Back 331 North Olive Street
Off Market

331 North Olive Street

Orange CA 92866

6
3
6600 sq. ft.
Multi-Family
Last sold for $2,150,000
Daniel GomezDaniel Gomez, last sold this property on 07 July 2026 after 62 days on market.

Overview

IRREPLACEABLE LOCATION in the heart of Old Towne Orange!! Just steps from the campus of Chapman University, placing this property in one of the most desirable, supply constrained rental pockets in the area. This unbeatable proximity drives consistent, year round demand from students, faculty, and young professionals. This unique triplex features three separate structures, offering an ideal unit mix for both stable cash flow and rental flexibility. The front home showcases classic Old Towne 1920s charm with a 3 bed, 1 bath layout and a recently renovated interior. The second unit is a 1 bed, 1 bath garage conversion completed in 2022, while the rear unit is a brand new ground up 2 bed, 1 bath build completed in 2025 providing low maintenance, modern construction rarely found in this historic neighborhood. Additional highlights include a shared yard, in-unit laundry, and an exceptional 91 Walk Score, with dining, retail, and entertainment just outside your door. The layout and location also make this property well suited for a home based or home occupational business, offering flexibility for owner users seeking a live/work environment in a high traffic area near campus. Ideal for owner users, 1031 exchange buyers, or investors seeking a turnkey asset in a premier location with strong rental upside and long-term appreciation potential.

Features

6 bedrooms
3 bathrooms
6600 sq. ft. lot size
Multi-Family

Estimated Value

We need at least 3 similar 6 bedroom multi families sold in Orange over the last 12 months.

Property history for 331 North Olive Street

2026
Sold
$2,150,000
07 Jul 2026 by Daniel Gomez, of Younglewin Advisors, Inc.
2023
Rented
Undisclosed
11 Apr 2023 by Berkshire Hathaway HomeServices Drysdale Properties (Lodi, 95242)
2023
Rented
Undisclosed
28 Feb 2023 by Berkshire Hathaway HomeServices Drysdale Properties (Lodi, 95242)

Happy sellers in Orange

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Local market activity for 6 bedroom multi families in Orange

In the last 12 months, 1 six-bedroom multi family similar to 331 North Olive Street, have been sold.

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