NOT LISTED FOR SALE

1011 E Saint Gertrude Place Santa Ana, CA 92707

Delhi Neighborhood
5 Beds
3 Baths
2,300 Sq Ft
8,276 Sq Ft Lot

Last Sold January 20, 2021

Last sale price $900,000 $391 Per Sq Ft

71 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Accessible Parking
  • Recessed Lighting
  • Storage
  • Ceiling Fan

About This Home

As of January 2021

Great opportunity to own a newly renovated 3-unit income property consisting of 2, 2 bedroom/1 bath units, and 1 studio. All units are completely renovated, and waiting for tenants that meet your criteria! Don't miss this opportunity to get a 6%+ Cap Rate on a freshly renovated unit.
Located near South Coast Metro Area, walking distance to church, parks, schools, shopping and restaurants.

Last Agent to Sell the Property

Jon Clark

Main St. Real Estate Partners Listed on: 10/05/2020

Last Buyer's Agent

Natalie Duthoy

Harcourts Prime Properties License #01949207

Harcourts Prime Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 8,276 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot
  • Level Lot
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,300 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Storage

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • Accessible Parking
  • Suburban Location

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 24 / H
  • Tax Tract Number 696
  • Assessor Parcel Number 01411220

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,200
  • Other Expense $12
  • Operating Expense $1,200
  • Gross Income $63,600
  • Net Operating Income $61,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • CapRate: 6.50
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 01411220
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting, Storage
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 391.30

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Microwave
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level with Street, Rectangular Lot, Level
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Rental Info

  • Garage Rental Rate: 1200.00
  • Tenant Pays: All Utilities

Multi Family

  • Garage Income: 2400.00
  • Gross Income: 63600.00
  • Gross Scheduled Income: 61200.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 8276.0000 Square Feet
  • Net Operating Income: 61200.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Operating Expense: 1200.00
  • Other Expense: 12.00
  • Rent Control: No
  • Total Expenses: 1200.00

Tax Info

  • Tax Block: H
  • Tax Census Tract: 743.00
  • Tax Lot: 24
  • Tax Tract Number: 696

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2021 01/20/21 Sold $900,000 +0.1% $391 / Sq Ft
11/13/2020 11/13/20 Price Changed $899,000 -2.8% $391 / Sq Ft
10/05/2020 10/05/20 For Sale $925,000 +156.9% $402 / Sq Ft
02/19/2020 02/19/20 Sold $360,000 0.0% $221 / Sq Ft
10/07/2019 10/07/19 Pending -- -- --
04/17/2019 04/17/19 For Sale $360,000 -- $221 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20209335

California Regional Multiple Listing Service (CRMLS)

APN: 014-112-20