404 Condor Avenue, Brea, California 92823, Brea, 92823 - 4 bed, 3 bath

404 Condor Avenue, Brea, California 92823 home-pic-0

404 Condor Avenue

Brea, California 92823

ACTIVE
CONDITION: GOOD
4Beds
3Baths
1,697Sq Ft
3,434Lot Size

Property Price

LIST PRICE$899,000
EST. MARKET VALUE
$998,012
9% BelowMARKET VALUE

SUMMARY

Analysis of 404 Condor Avenue, Brea, California 92823 reveals a Prime Investment Opportunity with a current list price of $899,000—significantly undercutting the $998,012 Fair Market Value by 9%. This valuation gap indicates a +$99,012 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Brea Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$998,012 +$99,012 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Brea.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
404 Condor Avenue
Subject
$899,000*
List Price
431,697$588-
A
427 Redtail
Sold
$1,000,000331,473$6790.0 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is in move-in ready condition with significant modern updates. Although built in 2001, the kitchen has been updated with quartzite countertops, white cabinetry, and stainless steel appliances. The home features contemporary flooring, recessed lighting, and vaulted ceilings. It shows minimal wear and tear, and while it is not a brand-new construction, the quality of the interior finishes and well-maintained systems align with the 'good' classification.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Location & Community

    Situated in the highly sought-after Olinda Ranch community, the property offers exceptional proximity to top-rated parks, dog parks, and the vibrant shopping and dining of Downtown Brea.

  • Top-Tier Education

    The home is served by the award-winning Brea Olinda Unified School District, with highly-rated elementary and junior high schools nearby, ensuring strong long-term property value.

  • Modern Interior Finishes

    Featuring a bright, open floor plan with premium quartzite countertops, stainless steel appliances, and vaulted ceilings in the primary suite, the home offers contemporary, move-in-ready appeal.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

  • Limited Outdoor Space

    With a lot size of approximately 3,434 square feet, the property offers a relatively small outdoor area, which may be a drawback for buyers seeking a large backyard or significant privacy.

  • Bedroom Configuration

    The fourth bedroom is currently utilized as an open den/loft, which may require additional construction costs for buyers specifically needing a private, enclosed fourth bedroom.

About 404 Condor Avenue

Beautiful, two-story home located in the highly desirable Olinda Ranch community! This home features a bright and open floor plan with 4 bedrooms, 2.5 bathrooms with 1,697 square feet of spacious living space. Spacious living room at the entry includes beautiful fireplace, wired speaker system, and wine refrigerator and is adjacent to the dining room. The beautifully designed kitchen includes plenty of white cabinetry for storage, beautiful quartzite countertop, stainless steel appliances, gas range with overhead microwave, recessed lighting and overlooks the living room. Upstairs features a Large Primary suite with a spacious bedroom area with vaulted ceiling and beautiful bathroom with double sink vanity. Down the hall are two additional spacious bedrooms with plenty of closet space, a beautiful hall bathroom with shower/tub combo.4th bedroom is currently being used as a den/loft area. Additional features of the home include 2 car garage, upstairs laundry, water softener, dual pane windows and so much more! This home is in the Award-Winning Brea Olinda Unified School District and is just a few minutes away from Olinda Ranch Park, Wildcatters Park with 2 Dog Parks, Downtown Brea, Brea Mall, entertainment, restaurants, shopping and has easy freeway access. This home is one you won’t want to miss!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2001
Lot Size
3,434 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$134.0 / Month

Neighborhood Insights

Brea Unified Schools

Olinda Elementary School

Grades K-6 • 0.6 mi

8/10

Brea Junior High School

Grades 7-8 • 2.9 mi

8/10

Brea-Olinda High School

Grades 9-12 • 1.6 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
58%
Baths3.03.0
50%
Square foot1,6972,051
42%
Lot Size3,4346,574
17%
Price$899.0K$1.37M
8%
Price per sq ft$530$661
17%
Built year20012002
33%
HOA$134.0$134
50%
Days on market18170
8%

Pricing History

Listed for Sale

Feb 17, 2026

$899,000

Initial Listing

Sold

Nov 21, 2019

$660,000

Public Record

Sold

Dec 16, 2016

$600,000

Public Record

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