34125 Orange Street
About This Property
-No HOA or Deed Restrictions
-Zoned 1/2 acre lots- develop this property for 4 homes!
-Very Buildable: Flat, Mostly Cleared, No Floodplain
-Beautiful Mountain Views
-Less than 10 mins from Lake
-Nice Neighborhood
Claim this southern California oasis - a 2.33-acre hidden gem in Wildomar. Given its flat, mostly cleared terrain, and no floodplain or wetlands encroachments, you're free to build virtually whatever type of home you want here, especially with no HOA or deed restrictions to interfere. It boasts 160 feet of paved frontage along Orange Street and easy access to both power and water along the road. Fire up a 4-lot subdivision, single ranch-style home estate, mobile home park, small farm, or even launch a commercial endeavor, all while enjoying attractively low taxes, peaceful neighborhood. The property's partial woodland setting lends just the right balance of natural beauty with cleared build space, and being mere minutes from Lake Elsinore's lively shopping, dining, and recreational scene-not to mention the stunning Santa Rosa Plateau-puts endless convenience and adventure at your doorstep.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 27, 2025 | Sold | ||
| Sold | |||
| May 8, 2025 | In contract | - | |
| In contract | |||
| Feb 3, 2025 | Listed by California LWF INC | $299,900 | |
| Listed by California LWF INC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017