4609 4605 E Agua, Orange, California 92869, Orange, 92869 - 6 bed, 4 bath
Loading property details...
4609 4605 E Agua
Orange, California 92869
ACTIVE
CONDITION: EXCELLENT
6Beds
4Baths
2,316Sq Ft
12,100Lot Size
Property Price
LIST PRICE$1,200,000
EST. MARKET VALUE
$1,350,000
11% BelowMARKET VALUE
SUMMARY
This Dual-Residence Asset represents a High-Potential Investment Opportunity, listed at $1,350,000. While currently priced slightly above the $1,307,340 Fair Market Value, the property offers significant utility through its 12,100 sq. ft. lot and two separate homes. The front unit features a 2024 Renovation with a gourmet kitchen, while the back unit provides additional rental or multi-generational capacity. With serene hill views and a Condition Rating of 2, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking supplemental income.
Estimated Market Value
$1,350,000+$150,000 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Orange.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4609 4605 E Agua Subject 6 bd · 4 ba · 2,316 sqft · $583 | $1,200,000* List Price | 6 | 4 | 2,316 | $583 | - |
A 653 S Exeter Place Sold 4 bd · 3 ba · 2,334 sqft · $643 · 1.0 mi | $1,500,000 | 4 | 3 | 2,334 | $643 | 1.0 mi |
B 256 N Quail Lane Sold 4 bd · 3 ba · 2,577 sqft · $504 · 0.8 mi | $1,300,000 | 4 | 3 | 2,577 | $504 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The front home features a complete renovation completed in 2024, which is well within the <5 years renovation window for an Excellent rating. It boasts a modern open-concept gourmet kitchen with quartz countertops, new shaker cabinets, high-end appliances, updated flooring, and newly remodeled bathrooms.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12100, living area = 1263.
- Dual-Income Potential
The property features two separate single-family residences on one lot, offering a rare opportunity for multi-generational living or significant rental income in a desirable area.
- Modern Renovations
The front residence was completely renovated in 2024, featuring a gourmet kitchen with high-end Signature appliances, quartz countertops, and updated double-pane vinyl windows.
CONSRISKS & DEFICIENCIES
- Potential Condition Disparity
While the front house is fully renovated, the listing lacks details on recent updates for the back house, which may require additional investment to match the front's quality.
- Property Age
Originally built in 1955, the property may have aging underlying infrastructure or systems that were not addressed in the recent cosmetic renovations of the front unit.
About 4609 4605 E Agua
PRICE REDUCTION OVER 95k!!! Don't miss out on these (2) separate detached homes in desirable East Orange location, Live in one and rent the other, it is an ideal for multi-generational living or rental income potential, EACH residence features 3 bedrooms, 2 bathrooms, a private 2-car garage, and its own dedicated backyard. The FRONT HOUSE - Open Concept living space of 1263 sq. ft. COMPLETE RENOVATION in 2024 over 75K of home space completely renovated in 2024, boasting double-pane vinyl windows, updated flooring, gourmet kitchen with white and blue shaker cabinets, subtle quartz countertops, and high-end Signature appliances with a 6-burner gas cooktop, newly remodeled master bathroom with a modern full size shower stall, vanity and light fixtures, remodeled 2nd bathroom, The spacious living room features a cozy fireplace and opens to a large backyard with artificial turf and serene hill views of Panorama Heights. EXTERIOR: newer paint, facias boards, upgraded electrical panel, and vinyl fence + RV access, or potential for added ADU. This home is situated on private road shared with three neighbors, offering secluded privacy. The BACK HOUSE is a BLANK CANVAS ready to make it your own it is 1053 sq. ft. complete privacy with 3 bedrooms, 2 bathrooms, living area with a fireplace, its own private yard, and a dedicated 2-car garage. These homes are conveniently walking distance to schools, shopping centers, parks, public transportation, easy access to 22/5/55 freeway, and toll roads. Approximately 3.5 miles to Old Towne Orange, Chapman University and Santiago College.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 12,100 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.7 |
| Baths | 4.0 | 2.4 |
| Square foot | 2,316 | 1,817.719 |
| Lot Size | 12,100 | 7,240.844 |
| Price | $1.20M | $1.29M |
| Price per sq ft | $518 | $696 |
| Built year | 1955 | 1964 |
| HOA | $0 | $169 |
| Days on market | 44 | 48 |
Pricing History
Listed for Sale
Oct 24, 2026
$1,200,000
$1,295,000
-7% Price Drop
Initial Listing
Price Change
Oct 2, 2026
$1,295,000
$1,350,000
-4% Price Drop
Initial Listing
Price Change
Sep 11, 2026
$1,350,000
Initial Listing
Sold
Nov 21, 1996
$140,000
Public Record