Seller's Agent in 2020
Tyler Leeson
Marcus & Millichap RE Invest
(949) 419-3200
3 in this area
165 Total Sales
1230 E Borchard Ave Santa Ana, CA 92707
Southeast Industrial District Neighborhood
4
Beds
4
Baths
12,108
Sq Ft
815,922,368
Sq Ft Lot
Highlights
- 0.43 Acre Lot
- Laundry Room
- 5-minute walk to Madison Park
- Lawn
About This Home
As of April 20201226 & 1230 East Borchard Avenue is a 20-unit multifamily investment property located in Santa Ana, California. Built in 1961, 1226 & 1230 East Borchard Avenue consists exclusively of one-bedroom units and includes amenities such as gated access, on-site laundry, security doors, and open parking. Current ownership recently renovated the exterior, with a new roof and new windows in 2019, and new paint in 2020. The property is located in close proximity to the Interstate 5 and State Route 55 interchange providing residents with easy access to employment hubs in all directions.
Last Agent to Sell the Property
Marcus & Millichap RE Invest License #01451551 Listed on: 02/28/2020
Property Details
Home Type
- Apartment
Year Built
- Built in 1961
Lot Details
- 18,731 Sq Ft Lot
- No Common Walls
- Lawn
- 01425119
Interior Spaces
- 12,108 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Parking
- 20 Open Parking Spaces
- 20 Parking Spaces
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Tax Lot 20
- Tax Tract Number 3533
- Assessor Parcel Number 01425120
Community Details
Overview
- 2 Buildings
- 20 Units
Amenities
- Laundry Facilities
Building Details
- 20 Leased Units
- Rent Control
- 20 Separate Electric Meters
- 20 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $5,355
- Fuel Expense $5,355
- Insurance Expense $6,000
- Maintenance Expense $10,000
- Other Expense $16,000
- Professional Management Expense $10,828
- Trash Expense $5,355
- Water Sewer Expense $5,355
- New Taxes Expense $51,115
- Operating Expense $115,363
- Gross Income $278,960
- Net Operating Income $155,333
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/09/2020 04/09/20 | Sold | $3,150,000 | -23.2% | $260 / Sq Ft |
| 03/18/2020 03/18/20 | Pending | -- | -- | -- |
| 02/28/2020 02/28/20 | For Sale | $4,100,000 | -- | $339 / 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 | $21,450 | $1,722,491 | $1,525,637 | $196,854 |
| 2024 | $21,450 | $1,688,717 | $1,495,722 | $192,995 |
| 2023 | $20,909 | $1,655,605 | $1,466,394 | $189,211 |
| 2022 | $20,669 | $1,623,143 | $1,437,642 | $185,501 |
| 2021 | $20,198 | $1,591,317 | $1,409,453 | $181,864 |
| 2020 | $4,273 | $163,323 | $43,723 | $119,600 |
| 2019 | $4,234 | $160,121 | $42,866 | $117,255 |
| 2018 | $4,132 | $156,982 | $42,026 | $114,956 |
| 2017 | $4,087 | $153,904 | $41,202 | $112,702 |
| 2016 | $4,024 | $150,887 | $40,394 | $110,493 |
| 2015 | $3,964 | $148,621 | $39,787 | $108,834 |
| 2014 | $3,889 | $145,710 | $39,007 | $106,703 |
Source: Public Records
Agents Affiliated with this Home
-
Tyler Leeson
-
Greg Bassirpou
Buyer's Agent in 2020
Greg Bassirpou
Marcus & Millichap RE Invest
(949) 419-3269
3 in this area
28 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC20043037
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.
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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