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3725 W Park Balboa Ave, Orange, CA 92868
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3725 W Park Balboa Ave Orange, CA 92868

$1,085,000 Sold Price as of 08/18/2022
  • 6 Beds
  • 5 Baths
  • 2,925 Sq.Ft.
Sold
$1,085,000 Sold Price as of 08/18/2022 Refinance Your Mortgage
Map preview of 3725 W Park Balboa Ave, Orange, CA 92868

Property Overview: 3725 W Park Balboa Ave Orange, CA has 6 bedrooms, 5 bathrooms, 2,925 living square feet and 6,851 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Check out this amazing investment opportunity in the city of Orange. Here is your opportunity to buy a duplex in a great neighborhood that is close to shopping and plenty of dining options. Each unit consists of 3 bedrooms and 2 bathrooms with about 1500 sq. feet each of living area and a 2 car garage. Unit#1 Has an updated kitchen with granite counters, new kitchen cabinets, new quality laminate flooring on the main floor, the bottom floor bathroom has also been remodeled. Unit#2 has the same dimensions as unit #1, the floors on the main level have been updated on this unit. Each unit also has its own patio area. Rents on both units will be increasing by September on both units. This property in conveniently located within 4 miles to The Orange Circle and Chapman University and less than a mile from the block of Orange and UC Irvine Hospital.

Listed by Pedro Gomez | BRE #02051388 | Armando Fernandez, Broker
Last checked: 9 minutes ago | Last updated: September 2nd, 2022 | Source CRMLS | DOM: 19

Home details

Lot Sq. Ft
6,851
HOA Dues
$21/mo
Year built
1979
Garage
4 Car
Property Type:
Duplex
Status
Sold
MLS#
RS22153746
City
Orange
County
Orange
Time on Site
655 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: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • 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: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $54,000
  • Net Operating Income: $51,936
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $2,064
  • Trash: $140
  • Insurance: $1,000
  • Water/Sewer: $600
  • Other Expenses: $324

Property Details for 3725 W Park Balboa Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
Fireplace Information
  • Has Fireplace
  • Family Room
Room Information
  • Flooring: Carpet, Laminate
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Covered
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 23128116
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $81 (Quarterly)
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Natural Gas Available, Sewer Connected, Water Available
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Park City Duplexes (PKCT)
  • Directions: City Dr. South to West Park Central go West to Park Balboa Go north on R side
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Orange Agent

Sale History for 3725 W Park Balboa Ave

Last sold for $1,085,000 on August 18th, 2022

  • August, 2022

  • Aug 18, 2022

    Date

    Sold

    CRMLS: RS22153746

    $1,085,000

    Price

  • Jul 13, 2022

    Date

    Active

    CRMLS: RS22153746

    $1,100,000

    Price

Tax History for 3725 W Park Balboa Ave

Assessed Value (2020): $499,620
Year Land Value Improved Value Assessed Value
2020 $276,354 $223,266 $499,620

Home Value Compared to the Market

This property vs the competition

3725 W Park Balboa Ave sold on August 18, 2022 for 4.76% 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 $376.07 per/sqft which puts the price per square foot 38.45% lower than the current median sale per square foot for the city of Orange.

About 3725 W Park Balboa Ave

Detailed summary of property

3725 W Park Balboa Ave is a duplex that recently sold in Orange, CA 92868. This duplex offered 6 bedrooms, 5 bathrooms, roughly 2,925 living square feet, and sits on an approximately 6,851 square foot lot. 3725 W Park Balboa Ave was first listed on ArdentRealEstateGroup.com on July 26, 2022. The homeowner sold the property for $1,085,000. 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 4.76% higher than the current median priced home. Local homes that are currently for sale include 7851 Cypress Dr, 12103 Burgess Ave and 12102 Colima Rd. This home does have a Homeowners Association and the monthly fee is $21 per month. While the average home in Orange, CA is selling in 45 days, 3725 W Park Balboa Ave has a days on market of 19 days. There are currently 158 homes for sale in the Orange real estate market and 125 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 3725 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 3725 W Park Balboa Ave

Public county record property details
Beds
6
Baths
4
Year built
1978
Sq. Ft.
2,925
Lot Size
7,480
Stories
1
Type
Planned Unit Development (Pud) (Residential)
Pool
No
Spa
No
County
Orange
Lot#
38
APN
231-281-16

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
$835,000
Median List Price/Sq.Ft.
$591
Median Sold Price
$920,000
Median Sold Price/Sq.Ft.
$568
Total Inventory
11
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%)

Thinking of Selling?

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Recently Sold Homes Near 3725 W Park Balboa Ave

3621 W Park Balboa Ave, Orange, CA 92868
$1,020,000 Last Sold Price
6 Beds
6 Baths
2925 Sq.Ft.
3621 W Park Balboa Ave
Orange, CA 92868
3603 W Park Balboa Ave, Orange, CA 92868
$1,240,000 Last Sold Price
-- Beds
-- Baths
2 Sq.Ft.
3603 W Park Balboa Ave
Orange, CA 92868
3811 W Park Balboa Ave, Orange, CA 92868
$1,150,000 Last Sold Price
6 Beds
5 Baths
2925 Sq.Ft.
3811 W Park Balboa Ave
Orange, CA 92868
3529 W Park Central Ave, Orange, CA 92868
$875,000 Last Sold Price
6 Beds
4 Baths
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3529 W Park Central 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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