1305 W Cherry, Orange, CA 92868

Orange
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1305 W Cherry,Orange, CA 92868
$1,085,000
  • 4 Beds
  • 2 Baths
  • 1,327 sq. ft.
  • Single family
  • Active
Listed by: jacob neal
Office: bhhs drysdale properties
MLS#:OC26220349
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,085,000
  • Price per sq. ft.:$817.63

About this home

Excellent opportunity to own an income-producing property in the desirable City of Orange! Currently leased for $6,220 per month, the property generates $74,640 in annual gross rental income, with the existing lease running through May 31, 2027. The tenant pays all utilities, while the owner covers landscaping service, helping keep operating expenses low. Investors can benefit from immediate rental income with an established tenant in place, while future homeowners have the opportunity to collect rent now and potentially move in after the lease expires, subject to applicable tenancy requirements. The existing lease also allows the owner to construct an Accessory Dwelling Unit (ADU) within the garage during the lease term, subject to city permits and approvals, offering the potential for additional rental income or future personal use. Conveniently located near Chapman University, Old Towne Orange, shopping, dining, and major freeways, this property offers strong rental appeal and...

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Home facts

  • Year built:1955
  • Listing ID #:OC26220349
  • Added:3 day(s) ago
  • Updated:October 13, 2026 at 02:40 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,327 sq. ft.

Heating and cooling

  • Cooling:Central Forced Air
  • Heating:Forced Air Unit

Structure and exterior

  • Year built:1955
  • Building area:1,327 sq. ft.
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,085,000
  • Price per sq. ft.:$817.63

Parking

  • Total parking spaces:2
  • Parking description:Garage - Two Door
  • Garage spaces:2
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