NOT LISTED FOR SALE

1025 W Central Ave Unit B Santa Ana, CA 92707

Sunwood Central Neighborhood
5 Beds
4 Baths
4,557 Sq Ft
6,534 Sq Ft Lot

Last Sold July 24, 2021

Last sale price $1,240,000 $272 Per Sq Ft

79 Days on Market

Highlights

  • Open Floorplan
  • Laundry Room
  • Level Lot
  • Property is near public transit
  • 5 Car Garage
  • Heating Available

About This Home

As of July 2021

Excellent opportunity to buy this highly desirable 4 unit income producing property with huge upside potential located in the heart of Orange County. Must see you will not find units this large anywhere at this price. One of the units is 3 bed 2 bath 1,500sqft with 2 outside patios and 2 garage spaces. The other 3 units are all 2 bed 2 bath with 1 garage space. On site laundry. 4 units with this square footage at this price will not last long. Make an offer now

Last Agent to Sell the Property

Frank Magdaleno

BayBrook Realty License #01374770 Listed on: 04/01/2021

Last Buyer's Agent

Frank Magdaleno

BayBrook Realty License #01374770 Listed on: 04/01/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 6,534 Sq Ft Lot
  • No Common Walls
  • Level Lot

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 5 Car Garage
  • Parking Available

Home Design

  • Quadruplex

Interior Spaces

  • 4,557 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • Property is near public transit
  • Heating Available

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 9396
  • Assessor Parcel Number 41042115

Community Details

Overview

  • 4 Units
  • Bristol Terrace HOA, Phone Number (714) 606-7699
  • HOA Management HOA
  • Sunwood I Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $360
  • Fuel Expense $1,200
  • Insurance Expense $2,700
  • Other Expense $4,200
  • Water Sewer Expense $3,000
  • New Taxes Expense $14,300
  • Operating Expense $25,760
  • Net Operating Income $71,440

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

HOA Fees

$350 per month

Parking

5

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Sunwood I (SUN1)
  • Water Sewer Expenses: 3000.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 41042115
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Open Floorplan
  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 272.11

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 350.00
  • Association Fee Frequency: Monthly
  • Association Name: Bristol Terrace HOA
  • Phone: 714-606-7699
  • Senior Community: No
  • Community Features: Curbs, Sidewalks
  • Association Management: HOA Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot 6500-9999, Near Public Transit
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Electric Expense: 360.00
  • Fuel Expense: 1200.00
  • Gross Scheduled Income: 97200.00
  • Insurance Expense: 2700.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 71440.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 25760.00
  • Other Expense: 4200.00
  • Other Expense Description: HOA
  • Rent Control: No
  • Total Expenses: 25760.00

Tax Info

  • New Taxes Expense: 14300.00
  • Tax Census Tract: 740.05
  • Tax Lot: 14
  • Tax Tract Number: 9396

Range of Values:

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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
07/24/2021 07/24/21 Sold $1,240,000 -4.5% $272 / Sq Ft
05/29/2021 05/29/21 Price Changed $1,299,000 -3.8% $285 / Sq Ft
04/01/2021 04/01/21 For Sale $1,350,000 -- $296 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Frank Magdaleno

    Seller's Agent in 2021

    Frank Magdaleno

    BayBrook Realty

    (714) 661-7877

    1 in this area

    61 Total Sales

    Frank Magdaleno
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21068332

California Regional Multiple Listing Service (CRMLS)

California Orange County Santa Ana 92707 Sunwood Central

1025 W Central Ave Unit B, Santa Ana, CA

This home is located at 1025 W Central Ave Unit B, Santa Ana, CA 92707 since 01 April 2021. This property was built in 1977. 1025 W Central Ave Unit B is a home located in Orange County with nearby schools including Washington Elementary School, McFadden Institute of Technology, and Saddleback High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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