NOT LISTED FOR SALE

12230 Arrowhead St Stanton, CA 90680

9 Beds
5 Baths
4,536 Sq Ft
7,841 Sq Ft Lot

Sale Details

Date Sold: February 22, 2019

Last sale price $1,249,000 $275 Per Sq Ft

12 Days on Market

Highlights

  • Lawn
  • Laundry Room
  • 5-minute walk to Premier Park
  • Alamitos Intermediate School Rated A-
  • Paved or Partially Paved Lot

About This Home

As of February 2019

Same owner for over 30 years! A must have to anyones rental portfolio. 4 unit "covington bros" style. Super large units . Owners type front unit.
Yes rents are way way below current market rents so there is outstanding upside potential in a relatively short period of time as tenants are month to month basis . Hurry as this one will not last long

Last Agent to Sell the Property

Dave Troutt

Seven Gables Real Estate License #01749025 Listed on: 01/13/2019

Last Buyer's Agent

Hung Hoang

New Empire Realty License #01198103

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 7,841 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot
  • Level Lot
  • Lawn
  • Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 5 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 4,536 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, telephone
  • Tax Lot 6
  • Tax Tract Number 7339
  • Assessor Parcel Number 13146124

Community Details

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $601
  • Fuel Expense $637
  • Gardener Expense $977
  • Insurance Expense $1,500
  • Pest Control $150
  • Supplies Expense $52
  • Trash Expense $2,093
  • Water Sewer Expense $2,992
  • New Taxes Expense $14,988
  • Operating Expense $23,988
  • Gross Income $72,000
  • Net Operating Income $48,012

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

7,841 Sq Ft Lot

Parking

5

Listing Details

  • CapRate: 3.84
  • Property Attached: Yes
  • Supplies Expense: 52.00
  • Water Sewer Expenses: 2991.60
  • Property Type: Residential Income
  • Gardener Expense: 976.91
  • Parcel Number: 13146124
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 275.35

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Pest Control Expense: 150.00
  • Sewer: Sewer Paid
  • Trash Expense: 2092.50
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard, Lawn, Level, Paved
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Cable TV, Electricity, Telephone

Multi Family

  • Electric Expense: 600.74
  • Fuel Expense: 636.88
  • Gross Income: 72000.00
  • Gross Multiplier: 17.35
  • Gross Scheduled Income: 72000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 48012.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 23988.00
  • Rent Control: No
  • Total Expenses: 23988.00

Tax Info

  • New Taxes Expense: 14988.00
  • Tax Census Tract: 881.04
  • Tax Lot: 6
  • Tax Tract Number: 7339
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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
02/22/2019 02/22/19 Sold $1,249,000 0.0% $275 / Sq Ft
01/25/2019 01/25/19 Pending -- -- --
01/13/2019 01/13/19 For Sale $1,249,000 -- $275 / 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 $16,399 $1,393,281 $1,188,266 $205,015
2024 $16,399 $1,365,962 $1,164,966 $200,996
2023 $16,102 $1,339,179 $1,142,124 $197,055
2022 $15,764 $1,312,921 $1,119,729 $193,192
2021 $15,610 $1,287,178 $1,097,774 $189,404
2020 $15,395 $1,273,980 $1,086,518 $187,462
2019 $6,604 $479,550 $234,027 $245,523
2018 $6,476 $470,148 $229,439 $240,709
2017 $6,386 $460,930 $224,940 $235,990
2016 $6,139 $451,893 $220,530 $231,363
2015 $6,057 $445,106 $217,218 $227,888
2014 $5,923 $436,387 $212,963 $223,424
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19014186

California Regional Multiple Listing Service (CRMLS)

APN: 131-461-24

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