1139 W Sycamore, Orange, California 92868, Orange, 92868 - 4 bed, 2 bath
1139 W Sycamore
Orange, California 92868
Property Price
SUMMARY
Analysis of 1139 W Sycamore, Orange, California 92868 reveals a property with a current list price of $1,050,000, which is 7% above the estimated $968,486 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Orange Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1139 W Sycamore Subject | $1,050,000* List Price | 4 | 2 | 1,293 | $749 | - |
A 526 N Emerald Drive Sold | $1,061,000 | 4 | 2 | 1,527 | $695 | 0.2 mi |
B 522 N Clark Street Sold | $850,000 | 3 | 2 | 1,146 | $742 | 0.3 mi |
C 526 N Emerald Drive Sold | $1,061,000 | 1,527 | $695 | 0.2 mi | ||
D 1006 W Maple Avenue Sold | $960,000 | 3 | 1 | 1,041 | $922 | 0.3 mi |
E 2425 W Palm Avenue Sold | $890,000 | 3 | 2 | 1,273 | $699 | 0.8 mi |
F 1305 W Beverly Drive Sold | $1,220,000 | 5 | 2 | 1,763 | $692 | 0.1 mi |
G 132 N Jewell Pending | $1,098,888 List Price | 4 | 2 | 1,659 | $662 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property was built in 1958, making it over 60 years old. While the home appears well-maintained, the kitchen features honey oak cabinets, speckled countertops, and black appliances, which suggest a renovation that is likely 15-30 years old, not recent. The consistent tile flooring throughout is practical but not a modern high-end finish. The presence of a window AC unit in one bedroom indicates potential limitations or age of the central cooling system. Overall, the property is functional and maintained but shows clear signs of being outdated and would benefit from minor updates to meet current aesthetic and efficiency standards.
PROSSTRENGTHS & OPPORTUNITIES
- Strong Rental Income & Lease in Place
The property is currently rented at $5,700 per month through June 2026, providing immediate and consistent cash flow for an investor.
- Prime Location
Located in a highly preferred neighborhood near Chapman University, the historic Orange Plaza, local shops, dining, and parks, ensuring high demand and desirability.
- Significant Value-Add Potential
Opportunity to add an ADU or convert the garage, which could generate an estimated $2,000 to $2,500 in additional monthly rent, substantially increasing income and property value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Listed Above Estimated Value
The current list price of $1,050,000 is 7% higher than the property's estimated value of $974,269.755, suggesting it may be overpriced relative to market analytics.
- Older Construction
Built in 1958, the property is over 60 years old, which may imply a need for updates to systems, finishes, or a higher potential for maintenance compared to newer homes.
About 1139 W Sycamore
4 bedroom, 2 bathroom home located in one of the most preferred neighborhoods near Chapman University. The property is rented at $5,700 per month through 6/30/2026, offering strong and consistent income. Once the lease ends, the home is well suited for a future occupant or for continued rental use. The location provides convenient access to Chapman, the historic Orange Plaza, local shops, dining, and parks. The layout features comfortable living spaces, spacious bedrooms, and a backyard that can be enjoyed year round. There is also an opportunity to add value. Many investors in the area explore an ADU or garage conversion, which can generate an estimated $2,000 to $2,500 in additional rent depending on design and approvals. This is a rare chance to own a fully leased property in a high demand Orange neighborhood close to everything.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1958
- Lot Size
- 6,280 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 68% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,293 | 1,521 | 23% |
| Lot Size | 6,280 | 6,408 | 39% |
| Price | $1.05M | $995.0K | 61% |
| Price per sq ft | $812 | $667 | 84% |
| Built year | 1958 | 1955 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 114 | 186 | 13% |
Pricing History
Listed for Sale
Nov 13, 2025
$1,050,000
Initial Listing
Sold
Apr 18, 2014
$465,000
Public Record
Sold
Jan 31, 2000
$216,500
Public Record