NOT LISTED FOR SALE
6 Beds
4 Baths
3,189 Sq Ft
0.48 Acre Lot

Sale Details

Date Sold: December 30, 2021

Last sale price $1,950,000 $611 Per Sq Ft

10 Days on Market

Highlights

  • Double Pane Windows
  • Stanley Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of December 2021

Completely remodeled income property is located in Garden Grove, just 10 miles away
from Little Sai-Gon and has lots of potential. It sits on a 20,000+ square ft. and It has a
large circular driveway with beautiful decorative stamped concrete design and brickwork.
The front house is a 4 bedrooms and 4 bathrooms plus an enclosed patio. The two back
units consist of 2 beds, 1 bathroom each with 4 garage parking space. There is also
permitted 56’ x 20’ covered carport. The property is being sold as is no repair will be made
and so the front house has solar panels if prospective buyer has to take over the lease.

Last Agent to Sell the Property

Hau Bui

Novastar Real Estate License #01353140 Listed on: 11/26/2021

Last Buyer's Agent

Tony Tran

ERS Premier License #01988234

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 20,909 Sq Ft Lot
  • No Common Walls

Parking

  • 4 Car Garage

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 3,189 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Gas and Electric Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in Garage
  • Laundry in Kitchen
  • Gas Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Tract Number 5004
  • Assessor Parcel Number 09010326
  • $1,225 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,800
  • Trash Expense $1,680
  • Water Sewer Expense $2,400
  • Operating Expense $7,880
  • Gross Income $38,400
  • Net Operating Income $30,520

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0.48 Acres

Parking

4

Listing Details

  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 2400.00
  • Zoning: R-1
  • Property Type: Residential Income
  • Parcel Number: 09010326
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 611.48
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas & Electric Range, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Garage, In Kitchen, Inside
  • Sewer: Public Sewer
  • Trash Expense: 1680.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 20909.00
  • Lot Size Acres: 0.4800

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 800 Square Feet
  • Gross Income: 38400.00
  • Gross Operating Income: 38400.00
  • Gross Scheduled Income: 38400.00
  • Insurance Expense: 3800.00
  • Lot Size Area: 20909.0000 Square Feet
  • Net Operating Income: 30520.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Operating Expense: 7880.00
  • Rent Control: No
  • Total Expenses: 7880.00

Tax Info

  • Tax Census Tract: 886.02
  • Tax Tract Number: 5004
  • TaxOtherAnnualAssessmentAmount: 1225.00

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

Listed on
Nov 26, 2021
Closed on
Dec 28, 2021
Sold by
Bought by
Seller's Agent
Hau Bui
Novastar Real Estate
Buyer's Agent
Tony Tran
ERS Premier
List Price
$1,900,000
Sold Price
$1,950,000
Premium/Discount to List
$50,000
2.63%

Purchase Details

Listed on
Feb 18, 2019
Closed on
Feb 27, 2019
Sold by
Bought by
Seller's Agent
Laura Centeno-Luna
AJ Allen & Associates
Buyer's Agent
Hau Bui
Novastar Real Estate
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.82%
Original Mortgage
$660,000
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records

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
$1,950,000 Stewart Title Of California
$1,100,000 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
Open $1,000,000
Closed $500,000
Previous Owner $650,000
Previous Owner $660,000
Previous Owner $549,450
Previous Owner $442,400
Previous Owner $425,000
Previous Owner $272,000
Previous Owner $255,000
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 Prior Sale
12/30/2021 12/30/21 Sold $1,950,000 +2.6% $611 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
12/06/2021 12/06/21 For Sale $1,900,000 -2.6% $596 / Sq Ft
12/01/2021 12/01/21 Off Market $1,950,000 -- --
11/26/2021 11/26/21 For Sale $1,900,000 +72.7% $596 / Sq Ft
04/25/2019 04/25/19 Sold $1,100,000 0.0% $258 / Sq Ft View Prior Sale
02/18/2019 02/18/19 For Sale $1,100,000 -- $258 / 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 $25,785 $2,110,742 $1,623,649 $487,093
2025 $25,152 $2,069,355 $1,591,812 $477,543
2024 $25,152 $2,028,780 $1,560,600 $468,180
2023 $24,706 $1,989,000 $1,530,000 $459,000
2022 $24,165 $1,950,000 $1,500,000 $450,000
2021 $14,487 $1,133,623 $922,365 $211,258
2020 $14,669 $1,122,000 $912,908 $209,092
2019 $8,967 $679,288 $472,734 $206,554
2018 $8,750 $665,969 $463,465 $202,504
2017 $8,659 $652,911 $454,377 $198,534
2016 $8,235 $640,109 $445,467 $194,642
2015 $7,914 $612,322 $438,776 $173,546
2014 $7,732 $600,328 $430,181 $170,147
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21245780

California Regional Multiple Listing Service (CRMLS)

APN: 090-103-26

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