Discover timeless charm and modern investment potential at 817 E Palmyra, a beautifully maintained Craftsman-style duplex nestled in the heart of Old Towne Orange. This delightful property boasts fully rented units, making it the perfect opportunity for savvy investors or those seeking a dual-purpose home with steady income. The property’s classic Craftsman architecture is evident in its welcoming curb appeal and charming details, while the interiors offer a blend of vintage character and comfortable functionality. Each unit is thoughtfully designed to provide a cozy yet practical living space. Situated near Old Towne Orange, this duplex enjoys proximity to vibrant dining, boutique shopping, and community events, making it a sought-after rental location. Whether you’re looking to expand your portfolio, start your investment journey, or explore owner-occupancy potential, this property offers a rare blend of style, stability, and opportunity. Step into the perfect balance of historic appeal and modern-day returns. 817 E Palmyra is your gateway to a timeless investment.
Property Details
Property Features
Property Information:
Year Built: 1923
Stories: 1
Listing Office:
Office Name: Caliber Real Estate Group
Office Phone: (714) 602-6065
Listing Agent: Charisse Okamoto
Interior Features
Interior Information:
Interior: All Bedrooms Down
Fireplace: None
Exterior Features
Exterior Information:
Private Pool: No
View: None
Lot Features
Lot Information:
Lot: Back Yard
Lot Size: 0.16 Acres
Utilities
Utilities Information:
Cooling: Ductless
Other
Directions Information:
Directions: Palmyra/Cambridge
Price Information
Listing Price Info
Price Summary:
List Price: $1,650,000
Tax Information:
Annual Amount: $1,596
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 $554.2K 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: #PW23006577
Listing Office:
Office Name: Caliber Real Estate Group
Office Phone: (714) 602-6065
Listing Agent: Charisse Okamoto
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: 1/11/2025, 4:20:57 PM 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
$1,596
$104,272
2020
$1,580
$103,203
2019
$1,544
$101,180
2018
$1,544
$99,197
2017
$1,492
$97,252
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.
$8,303
Per Month
Principal & Interest
$8,236
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
$5,013
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
Palmyra Elementary School
1325 E Palmyra Ave
Distance between this listing and this school0.33 miles
Public District Grades KG-6
2
/10
Cambridge Elementary School
425 N Cambridge St
Distance between this listing and this school0.67 miles
Public District Grades KG-6
4
/10
Tomorrow's Leadership Collaborative (TLC) Charter
1130 E Walnut Ave
Distance between this listing and this school0.72 miles
Public Charter Grades KG-6
Nearby Schools
4
/10
Yorba Middle School
935 N Cambridge St
Distance between this listing and this school1.32 miles
Public District Grades 6-8
4
/10
Portola Middle School
270 N Palm Dr
Distance between this listing and this school1.39 miles
Public District Grades 6-8
2
/10
Sierra Preparatory Academy
2021 N Grand Ave
Distance between this listing and this school1.56 miles
Public District Grades 6-8
Nearby Schools
5
/10
Orange High School
525 N Shaffer St
Distance between this listing and this school0.84 miles
Public District Grades 9-12
4
/10
Ousd Home School
250 S Yorba St
Distance between this listing and this school1.00 miles
Public District Grades KG-12
2
/10
Richland Continuation High School
615 N Lemon St
Distance between this listing and this school1.05 miles
The neighbors living near this home have an average income of $79,419. The most common annual income of people living in Orange, CA is between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.
This home is located at 817 E Palmyra Ave in Orange, CA and zip code 92866. This home, which was built in 1923, sits on a 0.16 acre lot. It has been listed on Rocket Homes since January 12, 2023 and is currently priced at $1,650,000.
In December 2024, from all listings sold in Orange, CA there were more than 19 sold above asking price, over 24 sold below and more than 8 were sold right at the asked price. The inventory of homes for sale in Orange, CA between November 2024 and December 2024 decreased by 18.1%. In December 2024 median list price was $1,095,704 and the average listing age was 34 days.
From Rocket Homes Real Estate and based on county public records data.