Bungalow
New
For Sale
Contact for pricing
623 E Almond, Orange, CA 92866
Orange, CA
Property Size900 SF
Lot Size0.15 Acres
Price / SF$3.33
Days on Market1
Property Features for 623 E Almond
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
1
Bathrooms
1
Half bathrooms
1
Rooms
Bathroom 1, Bedroom 1, Laundry Room
Patio and Porch features
Porch, Patio
Pets allowed
Breed Restrictions, Call
Interior features
Ceiling Fan(s), Granite Counters
Appliances
Disposal, Microwave, Built-In Range, Refrigerator, Tankless Water Heater, Dishwasher
Lot features
Level with Street, Front Yard, Sprinkler System
Elementary school district
Orange Unified
Middle school district
Orange Unified
High school district
Orange Unified
Directions
Chapman and Cambridge
Subdivision
OTO - Old Towne Orange
Standard status
Active
APN
39044214
Size
900 SF
Lot size
0.15 Acres
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
tile flooring
recessed lighting
gourmet kitchen
granite counter tops
stainless steel appliances
ceiling fan
walk-in closet
double vanities
indoor laundry
guest bath
outdoor seating area
front porch
Building Details
Year built
2000
Floors in Building
1
Number of units
2
Flooring type
Tile
Roof type
Composition
Architectural style
Bungalow
Listing Agency:
Real Broker
(855) 450-0442
Listed By:
Glenda Farrell · License #01083876
(714) 271-5466
Added: Oct 19
Last Checked: Oct 19 at 7:06PM
MLS# OC26226031
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.
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Investment Insights
Based on property information with market context.
This bungalow-style duplex offers 900 square feet of interior space on a 0.15-acre lot. Interior details include tile flooring, recessed lighting, granite counters, and a walk-in closet. The kitchen is equipped with a built-in range, refrigerator, dishwasher, microwave, and disposal. Central heating and air conditioning serve the home, with a tankless water heater and indoor laundry also included.
Outdoor features comprise a front porch and a patio off the primary bedroom. The residence was built in 2000 and has public water and sewer service.
Outdoor features comprise a front porch and a patio off the primary bedroom. The residence was built in 2000 and has public water and sewer service.
Key Highlights
- 900 square feet of interior space on a 0.15‑acre lot
- Bungalow architectural style; built in 2000
- Granite counters, tile flooring, and recessed lighting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,950
Suggested Prices Based on Cap Rates
Cap Rate 5%
$319,000
$319.0K
Cap Rate 7%
$227,857
$227.9K
Cap Rate 9%
$177,222
$177.2K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$30.2K $33.60/SF
− Vacancy
−$1.2K −$1.38/SF
EGI
$29.0K $32.22/SF
− OpEx
−$13.1K −$14.50/SF
NOI
$16.0K $17.72/SF
Area
Orange, CA
Vacancy
4.10%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$319,000
Cap Rate 7%
$227,857
Cap Rate 9%
$177,222
Alternative Uses
Best Use
Multifamily LT 5
$247.5K
$216.6K – $288.8K
NOI $17,328 @ 7.0% cap · market cap 577.60%
Second Best
Apartment 5plus
$227.9K
$199.4K – $265.8K
NOI $15,950 @ 7.0% cap · market cap 531.67%
Theoretical Best
Office A
$325.4K
$284.7K – $379.6K
NOI $22,776 @ 7.0% cap · market cap 759.20%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
4,519
Businesses Nearby
Explore this area
Business Placement
Demographics for 92866, CA
15,935
Population
5,991
Households
2.7
Avg Household Size
36
Median Age
31%
College-Educated
85%
High-School Grad
1.9 sq mi
ZIP Area
8,387
Density / Sq Mi
$83,776
Median Household Income
$45,872
Median Earnings
$1,955
Median Rent
$892,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Tile flooring, indoor laundry, and central heating and air conditioning are among the residence’s practical features.
Where is this duplex located?
The property is located at 623 E Almond Orange, CA.
What are key features of this property?
This property features: 900 square feet of interior space on a 0.15‑acre lot; Bungalow architectural style; built in 2000; Granite counters, tile flooring, and recessed lighting
