NOT LISTED FOR SALE

1838 E Grove Ave Orange, CA 92865

5 Beds
2 Baths
3,462 Sq Ft
6,534 Sq Ft Lot

Last Sold October 22, 2020

Last sale price $1,050,000 $303 Per Sq Ft

6 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • East Facing Home
  • Villa Park High School Rated A
  • Central Heating
  • Carpet

About This Home

As of October 2020

Residential income. 4 units located in Orange. All four units are leased. Please drive by only. 2 units that has 3 bedrooms 1 bath. The other 2 units that has 2 bedrooms and 1 bath. Long term same tenants for 15 years. Each unit has separate water heater and washers/dryer. Owner currently covers water for current tenants. Tenants does not know property is for sale.

Last Agent to Sell the Property

Vicky Tu

Realty One Group West License #01359773 Listed on: 08/06/2020

Realty One Group West

Last Buyer's Agent

Vicky Tu

Realty One Group West License #01359773 Listed on: 08/06/2020

Realty One Group West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,534 Sq Ft Lot
  • Two or More Common Walls
  • East Facing Home

Parking

  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 3,462 Sq Ft Home
  • 1-Story Property
  • Gas Range
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Additional Features

  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 20 / 20
  • Tax Tract Number 4549
  • Assessor Parcel Number 37231211

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $880
  • Trash Expense $828
  • New Taxes Expense $940
  • Operating Expense $2,680
  • Gross Income $64,620
  • Net Operating Income $52,989

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Zoning: Multi
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 37231211
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 303.29

Exterior Features

  • Direction Faces: East
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 828.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Gross Income: 64620.00
  • Gross Scheduled Income: 64620.00
  • Insurance Expense: 880.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 52989.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Range: 4
  • Operating Expense: 32160.00
  • Rent Control: No
  • Total Actual Rent: 64620.00
  • Total Expenses: 2680.00

Tax Info

  • New Taxes Expense: 940.00
  • Tax Block: 20
  • Tax Census Tract: 758.11
  • Tax Lot: 20
  • Tax Tract Number: 4549

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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Sold Price
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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
10/22/2020 10/22/20 Sold $1,050,000 -11.8% $303 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $1,190,000 +13.3% $344 / Sq Ft
08/08/2020 08/08/20 Off Market $1,050,000 -- --
08/06/2020 08/06/20 For Sale $1,190,000 -- $344 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Vicky Tu

    Seller's Agent in 2020

    Vicky Tu

    Realty One Group West

    (714) 350-3240

    2 in this area

    7 Total Sales

    Vicky Tu
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20157966

California Regional Multiple Listing Service (CRMLS)

APN: 372-312-11

California Orange County Orange 92865

1838 E Grove Ave, Orange, CA

Not Listed for Sale

MultiFamily

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