Rare Dual-Home Opportunity on a Spacious, Well-Maintained Lot in Old Towne Orange steps away from Chapman University! Set on an expansive and beautifully landscaped lot, this exceptional property features not one, but two distinct and inviting residences—each thoughtfully designed for comfort, convenience and versatility. A rare find in Old Towne Orange, this well-kept, oversized lot features two separate residences, each offering strong rental income potential. Ideal for investors, multi-generational living, or offsetting your mortgage by living in one unit and renting the other. The primary home has a lovely patio to relax and enjoy Old Towne. Step into the main home and enjoy a sunlit living room that offers a peaceful retreat. The spacious kitchen serves as the heart of the home, complemented by three bedrooms and an oversized back living area - perfect for flexible living or entertaining. The second home features 2 bedrooms, 1 bath, and its own private patio, ideal for rental income or extended family. The expansive lot offers plenty of outdoor space for gardening, pets, or play. A built-in BBQ and dedicated playground with swings and a slide create a fun and functional environment for all ages. Two large Tuff Sheds provide excellent storage. The main home also offers direct access to the backyard, making indoor-outdoor living effortless. Located near Chapman University, top schools, and major freeways, this is a rare opportunity in Old Towne Orange. On the market for the first time in over 30 years. Your next chapter starts here.
Sold for $1,550,000
Listing Provided by: Lionheart Pride
Bought with: Bullock Russell RE Services
$1,550,000
273 N Cleveland St, Orange, CA 92866
5beds
2,402sqft
Single Family Residence
Built in 1911
9,583 Square Feet Lot
$2,214,000 Zestimate®
$645/sqft
$6,779 Estimated rent
Home value
$2,214,000
$1.97M - $2.48M
$6,779/mo
Zestimate® history
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$6,779/mo
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$9,586/mo
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Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Rick Clark DRE #01918913 714-225-5520,
Lionheart Pride,
Angelyn Catale DRE #01454264 714-702-4119,
Lionheart Pride
Bought with:
Brandon Ruddy, DRE #02037608
Bullock Russell RE Services
Source: CRMLS,MLS#: PW25152309
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 5
Bedroom
- Features: All Bedrooms Down
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathtub, Separate Shower, Tub Shower
Family room
- Features: Separate Family Room
Kitchen
- Features: Tile Counters
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Barbecue, Dishwasher, Free-Standing Range, Disposal, Water Heater
- Laundry: Common Area, Laundry Room
Features
- Ceiling Fan(s), Separate/Formal Dining Room, Pull Down Attic Stairs, All Bedrooms Down, Attic, Bedroom on Main Level
- Flooring: Carpet, Tile, Wood
- Windows: Skylight(s)
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,402 sqft
Property
Parking
- Total spaces: 2
- Parking features: Direct Access, Driveway Level, Driveway, Garage Faces Front, Garage
- Attached garage spaces: 2
Accessibility
- Accessibility features: Safe Emergency Egress from Home
Features
- Levels: One
- Stories: 1
- Entry location: Front
- Patio & porch: Concrete, Front Porch, Patio
- Exterior features: Barbecue
- Pool features: None
- Spa features: None
- Fencing: Block
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 9,583 sqft
- Features: 2-5 Units/Acre, Back Yard, Drip Irrigation/Bubblers, Front Yard, Garden, Sprinklers In Rear, Landscaped, Sprinkler System
Details
- Parcel number: 38608202
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Combination, Raised, Slab
- Roof: Composition
Condition
- Additions/Alterations,Turnkey
- New construction: No
- Year built: 1911
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Biking, Curbs, Street Lights, Sidewalks
Location
- Region: Orange
Other
Other facts
- Listing terms: Cash,Cash to New Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2025 | Sold | $1,550,000-6.1%$645/sqft |
Source:  CRMLS #PW25152309 Report a problem | ||
| 7/30/2025 | Pending sale | $1,650,000$687/sqft |
Source: CRMLS #PW25152309 Report a problem | ||
| 7/15/2025 | Listed for sale | $1,650,000$687/sqft |
Source: CRMLS #PW25152309 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,474 +2.3% | $471,146 +2% |
| 2024 | $5,350 +2.3% | $461,908 +2% |
| 2023 | $5,228 +2.1% | $452,851 +2% |
| 2022 | $5,122 +2.8% | $443,972 +2% |
| 2021 | $4,982 +1% | $435,267 +1% |
| 2020 | $4,935 | $430,804 +2% |
| 2019 | $4,935 +1.2% | $422,357 +2% |
| 2018 | $4,874 +5.8% | $414,076 +2% |
| 2017 | $4,606 | $405,957 +2% |
| 2016 | $4,606 +2% | $397,998 +1.5% |
| 2015 | $4,517 +3.7% | $392,020 +2% |
| 2014 | $4,355 | $384,341 +0.5% |
| 2013 | -- | $382,604 +2% |
| 2012 | -- | $375,102 +2% |
| 2011 | -- | $367,748 +0.8% |
| 2010 | -- | $365,000 -0.2% |
| 2009 | -- | $365,868 +2% |
| 2008 | -- | $358,695 +2% |
| 2007 | -- | $351,662 +2% |
| 2006 | -- | $344,767 +2% |
| 2005 | -- | $338,007 +2% |
| 2004 | -- | $331,380 +12% |
| 2003 | -- | $295,831 +3% |
| 2002 | -- | $287,285 +2% |
| 2001 | $2,892 +2% | $281,652 +2% |
| 2000 | $2,836 | $276,130 |
Find assessor info on the county website
Neighborhood: 92866
Nearby schools
GreatSchools rating
- 2/10Cambridge Elementary SchoolGrades: K-6Distance: 0.3 mi
- 6/10Yorba Middle SchoolGrades: 7-8Distance: 0.9 mi
- 5/10Orange High SchoolGrades: 9-12Distance: 0.5 mi
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Estimated market value
$2,214,000
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Estimated market value
$2,214,000
- California
- Orange County
- Orange
- 92866
- 273 N Cleveland St
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