$1,200,000
+$150,0002659 N Canal Street, Orange CA 92865
Multi-Family (Triplex)
Property type
491 days
On market
$472
Price per sqft
3 cars
Garage
1979
Year built
7,405 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 2,540 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 07:11pm.
Last checked: Jun 9, 2026 at 07:31pm
Source: CRMLS #IV25022441
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | 1 | $2,300 | $2,300 | $2,300 | Unfurnished |
| 1 | 2 | 2 | 1 | $2,600 | $2,600 | $2,600 | Unfurnished |
| 1 | 2 | 2 | 1 | $2,800 | $2,800 | $2,800 | Unfurnished |
# of Buildings: 1
# of Units Total: 3
Separate Electric Meters: 3
Separate Gas Meters: 3
Separate Water Meters: 3
Rent Control: No
Total Actual Rent: $6,223
Tenant Pays: All Utilities
Financial Snapshot
Gross Rent Multiplier
13.0x
List Price / Annual Gross Rent
Cap Rate
5.36%
NOI / List Price
Gross Scheduled Income: $92,400
Operating Expense: $28,139
Net Operating Income: $64,261
Annual Operating Expenses
Electric: $240
Gardener: $3,000
Fuel: $0
Insurance: $4,656
New Taxes: $12,758
Professional Management: $4,814
Trash: $0
Water / Sewer: $360
Other Expense: $2,311
Interior
Cooling: Central Air
Heating: Central
Fireplace: None
Laundry: Inside, Laundry Room
Entry Location: 1
Exterior
Architectural Style: Contemporary
Property Attached: Yes
Stories Total: 1
Levels: One
Door Features: Sliding Doors
Window Features: Blinds
Construction Materials: Stucco
Common Walls: One Common Wall
Security Features: Carbon Monoxide Detectors, Smoke Detectors
Lot Features: Front Yard, Lawn, 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 Faces Front, Garage Faces Rear, Unassigned
Garage Spaces: 3
Parking Total: 3
Lot Information
Land Lease: Yes
Land Lease Amount: $193 / Monthly
Common Interest: None
Parcel #: 37454127
Additional Parcels: No
Tax Lot: 2
Lot Size Dimensions: 76 x 97
Lot Dimensions Source: Assessor
Subdivision: none
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Suburban
Nearby Schools
Nearby schools around the 2659 N Canal Street, 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 2659 N Canal Street
Orange Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92865.
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