$405,000
SOLD JUN 30, 2012

1139 N Shattuck St Orange, CA 92867

-- Bed
-- Bath
3,330 Sq Ft
7,016 Sq Ft Lot

Recently Sold

$122 Per Sq Ft

10 Days on Market

About This Home

As of February 2013

Complex has 3 units, two 2 bedroom, 1.5 bath units, and one 2 bedroom + den, 2 bath home. The 2/1.5 units are town home style, with the kitchen, laundry, family room and a half bath downstairs, and both bedrooms and bathroom are upstairs. Very nice layout! Both 2/1.5 bedroom units have their own completely enclosed patios, with orange and pomegranate trees as well! The third unit is it's own little 2 bedroom, with a den, 2 full bath home, with its own yard. The family room boasts a wonderful red brick fireplace, nice kitchen. All units have their own laundry rooms inside, and all have enclosed garages (detached). This complex sits on the corner of Shattuck and Adams, and is close to the 55, Katella and Tustin. Very centrally located. Low vacancy with current rents at $1650, and $2200. This is an excellent opportunity to own units in a competitive high rent area! Do Not Disturb Tenants, Please!

Last Agent to Sell the Property

Maribel Gonzalez

Liberty Realty & Financial Ser License #01205562 Listed on: 04/08/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,016 Sq Ft Lot
  • Lot Dimensions are 70x100

Parking

  • 3 Parking Spaces

Home Design

  • Stucco

Interior Spaces

  • 3,330 Sq Ft Home
  • Fireplace

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 0.1
  • Tax Tract Number 4206
  • Assessor Parcel Number 37541302

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $60
  • Gardener Expense $80
  • Insurance Expense $80
  • Trash Expense $20
  • Water Sewer Expense $130
  • New Taxes Expense $8,970
  • Gross Income $5,400
  • Net Operating Income $61,920

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 15.29
  • View: No
  • Water Sewer Expenses: 130.00
  • Property Type: Residential Income
  • Gardener Expense: 80.00
  • Parcel Number: 37541302
  • Year Built: 1963
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 121.62

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: No
  • Trash Expense: 20.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 70x100
  • Lot Size Sq Ft: 7016.00
  • Lot Size Acres: 0.1610

Multi Family

  • Electric Expense: 60.00
  • Gross Income: 5400.00
  • Gross Multiplier: 6.25
  • Gross Scheduled Income: 64800.00
  • Insurance Expense: 80.00
  • Lot Size Area: 7016.0000 Square Feet
  • Net Operating Income: 61920.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 2880.00
  • Other Expense Description: 20

Tax Info

  • New Taxes Expense: 8970.00
  • Tax Area: 08001
  • Tax Lot: 0.1
  • Tax Tract Number: 4206

Range of Values:

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List Price
Sold Price
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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
02/26/2013 02/26/13 Sold $595,000 -1.0% $179 / Sq Ft
12/19/2012 12/19/12 Pending -- -- --
12/10/2012 12/10/12 For Sale $601,000 +48.4% $180 / Sq Ft
06/30/2012 06/30/12 Sold $405,000 0.0% $122 / Sq Ft
04/18/2012 04/18/12 Pending -- -- --
04/08/2012 04/08/12 For Sale $405,000 -- $122 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Marie Fimbres

    REO Modern Realty Corp

    Section Image

  • A

    Buyer's Agent in 2013

    Armando Perez

    Excellence RE Real Estate, Inc.

    (562) 863-2121

    50 Total Sales

    Armando Perez
    Section Image

  • M

    Seller's Agent in 2012

    Maribel Gonzalez

    Liberty Realty & Financial Ser

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P819164

California Regional Multiple Listing Service (CRMLS)

APN: 375-413-02

California Orange County Orange 92867

1139 N Shattuck St, Orange, CA

This home is located at 1139 N Shattuck St, Orange, CA 92867 and is currently priced at $405,000, approximately $121 per square foot. This property was built in 1963. 1139 N Shattuck St is a home located in Orange County with nearby schools including California iInspire Academy, Yorba Middle School, and Orange High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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