1688 N Shaffer Street, Orange, California 92867, Orange, 92867 - 4 bed, 3 bath
Loading property details...
Orange, California 92867
This Spacious Multi-Generational Residence is a Prime Investment Opportunity, listed at $1,295,000—positioned well below the $1,346,192 Fair Market Value by 3%. This valuation gap provides $51,192 in Instant Equity for the incoming owner. While maintaining a functional Condition Rating of 4, the home features rare dual master suites and a private backyard with a pool and spa. Located in the Orange Unified School District, it offers significant upside through cosmetic modernization. This is an ideal acquisition for Multi-generational Families or Owner-Occupants seeking a value-add sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1688 N Shaffer Street Subject | $1,270,000* List Price | 4 | 3 | 2,380 | $543 | - |
A 1482 N Grand Sold | $930,000 | 5 | 3 | 2,304 | $404 | 0.3 mi |
B 1127 E Adams Avenue Sold | $1,375,000 | 4 | 3 | 2,061 | $667 | 0.7 mi |
C 1046 E Trenton Sold | $1,000,000 | 4 | 2 | 1,643 | $609 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964 with updates to the flooring, lighting, and bathrooms that appear to be 15-25 years old. While the home is functional and move-in ready, the aesthetic is dated (stone fireplace, older tile work, and weathered patio cover) and will require cosmetic modernization and potential system oversight due to the age of the last major renovation.
The rare inclusion of two master suites, each with a private bathroom, provides excellent flexibility for multi-generational living or high-end guest accommodations.
With 2,380 square feet of living space on a nearly 8,000 square foot lot, this home offers a spacious and functional layout that exceeds the average size for many four-bedroom residences in the area.
The property comes move-in ready with essential appliances, including a refrigerator, washer, and dryer, offering significant added value and convenience for the buyer.
Built in 1964, the home may require cosmetic or systems updates to align with contemporary design trends and modern energy efficiency standards.
While the property is well-situated, the view is limited to the surrounding neighborhood, lacking the premium panoramic or canyon vistas often sought after in this price point.
Exceptional 4-bedroom home with two master suites, each with a private bathroom. Fireplace in the family room and eating area in the kitchen. It includes a two-car garage with plenty of storage. It also includes Washer, Dryer. Refrigerator. Fireplace in the family room
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,380 | 2,032 | 66% |
| Lot Size | 7,935 | 7,756 | 51% |
| Price | $1.27M | $1.34M | 43% |
| Price per sq ft | $534 | $660 | 12% |
| Built year | 1964 | 1964 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 135 | 6% |
Jun 5, 2026
$1,270,000
$1,295,000
-2% Price Drop
Initial Listing
May 1, 2026
$1,295,000
Initial Listing
Dec 31, 2008
$280,000
Public Record
Dec 31, 2008
$400,000
Public Record
Jan 8, 2007
$705,000
Public Record