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236 S Shaffer Street, Orange, California 92866, Orange, - bed, bath

home-pic
ACTIVE$1,998,000
236 S Shaffer Street, Orange, California 92866
0Bed
0Bath
2Sqft
6,464Lot
Year Built
1928
Close
-
List price
$2M
Original List price
$2.2M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25055277
Home ConditionGood
Features
Deck
View-

About this home

This exceptional property offers a rare opportunity to own two homes on a spacious corner lot in a highly sought-after location. Just a short walk from the vibrant Orange Circle, this property combines convenience and comfort. This remarkable property offers one of the largest 2-on-a-lot homes in old town. Front House: This charming 4-bedroom home includes a dedicated office space and the flexibility to add an additional room to suit your needs. Back House: A beautifully spacious 2-bedroom, 2-bathroom home with a private deck, perfect for outdoor relaxation. Both homes feature their own private 2-car garages, as well as additional parking space, providing plenty of room for vehicles and guests. Whether you’re looking for multi-generational living, rental potential, or a unique investment opportunity, this property checks all the boxes!

Price History

Date
Event
Price
08/15/25
Price Change
$1,998,000
03/12/25
Listing
$2,200,000
Neighborhood Comparison
 SubjectAverage HomeNeighbourhood Ranking (30 Listings)
Beds03
Baths02
Square foot21,558
3%
Lot Size6,4646,615
32%
Price$2M$1.23M
97%
Price per square foot$999K$791
97%
Built year19281946
42%
HOA
Days on market238134
94%
Condition Rating
Good
Despite being built in 1928, this property has undergone significant and tasteful renovations, making both units move-in ready. The kitchens feature modern white shaker cabinets and stainless steel appliances, while bathrooms are updated with contemporary vanities and fixtures. Hardwood flooring is in good condition throughout. While not all components are brand new (e.g., some light fixtures, kitchen countertops, and laundry machines), the overall condition is well-maintained with minimal wear and tear, aligning with the 'Good' criteria for a property extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Multi-Unit Income/Flexibility: A rare opportunity to own two distinct homes on one lot, offering significant potential for multi-generational living, rental income, or a versatile investment strategy.
Prime Old Towne Orange Location: Situated on a spacious corner lot within the highly sought-after Old Towne Orange area, just a short walk from the vibrant Orange Circle, providing excellent walkability and desirability.
Spacious Corner Lot: The property boasts a generous corner lot, noted as one of the largest for a '2-on-a-lot' configuration in Old Town, offering enhanced privacy and outdoor space.
Ample Parking: Both homes feature their own private 2-car garages, complemented by additional parking space, a significant advantage in a historic neighborhood.
Versatile Layouts: The front house offers 4 bedrooms with a dedicated office and flexibility for an additional room, while the back house provides a spacious 2-bedroom, 2-bathroom layout with a private deck, catering to diverse living needs.

Cons

Age of Property & Potential System Updates: Built in 1928, the property's age suggests that major systems (e.g., plumbing, electrical, HVAC) may be original or require significant upgrades, potentially incurring substantial costs for a buyer.
Lack of Detailed Renovation Information: While described as charming and spacious, the listing does not specify the extent or recency of renovations for either home, leaving potential buyers to assume further investment may be needed to modernize or maintain.
High Price Point & Niche Market: With a list price nearing $2 million, this property targets a specific, high-end buyer demographic, which could limit the pool of potential purchasers despite its unique offerings.

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