$1,200,000
UNDER CONTRACT $150K PRICE INCREASE

1404 E Sail Ave Orange, CA 92865

Estimated payment $6,901/month

Total Views 7,321
5 Beds
5 Baths
2,542 Sq Ft
$472 Price per Sq Ft

Highlights

  • Contemporary Architecture
  • No HOA
  • Laundry Room
  • Villa Park High School Rated A
  • Living Room
  • No Interior Steps

About This Home

Don't miss this opportunity to own the leasing rights thru 2063 on this sizeable single-story triplex with 2,542 square feet of living space. Desirable units that are all occupied. There are two separate units, each with two bedrooms and two bathrooms. Also, a one bedroom one bath unit. All units have a one-car garage with some extra parking spaces. Nice-sized living rooms. Large bedrooms and baths. There is a master bedroom in each two-bedroom unit. The kitchens are nicely sized with dining rooms. There are washer/ dryer hookups inside each unit. Central air/heat. These units have private patios to enjoy. Well-maintained and low-maintenance units. Tenants pay all utilities. Centrally located to freeways, parks, schools, and shopping. Lots of restaurants close by. There are three separate triplexes for sale on the same block.

Listing Agent

Ruth Shan

A TEAM REALTY Brokerage Phone: 714-865-7008 License #01896201 Listed on: 02/03/2025

Co-Listing Agent

Russ Chapman

C-21 Classic Estates Brokerage Phone: 714-865-7008 License #01399173

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,479

Year Built

  • Built in 1979

Lot Details

  • 8,712 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Fence is in average condition
  • Landscaped
  • Sprinkler System
  • Front Yard
  • Land Lease of $193 per month expires 12/11/63

Parking

  • 3 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • Triplex
  • Contemporary Architecture
  • Entry on the 1st floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,542 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Living Room
  • Laundry Room

Kitchen

  • Gas Oven
  • Built-In Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • No Interior Steps
  • Low Pile Carpeting

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 10444
  • Assessor Parcel Number 37454120
  • $759 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $240
  • Gardener Expense $3,000
  • Insurance Expense $4,656
  • Other Expense $2,311
  • Professional Management Expense $4,814
  • Water Sewer Expense $360
  • New Taxes Expense $12,758
  • Operating Expense $28,139
  • Net Operating Income $51,601

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,479

Year Built

Built in 1979

Lot Details

8,712 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 4814.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 360.00
  • Architectural Style: Contemporary
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 3000.00
  • Parcel Number: 37454120
  • Year Built: 1979
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: UnderContract

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Carpet
  • Accessibility Features: No Interior Steps, Low Pile Carpeting
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 472.07
  • Room Type: Primary Bedroom, Laundry, All Bedrooms Down, Main Floor Primary Bedroom, Kitchen, Living Room, Primary Bathroom
  • Window Features: Blinds

Exterior Features

  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Unassigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Cable Available, Electricity Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater, Built-In Range, Gas Oven, Dishwasher
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Inside, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Land Lease Amount: 192.58
  • Land Lease Amount Frequency: Monthly
  • Land Lease Expiration Date: 2063-12-11
  • Lot Features: Lot 6500-9999, Landscaped, Front Yard, Sprinkler System
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000
  • Latitude Manual: 33.83397000

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 240.00
  • Gross Scheduled Income: 79740.00
  • Insurance Expense: 4656.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 51601.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Operating Expense: 28139.00
  • Other Expense: 2311.00
  • Other Expense Description: Lease Ld
  • Rent Control: No
  • Total Actual Rent: 5731.00
  • Total Expenses: 28139.00

Tax Info

  • New Taxes Expense: 12758.00
  • Tax Area: 08001
  • Tax Census Tract: 762.02
  • Tax Lot: 20
  • Tax Tract Number: 10444
  • Tax Annual Amount: 5479.00
  • TaxOtherAnnualAssessmentAmount: 759.00

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $5,478 $450,368 $224,830 $225,538
2024 $5,478 $441,538 $220,422 $221,116
2023 $5,351 $432,881 $216,100 $216,781
2022 $5,242 $424,394 $211,863 $212,531
2021 $5,104 $416,073 $207,709 $208,364
2020 $5,056 $411,807 $205,579 $206,228
2019 $4,998 $403,733 $201,548 $202,185
2018 $4,924 $395,817 $197,596 $198,221
2017 $4,733 $388,056 $193,721 $194,335
2016 $4,646 $380,448 $189,923 $190,525
2015 $4,578 $374,734 $187,070 $187,664
2014 $4,481 $367,394 $183,406 $183,988
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
06/09/2026 06/09/26 Price Changed $1,200,000 +14.3% $472 / Sq Ft
06/09/2026 06/09/26 For Sale $1,050,000 0.0% $413 / Sq Ft
02/15/2025 02/15/25 Off Market $1,050,000 -- --
02/03/2025 02/03/25 For Sale $1,050,000 -- $413 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV25022428

California Regional Multiple Listing Service (CRMLS)

APN: 374-541-20

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