NOT LISTED FOR SALE
6 Beds
4 Baths
2,889 Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: November 28, 2022

Last sale price $1,180,000 $408 Per Sq Ft

14 Days on Market

About This Home

As of November 2022

SUPER CLEAN GARDEN GROVE TRIPLEX! BRAND NEW 40K ROOF, NEW EXTERIOR PAINT, NEW LANDSCAPE, NEW DECK, NEW GARAGE DOORS, AND MORE. APT A IS A LARGE SINGLE STORY 2BR+1BA, NEW KITCHEN CABINETS, NEW APPLIANCES, NEW PAINT, NEW CARPET, A LARGE PRIVATE PATIO, AND 1 CAR GARAGE RENTED FOR $2,395. ATP B IS A LARGE SINGLE-STORY 2BR+1BA, WITH NEW FLOORS, NEW APPLIANCES, NEW BATHTUB AND SHOWER WALL, NEW PAINT, AND 1 CAR GARAGE, WHICH CAN BE DELIVERED VACANT IF NEEDED. APT C IS A LARGE 2BR+1.5BA TOWNHOME-STYLE UNIT WITH A LARGE PRIVATE PATIO AND DECK. GREAT LOCATION, A BEAUTIFUL SINGLE-FAMILY RESIDENTIAL NEIGHBORHOOD LOCATED BEHIND THE SUBJECT PROPERTY AND ACROSS THE STREET FROM BEAUTIFUL HASTER PARK.

Last Agent to Sell the Property

Randall Mycorn

R L M Equities License #02078223 Listed on: 10/17/2022

Last Buyer's Agent

Lin Yann

Coldwell Banker Envision License #01267947

Coldwell Banker Envision
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 6,098 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 2,889 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 3488
  • Assessor Parcel Number 23110103
  • $810 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $256
  • Fuel Expense $642
  • Insurance Expense $1,155
  • Maintenance Expense $1,500
  • Trash Expense $422
  • Water Sewer Expense $2,050
  • New Taxes Expense $14,500
  • Operating Expense $21,459
  • Gross Income $70,560
  • Net Operating Income $49,101

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

6,098 Sq Ft Lot

Parking

3

Listing Details

  • CapRate: 4.12
  • Property Attached: Yes
  • Water Sewer Expenses: 2050.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 23110103
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 408.45

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 422.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Electric Expense: 256.00
  • Fuel Expense: 642.00
  • Gross Multiplier: 16.00
  • Gross Operating Income: 70560.00
  • Gross Scheduled Income: 72000.00
  • Insurance Expense: 1155.00
  • Lot Size Area: 6098.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 49101.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 21459.00
  • Rent Control: Yes
  • Total Expenses: 21459.00
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 14500.00
  • Tax Census Tract: 761.03
  • Tax Lot: 3
  • Tax Tract Number: 3488
  • TaxOtherAnnualAssessmentAmount: 810.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2022
Closed on
Nov 7, 2022
Sold by
Bought by
Seller's Agent
Randall Mycorn
R L M Equities
Buyer's Agent
Lin Yann
Coldwell Banker Envision
List Price
$1,199,000
Sold Price
$1,180,000
Premium/Discount to List
-$19,000
-1.58%
Views
96

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 18, 2022
Closed on
May 3, 2022
Sold by
Bought by
Seller's Agent
Janeth Bernal
College Park Realty
Buyer's Agent
Janeth Bernal
College Park Realty
List Price
$888,888
Sold Price
$950,000
Premium/Discount to List
$61,112
6.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.41%

Purchase Details

Closed on
Apr 11, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 1997
Sold by
Bought by

Purchase Details

Closed on
Mar 6, 1997
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,090,000 Orange Coast Title
$950,000 Orange Coast Title
-- Fidelity National Title
$193,500 Fidelity National Title Co
$226,980 American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $580,000
Closed $630,000
Previous Owner $264,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/28/2022 11/28/22 Sold $1,180,000 -1.6% $408 / Sq Ft
10/17/2022 10/17/22 For Sale $1,199,000 +26.2% $415 / Sq Ft
05/16/2022 05/16/22 Sold $950,000 +6.9% $329 / Sq Ft View Prior Sale
04/28/2022 04/28/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $888,888 -6.4% $308 / Sq Ft
04/27/2022 04/27/22 Off Market $950,000 -- --
04/18/2022 04/18/22 For Sale $888,888 -- $308 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $13,815 $1,156,716 $1,035,742 $120,974
2025 $13,514 $1,134,036 $1,015,434 $118,602
2024 $13,514 $1,111,800 $995,523 $116,277
2023 $13,219 $1,090,000 $976,002 $113,998
2022 $4,495 $323,493 $187,892 $135,601
2021 $4,383 $317,150 $184,207 $132,943
2020 $4,342 $313,899 $182,319 $131,580
2019 $4,293 $307,745 $178,745 $129,000
2018 $4,230 $301,711 $175,240 $126,471
2017 $4,078 $295,796 $171,804 $123,992
2016 $3,976 $289,997 $168,436 $121,561
2015 $3,919 $285,641 $165,905 $119,736
2014 $3,838 $280,046 $162,655 $117,391
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22223812

California Regional Multiple Listing Service (CRMLS)

APN: 231-101-03

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