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130 N Lester Dr, Orange, CA 92868

List Price: $1,350,000On Market FlagOn market
Jun 25, 20251,277 sqft3 beds1 baths
Listed by: Deborah Sado
License #: 01883899
Phone #: 949.554.1200
Compass
Source:
CRMLS Logo
MLS #: NP25142871

Property Description

Two Homes on One Lot in the Heart of Orange! Incredible investment opportunity on one of the most charming streets in the City of Orange! This centrally located, fully leased income property features two detached homes on one lot, generating $7,000/month in rental income. The front house, originally built in 1947 and thoughtfully remodeled, is approximately 1,277 sq ft and currently leased furnished for $4,200/month. This stylish 2-bedroom, 1-bath home includes a sunroom that has been converted into a third bedroom (unpermitted). Inside, you'll find large windows, an open-concept living and dining space, and a farmhouse kitchen with stainless steel appliances, a farmhouse sink, and French doors. The home is equipped with central heating and AC, and the private covered patio includes a TV, ceiling fan, and seating area—perfect for relaxing or entertaining. The back house is a separate 2-bedroom, 1-bath unit measuring approximately 640 sq ft, currently leased furnished for $2,800/month. It features skylights, concrete floors, copper plumbing, vaulted ceilings with ceiling fans, wall-mounted AC, and stainless steel appliances. Full of character and natural light, this space is equally appealing to tenants. Whether you're an investor seeking strong cash flow or a buyer looking for a flexible multi-generational living setup, 130 N Lester Dr is a must-see!
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,590

TurboHome Estimated Value

$1,028,000

$805 sqft

High Valuation
$1,079,400
$845/sqft
Normal Valuation
$1,028,000
$805/sqft
Low Valuation
$976,600
$765/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$805/sqft$1,028,000

Neighborhood: Other (OTHR)

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Comparative Value

$940K

$1.00M

$1.06M

$1.35M

1060 W Arbor Way, Orange, CA 92868

Sale Price: $940,000

Selected Comparable

1837 W Las Palmas Cir, Orange, CA 92868

Sale Price: $1,000,000

Selected Comparable

1033 W Almond Ave, Orange, CA 92868

Sale Price: $1,060,000

Selected Comparable

220 S Castle Cir, Orange, CA 92868

Sale Price: $1,075,000

Selected Comparable

167 N Lester Dr, Orange, CA 92868

Sale Price: $1,078,500

Selected Comparable

130 N Lester Dr, Orange, CA 92868

List Price: $1,350,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
130 N Lester Dr, Orange, CA 92868

130 N Lester Dr, Orange, CA 92868

List: $1,350,000

Listed: 6/25/2025

Area:1,277 sqft
Price/sqft:$1,057
Beds:3
Baths:1
Year Built:
Lot Size:4,657

Comparable Properties

COMPARABLE
Choose comps
167 N Lester Dr, Orange, CA 92868

167 N Lester Dr, Orange, CA 92868

Sale: $1,078,500

10/21/20240.05 mi

Area:1,209 sqft
Price/sqft:$892
Beds:3
Baths:1
Year Built:
Weight:21.3%
1060 W Arbor Way, Orange, CA 92868

1060 W Arbor Way, Orange, CA 92868

Sale: $940,000

5/5/20250.04 mi

Area:1,014 sqft
Price/sqft:$927
Beds:3
Baths:1
Year Built:
Weight:21.0%
1033 W Almond Ave, Orange, CA 92868

1033 W Almond Ave, Orange, CA 92868

Sale: $1,060,000

11/6/20240.17 mi

Area:1,074 sqft
Price/sqft:$987
Beds:3
Baths:1
Year Built:
Weight:19.7%
220 S Castle Cir, Orange, CA 92868

220 S Castle Cir, Orange, CA 92868

Sale: $1,075,000

3/24/20250.43 mi

Area:1,340 sqft
Price/sqft:$802
Beds:3
Baths:2
Year Built:
Weight:19.4%
1837 W Las Palmas Cir, Orange, CA 92868

1837 W Las Palmas Cir, Orange, CA 92868

Sale: $1,000,000

6/30/20250.48 mi

Area:1,492 sqft
Price/sqft:$670
Beds:3
Baths:2
Year Built:
Weight:18.6%

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