822 E Walnut Avenue, Orange, California 92867, Orange, 92867 - 2 bed, 2 bath
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Orange, California 92867
This Charming Single-Story Residence is a Strong Value Opportunity, listed at $1,150,000—positioned above the $1,037,832 Fair Market Value. While priced at a premium for the neighborhood, the property maintains a Good Condition Rating with high-end upgrades like fully paid solar and a remodeled primary suite. The expansive 7,680 sq. ft. lot provides rare outdoor space and significant ADU conversion potential via the detached garage. This home offers a unique blend of historic character and modern efficiency, making it an ideal acquisition for Owner-Occupants or Long-Term Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 822 E Walnut Avenue Subject | $1,150,000* List Price | 2 | 2 | 1,121 | $926 | - |
A 1409 E Orange Grove Sold | $1,015,000 | 3 | 2 | 1,350 | $752 | 0.4 mi |
B 1344 E Mayfair Sold | $1,200,000 | 3 | 2 | 1,338 | $897 | 0.4 mi |
C 937 E Mayfair Avenue Sold | $1,020,000 | 3 | 1 | 1,162 | $878 | 0.3 mi |
D 425 E Everett Sold | $1,050,000 | 3 | 1 | 952 | $1,103 | 0.4 mi |
E 1334 E Mayfair Sold | $1,200,000 | 3 | 2 | 1,326 | $905 | 0.4 mi |
F 1056 N Shaffer Sold | $1,110,000 | 3 | 2 | 1,505 | $738 | 0.8 mi |
G 1944 E Lomita Avenue Active | $1,080,000 List Price | 4 | 2 | 1,314 | $822 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1948, the property is well-maintained and move-in ready with significant updates. Key features include a modern primary suite addition with a glass-enclosed shower, high-end stainless steel appliances (Bosch/Frigidaire), and energy-efficient fully paid solar. The restored original hardwoods and updated systems offset the vintage-style kitchen tile, placing it firmly in the 'Good' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7680, living area = 1121.
Situated in the highly coveted Old Towne Orange historic district, the property offers exceptional walkability to Chapman University and the popular dining and retail hub of the Plaza.
The oversized 7,600+ sq. ft. lot is a rarity for the area, featuring a large entertaining backyard and a detached garage that offers excellent potential for an ADU conversion.
At just 1,121 square feet with only two bedrooms, the home's compact footprint may be a constraint for growing families or buyers requiring a dedicated indoor office space.
The list price of $1.15M represents a premium valuation for a two-bedroom residence, which may limit the buyer pool to those specifically prioritizing the historic neighborhood over interior space.
Situated on an expansive 7,600+ sq. ft. lot in the highly cherished Old Towne Orange neighborhood, this charming single-story home offers 2 bedrooms, 2 bathrooms, and 1,121 square feet of beautifully maintained living space just moments from the boutique shops, popular restaurants, coffee houses, and entertainment that make Old Towne Orange one of Orange County’s most loved destinations. One of the home’s standout features is the incredible backyard—a rare oversized outdoor space with a generous entertaining deck overlooking a huge grassy lawn, mature landscaping, raised planter beds, a producing avocado tree, and a cozy fire pit area perfect for gatherings or quiet evenings under the stars. Filled with warmth and character, the light-filled living room showcases beautifully restored original hardwood floors, a classic brick fireplace, and an oversized picture window that brings in abundant natural light. The spacious kitchen blends vintage charm with everyday functionality, featuring period black-and-white tile countertops, stainless steel appliances including a Bosch dishwasher and professional-series Frigidaire dual fuel range and oven, a reverse osmosis water filtration system, plus an adjacent dining area with built-in seating that makes entertaining easy. Surrounded by windows, the sunny kitchen eating area creates a bright and cheerful gathering space while the fully paid solar adds energy efficiency and long-term savings. The thoughtfully updated primary suite features a bathroom addition with a walk-in glass-enclosed shower and an oversized vanity, while the indoor laundry room adds everyday convenience. The detached two-car garage offers endless versatility for storage, a private office, gym, creative studio, or potential future ADU conversion, while the long tandem driveway provides additional off-street parking. Ideally located near the heart of Orange’s historic district, this exceptional home offers character, comfort, and timeless appeal, with convenient access to Chapman University and all that central Orange County offers.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 4% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,121 | 2,046.5 | 3% |
| Lot Size | 7,680 | 7,871 | 48% |
| Price | $1.15M | $1.36M | 24% |
| Price per sq ft | $1.0K | $668 | 98% |
| Built year | 1948 | 1963 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 135 | 4% |
May 27, 2026
$1,150,000
Initial Listing
May 4, 2022
$1,025,000
Public Record
Jun 10, 2019
$699,000
Public Record
May 23, 2014
$535,000
Public Record
Apr 13, 2007
$588,000
Public Record