2543 E Locust, Orange, California 92867, Orange, 92867 - 4 bed, 3 bath
2543 E Locust
Orange, California 92867
Property Price
SUMMARY
Analysis of 2543 E Locust, Orange, California 92867 reveals a Prime Investment Opportunity with a current list price of $1,050,000—significantly undercutting the $1,154,854 Fair Market Value by 9%. This valuation gap indicates a +$104,854 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Orange Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2543 E Locust Subject | $1,050,000* List Price | 4 | 3 | 1,792 | $644 | - |
A 811 N Handy Street Sold | $1,050,000 | 4 | 3 | 1,732 | $606 | 0.2 mi |
B 380 N Sacramento Sold | $1,200,000 | 4 | 2 | 1,669 | $719 | 0.8 mi |
C 2438 E Garfield Sold | $1,265,000 | 4 | 2 | 1,668 | $758 | 0.4 mi |
D 2225 E Quincy Sold | $1,050,000 | 3 | 2 | 1,806 | $581 | 0.3 mi |
E 751 N Clinton Street Sold | $965,000 | 4 | 2 | 1,537 | $628 | 0.3 mi |
F 1437 N Kathleen Sold | $1,299,500 | 4 | 2 | 1,746 | $744 | 0.6 mi |
G 1420 N Sacramento Active | $1,250,000 List Price | 4 | 3 | 2,215 | $564 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and well-maintained with several significant updates. It features a modernized chef's kitchen with a center island, updated bathrooms with custom tile work, and fresh interior paint throughout. The home also includes functional major systems such as central HVAC and solar panels. While the 1960 build date and some finishes suggest renovations occurred more than 5 years ago, the overall quality and lack of deferred maintenance meet the criteria for a 'good' condition score.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the highly desirable Villa Park High School neighborhood, this property offers excellent long-term value and access to top-tier educational facilities.
- Energy Efficiency
The home is equipped with solar panels, providing significant energy savings and an eco-friendly footprint for the modern homeowner.
- Modernized Chef's Kitchen
The kitchen features a center island with pendant lighting, ample cabinetry, and a pantry, creating a bright and functional space for cooking and entertaining.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1792, other record living area = 1519. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Vintage Infrastructure
Built in 1960, the home may require attention to aging systems or structural components typical of properties from this era despite recent cosmetic updates.
- Limited Yard Space
With a 6,000 sqft lot accommodating a pool and a nearly 1,800 sqft structure, the remaining usable green space or garden area is relatively compact.
About 2543 E Locust
Fantastic purchase opportunity on this spacious 4 br 2.5 ba single story pool home located in the heart of Orange within the popular Villa Park High school neighborhood. Fresh interior paint throughout the home. Some of the highlights of this home include the following: A great curb appeal with semi circular driveway, formal living room with fireplace, crown molding, open and bright chef's kitchen with ample cabinets and pantry, recessed lights, center island with pendant lights, separate family room, recently added bedroom (with City permit), hallway bath with custom tiled tub wall and newer vanity, nice size bedrooms with original hardwood exposed, ceiling fans throughout, forced air heating and central air conditioning, sparkling pool, 2 car direct access garage, laundry area in garage, low maintenance backyard, and solar panels for energy savings. Don't miss out!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 6,000 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 55% |
| Square foot | 1,792 | 1,828.5 | 47% |
| Lot Size | 6,000 | 7,900 | 8% |
| Price | $1.05M | $1.23M | 28% |
| Price per sq ft | $586 | $634 | 30% |
| Built year | 1960 | 1964 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 177 | 3% |
Pricing History
Listed for Sale
Jan 22, 2026
$1,050,000
Initial Listing