233 South Esplanade Street

Orange, CA 92869

$1,329,990
Price
6
Beds
6
Baths
2,832 Sq. Ft.
$470 / Sq. Ft.
2,832
Sq. Ft.
$470
per Sq. Ft.

Description

Price reduced! Owners motivated to sale. YOUR OPPORTUNITY TO OWN INCOME PRODUCING TRIPLEX in the great city of Orange. Proudly presenting this great opportunity to own a lucrative wealth building investment. Property is located near major freeways as well as shopping, recreational, and many convenient amenities. All three units have long term tenants with steady solid income. New owner has opportunity to increase rent to update rental value. All tenants are currently on month to month leases. Three...Price reduced! Owners motivated to sale. YOUR OPPORTUNITY TO OWN INCOME PRODUCING TRIPLEX in the great city of Orange. Proudly presenting this great opportunity to own a lucrative wealth building investment. Property is located near major freeways as well as shopping, recreational, and many convenient amenities. All three units have long term tenants with steady solid income. New owner has opportunity to increase rent to update rental value. All tenants are currently on month to month leases. Three unit features , unit A 2 bedroom 1 ½ bath, unit B 2 bedroom1 ½ bath, unit C 2 bedroom 1 ½ bath. Four total attached garage parking which is one garage parking per unit. Also, there are three additional parking spots located on property. Owner is selling property as is. Coin Laundry income $5,000.00 per year. This is a rare opportunity to own a lucrative asset located in a highly desirable area. It’s your time to make your investment dream a reality.
  1. Listed by Tony Phong • DRE #01744753 • Brokerage DRE #02188471 • eXp Realty of Greater Los Angeles, Inc. • 714-234-3012

Property Details for 233 South Esplanade Street

Parking Spaces Total
4
Private Pool
No
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2832
Assessor Parcel Number
392-192-30
Property Attached YN
false

Location

Listing Courtesy of eXp Realty of Greater Los Angeles, Inc., Tony Phong, DRE #01744753
Add your commute
LISTING UPDATED: 04/16/2024 11:52 AM

Property Details for 233 South Esplanade Street

StatusActive
MLS #OC24005215
Days on Market90
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1977
Lot Size0.17 AC / 7,405 SF
CountyOrange County

Location

Listing Courtesy of eXp Realty of Greater Los Angeles, Inc., Tony Phong, DRE #01744753
Add your commute

Building Information for 233 South Esplanade Street

Stories2Residences-Year Built1977Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$8,106 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,258

Property Taxes

$848

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 233 South Esplanade Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $53,995
  • Gross Scheduled Income: $66,060
  • Net Operating Income: $50,023
Expense Details
  • Operating Expense: $16,037
  • Gardener Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $900
  • Insurance Expense: $1,445
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $16,037
Tax / Assessment Info
  • Tax Tract Number: 219.13
  • Tax Census Tract: 219.13
  • CFD/Mello-Roos Fee: $782
  • Tax Lot: 1
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area, Dryer Included, Gas & Electric Dryer Hookup, In Carport, In Closet, In Garage, In Kitchen, Upper Level, Washer Hookup, Washer Included
Exterior Features
  • Entry Location: front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: None
  • Sewer: None
  • Water Source: None
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Total Rent: $1,950
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Total Rent: $1,935
  • Unit Type Pro Forma: 2350
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Total Rent: $1,930
  • Unit Type Pro Forma: 2350
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 233 South Esplanade Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 233 South Esplanade Street

Taxable ValueLand$704,536Additions$184,948Total$889,484
Tax Record2023$10,170 ($848 / month)
Home Facts
Total Finished SqFt2,832 SqFtAbove Grade Finished SqFt2,832 SqFtStories2Lot Size9,590 SqFtStyleMulti-Family Res (5+ Units)Year Built1977CountyORANGEAPN392-192-30

Schools near 233 South Esplanade Street

This home is within Orange Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - K to 8
Public - 9 to 12
Charter - 7 to 8
Rating
School
Distance
McPherson Magnet School
PublicK to 8

El Modena High School
Public9 to 12

Santiago Middle School
Charter7 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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233 South Esplanade Street is a multi-family home for sale in Orange, CA 92869. This property was listed for sale on January 29, 2024 by eXp Realty of Greater Los Angeles, Inc., it's currently listed at $1,329,990. It has been on the market for a total of 90 days and was last sold on November 4, 2014. This listing's school district is Orange Unified School District. Nearby schools include Jordan Academy of Language and Computer Science, McPherson Magnet School and El Modena High School. 233 South Esplanade Street is a 6-bed, 6-bath, 2,832 sqft multi-family home built in 1977.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty of Greater Los Angeles, Inc., Tony Phong, DRE #01744753

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.