3440 W Park Balboa, Orange, California 92868, Orange, 92868 - 6 bed, 6 bath
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Orange, California 92868
This Versatile Income-Producing Duplex is a Strong Value Opportunity, listed at $1,449,000—positioned well below the $1,549,000 Fair Market Value by 6%. This valuation gap provides $100,000 in Instant Equity for the incoming buyer. Featuring a Condition Rating of 3, the property includes one recently upgraded unit with quartz countertops and new flooring, while both residences offer spacious 3-bedroom layouts and private patios. Located near UCI Medical Center within the Orange Unified School District, this is an ideal acquisition for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3440 W Park Balboa Subject | $1,449,000* List Price | 6 | 6 | 3,164 | $490 | - |
A 3632 -3636 W Park Central Sold | $1,395,000 | 5 | 5 | 2,635 | $529 | 0.1 mi |
B 3642 -3646 W Park Central Ave Sold | $1,410,000 | 5 | 5 | 2,635 | $535 | 0.1 mi |
C 3518 -3522 W Park Central Active | $1,490,000 List Price | 6 | 6 | 3,164 | $471 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a 1977 duplex where one unit has been recently renovated with modern LVP flooring, quartz countertops, fresh interior paint, and recessed lighting. While the building age is over 40 years, the visible unit is in move-in ready condition with updated kitchen and bathroom features. The overall assessment reflects the high quality of the recent interior improvements, despite the property being a partial renovation.
Each unit features a spacious 3-bedroom, 2.5-bathroom configuration with a direct-access two-car garage, a rare and highly desirable setup that maximizes rental income and attracts long-term tenants.
The property is ideally situated near UCI Medical Center, The Outlets at Orange, and major freeway corridors, ensuring low vacancy rates due to its proximity to major employment and entertainment hubs.
With one unit recently upgraded with new flooring, countertops, and fresh paint, an owner-occupant or investor can benefit from immediate move-in readiness or market-rate rental income for half the property.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =871, other record lot size in square feet = 7945.
Only one of the two units has been recently renovated, suggesting the second unit may require significant capital expenditure to bring it up to the same modern standard and rental value.
The extremely small lot size relative to the building square footage indicates a lack of private yard space, which may limit the property's appeal to tenants with pets or those seeking outdoor lifestyle amenities.
This perfect duplex offers two attached multi unit residences, each featuring its own direct-access two-car garage. Both units provide 3 bedrooms and 2.5 bathrooms with approximately 1,600 square feet of living space, offering a roomy and functional layout. One unit recent upgrades include, new flooring, counter tops, painted cabinets and interior paint. Situated in a peaceful neighborhood, this property is ideal for an owner-occupant looking to live in one unit and rent the other, or for an investor seeking strong potential. Conveniently located near shopping at The Outlets at Orange (The Block), UCI Medical Center, and easy freeway access.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 2.5 | 83% |
| Baths | 6.0 | 2.5 | 83% |
| Square foot | 3,164 | 2,635 | 67% |
| Lot Size | 871 | 6,538.5 | 17% |
| Price | $1.45M | $1.40M | 67% |
| Price per sq ft | $458 | $532 | 33% |
| Built year | 1977 | 1970 | 50% |
| HOA | $0 | $40 | 50% |
| Days on market | 61 | 158 | 17% |
Mar 26, 2026
$1,449,000
$1,549,000
-6% Price Drop
Initial Listing
Feb 20, 2026
$1,549,000
Initial Listing
Dec 28, 2004
$728,000
Public Record
Aug 31, 2001
$356,000
Public Record