NOT LISTED FOR SALE

18796 E Spring St Orange, CA 92869

6 Beds
5 Baths
2,850 Sq Ft
9,583 Sq Ft Lot

Last Sold October 06, 2017

Last sale price $760,000 $267 Per Sq Ft

10 Days on Market

Highlights

  • Main Floor Bedroom
  • No HOA
  • Forced Air Heating System
  • El Modena High School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Wrought Iron Fence

About This Home

As of October 2017

GREAT OPPORTUNITY TO PURCHASE A 3 UNIT APARTMENT COMPLEX IN THE CITY OF ORANGE. THIS IDEALLY LOCATED BUILDING IS DIRECTLY ACROSS THE STREET FROM LA PURISIMA CATHOLIC CHURCH AND SCHOOL. THE 2,850 SQUARE FOOT BUILDING OFFERS SPACIOUS LIVING QUARTERS. UNIT #A IS A SINGLE LEVEL APARTMENT ABOVE THE GARAGES CONSISTING OF 2 BEDROOMS AND 1 BATHROOM, UNIT #B IS SINGLE STORY WITH 2 BEDROOMS, 1.5 BATHROOMS, AND UNIT #C IS SINGLE STORY WITH 2 BEDROOMS AND 1.5 BATHROOMS. EACH UNIT HAS A ONE CAR GARAGE. THERE ARE 4 ADDITIONAL PARKING SPACES PLUS STREET PARKING. SEPARATELY METERED FOR GAS AND ELECTRIC. LONG TERM TENANTS IN ALL UNITS. GREAT UPSIDE POTENTIAL!

Last Agent to Sell the Property

Tom Williams

Windsor Inv., Inc. License #00766458 Listed on: 09/11/2017

Last Buyer's Agent

Hoyt Hochman

Platinum Properties R.E. License #01211717

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 9,583 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 4 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,850 Sq Ft Home
  • 2-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 5 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 447
  • Assessor Parcel Number 38308164

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $360
  • Fuel Expense $780
  • Gardener Expense $1,200
  • Insurance Expense $3,332
  • Maintenance Expense $1,200
  • Trash Expense $588
  • Water Sewer Expense $2,268
  • New Taxes Expense $8,258
  • Operating Expense $17,987
  • Gross Income $38,100
  • Net Operating Income $20,113

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Price Per Unit: 266333
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 2268.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 38308164
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Levels: Two
  • Price Per Square Foot: 266.67
  • Room Type: Main Floor Bedroom

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Sewer: Public Sewer
  • Trash Expense: 588.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 9583.00

Multi Family

  • Electric Expense: 360.00
  • Fuel Expense: 780.00
  • Gross Income: 38100.00
  • Gross Operating Income: 38100.00
  • Gross Scheduled Income: 38100.00
  • Insurance Expense: 3332.00
  • Maintenance Expense: 1200.00
  • Net Operating Income: 20113.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number Wall A C: 3
  • Number With Carpet: 3
  • Number With Range: 3
  • Operating Expense: 17987.00
  • Rent Control: No
  • Total Actual Rent: 3175.00
  • Total Expenses: 17987.00

Tax Info

  • New Taxes Expense: 8258.00
  • Tax Census Tract: 219.13
  • Tax Lot: 14
  • Tax Tract Number: 447

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 List to Sale Price per Sq Ft
10/06/2017 10/06/17 Sold $760,000 -4.9% $267 / Sq Ft
09/21/2017 09/21/17 Pending -- -- --
09/11/2017 09/11/17 For Sale $799,000 -- $280 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Tom Williams

    Windsor Inv., Inc.

    (714) 423-6681

    5 in this area

    25 Total Sales

    Tom Williams
    Section Image
  • Hoyt Hochman

    Buyer's Agent in 2017

    Hoyt Hochman

    RE/MAX

    (562) 301-7293

    2 in this area

    25 Total Sales

    Hoyt Hochman
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17209806

California Regional Multiple Listing Service (CRMLS)

APN: 383-081-64

California Orange County Orange 92869

18796 E Spring St, Orange, CA

This home is located at 18796 E Spring St, Orange, CA 92869 since 11 September 2017. This property was built in 1965. 18796 E Spring St is a home located in Orange County with nearby schools including Esplanade Elementary School, El Modena High School, and Orange County Classical Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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