NOT LISTED FOR SALE

1839 E Grove Ave Orange, CA 92865

8 Beds
4 Baths
3,462 Sq Ft
6,573 Sq Ft Lot

Last Sold July 13, 2023

Last sale price $1,250,000 $361 Per Sq Ft

74 Days on Market

Highlights

  • Laundry Room
  • Villa Park High School Rated A
  • Front Yard

About This Home

As of July 2023

> Property is found in the highly desirable rental community of Orange, CA
> Four (4) 2 Bedroom / 1 Bath Units
> Garage Parking and On-Site Laundry
> Upside in Rental Income!
> Single-Story Construction Throughout the Complex

Last Agent to Sell the Property

Patrick Swanson

Pat Swanson License #01382974 Listed on: 03/20/2023

Last Buyer's Agent

Frances Kwon

T.N.G. Real Estate Consultants License #01154191

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,573 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Parking

  • 2 Open Parking Spaces
  • 4 Car Garage

Home Design

  • 3,462 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 4549
  • Assessor Parcel Number 37231108
  • $1,006 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,600
  • Trash Expense $1,200
  • Water Sewer Expense $2,000
  • Operating Expense $22,981
  • Gross Income $79,792
  • Net Operating Income $56,811

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2000.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 37231108
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 361.06

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6573.00
  • Lot Size Acres: 0.1509

Multi Family

  • Gross Income: 79792.00
  • Gross Scheduled Income: 82260.00
  • Insurance Expense: 1600.00
  • Lot Size Area: 6573.0000 Square Feet
  • Net Operating Income: 56811.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 22981.00
  • Rent Control: No
  • Total Expenses: 22981.00

Tax Info

  • Tax Census Tract: 758.11
  • Tax Lot: 6
  • Tax Tract Number: 4549
  • TaxOtherAnnualAssessmentAmount: 1006.00

Range of Values:

--
Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
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 Prior Sale
07/13/2023 07/13/23 Sold $1,250,000 -2.7% $361 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $1,285,000 0.0% $371 / Sq Ft
03/31/2023 03/31/23 Pending -- -- --
03/20/2023 03/20/23 For Sale $1,285,000 +49.4% $371 / Sq Ft
04/12/2016 04/12/16 Sold $860,000 -4.4% $248 / Sq Ft View Prior Sale
03/08/2016 03/08/16 Pending -- -- --
06/27/2015 06/27/15 For Sale $900,000 -- $260 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Patrick Swanson

    Seller's Agent in 2023

    Patrick Swanson

    Pat Swanson

    (213) 864-2862

    3 in this area

    56 Total Sales

    Patrick Swanson
    Section Image

  • F

    Buyer's Agent in 2023

    Frances Kwon

    T.N.G. Real Estate Consultants

    (714) 928-1578

    1 in this area

    7 Total Sales

    Frances Kwon
    Section Image
  • Carlos Barron

    Buyer Co-Listing Agent in 2023

    Carlos Barron

    T.N.G. Real Estate Consultants

    (562) 905-6033

    2 in this area

    82 Total Sales

    Carlos Barron
    Section Image

  • J

    Seller's Agent in 2016

    Judith Cardenas

    First Buy Realty, Inc.

    (714) 715-7270

    1 in this area

    12 Total Sales

    Judith Cardenas
    Section Image
  • Monica Hosozawa

    Buyer's Agent in 2016

    Monica Hosozawa

    Coldwell Banker Envision

    (714) 403-8569

    50 Total Sales

    Monica Hosozawa
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23045779

California Regional Multiple Listing Service (CRMLS)

APN: 372-311-08

California Orange County Orange 92865

1839 E Grove Ave, Orange, CA

Not Listed for Sale

MultiFamily

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