NOT LISTED FOR SALE
9 Beds
7 Baths
4,557 Sq Ft
6,534 Sq Ft Lot

Last Sold May 06, 2022

Last sale price $1,365,000 $300 Per Sq Ft

4 Days on Market

About This Home

As of May 2022

4 Unit Apartment building in the heart of Santa Ana. Close to South Coast Plaza and walking distance to shopping and transportation on Bristol St, This property includes a townhome with 3 bedrooms and 2 bathrooms and two patios. There are two 2 bedroom/2 bathroom units and one 2 bedroom/1 bathroom unit. In total 4,557 Sqft of living space with 4 attached garages and 4 additional parking spaces, plus 3 visitor parking spaces in a community with an open area.100% occupied by long-time tenants. huge upside in rent and a truly added value investment opportunity.

Last Agent to Sell the Property

Bruce Lavi

Keller Williams Realty-Studio City License #01482721 Listed on: 03/28/2022

Keller Williams Realty-Studio City

Last Buyer's Agent

Bruce Lavi

Keller Williams Realty-Studio City License #01482721 Listed on: 03/28/2022

Keller Williams Realty-Studio City

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 6,534 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 8 Car Garage

Home Design

  • Quadruplex

Interior Spaces

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

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 9396
  • Assessor Parcel Number 41042108
  • $991 per year additional tax assessments

Community Details

Overview

  • Property has a Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • Electric Expense $300
  • Fuel Expense $1,500
  • Insurance Expense $1,300
  • Maintenance Expense $1,000
  • Water Sewer Expense $2,500
  • New Taxes Expense $15,500
  • Operating Expense $22,300
  • Gross Income $81,400
  • Net Operating Income $59,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Parking

8

Listing Details

  • Price Per Unit: 316250
  • Property Attached: No
  • Water Sewer Expenses: 2500.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 41042108
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 299.54

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Curbs, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500
  • Latitude Manual: 33.71320400

Multi Family

  • Average2 Bed Area: 1066 Square Feet
  • Average3 Bed Area: 1350 Square Feet
  • Electric Expense: 300.00
  • Fuel Expense: 1500.00
  • Gross Income: 81400.00
  • Gross Scheduled Income: 81400.00
  • Insurance Expense: 1300.00
  • Laundry Income: 200.00
  • Lot Size Area: 6534.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 59100.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Units Total: 4
  • Operating Expense: 22300.00
  • Rent Control: Yes
  • Total Expenses: 22300.00

Tax Info

  • New Taxes Expense: 15500.00
  • Tax Census Tract: 740.05
  • Tax Lot: 5
  • 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
05/06/2022 05/06/22 Sold $1,365,000 +7.9% $300 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $1,265,000 +40.7% $278 / Sq Ft
04/06/2015 04/06/15 Sold $899,000 0.0% $197 / Sq Ft
02/13/2015 02/13/15 Pending -- -- --
01/15/2015 01/15/15 For Sale $899,000 -- $197 / 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: SR22057176

California Regional Multiple Listing Service (CRMLS)

APN: 410-421-08