130 N Lester DR Orange, CA 92868
4,656 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID NP25142871
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1947
Lot Size 4,656 Sqft
Property Sub-Type Duplex
Property Description
Incredible investment opportunity on one of the most charming streets in the City of Orange! This centrally located, fully leased income property features two detached homes on one lot, generating $7,000/month in rental income.
The front house, originally built in 1947 and thoughtfully remodeled, is approximately 1,277 sq ft and currently leased furnished for $4,200/month. This stylish 2-bedroom, 1-bath home includes a sunroom that has been converted into a third bedroom (unpermitted). Inside, you'll find large windows, an open-concept living and dining space, and a farmhouse kitchen with stainless steel appliances, a farmhouse sink, and French doors. The home is equipped with central heating and AC, and the private covered patio includes a TV, ceiling fan, and seating area—perfect for relaxing or entertaining.
The back house is a separate 2-bedroom, 1-bath unit measuring approximately 640 sq ft, currently leased furnished for $2,800/month. It features skylights, concrete floors, copper plumbing, vaulted ceilings with ceiling fans, wall-mounted AC, and stainless steel appliances. Full of character and natural light, this space is equally appealing to tenants.
Whether you're an investor seeking strong cash flow or a buyer looking for a flexible multi-generational living setup, 130 N Lester Dr is a must-see!
Location
State CA
County Orange
Area 72 - Orange & Garden Grove, E Of Harbor, N Of 22 F
Interior
Interior Features Ceiling Fan(s), Furnished, Open Floorplan, Storage, All Bedrooms Down, Bedroom on Main Level
Heating Central
Cooling Central Air, Wall/Window Unit(s)
Flooring Concrete, Wood
Fireplaces Type None
Inclusions appliances
Fireplace No
Appliance Gas Cooktop, Gas Oven, Microwave, Refrigerator, Dryer, Washer
Exterior
Exterior Feature Awning(s), Rain Gutters
Fence Wood
Pool None
Community Features Park, Street Lights, Sidewalks
Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
View Y/N Yes
View Neighborhood
Accessibility No Stairs
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Foundation Raised, Slab
Sewer Public Sewer
Water Public
Architectural Style Cottage, Traditional
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 03904213
Energy Description 580.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Lease Land No
