NOT LISTED FOR SALE

367 N Waverly St Orange, CA 92866

Orange Area

Estimated Value: $1,630,683

6 Beds
5 Baths
2,531 Sq Ft
$644/Sq Ft Est. Value

Sale Details

Date Sold: August 25, 2023

Last sale price $1,774,500 $701 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $10,542 / mo

39 Days on Market

Highlights

  • Spa
  • No HOA
  • Central Heating and Cooling System
  • Combination Kitchen and Living
  • Multiple cooling system units
  • Vinyl Flooring

About This Home

As of August 2023

Investing in student housing provides numerous advantages, such as inflation resistance and limited impact from rent control due to frequent turnover. With its prime location just 0.7 miles from Chapman University, renowned for its film school and business programs, 367 N. Waverly St offers a lucrative opportunity. The property, fully occupied with a monthly income of $9,600, features a meticulously remodeled front house and a separate ADU. This diversity of rental units minimizes risk by providing multiple income streams. The front house boasts modern updates, keyless entry for each bedroom, and individual climate control, making it ideal for student rentals. The detached ADU offers a private living space. Both units have access to the landscaped backyard and a hot tub. Situated in a residential neighborhood with ample street and onsite parking, this property offers excellent curb appeal. Don't miss the chance to add 367 N. Waverly St to your investment portfolio.

Last Agent to Sell the Property

Jacob Neal

Berkshire Hathaway HomeServices-Drysdale Properties License #02097852 Listed on: 06/18/2023

Berkshire Hathaway HomeServices-Drysdale Properties

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2023 | Remodeled

Lot Details

  • 6,750

Home Design

  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 2,531 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Living
  • Vinyl Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Open Parking Spaces
  • No Garage

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • 220 Volts

Additional Features

  • Spa
  • 6,750 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 38612204

Property Details

Home Type

Multi-Family

Year Built

Built in 2023 | Remodeled

Lot Details

6,750 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Subtype Description: Custom,Detached
  • Property Subtype 1: 2 Houses on Lot
  • Remodeled Updated: Yes
  • Stories: 1
  • Year Built: 2023
  • Remodeled/Updated Desc: Bath 0-5YR,Kitchen 0-5YR,Bed 0-5YR,Other-Rmks 0-5YR
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Total Bathrooms: 5
  • Bathroom Features: None,See Remarks
  • Dining Room Features: Other
  • Kitchen Features: Kitchen/Family Combo
  • Living Room Features: Other
  • Main Level: Bedroom(s),Living Room,Dining Room,Family Room,Full Bath(s),Kitchen
  • Price Per Square Foot: 701.11
  • Square Footage: 2531.00
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Materials: Wood
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1795000.00
  • Lot Features: See Remarks
  • Pool: No
  • Roof: Shingle
  • Spa Features: Spa/Hot Tub Personal
  • Spa: Yes
  • Second Unit Kitchen: Yes

Garage/Parking

  • Open Parking Spaces: 4.00
  • Parking Features: No Garage

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Public
  • Cooling: Central, MultiUnits
  • Electric: 220 Volts
  • Heating: Central, MultiUnits
  • Laundry Features: See Remarks, Inside Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Senior High School District: Other

Lot Info

  • Zoning Description: R1
  • Irrigation: Public District
  • Lot Size Acres: 0.1550
  • Lot Size Sq Ft: 6750.00

Multi Family

  • Number of Units: 2
  • Unit 2 Partial Bathrooms: 0
  • Unit 2 Description: ADU
  • Unit 2 Occupied: Yes
  • Unit 2 Type: Detached

Tax Info

  • Assessor Parcel Number: 38612204
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Other

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2026
Sold by
Bought by
Current Estimated Value
$1,630,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,241,300
Outstanding Balance
$1,235,304
Interest Rate
6.21%
Mortgage Type
New Conventional
Estimated Equity
$395,379

Purchase Details

Closed on
Jan 27, 2026
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,241,300
Outstanding Balance
$1,235,304
Interest Rate
6.21%
Mortgage Type
New Conventional
Estimated Equity
$395,379

Purchase Details

Closed on
Aug 28, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,242,500
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,242,500
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2023
Closed on
Sep 13, 2023
Sold by
Bought by
Seller's Agent
Jacob Neal
Berkshire Hathaway HomeServices-Drysdale Properties
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$1,795,000
Sold Price
$1,774,500
Premium/Discount to List
-$20,500
-1.14%
Views
174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.83%
Original Mortgage
$1,275,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2023
Closed on
Aug 21, 2023
Sold by
Bought by
Seller's Agent
Jacob Neal
Berkshire Hathaway HomeServices-Drysdale Properties
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$1,795,000
Sold Price
$1,774,500
Premium/Discount to List
-$20,500
-1.14%
Views
174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2023
Closed on
Aug 18, 2023
Sold by
Bought by
Seller's Agent
Jacob Neal
Berkshire Hathaway HomeServices-Drysdale Properties
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$1,795,000
Sold Price
$1,774,500
Premium/Discount to List
-$20,500
-1.14%
Views
174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 18, 2022
Closed on
Jun 30, 2022
Sold by
Bought by
Seller's Agent
Jacob Neal
BHHS Drysdale Properties
Buyer's Agent
Jacob Neal
BHHS Drysdale Properties
Sold Price
$5,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$830,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,103,750
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 6, 2020
Sold by
Bought by

Purchase Details

Closed on
Jul 24, 2015
Sold by
Bought by

Purchase Details

Closed on
Feb 2, 2012
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Fidelity National Title
-- Fidelity National Title
-- Ticor Title Company
-- Ticor Title Company
-- Ticor Title Company
-- Equity Title
-- Equity Title
-- Accommodation/Courtesy Recordi
-- None Listed On Document
-- Ticor Title
$1,774,500 None Listed On Document
-- None Listed On Document
$693,000 Lawyers Title
-- None Available
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,241,300
Closed $1,242,500
Previous Owner $1,275,000
Previous Owner $1,275,000
Previous Owner $830,000
Previous Owner $957,000
Previous Owner $1,103,750
Previous Owner $787,500
Previous Owner $178,000
Previous Owner $178,000
Previous Owner $178,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/07/2023 09/07/23 Off Market $1,774,500 -- --
08/25/2023 08/25/23 Sold $1,774,500 -1.1% $701 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
06/18/2023 06/18/23 For Sale $1,795,000 0.0% $709 / Sq Ft
07/18/2022 07/18/22 Rented $5,400 0.0% --
06/23/2022 06/23/22 Price Changed $5,399 -9.9% $3 / Sq Ft
05/18/2022 05/18/22 For Rent $5,995 0.0% --
10/01/2020 10/01/20 Sold $693,000 -1.0% $439 / Sq Ft View Prior Sale
09/21/2020 09/21/20 For Sale $699,999 0.0% $444 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $699,999 -- $444 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,155 $1,809,990 $1,617,303 $192,687
2024 $19,155 $1,774,500 $1,585,591 $188,909
2023 $8,955 $812,596 $634,103 $178,493
2022 $7,835 $706,860 $621,669 $85,191
2021 $7,615 $693,000 $609,479 $83,521
2020 $4,061 $360,330 $274,720 $85,610
2019 $4,010 $353,265 $269,333 $83,932
2018 $3,948 $346,339 $264,052 $82,287
2017 $3,787 $339,549 $258,875 $80,674
2016 $3,714 $332,892 $253,799 $79,093
2015 $3,658 $327,892 $249,987 $77,905
2014 $3,579 $321,470 $245,091 $76,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 223056541

MetroList

APN: 386-122-04

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