Old Towne Orange (OTO) Homes with Quadruplex Subtype

Welcome to Old Towne Orange (OTO), a charming and historic district nestled in the heart of Orange, California. Renowned for its vibrant atmosphere and rich heritage, OTO is a delightful blend of quaint shops, delightful eateries, and beautifully preserved architecture. Strolling through the tree-lined streets, you'll discover a unique tapestry of history, with buildings dating back to the 1800s, which now house trendy boutiques, art galleries, and cozy cafes. The iconic Orange Plaza, with its iconic orange-shaped fountain, serves as the social hub, hosting farmers' markets, seasonal events, and community gatherings that bring residents together.

For those considering a home in this enchanting area, the quadruplex subtype offers a unique opportunity. Quadruplex homes are multi-family residences that provide four separate living units, making them ideal for investors or those looking to offset their mortgage with rental income. These properties are particularly appealing in OTO, where demand for rental units is high due to the area's charm and proximity to amenities. Living in a quadruplex allows residents to enjoy the vibrant community while benefiting from the financial advantages of multi-family housing.

Imagine the possibilities: you could reside in one unit while renting out the others, or create a close-knit living environment for family and friends. With the historic charm of Old Towne Orange as your backdrop, quadruplex homes offer a unique blend of investment potential and community living. Dive into the Old Towne Orange lifestyle and explore the multifaceted opportunities that await in this captivating neighborhood!

Newest Old Towne Orange (OTO) Homes with Quadruplex Subtype

$3,450,000

OC26141584 MLS ⋅ Active Status

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.

337 343 N Magnolia Street, Orange

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