This well located 12-unit apartment building is within walking distance to both Chapman University and Old Town Orange. Presented as a value-add opportunity, all 12 units are two-bedroom one bath townhouse style apartments. Gas and electricity are individually metered while the landlord provides hot and cold water and trash. There is no on-onsite parking and a small ex-carport structure, in the rear of the property, may offer and opportunity to add an ADU to the property. Both buildings have copper plumbing and there is a common laundry room on site.
Property Details
Property Features
Property Information:
Year Built: 1924
Stories: 2
Listing Office:
Office Name: Mike Marcu, Broker
Office Phone: (562) 260-0940
Listing Agent: Mike Marcu
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 0.19 Acres
Other
Directions Information:
Directions: Chapman East to Lemon North
Price Information
Listing Price Info
Price Summary:
List Price: $3,750,000
Tax Information:
Annual Amount: $4,028
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Orange, CA.
This property is $2.6M more than the Median Sold Price in Orange, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #OC24205368
Listing Office:
Office Name: Mike Marcu, Broker
Office Phone: (562) 260-0940
Listing Agent: Mike Marcu
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: 11/17/2024, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$4,028
$103,336
2020
$3,984
$102,277
2019
$3,918
$100,272
2018
$3,919
$98,306
2017
$3,835
$96,379
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$18.7K
Per Month
Principal & Interest
$18.7K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$11.3K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
West Orange Elementary School K - 5
243 S Bush St
Distance between this listing and this school0.58 miles
Public District Grades KG-5
6
/10
Fairhaven Elementary School
1415 Fairhaven Ave
Distance between this listing and this school0.81 miles
Public District Grades KG-6
7
/10
Sycamore Elementary School
340 N Main St
Distance between this listing and this school0.88 miles
Public District Grades KG-6
Nearby Schools
4
/10
Portola Middle School
270 N Palm Dr
Distance between this listing and this school0.83 miles
Public District Grades 6-8
4
/10
Yorba Middle School
935 N Cambridge St
Distance between this listing and this school1.44 miles
Public District Grades 6-8
2
/10
Sierra Preparatory Academy
2021 N Grand Ave
Distance between this listing and this school1.58 miles
Public District Grades 6-8
Nearby Schools
2
/10
Richland Continuation High School
615 N Lemon St
Distance between this listing and this school0.84 miles
Public District Grades 9-12
5
/10
Orange High School
525 N Shaffer St
Distance between this listing and this school0.86 miles
Public District Grades 9-12
4
/10
Unity Middle College High School
1937 W Chapman Ave
Distance between this listing and this school1.09 miles
The neighbors living near this home have an average income of $56,818. The most common annual income of people living in Orange, CA is between $35k-100k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 253 S Lemon St
What is the listing price of this property?
The listing price of 253 S Lemon St property is $3,750,000.
What type of property is this?
The property 253 S Lemon St is a condo located in Orange, California, 92866.
Is this property for sale now?
Active Listing: 253 S Lemon St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $4,028 (source: MLS/based on county public records data).
Which year was this property built?
The year of construction for 253 S Lemon St is 1924.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 253 S Lemon St in Orange, CA and zip code 92866. This home, which was built in 1924, sits on a 0.19 acre lot. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $3,750,000.
Orange, CA housing market in October 2024 saw over 34 listings sold above listed price, more than 10 sold at listed price and over 41 sold below. The inventory of homes for sale in Orange, CA between September 2024 and October 2024 decreased by 2.5%. The median list price of listings available in October 2024 was $1,072,857, while the average time on the real estate market was 30 days.
From Rocket Homes Real Estate and based on county public records data.