Movoto Real Estate
Sold on 03/31/2023
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313 E Lomita Ave, Orange, CA 92867

$1,294,000

Last sold 03/31/2023 for $980K

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    bed

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    bath

Multi-family not for sale

About 313 E Lomita Ave

Property type Multi-family
Year built 1954
HOA fee $0/month
Lot size 6,073 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
Great Income Potential and Move in Ready!! Located in a highly sought after Orange neighborhood, minutes to Chapman University and Old Towne Orange, an updated and well maintained single level home is attractive to both INVESTORS and OWNER OCCUPYING BUYERS. Featuring 4 generous sized bedrooms with plenty of closet space and 2 beautifully remodeled bathrooms on a large, flat lot. An inviting entry welcomes you into your new home. The open concept floor-plan with recessed lighting and hard surface flooring through-out is ideal for entertaining and California life-style living. A remodeled kitchen offering granite counter tops illuminated with pendant lighting, pantry storage and wine cooler. Seamlessly connected is a spacious sunroom (approx 270 sq.ft of extra space!) with abundant natural light; showcasing a perfect WFH space or additional living area with access to the back yard and covered patio. A 2-car garage completes this ideal home offering all the spaces for today’s needs. Additional ‘Stand-Outs’ are: newer windows, new interior and exterior paint, ceiling fans in all bedrooms, dual sink vanity in primary bath, frameless glass shower enclosure, mirror closet doors, newly painted garage (interior), epoxy driveway, 2 patios and recessed lighting though-out. A MUST-SEE HOME!! Centrally located and minutes to shopping, dining, Old Town Orange and freeways…DON’T MISS THIS OPPORTUNITY!!
Listed by
Listing Agent - Jackie D' Andrea
Listing Agent Contact: 714-906-7203
Listing Office - BHHS CA Properties
Source: CRMLS mls logo
MLS#PW23025822 • last updated 3 years ago
Movoto checked CRMLS for data 8 minutes ago
Overview
Levels/Style One, Traditional
Type Residential Income
SubType Single Family Residence
Status Closed
Lot Size (Acres) 0.1394
Lot Size (SqFt) 6073
Year Built 1954
Condition Updated/Remodeled
Interior
Laundry In Garage
Appliances Built-In Range, Dishwasher, Gas Range
Interior Features Ceiling Fan(s), Granite Counters, Open Floorplan, Recessed Lighting, Stone Counters
Window Features Double Pane Windows, Garden Window(s)
Exterior
Foundation Raised
Construction Stucco, Wood Siding
Building Area Square Feet, 1595
Roof Composition
Parking Driveway, Garage
# Parking Spaces 2
# Garage Spaces 2
Lot Description 0-1 Unit/Acre, Front Yard, Lawn, Yard
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Electric Standard
Spa None
Pool None
Location
View None
County Orange
Community Features Curbs, Gutters, Sidewalks, Street Lights
Subdivision OTHR
Neighborhood Old Towne Orange
Directions Xs-off Collins Between Shaffer And Grand
APN 38659419
Multifamily Details
Operating Expense 12589
Cap Rate 4.86
Expense: Insurance 1200
Total Expenses 12589
Expense: Maintenance 1000
Gross Income 58500
Gross Operating Income 58800
Gross Scheduled Income 58800
Expense: Gardener 1800
Lot/ Land Details
Road Frontage City Street
Road Surface Maintained
$1.29M
Range: $1.06M-$1.52M
Last 30 days 
Rental est.: $2,285/month
Gross rent multiplier: 35.7
  • Mar 2023
    Public Records
  • Mar 31, 2023 Sold
    $980,000
  • Mar 2023
    mls logo MLS # PW23025822
  • Mar 31, 2023 Sold
    $980,000
  • Mar 12, 2023 Pending
    —
  • Feb 21, 2023 Active
    —
  • Feb 14, 2023 Listed
    $949,900
  • Mar 2023
    mls logo MLS # PW23023720
  • Mar 31, 2023 Sold
    $980,000 (+3.2%)
  • Mar 12, 2023 Pending
    —
  • Feb 21, 2023 Active
    —
  • Feb 10, 2023 Listed
    $949,900 (+37.7%)
  • Aug 2016
    mls logo MLS # PW16019659
  • Aug 2, 2016 Sold
    $690,000
  • Aug 1, 2016 Pending
    —
  • Aug 1, 2016 Sold
    $690,000
  • Jul 13, 2016 Active
    —
  • Jul 6, 2016 Listed
    $690,000 (+1.5%)
  • May 6, 2016 Hold Do Not Show
    —
  • Apr 29, 2016 Sold
    $680,000 (-1.4%)
  • Apr 2, 2016 Backup Offer
    —
  • Mar 18, 2016 Listed
    —
  • Mar 15, 2016 Hold Do Not Show
    —
  • Mar 4, 2016 Listed
    —
  • Feb 14, 2016 Hold Do Not Show
    —
  • Feb 14, 2016 Listed
    —
  • Feb 6, 2016 Hold Do Not Show
    —
  • Feb 6, 2016 Listed
    —
  • Jan 31, 2016 Hold Do Not Show
    —
  • Jan 29, 2016 Listed
    $690,000 (+0.1%)
  • Jan 29, 2016 Listed
    $689,000
  • Aug 2016
    Public Records
  • Aug 1, 2016 Sold
    $690,000
  • Year Property taxes Tax assessment
  • 2024
    $11,537 +35.7%
    $1,054,017 +36.94%
  • 2023
    $8,503 +2.0%
    $769,706 +2.0%
  • 2022
    $8,339 +2.9%
    $754,614
  • 2021
    $8,105 +0.9%
    $754,614 +2.0%
  • 2020
    $8,031 +1.3%
    $739,818 +3.06%
  • 2019
    $7,929 +6.0%
    $717,876 +2.0%
  • 2017
    $7,482 +601.6%
    $703,800 +909.37%
  • 2016
    $1,066 +1.5%
    $69,727
  • 2015
    $1,050
    —
  • 313 E Lomita Ave
    $980K
  • —
  • 92867
    $1.24M -6% y/y
  • Orange
    $1.08M +8% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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