
Orange, California 92868
This property presents a High-Potential Investment Opportunity with a List Price of $1,195,000—positioned well above the $948,955 Fair Market Value by -25%. While the pricing reflects a premium, the Fair Condition Rating and unique configuration—featuring a main house, studio, and detached ADU—provide significant rental income potential. Located less than a mile from Chapman University, this asset is ideal for Buy-and-Hold Investors or multi-generational families seeking to leverage the existing ADU and high-demand location for long-term yield.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1103 W W Maple Ave Subject | $1,195,000* List Price | 5 | 3 | 1,131 | $839 | - |
A 2027 W Arbor Way Sold | $930,000 | 4 | 2 | 1,246 | $746 | 0.6 mi |
B 405 S Devon Sold | $950,000 | 3 | 1 | 1,284 | $740 | 0.7 mi |
C 278 N Citrus Active | $1,010,000 List Price | 3 | 2 | 1,297 | $779 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1946, this property is significantly dated with interior features like older built-in closets and fixtures that appear over 30 years old. While the exterior and flooring seem maintained, the 'investor' marketing and age suggest the kitchen, baths, and systems require modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7239, living area = 1131.
The property features a unique multi-unit configuration including a main house, a studio, and a detached ADU, making it an ideal turnkey investment for high-yield rental income.
Situated less than a mile from Chapman University and Downtown Orange, the property is in a high-demand area for students and commuters, ensuring low vacancy rates.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
With five bedrooms and three bathrooms squeezed into only 1,131 square feet, the individual living spaces and rooms are likely exceptionally small.
Built in 1946, the property may require significant updates to major systems like plumbing and electrical to safely support the high-density occupancy of three separate units.
IDEAL INVESTOR LOCATION! Multi-family or home with rental income opportunities. Less than a mile from Chapman University and Downtown Orange. ADU already built! This home offers an exceptional opportunity for investors or multi-generational living. The main home is a THREE bedroom, 1 bathroom. A studio rental opportunity is also part of the main home with a full bathroom. The ADU is across the yard on the north side of the detached garage - 1 bedroom, 1 bathroom, living room, kitchen, washer/dryer hook ups in kitchen area, and front patio space.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,131 | 1,811.5 |
| Lot Size | 7,239 | 7,259 |
| Price | $1.20M | $1.32M |
| Price per sq ft | $1.1K | $683 |
| Built year | 1946 | 1963 |
| HOA | $0 | $150 |
| Days on market | 40 | 44 |
Jul 19, 2026
$1,195,000
$1,249,000
-4% Price Drop
Initial Listing
Jun 12, 2026
$1,249,000
Initial Listing