NOT LISTED FOR SALE
3 Beds
2 Baths
1,046 Sq Ft
7,828 Sq Ft Lot

Sale Details

Date Sold: March 1, 2021

Last sale price $900,000 $860 Per Sq Ft

230 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Rectangular Lot
  • Demille Elementary Rated A-

About This Home

As of March 2021

A wonderful investment opportunity in Orange County. This triplex located on Monroe St, near Beach Blvd, in Midway City is located close to the 22, 55, and 405 freeways. With Golden West College just over 2 miles away, the Huntington Beach Pier about six miles, and Disneyland about nine miles away this investment property sits at a great location for constant income.

Last Agent to Sell the Property

Nicole Fiore

First Team Real Estate License #01960746 Listed on: 05/28/2020

First Team Real Estate

Last Buyer's Agent

Elizabeth Do

Keller Williams Realty License #01473012

Keller Williams Realty
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,828 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot
  • 14894, 14896

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,046 Sq Ft Home
  • Neighborhood Views
  • Gas Range
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Rain Gutters
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 4 / 9
  • Tax Tract Number 635
  • Assessor Parcel Number 09714104

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $792
  • Water Sewer Expense $2,105
  • New Taxes Expense $6,737
  • Operating Expense $11,740
  • Gross Income $44,100
  • Net Operating Income $40,374

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

7,828 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: unknown
  • View: Yes
  • Water Sewer Expenses: 2104.60
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 09714104
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 860.42

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
  • Laundry: Yes
  • Appliances: Gas Range
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 792.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 14894, 14896
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Rectangular Lot
  • Lot Size Sq Ft: 7828.00
  • Lot Size Acres: 0.1797

Multi Family

  • Gross Income: 44100.00
  • Gross Scheduled Income: 44100.00
  • Lot Size Area: 7828.0000 Square Feet
  • Net Operating Income: 40373.72
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 3726.28
  • Rent Control: No
  • Total Actual Rent: 44100.00
  • Total Expenses: 11739.88

Tax Info

  • New Taxes Expense: 6737.00
  • Tax Block: 9
  • Tax Census Tract: 997.01
  • Tax Lot: 4
  • Tax Tract Number: 635

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Jan 25, 2021
Sold by
Goen Darrell W
Bought by
Seller's Agent
Nicole Fiore
First Team Real Estate
Buyer's Agent
Elizabeth Do
Keller Williams Realty
List Price
$985,000
Sold Price
$900,000
Premium/Discount to List
-$85,000
-8.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Outstanding Balance
$589,778
Interest Rate
2.7%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase 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 Buyer Sale Price Title Company
$900,000 Western Resources Title
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $675,000
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
03/01/2021 03/01/21 Sold $900,000 -6.3% $860 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
10/09/2020 10/09/20 Price Changed $960,000 -2.5% $918 / Sq Ft
05/28/2020 05/28/20 For Sale $985,000 -- $942 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2026 $12,250 $993,671 $927,428 $66,243
2025 $12,080 $974,188 $909,243 $64,945
2024 $12,080 $955,087 $891,415 $63,672
2023 $11,674 $936,360 $873,936 $62,424
2022 $11,492 $918,000 $856,800 $61,200
2021 $2,132 $75,628 $39,667 $35,961
2020 $2,116 $74,853 $39,260 $35,593
2019 $2,106 $73,386 $38,490 $34,896
2018 $2,101 $71,948 $37,736 $34,212
2017 $2,061 $70,538 $36,996 $33,542
2016 $2,029 $69,155 $36,270 $32,885
2015 $2,008 $68,117 $35,725 $32,392
2014 $1,981 $66,783 $35,025 $31,758
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20094336

California Regional Multiple Listing Service (CRMLS)

APN: 097-141-04

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