4223 E Marmon Avenue, Orange, California 92869, Orange, 92869 - 3 bed, bath

4223 E Marmon Avenue, Orange, California 92869 home-pic-0

4223 E Marmon Avenue

Orange, California 92869

ACTIVE
CONDITION: POOR
3Beds
0Baths
980Sq Ft
6,470Lot Size

Property Price

LIST PRICE$750,000
EST. MARKET VALUE
$701,776
6% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$701,776
Based on Realkey algorithm analyzing recent comparable sales in Orange.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
4223 E Marmon Avenue
Subject
$750,000*
List Price
3980$716-
A
497 S Hill Street
Sold
$690,000321,192$5790.4 mi
B
11772 11772 S Esplanade
Sold
$940,000311,197$7850.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

The property is marketed as an 'Investor Opportunity' and 'Sold as-is,' with a specific requirement for cash or hard money, which typically indicates the home cannot qualify for traditional financing due to its condition. The listing description and property analysis highlight the need for 'immediate capital expenditure' and 'significant renovation,' suggesting that the kitchen, bathrooms, and major systems are likely outdated or in a state of disrepair.

PROSSTRENGTHS & OPPORTUNITIES

  • High-Upside Zoning

    The R2-6 zoning allows for two units on one lot with the potential to add two additional ADUs, offering significant value-add and rental income growth.

  • Strategic Investment Location

    Proximity to Chapman University, St. Joseph Hospital, and Old Towne Orange ensures a consistent, high-demand tenant pool and long-term appreciation.

  • Individually Metered Utilities

    Both units feature separate meters for utilities, simplifying property management and reducing owner-paid overhead expenses.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.

  • Recently Sold Property

    The property was recently sold within the past year on 2025-07-28. The sold price is $637,000.00.

  • Financing Constraints

    The requirement for cash or hard money and an 'as-is' sale condition limits the buyer pool by excluding traditional FHA or conventional financing.

About 4223 E Marmon Avenue

Investor Opportunity in Prime Orange Location. Two Units on One Lot! Rare chance to acquire a high-upside income property in the heart of Orange. Zoned as R2-6 meaning a duplex where two ADUs can be added, this property features two separate units being sold together, each with its own address (4223 & 4211 E. Marmon Avenue) and individually metered utilities, offering strong investment potential. The main residence at 4223 E. Marmon Avenue offers 2 bedrooms, 1 bathroom, and approximately 980 square feet of living space. The second unit provides additional income flexibility or extended family accommodations. The property sits on a 6,470 square foot lot, providing room for improvement, outdoor space enhancement, or future value-add possibilities (buyer to verify zoning and use). Located just minutes from Old Towne Orange, Chapman University, the Orange Circle, St. Joseph Hospital, CHOC, major freeways (55, 22, and 91), and local shopping and dining, this property benefits from strong rental demand and long-term appreciation fundamentals. The area is known for its historic charm, walkability, and consistent tenant pool driven by university, medical, and local employment centers. This is an ideal value-add opportunity for investors, builders, or buyers seeking multi-generational living. Sold as-is. Cash or hard money preferred. Quick close ideal. Buyer to conduct all relevant investigations.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
-
Lot Size
6,470 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
-

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
32%
Baths-3.0
1%
Square foot9802,171.5
4%
Lot Size6,4708,000
20%
Price$750.0K$1.31M
4%
Price per sq ft$765$639
80%
Built year-1971
1%
HOA$0$0
50%
Days on market16164
2%

Pricing History

Listed for Sale

Feb 19, 2026

$750,000

Initial Listing

Sold

Jul 28, 2025

$637,000

Public Record

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