Seller's Agent in 2022
Sheralyn McVeigh
McVeigh Properties
(714) 746-7088
1 in this area
62 Total Sales
1734 E Lomita Ave Orange, CA 92867
Estimated Value: $1,098,000 - $1,350,000
5
Beds
2
Baths
2,233
Sq Ft
$544/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Lawn
- Cooling System Mounted To A Wall/Window
- Traditional Architecture
- No HOA
- Living Room
About This Home
As of October 2022HUGE PRICE IMPROVEMENT!! Seller wants it sold! Don’t miss out on this great investment opportunity! This well kept, single story duplex is only shared by 1 wall connecting the garages, so it truly feels like 2 separate homes on a lot. There are no common walls joining any living space of these units giving this duplex more of an individual home feel. 1734 E Lomita is the 988 sq ft front unit featuring 2 large bedrooms, 1 full bath, a spacious kitchen with eating area, light and bright living room, laminate and tile flooring and access to its own laundry in the attached single car garage. The 2nd, 1245 sq ft unit is 1736 E Lomita boasting 3 large bedrooms, a spacious kitchen with lots of cabinetry, a dining area and large, light and bright living room. It also has its own single car garage with laundry hookups. Both units have been well cared for and have long term tenants who would love to stay. Some updates include newer flooring, replaced water heater, replaced gas line, dual paned windows and ceiling fans. Both units have their own water, gas and electricity meters that are paid by the tenants. There is additional room for 10 cars or potential RV parking. Prime location near shopping, restaurants, great schools, Old Towne Orange, Chapman University and easy freeway access. Shown by appointment.
Last Agent to Sell the Property
McVeigh Properties License #01765691 Listed on: 08/03/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 6,534 Sq Ft Lot
- 1 Common Wall
- Wood Fence
- Block Wall Fence
- Lawn
- Front Yard
Parking
- 2 Car Garage
Home Design
- Duplex
- Traditional Architecture
- Shingle Roof
Interior Spaces
- 2,233 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Living Room
Kitchen
- Gas Range
- Dishwasher
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- Phone Available
- Cable TV Available
Additional Features
- No Interior Steps
- Exterior Lighting
- Property is near public transit
Listing and Financial Details
- Tenant pays for all utilities, cable TV, electricity, gas, trash collection, water
- Tax Lot 17
- Tax Tract Number 2452
- Assessor Parcel Number 38632202
- $500 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $600
- Insurance Expense $798
- Operating Expense $1,398
- Gross Income $39,900
- Net Operating Income $39,180
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 3, 2022
Closed on
Oct 13, 2022
Sold by
Zazueta Raymond A and Zazueta Lidia Chavez
Bought by
Zazueta Trust
Seller's Agent
Sheralyn McVeigh
McVeigh Properties
Buyer's Agent
Oscar Tortola
Oscar Tortola Group Real Estate Services
List Price
$1,174,900
Sold Price
$1,050,000
Premium/Discount to List
-$124,900
-10.63%
Views
30
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,121
Avg. Annual Appreciation
4.60%
Original Mortgage
$787,500
Outstanding Balance
$751,782
Interest Rate
5.66%
Mortgage Type
Balloon
Estimated Equity
$463,339
Purchase Details
Listed on
Aug 3, 2022
Closed on
Sep 21, 2022
Sold by
Snyder David R and Snyder Susan F
Bought by
Zazueta Raymond A and Zazueta Lidia Chavez
Seller's Agent
Sheralyn McVeigh
McVeigh Properties
Buyer's Agent
Oscar Tortola
Oscar Tortola Group Real Estate Services
List Price
$1,174,900
Sold Price
$1,050,000
Premium/Discount to List
-$124,900
-10.63%
Views
30
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Outstanding Balance
