NOT LISTED FOR SALE

11827 Orange St Norwalk, CA 90650

Estimated Value: $784,000 - $1,071,000

6 Beds
3 Baths
2,266 Sq Ft
$410/Sq Ft Est. Value

Last Sold June 11, 2020

Last sale price $820,000 $362 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,890/month

23 Days on Market

Highlights

  • Air Conditioning
  • 1-Story Property
  • 4-minute walk to New River Park

About This Home

As of June 2020

We are pleased to present a beautiful 4-Bed / 2-Bath Single Family Home Plus Brand New 2020 Constructed 2-Bed / 1-Bath ADU in the rear. The front single family home was originally built in 1938 as a 3-Bed / 1-Bath. The current owner added a bedroom and bathroom in 2019 and completely rehabbed the house. This is perfect for an owner user in which you could live in the front, rent out the ADU in the rear, and drastically reduce your mortgage payment. Conversely, this is also an excellent opportunity to purchase a turnkey asset, rent out both units, and enjoy the cash flow. All financials are based on proforma income and expenses.

Last Agent to Sell the Property

Nicholas Petrosian

Remax Commercial and Investment Realty License #01462598 Listed on: 04/20/2020

Remax Commercial and Investment Realty

Last Buyer's Agent

Gary Richardson

License #00466560

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,312

Year Built

  • Built in 1938

Lot Details

  • 8,070

Parking

  • 2 Parking Spaces

Interior Spaces

  • 2,266 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • 8,070 Sq Ft Lot
  • Accessory Dwelling Unit (ADU)
  • Air Conditioning

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 8054-019-024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,312

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2266
  • Stories: 1
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 364.08

Exterior Features

  • Other Structures: Accessory Dwelling Unit

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning

Lot Info

  • Assessed Improvement Value: 38556
  • Assessed Land Value: 32460
  • Assessor Parcel Number: 8054-019-024
  • Geocode Override: No
  • Lot Size Area: 8070

Multi Family

  • Gross Rent Multiplier: 11.75
  • Number Of Units: 2
  • Total Annual Expense: 17012
  • Type Of Units: SFR Plus ADU
  • Vacancy Rate: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2024
Sold by
Villarreal Eliodoro and Lara Ramona
Bought by
Eliodoro Villarreal Miramontes And Ramona Lar and Miramontes
Current Estimated Value
$928,435

Purchase Details

Listed on
Apr 20, 2020
Closed on
May 20, 2020
Sold by
Agent Cooper Llc
Bought by
Villarreal Eliodoro and Lara Ramona
Seller's Agent
Nicholas Petrosian
Remax Commercial and Investment Realty
Buyer's Agent
Gary Richardson
List Price
$950,000
Sold Price
$820,000
Premium/Discount to List
-$130,000
-13.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.29%
Original Mortgage
$778,998
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 3, 2018
Sold by
Delfosse Margaret M
Bought by
Agent Cooper Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,750
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2005
Sold by
Delfosse Leonard E and Delfosse Margaret M
Bought by
Delfosse Leonard E
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Eliodoro Villarreal Miramontes And Ramona Lar -- None Listed On Document
Villarreal Eliodoro $820,000 Chicago Title Company
Agent Cooper Llc $415,000 Chicago Title Company
Delfosse Leonard E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Villarreal Eliodoro $785,100
Previous Owner Villarreal Eliodoro $778,998
Previous Owner Agent Cooper Llc $269,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2020 06/11/20 Sold $820,000 0.0% $362 / Sq Ft
06/11/2020 06/11/20 Sold $820,000 -0.6% $362 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
04/28/2020 04/28/20 Price Changed $825,000 -13.2% $364 / Sq Ft
04/20/2020 04/20/20 For Sale $950,000 +15.9% $419 / Sq Ft
04/20/2020 04/20/20 Off Market $820,000 -- --
03/06/2020 03/06/20 For Sale $950,000 +128.9% $419 / Sq Ft
09/13/2018 09/13/18 Sold $415,000 0.0% $303 / Sq Ft
06/18/2018 06/18/18 Pending -- -- --
06/18/2018 06/18/18 For Sale $415,000 -- $303 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $11,312 $896,784 $538,071 $358,713
2024 $11,312 $879,201 $527,521 $351,680
2023 $10,917 $861,963 $517,178 $344,785
2022 $10,728 $845,063 $507,038 $338,025
2021 $10,579 $828,495 $497,097 $331,398
2020 $6,337 $479,808 $295,800 $184,008
2019 $655 $415,000 $290,000 $125,000
2018 $1,343 $72,436 $33,109 $39,327
2016 $1,272 $69,624 $31,824 $37,800
2015 $1,259 $68,579 $31,346 $37,233
2014 $1,200 $67,236 $30,732 $36,504
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Petrosian

    Seller's Agent in 2020

    Nicholas Petrosian

    RE/MAX

    (949) 607-7096

    2 in this area

    48 Total Sales

    Nicholas Petrosian
    Section Image

  • G

    Buyer's Agent in 2020

    Gary Richardson

  • M

    Buyer's Agent in 2020

    Maria Fernandez

  • Lorri Quiett

    Seller's Agent in 2018

    Lorri Quiett

    Vylla Home, Inc.

    (562) 682-3130

    136 Total Sales

    Lorri Quiett
    Section Image
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Map

Source: The MLS

MLS Number: 20-572270

The MLS

APN: 8054-019-024

California Los Angeles County Norwalk 90650

11827 Orange St, Norwalk, CA

This home is located at 11827 Orange St, Norwalk, CA 90650 since 20 April 2020 and is currently estimated at $928,435, approximately $409 per square foot. This property was built in 1938. 11827 Orange St is a home located in Los Angeles County with nearby schools including Cesar Chavez Elementary School, Nettie L. Waite Middle School, and Norwalk High School.

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