L
Seller's Agent in 2017
Lauren Brady
Partners Real Estate Group
(714) 528-3100
2 Total Sales
1576 E Spruce St Placentia, CA 92870
8
Beds
4
Baths
3,500
Sq Ft
7,680
Sq Ft Lot
Highlights
- No HOA
- 8 Car Direct Access Garage
- Forced Air Heating and Cooling System
- Van Buren Elementary School Rated A
- Laundry Room
- Stacked Washer and Dryer
About This Home
As of April 2017Rare newer construction tri-plex in North Orange County. Always occupied and in great condition. Lower 4 bedroom unit is currently a 6-bed elder care facility and have been tenants for 8 years. Upper 2 bedroom units are very large with granite counter tops and upgraded bathrooms and cabinetry. 3 2-car garages attached to unit and additional on site parking.
Next door 10 town homes are under construction and will complete the cul de sac street and will sell in the high $500,000's. You can buy a 40 year old building, struggle to keep it occupied and spend a ton of money on upkeep or buy this turn-key, fully leased building. Seller built this in 2006 for $1,500,000 and it would cost more to build it now. "Sister" building across the street is also for sale for the same price and both properties must close concurrently
Last Agent to Sell the Property
Partners Real Estate Group License #01957751 Listed on: 09/19/2016
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2006
Lot Details
- 7,680 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 8 Car Direct Access Garage
- Parking Available
- Driveway
Home Design
- Property Attached
Interior Spaces
- 3,500 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Stacked Washer and Dryer
Additional Features
- Suburban Location
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, trash collection, water
- Tax Lot 14
- Tax Tract Number 666
- Assessor Parcel Number 34137101
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
- Gardener Expense $1,800
- Insurance Expense $1,000
- Professional Management Expense $3,600
- New Taxes Expense $15,000
- Operating Expense $21,400
- Gross Income $6,800
- Net Operating Income $64,800
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/06/2017 04/06/17 | Sold | $1,400,000 | -1.8% | $400 / Sq Ft |
| 03/11/2017 03/11/17 | Pending | -- | -- | -- |
| 03/03/2017 03/03/17 | Price Changed | $1,425,000 | -4.7% | $407 / Sq Ft |
| 09/19/2016 09/19/16 | For Sale | $1,495,000 | 0.0% | $427 / Sq Ft |
| 04/30/2015 04/30/15 | Rented | $1,750 | 0.0% | -- |
| 04/30/2015 04/30/15 | For Rent | $1,750 | 0.0% | -- |
| 03/02/2015 03/02/15 | Rented | $1,750 | 0.0% | -- |
| 03/02/2015 03/02/15 | For Rent | $1,750 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Lauren Brady
-
Scott Brady
S
Seller Co-Listing Agent in 2017
Scott Brady
Partners Real Estate Group
(714) 528-2999
4 in this area
20 Total Sales
-
Stephanie St Pierre
Buyer's Agent in 2017
Stephanie St Pierre
Seven Gables Real Estate
(714) 404-6411
46 Total Sales
-
Krista Ellis
Buyer's Agent in 2015
Krista Ellis
RE/MAX One
(714) 313-2520
4 in this area
28 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW16705725
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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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