$751,782
Interest Rate
5.66%
Mortgage Type
Balloon
Estimated Equity
$463,339
Purchase Details
Listed on
Aug 11, 2015
Closed on
Jan 26, 2016
Sold by
Barnes John
Bought by
Snyder David R and Millar Susan F
Seller's Agent
Michael Hickman
Seven Gables Real Estate
Buyer's Agent
Janet Moon
Coldwell Banker Realty
List Price
$650,000
Sold Price
$650,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$375,000
Interest Rate
3.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 10, 2002
Sold by
Gonzalez Felipe and Gonzalez Yolanda V
Bought by
Barnes John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 6, 2000
Sold by
Cortez Alfonso and Cortez Victoriano
Bought by
Gonzalez Felipe and Gonzalez Yolanda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,372
Interest Rate
8.38%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 1, 2000
Sold by
Bonilla and Concepcion
Bought by
Cortes Alfonso and Cortez Victoriano
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,372
Interest Rate
8.38%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 6, 1997
Sold by
Calvert John D and Calvert Hannelore M
Bought by
Bonilla Ernesto and Bonilla Concepcion
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,497
Interest Rate
7.62%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
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
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zazueta Trust | -- | -- | |
| Zazueta Raymond A | $1,050,000 | First American Title | |
| Snyder David R | $638,000 | First American Title Company | |
| Barnes John | $360,000 | Orange Coast Title | |
| Gonzalez Felipe | -- | -- | |
| Cortes Alfonso | $245,000 | Chicago Title Co | |
| Bonilla Ernesto | $168,000 | Continental Lawyers Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zazueta Raymond A | $787,500 | |
| Previous Owner | Snyder David R | $375,000 | |
| Previous Owner | Barnes John | $324,000 | |
| Previous Owner | Cortes Alfonso | $243,372 | |
| Previous Owner | Bonilla Ernesto | $163,497 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/14/2022 10/14/22 | Sold | $1,050,000 | -4.5% | $470 / Sq Ft | |
| 09/21/2022 09/21/22 | Pending | -- | -- | -- | |
| 08/26/2022 08/26/22 | Price Changed | $1,099,900 | -6.4% | $493 / Sq Ft | |
| 08/03/2022 08/03/22 | For Sale | $1,174,900 | +80.8% | $526 / Sq Ft | |
| 03/25/2016 03/25/16 | Sold | $650,000 | 0.0% | $291 / Sq Ft | View Prior Sale |
| 01/21/2016 01/21/16 | Pending | -- | -- | -- | |
| 08/11/2015 08/11/15 | For Sale | $650,000 | -- | $291 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $11,865 | $1,092,420 | $990,262 | $102,158 |
| 2024 | $11,865 | $1,071,000 | $970,845 | $100,155 |
| 2023 | $11,604 | $1,050,000 | $951,808 | $98,192 |
| 2022 | $8,025 | $711,699 | $618,134 | $93,565 |
| 2021 | $7,802 | $697,745 | $606,014 | $91,731 |
| 2020 | $7,730 | $690,591 | $599,800 | $90,791 |
| 2019 | $7,634 | $677,050 | $588,039 | $89,011 |
| 2018 | $7,519 | $663,775 | $576,509 | $87,266 |
| 2017 | $7,209 | $650,760 | $565,205 | $85,555 |
| 2016 | $5,028 | $440,444 | $340,058 | $100,386 |
| 2015 | $4,955 | $433,829 | $334,950 | $98,879 |
| 2014 | $4,850 | $425,331 | $328,388 | $96,943 |
Source: Public Records
Agents Affiliated with this Home
-
Sheralyn McVeigh
-
Oscar Tortola
Buyer's Agent in 2022
Oscar Tortola
Oscar Tortola Group Real Estate Services
(951) 733-2040
2 in this area
336 Total Sales
-
Michael Hickman
Seller's Agent in 2016
Michael Hickman
Seven Gables Real Estate
(714) 731-5983
2 in this area
31 Total Sales
-
Janet Moon
J
Buyer's Agent in 2016
Janet Moon
Coldwell Banker Realty
(949) 751-9787
8 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC22171026
APN: 386-322-02
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