
Orange, California 92867
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,200,000—positioned above the $1,075,176 Fair Market Value. While currently priced for the market, the property’s Condition Rating of 3 and proximity to Chapman University provide significant long-term stability. Featuring a modernized kitchen and a spacious deck, this home offers immediate rental appeal or comfortable living. Its strategic location in the Orange Unified district makes it a compelling asset for Buy-and-Hold Investors or first-time buyers seeking a well-maintained home in a high-demand academic hub.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 331 E Barkley Subject | $1,200,000* List Price | 3 | 2 | 1,379 | $780 | - |
A 1409 E Orange Grove Sold | $1,015,000 | 3 | 2 | 1,350 | $752 | 0.7 mi |
B 504 E Barkley Sold | $1,280,000 | 3 | 2 | 1,756 | $729 | 0.1 mi |
C 622 E Lomita Sold | $1,130,000 | 4 | 2 | 1,662 | $680 | 0.2 mi |
D 1344 E Mayfair Sold | $1,200,000 | 3 | 2 | 1,338 | $897 | 0.7 mi |
E 315 E Oakmont Sold | $1,180,000 | 3 | 2 | 1,600 | $738 | 0.1 mi |
F 123 E Wilson Active | $1,045,000 List Price | 3 | 2 | 1,398 | $747 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1958, the property has undergone significant renovations likely within the 5-15 year range. The kitchen is fully updated with stainless steel appliances, stone countertops, a farmhouse sink, and modern cabinetry. The interior shows well-maintained hardwood flooring and updated fixtures, and the exterior HVAC condenser appears relatively modern, making it move-in ready.
Situated near Old Towne Orange and Chapman University, this property offers exceptional access to historic dining, shopping, and academic facilities in a highly sought-after neighborhood.
The proximity to a major university and the historic district makes this an ideal candidate for a high-demand rental property or a stable long-term asset for investors.
The nearly 6,000 square foot lot provides a spacious backyard, offering significant potential for outdoor entertaining, gardening, or future ADU possibilities.
Built in 1958, the home likely requires modern updates to its core systems and interior finishes to meet contemporary standards and maximize its market value.
The property does not offer any significant views, which may be a drawback for buyers prioritizing the aesthetic appeal of the surrounding landscape or city lights.
Welcome to this charming single-story home ideally located near the heart of Old Towne Orange and just minutes from Chapman University. Offering 3 bedrooms, 2 bathrooms, and approximately 1,379 square feet situated on a nearly 6,000 square foot lot, this quaint residence blends character, warmth, and convenience in one of Orange’s most desirable neighborhoods. The spacious living areas create a welcoming atmosphere perfect for everyday living and entertaining alike, while the generously sized backyard offers endless possibilities for outdoor gatherings, gardening, or simply relaxing in a private setting. Enjoy the timeless charm of the surrounding community with nearby vintage homes, tree-lined streets, local dining, shopping, and easy access to the historic Orange Plaza. Whether you are looking for your first home, downsizing, or seeking an investment opportunity close to Chapman University, this delightful property offers comfort, charm, and an unbeatable location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 37% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 1,379 | 1,955.5 | 11% |
| Lot Size | 5,995 | 7,684 | 8% |
| Price | $1.20M | $1.33M | 33% |
| Price per sq ft | $870 | $666 | 93% |
| Built year | 1958 | 1963 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 136 | 4% |
May 28, 2026
$1,200,000
Initial Listing