NOT LISTED FOR SALE
4 Beds
4 Baths
2,250 Sq Ft
0.26 Acre Lot

Sale Details

Date Sold: September 23, 2022

Last sale price $850,000 $378 Per Sq Ft

16 Days on Market

About This Home

As of September 2022

1526-28 E 4th St./327-329 Eastside Ave is a 4-unit multifamily investment property located in Santa Ana, CA. Built in 1953, the property offers 4 one-bedroom, one-bath units, in addition to tremendous rental upside potential with an interior renovation plan. The property is situated on a large lot of +/-11,102 SF and is zoned P (Professional), allowing a developer the option to build an office building, banks, finance companies ect., or add 5+ units, which increases the potential of multiple ADU additions, should the buyer want more rental income and additional tax benefits with the property being situated in an opportunity zone. There is potential to further enhance yield with the implementation of a RUBS program for water, sewer, and trash. The property is located minutes from Downtown Santa Ana, the Santa Ana Metrolink, 4th St Market, the OC Streetcar rail, Santa Ana Zoo, Main Place Mall, and the Santa Ana DMV. The property is ideally located near the 5 & 55 FWY for an easy commute.

Last Agent to Sell the Property

David Harrington

Matthews Real Estate Investment Services License #01320460 Listed on: 08/17/2022

Last Buyer's Agent

David Harrington

Matthews Real Estate Investment Services License #01320460 Listed on: 08/17/2022

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 0.26

Home Design

  • 2,250 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Car Attached Garage
  • Public Parking

Additional Features

  • Laundry in unit
  • 11,191 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 398-431-03

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0.26 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2250
  • Lot Acreage: 0.2569
  • Probate: No
  • Year Built: 1953
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 422.22

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage Is Attached, Public
  • Total Parking: 4

Lot Info

  • Assessed Improvement Percent: 48.68
  • Assessed Improvement Value: 51612
  • Assessed Land Percent: 51.32
  • Assessed Land Value: 54407
  • Total Assessed Value: 106019
  • Assessor Parcel Number: 398-431-03
  • Lot Size Area: 11191

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 20.30
  • Number Of Units: 4
  • Rent Control: 100
  • Type Of Units: 4 Units

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
Aug 17, 2022
Closed on
Sep 19, 2022
Sold by
Paula Marie Sargent Charitable Remainder
Bought by
Seller's Agent
David Harrington
Matthews Real Estate Investment Services
Buyer's Agent
David Harrington
Matthews Real Estate Investment Services
List Price
$950,000
Sold Price
$850,000
Premium/Discount to List
-$100,000
-10.53%
Views
18

Purchase Details

Closed on
Jun 20, 2022
Sold by
Paula M Sargent Revocable 1999 Inter Viv
Bought by
Paula Marie Sargent Charitable Remainder Unit

Purchase Details

Closed on
Feb 9, 1999
Sold by
Sargent Paula M
Bought by
Sargent Paula M and Paula M Sargent Revocable 1999 Inter Viv
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
$850,000 Chicago Title
Paula Marie Sargent Charitable Remainder Unit -- None Listed On Document
Sargent Paula M -- --
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
09/23/2022 09/23/22 Sold $850,000 -10.5% $378 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $950,000 -- $422 / Sq Ft
Source: The MLS

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 $11,009 $902,026 $804,447 $97,579
2025 $10,720 $884,340 $788,674 $95,666
2024 $10,720 $867,000 $773,209 $93,791
2023 $10,453 $850,000 $758,048 $91,952
2022 $2,215 $108,139 $55,495 $52,644
2021 $2,173 $106,019 $54,407 $51,612
2020 $2,166 $104,932 $53,849 $51,083
2019 $2,141 $102,875 $52,793 $50,082
2018 $2,082 $100,858 $51,758 $49,100
2017 $2,061 $98,881 $50,743 $48,138
2016 $2,027 $96,943 $49,748 $47,195
2015 $1,998 $95,487 $49,000 $46,487
2014 $1,961 $93,617 $48,040 $45,577
Source: Public Records

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Map

Source: The MLS

MLS Number: 22-190571

The MLS
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