335 South Grand Street

Orange, CA 92866

$1,750,000
Price
5
Beds
4
Baths
2,566 Sq. Ft.
$682 / Sq. Ft.
2,566
Sq. Ft.
$682
per Sq. Ft.

Description

Check out this fantastic investment opportunity nestled in the historic Old Towne Orange community, just a stroll away from the iconic orange circle. The main house boasts a charming front porch, elegant wood floors, and kitchen featuring stainless steel appliances and a cozy breakfast nook. One of its bathrooms showcases a stylish stone/glass shower and pedestal sink, while the second bathroom offers modern amenities like a new shower, sink, and convenient washer and dryer hookups. Bedrooms in the...Check out this fantastic investment opportunity nestled in the historic Old Towne Orange community, just a stroll away from the iconic orange circle. The main house boasts a charming front porch, elegant wood floors, and kitchen featuring stainless steel appliances and a cozy breakfast nook. One of its bathrooms showcases a stylish stone/glass shower and pedestal sink, while the second bathroom offers modern amenities like a new shower, sink, and convenient washer and dryer hookups. Bedrooms in the main house are equipped with AC wall units, ceiling fans and custom closets for added comfort and storage. Step outside to discover a custom-paved rear yard adorned with patio area, mature trees, and custom fencing—an ideal spot for hosting barbecues and enjoying serene outdoor moments. The Upstairs back unit features two generously sized bedrooms, a spacious open-concept living room with vaulted ceilings, and a full kitchen. This unit is complimented with a private balcony that offers delightful views of the orange circle. Downstairs, a cozy one-bedroom unit awaits, recently updated with wood flooring and fresh paint. This unit also offers a walk-in closet, and a private brick paver patio. Both units conveniently share access to a laundry room, and feature central AC and heat. Completing this property is a two-car garage and a one-car garage, both with alley access, along with additional driveway parking. With its proximity to Chapman University, St. Joseph, and CHOC hospitals, easy access to major highways (5/22/55), and a short walk to the plaza, this location is highly sought after by tenants seeking convenience and quality living.
  1. Listed by Julie Karges • DRE #02079564 • Brokerage DRE #01008773 • First Team Real Estate • 949-500-6271
  2. Listed by Terry Karges • DRE #01384146 • Brokerage DRE #01008773 • First Team Real Estate

Property Details for 335 South Grand Street

Architectural Style
Cottage
View
Neighborhood
Parking Spaces Total
4
Private Pool
No
Cooling Type
Central Forced Air, Wall/Window
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor

Location

Listing Courtesy of First Team Real Estate, Julie Karges, DRE #02079564; First Team Real Estate, Terry Karges, DRE #01384146
Add your commute
LISTING UPDATED: 04/17/2024 05:21 AM

Property Details for 335 South Grand Street

StatusActive Under Contract
MLS #OC24023049
Days on Market75
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1908
Lot Size0.15 AC / 6,412 SF
CountyOrange County

Location

Listing Courtesy of First Team Real Estate, Julie Karges, DRE #02079564; First Team Real Estate, Terry Karges, DRE #01384146
Add your commute

Virtual Tour

Building Information for 335 South Grand Street

Stories2Residences-Year Built1908Building Size-Lot Size0.15 AC / 6,412 SF

Payment Calculator

$10,939 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,550

Property Taxes

$1,389

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 335 South Grand Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $94,140
  • Gross Scheduled Income: $94,140
  • Vacancy Allowance: 2615
  • Gross Operating Income: $91,525
  • Net Operating Income: $65,768
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $25,757
  • New Taxes Expense: $17,000
  • Gardener Expense: $1,980
  • Fuel Expense: $0
  • Insurance Expense: $1,010
  • Maintenance Expense: $3,600
  • Other Expense: $420
  • Other Expense Description: Gas
  • Trash Expense: $247
  • Water Sewer Expense: $1,500
  • Total Expenses: $25,757
Tax / Assessment Info
  • Tax Block: A
  • Tax Tract: 288
  • Tax Tract Number: 08001
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 8
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Park, Sidewalks, Storm Drains, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Free-Standing Range, Freezer, Disposal, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Water Heater
  • Equipment: Dishwasher, Dryer, Dryer Included, Freezer, Gas Dryer Hookup, Inside, Laundry Area, Microwave, Refrigerator, Room, Washer, Washer Hookup, Washer Included
  • Interior Features: Balcony, Ceiling Fan(s), High Ceilings, Open Floorplan
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Walk-In Closet
  • Bedroom Features: Main Floor Bedroom, WalkInCloset
  • Water Heater Features: Tankless
  • Water Heater Type: Tankless
  • Laundry: Yes
  • Laundry Features: Common Area, Dryer Included, Gas Dryer Hookup, Individual Room, Inside, Washer Hookup, Washer Included
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating Type: Central, Natural Gas
  • Heat Source: Natural Gas
  • Heating: Central, Natural Gas
  • Flooring: Laminate, Wood
  • Virtual Tour URL Branded: https://youtu.be/urC3SXdd09E
Exterior Features
  • Window Features: Wood Frames
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Vertical Siding, Wood Siding
  • Exterior Construction: Vertical Siding, Wood Siding
  • Exterior: Wood
  • Exterior Features: Lighting
  • Roof: Composition, Shingle
  • Entry Location: Front
  • Fence: Yes
  • Fence: Wood, Wrought Iron
  • Fencing: Excellent Condition, Wood, Wrought Iron
  • Foundation Details: Pillar/Post/Pier, Raised, Slab
  • Other Structures: Second Garage Attached, Two On A Lot
  • Property Condition: Updated/Remodeled
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Green Info
  • Walk Score: 82
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Landscaped, Level with Street, Rectangular Lot, Near Public Transit, Sprinkler System, Walkstreet
  • Direction Faces: West
  • Number Of Units: 3
  • Improvements Amount: $40,000.00
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Road Surface Type: Alley Paved, Paved
  • Road Frontage Type: City Street
  • Levels: One, Two, Multi/Split
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity - On Property, Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Driveway, Garage, Garage - 1 Car, Garage - 2 Car
  • Uncovered Spaces: 1
  • Open Other Spaces Total: 1
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Parking Features: Driveway, Concrete, Garage, Garage Faces Rear, Garage - Single Door, Garage - Two Door
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: No
  • Unit Type Actual Rent: $3,450
  • Unit Type Total Rent: $3,450
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,595
  • Unit Type Total Rent: $2,595
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 0
  • Number With Dishwasher: 2
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Number With Disposal: 3
  • Number With Patio: 1
  • Number Wall AC: 1

Property History for 335 South Grand 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 335 South Grand Street

Taxable ValueLand$1,404,021Additions$125,979Total$1,530,000
Tax Record2023$16,671 ($1,389 / month)
Home Facts
Beds2Total Finished SqFt770 SqFtAbove Grade Finished SqFt770 SqFtStories1Lot Size6,206 SqFtStyleSingle Family ResidenceYear Built1908CountyORANGEAPN390-403-03

Schools near 335 South Grand Street

This home is within Orange Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Palmyra Elementary School
PublicK to 6

Yorba Middle School
Public6 to 8

Orange High School
Public9 to 12

Richland Continuation High School
Public9 to 12

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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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 First Team Real Estate, Julie Karges, DRE #02079564; First Team Real Estate, Terry Karges, DRE #01384146

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.