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1123 E Lomita Ave, Orange, CA 92867
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1123 E Lomita Ave Orange, CA 92867

$949,900 Sold Price as of 03/31/2023
  • 4 Beds
  • 1.75 Baths
  • 1,500 Sq.Ft.
Sold
$949,900 Sold Price as of 03/31/2023 Refinance Your Mortgage
Map preview of 1123 E Lomita Ave, Orange, CA 92867

Property Overview: 1123 E Lomita Ave Orange, CA has 4 bedrooms, 1.75 bathrooms, 1,500 living square feet and 7,020 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: LOOKING FOR A GREAT INVESTMENT OPPORTUNITY? Here it is... Above 4.5% cap rate…Located in a highly sought after Orange neighborhood, minutes to Chapman University and Old Towne Orange (within 1 mile), a well maintained and updated, single level home is attractive to both an INVESTOR and OWNER OCCUPIED buyer. Featuring 4 generous size bedrooms and 2 remodeled bathrooms on a large, flat lot. Enter into an inviting great room with ample natural light from high ceilings, recessed lighting and skylight. Adjacent to the dining area is a spacious kitchen with bar seating and plenty of storage. The open floor plan features a brick fireplace, perfect for cozy evenings. French doors lead to an exceptional outdoor space. The large covered patio and low maintenance back yard is perfect for California indoor/outdoor entertaining. The interior laundry room and 2 car garage completes this ideal home offering all the spaces for today’s needs. Additional ‘Stand Outs’ are: Newer laminate plank flooring, dual pane windows, stainless steel appliances, sub-zero refrigerator, updated electrical panel, ceiling fans, block fencing, garden window, newer interior/exterior paint, crown molding, water heater. Centrally located and minutes to shopping, Old Towne Orange, restaurants, freeways and Chapman University (4mins) DON'T MISS THIS OPPORTUNITY!

Listed by Jackie D' Andrea | BRE #01112086 | BHHS CA Properties
Last checked: 11 minutes ago | Last updated: March 31st, 2023 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
7,020
HOA Dues
$0/mo
Year built
1955
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
PW23007239
City
Orange
County
Orange
Time on Site
489 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 1
  • Total # of Buildings: 1
  • # of Leased Units: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,950
  • Total Rent: $4,950
  • Pro Forma/Market Rent: $4,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.94%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $59,400
  • Net Operating Income: $46,887
  • Gross Operating Income: --
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $12,513
  • Electric: $50
  • Gas/Fuel: $0
  • Trash: $0
  • Gardener: $1,800
  • Insurance: $1,200
  • Maintenance: $1,000
  • Water/Sewer: $200
  • Other Expenses: $8,263
  • Other Expense Description: Prop tax

Virtual Tour

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Property Details for 1123 E Lomita Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Individual Room, Inside
Fireplace Information
  • Has Fireplace
  • Living Room, Gas
Room Information
  • Flooring: Laminate, Tile
  • All Bedrooms Down, Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas Cooktop, Refrigerator, Water Heater
Interior Features
  • Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Open Floorplan, Recessed Lighting, Stone Counters, Unfurnished
  • Levels: One
  • Window Features: Blinds, Double Pane Windows, Garden Window(s), Skylight(s)
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Door Features: French Doors
Exterior Features
Exterior Information
  • Roof: Composition
  • Rain Gutters
  • Has Fence
  • Block
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway, Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Lot 6500-9999, Sprinkler System, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 38628310
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Entry Level: 1
  • Foundation Details: Raised
  • Property is not Attached
  • Offered With Property: Sub Zero Kitchen Refrigerator
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: xs Collins and Maplewood
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks
View more facts & features

Local Orange Agent

Sale History for 1123 E Lomita Ave

Last sold for $949,900 on March 31st, 2023

  • March, 2023

  • Mar 31, 2023

    Date

    Sold

    CRMLS: PW23002545

    $949,900

    Price

  • Jan 5, 2023

    Date

    Active

    CRMLS: PW23002545

    $949,900

    Price

  • Listing provided courtesy of CRMLS

    LOOKING FOR A GREAT OPPORTUNITY, EITHER AS INCOME POTENTIAL OR TO MOVE IN? Here it is…Located in a highly sought after Orange neighborhood, minutes to Chapman University and Old Towne Orange (within 1 mile), a well maintained and updated, single level home is attractive to both an INVESTOR and OWNER OCCUPIED buyer. Featuring 4 generous size bedrooms and 2 remodeled bathrooms on a large, flat lot. Enter into an inviting great room with ample natural light from high ceilings, recessed lighting and skylight. Adjacent to the dining area is a spacious kitchen with bar seating and plenty of storage. The open floor plan features a brick fireplace, perfect for cozy evenings. French doors lead to an exceptional outdoor space. The large covered patio and low maintenance back yard is perfect for California indoor/outdoor entertaining. The interior laundry room and 2 car garage completes this ideal home offering all the spaces for today’s needs. Additional ‘Stand Outs’ are: Newer laminate plank flooring, dual pane windows, stainless steel appliances, sub-zero refrigerator, updated electrical panel, ceiling fans, block fencing, garden window, newer interior/exterior paint, crown molding, water heater. Centrally located and minutes to shopping, Old Towne Orange, restaurants, freeways and Chapman University (4mins) DON'T MISS THIS OPPORTUNITY!

