340 N Cleveland Street, Orange, CA 92866
- $1,280,000
- Sold Price
- $1,280,000
- List Price
- $1,280,000
- Closing Date
- Jan 26, 2024
- Status
- CLOSED
- MLS#
- PW24006127
- Year Built
- 1968
- Lot Size
- 6,534
- Acres
- 0.15
- Lot Location
- Back Yard, Front Yard, Garden, Lawn, Yard
- Days on Market
- 4
- Property Type
- Multifamily
- Property Sub Type
- Duplex
- Stories
- Two Levels
Property Description
Situated within a short stroll of Chapman University, the iconic Orange Circle, and the charming Orange Library, this opportunity to own a wonderful duplex in Old Town Orange with possibilities of adding additional units. Zoned R-1-6 and city states at least 2 additional units could be added with city approvals. These Units have been remodeled in the last few years with all new kitchens, bathrooms, cabinetry, all interior doors, paint, flooring and lighting.Floor plans feel larger than the square footage. There is also a 3 car garage and 3 car driveway(with expansion possible).There is a nice inviting walkway that leads to a side courtyard that directs you to both units. Further you will find a large private backyard that has so many possibilities! 1 unit has been used as an Air BnB and has brought in $65k in 2022 and $67k in 2023.
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Additional Information
- Appliances
- Dishwasher, ENERGY STAR Qualified Appliances, Exhaust Fan, Free-Standing Range, Disposal, Gas Range, Microwave, Self Cleaning Oven
- Pool Description
- None
- Heat
- Central, Natural Gas
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- Mountain(s)
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Ceiling Fan(s), Granite Counters, Recessed Lighting, Storage, All Bedrooms Down
- Attached Structure
- Attached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $6,000
- Operating Expense
- 250
Listing courtesy of Listing Agent: Anthony Leocadio (Tony@AgentX2.com) from Listing Office: Reliance Real Estate Services.
Listing sold by Alison Lane from Seven Gables Real Estate
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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.