402 E Glendale Dr Orange, CA 92865
Orange AreaEstimated payment $8,131/month
Highlights
- No HOA
- 3 Car Garage
- 1-Story Property
- Central Air
- Electric Fireplace
About This Home
Investor Opportunity! Immediate cash flow with two quality tenants already in place. Unit 402 is leased at $3,500/month and Unit 404 is leased at $3,850/month, generating $7,350/month ($88,200 annually) in gross rental income. Both tenants are on one-year lease agreements and have expressed interest in remaining long-term, providing a stable, turnkey investment from day one. 402 & 404 E Glendale Drive presents an exceptional opportunity to acquire a beautifully renovated duplex in one of North Orange's most desirable and rarely available neighborhoods. Located along the highly sought-after Glendale Drive duplex row, this single-story property features two spacious 3-bedroom, 2-bathroom units with mirror-image floor plans. Each residence offers a private entrance, attached garage, enclosed side patio, rear patio, brand new laundry units, and a comfortable, functional layout that appeals to long-term tenants. Both units have been extensively renovated with quality upgrades designed to minimize future maintenance and maximize rental appeal. Improvements include luxury vinyl plank flooring, remodeled kitchens and bathrooms with modern granite countertops and updated cabinetry, brand-new ranges and vent hoods, electric fireplaces, LED recessed lighting throughout, brand-new central heating and air conditioning systems, upgraded electrical panels, new water heaters, a brand-new roof and gutters, new garage doors with automatic openers, and numerous additional improvements. Whether you're looking to expand your real estate portfolio with a turnkey, income-generating asset or secure a long-term investment in a strong rental market, this property checks every box. With two tenants already in place, extensive recent renovations, and a highly desirable location surrounded primarily by single-family homes, this is a rare opportunity to acquire a low-maintenance duplex with immediate cash flow and excellent long-term appreciation potential. Investment opportunities like this rarely become available, don't miss your chance to own one of Glendale Drive's premier duplex properties.
Listing Agent
Coldwell Banker Realty Brokerage Phone: 949-812-8913 License #02059668 Listed on: 07/09/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1972
Lot Details
- 9,148 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 3 Car Garage
- Driveway
- On-Street Parking
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 2,162 Sq Ft Home
- 1-Story Property
- Electric Fireplace
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Laundry
- Laundry in Garage
- Dryer
- Washer
Additional Features
- Suburban Location
- Central Air
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 7696
- Assessor Parcel Number 37442229
- $26 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Laundry Facilities
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Insurance Expense $1,440
- Operating Expense $2,040
- Gross Income $88,200
- Net Operating Income $88,700
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $3,398 | $1,385,000 | $1,026,369 | $358,631 |
| 2025 | $3,398 | $318,327 | $235,158 | $83,169 |
| 2024 | $4,449 | $369,164 | $230,548 | $138,616 |
| 2023 | $8,224 | $729,212 | $597,307 | $131,905 |
| 2022 | $4,260 | $354,830 | $221,596 | $133,234 |
| 2021 | $4,146 | $347,873 | $217,251 | $130,622 |
| 2020 | $4,107 | $344,306 | $215,023 | $129,283 |
| 2019 | $4,059 | $337,555 | $210,806 | $126,749 |
| 2018 | $3,999 | $330,937 | $206,673 | $124,264 |
| 2017 | $3,841 | $324,449 | $202,621 | $121,828 |
| 2016 | $3,769 | $318,088 | $198,648 | $119,440 |
| 2015 | $3,714 | $313,311 | $195,665 | $117,646 |
| 2014 | $3,635 | $307,174 | $191,832 | $115,342 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/22/2026 07/22/26 | Pending | -- | -- | -- | |
| 07/09/2026 07/09/26 | For Sale | $1,425,000 | 0.0% | $659 / Sq Ft | |
| 10/30/2025 10/30/25 | Rented | $3,500 | 0.0% | -- | |
| 10/27/2025 10/27/25 | Price Changed | $3,500 | -9.1% | $3 / Sq Ft | |
| 09/28/2025 09/28/25 | Price Changed | $3,850 | -7.2% | $3 / Sq Ft | |
| 09/21/2025 09/21/25 | Price Changed | $4,150 | -7.8% | $3 / Sq Ft | |
| 09/12/2025 09/12/25 | For Rent | $4,500 | 0.0% | -- | |
| 08/29/2025 08/29/25 | Sold | $1,385,000 | -2.8% | $641 / Sq Ft | View Prior Sale |
| 07/25/2025 07/25/25 | Price Changed | $1,425,000 | -3.4% | $659 / Sq Ft | |
| 06/24/2025 06/24/25 | For Sale | $1,475,000 | -- | $682 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | $1,385,000 | Wfg National Title Company | |
| Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | Orange Coast Title | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | Stewart Title | |
| Grant Deed | $245,000 | Stewart Title | |
| Corporate Deed | $190,000 | Fidelity National Title Ins | |
| Trustee Deed | $189,662 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $900,000 | New Conventional | |
| Previous Owner | $373,000 | Unknown | |
| Previous Owner | $375,000 | Unknown | |
| Previous Owner | $235,000 | Purchase Money Mortgage | |
| Previous Owner | $235,175 | FHA |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC26149678
APN: 374-422-29
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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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