$1,799,900
OPEN SAT 1PM - 4PM

132 S Lime St Orange, CA 92868

6 Beds
3 Baths
2,105 Sq Ft
$855 Price per Sq Ft

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Wood Flooring
  • Gated Parking
  • Cathedral Ceiling
  • Great Room

About This Home

Experience the quintessential Old Towne Orange lifestyle with this rare two-on-a-lot gem, radiating authentic mid-century charm and incredible curb appeal! The front home (3BR/2BA, 1,133 sq.ft., 2 car detached garage) shines with refinished original oak hardwood floors, a remodeled kitchen featuring newer cabinetry and quartz countertops with a full-height quartz backsplash. Additionally, the two tastefully updated bathrooms include designer fixtures, gorgeous tiled showers and dual sinks in the hallway bath. Modern comforts abound, including updated dual-pane windows, ceiling fans in all bedrooms, and elegant window coverings. Outside, enjoy a classic front porch, gated grassy front yard with garden beds, plus a rear deck perfect for entertaining. The second residence (3BR/1BA, 972 sq.ft.), recently constructed in 2021, offers a large open floor plan with resilient hard-surface flooring, a private side entrance and oversized patio. Both homes feature bright, open floor plans ideal for gatherings and are move-in ready with central A/C, recessed LED lighting, stainless steel appliances and individual laundry areas (all washers, dryers, and refrigerators included). With a location that earns an unbeatable Walk Score, just a short stroll to Chapman University, the Orange Circle, and the eclectic dining, coffee, and boutique shopping of Old Towne, this turn-key property is a high-demand rental or a perfect multi-generational setup, offering an unparalleled opportunity to live in one and rent the other or collect up to $9,000 in monthly rent.

Listing Agent

John Babai

Arc Realty Brokerage Phone: 949-216-8200 License #01347118 Listed on: 03/25/2026

Open House Schedule

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2021 | Remodeled

Lot Details

  • 6,360 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • Wire Fence
  • Drip System Landscaping
  • Sprinklers on Timer
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Single Garage Door
  • Driveway
  • Gated Parking
  • RV Potential

Home Design

  • Duplex
  • Entry on the 1st floor
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,105 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Drapes & Rods
  • Great Room
  • Living Room

Kitchen

  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Accessible Home Design

  • No Interior Steps

Utilities

  • Central Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 1263
  • Assessor Parcel Number 04103317
  • $559 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $2,880
  • Fuel Expense $480
  • Gardener Expense $720
  • Insurance Expense $3,008
  • Trash Expense $360
  • Water Sewer Expense $720
  • New Taxes Expense $18,500
  • Operating Expense $26,668
  • Gross Income $104,400
  • Net Operating Income $77,732

Property Details

Home Type

Multi-Family

Year Built

Built in 2021 | Remodeled

Lot Details

6,360 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: Refrigerator, Washer/Dryer (BOTH HOMES)
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 720.00
  • Architectural Style: Ranch
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 04103317
  • Year Built: 2021
  • Special Features: OpenHouse

Interior Features

  • Fireplace: No
  • Interior Amenities: Quartz Counters, Built-in Features, Pantry, Recessed Lighting, Open Floorplan, Cathedral Ceiling(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 855.06
  • Room Type: Laundry, All Bedrooms Down, Main Floor Primary Bedroom, Kitchen, Great Room, Living Room, Main Floor Bedroom, Primary Suite
  • Window Features: Double Pane Windows, Drapes

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Block, Wire, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Gated, Garage - Single Door, Driveway, RV Potential
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Microwave, Refrigerator, Free-Standing Range, Gas Range, Dishwasher
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Individual Room, Stackable, Washer Included, Dryer Included
  • Sewer: Public Sewer
  • Trash Expense: 360.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Sprinklers Timer, Sprinklers Drip System, Front Yard, Garden, Sprinkler System, Back Yard, Lawn, Yard
  • Lot Size Sq Ft: 6360.00
  • Lot Size Acres: 0.1460

Rental Info

  • Tenant Pays: Insurance, All Utilities, Telephone

Multi Family

  • Electric Expense: 2880.00
  • Fuel Expense: 480.00
  • Gross Income: 104400.00
  • Gross Scheduled Income: 104400.00
  • Insurance Expense: 3008.00
  • Lot Size Area: 6360.0000 Square Feet
  • Net Operating Income: 77732.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Drapes: 1
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 26668.00
  • Other Income Description: Tenants split utility expenses
  • Rent Control: No
  • Total Actual Rent: 4050.00
  • Total Expenses: 26668.00

Tax Info

  • New Taxes Expense: 18500.00
  • Tax Lot: 8
  • Tax Tract Number: 1263
  • TaxOtherAnnualAssessmentAmount: 559.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2026 03/25/26 For Sale $1,799,900 -- $855 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC26064651

California Regional Multiple Listing Service (CRMLS)
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