705 E Walnut Avenue Orange, CA $ 1,300,000
705 E Walnut Avenue
$ 1,300,000
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705 E Walnut Avenue

Orange, CA, 92867
$ 1,300,000
Bedrooms4 Baths2.0 Sq 1,888

Monthly Estimate*

$ 8,640

Listed by Camelot West Residential
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Multi-Family Home for sale in Orange, CA

for $1,300,000 with 4 bedrooms and 2 full baths. This 1,888 square foot home was built in 1927 on a lot size of 0.14.

Welcome to 705 E. Walnut Avenue, a Single Level Duplex Located Just Blocks from Chapman University and Old Town Orange. Each Unit is Two Bedroom/One Bathroom and approximately 944 Square Feet. Conveniently Located Indoor Laundry for Each Unit. Each Unit Has a Large Yard Showcasing Water Saving Landscaping and Automatic Sprinkler System. One Detached Three Car Garage Along With Three Additional Driveway Parking Spaces. Each Unit Has Separate Electric Meters. This is the Perfect Investment Property Given the Proximity to Chapman University, Old Town Orange, Orange Train Station, and Freeway Access. Do Not Miss Out on 705 E. Walnut Avenue! The Home Is Drive By Only For The Time Being.

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Multi-Family Active

Price

$ 1,300,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Lot Size

0.14

Year Built

1927

Town/City

Orange

County/Region

Orange

MLS | Web ID

PW24069273

Days on Market

41

Features
General
Interior Features BeamedCeilings AllBedroomsDown BedroomonMainLevel
Sewer PublicSewer
Heating Central
Cooling CentralAir
Possession CloseOfEscrow
HOA 0.0
Garage Spaces 2.0
Pool Features None
Year Built 1927
Tenant Pays Electricity Gas
Stories 1
Levels One
Property SubType Duplex
Gross Income 64800.0
Community Features Curbs Sidewalks
County Orange
Net Operating Income 42742.0
Operating Expense 17429.0
Insurance Expense 1319.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Contingency Any numerical statements regarding square footage room dimensions and/or lot size are approximations only and have not been verified by Seller or Broker. Buyer is advised to investigate the condition
Garage Y/N Y
Special Listing Conditions Standard
Status ActiveUnderContract
Directions Cross Streets: N Cambridge St and E Walnut Ave
City Orange
Entry Location 1
View Y/N N
Senior Community Y/N N
Open Parking Spaces 3.0
Total Units 2
MLS Area OTO - Old Towne Orange
Lot Size Square Feet 6098.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 2
Street Name Walnut
Listing Terms Cash CashtoNewLoan
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Fuel Expense 0.0
Trash Expense 420.0
Water Sewer Expense 870.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 33
Building Area Units SquareFeet
Standard Status ActiveUnderContract
Year Built Source Estimated
Tax Lot 1
Total Actual Rent 64800.0
Property Sub Type Additional Duplex
Taxes 13500.0
Cap Rate 3.3
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Exterior
Lot Features BackYard Lawn Landscaped
Water Source Public
Total Parking 5.0
Lot Size Area 6098.0
Number of Buildings 1
Spa N
Building Area Total 1888.0
Lot Size Acres 0.14
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 2
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Fireplace Features None
Total Stories 1
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Laundry Features Inside InKitchen
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 705
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* Excluded Features
List By
Camelot West Residential

Broker

(714) 731-7000

Phone

Affordability Calculator

$8,640
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,640
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/12/2024$1,300,000 Listed Price

Map


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705 E Walnut Avenue, Orange, CA, 92867 is a Multi-Family Home for sale at $1,300,000 with 1,888 sqft and a lot size of 0.14. 705 E Walnut Avenue has 4 bedrooms, 2.0 baths, and was built in 1927. The property's zip code is 92867 which is in Orange, CA