NOT LISTED FOR SALE
2 Beds
3 Baths
7,638 Sq Ft
0.96 Acres

Last Sold January 23, 2024

Last sale price $1,200,000 $157 Per Sq Ft

35 Days on Market

Highlights

  • No Units Above
  • Laundry Room
  • Wood Fence
  • Mountain View
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of January 2024

Property consist of six units that are 2 bedrooms and 2 baths. Four of them are approx. 1128 sq. ft. and two of them are approx. 1408 sq. ft. and they are two story. They all have two car garage with laundry hookups and private patios The lot is nearly one acre and could built more units.

Last Agent to Sell the Property

Mike Dionne

Orange County Home Sales, Inc License #00675197 Listed on: 10/13/2023

Last Buyer's Agent

Mike Dionne

Orange County Home Sales, Inc License #00675197 Listed on: 10/13/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 0.96 Acre Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Rural Setting
  • Wood Fence
  • Level Lot
  • Density is 6-10 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 2 Bedrooms
  • 7,638 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Mountain Views

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 459
  • Tax Tract Number 4287

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Insurance Expense $5,200
  • Professional Management Expense $3,600
  • Trash Expense $3,234
  • Water Sewer Expense $4,093
  • Operating Expense $10,927
  • Gross Income $83,330
  • Net Operating Income $67,203

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Professional Management Expense: 3600.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 4093.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Price Per Square Foot: 157.11

Exterior Features

  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 3234.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Lot Over 40000 Sqft, Level
  • Lot Size Sq Ft: 41600.00
  • Lot Size Acres: 0.9550

Multi Family

  • Average2 Bed Area: 1128 Square Feet
  • Gross Income: 83330.00
  • Gross Scheduled Income: 83330.00
  • Insurance Expense: 5200.00
  • Lot Size Area: 41600.0000 Square Feet
  • Net Operating Income: 67203.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Total: 6
  • Operating Expense: 16127.00
  • Rent Control: No
  • Total Expenses: 10927.00

Tax Info

  • Tax Lot: 459
  • Tax Tract Number: 4287

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
01/23/2024 01/23/24 Sold $1,200,000 -7.7% $157 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $1,300,000 -- $170 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $14,873 $1,224,000 $102,000 $1,122,000
2024 $12,432 $1,045,038 $139,338 $905,700
2023 $11,524 $961,700 $48,000 $913,700
2022 $10,160 $836,200 $41,700 $794,500
2021 $8,901 $727,200 $36,300 $690,900
2020 $8,873 $727,200 $36,300 $690,900
2019 $8,133 $661,100 $33,000 $628,100
2018 $7,538 $612,200 $30,600 $581,600
2017 $6,948 $556,600 $27,830 $528,770
2016 $6,041 $506,000 $25,300 $480,700
2015 $5,300 $440,000 $22,000 $418,000
2014 $4,876 $400,000 $20,000 $380,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23191810

California Regional Multiple Listing Service (CRMLS)