1041 E Grove Avenue, Orange, California 92865, Orange, - bed, bath

home-pic
ACTIVE$999,999
1041 E Grove Avenue, Orange, California 92865
5Beds
3Baths
2,240Sqft
8,000Lot
Year Built
1963
Close
-
List price
$1,000K
Original List price
$1,000K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25197042
Home ConditionPoor
Features
Pool
Patio
View-

About this home

Investor’s Dream Fixer with Pool. No Blind offers will be considered... Attention serious cash investors and seasoned flippers – this probate sale presents a rare opportunity in one of Orange’s established neighborhoods. This spacious home with a pool has all the right ingredients for a stunning transformation but requires a full remodel to bring it up to today’s modern standards. The property is a major fixer – think original everything – giving you the chance to start with a blank canvas and unlock maximum after-repair value (ARV). The backyard pool area is waiting to be re-imagined into the ultimate summer retreat, while the interior begs for your vision and craftsmanship to create a high-demand, turnkey home for the next owner. We are seeking principal cash investors only – no wholesalers, no double escrows. This is a project for experienced flippers who know how to move fast, transform properties, and understand the upside potential in this sought-after area. Opportunities like this don’t last. By now you can see what a great opportunity this will be for You. Bring your best offer and make this project yours today.

Price History

Date
Event
Price
09/02/25
Listing
$999,999
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (69 Listings)
Beds53
86%
Baths32
56%
Square foot2,2401,726
77%
Lot Size8,0007,788
51%
Price$1,000K$1.11M
27%
Price per square foot$446$618
3%
Built year19639820983
41%
HOA
Days on market64137
13%
Condition Rating
Poor

Built in 1963, this property is explicitly described as a 'major fixer' requiring a 'full remodel' with 'original everything.' The images confirm this, showing extremely outdated kitchen appliances, cabinets, and flooring, along with vintage bathrooms, old carpets, popcorn ceilings, and dated light fixtures throughout. While the structure appears sound enough for a remodel, the extensive age and lack of updates mean major systems and finishes are well past their useful life, necessitating substantial repairs and rehabilitation to be livable by modern standards, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

High Investment Potential: Explicitly marketed as an 'Investor's Dream Fixer' with significant 'after-repair value (ARV)' potential in a sought-after area, ideal for experienced flippers.
Prime Location: Situated in an 'established' and 'sought-after' neighborhood in Orange, California, enhancing its long-term appeal and resale value.
Valuable Amenity (Pool): Features an existing pool, a highly desirable amenity in California, which can be re-imagined into a premium outdoor retreat post-renovation.
Generous Size & Lot: Offers a substantial 2240 sqft home with 5 beds/3 baths on an 8000 sqft lot, providing ample space for a comprehensive remodel and modern family living.
Blank Canvas for Renovation: Described as 'original everything' and a 'major fixer,' it provides a true blank canvas for a complete modern transformation without needing to undo prior renovations.

Cons

Extensive Renovation Required: The property requires a 'full remodel' and is a 'major fixer' with 'original everything,' indicating substantial capital investment and time commitment for renovation.
Restricted Buyer Pool: The requirement for 'principal cash investors only' significantly narrows the potential buyer pool, excluding those who rely on traditional financing.
Probate Sale Complexities: Being a probate sale, it may involve a more protracted closing process, potential court confirmation, and specific legal requirements, which can add complexity and delays.

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