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700 W La Veta Avenue 5, Orange, California 92868, Orange, 92868 - 1 bed, 1 bath

700 W La Veta Avenue 5, Orange, California 92868 home-pic-0
ACTIVE UNDER CONTRACT$389,900
700 W La Veta Avenue 5, Orange, California 92868
1Bed
1Bath
596Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Location: The property boasts a prime location within walking distance to major hospitals (CHOC, St. Joseph's), and is conveniently close to diverse shopping, dining, entertainment options like Main Place Mall and the Orange Circle, with easy freeway access.
Top Cons:
Compact Living Space: With only 596 square feet and a 1 bedroom/1 bathroom configuration, the unit offers limited living space, which may restrict its appeal to certain buyer demographics or those needing more room.

Compared to the nearby listings

Price:$389.9K vs avg $511.5K ($-121,600)13%
Size:596 sqft vs avg 944 sqft13%
Price/sqft:$654 vs avg $57881%

More Insights

Built in 1972 (53 years old).
Condition: The property, built in 1972, has undergone a recent 'refresh' as described, including new luxury vinyl floors, fresh paint, new tile, and granite counters in the kitchen. While the building's exterior and some structural elements (like the carport) show their age, the interior appears move-in ready with modern cosmetic updates. The absence of kitchen and bathroom images makes a definitive assessment challenging, but the description suggests these areas have been updated to a functional and aesthetically pleasing standard. Double-paned windows are a good upgrade. This aligns with a 'Good' score, indicating a well-maintained property with recent updates, though not a full, extensive renovation.
Year Built
1972
Close
-
List price
$390K
Original List price
$398K
Price/Sqft
$654
HOA
$517
Days on market
-
Sold On
-
MLS number
PW25214753
Home ConditionGood
Features
Patio
View-

About this home

PRICE REDUCTION ! SELLER HAS FOUND REPLACEMENT HOME! WILL CONSIDER ALL OFFERS! LOCATION, LOCATION, LOCATION! PLUS, THE LOWEST PRICE IN TOWN! Yes, it's true! Don't miss the opportunity to own your own little retreat, within walking distance to CHOC and St. Joseph's Hospital. Conveniently located near a wide variety of shopping, dining, and entertainment options, such as Main Place Mall and the Orange Circle, and with easy access to major freeways and public transportation. Hart Park, Public Libraries, museams are just minutes away. This newly refreshed unit features new luxury vinyl floors, fresh neutral paint, new tile, and closet doors. The kitchen boasts granite counters, a large pantry, and a convenient breakfast area ready for bar stools. Double French doors in the living room open to a private, comfortable patio with newly installed, easy-maintenance turf. Additional features include double-paned windows, direct carport access, and proximity to the laundry facility. The HOA includes gas and water. The community offers pools, clubhouse and playgrounds for your enjoyment. With a price this low, why rent? Enjoy the benefits of homeownership in a great location! PLEASE NOTE: IT IS UNIT "O" AS IN THE LETTER O, #5. THE BUILDING FACES LA VETA

Nearby schools

4/10
Fairhaven Elementary School
Public,•K-6•0.8mi
3/10
Portola Middle School
Public,•6-8•0.8mi
4/10
Orange High School
Public,•9-12•1.3mi
Condition Rating
Good
The property, built in 1972, has undergone a recent 'refresh' as described, including new luxury vinyl floors, fresh paint, new tile, and granite counters in the kitchen. While the building's exterior and some structural elements (like the carport) show their age, the interior appears move-in ready with modern cosmetic updates. The absence of kitchen and bathroom images makes a definitive assessment challenging, but the description suggests these areas have been updated to a functional and aesthetically pleasing standard. Double-paned windows are a good upgrade. This aligns with a 'Good' score, indicating a well-maintained property with recent updates, though not a full, extensive renovation.
Pros & Cons

Pros

Exceptional Location: The property boasts a prime location within walking distance to major hospitals (CHOC, St. Joseph's), and is conveniently close to diverse shopping, dining, entertainment options like Main Place Mall and the Orange Circle, with easy freeway access.
Recent Interior Refresh: The unit has been newly refreshed with new luxury vinyl floors, fresh neutral paint, new tile, and updated closet doors, offering a move-in ready condition for buyers.
Valuable HOA Inclusions: The monthly HOA fees include gas and water, which significantly reduces recurring utility expenses for the homeowner.
Private Outdoor Space: A private, comfortable patio with newly installed, easy-maintenance turf provides a dedicated outdoor area for relaxation and enjoyment.
Desirable Community Amenities: Residents benefit from access to community amenities including pools, a clubhouse, and playgrounds, enhancing the lifestyle and recreational opportunities.

Cons

Compact Living Space: With only 596 square feet and a 1 bedroom/1 bathroom configuration, the unit offers limited living space, which may restrict its appeal to certain buyer demographics or those needing more room.
Building Age: Constructed in 1972, the building is over 50 years old, which could lead to potential concerns regarding the age of the overall infrastructure and major systems, despite interior updates.
Absence of Central Cooling: The property description does not mention a cooling system, which could be a significant comfort issue and potential drawback during Orange County's warm climate.

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