Active

337 343 N Magnolia Street

Orange, CA 92866

$3,450,000 $14,545/Mo

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Overview

Bed

Bath

4,976

Sqft

14,400

Sqft(Lot)

Description

337-343 North Magnolia Street is a four-unit residential property located in the City of Orange, California. The property features a rare single-family-style rental profile, consisting of three newly constructed 3-bed/2-bath homes with large loft space built in 2026 and one 4-bed/2-bath home that was originally constructed in 1950 and fully renovated in 2025. The three newly constructed homes have never been lived in and feature modern interior finishes, dramatic 16-foot vaulted ceilings, spacious loft areas, in-unit laundry, private entrances, yards/patios, and all-electric systems with individual metering. The original 4-bed/2-bath home has been fully remodeled and includes a new HVAC system, offering an updated residence that complements the newly constructed units. The property is furt her enhanced by no shared walls, eight on-site parking spaces, individual water heaters, solar serving the three newly constructed units, new sewer laterals for all four homes, an expected 80% water utility reimbursement through RUBS, and individual trash billing directly to the City. These features help create a highly functional rental property with modern tenant amenities and a streamlined operating structure. Located near Chapman University and Old Towne Orange, the property offers residents convenient access to two of the city’s most important demand drivers.

Property Details

Property Type : Residential Income

Price : $3,450,000

AD Id : 87069500

MLS Id : OC26141584

Beds : 10

Lot Size : 14,400 Sqft

Living Area Size : 4,976

Year Built : 1950

Garage : 1

County : Orange

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Property Appliances: Dryer,Washer

Building Information

Year Built: 1950 Building Area Total: 4,976
Pool Features

None

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.3306
Lot Size Source: Assessor Lot Size Square Feet: 14400

Listing Price Information

Original List Price: 3,450,000 Listing Contract Date: 2026-06-29
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 38612307

Other Property Info

Source Listing Status: Active Source Neighborhood: OTO - Old Towne Orange Directions: Cross Streets of North Magnolia Street & East Palm Avenue Source Property Type: Residential Income Area: OTO - Old Towne Orange Property SubType: Quadruplex
Building and Construction

Property Age: 76 Common Walls: No Common Walls Structure Type: Quadruplex Year Built Source: Assessor Entry Level: 1 Entry Location: First level Levels or Stories: Two Building Total Stories: 2

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