USACAOrange1305 W Cherry Dr
Listing image | Image 1

1305 W Cherry Dr, Orange, CA

House

For Sale

Listed price in listed location currency (USD).
$1,085,000

422

MLS® OC26220349

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1327 sqft
Garage Yes
Taxes 
Days Active 3
Lot Size 0.1377 Acres
Approx. Age 1955
Avg. Price Per Sqft $817
MLS® Number OC26220349

Property Address: 1305 W Cherry Dr, Orange, CA, 92868-2115

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberOC26220349
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1955
Basement
DrivewayDoor Multi, Driveway, Garage
Garage Spaces
HeatCentral
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 9, 2026List Date
$1,085,000List Price

Home Appraisal

This property is estimated to sell between: $951,000 and $1,152,000.
Similar properties in this area sold on average for: $951,062
Expected to sell in 32 days. Similar properties sold in 35 days. This home has been on eXp Realty for 3 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Commute

Starting Address
Destination Address
1305 W Cherry Dr, Orange, CA

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