Seller's Agent in 2016
Mark Bridge
Mark Bridge, Broker
(949) 419-3200
1 in this area
54 Total Sales
131 W Hoover Ave Orange, CA 92867
16
Beds
8
Baths
6,575
Sq Ft
0.48
Acres
Highlights
- 20,909 Sq Ft lot
- 8 Car Garage
- 1-Story Property
- No HOA
About This Home
As of August 2016Please review this upgraded, and owner maintained three building complex on almost 1/2 an Acre. The family has owned over 30 years. The complex is 100% single story construction made up of three buildings, eight garages, and eight open spots. The buildings have pitched roofs, washer and dryer hookups, and separate gas and electric meters. There is no owner gas or electric bill. Each unit has its own water heater and security screen door. 5 out of 8 of the units have had an extensive owner upgrade (Please refer to agent for pictures and list of items). Also, in 2007 all three buildings received new roofing. The front building has a gated front yard, and units have private yards. The property has well manacured landscaping and provides comely curb appeal.
This property is located in the City of Orange, just off of Katella Avenue and N Glassell Street. Less than two miles from the Honda Center and Angel Stadium and five miles from Disneyland, this property provides a central location to major retail, entertainment, and employment opportunities for tenants. The property is also minutes away from the 55 and 57 freeways for ease of transportation.
Last Agent to Sell the Property
Mark Bridge, Broker License #01316702 Listed on: 06/07/2016
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Lot Details
- 0.48 Acre Lot
- 1 Common Wall
- Density is 6-10 Units/Acre
Parking
- 8 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 6,575 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 16 Bedrooms
- 8 Bathrooms
Outdoor Features
- Exterior Lighting
- Rain Gutters
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 375 / 271
- Tax Tract Number 2
- Assessor Parcel Number 37527102
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 8 Units
Building Details
- 8 Leased Units
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,440
- Insurance Expense $2,860
- Maintenance Expense $6,000
- Other Expense $3,000
- Professional Management Expense $6,644
- Trash Expense $900
- Water Sewer Expense $1,602
- New Taxes Expense $22,445
- Gross Income $11,415
- Net Operating Income $87,785
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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 |
|---|---|---|---|---|
| 08/29/2016 08/29/16 | Sold | $1,925,000 | 0.0% | $293 / Sq Ft |
| 06/17/2016 06/17/16 | Pending | -- | -- | -- |
| 06/07/2016 06/07/16 | For Sale | $1,925,000 | -- | $293 / 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 | $25,291 | $2,234,125 | $1,624,820 | $609,305 |
| 2024 | $25,291 | $2,190,319 | $1,592,961 | $597,358 |
| 2023 | $24,722 | $2,147,372 | $1,561,726 | $585,646 |
| 2022 | $24,235 | $2,105,267 | $1,531,104 | $574,163 |
| 2021 | $23,571 | $2,063,988 | $1,501,083 | $562,905 |
| 2020 | $23,352 | $2,042,825 | $1,485,691 | $557,134 |
| 2019 | $23,068 | $2,002,770 | $1,456,560 | $546,210 |
| 2018 | $22,719 | $1,963,500 | $1,428,000 | $535,500 |
| 2017 | $21,796 | $1,925,000 | $1,400,000 | $525,000 |
| 2016 | $4,335 | $237,926 | $79,590 | $158,336 |
| 2015 | $4,269 | $234,353 | $78,395 | $155,958 |
| 2014 | $4,179 | $229,763 | $76,860 | $152,903 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Bridge
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC16125168
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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