740 E Palm Avenue, Orange, CA 92866

$829,000 Asking Price

2 beds
1 bath
1,140  sqft
Built in 1923

LOCATION, LOCATION, LOCATION!!!! This is a RARE INVESTOR OPPORTUNITY to restore an Historic 1923 Mediterranean Revival home to its former glory! Located in a PRIME corner location at Palm Ave and Pine St in the HEART of Old Towne Orange, this sizable 2 bed, 1 bath home with detached 2-car garage is ready for it's face-lift. Features original hard wood floors, built-in china cabinet (with the original lights & mirrored back panel intact), a decorative fireplace (not built originally as a functional amenity), and built-in dressers in each bedroom closet. This desirable floor-plan includes a front living room with adjacent formal dining area, plus a breakfast area in the kitchen. A spacious side patio on Pine St offers a wonderful outdoor space and viewing spot for the award-winning Christmas light display each year! A convenient indoor laundry as well as a small utility basement provide additional space and options. Due to the condition, the seller will entertain only non-financed offers. The kitchen and bathroom are in poor condition and will not support financing. Grab your contractor and run to see this one before it's gone! This property is located in the Old Towne Orange Historic District close to shopping, dining, public transportation and more!

Features & Amenities

Interior

Laundry:
Inside
Flooring:
Wood
A/C:
N/K
Heating:
Floor Furnace
Fireplace:
Decorative
Disability Feature:
No Interior Steps

Exterior

General:
Stucco
Style:
Mediterranean/Spanish
Pool:
None
Parking:
Driveway, Parking spaces: 2

Construction

General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Orange

Lot

Zoning:
38608320
View:
Neighborhood

Utilities

Utilities:
Sewer Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
Seven Gables Real Estate, Lisa Blanc

About Orange, CA

Housing

Number of Units
47,123
Median Home Value
$691,686
Median Rent
$1,744

42.28% of housing units are renter occupied.

3.37% are vacant.

Commute

Car
66.33%
Public Transportation
1.53%
Walk to Work
2.40%
Work from Home
28.51%
Other
0.68%

The median travel time to work is 21 minutes.

People

Population
142,807
Median Age
36.50
Median Household Size
3.07

Education

High School
18.62%
Associate’s Degree
7.23%
Bachelor’s Degree
26.52%
Graduate Degree
13.32%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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