1734 E Lomita Ave, Orange, CA 92867
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1734 E Lomita Ave Orange, CA 92867

$1,050,000 Sold Price as of 10/14/2022
  • 5 Beds
  • 2 Baths
  • 2,233 Sq.Ft.
Sold
$1,050,000 Sold Price as of 10/14/2022 Refinance Your Mortgage

Map preview of 1734 E Lomita Ave, Orange, CA 92867

Property Overview: 1734 E Lomita Ave Orange, CA has 5 bedrooms, 2 bathrooms, 2,233 living square feet and 6,534 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: HUGE PRICE IMPROVEMENT!! Seller wants it sold! Don’t miss out on this great investment opportunity! This well kept, single story duplex is only shared by 1 wall connecting the garages, so it truly feels like 2 separate homes on a lot. There are no common walls joining any living space of these units giving this duplex more of an individual home feel. 1734 E Lomita is the 988 sq ft front unit featuring 2 large bedrooms, 1 full bath, a spacious kitchen with eating area, light and bright living room, laminate and tile flooring and access to its own laundry in the attached single car garage. The 2nd, 1245 sq ft unit is 1736 E Lomita boasting 3 large bedrooms, a spacious kitchen with lots of cabinetry, a dining area and large, light and bright living room. It also has its own single car garage with laundry hookups. Both units have been well cared for and have long term tenants who would love to stay. Some updates include newer flooring, replaced water heater, replaced gas line, dual paned windows and ceiling fans. Both units have their own water, gas and electricity meters that are paid by the tenants. There is additional room for 10 cars or potential RV parking. Prime location near shopping, restaurants, great schools, Old Towne Orange, Chapman University and easy freeway access. Shown by appointment.

Listed by Sheralyn McVeigh | BRE #01765691 | McVeigh Properties
Last checked: 16 minutes ago | Last updated: October 20th, 2022 | Source CRMLS | DOM: 49

Home details

Lot Sq. Ft
6,534
HOA Dues
$0/mo
Year built
1960
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
OC22171026
City
Orange
County
Orange
Time on Site
629 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,790
  • Total Rent: $21,480
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,025
  • Total Rent: $24,300
  • Pro Forma/Market Rent: $2,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $39,900
  • Net Operating Income: $39,180
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1,398
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Gardener: $600
  • Insurance: $798
  • Water/Sewer: $0

Property Details for 1734 E Lomita Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, In Garage, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile, Vinyl
  • All Bedrooms Down, Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Range
Interior Features
  • Ceiling Fan(s)
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Block, Wood
  • 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
Lot Information
  • Lot Features: Front Yard, Lawn, Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 38632202
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Property is Attached
  • Accessibility Features: No Interior Steps
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
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Other
  • Directions: West of 55 freeway / South of Collins / N. Tustin Street & E Lomita Avenue
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

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Sale History for 1734 E Lomita Ave

Last sold for $1,050,000 on October 14th, 2022
  • October, 2022

  • Oct 20, 2022

    Date

    Canceled

    CRMLS: OC22168587

    $1,099,900

    Price

  • Aug 3, 2022

    Date

    Active

    CRMLS: OC22168587

    $1,174,900

    Price

  • Listing provided courtesy of CRMLS

  • October, 2022

  • Oct 14, 2022

    Date

    Sold

    CRMLS: OC22171026

    $1,050,000

    Price

  • Aug 3, 2022

    Date

    Active

    CRMLS: OC22171026

    $1,174,900

    Price

  • August, 2022

  • Aug 3, 2022

    Date

    Canceled

    CRMLS: OC22084131

    $1,174,900

    Price

  • May 7, 2022

    Date

    Active

    CRMLS: OC22084131

    $1,249,000

    Price

  • Listing provided courtesy of CRMLS

    Don’t miss out on this great investment opportunity! This well kept, single story duplex is only shared by 1 wall connecting the garages, so it truly feels like 2 separate homes on a lot. The front unit has 2 large bedrooms, 1 full bath, a spacious kitchen with eating area, light and bright living room, laminate and tile flooring and access to its own laundry in the attached single car garage. The 2nd unit boasts 3 large bedrooms, spacious kitchen with dining area and large, light and bright living room. It also has its own single car garage with laundry. Both units have been well cared for and have long term tenants who would love to stay. Some updates include newer flooring, replaced water heater, replaced gas line, dual paned windows and ceiling fans. Both units have their own water, gas and electricity meters that are paid by the tenants. There is additional room for 10 cars or potential RV parking. Prime location near shopping, restaurants, great schools, Old Towne Orange, Chapman University and easy freeway access.

  • March, 2016

  • Mar 25, 2016

    Date

    Sold (Public Records)

    Public Records

    $638,000

    Price

  • September, 2002

  • Sep 3, 2002

    Date

    Sold (Public Records)

    Public Records

    $360,000

    Price

Show More

Tax History for 1734 E Lomita Ave

Assessed Value (2020): $690,591
Year Land Value Improved Value Assessed Value
2020 $599,800 $90,791 $690,591

Home Value Compared to the Market

This property vs the competition

1734 E Lomita Ave sold on October 14, 2022 for 6.27% higher than the current median sold price for the city of Orange which is $1,035,000. The median sold price per/sqft for Orange is $596 and this home is sold at $492.57 per/sqft which puts the price per square foot 17.35% lower than the current median sale per square foot for the city of Orange.

About 1734 E Lomita Ave

Detailed summary of property

1734 E Lomita Ave is a duplex that recently sold in Orange, CA 92867. This duplex offered 5 bedrooms, 2 bathrooms, roughly 2,233 living square feet, and sits on an approximately 6,534 square foot lot. 1734 E Lomita Ave was first listed on ArdentRealEstateGroup.com on August 3, 2022. The homeowner sold the property for $1,050,000. Home in Orange are selling for a median price of $1,035,000 and a median price per square foot of $596. Based on Ardent Real Estate Group's Orange Market Data, this home is sold 6.27% higher than the current median priced home. Local homes that are currently for sale include 2458 Chanslor St, 2406 Angela St and 13412 Norwalk Blvd. While the average home in Orange, CA is selling in 44 days, 1734 E Lomita Ave has a days on market of 49 days. There are currently 160 homes for sale in the Orange real estate market and 123 of them are single family homes while 29 of them are condos and 8 are townhomes. For more information on this home for sale at 1734 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 1734 E Lomita Ave

Public county record property details
Beds
3
Baths
1
Year built
1960
Sq. Ft.
988
Lot Size
6,993
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
17
APN
386-322-02

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
$1,255,000
Median List Price/Sq.Ft.
$575
Median Sold Price
$1,070,000
Median Sold Price/Sq.Ft.
$569
Total Inventory
47
Median Sale to List Price %
93.04%
Avg Days on Market
23
Loan Type
Conventional (50%), FHA (14.29%), VA (0%), Cash (21.43%), Other (14.29%)

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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.