Search
705 E Walnut Ave, Orange, CA 92867
Image 2 for 705 E Walnut Ave, Orange, CA 92867
Image 3 for 705 E Walnut Ave, Orange, CA 92867
View Photos

705 E Walnut Ave Orange, CA 92867

$1,300,000
  • 4 Beds
  • 1.5 Baths
  • 1,888 Sq.Ft.
For Sale
$1,300,000 Get Pre-Qualified
Map preview of 705 E Walnut Ave, Orange, CA 92867

Property Overview: 705 E Walnut Ave Orange, CA has 4 bedrooms, 1.5 bathrooms, 1,888 living square feet and 6,098 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to 705 E. Walnut Avenue, a Single Level Duplex Located Just Blocks from Chapman University and Old Town Orange. Each Unit is Two Bedroom/One Bathroom and approximately 944 Square Feet. Conveniently Located Indoor Laundry for Each Unit. Each Unit Has a Large Yard Showcasing Water Saving Landscaping and Automatic Sprinkler System. One Detached Three Car Garage Along With Three Additional Driveway Parking Spaces. Each Unit Has Separate Electric Meters. This is the Perfect Investment Property Given the Proximity to Chapman University, Old Town Orange, Orange Train Station, and Freeway Access. Do Not Miss Out on 705 E. Walnut Avenue! The Home Is Drive By Only For The Time Being.

Listed by Jon Lee | BRE #01956483 | Camelot West Residential
Co-listed by Jennifer Esser | BRE #00833875 | Camelot West Residential
Last checked: 9 minutes ago | Last updated: April 13th, 2024 | Source CRMLS | DOM: 9
Get a $3,900 Cash Reward New

Buy this home with Ardent Real Estate Group and get $3,900 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
6,098
HOA Dues
$0/mo
Year built
1927
Garage
2 Car
Property Type:
Duplex
Status
Active
MLS#
PW24069273
City
Orange
County
Orange
Time on Site
13 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: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.3%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $64,800
  • Net Operating Income: $42,742
  • Gross Operating Income: $62,856
Annual Expense Breakdown
  • Total Operating Expense: $17,429
  • Gas/Fuel: $0
  • New Taxes: $13,500
  • Trash: $420
  • Gardener: $1,320
  • Insurance: $1,319
  • Water/Sewer: $870

Open Houses for 705 E Walnut Ave

No upcoming open houses

Schedule Tour

Property Details for 705 E Walnut Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Kitchen, Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • All Bedrooms Down, Entry, Family Room, Kitchen, Main Floor Bedroom
Interior Features
  • Beamed Ceilings
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: Back Yard, Landscaped, Lawn
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 38623113
  • Year Built Source: Estimated
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Cross Streets: N Cambridge St and E Walnut Ave
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Orange Agent

