J
Seller's Agent in 2021
James Madden
Realty One Group West
(949) 734-6581
1 in this area
15 Total Sales
1014 W 3rd St Santa Ana, CA 92703
Pico-Lowell Neighborhood
3
Beds
2
Baths
1,185
Sq Ft
5,227
Sq Ft Lot
Highlights
- Laundry Room
- Back Yard
- 1-minute walk to Angels Community Park
- Bike Trail
- 1-Story Property
About This Home
As of September 2021Welcome to the lowest priced Multi Family property in Santa Ana. 1012 & 1014 W third street is an amazing opportunity for a savvy investor or homeowner. The property features a 2 bed 1 bath front unit and a 1 bed bath rear unit. The units are separately metered for electric, gas and have a separate address. The 4-car garage has been converted into two studio units without permits. It may be possible to convert this to a legal ADU. Buyer to investigate.
The Tenants have never missed a payment and are long term Tenants. The current rents are under market and offer a large upside by increasing rents. All units were upgraded two years ago to include: new kitchen cabinets with Quartz countertops, completely remodeled bathrooms, new windows, new flooring throughout, Freshly painted, Upgraded Electrical and Plumbing. The roof is approximately 7 years old.
This is an amazing low maintenance investment and perfect to live in one and rent the other or keep both as a Rental income.
Last Agent to Sell the Property
Realty One Group West License #02049382 Listed on: 07/02/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1913
Lot Details
- 5,227 Sq Ft Lot
- 1 Common Wall
- Back Yard
Parking
- 4 Car Garage
Home Design
- Property Attached
Interior Spaces
- 1,185 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Listing and Financial Details
- Legal Lot and Block 4 / A
- Tax Tract Number 360
- Assessor Parcel Number 40516317
Community Details
Overview
- 2 Buildings
- 2 Units
Amenities
- Laundry Facilities
Recreation
- Bike Trail
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $100
- Insurance Expense $36
- Trash Expense $100
- Water Sewer Expense $100
- Operating Expense $336
- Gross Income $59,760
- Net Operating Income $56,160
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/27/2021 09/27/21 | Sold | $730,000 | -1.4% | $616 / Sq Ft | |
| 07/08/2021 07/08/21 | Price Changed | $740,000 | +8.8% | $624 / Sq Ft | |
| 07/02/2021 07/02/21 | For Sale | $680,000 | +52.8% | $574 / Sq Ft | |
| 01/05/2018 01/05/18 | Sold | $445,000 | -25.7% | $376 / Sq Ft | View Prior Sale |
| 08/11/2017 08/11/17 | Price Changed | $599,000 | -7.8% | $505 / Sq Ft | |
| 07/03/2017 07/03/17 | For Sale | $650,000 | +81.8% | $549 / Sq Ft | |
| 11/13/2014 11/13/14 | Sold | $357,500 | -10.4% | $302 / Sq Ft | View Prior Sale |
| 09/26/2014 09/26/14 | Pending | -- | -- | -- | |
| 08/21/2014 08/21/14 | For Sale | $399,000 | -- | $337 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,061 | $780,300 | $707,727 | $72,573 |
| 2024 | $9,061 | $765,000 | $693,850 | $71,150 |
| 2023 | $8,839 | $750,000 | $680,245 | $69,755 |
| 2022 | $8,691 | $730,000 | $666,017 | $63,983 |
| 2021 | $7,401 | $618,340 | $556,737 | $61,603 |
| 2020 | $7,417 | $612,000 | $551,028 | $60,972 |
| 2019 | $7,271 | $600,000 | $540,223 | $59,777 |
| 2018 | $4,666 | $377,614 | $304,476 | $73,138 |
| 2017 | $4,626 | $370,210 | $298,506 | $71,704 |
| 2016 | $4,536 | $362,951 | $292,652 | $70,299 |
| 2015 | $4,479 | $357,500 | $288,256 | $69,244 |
| 2014 | $3,414 | $262,621 | $181,430 | $81,191 |
Source: Public Records
Agents Affiliated with this Home
-
James Madden
-
Jaret Leiva
Buyer's Agent in 2021
Jaret Leiva
Milestone Realty
(714) 260-2529
2 in this area
15 Total Sales
-
J
Seller's Agent in 2018
Jason Keyz
Keyz Group, Inc.
-
ERIC WEST
Buyer's Agent in 2018
ERIC WEST
ERIC WEST, BROKER
(310) 927-4019
37 Total Sales
-
JAVIER RAMIREZ
Seller's Agent in 2014
JAVIER RAMIREZ
RE/MAX INNOVATIONS
(213) 216-5306
59 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21144875
APN: 405-163-17
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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 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.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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