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340 N Cleveland St, Orange, CA 92866
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340 N Cleveland St Orange, CA 92866

$1,280,000 Sold Price as of 01/26/2024
  • 4 Beds
  • 2 Baths
  • 1,620 Sq.Ft.
Sold
$1,280,000 Sold Price as of 01/26/2024 Refinance Your Mortgage
Map preview of 340 N Cleveland St, Orange, CA 92866

Property Overview: 340 N Cleveland St Orange, CA has 4 bedrooms, 2 bathrooms, 1,620 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: Situated within a short stroll of Chapman University, the iconic Orange Circle, and the charming Orange Library, this opportunity to own a wonderful duplex in Old Town Orange with possibilities of adding additional units. Zoned R-1-6 and city states at least 2 additional units could be added with city approvals. These Units have been remodeled in the last few years with all new kitchens, bathrooms, cabinetry, all interior doors, paint, flooring and lighting.Floor plans feel larger than the square footage. There is also a 3 car garage and 3 car driveway(with expansion possible).There is a nice inviting walkway that leads to a side courtyard that directs you to both units. Further you will find a large private backyard that has so many possibilities! 1 unit has been used as an Air BnB and has brought in $65k in 2022 and $67k in 2023.

Listed by Anthony Leocadio | BRE #01737259 | Reliance Real Estate Services
Co-listed by Mayra Zuleta | BRE #02101189 | Reliance Real Estate Services
Last checked: 16 minutes ago | Last updated: January 27th, 2024 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
6,534
HOA Dues
$0/mo
Year built
1968
Garage
3 Car
Property Type:
Duplex
Status
Sold
MLS#
PW24006127
City
Orange
County
Orange
Time on Site
116 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: 2
  • Garaged Attached? No
  • Actual Rent: $5,625
  • Total Rent: $5,625
  • Pro Forma/Market Rent: $5,625
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $6,000
  • Net Operating Income: $5,250
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $250
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $85
  • Insurance: $200
  • Water/Sewer: $75

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 340 N Cleveland St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central, Natural Gas
Laundry Information
  • Has Laundry
  • Community, In Garage
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Tile
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Dishwasher, ENERGY STAR Qualified Appliances, Free-Standing Range, Disposal, Gas Range, Microwave, Recirculated Exhaust Fan, Self Cleaning Oven
Interior Features
  • Ceiling Fan(s), Granite Counters, Recessed Lighting, Storage
  • Levels: Two
  • Door Features: Mirror Closet Door(s), Panel Doors
Exterior Features
Exterior Information
  • Awning(s), Rain Gutters
  • 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: 3
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Driveway, Concrete, Garage Faces Front, Garage - Two Door
Lot Information
  • Lot Features: Back Yard, Front Yard, Garden, Lawn, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Mountain(s)
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 38613116
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is Attached
  • Property Condition: Repairs Cosmetic, Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: On Cleveland between E. Sycamore and E.Palm
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
View more facts & features

Local Orange Agent

Sale History for 340 N Cleveland St

Last sold for $1,280,000 on January 26th, 2024

  • January, 2024

  • Jan 26, 2024

    Date

    Sold

    CRMLS: PW24006127

    $1,280,000

    Price

  • Jan 10, 2024

    Date

    Active

    CRMLS: PW24006127

    $1,088,000

    Price

  • July, 2017

  • Jul 24, 2017

    Date

    Canceled

    CRMLS: OC17114375

    $1,875

    Price

  • Jul 21, 2017

    Date

    Withdrawn

    CRMLS: OC17114375

    $1,875

    Price

  • Jun 30, 2017

    Date

    Active Under Contract

    CRMLS: OC17114375

    $1,875

    Price

  • Jun 28, 2017

    Date

    Price Change

    CRMLS: OC17114375

    $1,875

    Price

  • May 25, 2017

    Date

    Price Change

    CRMLS: OC17114375

    $2,000

    Price

  • May 23, 2017

    Date

    Active

    CRMLS: OC17114375

    $1,695

    Price

  • Listing provided courtesy of CRMLS

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Tax History for 340 N Cleveland St

Assessed Value (2020): $423,918
Year Land Value Improved Value Assessed Value
2020 $335,400 $88,518 $423,918

Home Value Compared to the Market

This property vs the competition

340 N Cleveland St sold on January 26, 2024 for 21.9% higher 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 $790.12 per/sqft which puts the price per square foot 29.32% higher than the current median sale per square foot for the city of Orange.

About 340 N Cleveland St

Detailed summary of property

340 N Cleveland St is a duplex that recently sold in Orange, CA 92866. This duplex offered 4 bedrooms, 2 bathrooms, roughly 1,620 living square feet, and sits on an approximately 6,534 square foot lot. 340 N Cleveland St was first listed on ArdentRealEstateGroup.com on January 11, 2024. The homeowner sold the property for $1,280,000. 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 21.9% higher than the current median priced home. Local homes that are currently for sale include 7912 13th St, 8402 Slater Ave and 7122 Natal Dr. While the average home in Orange, CA is selling in 44 days, 340 N Cleveland St has a days on market of 5 days. There are currently 159 homes for sale in the Orange real estate market and 126 of them are single family homes while 27 of them are condos and 6 are townhomes. For more information on this home for sale at 340 N Cleveland St Orange, CA 92866 contact Ardent Real Estate Group and we will put you in touch with one of our Orange agents.

Public Facts for 340 N Cleveland St

Public county record property details
Beds
--
Baths
--
Year built
1968
Sq. Ft.
1,620
Lot Size
6,529
Stories
2
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
8
APN
386-131-16

The source for these homes facts are from public records.

92866 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,198,888
Median List Price/Sq.Ft.
$716
Median Sold Price
$1,050,000
Median Sold Price/Sq.Ft.
$616
Total Inventory
16
Median Sale to List Price %
100%
Avg Days on Market
14
Loan Type
Conventional (33.33%), FHA (16.67%), VA (0%), Cash (50%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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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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