
Orange, California 92867
This Turnkey Multi-Generational Residence is a Strong Value Opportunity, listed at $1,425,000—positioned slightly above the $1,363,841 Fair Market Value. While priced at market, the property offers exceptional utility through its permitted ADU, upgraded granite kitchen, and private spa. With a Condition Rating of 3, this move-in ready home provides immediate lifestyle benefits and income-generating potential on an expansive 8,856 sq.ft. lot. Its strategic location near Chapman University and major freeways ensures long-term stability. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, high-quality asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2929 E Hamilton Subject | $1,425,000* List Price | 3 | 3 | 1,972 | $692 | - |
A 3132 E Locust Sold | $1,257,000 | 4 | 2 | 1,816 | $692 | 0.5 mi |
B 2515 E Orange Grove Sold | $1,250,000 | 3 | 2 | 1,643 | $761 | 0.3 mi |
C 741 N Handy Street Sold | $1,175,000 | 3 | 2 | 1,518 | $774 | 0.3 mi |
D 2705 E Orange Grove Avenue Sold | $1,305,000 | 4 | 2 | 1,578 | $827 | 0.2 mi |
E 3124 E Jacaranda Avenue Sold | $1,100,000 | 5 | 3 | 2,152 | $511 | 0.4 mi |
F 2803 East Jackson Avenue Sold | $1,057,500 | 4 | 2 | 1,619 | $653 | 0.6 mi |
G 2914 E Lomita Active | $1,100,000 List Price | 3 | 2 | 1,262 | $872 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although originally built in 1957, the property has undergone significant renovations likely within the 5-15 year range. The kitchen and bathrooms are upgraded with granite countertops and custom cabinetry, and the home features modern systems including a tankless water heater, soft water system, and mini-split HVAC. The permitted ADU and finished garage further demonstrate high levels of maintenance and functionality, making it move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8856, living area = 1972.
The property features a permitted, fully-equipped ADU with its own entrance, kitchen, laundry, and private yard, offering significant rental income potential or a perfect setup for multi-generational living.
Situated on an expansive 8,856 sq.ft. cul-de-sac lot, the outdoor space is a true retreat featuring a private spa, covered patios with built-in heating, and direct access to the Santiago Creek bike trail.
The main residence contains only two bedrooms, which may limit appeal for larger families who prefer more traditional sleeping quarters within the primary living space.
Originally built in 1957, the property may require ongoing maintenance or further modernization of older structural components despite the high-quality surface upgrades and renovations.
Welcome to this rare ranch-style property positioned at the end of a quiet cul-de-sac on one of the largest and most desirable lots in this established Orange County neighborhood. Set on an expansive 8,856 sq.ft. lot, this thoughtfully upgraded residence offers exceptional flexibility with a MAIN HOME and attached permitted ADU that is highly ideal for multi-generational living, RENTAL INCOME, private guest quarters, or mother-in-law suite. The MAIN residence features approximately 1,400 sq.ft. with 2 spacious bedrooms and 2 upgraded bathrooms, including a primary suite with walk-in closet, reading nook, and serene yard views. The inviting living room centers around a striking wood-burning fireplace and custom built-in media cabinetry. An enclosed sunroom expands the living space and includes a mini-split system and washer/dryer hookups, offering true year-round usability. The upgraded kitchen includes custom wood cabinetry, granite countertops, and a built-in office nook, with an adjacent dining area and convenient ¾ guest bathroom designed for entertaining flow. Privately separated by the 2-car garage, the permitted ADU offers its own entrance, parking, and separate gated backyard enhancing privacy and independence. This 1 bedroom, 1 bathroom unit features an open-concept studio layout with a fully equipped kitchen, granite counters, under-cabinet lighting, 2-burner cooktop, microwave, full-size refrigerator, dining room, recessed lighting, central A/C, and private stackable laundry units. Additional flexible space includes a bonus room or potential detached bedroom, plus a storage shed and direct access to the nearby bike trail. The garage is fully finished with custom cabinetry, workbench, soft water system, and tankless water heater, maximizing functionality and storage. Outdoor living is where this property separates itself—two covered patios, low-maintenance landscaping, café lighting, outdoor fans, built-in heating, roller shades, and a rejuvenating spa create a true year-round private retreat designed for entertaining and relaxation. PRIME Southern California location with quick access to the 55, 22, 57, and 91 freeways. Walking distance to Santiago Creek trail system, parks, shopping, dining, Chapman University, and the historic Orange Circle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,972 | 1,811.5 |
| Lot Size | 8,856 | 7,259 |
| Price | $1.43M | $1.32M |
| Price per sq ft | $723 | $683 |
| Built year | 1957 | 1963 |
| HOA | $0 | $150 |
| Days on market | 18 | 44 |
Jul 4, 2026
$1,425,000
Initial Listing
May 30, 2002
$340,000
Public Record