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Sold for $1,160,000
  • Listed by: eXp Realty of California Inc • Jeff Anderson • Contact: 562-784-5241
    Bought with: Real Broker
    $1,160,000

    880 S Ponderosa St, Orange, CA 92866

    5beds
    2,530sqft
    Duplex
    Built in 1968
    7,841 Square Feet Lot
    $1,367,000 Zestimate®
    $458/sqft
    $4,057 Estimated rent

    Home value

    $1,367,000

    $1.27M - $1.49M

    $4,057/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeff Anderson DRE #01729514 800-784-2616,

    eXp Realty of California Inc,

    Torey Carrick DRE #01878468,

    eXp Realty of California Inc

    Bought with:

    Ezra Silva, DRE #01336870

    Real Broker

    Source: CRMLS,MLS#: PW23193408MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 2
    • 3/4 bathrooms: 2
    • Main level bathrooms: 4
    • Main level bedrooms: 5
    Rooms
    • Room types: Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Other, Dining Room
    Primary bedroom
    • Features: Primary Suite
    Bathroom
    • Features: Bathtub, Soaking Tub, Separate Shower, Tub Shower, Walk-In Shower
    Kitchen
    • Features: Tile Counters
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Central
    Cooling
    • Central Air, Wall/Window Unit(s)
    Appliances
    • Laundry: Gas Dryer Hookup, In Garage
    Features
    • Ceiling Fan(s), Separate/Formal Dining Room, Unfurnished, Primary Suite, Walk-In Closet(s)
    • Flooring: Carpet, Laminate
    • Doors: Sliding Doors
    • Has fireplace: Yes
    • Fireplace features: Gas, Living Room
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total interior livable area: 2,530 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Driveway, Garage Faces Front, Garage
    • Attached garage spaces: 2
    • Uncovered spaces: 2
    Accessibility
    • Accessibility features: Parking
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 2
    • Patio & porch: Concrete, Covered
    • Pool features: None
    • Fencing: Block
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 7,841 Square Feet
    • Features: Back Yard, Front Yard
    Details
    • Parcel number: 39019115
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Materials
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1968

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    • Subdivision: ,Other
    Location
    • Region: Orange

    Financial & listing details

    • Price per square foot: $458/sqft
    • Tax assessed value: $1,183,200
    • Annual tax amount: $13,096
    • Date on market: 10/18/2023
    • Cumulative days on market: 9 days
    • Listing terms: Cash,Cash to New Loan,FHA,VA Loan

    Price history

    DateEventPrice
    11/29/2023Sold$1,160,000-2.9%$458/sqft
    Source: CRMLS #PW23193408 Report a problem
    11/15/2023Pending sale$1,195,000$472/sqft
    Source: CRMLS #PW23193409 Report a problem
    10/27/2023Contingent$1,195,000$472/sqft
    Source: CRMLS #PW23193409 Report a problem
    10/18/2023Listed for sale$1,195,000+50751.1%$472/sqft
    Source: CRMLS #PW23193409 Report a problem
    3/3/2016Sold$2,350$1/sqft
    Source: Agent Provided Report a problem
    2/27/2016Listing removed$2,500$1/sqft
    Source: Keller Williams Pacific Estate #PW16035169 Report a problem
    2/21/2016Price change$2,500+19%$1/sqft
    Source: Keller Williams Pacific Estate #PW16035169 Report a problem
    2/20/2016Listed for rent$2,100$1/sqft
    Source: Keller Williams Pacific Estate #PW16035169 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,096 +2.2%$1,183,200 +2%
    2024$12,810 +138.5%$1,160,000 +152.8%
    2023$5,371 +2%$458,908 +2%
    2022$5,264 +2.8%$449,910 +2%
    2021$5,121 +0.9%$441,089 +1%
    2020$5,074 $436,567 +2%
    2019$5,074 +1.2%$428,007 +2%
    2018$5,013 +5.8%$419,615 +2%
    2017$4,739 $411,388 +2%
    2016$4,739 +1.9%$403,322 +1.5%
    2015$4,650 +3.7%$397,264 +2%
    2014$4,485 $389,483 +0.5%
    2013-- $387,723 +2%
    2012-- $380,121 +2%
    2011-- $372,668 +0.8%
    2010-- $369,883 -0.2%
    2009-- $370,762 +2%
    2008-- $363,493 +2%
    2007-- $356,366 +2%
    2006-- $349,379 +2%
    2005-- $342,529 +2%
    2004-- $335,813 +1.9%
    2003-- $329,659 +2%
    2002-- $323,196 +24.3%
    2001$2,749 +12.9%$260,000 +13.3%
    2000$2,434 $229,500
    Find assessor info on the county website

    Neighborhood: 92866

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,367,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,367,000