
Orange, California 92869
This property presents a High-Potential Investment Opportunity with a List Price of $1,195,000—positioned above the $1,101,379 Fair Market Value. While the property lacks immediate equity, its 4-bedroom plus bonus room layout and permitted rear structure offer significant value-add potential. With a Condition Rating of 4, the home requires cosmetic updates to modernize its 1962 infrastructure. The 7,000-square-foot lot and proximity to the 55 Freeway provide a solid foundation for long-term appreciation. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a customizable project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 225 N Malena Drive Subject | $1,195,000* List Price | 4 | 2 | 1,732 | $636 | - |
A 478 N Swidler Sold | $1,162,500 | 4 | 3 | 1,881 | $618 | 0.5 mi |
B 3801 E Spring Street Sold | $950,000 | 5 | 3 | 1,881 | $505 | 0.6 mi |
C 4024 E Del Valle Sold | $1,145,000 | 5 | 3 | 2,145 | $534 | 0.8 mi |
D 547 S Yorba Street Sold | $925,000 | 3 | 1 | 1,571 | $589 | 0.8 mi |
E 328 S Violet Lane S Sold | $1,375,000 | 3 | 3 | 2,364 | $582 | 0.5 mi |
F 529 N Eddington Sold | $1,181,500 | 3 | 2 | 1,786 | $662 | 0.6 mi |
G 471 S Rosalind Drive Active Under Contract | $998,000 List Price | 3 | 2 | 1,392 | $717 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962, this property exceeds the 50-year age mark without mention of recent major renovations to the kitchen, bathrooms, or systems. The exterior shows signs of deferred maintenance (patchy landscaping), and the description focuses on 'opportunity' and room count rather than modern upgrades, suggesting the interior is likely dated and requires cosmetic updates.
The property offers exceptional versatility with 4 bedrooms plus a bonus room and an additional permitted rear structure, ideal for large families or multi-generational living.
Conveniently situated near the 55 Freeway and major shopping hubs, providing excellent accessibility for commuters and easy access to local amenities.
A generous 7,000-square-foot lot provides ample outdoor space for recreation, gardening, or potential future improvements in a well-established neighborhood.
Constructed in 1962, the home likely requires updates to its original systems and cosmetic finishes to meet modern aesthetic and efficiency standards.
The property lacks any significant scenic views, which may be a disadvantage compared to other listings in the surrounding Orange Park Acres area.
An excellent opportunity: a property featuring 4 bedrooms plus a bonus room that can serve as a 5th bedroom, along with an extra bathroom—making for a total of 3 full bathrooms. There is also an additional permitted room located outside at the rear of the property. Conveniently situated near the 55 Freeway and shopping areas.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.7 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,732 | 1,852.159 |
| Lot Size | 7,000 | 7,212.134 |
| Price | $1.20M | $1.31M |
| Price per sq ft | $690 | $692 |
| Built year | 1962 | 1964 |
| HOA | $0 | $151 |
| Days on market | 15 | 48 |
Aug 25, 2026
$1,195,000
Initial Listing
Nov 22, 2022
$995,000
Public Record
Oct 18, 2006
$679,000
Public Record
Apr 19, 2002
$320,000
Public Record
Jan 29, 2002
$233,000
Public Record