Sale History for 705 E Walnut Ave

Last leased for $2,800 on May 1st, 2018

  • April, 2024

  • Apr 12, 2024

    Date

    Active

    CRMLS: PW24069273

    $1,300,000

    Price

  • September, 2022

  • Sep 14, 2022

    Date

    Canceled

    CRMLS: PW22152732

    $1,400,000

    Price

  • Jul 12, 2022

    Date

    Active

    CRMLS: PW22152732

    $1,400,000

    Price

  • Listing provided courtesy of CRMLS

  • February, 2019

  • Feb 28, 2019

    Date

    Leased

    CRMLS: OC18044660

    $2,800

    Price

  • Apr 24, 2018

    Date

    Hold

    CRMLS: OC18044660

    $2,450

    Price

  • Mar 7, 2018

    Date

    Price Change

    CRMLS: OC18044660

    $2,450

    Price

  • Mar 6, 2018

    Date

    Price Change

    CRMLS: OC18044660

    $2,550

    Price

  • Mar 1, 2018

    Date

    Active

    CRMLS: OC18044660

    $2,600

    Price

  • Listing provided courtesy of CRMLS

    LEASE - A Duplex with CHARACTER & STYLE - Unit 703. Now is your chance to LIVE near the heart of OLD TOWN ORANGE and the famous PLAZA / CIRCLE. Close to Prestigious CHAPMAN UNIVERSITY. Enjoy the benefits of a CHARMING & CLASSIC location. This UNIQUE 2 Bedroom, 1 Bath with private Yard, driveway and Garage has nearly 1,000 sq.ft of Living Space. Recently remodeled kitchen and bathroom features Oak Hard Wood Floors. ENJOY Beautifully Landscaped Grounds and a large backyard. Walk to Parks, schools, Restaurants or Classic Turn of the Century Churches. CHAPMAN UNIVERSITY is just down the street. Landlord is open to interim leasing to MATURE College Students or Faculty. Front & Backyard features WATER SAVING LANDSCAPING and AUTOMATIC SPRINKLER SYSTEM. Separate Water & Electric Meter. Available for showings immediately. Hurry while it last!

  • August, 2017

  • Aug 16, 2017

    Date

    Sold

    CRMLS: PW17118892

    $865,000

    Price

  • Jul 11, 2017

    Date

    Active Under Contract

    CRMLS: PW17118892

    $897,800

    Price

  • Jun 29, 2017

    Date

    Price Change

    CRMLS: PW17118892

    $897,800

    Price

  • May 28, 2017

    Date

    Active

    CRMLS: PW17118892

    $999,995

    Price

  • Listing provided courtesy of CRMLS

    MAJOR PRICE REDUCTION! HEART OF OLD TOWN ORANGE. 703 & 705 E. WALNUT AVE. SINGLE LEVEL DUPLEX LOCATED JUST A FEW BLOCKS FROM CHAPMAN UNIVERSITY AND OLD TOWN ORANGE. WALK TO OLD TOWN FOR DINNER. LOCATED JUST A FEW BLOCKS FROM THE ORANGE TRAIN STATION FOR EASY COMMUTE. EACH UNIT IS A 2 BEDROOM, 1 BATH UNIT. UNITS WERE RECENTLY REMODELED AND EACH UNIT FEATURES OAK HARDWOOD FLOORS IN THE KITCHEN. PARKING IS NO PROBLEM WITH A 3 CAR DETACHED GARAGE AND PARKING PAD FOR 3 CARS. PERFECT INVESTMENT PROPERTY GIVEN PROXIMITY TO THE CHAPMAN UNIVERSITY, AND UNITS ARE ALWAYS RENTED. YOU COULD LIVE IN ONE AND RENT THE OTHER OR RENT BOTH SIDES. EACH UNIT HAS ITS OWN WASHER AND DRYER AND YARD SPACE. BEAUTIFULLY LANDSCAPED GROUNDS AND LARGE BACK YARD FEATURING WATER SAVING LANDSCAPING AND AUTOMATIC SPRINKLER SYSTEM. SEPARATE WATER AND ELECTRIC METERS.

  • August, 2017

  • Aug 15, 2017

    Date

    Sold (Public Records)

    Public Records

    $865,000

    Price

  • October, 2006

  • Oct 10, 2006

    Date

    Sold (Public Records)

    Public Records

    $750,000

    Price

Show More

Tax History for 705 E Walnut Ave

Assessed Value (2020): $899,946
Year Land Value Improved Value Assessed Value
2020 $843,469 $56,477 $899,946

Home Value Compared to the Market

This property vs the competition

705 E Walnut Ave is listed 18.72% higher than the median list price for the city of Orange which has a median list price of $1,095,000. The median price per/sqft for Orange is $609 and this home is listed at $688.56 per/sqft which puts the price per square foot 13.06% higher than the median price per square foot for the city of Orange.

