151 S Parker Street, Orange, California 92868, Orange, 92868 - 0 bed, 0 bath
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Orange, California 92868
This Remodeled Old Towne Orange Duplex is a Strong Value Opportunity, listed at $1,599,000—positioned below the $1,630,027 Fair Market Value by 1%. This valuation gap offers $31,027 in Instant Equity. Featuring a High-Quality Condition Rating, the property includes remodeled kitchens with quartz countertops, updated bathrooms, and a private spa and patio. Located in a historic district, this turnkey multi-family asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking for a premium house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 151 S Parker Street Subject | $1,599,000* List Price | 0 | 0 | 1,991 | $819 | - |
A 130 -132 S Lime Street Active | $1,799,900 List Price | 0 | 0 | 2,105 | $855 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations to both units, including fully remodeled kitchens with quartz countertops and stainless steel appliances, and three updated bathrooms with decorator tile. Major systems and structural components have been addressed with a newer roof, mostly newer windows, and the installation of modern mini-split cooling systems. With newer vinyl plank and tile flooring throughout, the home is in move-in ready condition and meets the standards for a recently renovated high-quality property.
The 'Two on a Lot' configuration with separate 3-bedroom and 2-bedroom units provides exceptional flexibility for multi-generational living or high-yield rental income in a sought-after market.
Both residences have been comprehensively updated with remodeled kitchens, modern bathrooms, newer flooring, and a newer roof, significantly reducing immediate capital expenditure for the buyer.
Situated in the highly desirable Old Towne Orange area, the property benefits from the charm and prestige of a historic district while maintaining proximity to local amenities and employment hubs.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6325, other record lot size in square feet = 6732.
With only a one-car garage assigned to each unit, the property may face parking challenges for multi-car households or guests, which is a common constraint in this high-density area.
The use of mini-splits and wall AC units instead of a unified central HVAC system may be perceived as less efficient or aesthetically less desirable for buyers at this price point.
TWO ON A LOT! Great opportunity to own a remodeled Two on a Lot in Charming Old Towne Orange. Front home is 1,116 square feet with 3 bedrooms, 2 baths and a 1 car attached garage with laundry, tile flooring and fenced front yard. Rear home is 875 Square feet with 2 bedrooms, 1 bath, newer vinyl plank flooring, an attached 1 car garage with laundry and a "To Die For" back yard with a covered patio, above-ground spa and built-in storage shed. Perfect for multi-family or potential income. Recent extensive remodeling include both kitchens and all 3 bathrooms in both units. Mini-Splits and AC wall units, newer flooring, newer roof, mostly newer windows, in both units. Quartz counter tops, stainless steel appliances (rear unit only), decorator tile and so much more! currently use as a multi-family.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,991 | 2,365.5 | 33% |
| Lot Size | 6,325 | 6,612.5 | 50% |
| Price | $1.60M | $1.40M | 83% |
| Price per sq ft | $803 | $586 | 83% |
| Built year | 1956 | 1960 | 50% |
| HOA | $0 | $40 | 50% |
| Days on market | 48 | 158 | 17% |
Mar 5, 2026
$1,599,000
Initial Listing
Oct 6, 2011
$549,500
Public Record
Apr 27, 2004
$400,000
Public Record