NOT LISTED FOR SALE

1833 E Lomita Ave Orange, CA 92867

8 Beds
4 Baths
3,218 Sq Ft
10,039 Sq Ft Lot

Last Sold September 04, 2014

Last sale price $842,000 $262 Per Sq Ft

10 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Laundry Room
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

About This Home

As of September 2014

SINGLE STORY 4 PLEX SITUATED IN A STRONG RENTAL NEIGHBORHOOD OF ORANGE. THESE UNITS ARE EASY TO RENT AND MANAGE. DEFINITE LONG TERM TENANTS ON M/M AGREEMENTS. BUILDING IS SEPARATELY METERED FOR GAS AND ELECTRIC WITH INDIVIDUAL WATER HEATERS FOR LOW OWNER EXPENSE. EACH UNIT HAS THEIR OWN GARAGE, OUTSIDE LAUNDRY HOOK UPS, AND PATIOS. THIS PROPERTY IS MINUTES AWAY FROM ORANGE MALL, 55 FRWY/ 22 FRWY, HONDA CENTER, ANAHEIM STADIUM, LOTS OF SHOPPING VENUES ALONG TUSTIN AVE, EMPLOYMENT CENTERS.

Last Agent to Sell the Property

Brad New

Vanguard Property Group License #01347742 Listed on: 06/23/2014

Last Buyer's Agent

Kris Wells

Kris M. Wells, Broker License #00925214

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 10,039 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,218 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Gas Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 9
  • Tax Tract Number 2452
  • Assessor Parcel Number 38632109

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $9,559
  • Gross Income $5,200
  • Net Operating Income $46,476

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 38632109
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 261.65
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Disposal, Gas Cooktop
  • Heating Type: Floor Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Outside, Washer Hookup
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10039.00
  • Lot Size Acres: 0.2300

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 5200.00
  • Gross Scheduled Income: 62400.00
  • Lot Size Area: 10039.0000 Square Feet
  • Net Operating Income: 46476.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 14676.00
  • Operating Expense Percent: 24.00
  • Rent Control: No
  • Vacancy Allowance: 1248
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 9559.00
  • Tax Lot: 9
  • Tax Tract Number: 2452
  • Tax Year: 2013

Range of Values:

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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 Change Sq Ft Price
09/04/2014 09/04/14 Sold $842,000 -3.1% $262 / Sq Ft
07/03/2014 07/03/14 Pending -- -- --
06/23/2014 06/23/14 For Sale $869,000 -- $270 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14131687

California Regional Multiple Listing Service (CRMLS)

APN: 386-321-09