-132 S Lime Street, Orange, CA 92868

• 2,105 sqft

Property Description

Experience the quintessential Old Towne Orange lifestyle with this rare two-on-a-lot gem, radiating authentic mid-century charm and incredible curb appeal!  The front home (3BR/2BA, 1,133 sq.ft., 2 car detached garage) shines with refinished original oak hardwood floors, a remodeled kitchen featuring newer cabinetry and quartz countertops with a full-height quartz backsplash. Additionally, the two tastefully updated bathrooms include designer fixtures, gorgeous tiled showers and dual sinks in the hallway bath. Modern comforts abound, including updated dual-pane windows, ceiling fans in all bedrooms, and elegant window coverings. Outside, enjoy a classic front porch, gated grassy front yard with garden beds, plus a rear deck perfect for entertaining. The second residence (3BR/1BA, 972 sq.ft.), recently constructed in 2021, offers a large open floor plan with resilient hard-surface flooring, a private side entrance and oversized patio. Both homes feature bright, open floor plans ideal for gatherings and are move-in ready with central A/C, recessed LED lighting, stainless steel appliances and individual laundry areas (all washers, dryers, and refrigerators included). With a location that earns an unbeatable Walk Score, just a short stroll to Chapman University, the Orange Circle, and the eclectic dining, coffee, and boutique shopping of Old Towne, this turn-key property is a high-demand rental or a perfect multi-generational setup, offering an unparalleled opportunity to live in one and rent the other or collect up to $9,000 in monthly rent. At the current list price of $1,699,900, this equates to approximately a 15.74X GRM and an estimated 4.78% CAP Rate.

Listing Status:

Pending

Date Added:

March 25, 2026

Data Last Updated:

May 20, 2026 at 11:18PM

Listing Office:

Arc Realty : 949-216-8200

Listing Agent:

John Babai : 949-216-8200

MLS ID:

OC26064651

Interior

• General: Built-in FeaturesCathedral Ceiling(s)Open FloorplanPantryQuartz CountersRecessed LightingAll Bedrooms DownBedroom on Main LevelMain Level PrimaryPrimary Suite
• Appliances: DishwasherFree-Standing RangeDisposalGas RangeMicrowaveRefrigeratorDryerWasher
• Laundry: Laundry RoomStacked
• Flooring: TileWood
• A/C: Central Air
• Heating: Central
• Fireplace: None
• Disability Feature: No Stairs

Exterior

• General: None
• Style: Ranch
• Pool: None
• Parking: Door-SingleDrivewayGarageGatedRV PotentialParking spaces: 6

Construction

• Roofing: Composition
• Windows: Double Pane WindowsDrapes
• General: Stucco1Raised

Location

• Road/Access: City Street
• HOA Amenities: 0.0
• Originating MLS: CRMLS_CRM
• County: Orange

Lot

• Zoning: 04103317
• View: None
• Fencing: BlockWoodWire

Utilities

• Utilities: Standard
• Water: Public
• Sewer: Public Sewer

Financial

• Source: CRMLS_CRM