328 Cherry Street, Brea, California 92821, Brea, 92821 - 4 bed, 2 bath
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Brea, California 92821
This Move-In Ready Single-Family Residence represents a Strong Value Opportunity, listed at $1,128,000—positioned well below the $1,175,416 Fair Market Value by 4%. This valuation gap provides $47,416 in Instant Equity. Featuring a Condition Rating of 3, the home includes modern upgrades like a newer roof and high-tech HVAC, while the 9,527 sq. ft. lot offers significant ADU potential. Located in the Brea-Olinda Unified district, this property is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 328 Cherry Street Subject | $1,128,000* List Price | 4 | 2 | 1,785 | $658 | - |
A 544 Firethorne Street Sold | $1,240,000 | 3 | 2 | 1,679 | $739 | 0.6 mi |
B 633 Laurel Avenue Sold | $1,165,000 | 3 | 3 | 1,756 | $663 | 0.2 mi |
C 324 Sequoia Sold | $1,060,000 | 3 | 2 | 1,721 | $616 | 1.0 mi |
D 425 Cherry Sold | $1,195,000 | 3 | 2 | 1,654 | $722 | 0.1 mi |
E 616 Linden Way Sold | $939,562 | 4 | 2 | 1,749 | $537 | 0.8 mi |
F 375 Cedar Pending | $1,050,000 List Price | 4 | 2 | 1,480 | $709 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1954, the property has undergone significant recent renovations including remodeled bathrooms, a newer roof, and a high-tech HVAC system. The interior features updated double-pane windows and well-maintained wood flooring, making it move-in ready, though the kitchen retains some functional but older tile surfaces.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9527, living area = 1785.
The property is ideally situated less than a mile from Downtown Birch Street, Brea Mall, and Craig Park, offering residents exceptional access to shopping, dining, and entertainment.
The oversized 9,583 sq. ft. lot is a rare find in this area, providing ample space for RV parking, a pool, or the construction of an ADU for potential rental income.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1785, other record living area = 1713. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1954, the property may have underlying aged components typical of mid-century homes that require more maintenance than a newer construction.
The listing specifies there is no view, which may be a disadvantage for buyers looking for the hillside or city light vistas often found in the Brea area.
Welcome home to timeless mid-century charm at 328 Cherry St., nestled in one of Brea’s most sought-after neighborhoods, situated on an expansive 9,583 sq. ft. lot, this loved single-story offers 4 bedrooms, 2 bathrooms, and endless possibilities both inside and out. Location, location, location! All less than 1 mile away: Kimmie’s Coffee Cup, Downtown Birch Street, the “renovated” Brea Mall, The Improv, concerts and events at Craig Park and Brea City Hall park & community pool, Community Center, Senior Center, updated grocery and shopping galore, and so much more! The oversized backyard is truly a rare find, offering incredible flexibility for future expansion and outdoor living. Whether you envision a playset for the kids, garden for the green thumb, an ADU, she shed or man cave, a pickleball court, a resort-style pool, or the ultimate entertainment space, this property gives you room to create your dream backyard! Potential ADU income opportunity! Inside, the home blends warmth, character, comfort, beautiful wood flooring in all living areas and tiled bathrooms. Recent improvements include fresh exterior paint, remodeled bathrooms, a newer roof, newer double-pane casement windows, a high-tech ultra-quiet A/C system, furnace filtration system, custom built in desks, bookshelves and cabinets, natural wood ceilings, and stunning wood flooring throughout the home. Step outside and enjoy a spacious backyard designed for relaxing and entertaining, complete with a premium “Master Spa” hot tub included with the home! Additional highlights include a detached 2-car garage, dedicated laundry room, storage shed, extended driveway parking, and potential RV or boat parking along the east side of the property. This move-in ready home offers the perfect combination of location, lifestyle, and value. Don’t miss your chance to make this exceptional property your forever home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 38% |
| Square foot | 1,785 | 2,000 | 38% |
| Lot Size | 9,527 | 7,200 | 83% |
| Price | $1.13M | $1.20M | 33% |
| Price per sq ft | $632 | $600 | 60% |
| Built year | 1954 | 1968 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 128 | 2% |
May 29, 2026
$1,128,000
Initial Listing
Nov 26, 2013
$575,000
Public Record
Jul 11, 2001
$331,500
Public Record
Jun 2, 1995
$193,000
Public Record