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$ 699,999
Est. payment /mo
Price Dropped by $50K
4223 E Marmon AVE Orange, CA 92869
3 Beds
6,468 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26654143
Bedrooms 3
HOA Y/N No
Lot Size 6,468 Sqft
Property Sub-Type Single Family Residence
Property Description
Major Price Improvement! Exceptional investor opportunity in a prime Orange location now aggressively priced at $699,000. Two Units on One Lot! Rare chance to acquire a high-upside income property with significant value-add potential in one of Orange County's most desirable rental markets. Zoned R2-6 with potential to add two ADUs (buyer to verify), this property features two separate units being sold together, each with its own address (4223 & 4211 E. Marmon Avenue) and individually metered utilities, offering strong investment and redevelopment flexibility. The main residence at 4223 E. Marmon Avenue offers 2 bedrooms, 1 bathroom, and approximately 980 square feet of living space. The second unit (1 bed / 1 bath) provides additional income potential, guest accommodations, or multi-generational living flexibility. Situated on a 6,470 square foot lot, the property offers multiple paths to create value through renovation, expansion, or future development opportunities.Located just minutes from Old Towne Orange, Chapman University, the Orange Circle, St. Joseph Hospital, CHOC, major freeways (55, 22, and 91), and local shopping and dining, this property benefits from strong rental demand and long-term appreciation fundamentals. The area is known for its historic charm, walkability, and consistent tenant demand driven by university, medical, and employment centers.Vacant and ready for immediate possession. Opportunities with this level of upside at this price point are becoming increasingly difficult to find in Orange. Priced to generate immediate interest serious investors, builders, and value-add buyers are encouraged to act quickly.Sold as-is. Cash or hard money preferred. Quick close ideal. Buyer to conduct all relevant investigations.
Location
State CA
County Orange
Area 75 - Orange, Orange Park Acres E Of 55
Rooms
Other Rooms Guest House
Interior
Heating None
Cooling None
Fireplaces Type None
Furnishings Unfurnished
Fireplace No
Laundry In Kitchen
Exterior
Parking Features Carport, Driveway
Fence Wood
Pool None
View Y/N No
View None
Roof Type Composition
Private Pool No
Building
Story 1
Entry Level One
Architectural Style Traditional
Level or Stories One
Additional Building Guest House
New Construction No
Others
Senior Community No
Tax ID 39219223
Special Listing Condition Standard
Listed by Troy Lee Exp Commercial of California, Inc. #02253845