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Sold for $1,455,000 on 05/09/25
  • Listing Provided by: 

    Randall Mycorn DRE #02078223 949-573-5309,

    R L M Equities

    $1,455,000

    2031 W Palmyra Ave, Orange, CA 92868

    --beds
    --baths
    2,564sqft
    Triplex
    Built in 1964
    -- sqft lot
    $1,451,300 Zestimate®
    $567/sqft
    $4,622 Estimated rent

    What's special

    Presenting West Palmyra Apartments: a prime investment property in a high-demand Orange County rental market. Located within a desirable, low-density suburb of the City of Orange, this asset benefits from exceptional freeway access (5, 22, 57). The property features a well-balanced unit mix of highly rentable one-bedroom townhome-style units and a large three-bedroom single-story residence. All units are currently occupied at excellent rental rates, underscoring strong tenant demand. Key features include in-unit washer/dryer hookups and private enclosed patios, ensuring tenant satisfaction and retention. The inclusion of 3 garage and 2 open parking spaces further enhances the property's appeal. This is an opportunity to acquire a well-maintained, income-producing property in a blue-chip location! This property can be sold separately or in addition to 2041 W. Palmyra, totaling 6 Units.

    Zillow last checked: 7 hours ago

    Listing updated: May 09, 2025 at 05:27pm

    Listing Provided by:

    Randall Mycorn DRE #02078223 949-573-5309,

    R L M Equities

    Bought with:

    Ying Chou, DRE #01949599

    K.W. EXECUTIVE

    Source: CRMLS,MLS#: NP25080247MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Appliances
    • Laundry: Common Area, Washer Hookup, Gas Dryer Hookup
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 2,564
    • Total interior livable area: 2,564 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage
    • Garage spaces: 3
    • Uncovered spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 7,405 sqft
    • Features: 6-10 Units/Acre
    Details
    • Parcel number: 39022231
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1964

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Suburban
    Location
    • Region: Orange

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,1031 Exchange
    Services availability