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2041 W Palmyra Avenue

Orange, CA 92868
  • $1,475,000
  • STATUS: CONTINGENT
  • ON SITE: 29 Days
  • ID#: NP25080484
Under Contract
UPDATED: 63 min ago
$1,475,000
  • 4
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

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 2031 W. Palmyra, totaling 6 Units. 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 2031 W. Palmyra, totaling 6 Units.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.redtreerealty.com/homes/162536397
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2041 W Palmyra Avenue Orange, CA 92868

  • Price: $1,475,000
  • Status: CONTINGENT
  • On Site: 29 Days
  • Updated: 63 min ago
  • ID#: NP25080484
4
Beds
0
Baths
0
½ Baths
0.17
Acres
Neighborhood:
Oc - Orange (92868)
County:
Orange
Area:
Oc - Orange (92868)
Property Description
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 2031 W. Palmyra, totaling 6 Units. 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 2031 W. Palmyra, totaling 6 Units.
Exterior Features

Pool N/K

Interior Features

Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 2

Property Features

Actual Cap Rate 4.6 Annual Expense Actual 24164 Buildings 1 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 15.0 Gross Scheduled Income Actual 94668 Terms CashExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 2195.0 Unit2 Rent Actual 3307.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Randall Mycorn of R L M Equities: 949-573-5309. Listing information © 2025 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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San Diego CA, 92110