$1,475,000

2041 W Palmyra Ave Orange, CA 92868

$10,000
Closing credit¹
0.2 acres
Multi-Family

Property details

About 2041 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 2031 W. Palmyra, totaling 6 Units.

Highlights

Home typeTriplex
StatusActive
Lot size0.17 Acres
Year built1964
MLS #NP25080484
Garage3 spaces

Summary

  • MLS Number: NP25080484
  • 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

single story home featuring a chimney

$1,475,000

2041 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
Dec 05, 1988
Home Sold
$525,000

Tax history

YearAssessmentProperty Tax
2024$1,248,480$14,010
2023$1,224,000$13,701
2022$465,366$5,674
2021$456,242$5,524
2020$451,564$5,472
2019$442,710$5,328
2018$434,030$5,328
2017$425,520$5,120

History based on county public records data.

Nearby schools

8

West Orange Elementary School

Public District KG-5

0.6 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. Most Orange, CA residents have annual incomes between $100k-200k. Typical family type 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 2041 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.

While more than 33 listings in Orange, CA in March 2025 were sold above asking price, there were more than 7 listings sold at asking price, and more than 28 were sold below. In March 2025 in Orange, CA there were 3.7% more homes for sale than in February. While the average time on the market in March 2025 was 34 days, the median list price was $1,101,000.

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

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