130 N Lester Dr Orange, CA 92868
Estimated payment $8,255/month
Total Views
5,921
5
Beds
2
Baths
1,917
Sq Ft
$704
Price per Sq Ft
Highlights
- Open Floorplan
- Wood Flooring
- No HOA
- Traditional Architecture
- Furnished
- Neighborhood Views
About This Home
Two Homes on One Lot in the Heart of Orange!
Incredible investment opportunity on one of the most charming streets in the City of Orange! This centrally located, fully leased income property features two detached homes on one lot, generating $7,000/month in rental income.
The front house, originally built in 1947 and thoughtfully remodeled, is approximately 1,277 sq ft and currently leased furnished for $4,200/month. This stylish 2-bedroom, 1-bath home includes a sunroom that has been converted into a third bedroom . Inside, you'll find large windows, an open-concept living and dining space, and a farmhouse kitchen with stainless steel appliances, a farmhouse sink, and French doors. The home is equipped with central heating and AC, and the private covered patio includes a TV, ceiling fan, and seating area—perfect for relaxing or entertaining.
The back house is a separate 2-bedroom, 1-bath unit measuring approximately 640 sq ft, currently leased furnished for $2,800/month. It features skylights, concrete floors, copper plumbing, vaulted ceilings with ceiling fans, wall-mounted AC, and stainless steel appliances. Full of character and natural light, this space is equally appealing to tenants.
Whether you're an investor seeking strong cash flow or a buyer looking for a flexible multi-generational living setup, 130 N Lester Dr is a must-see!
Listing Agent
Compass Brokerage Phone: 714.496.1433 License #01883899 Listed on: 06/25/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,786
Year Built
- Built in 1947 | Remodeled
Lot Details
- 4,657 Sq Ft Lot
- No Common Walls
- Wood Fence
- Density is 2-5 Units/Acre
Home Design
- Duplex
- Traditional Architecture
- Cottage
- Raised Foundation
- Slab Foundation
- Partial Copper Plumbing
Interior Spaces
- 1,917 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Furnished
- Ceiling Fan
- Skylights
- Awning
- French Doors
- Entryway
- Storage
- Neighborhood Views
- Basement
Kitchen
- Gas Oven
- Gas Cooktop
- Microwave
Flooring
- Wood
- Concrete
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Accessible Home Design
- No Interior Steps
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 688
- Assessor Parcel Number 03904213
- $540 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Recreation
- Park
Building Details
- 2 Leased Units
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $3,700
- Fuel Expense $580
- Insurance Expense $4,143
- Trash Expense $290
- Water Sewer Expense $616
- Operating Expense $21,075
- Gross Income $84,000
- Net Operating Income $62,925
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,786 | $988,380 | $916,954 | $71,426 |
| 2024 | $10,786 | $969,000 | $898,974 | $70,026 |
| 2023 | $6,150 | $540,228 | $474,385 | $65,843 |
| 2022 | $6,027 | $529,636 | $465,084 | $64,552 |
| 2021 | $5,861 | $519,251 | $455,964 | $63,287 |
| 2020 | $5,806 | $513,927 | $451,288 | $62,639 |
| 2019 | $5,734 | $503,850 | $442,439 | $61,411 |
| 2018 | $4,104 | $348,364 | $284,620 | $63,744 |
| 2017 | $3,940 | $341,534 | $279,039 | $62,495 |
| 2016 | $3,865 | $334,838 | $273,568 | $61,270 |
| 2015 | $3,807 | $329,809 | $269,459 | $60,350 |
| 2014 | $3,725 | $323,349 | $264,181 | $59,168 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2025 06/25/25 | For Sale | $1,350,000 | 0.0% | $704 / Sq Ft |
| 03/01/2025 03/01/25 | Rented | $4,200 | 0.0% | -- |
| 03/01/2025 03/01/25 | For Rent | $4,200 | 0.0% | -- |
| 02/16/2025 02/16/25 | Off Market | $4,200 | -- | -- |
| 10/03/2024 10/03/24 | Price Changed | $4,200 | +5.0% | $3 / Sq Ft |
| 09/28/2024 09/28/24 | Price Changed | $4,000 | -11.1% | $3 / Sq Ft |
| 09/20/2024 09/20/24 | Price Changed | $4,500 | -13.5% | $4 / Sq Ft |
| 08/27/2024 08/27/24 | For Rent | $5,200 | 0.0% | -- |
| 03/21/2023 03/21/23 | Sold | $950,000 | +6.1% | $488 / Sq Ft |
| 02/10/2023 02/10/23 | For Sale | $895,000 | -- | $460 / Sq Ft |
| 02/08/2023 02/08/23 | Pending | -- | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Fidelity National Title | |
| Deed | -- | Fidelity National Title | |
| Grant Deed | $950,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Grant Deed | $258,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $603,250 | New Conventional | |
| Previous Owner | $385,000 | New Conventional | |
| Previous Owner | $377,000 | New Conventional | |
| Previous Owner | $26,139 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $85,000 | Credit Line Revolving | |
| Previous Owner | $35,000 | Balloon | |
| Previous Owner | $382,500 | Unknown | |
| Previous Owner | $287,000 | Unknown | |
| Previous Owner | $252,000 | Unknown | |
| Previous Owner | $231,645 | FHA | |
| Previous Owner | $233,027 | FHA |
Source: Public Records
Similar Homes in Orange, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25142871
APN: 039-042-13
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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