Listed by Daniel Gomez, Younglewin Advisors, Inc., (562) 318-0215
331 N Olive St
Orange, CA 92866
- 6 Beds
- 3 Baths
- 2,418 sqft
6 Beds
3 Baths
2,418 sqft
Local Information
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Description
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.
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.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
$825
Listed
5 days ago
Home Details for 331 N Olive St
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Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 3 |
Appliances & Utilities Laundry: Inside |
Windows, Doors, Floors & Walls Common Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1Levels: OneEntry Location: N Olive St |
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Exterior Home Features No Private Pool |
Parking & Garage No GarageNo Attached GarageParking: Driveway Level |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 1Days on Market: 5 |
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Year Built Year Built: 2025 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Triplex |
Building Not a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 03915303 |
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Price List Price: $1,995,000Price Per Sqft: $825 |
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MLS Status: Active |
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Direction & Address City: Orange |
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Listing Agent Listing ID: PW26097561 |
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Building Area Building Area: 2418 Square Feet |
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Community Features: Biking, Dog ParkNot Senior Community |
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Association for this Listing: California Regional MLSHOA Fee: No HOA Fee |
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Lot Area: 6600 sqft |
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Special Conditions: Standard |
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Listing Terms: Contract |
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Expense Tenant Pays: All Utilities |
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Has Rent Control |
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Mls Number: PW26097561Living Area Range Units: Square FeetAttribution Contact: 562-266-7629Common Interest: NoneUniversal Property Id: US-06059-N-03915303-R-N |
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BikingDog ParkSource Internet Entire Listing Display |
Last check for updates: about 14 hours ago
Listing Provided by: Daniel Gomez DRE #02081392, (562) 266-7629
Younglewin Advisors, Inc.
Originating MLS: California Regional MLS
Price History for 331 N Olive St
| Date | Price | Event | Source |
|---|---|---|---|
| 05/05/2026 | $1,995,000 | Listed For Sale | CRMLS #PW26097561 |
| 04/22/2026 | $3,195 | ListingRemoved | Zillow Rentals |
| 04/21/2026 | $3,195 | Listed For Rent | Zillow Rentals |
| 10/25/2025 | $3,195 | ListingRemoved | Zillow Rentals |
| 10/15/2025 | $3,195 | Listed For Rent | Zillow Rentals |
| 10/13/2025 | $4,195 | ListingRemoved | Zillow Rentals |
| 09/24/2025 | $4,195 | Listed For Rent | Zillow Rentals |
| 09/06/2025 | $4,495 | ListingRemoved | Zillow Rentals |
| 07/23/2025 | $4,495 | Listed For Rent | Zillow Rentals |
| 07/22/2025 | $4,495 | ListingRemoved | Zillow Rentals |
| 06/10/2025 | $4,495 | PriceChange | Zillow Rentals |
| 05/22/2025 | $4,695 | PriceChange | Zillow Rentals |
| 05/07/2025 | $4,995 | PriceChange | Zillow Rentals |
| 04/04/2025 | $5,100 | Listed For Rent | Zillow Rentals |
| 04/12/2023 | ListingRemoved | Zillow Rentals | |
| 02/23/2023 | $4,725 | PriceChange | Zillow Rentals |
| 02/02/2023 | $3,795 | PriceChange | Zillow Rentals |
| 01/23/2023 | $3,995 | PriceChange | Zillow Rentals |
| 12/21/2022 | $4,725 | Listed For Rent | Zillow Rentals |
| 09/22/2022 | $1,100,000 | Sold | N/A |
| 09/16/2022 | $1,100,000 | Contingent | CRMLS #OC22148588 |
| 07/20/2022 | $1,100,000 | Pending | CRMLS #OC22148588 |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $14,430 |
| Assessment | $1,283,490 |
Home facts updated by county records
Comparable Sales for 331 N Olive St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.51 | Multi-Family Home | $1,000,000 | 01/09/26 | 4 | 3 | 2,340 | |
0.50 | Multi-Family Home | $1,975,000 | 11/14/25 | 7 | 4 | 2,030 | |
0.55 | Multi-Family Home | $1,405,000 | 08/13/25 | 5 | 5 | 2,378 | |
0.48 | Multi-Family Home | $1,050,000 | 12/12/25 | 4 | 2 | 1,583 | |
0.58 | Multi-Family Home | $1,225,000 | 12/08/25 | 4 | 4 | 2,000 | |
0.63 | Multi-Family Home | $1,275,000 | 09/25/25 | 4 | 3 | 1,462 | |
0.54 | Multi-Family Home | $1,840,000 | 03/26/26 | 6 | 5 | 4,000 | |
0.72 | Multi-Family Home | $1,335,000 | 12/08/25 | 5 | 2 | 2,096 | |
0.91 | Multi-Family Home | $1,315,000 | 12/05/25 | 6 | 4 | 2,120 |
Assigned Schools
These are the assigned schools for 331 N Olive St.
What Locals Say about Orange
At least 910 Trulia users voted on each feature.
90 % Say it's dog friendly
89 % Say there are sidewalks
82 % Say car is needed
78 % Say there's holiday spirit
70 % Say streets are well-lit
69 % Say yards are well-kept
69 % Say people would walk alone at night
67 % Say it's walkable to restaurants
62 % Say parking is easy
60 % Say it's walkable to grocery stores
58 % Say it's quiet
57 % Say kids play outside
56 % Say they plan to stay for at least 5 years
53 % Say neighbors are friendly
48 % Say there's wildlife
32 % Say there are community events
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Daniel Gomez, Younglewin Advisors, Inc.
Agent Phone: (562) 266-7629

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
331 N Olive St, Orange, CA 92866 is a 6 bedroom, 3 bathroom, 2,418 sqft multi-family built in 2025. This property is currently available for sale and was listed by CRMLS on May 5, 2026. The MLS # for this home is MLS# PW26097561.

