Active Under Contract

402 E Glendale Drive

Orange, CA 92865

$1,425,000 $6,007/Mo

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Overview

Bed

Bath

2,162

Sqft

9,148

Sqft(Lot)

Description

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.

Property Details

Property Type : Residential

Price : $1,425,000

AD Id : 88366283

MLS Id : OC26145628

Beds : 6

Lot Size : 9,148 Sqft

Living Area Size : 2,162

Year Built : 1972

Garage : 3

County : Orange

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 6

Bathroom Information

Total Baths: 4 Full Baths: 4
Interior Features

BreakfastArea, Furnished, OpenFloorplan, BedroomOnMainLevel, MainLevelPrimary, PrimarySuite

Appliances: Dryer, Washer

Laundry Features: InGarage
Heating & Cooling

Has Cooling: Yes Cooling: CentralAir

Building Information

Year Built: 1972

Stories: 1

Pool Features: None

Private Pool: No

View: Neighborhood

Lot Information

Main Square Feet: 9148 Lot Size Acres: 0.21 Lot Size Source: Assessor Lot Size Square Feet: 9,148 Lot Description: TwoToFiveUnitsAcre

Property Information

Subdivision: Other Source Property Type: Residential Property SubType: Duplex Levels: One Property Age: 54

Listing Price Information

Listing Price: $1425000

Cash, CashToNewLoan, Conventional, Contract, Exchange1031, Submit

Tax Information

Parcel Number: 37442229 Tax Lot: 5

Virtual Tour

Virtual Tour (External Link)

Parking Information

Parking Total: 3 Driveway, GarageFacesFront, Garage, OnStreet

Garage Information

Has Garage: Yes Garage Space: 3

Location Information

Direction: 91 East, Exit Glassell St, Right on Glassell St, Left on Meats Ave, Right on Shaffer St, Right on Glendale Dr WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1918 E Del Mar, Orange, CA, 92865	$1,695,000	7	6	4,302	4,302 SqFt
1404 E Sail Avenue, Orange, CA, 92865	$1,200,000	5	5	2,542	2,542 SqFt
2695 N Canal Street, Orange, CA, 92865	$1,200,000	5	5	2,520	2,520 SqFt
2659 N Canal Street, Orange, CA, 92865	$1,200,000	5	5	2,540	2,540 SqFt
312 E Meats, Orange, CA, 92865	$1,175,000	7	4	2,744	2,744 SqFt
402 E Glendale Drive, Orange, CA, 92865	$1,425,000	6	4	--

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ByOwner last updated this listing 07/25/2026 @ 11:46

MLS: OC26145628 LISTED BY: Kimia Vakili, Coldwell Banker Realty 949-644-1600 SOURCE: CRMLS