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Duplex Income Property with Rear Yard
New
For Sale
$1,475,000

526 N Emerald Dr, Orange, CA 92868

Two residences are leased through August 2027, with separate living spaces and off-street parking.

Property Size1,927 SF
Price / SF$765.44
Days on Market2

Property Features for 526 N Emerald Dr

General Information

Standard status Active
Size 1,927 SF
Property subtype Multi-Family
Occupancy 100%

Financials

Asking Price $1,475,000
Cap Rate 4.41%
Gross Income $83,400
Gross Rent Multiplier 17.69

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 1 x 4BR/2BA, 1 x 1BR/1BA
Multifamily Units 2

Amenities

covered patio
mature front landscaping
stone walkway
long driveway
carport
off-street parking
fireplace
hardwood flooring
tile flooring
dual-pane windows
granite countertops
stainless appliances

Building Details

Year Built 1956
Tenancy Multi
Listing Agency:
Listed By: Anvil Real Estate
Source: Anvilreinc
Added: Aug 30 Changed: Aug 31 Last Checked: Aug 31 at 3:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Anvil Real Estate

Investment Insights

Based on property information with market context.

This duplex includes a 1,522-square-foot main residence with four bedrooms and two bathrooms, plus a 405-square-foot one-bedroom, one-bath residence created through a permitted garage conversion completed in 2026. The primary home retains mid-century details, including vaulted beamed ceilings, hardwood and tile floors, dual-pane windows, an open living area, and a fireplace. Its kitchen includes oak cabinetry, granite counters, a wine rack, stainless appliances, a gas range, and a dishwasher. The smaller residence is newly constructed throughout and remains under contractor warranty.

Both units are leased through August 2027, and tenants pay all utilities. Exterior features include a covered patio, mature front landscaping, a stone walkway, a long driveway, a carport, off-street parking, and a level rear yard. The property is located at 526 N Emerald Dr in Orange, near Chapman University, the Orange Circle, Old Towne dining and shopping, Metrolink, St. Joseph Hospital, UCI Health, and access to the 55 and 22 freeways.

Key Highlights

  • Duplex configuration with 1,927 square feet across two residences
  • Main residence offers 4BR/2BA and 1,522 sq.ft.
  • Second residence provides 1BR/1BA and 405 sq.ft.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Butcher Pet Store Pet Store & Service Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,771
Businesses Nearby

Demographics for 92868, CA

27,127
Population
9,105
Households
3
Avg Household Size
34
Median Age
36%
College-Educated
85%
High-School Grad
3.4 sq mi
ZIP Area
7,979
Density / Sq Mi
$89,050
Median Household Income
$45,978
Median Earnings
$2,356
Median Rent
$714,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residences are leased through August 2027, with separate living spaces and off-street parking.
Where is this duplex located?
The property is located at 526 N Emerald Dr Orange, CA.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: Duplex configuration with 1,927 square feet across two residences; Main residence offers 4BR/2BA and 1,522 sq.ft.; Second residence provides 1BR/1BA and 405 sq.ft.
More about this property
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