4042 Orange Avenue, Cypress, California 90630, Cypress, 90630 - 3 bed, 3 bath
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4042 Orange Avenue
Cypress, California 90630
ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,587Sq Ft
1,850Lot Size
Property Price
LIST PRICE$738,900
EST. MARKET VALUE
$779,111
5% BelowMARKET VALUE
SUMMARY
This Tanglewood North Townhouse represents a Strong Value Opportunity, listed at $738,900—positioned well below the $779,112 Fair Market Value by 5%. This valuation gap offers $40,212 in Instant Equity for buyers. With a Condition Rating of 3, the property features a brand-new roof, central HVAC, and upgraded electrical, requiring only cosmetic updates to maximize value. Located near Oxford Academy, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-potential, low-maintenance lifestyle.
Estimated Market Value
$779,111+$40,211 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Cypress.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4042 Orange Avenue Subject | $738,900* List Price | 3 | 3 | 1,587 | $491 | - |
A 4194 Paseo De Oro Sold | $840,000 | 3 | 3 | 1,587 | $529 | 0.3 mi |
B 4102 Avenida Sevilla Sold | $835,000 | 3 | 3 | 1,587 | $526 | 0.1 mi |
C 9804 Via Sonoma Sold | $816,000 | 3 | 3 | 1,587 | $514 | 0.3 mi |
D 4238 Via Largo Sold | $745,000 | 3 | 3 | 1,587 | $469 | 0.4 mi |
E 4042 Larwin Sold | $735,000 | 4 | 2 | 1,508 | $487 | 0.6 mi |
F 4014 Via Encinas Sold | $749,000 | 3 | 3 | 1,587 | $472 | 0.3 mi |
G 4237 Larwin Sold | $799,000 | 3 | 2 | 1,426 | $560 | 0.5 mi |
H 4586 Larwin Sold | $750,000 | 4 | 2 | 1,508 | $497 | 0.8 mi |
I 4272 Paseo De Oro Active | $825,000 List Price | 3 | 3 | 1,587 | $520 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1968, the property features significant recent upgrades to major systems including a brand-new roof, central HVAC, dual-pane windows, and an upgraded electrical panel. The kitchen and bathrooms have been previously renovated with shaker-style cabinetry and are in functional condition. The property is well-maintained and move-in ready, requiring only minor cosmetic updates like paint and flooring.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Schools
The property is within walking distance of highly-rated Cypress public schools, including the prestigious Oxford Academy, significantly boosting its long-term value and appeal to families.
- Major Infrastructure Upgrades
Recent improvements including a brand-new roof, upgraded electrical panel, dual-pane windows, and central HVAC provide essential peace of mind and reduce immediate capital expenditure for major systems.
- Resort-Style Community Amenities
Tanglewood North offers extensive amenities such as multiple pools, clubhouses, and organized community events, providing a high-quality lifestyle with the convenience of low-maintenance townhouse living.
CONSRISKS & DEFICIENCIES
- Immediate Cosmetic Needs
The interior requires fresh paint and new flooring throughout to modernize the space, necessitating an additional budget and 'sweat equity' from the buyer immediately after purchase.
- Vintage Construction
Built in 1968, the property may feature older plumbing or structural elements typical of its era that might not meet the aesthetic or functional standards of modern new-build developments.
About 4042 Orange Avenue
Steal it! Build instant sweat equity in this Tanglewood North townhouse. This spacious 3-bedroom, 2.5-bath home offers 1,587 square feet and is priced to sell fast. The kitchen and baths are already in great shape — all it needs is fresh paint and a flooring update to match your taste. The kitchen, with its ample shaker-style cabinets, opens into the family room, and both overlook the private brick patio. The L-shaped living and dining room makes entertaining easy. All bedrooms are upstairs. The secondary bedrooms are spacious with large closets. The primary suite is a true sanctuary, featuring a wet bar with a mosaic glass backsplash and mini-fridge, a spacious balcony, and abundant closet space. Custom shutters, dual-pane windows, central HVAC, an upgraded electrical panel, and a brand-new roof make for easy living. The private patio connects directly to the two-car garage — perfect for outdoor seating, gardening, or a quiet evening at home. This home is within walking distance of Cypress public schools, including Oxford Academy, and it's close to Willow, Veterans, and El Dorado Parks, plus shopping, dining, and major Orange County freeways. Tanglewood North is a resort-style condominium community with multiple pools, two clubhouses, and beautifully maintained paths and greenbelts. Tanglewood North holds annual events like the annual community garage sale, the outdoor summer picnic and the winter holiday party. Enjoy townhouse living with resort-style amenities, and none of the maintenance of a single-family home. Come find out what makes Tanglewood North such a special place to live.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1968
- Lot Size
- 1,850 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $390.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 3.0 | 2.6 |
| Square foot | 1,587 | 1,541.231 |
| Lot Size | 1,850 | 1,928.462 |
| Price | $738.9K | $777.9K |
| Price per sq ft | $466 | $529 |
| Built year | 1968 | 1970 |
| HOA | $390.0 | $352 |
| Days on market | 26 | 53 |
Pricing History
Listed for Sale
Aug 14, 2026
$738,900
Initial Listing