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162 S Esplanade St, Orange, CA 92869
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162 S Esplanade St Orange, CA 92869

$880,000 Sold Price as of 06/13/2022
  • 4 Beds
  • 2 Baths
  • 1,812 Sq.Ft.
Sold
$880,000 Sold Price as of 06/13/2022 Refinance Your Mortgage
Map preview of 162 S Esplanade St, Orange, CA 92869

Property Overview: 162 S Esplanade St Orange, CA has 4 bedrooms, 2 bathrooms, 1,812 living square feet and 6,068 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: You found your exchange property. Incredible opportunity. With some minor upgrades to these two units will produce roughly 3 times the rent. First time on the market in over 4 decades, this detached duplex has two one car garages dividing the units. Each unit has 2 bedrooms and 1 bath and its own large yard. Both units have separate meters for all utilities. Both units have their own outdoor space, that is fenced. Bathrooms in each unit have been updated. Tenants are month to month and current. Walking distance to public transportation, shopping centers, Centrally located to Chapman University, Santiago College, freeway access to the 55/22 and the 5, and the Toll Road. Excellent Investment Opportunity to own in the City of Orange. DRIVE BY ONLY! PLEASE DO NOT DISTURB TENANTS. Tenants vacate on May 30, 2022

Listed by Kathy Clark | BRE #01327396 | Harcourts Prime Properties
Co-listed by Brenna Van Hoogenstyn | BRE #02068999 | Harcourts Prime Properties
Last checked: 7 minutes ago | Last updated: June 14th, 2022 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
6,068
HOA Dues
$0/mo
Year built
1950
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
OC22066651
City
Orange
County
Orange
Time on Site
768 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,629
  • Total Rent: $1,629
  • Pro Forma/Market Rent: $4,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $19,548
  • Net Operating Income: $17,970
  • Gross Operating Income: --
  • # of Rented Garages: 0
Annual Expense Breakdown
  • Total Operating Expense: $1,578
  • Trash: $0
  • Insurance: $1,278

Property Details for 162 S Esplanade St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Kitchen
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Family Room
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Chain Link
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
Lot Information
  • Lot Features: Front Yard, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 39221105
  • Year Built Source: Appraiser
  • Architectural Style: Bungalow
  • Entry Level: 1
  • Property is not Attached
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: El Modena
  • Directions: Chapman to S. Esplanade; turn south
Neighborhood Information
  • Community Features: Gutters, Sidewalks, Street Lights, Suburban
View more facts & features

Local Orange Agent

Sale History for 162 S Esplanade St

Last sold for $880,000 on June 13th, 2022

  • June, 2022

  • Jun 13, 2022

    Date

    Sold

    CRMLS: OC22066651

    $880,000

    Price

  • Apr 6, 2022

    Date

    Active

    CRMLS: OC22066651

    $899,000

    Price

Tax History for 162 S Esplanade St

Assessed Value (2020): $75,109
Year Land Value Improved Value Assessed Value
2020 $19,051 $56,058 $75,109

Home Value Compared to the Market

This property vs the competition

162 S Esplanade St sold on June 13, 2022 for 14.38% 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 $496.14 per/sqft which puts the price per square foot 18.8% lower than the current median sale per square foot for the city of Orange.

About 162 S Esplanade St

Detailed summary of property

162 S Esplanade St is a duplex that recently sold in Orange, CA 92869. This duplex offered 4 bedrooms, 2 bathrooms, roughly 1,812 living square feet, and sits on an approximately 6,068 square foot lot. 162 S Esplanade St was first listed on ArdentRealEstateGroup.com on April 6, 2022. The homeowner sold the property for $880,000. 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 14.38% lower than the current median priced home. Local homes that are currently for sale include 1156 W Stoneridge Court, 221 E Sunkist St and 607 S Plum Ave. While the average home in Orange, CA is selling in 44 days, 162 S Esplanade St has a days on market of 15 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 162 S Esplanade St Orange, CA 92869 contact Ardent Real Estate Group and we will put you in touch with one of our Orange agents.

Public Facts for 162 S Esplanade St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
6,065
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
--
APN
392-211-05

The source for these homes facts are from public records.

92869 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,150,000
Median List Price/Sq.Ft.
$612
Median Sold Price
$1,100,000
Median Sold Price/Sq.Ft.
$619
Total Inventory
60
Median Sale to List Price %
104.76%
Avg Days on Market
14
Loan Type
Conventional (48.15%), FHA (11.11%), VA (3.7%), Cash (25.93%), Other (11.11%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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Recently Sold Homes Near 162 S Esplanade St

141 S Esplanade St, Orange, CA 92869
$725,000 Last Sold Price
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4 Baths
2516 Sq.Ft.
141 S Esplanade St
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4125 E Marmon Ave, Orange, CA 92869
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11932 S Esplanade St, Orange, CA 92869
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4332 E Washington, Orange, CA 92869
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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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