3518 -3522 W Park Central, Orange, California 92868, Orange, 92868 - 6 bed, 6 bath
ACTIVE UNDER CONTRACT$1,525,000$3,164/sqft
3518 -3522 W Park Central, Orange, California 92868
6Beds
6Baths
3,164Sqft
6,970Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income Generating Potential: Offers a versatile investment opportunity as a rental income property or a desirable owner-occupant scenario with supplemental rental income from the second unit.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6970, other record lot size in square feet = 7202.
Compared to the nearby listings
Price:$1.52M vs avg $1.43M (+$95,000)50%
Size:3,164 sqft vs avg 2,630 sqft50%
Price/sqft:$482 vs avg $55950%
More Insights
Built in 1977 (49 years old).
Condition: Built in 1977, the property is well-maintained with functional systems like central AC/heat and updated plank vinyl flooring in some areas. However, the bathrooms feature dated vanities and fixtures, and the overall aesthetic, including basic light fixtures and vertical blinds, reflects its age. The absence of kitchen images, combined with the explicit mention in the property analysis that kitchens and bathrooms may require updates to align with contemporary standards, indicates that while move-in ready, it requires minor cosmetic updates to modernize.
Year Built
1977
Close
-
List price
$1.52M
Original List price
$1.52M
Price/Sqft
$482
HOA
$81
Days on market
-
Sold On
-
MLS number
NP25276210
Home ConditionFair
Features
Patio
ViewNeighborhood
About this home
Great opportunity as a rental income property or live in one, and rent out the other. Two spacious side-by-side units of approx 1465sf, each with a two-car attached garage with washer/dryer in garage. Both units are two-story units, each with three bedrooms and 2.5 baths. #3518 includes a bonus room which makes a great office with its own entrance/exit. Primary suite in each unit has a bathroom en suite. A hallway bathroom services the two secondary bedrooms. Both have been professionally maintained and feature carpet and plank vinyl flooring. Central air conditioning and heat. Conveniently located near shopping and dining at The Block of Orange, as well as the 5, 57 and 22 freeways.
K
Katie Machoskie
Listing Agent
Price History
Date
Event
Price
05/08/97
Sold
$220,500
Condition Rating
Fair
Built in 1977, the property is well-maintained with functional systems like central AC/heat and updated plank vinyl flooring in some areas. However, the bathrooms feature dated vanities and fixtures, and the overall aesthetic, including basic light fixtures and vertical blinds, reflects its age. The absence of kitchen images, combined with the explicit mention in the property analysis that kitchens and bathrooms may require updates to align with contemporary standards, indicates that while move-in ready, it requires minor cosmetic updates to modernize.
Pros & Cons
Pros
Income Generating Potential: Offers a versatile investment opportunity as a rental income property or a desirable owner-occupant scenario with supplemental rental income from the second unit.
Spacious & Functional Unit Layouts: Each of the two-story units provides a generous 1465 sqft with 3 bedrooms and 2.5 baths, including an en-suite primary, and one unit features a bonus room with a separate entrance, enhancing living flexibility.
Modern Comforts & Professional Maintenance: Equipped with central air conditioning and heat, and described as professionally maintained with updated flooring, ensuring comfortable living and reduced immediate upkeep concerns.
Prime Location & Accessibility: Strategically located near major freeways (5, 57, 22) and popular retail/dining at The Block of Orange, offering exceptional convenience for residents.
Desirable Garage & Laundry Amenities: Each unit benefits from a private two-car attached garage, complete with in-garage washer/dryer hookups, providing significant convenience and storage.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6970, other record lot size in square feet = 7202.
Recurring Association Fee: The presence of an $81.0 monthly association fee for a duplex may be an unexpected recurring expense for buyers, potentially impacting net income for investors or increasing costs for owner-occupants.
Age of Property & Potential for Updates: Built in 1977, the property is nearly five decades old. While maintained, it may require future updates to kitchens, bathrooms, or other systems to align with contemporary aesthetic preferences and efficiency standards.
Standard Neighborhood View: The property offers a standard 'Neighborhood' view, lacking any distinctive scenic vistas (e.g., city lights, hills, or water) that some buyers might seek in this price range.