$2,095,000

337 E Everett Place Orange, CA 92867

Estimated payment $12,736/month

Total Views 1,345
7 Beds
4 Baths
2,030 Sq Ft
$1,032 Price per Sq Ft

Highlights

  • Laundry Room
  • 2 Car Garage
  • 1-Story Property
  • Central Air

About This Home

Exceptional investment opportunity just one block from Chapman University. This property features two fully leased homes generating $11,200 in monthly rental income. The front house offers 3(4) bedrooms and 2 bathrooms, while the grandfathered back house provides 4 bedrooms and 4 bathrooms—a rare setup that maximizes rent potential.

Both homes are designed for student living with private bedrooms, multiple bathrooms, and functional layouts that remain in high demand year after year. Located in one of Orange’s most desirable student housing corridors, the property benefits from strong, consistent occupancy and proximity to campus, Old Towne Orange, shopping, and dining.

With Chapman’s continued growth and limited nearby housing supply, 337 / 339 E Everett presents investors with immediate cash flow, long-term upside, and minimal vacancy risk in a proven rental market.

Listing Agent

Jacob Neal

BHHS Drysdale Properties Brokerage Phone: 209-642-2292 License #02097852 Listed on: 09/11/2025

BHHS Drysdale Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,888

Year Built

  • Built in 1954

Lot Details

  • 7,026 Sq Ft Lot
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway Level

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,030 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Air

Listing and Financial Details

  • Tax Tract Number 2056
  • Assessor Parcel Number 03920105

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,888

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Other Phone Number: 2096422292
  • Price Per Unit: 1047500
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 03920105
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 1032.02

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway Level, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7026.00
  • Lot Size Acres: 0.1613

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 134400.00
  • Gross Scheduled Income: 134400.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 7026.0000 Square Feet
  • Net Operating Income: 100800.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 33600.00
  • Operating Expense Percent: 25.00
  • Rent Control: No
  • Total Actual Rent: 11200.00
  • Total Expenses: 33600.00

Tax Info

  • Tax Tract Number: 2056

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2025 $18,888 $1,769,882 $1,510,768 $259,114
2024 $18,888 $1,735,179 $1,481,145 $254,034
2023 $18,477 $1,701,156 $1,452,103 $249,053
2022 $9,254 $828,080 $598,983 $229,097
2021 $7,172 $637,537 $587,238 $50,299
2020 $7,252 $657,900 $607,063 $50,837
2019 $7,161 $645,000 $595,159 $49,841
2018 $4,503 $398,708 $346,859 $51,849
2017 $4,318 $390,891 $340,058 $50,833
2016 $4,234 $383,227 $333,390 $49,837
2015 $4,171 $377,471 $328,382 $49,089
2014 $4,081 $370,077 $321,949 $48,128
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2025 09/11/25 For Sale $2,095,000 0.0% $1,032 / Sq Ft
04/25/2022 04/25/22 Rented $4,500 +0.7% --
04/14/2022 04/14/22 Under Contract -- -- --
03/31/2022 03/31/22 Price Changed $4,470 -57.1% $5 / Sq Ft
02/12/2022 02/12/22 For Rent $10,430 0.0% --
03/09/2020 03/09/20 Sold $631,000 -6.5% $613 / Sq Ft
11/23/2019 11/23/19 Price Changed $675,000 -2.2% $655 / Sq Ft
09/27/2019 09/27/19 For Sale $690,000 0.0% $670 / Sq Ft
05/02/2019 05/02/19 Rented $3,200 0.0% --
05/01/2019 05/01/19 Under Contract -- -- --
04/04/2019 04/04/19 For Rent $3,200 0.0% --
12/28/2018 12/28/18 Sold $645,000 -0.6% $655 / Sq Ft
11/18/2018 11/18/18 For Sale $649,000 +0.6% $660 / Sq Ft
11/08/2018 11/08/18 Off Market $645,000 -- --
11/08/2018 11/08/18 Pending -- -- --
10/23/2018 10/23/18 Price Changed $649,000 -3.8% $660 / Sq Ft
10/02/2018 10/02/18 For Sale $674,900 -- $686 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,667,500 Ticor Title
Grant Deed $631,000 Western Resources Title Co
Grant Deed $645,000 Orange Coast Title
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $350,000 Equity Title Orange County-I
Grant Deed $170,000 Orange Coast Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,360,000 New Conventional
Closed $1,360,000 New Conventional
Previous Owner $1,024,800 Commercial
Previous Owner $580,500 Purchase Money Mortgage
Previous Owner $356,000 New Conventional
Previous Owner $314,615 FHA
Previous Owner $318,150 FHA
Previous Owner $200,000 Unknown
Previous Owner $173,298 VA
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25214986

California Regional Multiple Listing Service (CRMLS)

APN: 039-201-05