NOT LISTED FOR SALE
7 Beds
5 Baths
3,894 Sq Ft
9,148 Sq Ft Lot

Sale Details

Date Sold: August 1, 2016

Last sale price $975,000 $250 Per Sq Ft

2 Days on Market

About This Home

As of August 2016

is pleased to exclusively offer the sale of a fourplex located in Anaheim. The complex has an attractive unit mix and is located in a highly desirable area in East Anaheim. Property includes Two 1B/1BA, one 2B/1BA, and one 3B/2BA. The unit sizes are large, and the property is a single story construction with pitches roofs. It is separately metered for gas and electric. The unit layout is spacious and provides many special upgrades and touches throughout the units. This opportunity offers an investor the ability to attain desirable residential financing. This fourplex is a portfolio sale and can be sold separately or in conjunction with the eight units located on 2120-216 E Almont Ave. This 8 unit is two separate fourplex's that are contiguous and share a common courtyard.

This is the first time this property is on the market in 50 years. The owner has taken pride in maintaining the building. Please do not disturb the tenants.

Last Agent to Sell the Property

Sheil Stampwala

Marcus & Millichap RE Invest License #01859094 Listed on: 05/26/2016

Last Buyer's Agent

Gregg Horvath

R.L.M. Equities License #01007015

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 9,148 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 6 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 3,894 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Laundry

  • Leased Washer and Dryer

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 3
  • Tax Tract Number 4757
  • Assessor Parcel Number 25321103

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $348
  • Gardener Expense $720
  • Insurance Expense $964
  • Maintenance Expense $2,000
  • Other Expense $250
  • Water Sewer Expense $1,014
  • New Taxes Expense $11,201
  • Gross Income $5,349
  • Net Operating Income $45,929

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

9,148 Sq Ft Lot

Parking

6

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1014.00
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 25321103
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 250.39

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9148.00
  • Price Per Lot Square Foot: 106.58

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Average1 Bed Area: 800
  • Average2 Bed Area: 1000
  • Average3 Bed Area: 1300
  • Electric Expense: 348.00
  • Gross Income: 5349.00
  • Gross Scheduled Income: 64190.00
  • Insurance Expense: 964.00
  • Laundry Equipment Own Lease: Lease
  • Maintenance Expense: 2000.00
  • Net Operating Income: 45929.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 18261.00
  • Other Expense: 250.00
  • Other Expense Description: MISC
  • Rent Control: No

Tax Info

  • New Taxes Expense: 11201.00
  • Tax Lot: 3
  • Tax Tract Number: 4757

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
May 26, 2016
Closed on
Jun 8, 2016
Sold by
Orange Second Llc
Bought by
Seller's Agent
Sheil Stampwala
Marcus & Millichap RE Invest
Buyer's Agent
Gregg Horvath
R.L.M. Equities
List Price
$975,000
Sold Price
$975,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
3.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 18, 2004
Sold by
Orange Second Lc
Bought by
Orange Second Llc

Purchase Details

Closed on
Aug 13, 1998
Sold by
Mccain Ronald E and Mccain Louise B
Bought by
Orange Second Lc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$975,000 First American Title Company
Orange Second Llc -- --
Orange Second Lc -- --
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 $511,000
Closed Bamattre California Properties $239,000
Previous Owner Bamattre California Properties Lp $585,000
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
08/01/2016 08/01/16 Sold $975,000 0.0% $250 / Sq Ft
05/28/2016 05/28/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $975,000 -- $250 / 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 $13,967 $1,154,199 $991,821 $162,378
2025 $13,266 $1,131,568 $972,373 $159,195
2024 $13,266 $1,109,381 $953,307 $156,074
2023 $12,986 $1,087,629 $934,615 $153,014
2022 $12,820 $1,066,303 $916,289 $150,014
2021 $12,841 $1,045,396 $898,323 $147,073
2020 $12,788 $1,034,677 $889,112 $145,565
2019 $12,410 $1,014,390 $871,679 $142,711
2018 $12,155 $994,500 $854,587 $139,913
2017 $11,680 $975,000 $837,830 $137,170
2016 $7,359 $572,960 $437,788 $135,172
2015 $7,890 $564,354 $431,212 $133,142
2014 $6,860 $553,300 $422,766 $130,534
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16113061

California Regional Multiple Listing Service (CRMLS)

APN: 253-211-03

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