NOT LISTED FOR SALE

1904 E Grove Ave Orange, CA 92865

8 Beds
4 Baths
3,462 Sq Ft
6,553 Sq Ft Lot

Last Sold May 03, 2012

Last sale price $665,000 $192 Per Sq Ft

48 Days on Market

Highlights

  • Traditional Architecture
  • Laundry Room
  • No Heating
  • Villa Park High School Rated A
  • Tile Flooring

About This Home

As of May 2012

Rarely available 4-plex in strong rental area of Orange. Great location near everything! Low vacancy rate, always rented, high income. This low maintenance single level building is in good condition. New exterior paint, newer roof, plumbing has been updated. All units have nice tile floors. Two front units have courtyards, two back units have an extra room that can be used as third bedroom. All units have interior laundry and one car garage. These buildings do not come up for sale very often, this is an opportunity for an investor that wants an easy property to manage, good cash flow with long term tenants. Rents are actual. Great time to buy!

Last Agent to Sell the Property

Jennifer Dejong

CENTURY 21 Affiliated License #01271610 Listed on: 01/21/2012

Last Buyer's Agent

Ed Diaz

Vanguard Property Group License #01022469

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,553 Sq Ft Lot
  • Lot Dimensions are 60x109

Parking

  • 4 Parking Spaces

Home Design

  • Traditional Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,462 Sq Ft Home
  • Tile Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Utilities

  • No Heating

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Tract Number 4549
  • Assessor Parcel Number 37231209

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $360
  • Insurance Expense $1,076
  • Trash Expense $617
  • Water Sewer Expense $1,200
  • New Taxes Expense $6,790
  • Gross Income $4,700
  • Net Operating Income $46,357

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 6.83
  • View: No
  • Water Sewer Expenses: 1200.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 360.00
  • Parcel Number: 37231209
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 192.09

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup
  • Trash Expense: 617.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 60x109
  • Lot Size Sq Ft: 6553.00
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 4700.00
  • Gross Multiplier: 12.04
  • Gross Scheduled Income: 56400.00
  • Insurance Expense: 1076.00
  • Lot Size Area: 6553.0000 Square Feet
  • Net Operating Income: 46357.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 10043.00

Tax Info

  • New Taxes Expense: 6790.00
  • Tax Area: 08002
  • Tax Lot: 0.
  • Tax Tract Number: 4549

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 Change Sq Ft Price
05/03/2012 05/03/12 Sold $665,000 -2.1% $192 / Sq Ft
03/09/2012 03/09/12 Pending -- -- --
01/21/2012 01/21/12 For Sale $679,000 -- $196 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jennifer Dejong

    CENTURY 21 Affiliated

  • Ed Diaz

    Buyer's Agent in 2012

    Ed Diaz

    Vanguard Property Group

    (714) 900-0169

    3 in this area

    30 Total Sales

    Ed Diaz
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S685613

California Regional Multiple Listing Service (CRMLS)

APN: 372-312-09

California Orange County Orange 92865

1904 E Grove Ave, Orange, CA

This home is located at 1904 E Grove Ave, Orange, CA 92865 since 21 January 2012. This property was built in 1963. 1904 E Grove Ave is a home located in Orange County with nearby schools including Taft Elementary School, Cerro Villa Middle School, and Villa Park High School.

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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