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$1,435,000
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Property Description
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.
Full Property Details
Full Property Details for 402 E Glendale Dr
General
- Sold For: $1,435,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: OC26149678
- Added to Site: 98 day(s) ago
Interior
- Fireplace(s): Electric
Rooms
Other Rooms
- Laundry: In Garage, Washer Included, Dryer Included
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 3
- Parking Features: Garage, Driveway, Street
- Parking: Garage, Driveway, Street
Location
- Area: 72 - Orange & Garden Grove, E of Harbor, N of 22 F
- County: Orange
- Development Name: 72 - Orange & Garden Grove, E of Harbor, N of 22 F
- Driving Directions: Cross streets: Glendale and N Shaffer St
Heating & Cooling
- Cooling Type: Central Air
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 1
- # Electric Meters: 1
Structural Information
- Entry Location: Front Door
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,162
- Year Built: 1972
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.21
- Lot Size Source: Assessor
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $663.74
- Price Per Unit: 712500
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Schools
Schools serving 402 E Glendale Dr
School District:Orange Unified School District
| Name | Grades | Distance |
|---|---|---|
Fletcher Mandarin Language & Gate Academy 515 West Fletcher Avenue, Orange, CA 92865 | K-6 | 0.9 mi |
Cerro Villa Middle School 17852 E. Serrano Ave., Villa Park, CA 92861 | 7-8 | 1.9 mi |
Villa Park High School 18042 Taft Avenue, Villa Park, CA 92861 | 9-12 | 1.9 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 402 E Glendale Dr
Date
Details
Price
Change
Source
9/04/2026
Sold
$1,435,000
0.7%
MLS
7/09/2026
Listed
$1,425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
402 E Glendale Drive, Orange, CA 92865 (MLS# OC26149678) is a Multi-Family property that was sold at $1,435,000 on September 04, 2026. This property was listed by Kimia Vakili from our Newport Beach Office.Want to learn more about 402 E Glendale Drive? Do you have questions about finding other Multi-Family real estate for sale in Orange? You can browse all Orange real estate or contact a Coldwell Banker agent to request more information.


