1850 N Shaffer Street, Orange, CA 92865

$1,300,000 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:
Granite Counters
Laundry:
Inside
Flooring:
Carpet
A/C:
Central Forced Air,Whole House Fan
Heating:
Forced Air Unit
Fireplace:
FP in Family Room,Masonry,Raised Hearth,See Through
Disability Feature:
None

Exterior

Pool:
None
Parking:
Parking spaces: 2

Construction

General:
1 Story

Location

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

Lot

Zoning:
37442225
View:
Neighborhood
Fencing:
Fair Condition,Vinyl

Utilities

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

Financial

Source:
California Regional MLS

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.

Similar Homes

Message

Interested in this home?

Request more information: