Triplex with Four Rear
New
For Sale
$1,534,900
603 S Orange, Santa Ana, CA 92701
Santa Ana, CA
Property Size3,212 SF
Lot Size0.21 Acres
Price / SF$477.86
Days on Market1
Property Features for 603 S Orange
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
7
Bathrooms
5
Full bathrooms
3
Half bathrooms
1
Rooms
Bedroom 6, Bathroom 4, Bedroom 4, Family Room, Bathroom 5, Bathroom 3, Bathroom 2, Laundry Room, Bedroom 3, Bedroom 1, Bedroom 7, Bedroom 2, Bathroom 1, Bedroom 5
Parking
7
Parking features
Carport, Gated, Garage
Patio and Porch features
Porch
Fireplace
1
Subdivision
Other (OTHR)
Lot features
Corner Lot, Lot 6500-9999
Elementary school district
Santa Ana Unified
Middle school district
Santa Ana Unified
High school district
Santa Ana Unified
Directions
North of Mcfadden and South of Main Street
Standard status
Active
APN
40410307
Size
3,212 SF
Lot size
0.21 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1953
Floors in Building
2
Number of units
3
Listing Agency:
First Team Real Estate
(949) 759-5747
Listed By:
Justin Miller · License #01292458
(949) 836-9535
Added: Oct 14
Last Checked: Oct 14 at 7:06PM
MLS# PW26223233
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This triplex combines a 2,042-square-foot front residence with two rear residences of 585 square feet each. The front home has five bedrooms; each rear unit has one bedroom. The three dwellings total 3,212 square feet on a 9,224-square-foot lot. Each residence has its own meter, and the rear units have separate side entrances with no shared backyard area. Four single-car garages sit beneath the rear units, while a separate driveway provides access for RV or boat parking.
The property occupies a corner site in Santa Ana, with alley access to the rear residences. Improvements include updated windows, newer fencing, exterior wood repairs, and improved stairs and landings serving the rear units. Interior details include wood and tile flooring and wood stairs. Central heating and air conditioning are installed; the property was built in 1953.
The property occupies a corner site in Santa Ana, with alley access to the rear residences. Improvements include updated windows, newer fencing, exterior wood repairs, and improved stairs and landings serving the rear units. Interior details include wood and tile flooring and wood stairs. Central heating and air conditioning are installed; the property was built in 1953.
Key Highlights
- Front residence: 5 bedrooms and 2,042 sq. ft.; two rear units: 1 bedroom and 585 sq. ft. each
- Three residences total 3,212 sq. ft. on a 9,224 sq. ft. lot
- Separate meters for the front home and rear units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,570
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,391,400
$1.4M
Cap Rate 7%
$993,857
$993.9K
Cap Rate 9%
$773,000
$773.0K
Market Conditions
NOI Build-Up for 3,212 SF
Gross rent
$104.1K $32.40/SF
− Vacancy
−$4.7K −$1.46/SF
EGI
$99.4K $30.94/SF
− OpEx
−$29.8K −$9.28/SF
NOI
$69.6K $21.66/SF
Area
ZIP 92701
Vacancy
4.50%
Lease Rate
$32.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,391,400
Cap Rate 7%
$993,857
Cap Rate 9%
$773,000
Alternative Uses
Best Use
Multifamily LT 5
$993.9K
$869.6K – $1.16M
NOI $69,570 @ 7.0% cap · market cap 4.53%
Second Best
Apartment 5plus
$912.0K
$798.0K – $1.06M
NOI $63,839 @ 7.0% cap · market cap 4.16%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,643
Businesses Nearby
Explore this area
Business Placement
Demographics for 92701, CA
48,789
Population
13,470
Households
3.6
Avg Household Size
32
Median Age
11%
College-Educated
62%
High-School Grad
3.2 sq mi
ZIP Area
15,247
Density / Sq Mi
$68,697
Median Household Income
$33,846
Median Earnings
$1,650
Median Rent
$608,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Triplex - Three residences have individual meters, and the two rear homes are accessible from an alley.
Where is this triplex located?
The property is located at 603 S Orange Santa Ana, CA.
What is the asking price?
The asking price for this property is $1,534,900.
What are key features of this property?
This property features: Front residence: 5 bedrooms and 2,042 sq. ft.; two rear units: 1 bedroom and 585 sq. ft. each; Three residences total 3,212 sq. ft. on a 9,224 sq. ft. lot; Separate meters for the front home and rear units
