$3,571,760
RENTED MAR 24, 2025

505 N Glassell St Orange, CA 92867

5 Beds
5 Baths
2,091 Sq Ft
$1,708 Price per Sq Ft

Highlights

  • No Units Above
  • No HOA
  • Family Room Off Kitchen
  • L-Shaped Dining Room
  • Open to Family Room
  • Walk-In Closet

About This Home

As of March 2025

Welcome to 505 N Glassell St, a rare gem offering unparalleled convenience and comfort right in the heart of Orange. Situated just steps away from Chapman University, this spacious two-story 5-bedroom, 5-bathroom apartment is perfect for anyone seeking a vibrant, walkable lifestyle. Each bedroom comes with its own private ensuite, ensuring maximum privacy and convenience for every resident. Inside, you'll find three expansive living spaces that provide plenty of room to relax, entertain, or study. The large kitchen is equipped with modern appliances, ample cabinet storage, and a breakfast bar for casual dining. The washer and dryer are conveniently located inside the unit, making laundry a breeze. Hardwood floors flow throughout the common areas, adding a touch of warmth and style, while large windows bathe the home in natural light. Step outside and enjoy the convenience of being just a short stroll from Chapman University, local restaurants, shops, and the charming Old Towne Orange Plaza. The prime location of 505 N Glassell St offers the ideal blend of space, style, and convenience. Don't miss the opportunity to make this exceptional rental your next home.

Last Agent to Rent the Property

Vanessa Rodriguez

Caliber Real Estate Group Brokerage Email: vanessa@Caliberre.net License #02079930 Listed on: 01/27/2025

Last Renter's Agent

Sydney Rogers

First Team Real Estate North Tustin License #02242813

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,132

Year Built

  • Built in 1911

Lot Details

  • 6,098 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • On-Street Parking

Home Design

  • Apartment

Interior Spaces

  • 2,091 Sq Ft Home
  • 2-Story Property
  • Family Room Off Kitchen
  • L-Shaped Dining Room
  • Open to Family Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Patio

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available

Listing and Financial Details

  • Security Deposit $4,999
  • 12-Month Minimum Lease Term
  • Available 1/27/25
  • Legal Lot and Block 1 / A
  • Tax Tract Number 768
  • Assessor Parcel Number 03921111

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Pet Policy

  • Pet Deposit $500
  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,132

Year Built

Built in 1911

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2025-01-27
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 4999
  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 03921111
  • Year Built: 1911
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2091.00 Square Feet
  • Stories: 2
  • Entry Location: Off Alley
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 5
  • Eating Area: Dining Ell
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.39
  • Room Type: Kitchen, Primary Bathroom, Primary Bedroom, Walk-In Closet
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Pool Private: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Ductless
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Orange Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 6098.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 1

Tax Info

  • Tax Block: A
  • Tax Census Tract: 762.05
  • Tax Lot: 1
  • Tax Tract Number: 768

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2013
Sold by
Chapman Timothy P and Chapman Esther B
Bought by
Boustani Mario and El Jor Lana
Current Estimated Value
$3,571,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,072,000
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 28, 2009
Sold by
Chapman Timothy P and Chapman Esther B
Bought by
Chapman Timothy P and Chapman Esther B

Purchase Details

Closed on
May 25, 2007
Sold by
Chapman Tim
Bought by
Chapman Timothy P and Chapman Esther B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2005
Sold by
Chapman Esther
Bought by
Chapman Tim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
5.72%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 17, 2003
Sold by
Carter Christopher Alan
Bought by
Carter Norman E

Purchase Details

Closed on
Dec 13, 2002
Sold by
Carter Sara Catherine
Bought by
Carter Norman E

Purchase Details

Closed on
Oct 9, 2002
Sold by
Carter Norman E
Bought by
Carter Norman E and Carter Christopher Alan

Purchase Details

Closed on
Jan 19, 2002
Sold by
Carter Norman E
Bought by
Carter Norman E and Carter Sara Catherine

Purchase Details

Closed on
Aug 24, 2001
Sold by
Carter Sara Catherine
Bought by
Carter Norman E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,500
Interest Rate
7.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 21, 2000
Sold by
John Henry Foundation
Bought by
Carter Norman E and Carter Sara Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
8.19%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 27, 1994
Sold by
First American Trust Company
Bought by
The John Henry Foundation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
8.58%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Boustani Mario $1,703,000 First American Title
Chapman Timothy P -- None Available
Chapman Timothy P -- Chicago Title Co
Chapman Tim -- Fidelity National Title Co
Chapman Tim $850,000 Fidelity National Title
Carter Norman E -- Stewart Title
Carter Norman E -- Stewart Title Company
Carter Christopher Alan -- Stewart Title Company
Carter Norman E -- --
Carter Norman E -- --
Carter Norman E -- Stewart Title
Carter Norman E -- Old Republic Title Company
The John Henry Foundation $220,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boustani Mario B $1,048,000
Previous Owner Boustani Mario $1,072,000
Previous Owner Chapman Timothy P $1,100,000
Previous Owner Chapman Tim $765,000
Previous Owner Carter Norman E $318,500
Previous Owner Carter Norman E $247,000
Previous Owner The John Henry Foundation $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 Rented $4,999 0.0% --
01/27/2025 01/27/25 For Rent $4,999 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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 $23,132 $2,110,945 $1,716,207 $394,738
2024 $23,132 $2,069,554 $1,682,555 $386,999
2023 $22,621 $2,028,975 $1,649,564 $379,411
2022 $22,183 $1,989,192 $1,617,220 $371,972
2021 $21,566 $1,950,189 $1,585,510 $364,679
2020 $21,367 $1,930,193 $1,569,253 $360,940
2019 $21,098 $1,892,347 $1,538,484 $353,863
2018 $20,778 $1,855,243 $1,508,318 $346,925
2017 $19,915 $1,818,866 $1,478,743 $340,123
2016 $19,328 $1,763,514 $1,449,748 $313,766
2015 $19,048 $1,737,025 $1,427,972 $309,053
2014 $18,644 $1,703,000 $1,400,000 $303,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25019243

California Regional Multiple Listing Service (CRMLS)

APN: 039-211-11