Orange, CA 92866 937 E Palmyra Avenue
$1,440,000
5 more
Presented By: Daniel Blackwell with CB Richard Ellis, Inc.;
Beds • 4
Baths • 1
SQFT • 1,903
Garage • 4
Home Details
Three units include a detached 2BD/1BA single-family home, a 2BD/1BA, and a non-conforming studio in a well-located Orange neighborhood minutes from Old Town and the CA-55/CA-22 interchange. In-unit laundry and central A/C in the single-family home. Lease up at market rates and the numbers move immediately. Current in-place rents approximately 33% below market, offering significant upside potential upon lease-up.
Presented By: Daniel Blackwell with CB Richard Ellis, Inc.;
Interior Features for 937 E Palmyra Avenue
Bedrooms
Total Bedrooms4
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths3
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
Heating Y/NNo
Total Stories2
General for 937 E Palmyra Avenue
CityOrange
CoolingNone
CountyOrange
DirectionsFrom CA-55 N, Take exit 14B for Chapman Ave W toward Orange, Use the left lane to turn right onto E Chapman Ave, Use the 2nd from the left lane to turn left onto S Tustin St, Turn right onto E Palmyra Ave, Turn right onto S Waverly St, Property will be on the left
Full Baths
Garage Spaces4
Garage Y/NYes
Gross Income68400
HOANo
HeatingNone
LevelsTwo
Living Area1903
Lot Size Square Feet8020
Lot Size UnitsSquare Feet
MLS AreaOTO - Old Towne Orange
Net Operating Income41707
New ConstructionNo
Number Of Units Total3
PostalCityORANGE
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Year Built1946
Year Built SourceAssessor
Exterior for 937 E Palmyra Avenue
Building Area Total1903
Lot Dimensions50x165
Lot Size Acres0.1841
Lot Size Area8020
Lot Size SourceAssessor
Number of Buildings2
Parking FeaturesGarage
Total Parking4
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Josh Russell
Realtor®