$1,200,000
+$150,0001404 E Sail Avenue, Orange CA 92865
Multi-Family (Triplex)
Property type
491 days
On market
$472
Price per sqft
3 cars
Garage
1979
Year built
8,712 sqft
Lot size
Home highlights
Open Houses
Overview
Don't miss this opportunity to own the leasing rights thru 2063 on this sizeable single-story triplex with 2,542 square feet of living space. Desirable units that are all occupied. There are two separate units, each with two bedrooms and two bathrooms. Also, a one bedroom one bath unit. All units have a one-car garage with some extra parking spaces. Nice-sized living rooms....
Listing provided by: RUTH SHAN DRE #01896201 714-865-7008, A TEAM REALTY, Russ Chapman DRE #01399173, C-21 Classic Estates
Listing updated: Jun 9, 2026 at 07:08pm.
Last checked: Jun 9, 2026 at 07:30pm
Source: CRMLS #IV25022428
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | 1 | $2,000 | $2,000 | $2,000 | Unfurnished |
| 1 | 2 | 2 | 1 | $1,850 | $1,850 | $1,850 | Unfurnished |
| 1 | 2 | 2 | 1 | $2,795 | $2,795 | $2,795 | Unfurnished |
# of Buildings: 1
# of Units Total: 3
Separate Electric Meters: 3
Separate Gas Meters: 3
Separate Water Meters: 3
Carpet: 3
Dishwasher: 3
Ranges: 3
Rent Control: No
Units Leased: 3
Total Actual Rent: $5,731
Tenant Pays: All Utilities
Financial Snapshot
Gross Rent Multiplier
15.0x
List Price / Annual Gross Rent
Cap Rate
4.3%
NOI / List Price
Gross Scheduled Income: $79,740
Operating Expense: $28,139
Net Operating Income: $51,601
Annual Operating Expenses
Electric: $240
Gardener: $3,000
Insurance: $4,656
New Taxes: $12,758
Professional Management: $4,814
Trash: $0
Water / Sewer: $360
Other Expense: $2,311
Interior
Interior Features: Ceiling Fans, All Bedrooms Down, Main Level Primary
Room Type: Bedroom, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom
Flooring: Carpet, Tile
Cooling: Central Air
Heating: Central
Appliances: Built In Range, Dishwasher, Gas Oven, Water Heater
Fireplace: None
Laundry: Inside, Laundry Room
Accessibility: Low Pile Carpet, No Stairs
Entry Location: 1
Exterior
Architectural Style: Contemporary
Property Attached: Yes
Stories Total: 1
Levels: One
Door Features: Sliding Doors
Roof: Shingle
Window Features: Blinds
Construction Materials: Stucco
Common Walls: One Common Wall
Security Features: Carbon Monoxide Detectors, Smoke Detectors
Lot Features: Front Yard, Landscaped, Sprinkler System
Pool: None
Spa: None
Fencing: Average Condition
Water Source: Public
Sewer: Public Sewer
Electric: Electricity On Property
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected
View: None
Road Frontage Type: City Street
Road Surface Type: Paved
Garage and Parking
Parking: Garage, Unassigned
Garage Spaces: 3
Uncovered Spaces: 0
Carport Spaces: 0
Parking Total: 3
Lot Information
Land Lease: Yes
Land Lease Amount: $193 / Monthly
Common Interest: None
Parcel #: 37454120
Additional Parcels: No
Tax Lot: 20
Lot Dimensions Source: Assessor
Subdivision: Other
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Suburban, Sidewalks
Nearby Schools
Nearby schools around the 1404 E Sail Avenue, Orange, CA 92865. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$960,000
Total Interest
$1,224,427
Total Payment
$2,184,427
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$7,468
per month
Property History for 1404 E Sail Avenue
Orange Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92865.
Similar Homes
Listings with similar prices to 1404 E Sail Avenue