NOT LISTED FOR SALE

1812 E Adams Ave Orange, CA 92867

5 Beds
3 Baths
2,820 Sq Ft
8,276 Sq Ft Lot Lot

Sale Details

Date Sold: August 9, 2024

Last sale price $1,150,000 $408 Per Sq Ft

2 Days on Market

Highlights

  • Lawn
  • No HOA
  • Level Lot

About This Home

As of August 2024

Located in a great area of Orange, this Triplex unit will sell fast at its current price. The property consists of two units that are 2 bedrooms each with 1 bathroom. The third unit up front is a 1 bed with 1 bath unit. The property does have some deferred maintenance and we are aware of that, this is why we priced it at this great price. The tenants have been there for ever and are all month to month right now. The two 2 bed units are in great shape and have been kept up well by the tenants. The backyard is large enough for a possible ADU or maybe more units if the city and county permit (We do not know if you can add or not, we have not spoken to the city or county). Seller would like a quick escrow. Rents are low and should be $2600 for two bedrooms and $1800 plus for a one bedroom based on area rents.

Last Agent to Sell the Property

Craig Marson

First Team Real Estate Brokerage Phone: 562-682-1944 License #01210177 Listed on: 07/17/2024

First Team Real Estate

Last Buyer's Agent

Rick Applebaum

Morgan Skenderian License #01273871

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 8,276 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Lawn

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 2,820 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 25
  • Tax Tract Number 2881
  • Assessor Parcel Number 37554204
  • $782 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $21,220
  • Net Operating Income $21,220

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

8,276 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: unknown
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 37554204
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 407.80

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Level with Street, Lot 6500-9999, Level
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900
  • Latitude Manual: 33.80614400

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 700 Square Feet
  • Average2 Bed Area: 1100 Square Feet
  • Gross Income: 21220.00
  • Gross Scheduled Income: 26220.00
  • Lot Size Area: 8276.0000 Square Feet
  • Net Operating Income: 21220.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 5000.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 758.12
  • Tax Lot: 25
  • Tax Tract Number: 2881
  • TaxOtherAnnualAssessmentAmount: 782.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
08/09/2024 08/09/24 Sold $1,150,000 +9.5% $408 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
07/17/2024 07/17/24 For Sale $1,050,000 -- $372 / 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
2025 $4,009 $1,150,000 $1,043,254 $106,746
2024 $4,009 $302,596 $187,466 $115,130
2023 $3,913 $296,663 $183,790 $112,873
2022 $3,831 $290,847 $180,187 $110,660
2021 $3,733 $285,145 $176,654 $108,491
2020 $3,698 $282,222 $174,843 $107,379
2019 $3,659 $276,689 $171,415 $105,274
2018 $3,605 $271,264 $168,054 $103,210
2017 $3,471 $265,946 $164,759 $101,187
2016 $3,409 $260,732 $161,529 $99,203
2015 $3,358 $256,816 $159,103 $97,713
2014 $3,287 $251,786 $155,987 $95,799
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24146626

California Regional Multiple Listing Service (CRMLS)

APN: 375-542-04

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