3447 W Park Balboa Ave, Orange, CA 92868
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3447 W Park Balboa Ave Orange, CA 92868

$1,055,000 Sold Price as of 12/11/2020
  • 6 Beds
  • 6 Baths
  • 3,200 Sq.Ft.
Sold
$1,055,000 Sold Price as of 12/11/2020 Refinance Your Mortgage

Map preview of 3447 W Park Balboa Ave, Orange, CA 92868

Property Overview: 3447 W Park Balboa Ave Orange, CA has 6 bedrooms, 6 bathrooms, 3,200 living square feet and 6,098 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Incredible opportunity to buy a duplex in the city of Orange. Live in one and rent the other or buy as an investment property. These units are spacious and offer almost 1600 square feet per unit. Each offer a 3 bedroom and 2.5 bath, private yard and a two car garage. The property is centrally located off of the 22 freeway, about half a mile from the 5 freeway and a mile away from the 57 freeway with easy access. Close to UCI Medical Center, The Block shopping in Orange, movie theater and many restaurant choices nearby. Less than 10 minute from Chapman University, Old Town Orange and 9 minutes away from Disneyland park. The possibilities are endless with this property.

Listed by Mohammad Elqanni | BRE #01902637 | Black Rock Realty
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
6,098
HOA Dues
$19/mo
Year built
1977
Garage
4 Car
Property Type:
Duplex
Status
Sold
MLS#
OC20202435
City
Orange
County
Orange
Time on Site
1290 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: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,700
  • Total Rent: $2,700
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.3%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $66,000
  • Net Operating Income: $61,500
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $4,500
  • New Taxes: $6,500
  • Trash: $1,100
  • Insurance: $1,000

Property Details for 3447 W Park Balboa Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Family Room
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: Back Yard, Landscaped
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 23130313
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $75 (Quarterly)
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Other
  • Directions: Follow Google Maps
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 3447 W Park Balboa Ave

Last sold for $1,055,000 on December 11th, 2020
  • December, 2020

  • Dec 15, 2020

    Date

    Sold

    CRMLS: OC20202435

    $1,055,000

    Price

  • Nov 4, 2020

    Date

    Active Under Contract

    CRMLS: OC20202435

    $997,500

    Price

  • Oct 22, 2020

    Date

    Active

    CRMLS: OC20202435

    $997,500

    Price

  • December, 2020

  • Dec 11, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,055,000

    Price

  • May, 2020

  • May 18, 2020

    Date

    Canceled

    CRMLS: RS20068997

    $999,900

    Price

  • May 13, 2020

    Date

    Active

    CRMLS: RS20068997

    $999,900

    Price

  • May 1, 2020

    Date

    Active Under Contract

    CRMLS: RS20068997

    $999,900

    Price

  • May 1, 2020

    Date

    Active

    CRMLS: RS20068997

    $999,900

    Price

  • Apr 6, 2020

    Date

    Active Under Contract

    CRMLS: RS20068997

    $999,900

    Price

  • Apr 4, 2020

    Date

    Active

    CRMLS: RS20068997

    $999,900

    Price

  • Listing provided courtesy of CRMLS

    Big Spacious DUPLEX! 1,582 square feet in each unit. Each unit rents as a single home due to the large space and private entrance. Located in the heart of Southern California, very easy to keep occupied. Good long term tenants are in place in both units, on a month to month agreement. Conveniently located close to metropolitan areas with easy access to freeways and surrounded by major California employers. Inside spacious 3 bedrooms and 2 full bathrooms up and half bath downstairs. Both units are the same layout just mirror to one another with one mutual wall. The owner has cared for the property with a new roof and upgraded vinyl windows and air conditioning units. A very unique property easy to care and easy HOA at an annual cost of only $300 paid quarterly at $75. Keep the property rented with current tenants or move into one and rent the other.

  • February, 2019

  • Feb 14, 2019

    Date

    Canceled

    CRMLS: PW18250293

    $979,999

    Price

  • Jan 9, 2019

    Date

    Price Change

    CRMLS: PW18250293

    $979,999

    Price

  • Dec 1, 2018

    Date

    Price Change

    CRMLS: PW18250293

    $999,999

    Price

  • Oct 15, 2018

    Date

    Active

    CRMLS: PW18250293

    $1,020,000

    Price

  • Listing provided courtesy of CRMLS

    This outstanding duplex offers a bundle of opportunities for investors. Each 2 story unit offers three bedrooms and two in-half bathrooms. Both units come complete with a two car garage and private back yards with patio areas. In the first unit you'll find beautiful hardwood floors, spacious rooms, and various upgrades. The second unit boasts the same floor plan with beautiful white tile flooring. Recent property upgrades include new dual pane windows, new sliding glass doors, and new carpet. Located close to Chapman University, shopping centers, amusement parks, restaurants, hospitals and easy access to multiple freeways.