About 705 E Walnut Ave

Detailed summary of property

705 E Walnut Ave is a duplex located in Orange, CA 92867 and is currently for sale. This duplex offers 4 bedrooms, 1.5 bathrooms, roughly 1,888 living square feet, and sits on an approximately 6,098 square foot lot. 705 E Walnut Ave was first listed on ArdentRealEstateGroup.com on April 12, 2024. The homeowner is currently asking $1,300,000. The median priced home in Orange is $1,095,000 with a median price per square foot of $609. Based on Ardent Real Estate Group's Orange Market Data, this home is listed 18.72% higher than the median priced home. Local competing homes currently for sale include 1600 Picadilly Way, 7912 13th St and 7122 Natal Dr. While the average home in Orange, CA is selling in 43 days, 705 E Walnut Ave has a days on market of 9 days. There are currently 162 homes for sale in the Orange real estate market and 124 of them are single family homes while 31 of them are condos and 7 are townhomes. For more information on this home for sale at 705 E Walnut 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 705 E Walnut Ave

Public county record property details
Beds
--
Baths
--
Year built
1927
Sq. Ft.
1,888
Lot Size
6,290
Stories
2
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
1
APN
386-231-13

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
$1,200,000
Median List Price/Sq.Ft.
$578
Median Sold Price
$1,070,000
Median Sold Price/Sq.Ft.
$569
Total Inventory
46
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%)

Tour This Home

Buy with Ardent Real Estate Group and save $3,900.

Image Description
Contact Jon
Orange Agent
Call, Text or Message
(714) 706-1823
Get a $3,900 Cash Reward New

Buy this home with Ardent Real Estate Group and get $3,900 back.

Call/Text (714) 706-1823

Homes for Sale Near 705 E Walnut Ave

Nearby Homes for Sale

233 S Esplanade St, Orange, CA 92869
$1,329,990
6 Beds
4 Baths
2832 Sq.Ft.
233 S Esplanade St
Orange, CA 92869
825 S Claudina St, Anaheim, CA 92805
$1,350,000
7 Beds
4 Baths
2636 Sq.Ft.
825 S Claudina St
Anaheim, CA 92805
471 E Broadway, Anaheim, CA 92805
$1,465,000
6 Beds
6 Baths
3009 Sq.Ft.
471 E Broadway
Anaheim, CA 92805
403 N N Harbor Blvd, Anaheim, CA 92805
$1,469,000
5 Beds
5 Baths
2820 Sq.Ft.
403 N N Harbor Blvd
Anaheim, CA 92805
1818 W Glenoaks Ave, Anaheim, CA 92801
$1,499,900
8 Beds
4 Baths
3827 Sq.Ft.
1818 W Glenoaks Ave
Anaheim, CA 92801
607 N Harbor Blvd, Fullerton, CA 92832
$1,199,990
5 Beds
3 Baths
2187 Sq.Ft.
607 N Harbor Blvd
Fullerton, CA 92832
17150 San Mateo St, Fountain Valley, CA 92708
$1,300,000
4 Beds
4 Baths
3012 Sq.Ft.
17150 San Mateo St
Fountain Valley, CA 92708
8860 Tina Way, Anaheim, CA 92804
$1,550,000
8 Beds
4 Baths
3600 Sq.Ft.
8860 Tina Way
Anaheim, CA 92804

Recently Sold Homes Near 705 E Walnut Ave

374 N Pine St, Orange, CA 92866
$806,000 Last Sold Price
2 Beds
2 Baths
960 Sq.Ft.
374 N Pine St
Orange, CA 92866
340 N Cleveland St, Orange, CA 92866
$1,280,000 Last Sold Price
4 Beds
2 Baths
1620 Sq.Ft.
340 N Cleveland St
Orange, CA 92866
330 N Shaffer St, Orange, CA 92866
$950,000 Last Sold Price
5 Beds
2 Baths
1800 Sq.Ft.
330 N Shaffer St
Orange, CA 92866
367 N Waverly St, Orange, CA 92866
$1,774,500 Last Sold Price
6 Beds
5 Baths
2497 Sq.Ft.
367 N Waverly St
Orange, CA 92866

Related Resources to 705 E Walnut Ave

New Listings in 92867
Popular Zip Codes
Popular Cities
Other Orange Resources

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.

Call