See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

337-343 N Magnolia St, Orange, CA, 92866

13beds
8baths
4,976sqft
$3,450,000
$693price/sqft
$20,813/moest. monthly cost
$832,520/yrincome needed

About This Home

337-343 North Magnolia Street is a four-unit residential property located in the City of Orange, California. The property features a rare single-family-style rental profile, consisting of three newly constructed 3-bed/2-bath homes with large loft space built in 2026 and one 4-bed/2-bath home that was originally constructed in 1950 and fully renovated in 2025. The three newly constructed homes have never been lived in and feature modern interior finishes, dramatic 16-foot vaulted ceilings, spacious loft areas, in-unit laundry, private entrances, yards/patios, and all-electric systems with individual metering. The original 4-bed/2-bath home has been fully remodeled and includes a new HVAC system, offering an updated residence that complements the newly constructed units. The property is further enhanced by no shared walls, eight on-site parking spaces, individual water heaters, solar serving the three newly constructed units, new sewer laterals for all four homes, an expected 80% water utility reimbursement through RUBS, and individual trash billing directly to the City. These features help create a highly functional rental property with modern tenant amenities and a streamlined operating structure. Located near Chapman University and Old Towne Orange, the property offers residents convenient access to two of the city’s most important demand drivers.

Getting Around

80
WalkingVery Walkable
34
TransitSome Transit
76
BikeVery Bikeable

Schools

2/10
6/10
Yorba Middle SchoolGrades 7-80.8 mi
5/10
Orange High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1950

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Appliances

  • Appliances included: Dryer,Washer

Bedrooms & Bathrooms

  • Bedrooms: 13
  • Bathrooms: 8

Features

  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total structure area: 4,976
  • Total interior livable area: 4,976 sqft

Property

Details

  • Parcel number: 38612307
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: First level
  • Pool features: None

Lot

  • Lot size: 0.33 Acres
  • Features: Street Level

Parking

  • Total spaces: 1
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding

FEMA Declared Disasters in Orange County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Snowstorm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $17,445$209,340
Home Insurance *$461$5,532
Property Taxes $1,840$22,080
Electricity $1,067$12,804
Total$20,813$249,756
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$713,588/yr
40% on housing$624,390/yr
45% on housing$555,013/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$693This listing

vs Other Active Listings

Avg $/sqft

ZIP 92866$556
Orange County$768

vs Homes Sold Last Month

Median $/sqft

ZIP 92866$926
Orange County$707

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-29Listed for sale$3,450,000

For Sale by Agent

AgentTyler Leeson
BrokerageMarcus & Millichap RE Invest

Similar Homes