$1,475,000

2031 W Palmyra Ave Orange, CA 92868

$10,000
Closing credit¹
0.2 acres
Multi-Family

Property details

About 2031 W Palmyra Ave

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 2041 W. Palmyra, totaling 6 Units.

Highlights

Home typeTriplex
StatusActive
Lot size0.17 Acres
Year built1964
MLS #NP25080247
Garage3 spaces

Summary

  • MLS Number: NP25080247
  • MLS Name: CRMLS
  • Office Name: R L M Equities
  • Office Phone: (949) 573-5309
  • Listing Agent: Randall Mycorn

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/12/2025, 4:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

ranch-style home featuring board and batten siding, a chimney, and fence

$1,475,000

2031 W Palmyra Ave

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 05, 2022
Home Sold
$1,200,000
May 27, 1988
Home Sold
$525,000

Tax history

YearAssessmentProperty Tax
2024$1,248,480$14,010
2023$1,224,000$13,701
2022$473,469$5,760
2021$464,186$5,607
2020$459,427$5,554
2019$450,419$5,408
2018$441,588$5,408
2017$432,930$5,197

History based on county public records data.

Nearby schools

8

West Orange Elementary School

Public District KG-5

0.5 mi

243 S Bush St

7

Sycamore Elementary School

Public District KG-6

0.7 mi

340 N Main St

6

Lampson Elementary School

Public District KG-5

1.5 mi

13321 Lampson Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $93,293. The most common annual income of people living in Orange, CA is between $100k-200k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

18%
<35k
34%
35k-100k
42%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

43%
Single, No Kids
11%
Single, with Kids
26%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
6%
12-17 yrs old
26%
18-34 yrs old
44%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • TennisTennis
  • Men's TennisMen's Tennis
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Crate & BarrelCrate & Barrel
  • Nordstrom RackNordstrom Rack
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • The Cheesecake FactoryThe Cheesecake Factory
  • Boston MarketBoston Market

What do the neighbors drive?

  • BMWBMW
  • VolvoVolvo
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 2031 W Palmyra Ave in Orange, CA and zip code 92868. Features: 0 bathroom. It has been listed on Rocket Homes since April 12, 2025 and is currently priced at $1,475,000.

Over 33 listings were sold over their listed price in March 2025 in Orange, CA. In the same period over 28 listings were sold below the listed price and 7 listings were sold for the listed price. The number of homes for sale in Orange, CA increased by 3.7% between February and March 2025. In March 2025, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $1,101,000.

From Rocket Homes Real Estate and based on county public records data.

More resources