NOT LISTED FOR SALE

2051 N Highland St Orange, CA 92865

9 Beds
8 Baths
4,480 Sq Ft
7,405 Sq Ft Lot Lot

Sale Details

Date Sold: September 16, 2015

Last sale price $990,000 $221 Per Sq Ft

76 Days on Market

About This Home

As of September 2015

The Highland apartments feature large 2 and 3 bedroom units in north Orange. This property is easily accessible to the 55 freeway, walking distance to The Village at Orange, and just a few minutes from Villa Park High School. Solid rental income is already in place, but with room to further add value. Amenities include garage parking, on-site laundry, and patios/balconies.

Last Agent to Sell the Property

Damien Breaux

Morgan Skenderian License #01460301 Listed on: 06/24/2015

Co-Listed By

Michael Sacks

Coldwell Banker Realty License #01945984

Last Buyer's Agent

Matthew Hoyt

Hoyt Real Estate, Inc. License #01426139

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 7,405 Sq Ft Lot
  • 1 Common Wall

Parking

  • 4 Car Garage
  • Parking Available
  • Single Garage Door
  • Parking Lot

Home Design

  • Property Attached

Interior Spaces

  • 4,480 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 5086
  • Assessor Parcel Number 37213215

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $1,344
  • Maintenance Expense $4,518
  • Other Expense $500
  • Trash Expense $1,896
  • Water Sewer Expense $1,896
  • New Taxes Expense $11,637
  • Gross Income $6,275
  • Net Operating Income $50,350

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

7,405 Sq Ft Lot

Parking

4

Listing Details

  • CapRate: 4.80
  • Property Attached: Yes
  • Water Sewer Expenses: 1896.00
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 37213215
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 220.98

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Parking Space, Garage - Single Door
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1896.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7405.00
  • Price Per Lot Square Foot: 133.69
  • Lot Size Acres: 0.1700

Multi Family

  • Gross Income: 6275.00
  • Gross Multiplier: 13.80
  • Gross Scheduled Income: 75300.00
  • Insurance Expense: 1344.00
  • Lot Size Area: 7405.0000 Square Feet
  • Maintenance Expense: 4518.00
  • Net Operating Income: 50350.00
  • 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: 22691.00
  • Operating Expense Percent: 30.10
  • Other Expense: 500.00
  • Other Expense Description: Admin
  • Rent Control: No
  • Total Actual Rent: 6025.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 11637.00
  • Tax Lot: 15
  • Tax Tract Number: 5086
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
09/16/2015 09/16/15 Sold $990,000 -4.7% $221 / Sq Ft
09/08/2015 09/08/15 Pending -- -- --
06/24/2015 06/24/15 For Sale $1,039,000 -- $232 / 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
2025 $15,511 $1,392,699 $1,201,820 $190,879
2024 $15,511 $1,365,392 $1,178,255 $187,137
2023 $15,166 $1,338,620 $1,155,152 $183,468
2022 $14,870 $1,312,373 $1,132,502 $179,871
2021 $14,459 $1,286,641 $1,110,296 $176,345
2020 $14,325 $1,273,449 $1,098,912 $174,537
2019 $14,148 $1,248,480 $1,077,365 $171,115
2018 $13,934 $1,224,000 $1,056,240 $167,760
2017 $13,361 $1,200,000 $1,035,529 $164,471
2016 $11,178 $990,000 $827,173 $162,827
2015 $9,618 $840,000 $655,018 $184,982
2014 $9,583 $840,000 $655,018 $184,982
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15137004

California Regional Multiple Listing Service (CRMLS)

APN: 372-132-15

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