1324 E Chapman, Orange, California 92866, Orange, 92866 - 2 bed, 2 bath
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1324 E Chapman
Orange, California 92866
ACTIVE
CONDITION: GOOD
2Beds
2Baths
2,163Sq Ft
6,534Lot Size
Property Price
LIST PRICE$1,499,000
EST. MARKET VALUE
$1,432,342
4% AboveMARKET VALUE
SUMMARY
This Spanish Revival Commercial Asset is a unique offering listed at $1,499,000, positioned slightly above the $1,432,342 Fair Market Value. While not a discount play, the property provides a rare Office Professional Zoning designation and a prestigious Chapman Avenue presence. With a Condition Rating of 3, the structure features a new roof, updated plumbing, and electrical systems, minimizing immediate capital expenditure. Its museum-quality architecture and five dedicated parking spaces create a distinct competitive advantage. This is an ideal acquisition for Boutique Professional Firms or Owner-Occupant Business Owners seeking a high-visibility headquarters.
Estimated Market Value
$1,432,342
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 |
|---|---|---|---|---|---|---|
★ 1324 E Chapman Subject | $1,499,000* List Price | 2 | 2 | 2,163 | $662 | - |
A 359 N Harwood Sold | $1,420,000 | 4 | 4 | 2,016 | $704 | 0.5 mi |
B 537 S Gardner Sold | $1,250,000 | 3 | 2 | 1,893 | $660 | 0.5 mi |
C 535 S Orange Street Sold | $1,350,000 | 3 | 3 | 1,663 | $812 | 0.9 mi |
D 155 S Lincoln Sold | $1,350,000 | 4 | 2 | 1,728 | $781 | 0.1 mi |
E 1133 E Sycamore Sold | $1,350,000 | 3 | 2 | 1,840 | $734 | 0.4 mi |
F 255 N Waverly Street Sold | $1,270,000 | 3 | 2 | 1,668 | $761 | 0.3 mi |
G 1218 E Chalynn Avenue Sold | $1,220,000 | 3 | 2 | 1,520 | $803 | 0.5 mi |
H 155 N Cleveland Street Sold | $1,825,000 | 4 | 2 | 2,303 | $792 | 0.5 mi |
I 317 N Waverly Pending | $1,225,000 List Price | 3 | 2 | 1,456 | $841 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While originally built in 1926, the property has been well-maintained and features critical system upgrades including a new roof, upgraded plumbing, and updated electrical. The kitchen is functional with stainless steel appliances and stone countertops, and the bathrooms are move-in ready, though some interior finishes like the patterned carpeting and specific tile work reflect an older renovation style.
PROSSTRENGTHS & OPPORTUNITIES
- Historic Architectural Character
This 1926 Spanish Revival features a unique 'Campanario' bell tower and museum-quality interior details, offering unmatched prestige and aesthetic appeal for a professional setting.
- Strategic Professional Zoning
Zoned for Office Professional use with a prestigious Chapman Avenue presence and five dedicated parking spaces, it is perfectly positioned for a high-end boutique firm or practice.
- Modernized Infrastructure
Significant recent upgrades including a new roof, updated plumbing, and electrical systems provide peace of mind and reduce immediate capital expenditure for a historic asset.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6534, other record lot size in square feet = 7879. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2163, other record living area = 1562.
- Premium Pricing for Residential Use
The $1.499M list price represents a significant premium for a 2-bedroom property, as the value is heavily driven by its commercial zoning rather than residential utility.
- Historic Maintenance Demands
As a nearly century-old structure with intricate tilework and specialized finishes, the property may require higher-than-average ongoing maintenance to preserve its historic integrity.
About 1324 E Chapman
Far from an ordinary office setting, this Palatial Spanish Revival is crowned by an iconic “Campanario” bell tower and offers over 2,000 sq. ft. of Extraordinary Character with 5 parking spaces. Just blocks from Old Towne Orange! Arched openings, Santo-style niches, Adobe-inspired wall texture, and dynamic, ornate tilework across floors and walls create a rich Old World Ambiance with a Bowers Museum-like feel. Thoughtfully refreshed with fresh interior paint, a new roof, upgraded plumbing and electrical, and revitalized landscaping. Zoned Office Professional with a prestigious Chapman Avenue presence. Truly one of a kind!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1926
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 2
- 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 | 2.0 | 3.7 |
| Baths | 2.0 | 2.5 |
| Square foot | 2,163 | 1,852.159 |
| Lot Size | 6,534 | 7,212.134 |
| Price | $1.50M | $1.31M |
| Price per sq ft | $693 | $692 |
| Built year | 1926 | 1964 |
| HOA | $0 | $151 |
| Days on market | 30 | 48 |
Pricing History
Listed for Sale
Aug 10, 2026
$1,499,000
Initial Listing
Sold
Sep 28, 2001
$400,000
Public Record