NOT LISTED FOR SALE

1031 W Central Ave Santa Ana, CA 92707

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

Last Sold March 29, 2022

Last sale price $1,530,000 $336 Per Sq Ft

5 Days on Market

Highlights

  • Laundry Room
  • Landscaped
  • Back Yard

About This Home

As of March 2022

A well maintained 2 story apartment building in a highly desirable Santa Ana neighborhood. 100% occupancy. This property includes (1) 3 bedroom 2 bath, (2) 2 bedroom 2 bath and (1) 2 bedroom 1 bath units. It has approx. 4,557 Sqft of living space and is located on a large lot with attached garage parking and 4 extra street parking space. Tons of amenities for the tenants that include private patios and or balconies, onsite laundry. This one is located in an excellent rental location and boasts historically low vacancy rates with ability to drastically increase rents. Drive by only.

Last Agent to Sell the Property

Rita Chang

Pinnacle Real Estate Group License #01952728 Listed on: 01/27/2022

Pinnacle Real Estate Group

Co-Listed By

Jessica Gong

Pinnacle Real Estate Group License #01922178

Last Buyer's Agent

Tuan Quach

AmeriFund Corporation License #02012728

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 6,534 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Back Yard

Parking

  • 5 Car Garage

Interior Spaces

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

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 9396
  • Assessor Parcel Number 41042112
  • $991 per year additional tax assessments

Community Details

Overview

  • Property has a Home Owners Association
  • 4 Units
  • Sunwood I Subdivision

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $294
  • Fuel Expense $1,720
  • Insurance Expense $1,350
  • Maintenance Expense $1,350
  • Water Sewer Expense $2,942
  • New Taxes Expense $16,875
  • Operating Expense $24,688
  • Gross Income $94,200
  • Net Operating Income $65,312

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Parking

5

Listing Details

  • Price Per Unit: 337500
  • Property Attached: No
  • Subdivision Name Other: Sunwood I (SUN1)
  • Water Sewer Expenses: 2942.00
  • Property Type: Residential Income
  • Parcel Number: 41042112
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 335.75

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 350.00
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Electric Expense: 294.00
  • Fuel Expense: 1720.00
  • Gross Income: 94200.00
  • Gross Scheduled Income: 94200.00
  • Insurance Expense: 1350.00
  • Laundry Income: 2640.00
  • Lot Size Area: 6534.0000 Square Feet
  • Maintenance Expense: 1350.00
  • Net Operating Income: 65312.00
  • 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: 4200.00
  • Rent Control: No
  • Total Expenses: 24688.00

Tax Info

  • New Taxes Expense: 16875.00
  • Tax Census Tract: 740.05
  • Tax Lot: 9
  • Tax Tract Number: 9396
  • TaxOtherAnnualAssessmentAmount: 991.00

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
03/29/2022 03/29/22 Sold $1,530,000 +13.3% $336 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $1,350,000 +12.2% $296 / Sq Ft
08/01/2019 08/01/19 Sold $1,203,300 -1.8% $264 / Sq Ft
06/03/2019 06/03/19 Pending -- -- --
05/21/2019 05/21/19 Price Changed $1,225,000 -2.0% $269 / Sq Ft
04/16/2019 04/16/19 For Sale $1,250,000 -- $274 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Rita Chang

    Pinnacle Real Estate Group

    (909) 861-2800

    1 in this area

    42 Total Sales

    Rita Chang
    Section Image

  • J

    Seller Co-Listing Agent in 2022

    Jessica Gong

    Pinnacle Real Estate Group

    (909) 861-2800

    1 in this area

    32 Total Sales

    Jessica Gong
    Section Image

  • T

    Buyer's Agent in 2022

    Tuan Quach

    AmeriFund Corporation

    (714) 714-0199

    1 in this area

    24 Total Sales

    Tuan Quach
    Section Image

  • A

    Seller's Agent in 2019

    Amy Hsu

    Triple-Eight Realty

    (714) 821-8888

    7 Total Sales

    Amy Hsu
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR22016417

California Regional Multiple Listing Service (CRMLS)

APN: 410-421-12

California Orange County Santa Ana 92707 Sunwood Central

1031 W Central Ave, Santa Ana, CA

This home is located at 1031 W Central Ave, Santa Ana, CA 92707 since 27 January 2022. This property was built in 1977. 1031 W Central Ave 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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