Orange, CA 92866,880 S Ponderosa ST
$1,160,000
$1,195,000
2.9%
Est.Price: ?

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2,530 SqFt

880 S Ponderosa ST Orange, CA 92866

Est. payment /mo
SOLD DATE : 11/29/2023

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Key Details

Sold Price $1,160,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,530 sqft

Price per Sqft $458

Subdivision ,Other

MLS Listing ID PW23193409

Sold Date 11/29/23

HOA Y/N No

Year Built 1968

Lot Size 7,840 Sqft

Acres 0.18

Property Description

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.

Location

State CA

County Orange

Area 72 - Orange & Garden Grove, E Of Harbor, N Of 22 F

Rooms

Ensuite Laundry In Garage

Interior

Interior Features Ceiling Fan(s), Unfurnished, Primary Suite

Laundry Location In Garage

Heating Central

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet, Tile

Fireplaces Type Gas, Living Room

Fireplace Yes

Laundry In Garage

Exterior

Garage Driveway, Garage Faces Front, Garage

Garage Spaces 2.0

Garage Description 2.0

Fence Block

Pool None

Community Features Sidewalks

Accessibility Parking

Parking Type Driveway, Garage Faces Front, Garage

Total Parking Spaces 4

Private Pool No

Building

Lot Description Back Yard, Front Yard, Yard

Story 1

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 39019115

Acceptable Financing Cash, Cash to New Loan, FHA, VA Loan

Listing Terms Cash, Cash to New Loan, FHA, VA Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jeff Anderson • eXp Realty of California Inc • 800-784-2616
Bought with Ezra Silva • Real Broker

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Pamela Santy

Broker Associate | License ID: 00589882

+1(559) 408-4747

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