Blanca M Lopez
RE/MAX One
(657) 385-8005
60 Total Sales
4 in Orange
$40K - $1.1M Price Range
331 N Olive St Orange, CA 92866
Orange Area
6
Beds
3
Baths
2,418
Sq Ft
6,600
Sq Ft Lot
Highlights
- No HOA
- Dog Park
- 1-Story Property
- Bike Trail
About This Home
As of July 2026IRREPLACEABLE LOCATION in the heart of Old Towne Orange!! Just steps from the campus of Chapman University, placing this property in one of the most desirable, supply constrained rental pockets in the area. This unbeatable proximity drives consistent, year round demand from students, faculty, and young professionals. This unique triplex features three separate structures, offering an ideal unit mix for both stable cash flow and rental flexibility. The front home showcases classic Old Towne 1920s charm with a 3 bed, 1 bath layout and a recently renovated interior. The second unit is a 1 bed, 1 bath garage conversion completed in 2022, while the rear unit is a brand new ground up 2 bed, 1 bath build completed in 2025 providing low maintenance, modern construction rarely found in this historic neighborhood. Additional highlights include a shared yard, in-unit laundry, and an exceptional 91 Walk Score, with dining, retail, and entertainment just outside your door. The layout and location also make this property well suited for a home based or home occupational business, offering flexibility for owner users seeking a live/work environment in a high traffic area near campus. Ideal for owner users, 1031 exchange buyers, or investors seeking a turnkey asset in a premier location with strong rental upside and long-term appreciation potential.
Last Agent to Sell the Property
Younglewin Advisors, Inc. Brokerage Phone: 562-266-7629 License #02081392 Listed on: 05/05/2026
Last Buyer's Agent
Younglewin Advisors, Inc. Brokerage Phone: 562-266-7629 License #02081392 Listed on: 05/05/2026
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,961
Year Built
- Built in 2025
Lot Details
- 6,600 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 2,418 Sq Ft Home
- 1-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Parking
- Parking Available
- Driveway Level
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 10
- Tax Tract Number 27
- Assessor Parcel Number 03915303
- $827 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
Amenities
- Laundry Facilities
Recreation
- Dog Park
- Bike Trail
Building Details
- 2 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 1 Separate Gas Meter
- 2 Separate Water Meters
- Gardener Expense $1,200
- Insurance Expense $2,418
- Maintenance Expense $1,500
- Pest Control $495
- Professional Management Expense $5,227
- Operating Expense $32,800
- Gross Income $130,680
- Net Operating Income $95,265
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2026
Closed on
Jun 25, 2026
Sold by
Bought by
Seller's Agent
Daniel Gomez
Younglewin Advisors, Inc.
Buyer's Agent
Daniel Gomez
Younglewin Advisors, Inc.
List Price
$1,995,000
Sold Price
$2,150,000
Premium/Discount to List
$155,000
7.77%
Views
73
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-70.14%
Purchase Details
Listed on
Dec 20, 2022
Closed on
Jan 27, 2023
Sold by
Bought by
Seller's Agent
Jacob Neal
BHHS Drysdale Properties
Buyer's Agent
Jacob Neal
BHHS Drysdale Properties
Sold Price
$4,000
Views
47
Purchase Details
Listed on
Sep 16, 2022
Closed on
Aug 3, 2022
Sold by
Bought by
Seller's Agent
Ruchelle Stuart
Proper Real Estate
Buyer's Agent
Ruchelle Stuart
Proper Real Estate
List Price
$1,100,000
Sold Price
$1,100,000
Views
2
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.97%
Original Mortgage
$1,115,000
Interest Rate
5.22%
Mortgage Type
Construction
Purchase Details
Closed on
Nov 29, 2021
Sold by
Bought by
Purchase Details
Closed on
Sep 14, 2021
Sold by
Bought by
Purchase Details
Closed on
Aug 14, 2013
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Orange, CA
-
Blanca M Lopez
-
Chandy Andre
Chandy Andre
CK Realty
(949) 570-6094
39 Total Sales
2 in Orange
$1,541,000 Price Range
-
Candice Blair
Candice Blair
Responds QuicklyColdwell Banker Realty
(949) 744-5263
108 Total Sales
1 in Orange
$630,000 Price
-
Adel Hamad
Adel Hamad
Lifetime Realty Inc
(424) 396-0586
23 Total Sales
4 in Orange
$78K - $205K Price Range
-
Shelly Eshelman
Shelly Eshelman
Shelly Eshelman Realty, Inc.
