ActiveResidential · sale

721 N Milford Road

Orange, CA 92867

$1,295,000

  • 3 beds
  • 2 baths
  • 1,517 sq ft
  • 0.15 acres
  • Built 1959

Listed by StellarQuest Real Estate · MLS #PW26185991

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1959.

Garage parking

2 garage spaces listed.

Property size

0.15 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

California ranch warmth meets modern elegance in this beautifully balanced home designed for both comfort and refined living When you walk through the front door you will be welcomed by the openconcept living space that flows well from room to room Many aspects of the home have been reimagined accommodating a modern lifestyle with livability in mind At the heart of the home sits a remarkably redesigned kitchen Warm white oak slim shaker cabinets with soft close features and stunning white quartz countertops offer a perfect blend of beauty and durability An island with bar seating sits conveniently across from the stainless refrigerator and oven with built in microwave and features a sleek waterfall edge On one side of the kitchen a hallway leads to all 3 bedrooms and both bathrooms while the other side makes up the living space Immediately adjacent to the kitchen is a family room which could also be used as a dining area As you approach the living room you will immediately notice the centerpiece A large TV sits above an elegant electric fireplace and is surrounded on both sides by builtin cabinets and backlit shelves It is the perfect place to display photos decorations or art Exposed wood beam ceilings invite you into the cozy sitting area where you can relax and enjoy some down time Wide plank waterproof laminate flooring stretches throughout the living space kitchen and down the hallway into all 3 bedrooms and 2 bathrooms The primary suite has been redesigned to meet the needs of todays lifestyle Custom clothes organizers line the walls of the huge walkin closet The ensuite bathroom was thoughtfully expanded creating extra room for a larger vanity and a tile walkin shower with a sliding glass door Both guest bedrooms are conveniently located across the hallway from the guest bathroom It has also been remodeled with a tile showertub enclosure and new vanity to match the primary bathroom Recent improvements go beyond what meets the eye at first glance The home has been upgraded with a new roof new electric panel new AC ducting in the attic and the main sewer has been lined In the front yard a short sleek retaining wall with wood elements surrounds fresh sod and an olive tree The back yard also has new sod and a storage shed that will remain An extralong driveway extends past a wood patio deck to the 2car garage with a one of a kind pass through new roll up door and epoxy floor

THE NEIGHBORHOOD

Explore the location.

721 N Milford Road, Orange, CA 92867

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1959
Full baths
2
Garage spaces
2
Cooling
CentralAir
Heating
ForcedAir
Appliances
Dishwasher,FreeStandingRange,GasCooktop,GasOven,GasWaterHeater,Microwave,RangeHood
Flooring
Tile,Wood
Utilities
CableAvailable,ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
Fencing
Block
Pool
No
Pool features
None
Spa
No
Subdivision
Other
Parcel
38314311
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$5,395.83
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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721 N Milford Road, Orange, CA 92867 · MLS #PW26185991

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Listing information

MLS #PW26185991 · California Regional MLS

Listing brokerage: StellarQuest Real Estate
Listing agent: Matthew Hamilton

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.