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.
Sold for $1,465,000
Listed by: R L M Equities • Randall Mycorn • Contact: 949-573-5309
Bought with: Your Favorite Lenders, Inc
$1,465,000
2041 W Palmyra Ave, Orange, CA 92868
5beds
4baths
2,564sqft
Triplex
Built in 1964
-- sqft lot
$-- Zestimate®
$571/sqft
$5,070 Estimated rent
Home value
Not available
Estimated sales range
Not available
$5,070/mo
Zestimate® history
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List your homeWhat's special
Large three-bedroom single-story residencePrivate enclosed patios
Zillow last checked:
Listing updated:
Listed by:
Randall Mycorn DRE #02078223 949-573-5309,
R L M Equities
Bought with:
Jesus Gaspar Don Juan, DRE #02016634
Your Favorite Lenders, Inc
Source: CRMLS,MLS#: NP25080484
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Appliances
- Laundry: Common Area, Washer Hookup, Gas Dryer Hookup
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,564
- Total interior livable area: 2,564 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage
- Garage spaces: 3
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 7,405 Square Feet
- Features: 6-10 Units/Acre
Details
- Parcel number: 39022230
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Suburban
Location
- Region: Orange
Financial & listing details
- Price per square foot: $571/sqft
- Tax assessed value: $1,273,449
- Annual tax amount: $14,326
- Date on market: 4/11/2025
- Cumulative days on market: 11 days
- Listing terms: Cash,Cash to New Loan,1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2025 | Sold | $1,465,000-0.7%$571/sqft |
Source:  CRMLS #NP25080484 Report a problem | ||
| 4/24/2025 | Contingent | $1,475,000$575/sqft |
Source: CRMLS #NP25080484 Report a problem | ||
| 4/12/2025 | Listed for sale | $1,475,000+22.9%$575/sqft |
Source: CRMLS #NP25080484 Report a problem | ||
| 7/17/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 7/14/2022 | Listed for rent | $2,195$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 1/5/2022 | Sold | $1,200,000$468/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,326 +2.3% | $1,273,449 +2% |
| 2024 | $14,010 +2.3% | $1,248,480 +2% |
| 2023 | $13,701 -18% | $1,224,000 +163% |
| 2022 | $16,705 +202.4% | $465,366 +2% |
| 2021 | $5,524 +0.9% | $456,242 +1% |
| 2020 | $5,472 | $451,564 +2% |
| 2019 | $5,472 +1.2% | $442,710 +2% |
| 2018 | $5,409 +5.6% | $434,030 +2% |
| 2017 | $5,121 | $425,520 +2% |
| 2016 | $5,121 +1.9% | $417,177 +1.5% |
| 2015 | $5,025 +3.7% | $410,911 +2% |
| 2014 | $4,847 | $402,862 +0.5% |
| 2013 | -- | $401,042 +2% |
| 2012 | -- | $393,179 +2% |
| 2011 | -- | $385,470 +0.8% |
| 2010 | -- | $382,590 -0.2% |
| 2009 | -- | $383,500 +2% |
| 2008 | -- | $375,981 +2% |
| 2007 | -- | $368,609 +2% |
| 2006 | -- | $361,382 +2% |
| 2005 | -- | $354,297 +2% |
| 2004 | -- | $347,350 +1.9% |
| 2003 | -- | $340,984 +10% |
| 2002 | -- | $310,000 +24% |
| 2001 | $2,704 +15.5% | $250,000 +16.7% |
| 2000 | $2,341 | $214,200 |
Find assessor info on the county website
Neighborhood: 92868
Nearby homes
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- $--1 bd1 ba850 sqft2041 W Palmyra Ave #C, Orange, CA 92868Off Market
- $--1 bd1 ba850 sqft2041 W Palmyra Ave APT B, Orange, CA 92868Off Market
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- $1,455,0005 bd4 ba2.5k sqft2031 W Palmyra Ave, Orange, CA 92868Sold
- $810,2003 bd2 ba-- sqft2031 W Palmyra Ave #A, Orange, CA 92868Off Market
- $--1 bd1 ba1.1k sqft2031 W Palmyra Ave APT C, Orange, CA 92868Off Market
- $497,2001 bd1 ba750 sqft2031 W Palmyra Ave APT B, Orange, CA 92868Off Market
Nearby schools
GreatSchools rating
- 5/10West Orange Elementary SchoolGrades: K-6Distance: 0.5 mi
- 5/10Portola Middle SchoolGrades: 7-8Distance: 0.5 mi
- 5/10Orange High SchoolGrades: 9-12Distance: 1.9 mi
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- California
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- 2041 W Palmyra Ave
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