NOT LISTED FOR SALE

1062 Andrews St Tustin, CA 92780

4 Beds
2 Baths
4,300 Sq Ft
10,062 Sq Ft

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

10,054 Sq Ft Lot

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
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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 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

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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14070101

California Regional Multiple Listing Service (CRMLS)

APN: 500-171-14

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