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$1,700,000
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Property Description
Rare opportunity to acquire a versatile residential income property in a highly desirable Orange location, featuring 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 across two separate living spaces, the property provides an attractive opportunity for investors seeking multiple rental income streams, an owner-user looking to offset housing costs, or buyers looking to capitalize on the strong rental demand in the area. The main residence has been extensively updated and offers a highly functional 4-bedroom floor plan well suited for long-term rental use. Improvements include an upgraded kitchen with granite countertops, an oversized sink, and abundant cabinet and storage space. Both bathrooms have been renovated with new vanities, tile, and fixtures, while recessed LED lighting has been installed throughout the home. Hardwood flooring extends through all four bedrooms, and the residence includes an LG washer and dryer, GE refrigerator, GE range, and GE dishwasher. The detached ADU provides an additional independent rental opportunity with its own full kitchen, private laundry, and fully paid-off solar system dedicated exclusively to the ADU. With no solar lease or payment to assume, the system offers the potential for reduced operating costs and added value for the ADU occupant. Additional property features include two fireplaces, a spacious backyard with covered gazebo, detached two-car garage, and an oversized driveway providing substantial off-street parking-an important benefit for a multi-unit rental property. Ideally situated just minutes from Chapman University and Old Towne Orange, the property benefits from proximity to a strong tenant base as well as nearby dining, shopping, entertainment, parks, schools, and everyday amenities. Convenient access to the 5, 22, 55, and 57 freeways further enhances the property's rental appeal and accessibility throughout Orange County. With two separate living spaces, extensive upgrades, abundant parking, a detached ADU with paid-off solar, and a location positioned near Chapman University and Old Towne Orange, this property presents a compelling opportunity for investors seeking flexibility, income potential, and long-term value in one of Orange's most desirable rental markets.
Full Property Details
Full Property Details for 831 E Hoover
General
- Price: $1,700,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: OC26195481
- Updated: 9/26/2026
- Days on Market: 35 days
- Added to Site: 35 day(s) ago
Rooms
Other Rooms
- Laundry: Inside, Washer Included, Dryer Included
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 2
Location
- Area: OTO - Old Towne Orange
- County: Orange
- Development Name: OTO - Old Towne Orange
- Driving Directions: Cambridge & Hoover
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 1
- # Electric Meters: 2
Structural Information
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,324
- Year Built: 1961
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 4
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.188
- Lot Size (Sq. Ft.): 8,190
- Lot Size Source: Assessor
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $731.5
- Price Per Unit: 850000
Listed by TriPacific Managers Inc, Geoffrey Fearns
Get Pre-Approved Today
Schools
Schools serving 831 E Hoover
School District:Orange Unified School District
| Name | Grades | Distance |
|---|---|---|
California Elementary School, Orange, CA 1080 North California Street, Orange, CA 92867 | K-5 | 0.2 mi |
Yorba Middle School 935 North Cambridge Street, Orange, CA 92867 | 6-8 | 0.4 mi |
Orange High School 525 North Shaffer Street, Orange, CA 92867 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 831 E Hoover
Date
Details
Price
Change
Source
9/07/2026
Listed
$1,700,000
233.33%
MLS
9/24/2009
Sold
$510,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 831 E Hoover
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,033
—
$719,699
2%
2025
$8,033
2%
$705,588
2%
2024
$7,855
2%
$691,753
2%
2023
$7,680
2%
$678,190
2%
2022
$7,530
15%
$664,893
16%
2021
$6,524
3%
$575,644
1%
2020
$6,329
1%
$569,742
2%
2019
$6,249
2%
$558,571
2%
2018
$6,154
4%
$547,619
2%
2017
$5,899
2%
$536,882
2%
2016
$5,786
1%
$526,355
2%
2015
$5,701
2%
$518,449
2%
2014
$5,580
4%
$508,294
5%
2013
$5,357
—
$485,305
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 831 E Hoover
831 E Hoover, Orange, CA 92867 (MLS# OC26195481) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 831 E Hoover is currently listed for $1,700,000 and was received on September 07, 2026. Want to learn more about 831 E Hoover? Do you have questions about finding other Multi-Family real estate for sale in Orange? You can browse all Orange real estate or contact a Coldwell Banker agent to request more information.

