NOT LISTED FOR SALE

1914 E Grove Ave Orange, CA 92865

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

Sale Details

Date 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

First Team Real Estate North Tustin

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

Town & Country Real Estate
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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 in unit

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

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

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

6,534 Sq Ft Lot

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
Jun 8, 2021
Sold by
Rivero Family Trust and Rivero Jaime E
Bought by
Seller's Agent
Teresa Knoll
First Team Real Estate North Tustin
Buyer's Agent
Nasim Ahmed
Town & Country Real Estate
List Price
$1,200,000
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$531,846
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2009
Sold by
Rivero Jaime E and Rivero Martha E
Bought by
Rivero Jaime E and Rivero Martha E

Purchase Details

Closed on
Aug 18, 2004
Sold by
Gudino Zepeda Adelberto and Gudino Marta
Bought by
Rivero Jaime E and Rivero Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,950
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2001
Sold by
Gudino Zapeda Adalberto and Gudino Marta G
Bought by
Gudino Zepeda Adalberto and Gudino Marta G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gudino Zepeda Adalberto and Gudino Marta G

Purchase Details

Closed on
Jul 1, 1996
Sold by
Connor James E and Connor Mary C
Bought by
G E Capital Mtg Services Inc

Purchase Details

Closed on
Jun 20, 1996
Sold by
Ge Capital Mtg Services Inc
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Orange, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,200,000 Orange Coast Title
Rivero Jaime E -- None Available
Rivero Jaime E $770,000 New Century Title Company
Gudino Zepeda Adalberto -- American Title Co
Gudino Zepeda Adalberto $195,000 First American Title Co
G E Capital Mtg Services Inc $180,000 Chicago Title Co
Federal Home Loan Mortgage Corporation -- Chicago Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $600,000
Previous Owner Rivero Jaime E $499,950
Previous Owner Gudino Zepeda Adalberto $250,000
Previous Owner Gudino Zepeda Adalberto $188,088
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $14,601 $1,298,917 $1,174,389 $124,528
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

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