NOT LISTED FOR SALE

1307 W Palmyra Ave Orange, CA 92868

9 Beds
5 Baths
2,600 Sq Ft
5,227 Sq Ft Lot

Last Sold June 04, 2020

Last sale price $1,130,000 $435 Per Sq Ft

413 Days on Market

About This Home

As of June 2020

This property features 4 units that consist of 2 buildings. Downstairs features a 3BR/2BA unit and upstairs has two (2) 2BR/1BA units each with their own garage. The rear building is a single family home with 2BR/1BA with a 1-car garage. This 4-plex is conveniently located near Shopping Centers, St. Joseph Hospital and downtown Orange Circle.

Last Agent to Sell the Property

Paul Kott

Kott & Company, Inc. License #00637576 Listed on: 11/29/2018

Last Buyer's Agent

Jeremy Wayland

Lionheart Pride License #01388205

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 5,227 Sq Ft Lot
  • Two or More Common Walls
  • No Landscaping
  • Paved or Partially Paved Lot

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • 2,600 Sq Ft Home
  • Property Attached
  • Composition Roof

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 8
  • Tax Tract Number 346
  • Assessor Parcel Number 04105208

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Maintenance Expense $1,000
  • New Taxes Expense $12,000
  • Operating Expense $15,000
  • Gross Income $93,000
  • Net Operating Income $78,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 04105208
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 434.62

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping, Paved
  • Lot Size Sq Ft: 5227.00
  • Lot Size Acres: 0.1200

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 93000.00
  • Gross Scheduled Income: 93000.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 5227.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 78000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 15000.00
  • Rent Control: No
  • Total Actual Rent: 7750.00
  • Total Expenses: 15000.00

Tax Info

  • New Taxes Expense: 12000.00
  • Tax Census Tract: 760.00
  • Tax Lot: 8
  • Tax Tract Number: 346

Range of Values:

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List Price
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 Prior Sale
06/04/2020 06/04/20 Sold $1,130,000 -8.8% $435 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
02/11/2019 02/11/19 Price Changed $1,239,000 -6.5% $477 / Sq Ft
11/29/2018 11/29/18 For Sale $1,325,000 +59.6% $510 / Sq Ft
03/31/2016 03/31/16 Sold $830,000 -10.3% $319 / Sq Ft View Prior Sale
12/04/2015 12/04/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $925,000 -- $356 / 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: PW18282005

California Regional Multiple Listing Service (CRMLS)

APN: 041-052-08