130 -132 S Lime Street, Orange, CA 92868

$1,700,000

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Sold Price
$1,700,000
List Price
$1,699,900
Closing Date
Jun 01, 2026
Status
CLOSED
MLS#
OC26064651
Year Built
2021
Lot Size
6,360
Acres
0.15
Lot Location
Back Yard, Drip Irrigation/Bubblers, Front Yard, Garden, Lawn, Landscaped, Sprinklers Timer, Sprinkler System, Yard
Days on Market
49
Property Type
Multifamily
Style
Ranch
Property Sub Type
Duplex
Stories
One Level
Neighborhood
Other

Property Description

Experience the quintessential Old Towne Orange lifestyle with this rare two-on-a-lot gem, radiating authentic mid-century charm and incredible curb appeal!  The front home (3BR/2BA, 1,133 sq.ft., 2 car detached garage) shines with refinished original oak hardwood floors, a remodeled kitchen featuring newer cabinetry and quartz countertops with a full-height quartz backsplash. Additionally, the two tastefully updated bathrooms include designer fixtures, gorgeous tiled showers and dual sinks in the hallway bath. Modern comforts abound, including updated dual-pane windows, ceiling fans in all bedrooms, and elegant window coverings. Outside, enjoy a classic front porch, gated grassy front yard with garden beds, plus a rear deck perfect for entertaining. The second residence (3BR/1BA, 972 sq.ft.), recently constructed in 2021, offers a large open floor plan with resilient hard-surface flooring, a private side entrance and oversized patio. Both homes feature bright, open floor plans ideal for gatherings and are move-in ready with central A/C, recessed LED lighting, stainless steel appliances and individual laundry areas (all washers, dryers, and refrigerators included). With a location that earns an unbeatable Walk Score, just a short stroll to Chapman University, the Orange Circle, and the eclectic dining, coffee, and boutique shopping of Old Towne, this turn-key property is a high-demand rental or a perfect multi-generational setup, offering an unparalleled opportunity to live in one and rent the other or collect up to $9,000 in monthly rent. At the current list price of $1,699,900, this equates to approximately a 15.74X GRM and an estimated 4.78% CAP Rate.

Additional Information

Appliances
Dishwasher, Free-Standing Range, Disposal, Gas Range, Microwave, Refrigerator, Dryer, Washer
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
None
Exterior Construction
Stucco
Roof
Composition
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Interior Features
Built-in Features, Cathedral Ceiling(s), Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Primary Suite
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$108,000
Operating Expense
26668

Listing courtesy of Listing Agent: John Babai (John@ArcRealtyCA.com) from Listing Office: Arc Realty.

Listing sold by Tasha Mazakas from Active Brokerage, Inc

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.