1215 E Mardell, Orange, California 92866, Orange, 92866 - 3 bed, 2 bath
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1215 E Mardell
Orange, California 92866
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,520Sq Ft
6,003Lot Size
Property Price
LIST PRICE$1,025,000
EST. MARKET VALUE
$1,050,247
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,025,000—positioned well below the $1,046,096 Fair Market Value by 2%. This valuation gap offers $21,096 in Instant Equity for buyers. Featuring a Condition Rating of 4, the home retains original vintage character, providing a blank canvas for value-add renovations. With a functional single-level layout and a private patio, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic modernization.
Estimated Market Value
$1,050,247
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 |
|---|---|---|---|---|---|---|
★ 1215 E Mardell Subject | $1,025,000* List Price | 3 | 2 | 1,520 | $691 | - |
A 1218 E Chalynn Avenue Sold | $1,220,000 | 3 | 2 | 1,520 | $803 | 0.1 mi |
B 537 S Gardner Sold | $1,250,000 | 3 | 2 | 1,893 | $660 | 0.2 mi |
C 502 S Gardner Drive Sold | $1,200,000 | 3 | 2 | 1,846 | $650 | 0.1 mi |
D 1339 E Greenview Drive Sold | $1,250,000 | 3 | 2 | 1,709 | $731 | 0.3 mi |
E 317 N Waverly Sold | $1,250,000 | 3 | 2 | 1,456 | $859 | 0.7 mi |
F 1024 E Tularosa Sold | $1,195,000 | 4 | 2 | 1,792 | $667 | 0.2 mi |
G 1314 E Chapman Sold | $1,125,000 | 4 | 1 | 1,339 | $840 | 0.4 mi |
H 915 E La Veta Avenue Pending | $1,085,000 List Price | 3 | 2 | 1,624 | $668 | 0.2 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 1969, this home is well-maintained but retains its original vintage character. The kitchen and bathrooms are significantly dated with original cabinetry and older appliances, requiring modern updates to meet current standards, which aligns with the criteria for properties over 20 years old.
PROSSTRENGTHS & OPPORTUNITIES
- Desirable Single-Level Layout
The functional single-story floor plan offers excellent accessibility and a seamless flow, making it highly sought after for a wide range of buyers, from young families to those looking to downsize.
- Prime Location
Situated in a desirable Orange neighborhood with close proximity to historic Old Towne Orange, local parks, and major commuter routes, providing high lifestyle convenience and long-term value.
- Pride of Ownership
The home has been lovingly maintained and features original character and vintage charm, offering a solid foundation for buyers who appreciate craftsmanship and well-kept properties.
CONSRISKS & DEFICIENCIES
- Dated Interior Condition
The emphasis on 'original character' and 'vintage appeal' suggests that the home likely requires significant cosmetic updates or a full renovation to meet modern aesthetic and functional standards.
- Lack of Scenic Views
The property is noted as having no views, which may be a disadvantage for buyers seeking the scenic outlooks or city lights often found in other parts of the Orange area.
About 1215 E Mardell
Experience the timeless charm of Orange in this delightful single-level 3-bedroom home, offering a rare opportunity to enjoy classic California living. Full of original character and vintage appeal, this home has been lovingly maintained and is perfect for those who appreciate the craftsmanship and style of years past. The functional single-story floor plan provides comfortable living spaces, spacious bedrooms, and an inviting atmosphere that feels like home the moment you walk through the door. Original details throughout create a warm, nostalgic ambiance while offering the comfort and convenience of everyday living. Situated in a desirable Orange neighborhood, you'll enjoy easy access to historic Old Towne Orange, local shopping, dining, parks, schools, and commuter routes. Whether you're relaxing at home or exploring everything the city has to offer, this property provides the perfect blend of character and location. If you've been searching for a home with authentic vintage style and the charm that makes Orange so special, this is one you won't want to miss.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1969
- Lot Size
- 6,003 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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 |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,520 | 1,852.159 |
| Lot Size | 6,003 | 7,212.134 |
| Price | $1.02M | $1.31M |
| Price per sq ft | $674 | $692 |
| Built year | 1969 | 1964 |
| HOA | $0 | $151 |
| Days on market | 40 | 48 |
Pricing History
Listed for Sale
Jul 31, 2026
$1,025,000
Initial Listing
Sold
Mar 8, 2002
$320,000
Public Record
Sold
Mar 30, 1998
$213,000
Public Record