714-914-4996

1305 W Cherry ,
Orange, CA 92868

$1,085,000

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.

Basic Information

MLS #:
OC26220349

Price:
$1,085,000

Price
(per sq ft):
$817.00

Address:
1305 W Cherry ,
Orange, CA 92868

MLS Area:
OTO - Old Towne Orange

Subdivision:

Property
Type:
Single Family Residence

Days on Market:
5

Status:
Active

Bedrooms:
4

Bathrooms:
2

Full Baths:
2

Size (sq ft):
1,327 sq ft

Lot Size:
6,000 sq ft

Listing Agent:
BHHS Drysdale Properties , Jacob Neal , 02097852

Year Built:
1955

Sale Type:
Standard

Rooms in Home

Rooms:
All Bedrooms Down

Eating Area:

Laundry:
In Garage

Entry Location:
1

Interior Features

Fireplace:
Living Room

Cooling:
Central Air

Heating:
Central

Floor:

Appliances:

Interior Features:

Security:

Accessibility:

Garage and Parking

Garage:
Attached

Garage:
2 Spaces

Carport:
0 Spaces

Parking:
Driveway, Garage - Two Door

Home Owners Association

HOA Dues 1:
$0.00 /

HOA Dues 2:
$

HOA Amenities: 

Utilities

Water:
Public

Utilities:

School Information

District:
Orange Unified

Elementary:

Middle:

High:

Exterior Features

Pool:
None

Spa:

Patio:

View:
None

Construction:

Foundation:

Roof:

Windows:

Common Walls:
No Common Walls

Levels:
One

Lot Features:
0-1 Unit/Acre

Additional Information

County:
Orange

Senior Community:
No

Community Features:
Sidewalks

Other Structures:

Structure Condition:

Direction Faces:

Last
Updated:
10/14/2026 5:55 PM

1305 W Cherry ,
Orange, CA 92868