NOT LISTED FOR SALE

18551 E Pearl Ave Orange, CA 92869

7 Beds
3 Baths
2,753 Sq Ft
10,019 Sq Ft Lot

Last Sold November 04, 2016

Last sale price $700,000 $254 Per Sq Ft

18 Days on Market

Highlights

  • No Units Above
  • Laundry Room
  • Wall Furnace
  • El Modena High School Rated A-

About This Home

As of November 2016

Great Investment Opportunity - Three Units, Single Story on a Huge Lot. Live in one unit and rent the other two. Front unit built in early 1900's features approx 1100 sq ft with 3 bedrooms(currently used as 4 bedrooms), 1 bath. The rear building built in 1960's features 2 units - each unit is approx 800 sq ft with 2 bedrooms and 1 bath with a private yard. All units have individual laundry hook-ups and separate gas and electric meters. All units are currently rented on a month to month contract. Long term renters-rents below market, tenants pay all utilities. Close to schools, shopping, dining and services. Units need updating.

Last Agent to Sell the Property

Frida Chamoun

Berkshire Hathaway Home Services License #00993811 Listed on: 09/05/2016

Berkshire Hathaway Home Services

Last Buyer's Agent

Elizabeth Do

Keller Williams Realty License #01473012

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 10,019 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall

Home Design

  • 2,753 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Laundry in Kitchen

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Parking Available
  • Shared Driveway

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Tax Lot 10
  • Tax Tract Number 315
  • Assessor Parcel Number 09311108

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 09311108
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Levels: One
  • Price Per Square Foot: 254.27

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Shared Driveway
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Closet, In Kitchen, Outside
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10019.00
  • Price Per Lot Square Foot: 63.19
  • Lot Size Acres: 0.2300

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Scheduled Income: 44100.00
  • Lot Size Area: 10019.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Actual Rent: 3675.00

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 315
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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
11/04/2016 11/04/16 Sold $700,000 +1.4% $254 / Sq Ft
09/23/2016 09/23/16 Pending -- -- --
09/05/2016 09/05/16 For Sale $690,000 -- $251 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,059 $1,087,738 $1,006,302 $81,436
2024 $12,059 $1,066,410 $986,570 $79,840
2023 $11,736 $1,045,500 $967,225 $78,275
2022 $11,495 $765,550 $656,187 $109,363
2021 $8,515 $750,540 $643,321 $107,219
2020 $8,438 $742,845 $636,725 $106,120
2019 $8,335 $728,280 $624,240 $104,040
2018 $8,211 $714,000 $612,000 $102,000
2017 $7,877 $700,000 $600,000 $100,000
2016 $1,327 $66,857 $26,933 $39,924
2015 $1,460 $65,853 $26,528 $39,325
2014 $1,436 $64,564 $26,009 $38,555
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16195465

California Regional Multiple Listing Service (CRMLS)

APN: 093-111-08

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