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831 East Hoover, Orange, CA 92867

$1.7M5bd · 3ba · 2,324 sqft
Lot 8,190 sqft•Single Family Residence•
Active
•37d on market•MLS# OC-26194316

Property Description

Rare opportunity to own a beautifully maintained and thoughtfully upgraded property ideal for a family, multigenerational living, or an investor looking to take advantage of the strong Chapman University rental market. The property features a spacious 4-bedroom, 2-bathroom main residence plus a detached 1-bedroom, 1-bathroom ADU with its own full kitchen and private laundry, offering a total of 5 bedrooms and 3 bathrooms with exceptional flexibility. The main residence has been extensively updated and features an upgraded kitchen with granite countertops, an oversized sink, and abundant cabinet and storage space. Both bathrooms have been beautifully renovated with new vanities, tile, and fixtures. Recessed LED lighting has been installed throughout, while hardwood flooring extends through all four bedrooms. The home also includes an LG washer and dryer, GE refrigerator, GE range, and GE dishwasher. Designed for comfortable living and entertaining, the property features two fireplaces and a spacious backyard with a covered gazebo. A detached two-car garage and oversized driveway provide ample off-street parking. The detached ADU offers a completely separate living space with its own full kitchen, private laundry, and fully paid-off solar system dedicated to the ADU, with no solar lease or payment to assume. It is ideal for extended family, guests, a private office, or additional rental income. For an owner-occupant, the property provides the opportunity to enjoy a spacious primary residence while potentially offsetting housing costs with income from the ADU. For an investor, the combination of five total bedrooms, separate living spaces, abundant parking, proximity to Chapman University, and a strong local rental market creates an attractive income-producing opportunity, with estimated pro forma rents of approximately $8,500 per month. Ideally located just minutes from the charm, dining, shopping, and entertainment of Old Towne Orange and Chapman University, the property also offers convenient access to the 5, 22, 55, and 57 freeways. Nearby parks, schools, and everyday amenities add to the appeal. With extensive upgrades, generous living space, abundant parking, a detached ADU, fully paid-off solar serving the ADU, and strong rental potential, this property offers a rare combination of flexibility, convenience, and long-term value.

Features & Amenities

FeeBuilt 1961

Property Details

Land Type
Fee
Year Built
1961
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Cooling
Central Air
View
None
City
Orange
Zip Code
92867
County
Orange
Listed byTriPacific Managers Inc, Geoffrey Fearns

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$8,596.13
Principal & Interest
Loan Amount
$1,360,000
Total Interest
$1,734,605
Total Payment Over 30 Years
$3,094,605
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

831 East Hoover, Orange, CA 92867

Orange · Single Family Residence

$1.7M
Luxury Tier
Beds
5
Baths
3
Sqft
2,324
Lot
8,190 sqft
Year
1961
$/Sqft
$731
Pool: No✓
View: None✓
Garage: 2-car✓

Listed 21.4% above the median closed sale of $1,400,000. Price per sqft ($731) is a 56% discount to closed comps ($1,673). Closed comps sold at 272% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.70M· $731/sqft
Total list price
Closed comps
vs closed median $1.40M
+$300K (+21.4%)
Active comps
vs active median $1.35M
+$350K (+25.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $685
+$46 (+6.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
436 HooverOrange1963432,0938,276$620$1.30M4393
1430 Harding StreetOrange1965432,1208,350$684$1.45M3893
151 Parker StreetOrange1956531,9916,325$798$1.59M587
840 Glendora AvenueOrange1962421,8628,400$618$1.15M886
2129 PineOrange1963441,9138,000$706$1.35M10986
Total: 5 · Average4.23.01,995.87,870.2$685.2$1.37M40.6
Median1,991$1.35M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
3031 ElginOrange196210/08/2026432,4668,900$1.80M$1.77M$7160.983492
1214 PalmdaleOrange196508/04/2026432,5468,000$1.40M$1.40M$5501.004592
3121 HearthsideOrange196909/15/2026632,2987,200$1.33M$1.31M$5720.984092
1544 RiverviewOrange196309/14/2026421,9848,250$1.25M$12.02M$6,0569.613789
2534 Washington AvenueOrange196309/01/2026432,6427,300$1.20M$1.25M$4731.042689
Total: 5 · Average4.42.82,387.27,930$3.55M$3.55M$1,673.4—36.4
Median2,466$1.40M$1.40M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.