225 N Malena Drive, Orange, California 92869, Orange, - bed, bath
ACTIVE$1,180,000
225 N Malena Drive, Orange, California 92869
4Beds
2Baths
1,732Sqft
7,000Lot
Year Built
1962
Close
-
List price
$1.18M
Original List price
$1.18M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25147673
Home ConditionFair
Features
View-
About this home
Great Opportunity!!!!! This property originally was 4 bedrooms and 2 Bathrooms, but property has 1 bedroom more now 5 Bedrooms total, Excellent for first time home buyer property Sold as is
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (88 Listings) | |
|---|---|---|---|
| Beds | 4 | 4 | 50% |
| Baths | 2 | 3 | 42% |
| Square foot | 1,732 | 2,177 | 25% |
| Lot Size | 7,000 | 7,800 | 30% |
| Price | $1.18M | $1.31M | 26% |
| Price per square foot | $681 | $650 | 60% |
| Built year | 1962 | 1973 | 26% |
| HOA | |||
| Days on market | 122 | 158 | 27% |
Condition Rating
Fair
The property was built in 1962. The listing mentions it's being sold 'as is,' suggesting potential deferred maintenance. The exterior visible in the image appears aged but maintained. Given the age and lack of information about recent renovations, a 'fair' condition score is appropriate.
Pros & Cons
Pros
Potential for Expansion: The property has been modified to include 5 bedrooms, offering flexibility for larger families or those needing extra space.
Lot Size: The 7,000 sqft lot provides ample outdoor space for recreation, gardening, or potential future additions.
Location: Located in Orange, CA, the property benefits from access to local amenities, schools, and transportation.
First-Time Homebuyer Opportunity: Marketed as an excellent opportunity for first-time homebuyers, suggesting potential affordability and entry-level appeal.
School District: Located within the Orange Unified School District, which may be attractive to families with children.
Cons
As-Is Condition: The property is being sold 'as-is,' potentially requiring immediate repairs or renovations, which could deter some buyers.
Unknown Modifications: The description mentions the property was originally 4 bedrooms and 2 bathrooms, but now has 5 bedrooms, raising questions about the quality and permitting of the modifications.
Age: Built in 1962, the property may require updates to meet modern standards and address potential maintenance issues associated with older homes.