NOT LISTED FOR SALE
3 Beds
3 Baths
4,314 Sq Ft
8,938 Sq Ft Lot

Sale Details

Date Sold: September 10, 2012

Last sale price $780,000 $181 Per Sq Ft

72 Days on Market

Highlights

  • Wood Siding
  • Hansen Elementary School Rated 9+
  • No Heating

About This Home

As of September 2012

West Stanton Location Bordering Los Alamitos & Cypress. Pride of Ownership: The property is in Turn Key Condition and has been immaculately maintained by the current ownership. Concrete Driveways. New dual pane windows were installed two years ago and the roof was replaced 3 years ago. Ease of Management: Well selected quality tenants in place. Tenant amenities include assigned carport spaces with storage units, access to on-site laundry facility (landlord owned), and laundry storage. Open & Spacious 2 Bedroom Floor Plans dominate the unit mix with small dining areas. Near Major Employment Sources: Just 2 Miles East of the prominent Business District and Employment Hub located at Valley View St. and Katella Ave.

Last Agent to Sell the Property

Ignacio Diaz Jr

Investment Capital Real Estate License #01379930 Listed on: 05/10/2012

Last Buyer's Agent

Kris Wells

Kris M. Wells, Broker License #00925214

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 8,938 Sq Ft Lot
  • Lot Dimensions are 66x135

Home Design

  • 4,314 Sq Ft Home
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces

Utilities

  • No Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 15
  • Tax Tract Number 312
  • Assessor Parcel Number 07931215

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $556
  • Gardener Expense $720
  • Insurance Expense $1,475
  • Maintenance Expense $1,500
  • Other Expense $1,500
  • Trash Expense $842
  • Water Sewer Expense $2,564
  • New Taxes Expense $9,468
  • Gross Income $6,250
  • Net Operating Income $52,772

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

8,938 Sq Ft Lot

Listing Details

  • Assessments: No
  • CapRate: 6.69
  • View: No
  • Water Sewer Expenses: 2564.00
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 07931215
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 180.81

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Carport Spaces: 6.00
  • Parking: No
  • Total Parking Spaces: 6.00

Utilities

  • Heating: No
  • Laundry: No
  • Trash Expense: 842.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 66x135
  • Lot Size Sq Ft: 8938.00
  • Lot Size Acres: 0.2050

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 556.00
  • Gross Income: 6250.00
  • Gross Multiplier: 10.52
  • Gross Scheduled Income: 75000.00
  • Insurance Expense: 1475.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 8938.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 52772.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 21028.00
  • Operating Expense Percent: 29.00
  • Other Expense: 1500.00
  • Vacancy Allowance Rate: 4.00

Tax Info

  • New Taxes Expense: 9468.00
  • Tax Area: 17020
  • Tax Lot: 15
  • Tax Tract Number: 312

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2012
Sold by
Pack Brett David and Pack Debbie Elias
Bought by

Purchase Details

Listed on
May 10, 2012
Closed on
Sep 5, 2012
Sold by
Rueda Alberto and Rueda Denise
Bought by
Pack Brett David and Pack Debbi Elias
Seller's Agent
Ignacio Diaz Jr
Investment Capital Real Estate
Buyer's Agent
Kris Wells
Kris M. Wells, Broker
List Price
$789,000
Sold Price
$780,000
Premium/Discount to List
-$9,000
-1.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
3.59%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Accommodation
Pack Brett David $780,000 Fidelity National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $488,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/10/2012 09/10/12 Sold $780,000 -1.1% $181 / Sq Ft
07/21/2012 07/21/12 Pending -- -- --
05/10/2012 05/10/12 For Sale $789,000 -- $183 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $13,828 $1,033,450 $785,583 $247,867
2025 $13,828 $1,013,187 $770,180 $243,007
2024 $12,139 $923,566 $755,078 $168,488
2023 $11,836 $905,457 $740,272 $165,185
2022 $11,607 $887,703 $725,756 $161,947
2021 $11,704 $870,298 $711,526 $158,772
2020 $11,542 $861,375 $704,231 $157,144
2019 $11,242 $844,486 $690,423 $154,063
2018 $11,084 $827,928 $676,885 $151,043
2017 $10,718 $811,695 $663,613 $148,082
2016 $10,672 $795,780 $650,601 $145,179
2015 $10,549 $783,827 $640,828 $142,999
2014 $10,054 $768,473 $628,275 $140,198
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12001900

California Regional Multiple Listing Service (CRMLS)
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