NOT LISTED FOR SALE

1403 E Sail Ave Orange, CA 92865

3 Beds
3 Baths
2,472 Sq Ft
7,405 Sq Ft Lot

Last Sold January 19, 2024

Last sale price $1,050,000 $425 Per Sq Ft

98 Days on Market

Highlights

  • No Units Above
  • Contemporary Architecture
  • Corner Lot
  • Villa Park High School Rated A
  • Property is near a park
  • Granite Countertops

About This Home

As of January 2024

Upgraded Single Story Pride of Ownership Triplex that is close to Park, Shopping, Mall Schools, Restaurants and Freeways- All units have a private enclosed garage, indoor laundry and patio- DRIVE BY ONLY- PLEASE DO NOT WALK THE GROUNDS OR DISTRUB TENANTS- Each unit has been upgraded which includes Granite Counter Tops in Kitchen and bathroom- Replaced Cabinets and vanities- Recessed lighting- Dual pane window- Carpeting in bedrooms with vinyl wood plank flooring in the other rooms- Artificial Turf in front yards- Roll up Garage Doors with openers- Block wall enclosed patios-All units are individually metered for water, gas, electric and cable- With each tenant paying their own utilities lowers operating cost- Excellent rental area with strong upside potential

Last Agent to Sell the Property

Fred Hinojos

Seven Gables Real Estate License #00463041 Listed on: 09/12/2023

Seven Gables Real Estate

Co-Listed By

Starr Hinojos

Seven Gables Real Estate License #01728415

Last Buyer's Agent

Ashton Gardner

Reason Real Estate License #02119954

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • 7,405 Sq Ft Lot
  • No Units Above
  • End Unit
  • 1 Common Wall
  • West Facing Home
  • Block Wall Fence
  • Fence is in excellent condition
  • Landscaped
  • Corner Lot
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Front Yard
  • Land Lease of $193 per month

Parking

  • 3 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Driveway
  • Assigned Parking

Home Design

  • Triplex
  • Contemporary Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Interior Block Wall
  • Frame Construction
  • Composition Roof
  • Pre-Cast Concrete Construction
  • Hardboard
  • Asphalt
  • Plaster
  • Stucco

Interior Spaces

  • 2,472 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Recessed Lighting
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Blinds
  • Window Screens
  • Living Room

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Halls are 36 inches wide or more

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Underground Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 1
  • Tax Tract Number 10444
  • Assessor Parcel Number 37454101
  • $758 per year additional tax assessments

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $384
  • Gardener Expense $1,800
  • Other Expense $2,316
  • Trash Expense $447
  • Water Sewer Expense $480
  • Operating Expense $5,507
  • Gross Income $66,000
  • Net Operating Income $62,949

Property Details

Home Type

Multi-Family

Year Built

Built in 1979 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Security Lights
  • View: No
  • Water Sewer Expenses: 480.00
  • Architectural Style: Contemporary
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 37454101
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Block Walls, Built-in Features, Granite Counters, Recessed Lighting
  • Stories: 1
  • Common Walls: 1 Common Wall, End Unit, No One Above
  • Flooring: Carpet, Laminate, Vinyl
  • Accessibility Features: 36 Inch Or More Wide Halls
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 424.76
  • Room Type: All Bedrooms Down, Laundry, Living Room, Main Floor Primary Bedroom, Primary Bathroom
  • Window Features: Blinds, Double Pane Windows, ENERGY STAR Qualified Windows, Screens

Exterior Features

  • Direction Faces: West
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block, Excellent Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Asphalt, Block, Concrete, Drywall Walls, Frame, Glass, Hardboard, Plaster, Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Asphalt, Garage, Garage Faces Rear, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Range Hood, Vented Exhaust Fan
  • Electric: Standard
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside
  • Sewer: Public Sewer
  • Trash Expense: 447.00
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Park, Sidewalks, Storm Drains, Street Lights

Green Features

  • Efficiency: Windows

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Land Lease Amount: 193.00
  • Land Lease Amount Frequency: Monthly
  • Lot Features: Corner Lot, Front Yard, Landscaped, Lot 6500-9999, Near Public Transit, Park Nearby, Paved, Sprinkler System
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average1 Bed Area: 672 Square Feet
  • Average2 Bed Area: 900 Square Feet
  • Electric Expense: 384.00
  • Gross Income: 66000.00
  • Gross Scheduled Income: 66000.00
  • Lease Term: Month To Month
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 62949.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Drapes: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Operating Expense: 3051.00
  • Other Expense: 2316.00
  • Other Expense Description: Land lse
  • Rent Control: No
  • Total Expenses: 5507.00

Tax Info

  • Tax Census Tract: 762.02
  • Tax Lot: 1
  • Tax Tract Number: 10444
  • TaxOtherAnnualAssessmentAmount: 758.00

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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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
01/19/2024 01/19/24 Sold $1,050,000 0.0% $425 / Sq Ft
12/19/2023 12/19/23 Pending -- -- --
12/01/2023 12/01/23 Price Changed $1,050,000 -12.4% $425 / Sq Ft
09/12/2023 09/12/23 For Sale $1,199,000 -- $485 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Fred Hinojos

    Seller's Agent in 2024

    Fred Hinojos

    Seven Gables Real Estate

    (714) 310-2888

    3 in this area

    13 Total Sales

    Fred Hinojos
    Section Image

  • S

    Seller Co-Listing Agent in 2024

    Starr Hinojos

    Seven Gables Real Estate

    (714) 974-7000

    3 in this area

    10 Total Sales

    Starr Hinojos
    Section Image

  • A

    Buyer's Agent in 2024

    Ashton Gardner

    Reason Real Estate

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23170317

California Regional Multiple Listing Service (CRMLS)

APN: 374-541-01

California Orange County Orange 92865

1403 E Sail Ave, Orange, CA

Not Listed for Sale

MultiFamily

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