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.
Sold for $1,465,000 on 05/13/25
Listing Provided by:
Randall Mycorn DRE #02078223 949-573-5309,
R L M Equities
Bought with: Your Favorite Lenders, Inc
$1,465,000
2041 W Palmyra Ave, Orange, CA 92868
5beds
4baths
2,564sqft
Triplex
Built in 1964
-- sqft lot
$-- Zestimate®
$571/sqft
$5,564 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: May 14, 2025 at 12:36pm
Listing Provided by:
Randall Mycorn DRE #02078223 949-573-5309,
R L M Equities
Bought with:
Jesus Gaspar Don Juan, DRE #02016634
Your Favorite Lenders, Inc
Source: CRMLS,MLS#: NP25080484
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Appliances
- Laundry: Common Area, Washer Hookup, Gas Dryer Hookup
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,564
- Total interior livable area: 2,564 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage
- Garage spaces: 3
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 7,405 sqft
- Features: 6-10 Units/Acre
Details
- Parcel number: 39022230
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Suburban
Location
- Region: Orange
Other
Other facts
- Listing terms: Cash,Cash to New Loan,1031 Exchange