312 E Meats Ave Orange, CA 92865
Orange AreaEstimated payment $6,809/month
Highlights
- Corner Lot
- No Interior Steps
- Laundry Facilities
- Fletcher Mandarin Language & Gate Academy Rated A-
- 3 Car Garage
- 5-minute walk to Shaffer Park
About This Home
Investment Opportunity in the Heart of Orange. A rare value-add opportunity for investors: this triplex is priced to reflect two known capital items: a repipe and a new roof over the garage only (with estimates available). Complete the work and step into equity upside. Additional equity opportunity with further renovations. The property is comprised of one 3-bedroom, 2-bath unit and two 2-bedroom, 1-bath units, occupied by long-term tenants in a highly desirable rental pocket. Parking onsite including three garage spaces (2-car and a 1-car), plus an on-site laundry room offering additional income potential. Location is unbeatable: just down the street from Chapman University, the Orange Circle, and all the offerings of Old Town Orange--shops, dining, and services. Got a train to catch? Orange Transportation Center (OTO) is located just 2.7 miles away and the Anaheim Canyon Station is only 3.3 miles out — plus easy access to local freeways. This is a well-located, income-producing asset with a clear path to added value.
Listing Agent
Freedom First Properties Brokerage Email: marc@freedomfirstproperties.com License #01956931 Listed on: 07/05/2026
Co-Listing Agent
Freedom First Properties Brokerage Email: marc@freedomfirstproperties.com License #01764472
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1973
Lot Details
- 9,148 Sq Ft Lot
- Two or More Common Walls
- Block Wall Fence
- Corner Lot
Parking
- 3 Car Garage
- Parking Available
- Driveway
Home Design
- Triplex
- Entry on the 1st floor
- Composition Roof
Interior Spaces
- 2,744 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Disposal
- Leased Washer and Dryer
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Additional Features
- No Interior Steps
- Suburban Location
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 8353
- Assessor Parcel Number 37443106
- $837 per year additional tax assessments
Community Details
Building Details
- 3 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $380
- Fuel Expense $1,116
- Gardener Expense $1,440
- Pest Control $1,116
- Trash Expense $912
- Water Sewer Expense $288
- Operating Expense $4,252
- Gross Income $64,200
- Net Operating Income $59,948
Additional Features
- 3 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $4,065 | $310,769 | $82,884 | $227,885 |
| 2025 | $4,065 | $304,676 | $81,259 | $223,417 |
| 2024 | $3,968 | $298,702 | $79,665 | $219,037 |
| 2023 | $3,873 | $292,846 | $78,103 | $214,743 |
| 2022 | $3,792 | $287,104 | $76,571 | $210,533 |
| 2021 | $3,695 | $281,475 | $75,070 | $206,405 |
| 2020 | $3,660 | $278,589 | $74,300 | $204,289 |
| 2019 | $3,621 | $273,127 | $72,843 | $200,284 |
| 2018 | $3,568 | $267,772 | $71,415 | $196,357 |
| 2017 | $3,436 | $262,522 | $70,015 | $192,507 |
| 2016 | $3,374 | $257,375 | $68,642 | $188,733 |
| 2015 | $3,324 | $253,509 | $67,610 | $185,899 |
| 2014 | $3,254 | $248,544 | $66,286 | $182,258 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/17/2026 07/17/26 | Pending | -- | -- | -- |
| 07/05/2026 07/05/26 | For Sale | $1,175,000 | -- | $428 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Lps Title Services | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Grant Deed | -- | South Coast Title Company |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $105,500 | New Conventional | |
| Previous Owner | $138,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $135,500 | Unknown | |
| Previous Owner | $155,000 | Unknown |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26145340
APN: 374-431-06
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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