360 E La Veta, Orange, California 92866, Orange, 92866 - 2 bed, 1 bath
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Orange, California 92866
This property presents a Strong Value Opportunity with a List Price of $800,000—positioned well below the $847,067 Fair Market Value by 5%. This valuation gap offers $47,067 in Instant Equity for buyers prepared to address the Condition Rating of 5. Featuring a large lot with R6 Zoning potential and ADU capability, this historic Craftsman is a Value-Add Investor asset. It is an ideal acquisition for Contractors seeking a significant restoration project in the historic Old Town Orange district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 360 E La Veta Subject | $800,000* List Price | 2 | 1 | 892 | $950 | - |
A 310 N Waverly Sold | $825,000 | 2 | 1 | 824 | $1,001 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1921 with significant deferred maintenance and no evidence of recent renovations. The 'Cash Only' requirement and 'as-is' status indicate the property likely has safety or system defects that prevent traditional financing. Images show structural issues in outbuildings and the description confirms a need for a total rehab to restore the home.
Situated in the highly desirable Old Town Orange historic district, the property offers exceptional walkability to the Plaza's dining and shopping, as well as proximity to Hart Park.
The oversized lot, ranging from 6,600 to nearly 7,800 square feet, provides a rare opportunity for an ADU or potential multi-unit development under R6 zoning.
This 1921 Craftsman bungalow features sought-after vintage details, including a built-in buffet and original woodwork, offering significant upside for a restoration project.
The property's condition and 'Cash Only' requirement significantly limit the buyer pool by excluding those reliant on traditional mortgage financing.
Located within a historic district, any refurbishments or additions may require a rigorous historic review process, potentially increasing renovation timelines and costs.
For the first time in decades, this craftsman bungalow in the historic district of Old Town Orange is available for sale! This well-loved 2-bedroom, one bath home sets on a huge 6600 square foot lot...a rarity in this area! The city of Orange records the lot as a much more generous 7798...buyer to do their own due diligence regarding this conflicting information. Plenty of room for ADU. Enjoy this low, low price offered for the deferred maintenance of the property. Fix and make it yours! The cute porch, screen door and original solid wood front door with period brass doorknob are sure to welcome the vintage purists. The dining room boasts built-in buffet, and we are hoping the original hardwood floors are awaiting your touch beneath the carpet. This home has great bones and needs a family to bring it back to its former glory! Huge Hart park the next street down Walk to Old Town for shopping, dining and strolling. Two outbuildings on this deep lot are great for storage. Have kids? The treehouse awaits! CASH ONLY for this property. Historic review may be necessary for refurbishing. Possibly zoned up to R6! Bring your tools and imagination! HOME SOLD AS-IS TRUST SALE
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 892 | 1,811.5 |
| Lot Size | 6,600 | 7,259 |
| Price | $800.0K | $1.32M |
| Price per sq ft | $897 | $683 |
| Built year | 1921 | 1963 |
| HOA | $0 | $150 |
| Days on market | 8 | 44 |
Jul 14, 2026
$800,000
Initial Listing