
Orange, California 92868
This Turnkey Condominium presents a Prime Investment Opportunity with a List Price of $484,999—positioned well below the $497,332 Fair Market Value by 2%. This valuation gap offers $12,333 in Instant Equity. Featuring a Condition Rating of 2, the home boasts a Gourmet Kitchen and Spa-like Bathrooms. While school ratings are modest, the property’s modern upgrades and prime Orange location offer immediate rental appeal. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 700 West La Veta Avenue E4 Subject | $484,999* List Price | 2 | 2 | 944 | $527 | - |
A 700 W La Veta Sold | $515,000 | 2 | 2 | 944 | $546 | 0.0 mi |
B 700 W La Veta M12 Sold | $500,000 | 2 | 2 | 944 | $530 | 0.0 mi |
C 700 W La Veta I-8 Sold | $490,000 | 2 | 2 | 944 | $519 | 0.0 mi |
D 700 W La Veta Sold | $630,000 | 3 | 3 | 1,200 | $525 | 0.0 mi |
E 400 S Flower Street 108 Sold | $557,500 | 2 | 2 | 1,144 | $487 | 1.0 mi |
F 700 W La Veta Avenue T4 Active Under Contract | $490,000 List Price | 2 | 2 | 944 | $519 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive, high-quality renovation within the last year, featuring a brand-new gourmet kitchen with quartz countertops and stainless appliances, fully remodeled spa-like bathrooms, new flooring, and a newer HVAC system. It is in mint, turnkey condition.
The property features extensive recent renovations, including a gourmet kitchen with quartz countertops, new stainless steel appliances, and updated flooring, offering a move-in-ready experience.
With 9-foot ceilings and a bright, open two-story floor plan, the condo provides a sense of volume and airiness that is rare for units built in this era.
Situated in the highly sought-after La Veta Monterey community in Orange, the home offers a prime location for investors and first-time buyers seeking proximity to local amenities.
The property was recently sold within the past year on 2025-06-03. The sold price is $405,000.00.
The $500 monthly HOA fee is relatively high for the price point, which may impact the overall monthly carrying costs and debt-to-income ratios for potential buyers.
The assigned public schools for this address currently hold lower ratings (ranging from 3 to 4), which could be a deterrent for families prioritizing high-performing educational districts.
Welcome home to this freshly updated condo in the highly sought-after La Veta Monterey community! Perfect for first-time buyers, investors, or anyone looking for a turnkey home in a prime Orange location. This bright and open two-story floor plan features 9-ft ceilings and has been thoughtfully upgraded throughout: Gourmet Kitchen with new quartz countertops, upgraded cabinetry, and brand-new stainless steel appliances Spa-like Bathrooms — Quartz counters in one bath, granite in the other, plus a beautifully remodeled main bathroom with new tile surround on the shower/tub New Interior Paint throughout Newer HVAC system for year-round comfort New lighting fixtures and recessed lighting New flooring (or excellent condition — you can adjust)
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 944 | 944 | 50% |
| Lot Size | - | 122,549 | 23% |
| Price | $485.0K | $515.0K | 31% |
| Price per sq ft | $514 | $530 | 31% |
| Built year | 1972 | 1972 | 50% |
| HOA | $500.0 | $499 | 62% |
| Days on market | 21 | 123 | 8% |
May 16, 2026
$484,999
Initial Listing
Jun 3, 2025
$405,000
Public Record
Sep 23, 1997
$70,000
Public Record