885 N Kathleen, Orange, California 92867, Orange, 92867 - 0 bed, 0 bath
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885 N Kathleen
Orange, California 92867
ACTIVE UNDER CONTRACT
CONDITION: FAIR
0Beds
0Baths
3,058Sq Ft
6,098Lot Size
Property Price
LIST PRICE$1,250,000
EST. MARKET VALUE
$1,304,813
4% BelowMARKET VALUE
SUMMARY
This Duplex Residential Income property is a High-Potential Investment Opportunity, listed at a List Price of $1,250,000—positioned well below the $1,292,131 Fair Market Value by 3%. This valuation gap offers $42,131 in Instant Equity. Featuring a Condition Rating of 4, the property includes modern updates like luxury vinyl flooring and quartz counters. Its prime location near Villa Park and dual-unit layout make it an ideal asset for Buy-and-Hold Investors or Owner-Occupants seeking house-hacking potential.
Estimated Market Value
$1,304,813+$54,813 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 |
|---|---|---|---|---|---|---|
★ 885 N Kathleen Subject | $1,250,000* List Price | 0 | 0 | 3,058 | $427 | - |
A 812 N Mallard Sold | $1,410,000 | 0 | 0 | 3,189 | $442 | 0.1 mi |
B 1908 E Rose Avenue Sold | $1,230,000 | 0 | 0 | 2,870 | $429 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1972, this property is over 50 years old and shows a mix of conditions. While it features some recent cosmetic updates like Luxury Vinyl flooring and quartz countertops, the kitchens and bathrooms remain largely dated with older cabinetry, fluorescent light boxes, and 20+ year old fixtures. The systems, such as the water heater visible in the garage, appear functional but aged, and the overall aesthetic requires further modernization to move beyond a dated status.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Income Potential
This duplex offers a versatile investment opportunity to live in one unit while renting the other, or lease both for maximum cash flow in a high-demand rental market.
- Modern Interior Updates
Both units feature significant upgrades including luxury vinyl flooring, smooth ceilings, and updated kitchens with quartz countertops, ensuring move-in-ready appeal and reduced immediate maintenance.
- Prime Location
Situated in a sought-after Orange neighborhood east of the 55 freeway and adjacent to Villa Park, the property benefits from strong long-term appreciation and high desirability for tenants.
CONSRISKS & DEFICIENCIES
- Below-Market Rental Income
Current rents are performing under market value, which may require a strategic lease restructuring or tenant turnover to achieve an optimal return on investment.
- Limited Private Outdoor Space
With a lot size of approximately 6,098 square feet shared between two units, the private backyard areas are relatively small, which may limit appeal for residents seeking extensive outdoor living.
About 885 N Kathleen
Great duplex to live in one side and rent the other. Each home has a garage with it's own laundry hook ups. The smaller unit is 2 bedrooms and 2 baths. It has some nice updates-smooth ceilings, Luxury Vinyl floors and an updated kitchen. The dining room opens to the small private back yard. There is a real main bedroom with attached bath. this unit has a one car garage. The larger 3 bedroom home on the left side has a private entrance and a fireplace in the living room. The white kitchen has newer quartz counters. This home has a full size 2 car garage.The third bedroom has a sliding glass door to the back yard. Both units are in clean condition and are currently rented to tenants who would like to stay. Currently rents are under market rate. Great location next to Villa Park east of the 55 freeway and north of Chapman.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1972
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
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 | 0.0 | 6.0 |
| Baths | 0.0 | 6.0 |
| Square foot | 3,058 | 2,715.278 |
| Lot Size | 6,098 | 7,647.056 |
| Price | $1.25M | $1.44M |
| Price per sq ft | $409 | $530 |
| Built year | 1972 | 1973 |
| HOA | $0 | $81 |
| Days on market | 48 | 159 |
Pricing History
Listed for Sale
Jul 23, 2026
$1,250,000
Initial Listing