NOT LISTED FOR SALE
10 Beds
6 Baths
11,713 Sq Ft
0.4 Acre Lot

Sale Details

Date Sold: October 10, 2012

Last sale price $1,550,000 $132 Per Sq Ft

262 Days on Market

Highlights

  • 0.4 Acre Lot
  • Wood Siding
  • No Heating
  • Contemporary Architecture

About This Home

As of October 2012

14 units in two buildings side by side with gated entry. Property has a great mix of units(12)2-bedroom,1-bath (2)1-bedroom,1baths and 16 enclosed garages. Property is centrally located in a high demand rental area of Orange County. It's less than 5 minutes from major employment hubs like; Disneyland, Angel's Stadium, Honda Center, and The Block of Orange shopping mall. Elementary school is located one block away and near Junior/High schools. Less than 1 mile from major fwys such as 5Fwy, 22Fwy & 57Fwy. Excellent rental area.

Last Agent to Sell the Property

Mary Kasenberg

Coldwell Banker Realty License #00523581 Listed on: 12/23/2011

Coldwell Banker Realty

Co-Listed By

Dave Bond

Coldwell Banker Realty License #01900288

Last Buyer's Agent

Shawn Luong

eXp Realty of Greater Los Angeles License #00857818

eXp Realty of Greater Los Angeles

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 17,328 Sq Ft Lot
  • Lot Dimensions are 152x114

Parking

  • 16 Car Garage

Home Design

  • 11,713 Sq Ft Home
  • Contemporary Architecture
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Utilities

  • No Heating
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 0.2
  • Tax Tract Number 3419
  • Assessor Parcel Number 13734106

Community Details

Overview

  • 2 Buildings
  • 14 Units

Building Details

  • 16 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,000
  • Gardener Expense $1,375
  • Insurance Expense $4,972
  • Other Expense $8,600
  • Pest Control $500
  • Professional Management Expense $10,000
  • Supplies Expense $318
  • Trash Expense $1,000
  • Water Sewer Expense $3,500
  • New Taxes Expense $22,000
  • Gross Income $14,725
  • Net Operating Income $110,043

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0.4 Acres

Parking

16

Listing Details

  • Assessments: No
  • CapRate: 6.49
  • Professional Management Expense: 10000.00
  • Supplies Expense: 318.00
  • View: No
  • Water Sewer Expenses: 3500.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 1375.00
  • Parcel Number: 13734106
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 132.33

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 16.00
  • Parking: No
  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Sewer Connected
  • Heating: No
  • Laundry: No
  • Pest Control Expense: 500.00
  • Sewer: Sewer Paid
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 152x114
  • Lot Size Sq Ft: 17328.00
  • Lot Size Acres: 0.3980

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Electric Expense: 1000.00
  • Gross Income: 14725.00
  • Gross Multiplier: 9.45
  • Gross Scheduled Income: 179460.00
  • Insurance Expense: 4972.00
  • Lot Size Area: 17328.0000 Square Feet
  • Maintenance Percent: 5.00
  • Net Operating Income: 110043.00
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 14
  • Operating Expense: 58650.00
  • Other Expense: 8600.00
  • Other Expense Description: Maint
  • Vacancy Allowance Rate: 6.00

Tax Info

  • New Taxes Expense: 22000.00
  • Tax Area: 01007
  • Tax Lot: 0.2
  • Tax Tract Number: 3419
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
10/10/2012 10/10/12 Sold $1,550,000 -16.2% $132 / Sq Ft
09/10/2012 09/10/12 Pending -- -- --
12/23/2011 12/23/11 For Sale $1,850,000 -- $158 / 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
2025 $12,149 $954,351 $731,469 $222,882
2024 $12,149 $935,639 $717,127 $218,512
2023 $11,879 $917,294 $703,066 $214,228
2022 $11,711 $899,308 $689,280 $210,028
2021 $11,718 $881,675 $675,765 $205,910
2020 $11,662 $872,635 $668,836 $203,799
2019 $11,344 $855,525 $655,722 $199,803
2018 $11,118 $838,750 $642,864 $195,886
2017 $10,706 $822,304 $630,258 $192,046
2016 $10,668 $806,181 $617,900 $188,281
2015 $10,567 $794,072 $608,619 $185,453
2014 $9,953 $778,518 $596,697 $181,821
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P807224

California Regional Multiple Listing Service (CRMLS)
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