  • March, 2023

  • Mar 31, 2023

    Date

    Sold

    CRMLS: PW23007239

    $949,900

    Price

  • Jan 13, 2023

    Date

    Active

    CRMLS: PW23007239

    $949,900

    Price

  • October, 2019

  • Oct 11, 2019

    Date

    Leased

    CRMLS: PW19208554

    $3,625

    Price

  • Oct 7, 2019

    Date

    Pending

    CRMLS: PW19208554

    $3,600

    Price

  • Sep 1, 2019

    Date

    Active

    CRMLS: PW19208554

    $3,600

    Price

  • Listing provided courtesy of CRMLS

    Located in an highly sought after Orange neighborhood, within 1 mile of Chapman University and Old Town Orange, this updated, single level home is an amazing lease opportunity. Featuring 4 spacious bedrooms and 2 remodeled bathrooms on a large, flat lot. Enter into a large great room with vaulted ceilings and skylights. Hardwood-type flooring and brick fireplace is perfect for a cozy evening. French doors open to an amazing back yard. The white/bright kitchen opens to both the great room and dining area and features a large bay window, granite counter tops & tile back-splash and stainless steel sub zero kitchen refrigerator. An interior laundry room (washer & dryer included) with newer exterior door is located off the kitchen. The amazing backyard offers a large covered patio, great for entertaining or relaxing. Spacious grass area and block wall fencing. Additional upgrades include: Newer AC, Re-plumbing, Newer windows, Security system, Closet organizer, Ceiling fans, New insulation in attic, Crown molding, Recessed lighting. Plenty of parking in 2 car garage and drive way ** 4th bedroom was added on by a previous owner. Centrally located to shopping, freeways, Chapman University, Old Town Orange, Schools and parks. THIS IS A MUST SEE!. Interior & Exterior Layouts in supplements

  • December, 2015

  • Dec 9, 2015

    Date

    Sold (Public Records)

    Public Records

    $670,000

    Price

  • December, 2001

  • Dec 21, 2001

    Date

    Sold (Public Records)

    Public Records

    $327,000

    Price

Show More

Tax History for 1123 E Lomita Ave

Assessed Value (2020): $725,229
Year Land Value Improved Value Assessed Value
2020 $649,381 $75,848 $725,229

Home Value Compared to the Market

This property vs the competition

1123 E Lomita Ave sold on March 31, 2023 for 9.53% lower than the current median sold price for the city of Orange which is $1,050,000. The median sold price per/sqft for Orange is $611 and this home is sold at $633.27 per/sqft which puts the price per square foot 3.64% higher than the current median sale per square foot for the city of Orange.

About 1123 E Lomita Ave

Detailed summary of property

1123 E Lomita Ave is a single family home that recently sold in Orange, CA 92867. This house offered 4 bedrooms, 1.75 bathrooms, roughly 1,500 living square feet, and sits on an approximately 7,020 square foot lot. 1123 E Lomita Ave was first listed on ArdentRealEstateGroup.com on January 13, 2023. The homeowner sold the property for $949,900. Home in Orange are selling for a median price of $1,050,000 and a median price per square foot of $611. Based on Ardent Real Estate Group's Orange Market Data, this home is sold 9.53% lower than the current median priced home. Local homes that are currently for sale include 317 E Dunton Ave, 351 W Linden Dr and 3211 N Pinewood. While the average home in Orange, CA is selling in 44 days, 1123 E Lomita Ave has a days on market of 26 days. There are currently 159 homes for sale in the Orange real estate market and 125 of them are single family homes while 27 of them are condos and 7 are townhomes. For more information on this home for sale at 1123 E Lomita Ave Orange, CA 92867 contact Ardent Real Estate Group and we will put you in touch with one of our Orange agents.

Public Facts for 1123 E Lomita Ave

Public county record property details
Beds
3
Baths
2
Year built
1955
Sq. Ft.
1,340
Lot Size
7,020
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
3
APN
386-283-10

The source for these homes facts are from public records.

92867 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,378,000
Median List Price/Sq.Ft.
$590
Median Sold Price
$1,175,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
47
Median Sale to List Price %
102.26%
Avg Days on Market
31
Loan Type
Conventional (56.25%), FHA (0%), VA (0%), Cash (31.25%), Other (12.5%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 1123 E Lomita Ave

1124 E Lomita Ave, Orange, CA 92867
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1103 E Oakmont Ave, Orange, CA 92867
$680,000 Last Sold Price
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2 Baths
1613 Sq.Ft.
1103 E Oakmont Ave
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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