402 E Glendale Drive
Orange, CA, 92865 $ 1,425,000
Baths1.1 Sq 2,162 Monthly Estimate*
$ 8,998
Listed by Coldwell Banker Realty
Studio for $1,425,000 with 1 full bath, 1 half bath. This 2,162 square foot home was built in 1972 on a lot size of 0.21.
Investor Opportunity! Immediate cash flow with two quality tenants already in place. Unit 402 is leased at $3,500/month and Unit 404 is leased at $3,850/month, generating $7,350/month ($88,200 annually) in gross rental income. Both tenants are on one-year lease agreements and have expressed interest in remaining long-term, providing a stable, turnkey investment from day one. 402 & 404 E Glendale Drive presents an exceptional opportunity to acquire a beautifully renovated duplex in one of North Orange's most desirable and rarely available neighborhoods. Located along the highly sought-after Glendale Drive duplex row, this single-story property features two spacious 3-bedroom, 2-bathroom units with mirror-image floor plans. Each residence offers a private entrance, attached garage, enclosed side patio, rear patio, brand new laundry units, and a comfortable, functional layout that appeals to long-term tenants. Both units have been extensively renovated with quality upgrades designed to minimize future maintenance and maximize rental appeal. Improvements include luxury vinyl plank flooring, remodeled kitchens and bathrooms with modern granite countertops and updated cabinetry, brand-new ranges and vent hoods, electric fireplaces, LED recessed lighting throughout, brand-new central heating and air conditioning systems, upgraded electrical panels, new water heaters, a brand-new roof and gutters, new garage doors with automatic openers, and numerous additional improvements. Whether you're looking to expand your real estate portfolio with a turnkey, income-generating asset or secure a long-term investment in a strong rental market, this property checks every box. With two tenants already in place, extensive recent renovations, and a highly desirable location surrounded primarily by single-family homes, this is a rare opportunity to acquire a low-maintenance duplex with immediate cash flow and excellent long-term appreciation potential. Investment opportunities like this rarely become available, don't miss your chance to own one of Glendale Drive's premier duplex properties.
See more
FeaturesGeneralSewer PublicSewer
Cooling CentralAir
Appliances Dryer Washer
HOA Fee 0
Garage Spaces 3
Pool Features None
Year Built 1972
Tenant Pays Electricity ExteriorMaintenance Gas GroundsCare Repairs Sewer TrashCollection Water
Stories Count 1
Levels One
Property Subtype Duplex
Gross Income 88200
Community Features Suburban Sidewalks
County Orange
Net Operating Income 88700
Operating Expense 600
Insurance Expense 1440
New Construction false
Property Type ResidentialIncome
HOA false
Contingency None
Subdivision Name Other
Garage Y/N true
Special Listing Conditions Standard
Status Pending
Directions Cross streets: Glendale and N Shaffer St
City Orange
Entry Location Front Door
Senior Community Y/N false
Number Of Units Total 2
MLS Area 72 - Orange & Garden Grove E of Harbor N of 22 F
Lot Size Units SquareFeet
Lot Size Square Feet 9148
Listing Terms Submit
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units SquareFeet
Standard Status Pending
Year Built Source Assessor
Tax Lot 5
Property Sub Type Additional Duplex
See more
InteriorFireplace Features Electric
Total Stories 1
Common Walls OneCommonWall
Air Conditioning Y/N true
Fireplace Y/N true
Laundry Features InGarage
Entry Level 1
See more
ExteriorParking Features Driveway Garage OnStreet
Lot Features TwoToFiveUnitsAcre
Water Source Public
Total Parking 3
Lot Size Area 9148
Number of Buildings 1
Building Area Total 2162
Lot Size Acres 0.21
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 1
See more
* Excluded FeaturesList ByColdwell Banker RealtyBroker
kimia@kimiavakili.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,998
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Orange, CA
Average List Price $1,492,593
Percent of Sale Price 5%
About Orange, CA 138,709 Population
6% Since 2002
$ 80,921 Median Income
37.02 Median Age
32% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/10/2026 | $1,425,000 | | Listed Price |