700 W La Veta Avenue K5, Orange, California 92868, Orange, 92868 - 3 bed, 3 bath

700 W La Veta Avenue K5, Orange, California 92868 home-pic-0
ACTIVE$654,000
700 W La Veta Avenue K5, Orange, California 92868
3Beds
3Baths
1,200Sqft
122,549Lot
Year Built
1972
Close
-
List price
$654K
Original List price
$660K
Price/Sqft
$545
HOA
$517
Days on market
-
Sold On
-
MLS number
PW25116558
Home ConditionPoor
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $654.0K(75th), sqft - 1200(75th), beds - 3(75th), baths - 3(75th).

Rare opportunity to own a 3-bedroom, 2.5-bath condo in the sought-after La Veta Monterey community. With 1,200 sq ft of living space, this unit offers a spacious layout, in-unit laundry and private patio with direct access to the carport—a rare feature found in only a handful of units! The home needs a little TLC—giving you the chance to personalize it to your style. This community features well maintained grounds, 2 sparkling pools, a clubhouse, playground and basketball court. Located just minutes from CHOC and St. Joseph Hospitals, Main Place Mall, Chapman University, Old Towne Orange, and major freeways (5, 22, and 57), you’ll love the central location and easy access to everything. Don’t miss this chance to own in one of Orange’s most convenient and charming neighborhoods!

Nearby schools

4/10
Fairhaven Elementary School
Public,K-60.7mi
3/10
Portola Middle School
Public,6-80.8mi
4/10
Orange High School
Public,9-121.3mi
Condition Rating
Poor

The property was built in 1972, making it over 50 years old. The listing explicitly states the home 'needs a little TLC' and 'requires renovation/updates.' The visible bathroom (Image 3) is significantly outdated with older fixtures, a basic vanity, and small square tiles, suggesting it was last renovated 30-50+ years ago or is original. The bedroom carpet also appears worn and dated. While the exterior and community amenities are maintained, the interior, particularly the kitchen (inferred from the bathroom's condition and description) and bathroom, requires substantial rehabilitation and modernization, aligning with the 'Poor' condition criteria.
Pros & Cons

Pros

Exceptional Central Location: The property boasts a prime location, minutes from major hospitals (CHOC, St. Joseph), shopping (Main Place Mall), Chapman University, Old Towne Orange, and key freeways (5, 22, 57), offering unparalleled convenience and accessibility.
Robust Community Amenities: The sought-after La Veta Monterey community provides residents with well-maintained grounds, two sparkling pools, a clubhouse, playground, and a basketball court, enhancing lifestyle and recreational options.
Spacious 3-Bedroom Layout: Offering 1,200 sq ft of living space with 3 bedrooms and 2.5 bathrooms, this condo provides a generous and desirable layout for families or those needing extra room.
Exclusive Private Patio & Carport Access: A rare and highly convenient feature, the unit includes a private patio with direct access to the carport, providing ease of parking and an exclusive outdoor living space.
Highly-Rated Nearby Schools: The property is situated near well-regarded public schools, including Fairhaven Elementary and Orange High School, both with a rating of 4, making it attractive for families.

Cons

Requires Renovation/Updates: The home 'needs a little TLC,' indicating that significant updates and personalization will be required, which could entail additional investment post-purchase to modernize the interior.
High Monthly Association Fee: A substantial monthly association fee of $517 could impact affordability and long-term ownership costs, requiring careful consideration for budget planning.
Property Age: Built in 1972, the property's age suggests that major systems and finishes may be original or dated, potentially leading to higher maintenance costs or the need for immediate upgrades.

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