731 East Fairway Drive

Orange, CA 92866

$1,050,000
Price
5
Beds
3
Baths
2,195 Sq. Ft.
$478 / Sq. Ft.
2,195
Sq. Ft.
$478
per Sq. Ft.

Description

Cash-flowing duplex located in a highly desirable neighborhood near Old Town Orange. This income-generating property features two well-maintained units with solid rental income. The remodeled three-bedroom, two-bathroom unit includes a two-car garage and a private backyard, currently rented at $4,425 per month. Inside, this unit offers laminate flooring, a beautifully updated kitchen, and a cozy fireplace in the living room, making it a highly attractive rental option. The second unit is a comfortable...Cash-flowing duplex located in a highly desirable neighborhood near Old Town Orange. This income-generating property features two well-maintained units with solid rental income. The remodeled three-bedroom, two-bathroom unit includes a two-car garage and a private backyard, currently rented at $4,425 per month. Inside, this unit offers laminate flooring, a beautifully updated kitchen, and a cozy fireplace in the living room, making it a highly attractive rental option. The second unit is a comfortable two-bedroom, one-bathroom space with its own private patio and a one-car garage, generating $3,000 per month in rental income.
  1. Listed by John Nguyen • DRE #02224823 • Brokerage DRE #02034956 • Harcourts Signature Properties • 818-568-8890
  2. Listed by Greg Babakhanian • DRE #01856976 • Brokerage DRE #02034956 • Harcourts Signature Properties

Property Details for 731 East Fairway Drive

Parking Spaces Total
3
Private Pool
No
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2195
Assessor Parcel Number
390-031-08
Property Attached YN
true
LISTING UPDATED: 12/17/2024 12:13 PM

Property Details for 731 East Fairway Drive

StatusActive
MLS #OC24251158
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1972
Lot Size0.16 AC / 6,970 SF
CountyOrange County

Building Information for 731 East Fairway Drive

Stories2Residences-Year Built1972Building Size-Lot Size0.16 AC / 6,970 SF

Property Information for 731 East Fairway Drive

Income / Expense / Tax Details
Income Details
  • Gross Income: $87,000
  • Gross Scheduled Income: $89,100
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $2,400
  • Gardener Expense: $1,080
  • Fuel Expense: $0
  • Insurance Expense: $0
  • Other Expense: $420
  • Other Expense Description: Gas
  • Trash Expense: $0
  • Water Sewer Expense: $900
  • Total Expenses: $1,980
Tax / Assessment Info
  • Tax Tract Number: 7652
  • Tax Census Tract: 759.02
  • CFD/Mello-Roos Fee: $527
  • Tax Lot: 14
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: In Garage
Exterior Features
  • Entry Location: Front
  • Fence: Yes
  • Fencing: Block
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Back Yard
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Parking Features: Garage
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,000
  • Unit Type Total Rent: $3,000
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $4,425
  • Unit Type Total Rent: $4,425
  • Unit Type Pro Forma: 4425
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Number With Disposal: 2
  • Number With Patio: 3

Property History for 731 East Fairway Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 731 East Fairway Drive

Taxable ValueLand$1,101,600Additions$219,300Total$1,320,900
Tax Record2024$14,512 ($1,209 / month)
Home Facts
Total Finished SqFt2,195 SqFtAbove Grade Finished SqFt2,195 SqFtStories2Lot Size7,017 SqFtStyleDuplexYear Built1972CountyORANGEAPN390-031-08

Schools near 731 East Fairway Drive

This home is within Orange Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Palmyra Elementary School
PublicK to 6

Yorba Middle School
Public6 to 8

Orange High School
Public9 to 12

Ousd Community Day School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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731 East Fairway Drive is a multi-family home for sale in Orange, CA 92866. This property was listed for sale on December 14, 2024 by Harcourts Signature Properties, it's currently listed at $1,050,000. It has been on the market for a total of 29 days and was last sold on November 8, 2022. This listing's school district is Orange Unified School District. Nearby schools include Palmyra Elementary School, Yorba Middle School and Orange High School. 731 East Fairway Drive is a 5-bed, 3-bath, 2,195 sqft multi-family home built in 1972.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Harcourts Signature Properties, John Nguyen, DRE #02224823; Harcourts Signature Properties, Greg Babakhanian, DRE #01856976

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.