1305 W Cherry, Orange, CA — listing photo 1
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FOR SALENew Listing

1305 W Cherry

Orange, CA 92868
4 Beds
2 Baths
1,327 Sq Ft
Built 1955
$1,085,000

Property Overview

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 long-term flexibility for investors and future homeowners alike.

Home Details

Property type
Residential - Single Family Residence
Year built
1955
Living area
1,327 sq ft
Lot size
6,000 sq ft
Parking
2 spaces
Garage
2 spaces
Stories
1
Days on market
1
Full bathrooms
2
MLS status
Active

Features & Amenities

Interior

  • All Bedrooms Down

Parking

  • Door Multi
  • Driveway
  • Garage

Pool

  • None

Lot

  • Zero To One Unit Acre

Community, Schools & Utilities

Community

Fireplace
Yes
View
None

Schools

School district
Orange Unified

Utilities

Heating
Central
Cooling
CentralAir
Water
Public
Sewer
PublicSewer
Browse more homes for sale in Orange

Location & Neighborhood

1305 W Cherry

Orange, CA 92868

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Frequently Asked Questions About 1305 W Cherry

Property type: Residential

The current asking price is $1,085,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1305 W Cherry. Our team will confirm availability and timing.
This 4 bedrooms and 2 bathrooms property offers approximately 1,327 square feet of living space. It was built in 1955. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Orange, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Orange property.
The MLS currently reports the property as Active. It has been listed for 1 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

Get More Info

Crown Coastal Support Team

Direct support from our real estate team

No obligation. Your inquiry goes directly to the Crown Coastal team.

RB

Reza Barghlameno

eXp of California

Call: +1 (858) 305-4362
Email: contact@crowncoastalhomes.com

Listing Agent

Name: Jacob Neal
MLS ID: OCNEALJAC

Available property

$1,085,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.