NOT LISTED FOR SALE

1914 E Grove Ave Orange, CA 92865

8 Beds
4 Baths
3,462 Sq Ft
6,534 Sq Ft Lot

Last Sold July 21, 2021

Last sale price $1,200,000 $347 Per Sq Ft

65 Days on Market

About This Home

As of July 2021

Great Residential Income Opportunity! 4 units located in the City of  Orange. All four units are leased with long term tenants but month to month. Please drive by only.  All units  feature 2 bedrooms and 1 bath. Each unit has one car garage, a separate water heater and washers/dryer.

Last Agent to Sell the Property

Teresa Knoll

First Team Real Estate North Tustin License #01746290 Listed on: 03/17/2021

Co-Listed By

Elio Cipriano

First Team Real Estate North Tustin License #01419567

Last Buyer's Agent

Nasim Ahmed

Town & Country Real Estate License #00966808

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,534 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 3,462 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 4549
  • Assessor Parcel Number 37231208

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $200
  • Insurance Expense $1,200
  • Trash Expense $68
  • Water Sewer Expense $350
  • New Taxes Expense $416
  • Operating Expense $2,234
  • Gross Income $59,400
  • Net Operating Income $2,234

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 350.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 37231208
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 346.62

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 68.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Electric Expense: 200.00
  • Gross Income: 59400.00
  • Gross Scheduled Income: 59400.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 2234.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 2234.00
  • Rent Control: No
  • Total Actual Rent: 4950.00
  • Total Expenses: 2234.00

Tax Info

  • New Taxes Expense: 416.00
  • Tax Census Tract: 758.11
  • Tax Lot: 17
  • Tax Tract Number: 4549
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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
07/21/2021 07/21/21 Sold $1,200,000 0.0% $347 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $1,200,000 -- $347 / 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 $14,275 $1,273,449 $1,151,362 $122,087
2024 $14,275 $1,248,480 $1,128,786 $119,694
2023 $13,956 $1,224,000 $1,106,652 $117,348
2022 $13,683 $1,200,000 $1,084,952 $115,048
2021 $11,371 $991,576 $848,675 $142,901
2020 $11,265 $981,409 $839,973 $141,436
2019 $11,129 $962,166 $823,503 $138,663
2018 $10,961 $943,300 $807,355 $135,945
2017 $10,517 $924,804 $791,524 $133,280
2016 $8,921 $771,590 $643,179 $128,411
2015 $8,790 $760,000 $633,517 $126,483
2014 $8,412 $726,562 $600,079 $126,483
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21056210

California Regional Multiple Listing Service (CRMLS)

APN: 372-312-08