716 N Mallard Street, Orange, California 92867, Orange, - bed, bath

home-pic
ACTIVE$1,780,000
716 N Mallard Street, Orange, California 92867
0Bed
0Bath
3,187Sqft
8,276Lot
Year Built
1963
Close
-
List price
$1.78M
Original List price
$1.78M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
TR25206919
Home ConditionExcellent
Features
View-

About this home

This beautiful triplex is ideally situated on a quiet cul-de-sac in the desirable City of Orange. Two of the units have been recently renovated, featuring modern kitchens, updated bedrooms located on the second floor, and stylishly upgraded bathrooms with a contemporary aesthetic. All three units are currently occupied by tenants, making this an excellent investment opportunity in a prime location.

Price History

Date
Event
Price
09/09/25
Listing
$1,780,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (1 Listings)
Beds00
Baths00
Square foot3,1873,881
50%
Lot Size8,2767,985
50%
Price$1.78M$1.54M
50%
Price per square foot$559$421.5
50%
Built year19639815982
50%
HOA
Days on market5749
50%
Condition Rating
Excellent

Despite being built in 1963, the property description explicitly states that 'Two of the units have been recently renovated, featuring modern kitchens, updated bedrooms... and stylishly upgraded bathrooms with a contemporary aesthetic.' The images strongly support this, showcasing a virtually new kitchen with modern white shaker cabinets, quartz countertops, a sleek black sink and faucet, and a contemporary black range hood. New light wood flooring is visible throughout the main living areas. The overall aesthetic is fresh, clean, and meets current quality standards, indicating an extensive renovation within the last 5 years. While one unit's condition is not explicitly detailed or pictured, the significant renovation of two units elevates the overall property condition to excellent.
Pros & Cons

Pros

Strong Investment Potential: This triplex is an excellent investment opportunity, with all three units currently occupied by tenants, ensuring immediate rental income and cash flow.
Desirable Location: Ideally situated on a quiet cul-de-sac in the highly sought-after City of Orange, offering a prime and attractive residential setting.
Recent Unit Renovations: Two of the three units have been recently renovated, featuring modern kitchens, updated bedrooms, and stylishly upgraded bathrooms with a contemporary aesthetic.
Multi-Unit Income Stream: As a triplex, the property provides diversified income streams, reducing risk and potentially offering a higher overall rental yield compared to single-unit properties.
Immediate Occupancy: All three units are currently occupied, eliminating vacancy risk and providing immediate rental income for the new owner upon acquisition.

Cons

Property Age: Built in 1963, the property is over 60 years old, which may imply older foundational systems (e.g., plumbing, electrical, roof) that could require significant maintenance or replacement in the near future.
Partial Renovation: Only two of the three units have been renovated, suggesting the third unit may be outdated and could require additional investment to bring it to the same modern standard as the others, potentially impacting its rental value.
Data Inconsistency: The 'on_market_date' and 'modified_timestamp' are listed in the future (2025), which is an unusual data point for an active listing and may indicate a data entry error or a pre-listing status.

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