  • September, 2018

  • Sep 25, 2018

    Date

    Expired

    CRMLS: RS18151536

    $1,020,000

    Price

  • Jun 26, 2018

    Date

    Active

    CRMLS: RS18151536

    $1,020,000

    Price

  • Listing provided courtesy of CRMLS

    Great income producing Dulex with very loyal and long term tenants. Each units has a great 3 bedrooms and 2 and-a-half bath with a large 2 car attached garage and a drive way for more parking area. Private yards for the tenants' benefit. Newly installed garage doors. Many more benefits for a long term investments that attract long term tenants. Great area where the units are conveniently located close to major freeways, shops, Costco, restaurants, Disney Land, Outlets, UCI Medical Center, Saint Joseph Hospitals, Angel Stadium, which are all signs of a good stable community.

  • June, 2018

  • Jun 3, 2018

    Date

    Canceled

    CRMLS: PW18051691

    $999,000

    Price

  • Mar 6, 2018

    Date

    Active

    CRMLS: PW18051691

    $999,000

    Price

  • Listing provided courtesy of CRMLS

    This outstanding duplex offers an bundle of opportunities for investors. Each unit offers three bedrooms and two in-half baths plus two car garage and private rear yards with patio area. Upgrades: Dual pane windows, sliding doors and carpet. Located close to Chapman University, shopping centers, amusement parks, restaurants, hospitals and easy access to multiple freeways.

  • February, 2018

  • Feb 1, 2018

    Date

    Expired

    CRMLS: OC17220269

    $985,000

    Price

  • Jan 22, 2018

    Date

    Active

    CRMLS: OC17220269

    $985,000

    Price

  • Jan 16, 2018

    Date

    Active Under Contract

    CRMLS: OC17220269

    $985,000

    Price

  • Oct 6, 2017

    Date

    Active

    CRMLS: OC17220269

    $985,000

    Price

  • Sep 29, 2017

    Date

    Active Under Contract

    CRMLS: OC17220269

    $985,000

    Price

  • Sep 23, 2017

    Date

    Active

    CRMLS: OC17220269

    $985,000

    Price

  • Listing provided courtesy of CRMLS

    Well maintained duplex in a desirable area in the city of Orange. Each unit boasts a whopping 3 bedrooms, 2.5 baths, fireplace, 2 levels, 2 car garage. Each unit has a paved back patio and at least 2 car driveway. Newer dual pane windows and sliding doors for quiet living. Located close to shopping, freeways, hospitals, Disneyland, Angels Stadium and Honda Center. Properties rarely come on the market in this neighborhood. UPDATE 12/17: Just replaced upstairs carpet in both units.

  • August, 1997

  • Aug 18, 1997

    Date

    Sold (Public Records)

    Public Records

    $221,000

    Price

Show More

Tax History for 3447 W Park Balboa Ave

Assessed Value (2020): $322,512
Year Land Value Improved Value Assessed Value
2020 $109,462 $213,050 $322,512

Home Value Compared to the Market

This property vs the competition

3447 W Park Balboa Ave sold on December 11, 2020 for 5% 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 $311.72 per/sqft which puts the price per square foot 48.98% lower than the current median sale per square foot for the city of Orange.

About 3447 W Park Balboa Ave

Detailed summary of property

3447 W Park Balboa Ave is a duplex that recently sold in Orange, CA 92868. This duplex offered 6 bedrooms, 6 bathrooms, roughly 3,200 living square feet, and sits on an approximately 6,098 square foot lot. 3447 W Park Balboa Ave was first listed on ArdentRealEstateGroup.com on October 22, 2020. The homeowner sold the property for $1,055,000. 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 5% lower than the current median priced home. Local homes that are currently for sale include 6728 Friends Ave, 6728 Friends Ave and 1033 Prospect Ave. This home does have a Homeowners Association and the monthly fee is $19 per month. While the average home in Orange, CA is selling in 44 days, 3447 W Park Balboa Ave has a days on market of 13 days. There are currently 156 homes for sale in the Orange real estate market and 119 of them are single family homes while 30 of them are condos and 7 are townhomes. For more information on this home for sale at 3447 W Park Balboa Ave Orange, CA 92868 contact Ardent Real Estate Group and we will put you in touch with one of our Orange agents.

Public Facts for 3447 W Park Balboa Ave

Public county record property details
Beds
--
Baths
--
Year built
1977
Sq. Ft.
3,164
Lot Size
6,269
Stories
2
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
30
APN
231-303-13

The source for these homes facts are from public records.

92868 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$779,900
Median List Price/Sq.Ft.
$591
Median Sold Price
$920,000
Median Sold Price/Sq.Ft.
$568
Total Inventory
10
Median Sale to List Price %
101.1%
Avg Days on Market
33
Loan Type
Conventional (28.57%), FHA (14.29%), VA (14.29%), Cash (42.86%), Other (0%)

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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.