402 E Glendale Dr , Orange, CA 92865
$1,425,000
Est. Payment: $7,195.83/mo
6 Bed
4 Bath
2162 Sqft
Status: pending | Days on site: 13
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.

Highlights

Listed by Kimia Vakili , 949-812-8913 Coldwell Banker Realty , 949-644-1600. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential

Lot/Acreage
0.21

Year Built

1972

County

Orange

Area

72 - Orange & Garden Grove, E of Harbor, N of 22 F

Neighborhood

Other

School District

Orange Unified

Listing ID

OC26145628

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:4
  • Full Bathrooms:4
Appliances:Dryer, Washer
Air Cond:Central Air
Fireplaces:Electric
Other:Breakfast Area,Furnished,Open Floorplan,Bedroom on Main Level,Main Level Primary,Primary Suite
Other:Public

Exterior Features

Lot:2-5 Units/Acre,No Land Lease
Garage Capacity:3
Others:Updated/Remodeled,Turnkey,2+ Total Units
Sewer:Public Sewer
Parking Features:Driveway,Garage Faces Front,Garage,On Street
Principal Interest
$7,196
Taxes
$908

Home Price

$1,425,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$285,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,195.83

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,195.83 $908.44 $0.00 $8,104.27
Yearly $86,349.98 $10,901.25 $0.00 $97,251.23
Total $2,590,499.47 $327,037.50 $0.00 $2,917,536.97

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Orange, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-10T22:37:46.000Z

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