$1,440,000
937 E Palmyra Avenue, Orange CA 92866
Multi-Family (3 Units)
Property type
1 day
On market
$757
Price per sqft
4 cars
Garage
1946
Year built
8,020 sqft
Lot size
Home highlights
Open Houses
Overview
Three units include a detached 2BD/1BA single-family home, a 2BD/1BA, and a non-conforming studio in a well-located Orange neighborhood minutes from Old Town and the CA-55/CA-22 interchange. In-unit laundry and central A/C in the single-family home. Lease up at market rates and the numbers move immediately. Current in-place rents approximately 33% below market, offering...
Listing provided by: Daniel Blackwell DRE #01854961 949-423-6111, CB Richard Ellis, Inc.
Listing updated: Jun 12, 2026 at 07:46pm.
Last checked: Jun 12, 2026 at 08:30pm
Source: CRMLS #26846909
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $3,300 | $3,300 | $3,300 | Unfurnished |
| 1 | 2 | 1 | — | $1,775 | $1,775 | $2,850 | Unfurnished |
| 1 | 0 | 1 | — | $625 | $625 | $1,300 | Unfurnished |
# of Buildings: 2
# of Units Total: 3
Financial Snapshot
Gross Rent Multiplier
21.1x
List Price / Annual Gross Rent
Cap Rate
2.9%
NOI / List Price
Net Operating Income: $41,707
Interior
Cooling: None
Heating: None
Exterior
Stories Total: 2
Levels: Two
Garage and Parking
Parking: Garage
Garage Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Parcel #: 39046110
Lot Size Dimensions: 50x165
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 937 E Palmyra Avenue, Orange, CA 92866. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,152,000
Total Interest
$1,469,313
Total Payment
$2,621,313
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$8,931
per month
Property History for 937 E Palmyra Avenue
Orange Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92866.
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