$1,280,000
$1,280,000
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340 N Cleveland ST Orange, CA 92866
6,534 Sqft Lot
Key Details
Sold Price $1,280,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24006127
Sold Date 01/26/24
Construction Status Repairs Cosmetic,Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1968
Lot Size 6,534 Sqft
Property Description
Situated within a short stroll of Chapman University, the iconic Orange Circle, and the charming Orange Library,
this opportunity to own a wonderful duplex in Old Town Orange with possibilities of adding additional units. Zoned R-1-6 and city states at least 2 additional units could be added with city approvals. These Units have been remodeled in the last few years with all new kitchens, bathrooms, cabinetry, all interior doors, paint, flooring and lighting.Floor plans feel larger than the square footage. There is also a 3 car garage and 3 car driveway(with expansion possible).There is a nice inviting walkway that leads to a side courtyard that directs you to both units. Further you will find a large private backyard that has so many possibilities!
1 unit has been used as an Air BnB and has brought in $65k in 2022 and $67k in 2023.
Location
State CA
County Orange
Area Oto - Old Towne Orange
Interior
Interior Features Ceiling Fan(s), Granite Counters, Recessed Lighting, Storage, All Bedrooms Down
Heating Central, Natural Gas
Cooling Wall/Window Unit(s)
Flooring Carpet, Tile
Fireplaces Type None
Fireplace No
Appliance Dishwasher, ENERGY STAR Qualified Appliances, Exhaust Fan, Free-Standing Range, Disposal, Gas Range, Microwave, Self Cleaning Oven
Laundry Common Area, In Garage
Exterior
Exterior Feature Awning(s), Rain Gutters
Garage Concrete, Door-Multi, Driveway, Garage Faces Front, Garage
Garage Spaces 3.0
Garage Description 3.0
Fence Block, Wood
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks
View Y/N Yes
View Mountain(s)
Total Parking Spaces 6
Private Pool No
Building
Lot Description Back Yard, Front Yard, Garden, Lawn, Yard
Story 1
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Repairs Cosmetic,Updated/Remodeled,Turnkey
Others
Senior Community No
Tax ID 38613116
Acceptable Financing Cash, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, VA Loan
Listing Terms Cash, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, VA Loan
Financing Cash
Special Listing Condition Standard
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Bought with Alison Lane • Seven Gables Real Estate