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454 S Shaffer St, Orange, CA 92866
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454 S Shaffer St Orange, CA 92866

$1,070,000 Sold Price as of 07/21/2022
  • 5 Beds
  • 2 Baths
  • 1,500 Sq.Ft.
Sold
$1,070,000 Sold Price as of 07/21/2022 Refinance Your Mortgage
Map preview of 454 S Shaffer St, Orange, CA 92866

Property Overview: 454 S Shaffer St Orange, CA has 5 bedrooms, 2 bathrooms, 1,500 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: Amazing Multi Family Investment opportunity in Downtown Orange, near Chapman University and The Orange Circle! 452 & 454 S Shaffer St is a beautiful duplex with huge income potential. This Duplex is an investor’s dream with it's ideal location next to Chapman University and the popular Downtown Orange and The Circle. There is also potential for adding an ADU in the large rear area of the property (buyer to do own due diligence). This asset has been family owned and managed for over 40yrs. This is the first time the property has come on the market in over four decades! Located on large lot, this duplex has a desirable unit mix with an updated 3 bed 1 bath apartment on the 1st floor and an updated 2 bed 1 bath apartment on the second floor. The property offers appealing amenities including security doors, a shared courtyard and large backyard, two 1 car garages, + extra storage and shared parking. Both units are ready for the busy summer season where you to set your own rents or even live in one unit while generating income from the other.

Listed by Daniel Gutierrez | BRE #02047363 | Allview Real Estate
Last checked: 7 minutes ago | Last updated: February 9th, 2023 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
6,098
HOA Dues
$0/mo
Year built
1954
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
PW22126699
City
Orange
County
Orange
Time on Site
706 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $68,400
  • Net Operating Income: $63,400
  • Gross Operating Income: --
  • Other Income Description: Market Rent
Annual Expense Breakdown
  • Total Operating Expense: $5,000
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $400
  • Insurance: $1,300
  • Water/Sewer: $500

Property Details for 454 S Shaffer St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Natural Gas
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Gas Range
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Asbestos Shingle
  • Has Fence
  • Chain Link, 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: 6
  • Has Parking
  • Parking Features: Driveway, Driveway - Combination, Concrete, Garage Faces Rear, Garage - Two Door, Off Street, On Site
Lot Information
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Lawn, Level with Street
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 39041420
  • Year Built Source: Public Records
  • Foundation Details: Slab
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
Location / Neighborhood
Location Information
  • Directions: S Shaffer and E La Veta Ave
  • Road Frontage Type: Alley, City Street
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Orange Agent

Sale History for 454 S Shaffer St

Last leased for $2,900 on February 9th, 2023

  • February, 2023

  • Feb 9, 2023

    Date

    Leased

    CRMLS: PW23016049

    $2,900

    Price

  • Jan 30, 2023

    Date

    Active

    CRMLS: PW23016049

    $3,095

    Price

  • Listing provided courtesy of CRMLS

    *MOVE IN SPECIAL* 1/2 Off First Months Rent! Bottom Floor 3 Bed/1 Bath Available! Newly renovated, first floor, 3 bed/1 bath condo available in the City of Orange! This unit has been upgraded with hardwood like floors throughout. The kitchen has beautiful wood cabinetry, stainless steel oven/stove appliance, and recessed lighting. New bathroom vanity, fresh paint, and ceiling fans have been installed throughout the home. Located less than a mile from the Orange Circle, where you can find tons of restaurants, shops and entertainment.

  • July, 2022

  • Jul 21, 2022

    Date

    Sold

    CRMLS: PW22126699

    $1,070,000

    Price

  • Jun 12, 2022

    Date

    Active

    CRMLS: PW22126699

    $1,049,995

    Price

Show More

Tax History for 454 S Shaffer St

Assessed Value (2020): $332,564
Year Land Value Improved Value Assessed Value
2020 $279,454 $53,110 $332,564

Home Value Compared to the Market

This property vs the competition

454 S Shaffer St sold on July 21, 2022 for 0% 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 $700 per/sqft which puts the price per square foot 14.57% higher than the current median sale per square foot for the city of Orange.

About 454 S Shaffer St

Detailed summary of property

454 S Shaffer St is a duplex that recently sold in Orange, CA 92866. This duplex offered 5 bedrooms, 2 bathrooms, roughly 1,500 living square feet, and sits on an approximately 6,098 square foot lot. 454 S Shaffer St was first listed on ArdentRealEstateGroup.com on June 12, 2022. The homeowner sold the property for $1,070,000. 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 0% lower than the current median priced home. Local homes that are currently for sale include 12213 Firestone Blvd, 14333 Flallon Ave and 2458 Chanslor St. While the average home in Orange, CA is selling in 46 days, 454 S Shaffer St has a days on market of 11 days. There are currently 149 homes for sale in the Orange real estate market and 120 of them are single family homes while 22 of them are condos and 7 are townhomes. For more information on this home for sale at 454 S Shaffer 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 454 S Shaffer St

Public county record property details
Beds
--
Baths
--
Year built
1954
Sq. Ft.
1,582
Lot Size
6,436
Stories
2
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
19
APN
390-414-20

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
$1,195,000
Median List Price/Sq.Ft.
$745
Median Sold Price
$1,050,000
Median Sold Price/Sq.Ft.
$616
Total Inventory
17
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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Thinking of Selling?
Call, Text or Message
(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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