NOT LISTED FOR SALE

146 S Los Timbres St Unit 2 Orange, CA 92869

5 Beds
4 Baths
2,135 Sq Ft
8,276 Sq Ft Lot

Last Sold November 06, 2020

Last sale price $995,000 $466 Per Sq Ft

11 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Park
  • El Modena High School Rated A-
  • Hiking Trails
  • Laundry Room

About This Home

As of November 2020

BACK ON THE MARKET, BUYERS COULD NOT PERFORM--UPGRADED EAST ORANGE SINGLE DUPLEX INVESTMENT OPPORTUNITY AVAILABLE. Own a premier one story duplex in East Orange. A rare find. Both units are very clean and completely remodeled except unit #2- 2/2 kitchen. Light/bright kitchen thou. Present high income with pro-forma income is even better. Unit #2 is below market. New exterior paint and awnings. New AC in unit #1, 2018. New dual paned windows in both units, 2020. Two-2 car garages. Termite was done 12/19. Rare find with solid long term income.

Unit #1-Large sized living room with a fireplace and views of Crawford Canyon Hills. Large kitchen with brand new appliances. All bedrooms have ceiling fans. New dual paned windows throughout. Large private fenced patio

Unit #2-Large living room w new vinyl plank flooring. New dual paned windows throughout. Both bathroom are upgraded. Large private fenced patio.

Last Agent to Sell the Property

Gary Sully

The Sully Group License #01095171 Listed on: 10/10/2020

Co-Listed By

Leah Wear

The Sully Group License #01976531

Last Buyer's Agent

Michael Arp

Morgan Skenderian License #01488586

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,957

Year Built

  • Built in 1976

Lot Details

  • 8,276 Sq Ft Lot
  • 1 Common Wall
  • East Facing Home
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Driveway

Home Design

  • Duplex
  • Entry on the 1st floor
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,135 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Awning
  • Sliding Doors
  • Family Room with Fireplace
  • Vinyl Flooring
  • Mountain Views

Kitchen

  • Electric Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater
  • Sewer Paid
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Rain Gutters

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 4
  • Tax Tract Number 8610
  • Assessor Parcel Number 39316115

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Foothills

Recreation

  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,920
  • Insurance Expense $1,200
  • Water Sewer Expense $1,440
  • New Taxes Expense $10,957
  • Operating Expense $15,517
  • Gross Income $61,740
  • Net Operating Income $46,473

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,957

Year Built

Built in 1976

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 4.67
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 1440.00
  • Zoning: multifamily
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1920.00
  • Parcel Number: 39316115
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Entry Location: main floor
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 466.04
  • Room Type: All Bedrooms Down, Family Room

Exterior Features

  • Direction Faces: East
  • Foundation: Slab
  • Exterior Features: Awning(s)
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Garage Faces Front, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Water Heater
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Foothills, Hiking, Gutters, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Gross Multiplier: 16.11
  • Gross Operating Income: 61740.00
  • Gross Scheduled Income: 61740.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 8276.0000 Square Feet
  • Net Operating Income: 46473.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Operating Expense: 15267.00
  • Rent Control: No
  • Total Actual Rent: 5145.00
  • Total Expenses: 15517.00

Tax Info

  • New Taxes Expense: 10957.00
  • Tax Census Tract: 219.14
  • Tax Lot: 4
  • Tax Tract Number: 8610
  • Tax Annual Amount: 10957.00

Range of Values:

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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
11/06/2020 11/06/20 Sold $995,000 0.0% $466 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
10/10/2020 10/10/20 For Sale $995,000 -- $466 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Gary Sully

    Seller's Agent in 2020

    Gary Sully

    The Sully Group

    (714) 404-5252

    8 in this area

    43 Total Sales

    Gary Sully
    Section Image

  • L

    Seller Co-Listing Agent in 2020

    Leah Wear

    The Sully Group

    (949) 679-0440

    6 in this area

    31 Total Sales

    Leah Wear
    Section Image
  • Michael Arp

    Buyer's Agent in 2020

    Michael Arp

    Morgan Skenderian

    (714) 262-8992

    9 in this area

    45 Total Sales

    Michael Arp
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20213878

California Regional Multiple Listing Service (CRMLS)
California Orange County Orange 92869

146 S Los Timbres St Unit 2, Orange, CA

This home is located at 146 S Los Timbres St Unit 2, Orange, CA 92869 since 10 October 2020. This property was built in 1976. 146 S Los Timbres St Unit 2 is a home located in Orange County with nearby schools including Jordan Academy of Language & Computer Science, El Modena High School, and Orange County Classical Academy.

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.

California Regional Multiple Listing Service (CRMLS) 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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