NOT LISTED FOR SALE

121 S Flower Ave Brea, CA 92821

6 Beds
9 Baths
3,912 Sq Ft
6,970 Sq Ft

Last Sold July 14, 2020

Last sale price $1,350,000 $345 Per Sq Ft

43 Days on Market

Highlights

  • No Units Above
  • Two Primary Bedrooms
  • Walk-In Closet
  • Brea Junior High School Rated A
  • Double Pane Windows
  • 2-minute walk to Lagos De Moreno Park

About This Home

As of July 2020

Great triplex opportunity for investment--or for the owner to occupy one unit and rent out the other two! Charming neighborhood comprised of single family residences, 2-4 unit properties and condos. Walking distance to quaint Downtown Brea shops, pubs, restaurants and a neighborhood movie theatre. Enjoy the outdoors at The Tracks at Brea Trail, a 50-acre linear park with separate biking and pedestrian paths that traverse the city across a 4 mile span. Enjoy retail therapy at the popular Brea Mall, boasting 4 major department stores, 180 specialty shops and a food court. 1 mile to the 57 Fwy and connectivity to other transportation routes. Each unit is approx. 1304 sq ft with 2 master suites (both up), 2.5 baths and a 2 car garage. Newer luxury vinyl flooring on the main level. 2 of the units have either a patio area or balcony. Unit B has interior laundry and A & C have laundry in the garage (direct access from unit).Owner-occupied unit would like to continue to occupy for 6 mos from COE; other two units are currently rented to stable tenants.

Last Agent to Sell the Property

Julia Boynton

Seven Gables Real Estate License #00927591 Listed on: 04/20/2020

Seven Gables Real Estate

Last Buyer's Agent

Julia Boynton

Seven Gables Real Estate License #00927591 Listed on: 04/20/2020

Seven Gables Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1999

Lot Details

  • 6,970 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Wrought Iron Fence
  • Block Wall Fence

Parking

  • 6 Car Garage

Home Design

  • Triplex
  • Concrete Roof

Interior Spaces

  • 3,912 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Living Room

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Upper Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 9 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 6 / 11
  • Tax Tract Number 142
  • Assessor Parcel Number 31928305

Community Details

Overview

  • 3 Units

Recreation

  • Park
  • Bike Trail

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $120
  • Gardener Expense $960
  • Insurance Expense $1,777
  • Other Expense $75
  • Trash Expense $420
  • Water Sewer Expense $420
  • New Taxes Expense $6,156
  • Operating Expense $9,988
  • Net Operating Income $49,412

Property Details

Home Type

Multi-Family

Year Built

Built in 1999

Lot Details

6,970 Sq Ft Lot

Parking

6

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: unknown
  • Water Sewer Expenses: 420.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 31928305
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 345.09
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Two Masters, Walk-In Closet
  • Window Features: Double Pane Windows

Exterior Features

  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Roof: Concrete
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave
  • Heating Type: Central
  • Laundry Features: In Garage, Inside
  • Sewer: Public Sewer
  • Trash Expense: 420.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 1304 Square Feet
  • Electric Expense: 120.00
  • Gross Scheduled Income: 59400.00
  • Insurance Expense: 1777.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 49412.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Patio: 1
  • Number With Range: 3
  • Operating Expense: 9988.00
  • Other Expense: 75.00
  • Other Expense Description: b/f test
  • Rent Control: No
  • Total Actual Rent: 4200.00
  • Total Expenses: 9988.00

Tax Info

  • New Taxes Expense: 6156.00
  • Tax Block: 11
  • Tax Census Tract: 15.04
  • Tax Lot: 6
  • Tax Tract Number: 142
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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 List to Sale Price per Sq Ft
07/14/2020 07/14/20 Sold $1,350,000 -9.3% $345 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
04/20/2020 04/20/20 For Sale $1,488,000 -- $380 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $16,507 $1,461,282 $1,147,377 $313,905
2024 $16,507 $1,432,630 $1,124,880 $307,750
2023 $16,054 $1,404,540 $1,102,824 $301,716
2022 $15,907 $1,377,000 $1,081,200 $295,800
2021 $15,609 $1,350,000 $1,060,000 $290,000
2020 $6,314 $504,578 $174,885 $329,693
2019 $6,156 $494,685 $171,456 $323,229
2018 $6,065 $484,986 $168,094 $316,892
2017 $5,954 $475,477 $164,798 $310,679
2016 $5,840 $466,154 $161,566 $304,588
2015 $5,758 $459,152 $159,139 $300,013
2014 $5,596 $450,158 $156,021 $294,137
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20075211

California Regional Multiple Listing Service (CRMLS)

APN: 319-283-05

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