NOT LISTED FOR SALE
9 Beds
8 Baths
5,246 Sq Ft
8,712 Sq Ft Lot

Last Sold February 08, 2018

Last sale price $1,485,000 $283 Per Sq Ft

5 Days on Market

Highlights

  • Corner Lot
  • Private Yard
  • Double Pane Windows
  • Fullerton Union High School Rated A-
  • No HOA
  • Laundry Room

About This Home

As of February 2018

Villa Santiago tract, on Brea Blvd and Bastanchury Rd. This 5,000 sq ft fourplex is located in a highly desirable area across from the Coyote Hills Golf Course, close to Cal State Fullerton, Brea Mall, with easy access to the 57 Fwy. Great unit mix -- one 3BR/2Ba with a fireplace and two patios, and three 2BR/2Bas. Each spacious unit has central heating, dishwasher and a 2-car tandem garage. In addition to the 8 garages, there are 3 open spaces. Laundry facility on site. Individually metered for both gas and electricity. Newer roof and exterior painting. Dual pane windows throughout.

Last Agent to Sell the Property

Bill Webster

SVN / Vanguard License #00885653 Listed on: 11/01/2017

SVN / Vanguard

Last Buyer's Agent

Ron Holborn

Re/Max Of N O C License #00606735

Re/Max Of N O C

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 8,712 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Corner Lot
  • Private Yard

Parking

  • 3 Open Parking Spaces
  • 8 Car Garage

Home Design

  • Property Attached
  • Flat Roof Shape
  • Composition Roof

Interior Spaces

  • 5,246 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Location

  • Suburban Location

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 5
  • Tax Tract Number 6140
  • Assessor Parcel Number 28404130

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Net Operating Income $60,525

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Parking

8

Listing Details

  • CapRate: 4.04
  • Property Attached: Yes
  • Subdivision Name Other: VILLA SANTIAGO
  • Property Type: Residential Income
  • Parcel Number: 28404130
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 283.07
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No
  • Roof: Composition, Flat

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 11.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Landscaped, Yard
  • Lot Size Sq Ft: 8712.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 80700.00
  • Laundry Income: 600.00
  • Net Operating Income: 60525.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Range: 4
  • Operating Expense Percent: 23.00
  • Rent Control: No
  • Total Actual Rent: 6675.00
  • Vacancy Allowance Rate: 2.00

Tax Info

  • Tax Census Tract: 15.05
  • Tax Lot: 5
  • Tax Tract Number: 6140

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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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
02/08/2018 02/08/18 Sold $1,485,000 -1.0% $283 / Sq Ft
11/06/2017 11/06/17 Pending -- -- --
11/01/2017 11/01/17 For Sale $1,499,900 -- $286 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17248974

California Regional Multiple Listing Service (CRMLS)

APN: 284-041-30