NOT LISTED FOR SALE

1914 E Rose Ave Orange, CA 92867

7 Beds
3 Baths
2,870 Sq Ft
6,970 Sq Ft Lot

Last Sold August 18, 2016

Last sale price $715,000 $249 Per Sq Ft

12 Days on Market

Highlights

  • Private Yard
  • Cooling System Mounted To A Wall/Window
  • Landscaped
  • No HOA
  • Laundry Room
  • Wood Fence

About This Home

As of August 2016

Bread and butter triplex in the city of Orange! Unit Mix: 1) 3 bedroom, 1 bath with 1 car attached garage with laundry hook-ups in the garage and direct access to the unit; 2) 2 bedroom, 1 bath with laundry hook-ups in the kitchen; 3) 2 bedroom, 1 bath with laundry hook-ups in the kitchen. The two 2 bedroom units share a 2 car attached garage and have dishwashers in the kitchen. All units have carpet and vinyl flooring throughout and spacious back patio areas with a large side yard with grass for the back unit. The 3 bedroom unit has a wood-burning fireplace in the living room. One of the 2 bedroom units has upgraded cabinets and a stainless steel sink in the kitchen. All units are separately metered for gas and electricity, which the tenants pay. Landlord only pays water and trash. Each unit has its own hot water heater. There is street parking in addition to the garage and driveway, and the landscaping has been beautifully maintained. All units are occupied by tenants on month-to-month leases. Huge potential to increase rents as units are updated. Wonderful opportunity to start or add to your investment portfolio! Property is drive-by only and all accepted offers will be subject to inspection. Please do not walk on the property or disturb the tenants.

Last Agent to Sell the Property

Richard Kato, CCIM, CFP

KW College Park License #00775573 Listed on: 07/07/2016

KW College Park

Co-Listed By

Kelly O'Quinn

LS Real Estate Inc. License #01958085

Last Buyer's Agent

Caryn Kay

Beach Cities Properties, Inc. License #01447644

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 6,970 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Lawn

Parking

  • 3 Car Garage

Home Design

  • Property Attached
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,870 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace

Kitchen

  • Gas Range
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry in Kitchen

Outdoor Features

  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 3548
  • Assessor Parcel Number 38618210

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,137
  • Trash Expense $460
  • Water Sewer Expense $1,487
  • New Taxes Expense $8,388
  • Gross Income $3,969
  • Net Operating Income $36,822

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Inclusions: Seller owned A/C and Appliances
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Rose Tract
  • Water Sewer Expenses: 1487.00
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 38618210
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 249.13
  • Room Type: Family Room

Exterior Features

  • Foundation: Slab
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 9.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range, Gas Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage, In Kitchen
  • Trash Expense: 460.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Lawn, Landscaped, Level with Street, Sprinkler System, Yard
  • Lot Size Sq Ft: 6970.00
  • Price Per Lot Square Foot: 102.58

Multi Family

  • Gross Income: 3969.00
  • Gross Scheduled Income: 47621.00
  • Insurance Expense: 1137.00
  • Net Operating Income: 36822.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 10799.00
  • Rent Control: No
  • Total Actual Rent: 48180.00

Tax Info

  • New Taxes Expense: 8388.00
  • Tax Lot: 12
  • Tax Tract Number: 3548

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
08/18/2016 08/18/16 Sold $715,000 +2.3% $249 / Sq Ft
07/19/2016 07/19/16 Pending -- -- --
07/07/2016 07/07/16 For Sale $699,000 -- $244 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG16147826

California Regional Multiple Listing Service (CRMLS)

APN: 386-182-10