This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/25
$1,085,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/25
Property Description
Excellent opportunity to own an income-producing property in the desirable City of Orange! Currently leased for $6,220 per month, the property generates $74,640 in annual gross rental income, with the existing lease running through May 31, 2027. The tenant pays all utilities, while the owner covers landscaping service, helping keep operating expenses low. Investors can benefit from immediate rental income with an established tenant in place, while future homeowners have the opportunity to collect rent now and potentially move in after the lease expires, subject to applicable tenancy requirements. The existing lease also allows the owner to construct an Accessory Dwelling Unit (ADU) within the garage during the lease term, subject to city permits and approvals, offering the potential for additional rental income or future personal use. Conveniently located near Chapman University, Old Towne Orange, shopping, dining, and major freeways, this property offers strong rental appeal and long-term flexibility for investors and future homeowners alike.
Full Property Details
Full Property Details for 1305 W Cherry
General
- Price: $1,085,000
- Status: Active
- Type: Single Family
- Source: MRMLS
- MLS ID: OC26220349
- Updated: 10/9/2026
- Added to Site: 1 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace: Yes
- Fireplace(s): Living Room
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: In Garage
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Driveway, Garage (Two Doors)
Location
- County: Orange
- Driving Directions: From the 57 Freeway, exit Orangewood Avenue and head east. Turn right onto Main Street, then left onto W Cherry Drive. The property will be on your left
School Information
- School District: Orange Unified
Community
- Community Features: Sidewalks
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Single Family Residence
- Common Walls: No Common Walls
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,327
- Sq. Ft. Source: Seller
- Year Built: 1955
- Year Built Source: Assessor
Lot Features
- Property View: None
- Lot Size (Acres): 0.1377
- Lot Size (Sq. Ft.): 6,000
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $817.63
Disclosures and Reports
- Special Conditions: Standard
Listed by BHHS Drysdale Properties, Jacob Neal
Get Pre-Approved Today
Schools
Schools serving 1305 W Cherry
School District:Orange Unified School District
| Name | Grades | Distance |
|---|---|---|
Sycamore Elementary School, Orange, CA 340 North Main Street, Orange, CA 92868 | K-6 | 0.1 mi |
Portola Middle School 270 North Palm Drive, Orange, CA 92868 | 6-8 | 0.3 mi |
Orange High School 525 North Shaffer Street, Orange, CA 92867 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1305 W Cherry
Date
Details
Price
Change
Source
10/09/2026
Listed
$1,085,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1305 W Cherry
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,775
2%
$805,977
2%
2024
$8,583
—
$790,174
2%
2024
$8,583
2%
$774,681
2%
2023
$8,395
2%
$759,492
2%
2022
$8,233
3%
$744,600
2%
2021
$8,003
93%
$730,000
102%
2020
$4,147
1%
$361,528
2%
2019
$4,096
2%
$354,440
2%
2018
$4,035
4%
$347,491
2%
2017
$3,871
2%
$340,678
2%
2016
$3,798
1%
$333,999
2%
2015
$3,742
2%
$328,983
2%
2014
$3,663
—
$322,539
—
2013
$3,654
—
$321,082
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1305 W Cherry
1305 W Cherry, Orange, CA 92868 (MLS# OC26220349) is a Single Family property with 4 bedrooms and 2 full bathrooms. 1305 W Cherry is currently listed for $1,085,000 and was received on October 09, 2026. Want to learn more about 1305 W Cherry? Do you have questions about finding other Single Family real estate for sale in Orange? You can browse all Orange real estate or contact a Coldwell Banker agent to request more information.

