$1,200,000
1305 W Cherry, Orange, CA 92868
- 1,327 sq ft
- 6,000 sq ft lot
- Built 1955
$1,085,000
This property is also on the market under MLS OC26220349 (Residential).
The home
About 1305 W Cherry
Excellent investment opportunity in the desirable City of Orange, just minutes from Chapman University and historic Old Towne Orange! This single-story, 4-bedroom, 2-bathroom home offers 1,327 square feet of living space on a 6,000-square-foot lot and is currently generating $6,220 per month in rental income, totaling $74,640 annually. With an existing lease in place through May 31, 2027, investors can begin collecting rental income immediately without the hassle of finding tenants. The tenant pays all utilities, while the owner is responsible for landscaping service, helping keep operating expenses low. The property's proximity to Chapman University, Old Towne Orange, shopping, dining, and major freeways makes it an attractive location for long-term rental demand. Another major opportunity is the potential to convert the existing two-car garage into an Accessory Dwelling Unit (ADU). The current lease specifically allows the owner to construct an ADU within the garage during the lease term, subject to city permits and approvals, providing an opportunity to increase rental income and maximize the property's potential. Whether you're looking to expand your rental portfolio, secure a property near Chapman University, or invest in a desirable Orange County location with future upside, this property offers immediate cash flow and long-term potential!
Property is tenant-occupied. Out of respect for tenant privacy, listing photos have been digitally edited and virtually staged to remove or replace personal furniture and belongings. No furniture shown will convey with the sale. Original, unedited photos are available upon request through the Listing Agent.
Property details for 1305 W Cherry
This single-family home sits in Orange in Orange County. It offers 1,327 square feet of living space and is listed at $1,085,000, about $818 per square foot. The home was built in 1955. The MLS record lists the assessor parcel number as 039-293-30. Highlights include a fireplace, single-story living, a two-car garage, a 5,998-square-foot lot, and central air. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Specifications
Home Details
At a glance
- Price
- $1,085,000
- Days On Site
- New Today
- Bedrooms
- N/A
- Inside Area (SqFt)
- 1,327 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- N/A
- Lot Size
- 6,000 SqFt
- Year Built
- 1955
- MLS® Number
- OC26230504
- Status
- Active
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- N/A
General Features
- Property Type
- Single Family Residence
- MLS Number
- OC26230504
- Year Built
- 1955
- Lot Size (sq ft)
- 6,000
- Lot Size (acres)
- 0.1377
- Levels
- One
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- None
- Parcel Number
- 03929330
- On Market Date
- 2026-10-25
- Listing Terms
- Standard
Interior Features
- Interior Features
- All Bedrooms Down
- Heating
- Central
- Cooling
- Central Air
- Fireplace
- Living Room
- Laundry
- In Garage
- Entry Level
- 1
- Common Walls
- No Common Walls
- Rooms
- Bedroom
Exterior Features
- Lot Features
- Zero To One Unit Acre
- Parking
- Door Multi, Driveway, Garage
- Pool Features
- None
- Sewer
- Public Sewer
- Water
- Public
- Units
- 1
Community Features
- Community Features
- Sidewalks
The record
Property History for 1305 W Cherry
| Date | Event | Price | Note |
|---|---|---|---|
| Oct 25, 2026 | Listed for sale | $1,085,000 | |
| Oct 22, 2020 | Sold | $730,000 | Keller Williams Realty |
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 1305 W Cherry
We looked up this home's map point in public government maps. These facts are not part of the MLS listing.
Hazard zones
- Flood zone
Zone X. Outside FEMA's Special Flood Hazard Area.
FEMA National Flood Hazard Layer, FIRM panel 06059C0161J effective December 3, 2009. Checked October 15, 2026.
- Fire hazard severity zone
Not in a fire hazard severity zone on the State Fire Marshal's map.
CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.
- Earthquake fault zone
Outside the Alquist-Priolo Earthquake Fault Zones.
California Geological Survey, Earthquake Fault Zones. Checked October 15, 2026.
- Liquefaction zone
Outside the liquefaction zones.
California Geological Survey, Seismic Hazard Zones map, Orange quadrangle, released April 15, 1998. Checked October 15, 2026.
- Landslide zone
Outside the earthquake-induced landslide zones.
California Geological Survey, Seismic Hazard Zones map, Orange quadrangle, released April 15, 1998. Checked October 15, 2026.
Internet and charging
- Fixed internet
Fiber: AT&T, up to 5,000 Mbps, at 32 of 32 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 32 of 32. Fixed wireless: Cosmo Network Solutions, LLC, up to 350 Mbps, at 32 of 32.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590761052003, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.3 miles away (EvGateway, 32 Level 2 ports). 590 public charging ports within 3 miles.
U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.
These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).
Official maps
Cost of ownership
Estimated monthly payment
7.32% · 30-yr fixed$
$8,453/mo
10% down · 30-year fixed · $108,500 down
Principal & interest$6,708
Mortgage insurance (est., over 80% LTV)$407
Property tax (est. 1.13%)$1,022
Home insurance (rough est., varies widely)$316
HOANot reported, not included
$7,301/mo
20% down · 30-year fixed · $217,000 down
Principal & interest$5,963
Property tax (est. 1.13%)$1,022
Home insurance (rough est., varies widely)$316
HOANot reported, not included
$6,555/mo
30% down · 30-year fixed · $325,500 down
Principal & interest$5,217
Property tax (est. 1.13%)$1,022
Home insurance (rough est., varies widely)$316
HOANot reported, not included
Estimated carrying cost
$1,338/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.13%)$1,022
Home insurance (rough est., varies widely)$316
HOANot reported, not included
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.32% (week of Oct 22, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Orange rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.
Next steps
Buying 1305 W Cherry
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Selling near 1305 W Cherry
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The neighborhood
Orange home sales, past 12 months
- Homes sold
- 586
- Median price
- $1,256,000
- Median days on market
- 14
- Median per sq ft
- $682
Recorded MLS closings of single-family homes, Oct 18, 2025 to Oct 18, 2026. Days on market run from listing to going under contract.
Price per square foot against recent Orange sales
At $818 per square foot, this home's asking price is 20% above the Orange median of $682 for single-family homes that closed in the past 12 months.
Recent Orange sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 942 N Wanda | Oct 16, 2026 | $1,325,000 | 2,066 | $641 | 40 |
| 8301 E Peacock | Oct 16, 2026 | $1,360,000 | 2,025 | $672 | 6 |
| 121 E Chestnut | Oct 14, 2026 | $1,099,950 | 1,934 | $569 | 59 |
| 7985 East Hampshire Road | Oct 14, 2026 | $1,395,000 | 2,403 | $581 | 6 |
| 915 E La Veta Avenue | Oct 14, 2026 | $1,060,000 | 1,624 | $653 | 82 |
Location
Location
Photographs
Photos of 1305 W Cherry, Orange
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Listed by Jacob Neal of BHHS Drysdale Properties
Listing information updated Oct 25, 2026 at 10:54 AM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.