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880 Ponderosa Street
Orange, CA 92866
Sold
Nestled in the thriving heart of Orange, this property presents a rare and compelling investment opportunity. With a rich heritage and history, this duplex has been under the same family's ownership for over three decades, showcasing an unmatched sense of pride and meticulous care. The layout of the side-by-side duplex, sharing only one connected wall, creates the impression of distinct single-family homes, enhancing its market desirability. Both units offer private garages, separate driveways, tranquil front patios, and secluded backyards, ensuring an atmosphere of exclusivity and tranquility. The larger unit spans almost 1,500 square feet, featuring three spacious bedrooms, two bathrooms, and ample storage. The highlight is the expansive primary bedroom suite, complete with a generous closet and abundant natural light streaming through sliding doors that open to the private yard. Modern amenities such as a fireplace, private washer and dryer, and contemporary HVAC system further elevate the appeal of the open floor plan. Concurrently, the smaller unit, comprising around 1,100 square feet, maximizes space efficiency with two sizable bedrooms and two bathrooms, including a spacious primary bedroom suite with a large closet. This unit also offers direct access to the private garage. The simplicity of the investment is evident, as the owner covers water, sewer, and trash expenses, while tenants manage their own electric, gas, and cable/internet bills. The larger unit is poised to be delivered vacant, presenting an enticing opportunity for potential owner-occupants or strategic repositioning. Simultaneously, the smaller unit currently houses long-term tenants who have established a strong connection with the property, underscoring the stability and reliability of this investment. Opportunities of this magnitude are seldom available in this highly sought-after neighborhood. Seize this exceptional property now to capitalize on its promising stability and future prospects from the moment of acquisition.
PROPERTY INFORMATION
| MLS # | PW23193409 | Lot Size | 7,841 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Duplex |
| Price | $ 1,195,000
Price Per SqFt: $ 472 |
DOM | 438 Days |
| Address | 880 Ponderosa Street | Type | Residential Income |
| City | Orange | Sq.Ft. | 2,530 Sq. Ft. |
| Postal Code | 92866 | Garage | 2 |
| County | Orange | Year Built | 1968 |
| Bed / Bath | 5 / 0 | Parking | 4 |
| Built In | 1968 | Status | Closed |
| Sold Date | 2023-11-29 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | In Garage |
| Has Fireplace | Yes |
| Fireplace Information | Living Room, Gas |
| Has Heating | Yes |
| Heating Information | Central |
| Room Information | Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Primary Suite |
| Has Cooling | Yes |
| Cooling Information | Central Air, Wall/Window Unit(s) |
| Flooring Information | Carpet, Tile |
| InteriorFeatures Information | Ceiling Fan(s), Unfurnished |
| DoorFeatures | Sliding Doors |
| EntryLocation | 2 |
| Entry Level | 1 |
EXTERIOR FEATURES
| FoundationDetails | Slab |
| Has Pool | No |
| Pool | None |
| Has Fence | Yes |
| Fencing | Block |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,275
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 10/27/2023 | Active Under Contract | $1,195,000 |
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Listing provided courtesy of Jeff Anderson, eXp Realty of California Inc. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
