Orange, California is known for its rich history and charming neighborhoods, and this “Orange Home For Sale”perfectly captures the essence of the area. With its prime location in the heart of Old Towne and a plethora of desirable features, this property is a dream come true for investors and landlords.
Built-in 1910, this hip-roof cottage exudes character and vintage charm. The first thing that catches your eye is the delightful front porch, inviting you to sit back, relax, and enjoy the sights and sounds of Old Towne. Stepping inside through the craftsman door, you are greeted by an open floor plan that seamlessly connects different living spaces.
The main floor boasts a den/office/bedroom, perfect for those who work from home or need extra space for guests. The living room opens into the remodeled kitchen, which is a true chef’s delight. With shaker-style white cabinetry, beautiful quartzite counters (made of real quartz stone), a white subway tile backsplash, and stainless steel appliances including a 5-burner gas stove with a Euro range hood, dishwasher, and stainless dual sink, this kitchen is both stylish and functional. There is also a separate laundry area and a tankless hot water heater for added convenience.
The master bedroom on the main floor is a peaceful retreat with dual closets and a stunning tile-accented bathroom. The bathroom features a soaking tub and a unique step-down into a walk-in, no-door shower. The original oval pedestal sink adds a touch of nostalgia to the room, creating a beautiful space to get ready in the morning.
Heading upstairs, you’ll find two additional bedrooms with walk-in closets, a large bath with a tub/shower, and an upstairs family room/office/retreat. This upper level provides ample space for a growing family or can be utilized as a private sanctuary for work or relaxation.
To ensure comfort all year round, the home is equipped with central heating and air conditioning. However, if you prefer to enjoy the outdoors, the rear yard offers a covered patio nestled under a huge historic shade tree. It’s the perfect spot to unwind and soak in the tranquil ambiance of the neighborhood.
In addition to its many appealing features, this property is on the Mills Act property tax program, resulting in significant tax savings. The 2022 taxes were a mere $4,300 per year, providing you with substantial savings each year. Furthermore, there is potential for building an accessory dwelling unit (ADU) off the rear alley, adding even more value to the property.
Parking is a breeze with a detached two-car garage, gated parking in the front, and a rear driveway with two additional spaces. This is especially convenient for tenants, who will appreciate the ease and security of having designated parking spaces.
Speaking of tenants, this property is currently leased until May 31, 2024, generating a monthly income of $4,895. For investors or landlords looking for a turnkey investment, this is an opportunity you don’t want to miss.
Overall, this Orange Home For Sale is a true gem in the heart of Old Towne. With its historic charm, modern upgrades, and prime location, it is an investor’s and landlord’s dream. Don’t miss out on the chance to own a piece of Orange’s history and secure a profitable investment property. Contact the listing agent today to schedule a viewing before it’s gone.
447 S Grand Street, Orange, CA 92866