NOT LISTED FOR SALE

18862 E Vine Ave Orange, CA 92869

Estimated Value: $1,094,000 - $1,221,693

7 Beds
3 Baths
2,148 Sq Ft
$532/Sq Ft Est. Value

Last Sold June 02, 2022

Last sale price $900,000 $419 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $6,854/month

111 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Near a National Forest
  • Traditional Architecture
  • El Modena High School Rated A-
  • Property is near public transit
  • No HOA

About This Home

As of June 2022

Amazing Investment opportunity!!! 2 Units on a single lot. Villa Park adjacent. Huge headache free Cash Flow! Centrally located near
Schools, Parks and services. This is an opportunity to own a large lot with room for expansion of a 3rd unit in the highly desirable area of El Modena within the unincorporated city of Orange. Drive by only! Do not disturb tenants. Offered as is! Front unit is 3 bedroom 1 bath. Back unit is 4 bedroom 2 baths. The duplex is not Permitted. On title shows SFR (single family residence). Its zoned R4
Showing available only on accepted offer!
Long term Tenants will stay.

Last Agent to Sell the Property

Milica Markovic

Berkshire Hathaway HomeService License #02003395 Listed on: 10/26/2021

Berkshire Hathaway HomeService

Last Buyer's Agent

Milica Markovic

Berkshire Hathaway HomeService License #02003395 Listed on: 10/26/2021

Berkshire Hathaway HomeService

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 6,750 Sq Ft Lot
  • 1 Common Wall
  • Level Lot
  • Density is 2-5 Units/Acre

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,148 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room

Kitchen

  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • Parking Available
  • Driveway
  • Paved Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Sewer on Bond
  • Phone Connected
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 1139
  • Tax Tract Number 76
  • Assessor Parcel Number 38308272
  • $7,204 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Near a National Forest

Recreation

  • Dog Park
  • Bike Trail

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $700
  • Operating Expense $700
  • Net Operating Income $72,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: EL MEDONA
  • View: No
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 38308272
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 418.99
  • Room Type: All Bedrooms Down, All Bedrooms Up, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom

Exterior Features

  • Foundation: Concrete Perimeter, Slab
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Cement Siding, Drywall Walls

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Concrete

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Disposal, Gas & Electric Range, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Gas & Electric Dryer Hookup, Inside
  • Sewer: Sewer On Bond
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Blm/National Forest, Curbs, Dog Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 6500-9999, Level, Near Public Transit
  • Lot Size Sq Ft: 6750.00
  • Lot Size Acres: 0.1550
  • Latitude Manual: 33.79014100

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 72000.00
  • Insurance Expense: 700.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6750.0000 Square Feet
  • Net Operating Income: 72000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: No
  • Total Expenses: 700.00

Tax Info

  • Tax Lot: 1139
  • Tax Tract Number: 76/173
  • TaxOtherAnnualAssessmentAmount: 7203.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2022
Sold by
Sentinal Investment Trust Llc
Bought by
Chang Revocable Living Trust
Current Estimated Value
$1,142,173

Purchase Details

Closed on
Jan 10, 2020
Sold by
Tukhi Ahmad J and Sentenal Investment Trust
Bought by
Tukhi Ahmad J and Sentinal Investment Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 4, 2015
Sold by
Tukhi Business Group Llc
Bought by
Sentinal Investment Trust

Purchase Details

Closed on
Feb 24, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Tukhi Business Group Llc

Purchase Details

Closed on
Aug 11, 2010
Sold by
Gonzalez Imelda
Bought by
Vine Irrevocable Trust

Purchase Details

Closed on
Apr 27, 2010
Sold by
Gonzalez Imelda
Bought by
Gonzalez Imelda

Purchase Details

Closed on
Nov 2, 2009
Sold by
Gonzalez Imelda
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 16, 2008
Sold by
Gonzalez Rosa A
Bought by
Gonzalez Rosa A and The 2008 Rosa A Gonzalez Revocable Trust

Purchase Details

Closed on
May 5, 2006
Sold by
Serna Imelda Gonzalez
Bought by
Gonzalez Rosa A

Purchase Details

Closed on
Aug 24, 2005
Sold by
Serna Imelda Gonzalez
Bought by
Gonzalez Imelda

Purchase Details

Closed on
Sep 8, 2000
Sold by
Beatriz Gonzalez and Beatriz Imelda
Bought by
Gonzalez Imelda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
8.11%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 26, 2000
Sold by
Beatriz Gonzalez
Bought by
Gonzalez Beatriz and Gonzalez Imelda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
8.11%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 8, 1994
Sold by
Gonzalez Beatriz and Gonzalez Margarito
Bought by
Gonzalez Beatriz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
8.56%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Chang Revocable Living Trust $900,000 Wfg National Title
Tukhi Ahmad J -- Orange Coast Title
Sentinal Investment Trust -- Ticor Title Company Of Ca
Tukhi Business Group Llc $264,500 First American Title Ins Co
Vine Irrevocable Trust -- None Available
Gonzalez Imelda $289,986 None Available
Federal Home Loan Mortgage Corporation $371,004 Accommodation
Gonzalez Rosa A -- None Available
Gonzalez Rosa A -- None Available
Gonzalez Imelda -- First American Title Co
Gonzalez Imelda -- California Counties Title Co
Gonzalez Beatriz -- --
Gonzalez Beatriz -- World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tukhi Ahmad J $350,000
Previous Owner Gonzalez Imelda $108,000
Previous Owner Gonzalez Beatriz $123,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2022 06/02/22 Sold $900,000 +2.4% $419 / Sq Ft
06/01/2022 06/01/22 For Sale $879,000 0.0% $409 / Sq Ft
05/24/2022 05/24/22 Price Changed $879,000 0.0% $409 / Sq Ft
04/07/2022 04/07/22 Price Changed $879,000 0.0% $409 / Sq Ft
04/07/2022 04/07/22 For Sale $879,000 0.0% $409 / Sq Ft
02/14/2022 02/14/22 Pending -- -- --
10/26/2021 10/26/21 For Sale $879,000 -- $409 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $10,428 $955,087 $857,676 $97,411
2024 $10,428 $936,360 $840,859 $95,501
2023 $10,189 $918,000 $824,371 $93,629
2022 $7,407 $656,186 $570,906 $85,280
2021 $7,204 $643,320 $559,712 $83,608
2020 $7,138 $636,724 $553,973 $82,751
2019 $7,050 $624,240 $543,111 $81,129
2018 $6,944 $612,000 $532,461 $79,539
2017 $6,660 $600,000 $522,020 $77,980
2016 $4,928 $432,903 $350,364 $82,539
2015 $4,966 $426,401 $345,101 $81,300
2014 $4,864 $418,049 $338,341 $79,708
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21235988

California Regional Multiple Listing Service (CRMLS)

APN: 383-082-72