700 W La Veta E4, Orange, California 92868, Orange, 92868 - 2 bed, 2 bath
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700 W La Veta E4
Orange, California 92868
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
944Sq Ft
172,521Lot Size
Property Price
LIST PRICE$464,000
EST. MARKET VALUE
$502,444
7% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $464,000—positioned well below the $502,444 Fair Market Value by 7%. This valuation gap provides $38,444 in Instant Equity for the buyer. Featuring a Mint Condition Rating with luxury vinyl flooring and a renovated kitchen, this home offers a private patio and access to community pools and spas. Ideally located near major medical centers and universities, this property is a perfect fit for first-time buyers or owner-occupants seeking a move-in-ready lifestyle.
Estimated Market Value
$502,444+$38,444 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 |
|---|---|---|---|---|---|---|
★ 700 W La Veta E4 Subject | $464,000* List Price | 2 | 2 | 944 | $532 | - |
A 700 W La Veta Sold | $515,000 | 2 | 2 | 944 | $546 | 0.0 mi |
B 700 W La Veta Avenue T4 Sold | $470,000 | 2 | 2 | 944 | $498 | 0.0 mi |
C 700 W La Veta Sold | $485,000 | 2 | 2 | 944 | $514 | 0.1 mi |
D 700 W La Veta Avenue G8 Sold | $500,000 | 2 | 2 | 944 | $530 | - |
E 700 W La Veta A1 Sold | $523,000 | 2 | 2 | 944 | $554 | - |
F 400 S Flower Street 108 Sold | $557,500 | 2 | 2 | 1,144 | $487 | 1.0 mi |
G 700 W La Veta Active | $475,000 List Price | 2 | 2 | 944 | $503 | 0.1 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.
While built in 1972, the property has undergone a recent comprehensive renovation (likely <5 years) including a refreshed kitchen with newer appliances and countertops, updated luxury vinyl flooring, fresh paint, and a fully renovated bathroom, placing it in mint, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Central Location
Situated in the heart of Orange, this property offers exceptional proximity to major medical centers, Chapman University, and key freeways, making it highly desirable for professionals and commuters.
- Modern Interior Upgrades
The unit features contemporary luxury vinyl flooring, fresh paint, and a refreshed kitchen with newer appliances, providing a move-in-ready aesthetic that appeals to modern buyers.
- Comprehensive Community Amenities
Residents enjoy access to an extensive array of amenities, including two pools, a spa, clubhouse, and sports courts, which significantly enhances the lifestyle value of the complex.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =172521, other record lot size in square feet = 211929.
- High Monthly HOA Fees
At $516 per month, the association fees are a significant recurring expense that may impact the overall affordability and debt-to-income ratios for potential buyers.
- Lower-Rated School District
The assigned public schools for this location currently hold lower performance ratings (3-4 range), which could be a drawback for families prioritizing high-performing educational environments.
About 700 W La Veta E4
Welcome to La Veta Monterey, a well-located community in the heart of Orange! This inviting 2-bedroom condominium home offers a comfortable, updated interior and a private patio perfect for morning coffee, relaxing evenings, or entertaining. Step inside to a light and bright living space featuring upgraded luxury vinyl flooring and fresh interior paint. Large sliding glass doors bring in natural light and create an easy indoor-outdoor connection to the secluded patio. The refreshed kitchen combines style and function with newer countertops, newer appliances, and a cheerful breakfast nook. The spacious primary suite features generous closet space and a renovated private bathroom. A second bedroom and bath provide flexibility for guests, a home office, or additional living space. La Veta Monterey offers an attractive collection of community amenities, including two pool areas, spa, clubhouse, playground and basketball area. The central Orange location puts you close to CHOC, St. Joseph Hospital, UCI Medical Center, Main-Place Mall, The Outlets at Orange, Chapman University, and the restaurants, shopping and charm of Old Towne Orange. Convenient access to the 5, 22, 55 and 57 freeways makes getting around Orange County easy. Updated, comfortable, and centrally located— an excellent opportunity to enjoy the best of Orange living. This is priced to sell fast.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1972
- Lot Size
- 172,521 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $516.0 / Month
Neighborhood Insights
Orange Unified Schools
Fairhaven Elementary School
Grades K-6 • 0.7 mi
4/10
Portola Middle School
Grades 6-8 • 0.9 mi
3/10
Orange High School
Grades 9-12 • 1.4 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.3 |
| Baths | 2.0 | 2.3 |
| Square foot | 944 | 1,298.636 |
| Lot Size | 172,521 | 131,175.424 |
| Price | $464.0K | $713.2K |
| Price per sq ft | $492 | $575 |
| Built year | 1972 | 1991 |
| HOA | $516.0 | $412 |
| Days on market | 6 | 43 |
Pricing History
Listed for Sale
Sep 3, 2026
$464,000
Initial Listing
Sold
May 30, 2007
$367,500
Public Record
Sold
Jul 27, 2001
$133,500
Public Record