NOT LISTED FOR SALE

1904 E Del Mar Ave Orange, CA 92865

9 Beds
8 Baths
4,302 Sq Ft
8,276 Sq Ft Lot

Last Sold January 31, 2017

Last sale price $1,080,000 $251 Per Sq Ft

102 Days on Market

Highlights

  • Balcony
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Villa Park High School Rated A
  • Living Room

About This Home

As of January 2017

Attention!!! Back to the market with a price reduction. Calling All Investor's & Buyers. This Rental Income Property Is 100% Occupied And Has Potential For Buyer To Live In One Unit And Rent Out The Other 3 For good Income. Great For A Buyer Considering Supplementing Retirement Income. Great Cash Flow From Day One Of Ownership. Potential For Rents To Be Raised. Great desirable location with a large lot, Close to Free-way Park Shopping & Schools. Its is in Orange unified school district.
Large units including unit A- 3 bedroom/ 2 bath in a Great condition with a large private Backyard. Unit B- 2 bedroom/ 2 bath with a large backyard.
Unit C- 2 bedroom/ 2 bath with a nice size Balcony. Unit D- 2 bedroom/ 2 bath with a nice size Balcony. Building has 5 single garages with newer doors. Unit A with 3 Bedrooms gets 2 garages and one car garage for the rest of the units. good income from the laundry room.
Its is good income opportunity for first time buyer and investors you don't want to miss it. Excellent school district and location.

Last Agent to Sell the Property

Sam Rizk

Realty One Group West License #01263279 Listed on: 10/07/2016

Realty One Group West

Last Buyer's Agent

Pedro Aguilar

CASAMERICA REALTORS, INC. License #01797296

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 8,276 Sq Ft Lot
  • No Common Walls

Parking

  • 5 Car Garage
  • Parking Available
  • Unassigned Parking

Interior Spaces

  • 4,302 Sq Ft Home
  • 2-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 5086
  • Assessor Parcel Number 37213109

Community Details

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $42
  • Insurance Expense $133
  • Trash Expense $55
  • Water Sewer Expense $130
  • New Taxes Expense $800
  • Operating Expense $1,160
  • Gross Income $74,340
  • Net Operating Income $60,420

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Parking

5

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 130.00
  • Property Type: Residential Income
  • Parcel Number: 37213109
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Balcony, Unfurnished
  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 251.05
  • Room Type: Kitchen, Laundry, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community, Outside
  • Sewer: Sewer Paid
  • Trash Expense: 55.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8276.00

Multi Family

  • Electric Expense: 42.00
  • Gross Income: 74340.00
  • Gross Scheduled Income: 74340.00
  • Insurance Expense: 133.00
  • Laundry Income: 120.00
  • Net Operating Income: 60420.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 13920.00
  • Rent Control: No
  • Total Expenses: 1160.00

Tax Info

  • New Taxes Expense: 800.00
  • Tax Census Tract: 758.11
  • Tax Lot: 21
  • Tax Tract Number: 5086
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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
01/31/2017 01/31/17 Sold $1,080,000 -6.0% $251 / Sq Ft
01/17/2017 01/17/17 Pending -- -- --
12/19/2016 12/19/16 Price Changed $1,148,888 -4.2% $267 / Sq Ft
10/07/2016 10/07/16 For Sale $1,198,888 -- $279 / 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 $14,068 $1,253,430 $1,070,219 $183,211
2024 $14,068 $1,228,853 $1,049,234 $179,619
2023 $13,753 $1,204,758 $1,028,660 $176,098
2022 $13,484 $1,181,136 $1,008,490 $172,646
2021 $13,112 $1,157,977 $988,716 $169,261
2020 $12,991 $1,146,104 $978,578 $167,526
2019 $12,831 $1,123,632 $959,390 $164,242
2018 $12,637 $1,101,600 $940,578 $161,022
2017 $8,453 $725,113 $563,870 $161,243
2016 $8,293 $710,896 $552,814 $158,082
2015 $8,172 $700,218 $544,510 $155,708
2014 $7,999 $686,502 $533,844 $152,658
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16720361

California Regional Multiple Listing Service (CRMLS)

APN: 372-131-09