NOT LISTED FOR SALE

1062 Andrews St Tustin, CA 92780

4 Beds
2 Baths
4,300 Sq Ft
10,054 Sq Ft Lot

Last Sold October 08, 2014

Last sale price $987,275 $230 Per Sq Ft

144 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • 4 Detached Carport Spaces

About This Home

As of October 2014

** Great Investment Oppertunity ** Pride Location! ** Never Vacant ** Special 4 Units ** 3 Townhouse Style 2 Bedrooms/1.5 Baths with large Private back yard on each unit + 1 single Story Cottage with Yard at front ** each unit has 1 covered Carport ** 1082 Andrews 4 units also for sale ** current rent under market price ** Property to be sold "AS IS" condition.

Last Agent to Sell the Property

Tina Chen

Realty One Group West License #01054975 Listed on: 03/27/2014

Realty One Group West

Last Buyer's Agent

Daniel Slater

Orange Realty, Inc. License #00815061

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 10,054 Sq Ft Lot
  • 1 Common Wall
  • Private Yard

Parking

  • 4 Car Garage
  • 4 Detached Carport Spaces
  • Parking Available

Home Design

  • Property Attached

Interior Spaces

  • 4,300 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for trash collection
  • Tax Lot 1
  • Tax Tract Number 4661
  • Assessor Parcel Number 50017114

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 1 Separate Water Meter
  • Electric Expense $4,200
  • Insurance Expense $2,320
  • Professional Management Expense $2,400
  • Trash Expense $707
  • Water Sewer Expense $2,500
  • New Taxes Expense $10,171
  • Gross Income $5,450
  • Net Operating Income $46,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

4

Listing Details

  • Professional Management Expense: 2400.00
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 2500.00
  • Property Type: Residential Income
  • Parcel Number: 50017114
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 229.60

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Community
  • Trash Expense: 707.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 10054.00
  • Lot Size Acres: 0.2310

Rental Info

  • Tenant Pays: Trash Collection

Multi Family

  • Average2 Bed Area: 1070
  • Average Studio Area: 1075
  • Electric Expense: 4200.00
  • Gross Income: 5450.00
  • Gross Scheduled Income: 65400.00
  • Insurance Expense: 2320.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 10054.0000 Square Feet
  • Net Operating Income: 46200.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 19800.00
  • Operating Expense Percent: 30.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 10171.00
  • Tax Lot: 1
  • Tax Tract Number: 4661
  • Tax Year: 2013

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2014 10/08/14 Sold $987,275 -6.0% $230 / Sq Ft
08/18/2014 08/18/14 Pending -- -- --
03/27/2014 03/27/14 For Sale $1,050,000 -- $244 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $13,838 $1,186,551 $997,756 $188,795
2024 $13,838 $1,163,286 $978,192 $185,094
2023 $13,488 $1,140,477 $959,012 $181,465
2022 $13,272 $1,118,115 $940,208 $177,907
2021 $13,011 $1,096,192 $921,773 $174,419
2020 $12,942 $1,084,952 $912,321 $172,631
2019 $12,637 $1,063,679 $894,432 $169,247
2018 $12,435 $1,042,823 $876,894 $165,929
2017 $12,222 $1,022,376 $859,700 $162,676
2016 $12,009 $1,002,330 $842,843 $159,487
2015 $12,208 $987,275 $830,183 $157,092
2014 $10,466 $834,012 $660,188 $173,824
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14070101

California Regional Multiple Listing Service (CRMLS)

APN: 500-171-14