1305 W Cherry
Orange, CA 92868
Listing agent / office Jacob Neal, BHHS Drysdale Properties (209-642-2292).
For more information on this listing, contact us at: (714) 225-5520
Active
$1,085,000
1305 W Cherry Orange, CA 92868
Single Family Residence
Property Type
4
Beds
2
Baths
1,327
Sq. Ft.
1955
Year Built
Orange
County
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 #
OC26220349
Monthly HOA
N/A
On Site
2 Days
Last Updated
10/9/2026
Contact Agent
Rick Clark
(714) 225-5520Property Details
Community Information
Address
1305 W Cherry, Orange, CA 92868
Area
Old Towne Orange
County
Orange
City
Orange
School System
Orange Unified
Zip Code
92868
Architecture
Bedrooms
4
Bathrooms
2
Year Built
1955
Stories
1
Style
House
Total Units
1
Stories Total
1
Garage Spaces
2.0
Features / Amenities
Interior Features
All Bedrooms Down
Fireplace Features
Living Room
Laundry
In Garage
Room Type
Bedroom
Entry Level
1
Entry Location
1
Common Walls
No Common Walls
Parking Features
Door-Multi, Driveway, Garage
Parking Total
2.0
Cooling
Central Air
Heating
Central
Property Features
Lot Size
6,000 Sq. Ft. / 0.14 Acres
Lot Features
0-1 Unit/Acre
Sewer
Public Sewer
Water
Public
Directions
From the 57 Freeway, exit Orangewood Avenue and head east. Turn right onto Main Street, then left onto W Cherry Drive. The property will be on your left
Tax and Financial Info
Terms
Cash, Conventional, 1031 Exchange, Submit
Land Lease
No
Rooms
| Features | |
| Bedroom | All Bedrooms Down |
Mortgage Calculator
Your monthly payment will be
$0,000
Loan and interest only.
Purchase price
Down payment
Schools
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Based on information from California Regional Multiple Listing Service, Inc. as of October 10, 2026. 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. IDX provided by Sierra Interactive.The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
