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Alexia Pedace
alexia@realtoralexiapedace.com$ 1,350,000
Est. payment /mo
Active
130 N Lester Drive Orange, CA 92868
5 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID NP25142871
Bedrooms 5
Property Sub-Type Res Income 2-4 Units
Property Description
Two Homes on One Lot in the Heart of Orange! Incredible investment opportunity on one of the most charming streets in the City of Orange! This centrally located, fully leased income property features two detached homes on one lot, generating $7,000/month in rental income. The front house, originally built in 1947 and thoughtfully remodeled, is approximately 1,277 sq ft and currently leased furnished for $4,200/month. This stylish 2-bedroom, 1-bath home includes a sunroom that has been converted into a third bedroom . Inside, you'll find large windows, an open-concept living and dining space, and a farmhouse kitchen with stainless steel appliances, a farmhouse sink, and French doors. The home is equipped with central heating and AC, and the private covered patio includes a TV, ceiling fan, and seating areaperfect for relaxing or entertaining. The back house is a separate 2-bedroom, 1-bath unit measuring approximately 640 sq ft, currently leased furnished for $2,800/month. It features skylights, concrete floors, copper plumbing, vaulted ceilings with ceiling fans, wall-mounted AC, and stainless steel appliances. Full of character and natural light, this space is equally appealing to tenants. Whether you're an investor seeking strong cash flow or a buyer looking for a flexible multi-generational living setup, 130 N Lester Dr is a must-see!
Location
State CA
County Orange
Zoning Public Rec
Direction nearest cross streets are Chapman and Main st
Interior
Cooling Central Forced Air, Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 03904213
Listed by Deborah Sado Compass
Alexia Pedace
REALTOR | License ID: 02253283