(855) 770-4381
96 Total Sales
5 in Orange
$130K - $240K Price Range
-
Jeffrey Russell
Jeffrey Russell
Russell Realty Group
(626) 604-2792
115 Total Sales
1 in Orange
$1,075,000 Price
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 |
|---|---|---|---|
| Grant Deed | $2,150,000 | First American Title Company | |
| Deed | -- | -- | |
| Grant Deed | $1,100,000 | Fidelity National Title | |
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | -- | None Listed On Document | |
| Deed | -- | -- | |
| Deed | -- | None Available |
Source: Public Records
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 |
|---|---|---|---|
| Previous Owner | $1,687,000 | Construction | |
| Previous Owner | $1,425,000 | Construction | |
| Previous Owner | $1,115,000 | Construction |
Source: Public Records
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 | Prior Sale |
|---|---|---|---|---|---|
| 07/07/2026 07/07/26 | Sold | $2,150,000 | +7.8% | $889 / Sq Ft | |
| 06/06/2026 06/06/26 | Pending | -- | -- | -- | |
| 05/05/2026 05/05/26 | For Sale | $1,995,000 | 0.0% | $825 / Sq Ft | |
| 04/11/2023 04/11/23 | Rented | $4,725 | -1.5% | -- | |
| 03/26/2023 03/26/23 | For Rent | $4,795 | +19.9% | -- | |
| 02/28/2023 02/28/23 | Rented | $4,000 | +5.5% | -- | |
| 02/06/2023 02/06/23 | Price Changed | $3,790 | -0.1% | $3 / Sq Ft | |
| 02/01/2023 02/01/23 | Price Changed | $3,795 | -9.6% | $3 / Sq Ft | |
| 01/23/2023 01/23/23 | Price Changed | $4,200 | -11.1% | $4 / Sq Ft | |
| 12/20/2022 12/20/22 | For Rent | $4,725 | 0.0% | -- | |
| 09/23/2022 09/23/22 | Sold | $1,100,000 | 0.0% | $984 / Sq Ft | View Prior Sale |
| 09/16/2022 09/16/22 | For Sale | $1,100,000 | -- | $984 / Sq Ft | |
| 07/19/2022 07/19/22 | Pending | -- | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $14,424 | $1,309,159 | $1,125,962 | $183,197 |
| 2025 | $14,424 | $1,283,490 | $1,103,885 | $179,605 |
| 2024 | $12,664 | $1,122,000 | $1,082,240 | $39,760 |
| 2023 | $12,132 | $1,100,000 | $1,061,019 | $38,981 |
| 2022 | $9,665 | $867,000 | $829,950 | $37,050 |
| 2021 | $6,380 | $568,822 | $538,078 | $30,744 |
| 2020 | $6,320 | $562,990 | $532,561 | $30,429 |
| 2019 | $6,241 | $551,951 | $522,118 | $29,833 |
| 2018 | $6,145 | $541,129 | $511,880 | $29,249 |
| 2017 | $5,893 | $530,519 | $501,843 | $28,676 |
| 2016 | $5,780 | $520,117 | $492,003 | $28,114 |
| 2015 | $5,694 | $512,305 | $484,613 | $27,692 |
| 2014 | $5,572 | $502,270 | $475,120 | $27,150 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Gomez
Seller's Agent in 2026
Daniel Gomez
Younglewin Advisors, Inc.
(562) 266-7629
26 Total Sales
-
Jacob Neal
Seller's Agent in 2023
Jacob Neal
BHHS Drysdale Properties
(209) 642-2292
58 Total Sales
-
Ruchelle Stuart
Seller's Agent in 2022
Ruchelle Stuart
Proper Real Estate
(562) 322-3989
77 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26097561
APN: 039-153-03
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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
Nearby Homes
- 551 W Maple Ave
- 563 W Maple Ave
- 633 N Orange St
- 151 S Parker St
- 456 N Batavia St
- 417 N Citrus St
- 145 W Mayfair Ave
- 278 N Citrus St
- 209 E Mayfair Ave
- 461 N Citrus St
- 245 S Parker St
- 292 N Waverly St
- 1104 W Palm Ave
- 1103 W Maple Ave
- 317 N Waverly St
- 1127 W Acacia Ave
- 1200 W Sycamore Ave
- 860 N Grand St
- 855 N Lemon St Unit 6
- 1245 W Cherry Dr
Your Personal Tour Guide
Ask me questions while you tour the home.