NOT LISTED FOR SALE

193 S Hamlin St Orange, CA 92869

9 Beds
4 Baths
4,350 Sq Ft
7,841 Sq Ft Lot

Last Sold February 18, 2022

Last sale price $1,585,000 $364 Per Sq Ft

42 Days on Market

Highlights

  • No HOA
  • El Modena High School Rated A-
  • Laundry Room

About This Home

As of February 2022

One of the finest areas of Orange. It is a pride of ownership area with a very practical unit Mix offering very consistent tenants for a healthy period of time. It has 1 3 Bd/1 bath and 3 of them 2BD/1 Bath. Rents are below market offering upside of Income.
There is a good possibility of adding one more unit.

Last Agent to Sell the Property

J.R. Shah

Century 21 Discovery License #01116918 Listed on: 11/07/2021

Century 21 Discovery

Last Buyer's Agent

J.R. Shah

Century 21 Discovery License #01116918 Listed on: 11/07/2021

Century 21 Discovery

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 7,841 Sq Ft Lot
  • 1 Common Wall
  • Density is 11-15 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Apartment

Interior Spaces

  • 4,350 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 8
  • Tax Tract Number 4048
  • Assessor Parcel Number 39341208
  • $1,069 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,200
  • Insurance Expense $2,200
  • Trash Expense $3,500
  • Water Sewer Expense $2,400
  • Operating Expense $31,900
  • Gross Income $96,000
  • Net Operating Income $59,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: R3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 39341208
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 364.37

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Sewer Paid
  • Trash Expense: 3500.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 975 Square Feet
  • Average3 Bed Area: 1475 Square Feet
  • Electric Expense: 1200.00
  • Gross Operating Income: 96000.00
  • Gross Scheduled Income: 91000.00
  • Insurance Expense: 2200.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 59100.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 31900.00
  • Rent Control: No
  • Total Actual Rent: 7319.00
  • Total Expenses: 31900.00

Tax Info

  • Tax Census Tract: 219.14
  • Tax Lot: 8
  • Tax Tract Number: 4048
  • TaxOtherAnnualAssessmentAmount: 1069.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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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
02/18/2022 02/18/22 Sold $1,585,000 +0.6% $364 / Sq Ft
11/07/2021 11/07/21 For Sale $1,575,000 -- $362 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $18,606 $1,682,014 $1,464,467 $217,547
2024 $18,606 $1,649,034 $1,435,752 $213,282
2023 $18,193 $1,616,700 $1,407,600 $209,100
2022 $9,878 $831,382 $664,054 $167,328
2021 $9,611 $815,081 $651,033 $164,048
2020 $9,522 $806,724 $644,358 $162,366
2019 $9,409 $790,906 $631,723 $159,183
2018 $9,268 $775,399 $619,337 $156,062
2017 $8,899 $760,196 $607,194 $153,002
2016 $8,732 $745,291 $595,289 $150,002
2015 $8,604 $734,097 $586,348 $147,749
2014 $8,420 $719,718 $574,863 $144,855
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21244414

California Regional Multiple Listing Service (CRMLS)

APN: 393-412-08