NOT LISTED FOR SALE

11502 Stuart Dr Garden Grove, CA 92843

3 Beds
2 Baths
8,154 Sq Ft
0.42 Acres

Last Sold March 31, 2015

Last sale price $2,075,000 $254 Per Sq Ft

53 Days on Market

About This Home

As of March 2015

Substantial Rehab and Renovation
New Granite, Roofs, Paint, Landscaping, Flooring,Windows, Lighting, Gas Lines, etc.
Certified Lead Free Building
1 & 2 Bedrooms
Garages
14 Apartment Units
Corner Lot

Last Agent to Sell the Property

Rick Applebaum

Morgan Skenderian License #01273871 Listed on: 12/15/2014

Last Buyer's Agent

Rick Applebaum

Morgan Skenderian License #01273871 Listed on: 12/15/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.42 Acre Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 18 Car Garage

Home Design

  • 8,154 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Leased Washer and Dryer

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 2770
  • Assessor Parcel Number 10056301

Community Details

Overview

  • 2 Buildings
  • 14 Units

Building Details

  • 15 Separate Electric Meters
  • 15 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,440
  • Insurance Expense $13,800
  • Maintenance Expense $6,935
  • Other Expense $750
  • Trash Expense $6,731
  • Water Sewer Expense $6,732
  • New Taxes Expense $27,963
  • Gross Income $14,848
  • Net Operating Income $103,679

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

18

Listing Details

  • CapRate: 4.90
  • Property Attached: Yes
  • Water Sewer Expenses: 6732.00
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 10056301
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 254.48

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 18.00
  • Total Parking Spaces: 18.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 6731.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 18295.00
  • Lot Size Acres: 0.4200

Multi Family

  • Gross Income: 14848.00
  • Gross Multiplier: 11.93
  • Gross Scheduled Income: 178176.00
  • Gross Spendable Income: 29250.00
  • Insurance Expense: 13800.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 18295.0000 Square Feet
  • Maintenance Expense: 6935.00
  • Net Operating Income: 103679.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 15
  • Number Of Separate Gas Meters: 15
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 14
  • Operating Expense: 69151.00
  • Operating Expense Percent: 38.80
  • Other Expense: 750.00
  • Other Expense Description: Admin
  • Rent Control: No
  • Vacancy Allowance: 5345
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 27963.00
  • Tax Lot: 11
  • Tax Tract Number: 2770

Range of Values:

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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
03/31/2015 03/31/15 Sold $2,075,000 -2.4% $254 / Sq Ft
02/06/2015 02/06/15 Pending -- -- --
12/15/2014 12/15/14 For Sale $2,125,000 -- $261 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Rick Applebaum

    Seller's Agent in 2015

    Rick Applebaum

    Morgan Skenderian

    (949) 251-8800

    3 in this area

    64 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14258487

California Regional Multiple Listing Service (CRMLS)

California Orange County Garden Grove 92843

11502 Stuart Dr, Garden Grove, CA

This home is located at 11502 Stuart Dr, Garden Grove, CA 92843 since 15 December 2014. This property was built in 1960. 11502 Stuart Dr is a home located in Orange County with nearby schools including Peters K-3 Elementary School, Izaak Walton Intermediate School, and Santiago 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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