SoCal Realty & InvestmentsSoCal Realty & InvestmentsCall (760) 801-6550
← All homes
312 E Meats Ave1 / 11 · Click to zoom

About this home

Investment Opportunity in the Heart of Orange. A rare value-add opportunity for investors: this triplex is priced to reflect two known capital items: a repipe and a new roof over the garage only (with estimates available). Complete the work and step into equity upside. Additional equity opportunity with further renovations. The property is comprised of one 3-bedroom, 2-bath unit and two 2-bedroom, 1-bath units, occupied by long-term tenants in a highly desirable rental pocket. Parking onsite including three garage spaces (2-car and a 1-car), plus an on-site laundry room offering additional income potential. Location is unbeatable: just down the street from Chapman University, the Orange Circle, and all the offerings of Old Town Orange--shops, dining, and services. Got a train to catch? Orange Transportation Center (OTO) is located just 2.7 miles away and the Anaheim Canyon Station is only 3.3 miles out plus easy access to local freeways. This is a well-located, income-producing asset with a clear path to added value.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
📋 Assessed value$304,676
💵 Annual tax$4,065
🏫 School districtOrange Unified School District

MLS #PW26145340

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

Estimate your monthly payment. Adjust the numbers to fit your budget.

Down payment %
Interest rate %
Loan term (yrs)
Property tax %/yr
Home insurance %/yr
Estimated total monthly payment
$7,361
Principal & interest$5,941
Property tax$1,077
Home insurance$343
Down payment: $235,000Loan: $940,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.