NOT LISTED FOR SALE

18891 E Center Ave Orange, CA 92869

4 Beds
2 Baths
1,593 Sq Ft
6,750 Sq Ft Lot

Last Sold January 05, 2024

Last sale price $930,000 $584 Per Sq Ft

54 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wood Fence
  • El Modena High School Rated A-
  • 2 Car Garage
  • Front Yard

About This Home

As of January 2024

Beautiful, upgraded duplex in high demand rental area. Full renovation includes interior / exterior paint, appliances, cabinets, roof, electrical, plumbing, flooring, driveway, and garage doors. Each unit has 2 bedrooms and 1 bath and its own large yard. 2 car attached garage. Laundry in both units. Both units have separate meters for all utilities (Gas, Water, and Electric). Both units have plenty of windows that allow natural light to fill the home. Blocks from El Modena high school and a short distance to public transportation and shopping centers. Centrally located to Chapman University and Santiago College. Freeway access to the 55/22 the 5, and the Toll Road. Excellent investment opportunity to live in one unit and rent out the other or rent both units for maximum cash flow.

Last Agent to Sell the Property

Joseph Sparacino

Joseph Sparacino, Broker License #01034547 Listed on: 10/22/2023

Co-Listed By

Carlo Sparacino

Joseph Sparacino, Broker License #01849499

Last Buyer's Agent

Marisol Araya

LONE HILL PROPERTIES License #01193072

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1932 | Remodeled

Lot Details

  • 6,750 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,593 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Legal Lot and Block 18 / B
  • Tax Tract Number 160
  • Assessor Parcel Number 38308228
  • $662 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,000
  • Maintenance Expense $1,000
  • New Taxes Expense $10,890
  • Operating Expense $12,890
  • Net Operating Income $51,910

Property Details

Home Type

Multi-Family

Year Built

Built in 1932 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 38308228
  • Year Built: 1932
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 583.80
  • Room Type: All Bedrooms Down, Kitchen

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Available, Water Connected
  • Laundry: Yes
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6750.00
  • Lot Size Acres: 0.1550
  • Latitude Manual: 33.78980400

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Scheduled Income: 64800.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6750.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 51910.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Range: 1
  • Number With Refrigerator: 1
  • Operating Expense: 12890.00
  • Rent Control: Yes
  • Total Actual Rent: 2200.00
  • Total Expenses: 12890.00

Tax Info

  • New Taxes Expense: 10890.00
  • Tax Block: B
  • Tax Census Tract: 219.13
  • Tax Lot: 18
  • Tax Tract Number: 160
  • TaxOtherAnnualAssessmentAmount: 662.00

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 Prior Sale
01/05/2024 01/05/24 Sold $930,000 -6.1% $584 / Sq Ft
10/22/2023 10/22/23 For Sale $990,000 +58.4% $621 / Sq Ft
01/22/2020 01/22/20 Sold $625,000 0.0% $383 / Sq Ft View Prior Sale
12/27/2019 12/27/19 For Sale $625,000 -- $383 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Joseph Sparacino

    Seller's Agent in 2024

    Joseph Sparacino

    Joseph Sparacino, Broker

    (949) 633-1063

    2 in this area

    7 Total Sales

    Joseph Sparacino
    Section Image
  • Carlo Sparacino

    Seller Co-Listing Agent in 2024

    Carlo Sparacino

    Joseph Sparacino, Broker

    (949) 241-1505

    2 in this area

    7 Total Sales

    Carlo Sparacino
    Section Image
  • Marisol Araya

    Buyer's Agent in 2024

    Marisol Araya

    LONE HILL PROPERTIES

    (626) 890-9561

    3 in this area

    18 Total Sales

    Marisol Araya
    Section Image
  • Jorge Martinez

    Seller's Agent in 2020

    Jorge Martinez

    Jam Realty

    (714) 423-1993

    4 in this area

    28 Total Sales

    Jorge Martinez
    Section Image
  • Nancy Baker

    Buyer's Agent in 2020

    Nancy Baker

    Kasey Hendley, Broker

    (562) 233-1424

    1 in this area

    3 Total Sales

    Nancy Baker
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23196579

California Regional Multiple Listing Service (CRMLS)

APN: 383-082-28

California Orange County Orange 92869

18891 E Center Ave, Orange, CA

Not Listed for Sale

MultiFamily

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