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733 S Fondren St, Orange, CA 92868
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733 S Fondren St Orange, CA 92868

$1,650,000
  • 8 Beds
  • 6 Baths
  • 4,536 Sq.Ft.
For Sale
$1,650,000 Get Pre-Qualified
Map preview of 733 S Fondren St, Orange, CA 92868

Property Overview: 733 S Fondren St Orange, CA has 8 bedrooms, 6 bathrooms, 4,536 living square feet and 6,720 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: Wonderful investment opportunity for this 4 unit property located in West Orange. This property is comprised of 4 town-home style units, each with 2 bedrooms and 1.5 bathrooms. There are two, 2-car garages at the rear of the building as well as a separate community laundry room with leased coin-operated washer & dryer. Income from laundry room is approximately $250-$300 per quarter. Rear fenced patios provide additional outdoor space for your tenants. No balconies to worry about here! This quadruplex is located within the desirable Palm Tree Gardens Community with a total monthly HOA dues of $300 that covers landscape and landscape maintenance, sidewalks and community pool. The exterior of the building has just been painted June 2024. Centrally located to shopping at the Outlets of Orange, freeways, transportation and UCI Medical Center. Landlord has not had a vacancy in over 5 years and these units seldom come on the market for sale so don't miss this rare opportunity!

Listed by Lisa Blanc | BRE #01260813 | Seven Gables Real Estate
Co-listed by Krista Blanc | BRE #02009636 | Seven Gables Real Estate
Last checked: 2 minutes ago | Last updated: August 22nd, 2024 | Source CRMLS | DOM: 99

Home details

Lot Sq. Ft
6,720
HOA Dues
$300/mo
Year built
1963
Garage
4 Car
Property Type:
Fourplex
Status
Active
MLS#
PW24114744
City
Orange
County
Orange
Time on Site
100 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,875
  • Total Rent: $5,625
  • Pro Forma/Market Rent: $7,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $115,200
  • Net Operating Income: $85,688
  • Gross Operating Income: --
  • Laundry Income: $1,000
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $29,512
  • Electric: $115
  • Gas/Fuel: $920
  • New Taxes: $18,150
  • Trash: $1,200
  • Insurance: $2,000
  • Water/Sewer: $1,200
  • Other Expenses: $3,600
  • Other Expense Description: HOA

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Property Details for 733 S Fondren St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • All Bedrooms Up
Kitchen Information
  • Has Appliances
  • Gas Range
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: Association
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Features: Greenbelt
  • Lot Size Source: Assessor
  • Common Interest: Planned Development
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 23125226
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Palm Tree Gardens
  • Association Fee: $300 (Monthly)
  • Association Amenities: Pool
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Palm Tree Gardens
  • Directions: Cross streets Garden Grove Blvd and Lewis
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Orange Agent

Sale History for 733 S Fondren St

Last sold on October 24th, 2011

  • June, 2024

  • Jun 7, 2024

    Date

    Active

    CRMLS: PW24114744

    $1,795,000

    Price

  • October, 2011

  • Oct 24, 2011

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 733 S Fondren St

Assessed Value (2020): $630,848
Year Land Value Improved Value Assessed Value
2020 $433,105 $197,743 $630,848

Home Value Compared to the Market

This property vs the competition

733 S Fondren St is listed 40.43% higher than the median list price for the city of Orange which has a median list price of $1,175,000. The median price per/sqft for Orange is $632 and this home is listed at $363.76 per/sqft which puts the price per square foot 42.44% lower than the median price per square foot for the city of Orange.

About 733 S Fondren St

Detailed summary of property

733 S Fondren St is a fourplex located in Orange, CA 92868 and is currently for sale. This fourplex offers 8 bedrooms, 6 bathrooms, roughly 4,536 living square feet, and sits on an approximately 6,720 square foot lot. 733 S Fondren St was first listed on ArdentRealEstateGroup.com on June 8, 2024. The homeowner is currently asking $1,650,000 and was originally asking $1,795,000. The median priced home in Orange is $1,175,000 with a median price per square foot of $632. Based on Ardent Real Estate Group's Orange Market Data, this home is listed 40.43% higher than the median priced home. Local competing homes currently for sale include 756 N Shattuck Pl, 2545 E Ward and 301 E Mills Dr. This home does have a Homeowners Association and the monthly fee is $300 per month. While the average home in Orange, CA is selling in 48 days, 733 S Fondren St has a days on market of 99 days. There are currently 225 homes for sale in the Orange real estate market and 176 of them are single family homes while 35 of them are condos and 14 are townhomes. For more information on this home for sale at 733 S Fondren St Orange, CA 92868 contact Ardent Real Estate Group and we will put you in touch with one of our Orange agents.

Public Facts for 733 S Fondren St

Public county record property details
Beds
--
Baths
--
Year built
1963
Sq. Ft.
4,536
Lot Size
6,733
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
7
APN
231-252-26

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
$995,000
Median List Price/Sq.Ft.
$633
Median Sold Price
$885,000
Median Sold Price/Sq.Ft.
$626
Total Inventory
16
Median Sale to List Price %
98.34%
Avg Days on Market
21
Loan Type
Conventional (80%), FHA (10%), VA (0%), Cash (10%), 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.

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