NOT LISTED FOR SALE

2024 E Stearns Ave Orange, CA 92866

5 Beds
4 Baths
2,300 Sq Ft
6,970 Sq Ft Lot

Last Sold November 12, 2020

Last sale price $900,000 $391 Per Sq Ft

140 Days on Market

Highlights

  • Lawn
  • No HOA
  • Cul-De-Sac
  • El Modena High School Rated A-
  • 4 Car Direct Access Garage
  • Laundry Room

About This Home

As of November 2020

2024 E. Stearns is a 3BR 2BA single story unit with a two-car attached garage with direct access and garage door opener. Laundry hookups are inside the garage. It features a fenced back yard with sprinklers, central air conditioning and gas cooking in the kitchen. 2028 E. Stearns is a 2BR 2BA single story unit with a two car-attached garage with direct access and a garage door opener. Laundry hookups are inside the garage. This unit also features a fenced back yard, central air, and gas cooking in the kitchen. There is 1 shared wall down the middle of the units. Each unit has a concrete driveway in front of the garage that will accommodate two cars. There is a shared entry courtyard, with the two front doors on either side of that courtyard. The property is located at the end of a cul-de-sac. There is easy frwy access to 22, 55, 57, and 5 frwys. Close proximity to St. Joseph's & CHOC Hospitals, and Santa Ana Mainplace Mall. **Pictures depict property vacant before current tenants took possession.**

Last Agent to Sell the Property

Jon Polentz

JP Real Estate Services, Inc. License #00894885 Listed on: 03/26/2020

Last Buyer's Agent

ALFA LOPEZ

COLDWELL BANKER TOWN & COUNTRY License #01487668

COLDWELL BANKER TOWN & COUNTRY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 6,970 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Wood Fence
  • Lawn

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,300 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 8
  • Tax Tract Number 8871
  • Assessor Parcel Number 39019234

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gardener Expense $1,200
  • Insurance Expense $1,492
  • Maintenance Expense $780
  • Trash Expense $336
  • Water Sewer Expense $792
  • New Taxes Expense $11,400
  • Operating Expense $16,000
  • Gross Income $54,000
  • Net Operating Income $38,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 4.00
  • Property Attached: Yes
  • Water Sewer Expenses: 792.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 39019234
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Levels: One
  • Price Per Square Foot: 391.30

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete, Garage, Garage Faces Front
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 336.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Lawn
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 54000.00
  • Gross Scheduled Income: 54000.00
  • Insurance Expense: 1492.00
  • Lot Size Area: 6970.0000 Square Feet
  • Maintenance Expense: 780.00
  • Net Operating Income: 38000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 16000.00
  • Rent Control: Yes
  • Total Actual Rent: 4500.00
  • Total Expenses: 16000.00

Tax Info

  • New Taxes Expense: 11400.00
  • Tax Census Tract: 758.06
  • Tax Lot: 8
  • Tax Tract Number: 8871

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 List to Sale Price per Sq Ft
11/12/2020 11/12/20 Sold $900,000 -2.7% $391 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
06/05/2020 06/05/20 Price Changed $924,900 -2.6% $402 / Sq Ft
03/26/2020 03/26/20 For Sale $949,900 0.0% $413 / Sq Ft
10/19/2013 10/19/13 Rented $1,995 -13.1% --
10/03/2013 10/03/13 Under Contract -- -- --
08/08/2013 08/08/13 For Rent $2,295 -- --
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: PW20064613

California Regional Multiple Listing Service (CRMLS)

APN: 390-192-34