1850 N Shaffer Street, Orange, CA 92865

$1,500,000 Asking Price

3 beds
3 baths
1,742  sqft
Built in 1961

LOT SIZE w/ Multifamily property use potential! This property offers the savvy buyer an incredible canvas to create a mouth watering return on investment. Nestled in the heart of Orange, CA, this lovingly maintained, original 3-bedroom 2-bathroom floor plan has been expanded to add an additional bathroom and 3 versatile bonus rooms, with their own private access, in the converted garage space. The grounds of the property are equally impressive, featuring well-manicured landscaping with two beautiful, healthy trees flanking the entrance to the home. The massive backyard area has a connected deck and three more structures for storage. With a lot this size, adding a JDU and ADU seems like a simple, no-brainer, day one equity builder. More sophisticated investors may be interested in researching subdividing the lot or building a more dense multifamily residential structure. Near Chapman University, centrally located, this property has easy access to the 55, 57, 91, and 22 freeways making travel and commuting a breeze.

Features & Amenities

Interior

General:
Bonus/Plus Room, Storage, Stone Counters
Appliances:
Dishwasher, Gas Range, Microwave, Refrigerator, Trash Compactor
Laundry:
Inside
Flooring:
Carpet
A/C:
true, Central Air, Whole House Fan
Heating:
true, Central
Fireplace:
Family Room, Raised Hearth, Other, Fireplace
Disability Feature:
None

Exterior

General:
Backyard, Back Yard, Front Yard, Other
Pool:
None
Parking:
Attached

Construction

General:
1

Location

HOA Amenities:
0.0
School District:
Orange Unified
County:
Orange

Lot

Zoning:
37442225
View:
Other
Fencing:
Vinyl

Utilities

Utilities:
Sewer Connected, Natural Gas Connected
Water:
Public
Sewer:
Public Sewer

This listing courtesy of:
Coldwell Banker Platinum Prop, Thomas Donlyuk

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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