$1,695,000
417 N Citrus Street, Orange CA 92868
Multi-Family (2 Units)
Property type
37 days
On market
$788
Price per sqft
2 cars
Garage
1950
Year built
6,600 sqft
Lot size
Home highlights
Open Houses
Overview
Located in the heart of Orange, just steps from Chapman University, 417 N Citrus Ave offers a proven income-producing setup with strong in-place rents and long-term upside. The property includes a 4 bedroom, 2 bathroom front house and a newly built 2 bedroom, 1 bathroom ADU (419) completed in 2024. The front home features a flexible layout with a variety of room sizes,...
Listing provided by: Jacob Neal DRE #02097852, BHHS Drysdale Properties
Listing updated: May 18, 2026 at 02:45am.
Last checked: Jun 3, 2026 at 11:31pm
Source: CRMLS #OC26092289
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 4 | 2 | 1 | $5,960 | $5,960 | $5,960 | Unfurnished |
| 1 | 2 | 1 | 1 | $3,150 | $3,150 | $3,200 | Unfurnished |
# of Buildings: 2
# of Units Total: 2
Separate Electric Meters: 2
Separate Gas Meters: 1
Separate Water Meters: 1
Rent Control: No
Tenant Pays: All Utilities
Financial Snapshot
Gross Rent Multiplier
15.5x
List Price / Annual Gross Rent
Cap Rate
5.04%
NOI / List Price
Gross Scheduled Income: $109,320
Operating Expense: $24,000
Net Operating Income: $84,320
Annual Operating Expenses
Electric: $0
Gardener: $100
Fuel: $0
Insurance: $1,800
Trash: $0
Water / Sewer: $0
Interior
Interior Features: All Bedrooms Down
Room Type: Bedroom
Cooling: Central Air
Fireplace: Living Room
Laundry: In Garage
Entry Location: Citrus
Exterior
Property Attached: No
Stories Total: 1
Levels: One
Common Walls: No Common Walls
Lot Features: Two To Five Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
View: Neighborhood
Garage and Parking
Garage Spaces: 2
Parking Total: 2
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 03901217
Additional Parcels: No
Tax Lot: 7
Subdivision: unknown
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 417 N Citrus Street, Orange, CA 92868. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,356,000
Total Interest
$1,729,503
Total Payment
$3,085,503
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$10,486
per month
Property History for 417 N Citrus Street
Orange Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92868.
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