116 E Hoover, Orange, California 92867, Orange, 92867 - 3 bed, 3 bath
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116 E Hoover
Orange, California 92867
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,489Sq Ft
6,328Lot Size
Property Price
LIST PRICE$899,000
EST. MARKET VALUE
$964,806
6% BelowMARKET VALUE
SUMMARY
This Single Family Residence represents a Strong Value Opportunity, listed at $899,000—positioned well below the $964,807 Fair Market Value by 6%. This valuation gap offers $65,807 in Instant Equity for the next owner. Featuring a Fair Condition Rating, the property provides a solid foundation for value-add renovations. With a Generous 6,328 sq. ft. Lot and a High Bath-to-Bed Ratio, this home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term wealth in the desirable Orange Unified district.
Estimated Market Value
$964,806+$65,806 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Orange.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 116 E Hoover Subject | $899,000* List Price | 3 | 3 | 1,489 | $648 | - |
A 315 E Wilson Sold | $1,100,000 | 4 | 3 | 1,636 | $672 | 0.1 mi |
B 834 N Grand Street Sold | $1,150,000 | 4 | 2 | 1,600 | $719 | 0.5 mi |
C 622 E Lomita Sold | $1,130,000 | 4 | 2 | 1,662 | $680 | 0.6 mi |
D 1036 E Trenton Sold | $1,046,000 | 3 | 2 | 1,386 | $755 | 0.6 mi |
E 834 N Grand Street Sold | $1,150,000 | 0 | 0 | 1,600 | $719 | 0.5 mi |
F 1320 E Trenton Sold | $1,025,000 | 3 | 2 | 1,450 | $707 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1958, this home is well-maintained but dated. While it features some updates like recessed lighting and vinyl windows, the prominent green and blue carpeting and overall interior styling suggest the kitchen and baths are likely 20+ years old and need modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the highly sought-after Old Towne Orange area, the property offers exceptional proximity to historic dining, shopping, and major transportation routes.
- High Bath-to-Bed Ratio
With 3 bathrooms for a 3-bedroom home, this property provides a superior level of convenience and privacy rarely found in mid-century residences of this size.
- Generous Lot Size
The 6,328 sq. ft. lot offers ample outdoor space for entertaining and provides significant potential for future expansions or the addition of an Accessory Dwelling Unit (ADU).
CONSRISKS & DEFICIENCIES
- Dated Interior Potential
Built in 1958 and marketed as a 'solid foundation to make your own,' the home likely requires cosmetic or system updates to meet modern luxury standards.
- Lack of Scenic Views
The property lacks any significant views, which may be a disadvantage for buyers prioritizing panoramic vistas or elevated perspectives.
About 116 E Hoover
Welcome to 116 E Hoover Ave, a well-maintained 3-bedroom, 3-bathroom home in the heart of Orange. Lovingly cared for over the years, this property offers approximately 1,489 sq. ft. of living space on a spacious 6,328 sq. ft. lot. The home features a functional floor plan, generous outdoor space, and a solid foundation for its next owner to make it their own. Ideally located near schools, shopping, dining, parks, and major transportation routes, this is a wonderful opportunity to own a home in a desirable Orange neighborhood.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1958
- Lot Size
- 6,328 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 3.0 | 2.5 |
| Square foot | 1,489 | 1,852.159 |
| Lot Size | 6,328 | 7,212.134 |
| Price | $899.0K | $1.31M |
| Price per sq ft | $604 | $692 |
| Built year | 1958 | 1964 |
| HOA | $0 | $151 |
| Days on market | 8 | 48 |
Pricing History
Listed for Sale
Sep 1, 2026
$899,000
Initial Listing