Listing Courtesy of:
Coldwell Banker Realty
Agency Phone: 949-644-1600
Associate Name: Kimia Vakili
Listing Shown by:
Farrell Smyth, Inc.
Associate Name: Mia Olivas
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.
Listed By
Agency Name: Coldwell Banker Realty
Agent Name: Kimia Vakili
Agency Phone: 949-644-1600
Shown By
Agent Name: Mia Olivas
Agent Phone: (805) 543-2636
Agency Title: Farrell Smyth, Inc.
Estimated Payment
$ 3,587.06 per month $3,171.43 Principal & Interest $0.00 Property Tax (data not provided by mls) $415.63 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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402 E Glendale Drive | MLS# OC26145628
This multi-family property located at 402 E Glendale Drive, Orange, CA 92865 is currently listed for sale with an asking price of $1,425,000. E Glendale Drive is located within the Orange Unified school district. Search Orange real estate on tamsinenos.farrellsmyth.com today.