Investor Opportunity! Immediate cash flow with two quality tenants already in place. Unit 402 is leased at $3,500/month and Unit 404 is leased at $3,850/month, generating $7,350/month ($88,200 annually) in gross rental income. Both tenants are on one-year lease agreements and have expressed interest in remaining long-term, providing a stable, turnkey investment from day one. 402 & 404 E Glendale Drive presents an exceptional opportunity to acquire a beautifully renovated duplex in one of North Orange's most desirable and rarely available neighborhoods. Located along the highly sought-after Glendale Drive duplex row, this single-story property features two spacious 3-bedroom, 2-bathroom units with mirror-image floor plans. Each residence offers a private entrance, attached garage, enclosed side patio, rear patio, brand new laundry units, and a comfortable, functional layout that appeals to long-term tenants. Both units have been extensively renovated with quality upgrades designed to minimize future maintenance and maximize rental appeal. Improvements include luxury vinyl plank flooring, remodeled kitchens and bathrooms with modern granite countertops and updated cabinetry, brand-new ranges and vent hoods, electric fireplaces, LED recessed lighting throughout, brand-new central heating and air conditioning systems, upgraded electrical panels, new water heaters, a brand-new roof and gutters, new garage doors with automatic openers, and numerous additional improvements. Whether you're looking to expand your real estate portfolio with a turnkey, income-generating asset or secure a long-term investment in a strong rental market, this property checks every box. With two tenants already in place, extensive recent renovations, and a highly desirable location surrounded primarily by single-family homes, this is a rare opportunity to acquire a low-maintenance duplex with immediate cash flow and excellent long-term appreciation potential. Investment opportunities like this rarely become available, don't miss your chance to own one of Glendale Drive's premier duplex properties.
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Zillow last checked:
Listing updated:
Listed by:
Kimia VakiliDRE #02059668949-812-8913,
Coldwell Banker Realty
Source: CRMLS,MLS#: OC26145628Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4
Main level bathrooms: 4
Main level bedrooms: 6
Rooms
Room types: Bedroom, Kitchen, Living Room, Primary Bedroom
Primary bedroom
Features: Main Level Primary
Primary bedroom
Features: Primary Suite
Bedroom
Features: Bedroom on Main Level
Bathroom
Features: Bathtub, Remodeled, Tub Shower, Upgraded
Kitchen
Features: Remodeled, Updated Kitchen
Cooling
Central Air
Appliances
Included: Dryer, Washer
Laundry: In Garage
Features
Breakfast Area, Furnished, Open Floorplan, Bedroom on Main Level, Main Level Primary, Primary Suite
Has fireplace: Yes
Fireplace features: Electric
Furnished: Yes
Common walls with other units/homes: 1 Common Wall
Interior area
Total interior livable area: 2,162 sqft
Property
Parking
Total spaces: 3
Parking features: Driveway, Garage Faces Front, Garage, On Street
Garage spaces: 3
Features
Levels: One
Stories: 1
Entry location: Front Door
Pool features: None
Has view: Yes
View description: Neighborhood
Lot
Size: 9,148 Square Feet
Features: 2-5 Units/Acre
Details
Parcel number: 37442229
Special conditions: Standard
Construction
Type & style
Home type: SingleFamily
Property subtype: Duplex
Attached to another structure: Yes
Condition
Updated/Remodeled,Turnkey
New construction: No
Year built: 1972
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Features: Curbs, Suburban, Sidewalks
Subdivision: Other
Location
Region: Orange
Financial & listing details
Price per square foot: $659/sqft
Tax assessed value: $318,327
Annual tax amount: $3,398
Date on market: 7/9/2026
Cumulative days on market: 14 days
Listing terms: Cash,Cash to New Loan,Conventional,Contract,1031 Exchange,Submit
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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