NOT LISTED FOR SALE

2111 W Palmyra Ave Orange, CA 92868

5 Beds
4 Baths
2,840 Sq Ft
7,405 Sq Ft Lot

Last Sold August 12, 2022

Last sale price $1,240,000 $437 Per Sq Ft

41 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • No HOA
  • Laundry Room

About This Home

As of August 2022

Beautiful Pride of Ownership Triplex in the City of Orange meticulously maintained. Property consists of one 3BR / 2BA with fireplace, and two 1BR / 1BA townhome style units. Property has major renovations including Presidential roof shingles, Blue Pearl Granite countertops, KraftMaid kitchen cabinets, backsplash, upgraded bathrooms and flooring, new garage door, and newer dryer in income producing laundry room. Long term tenants. Convenient location near freeways, Chapman University, St. Joseph's Hospital, and CHOC hospital. 3 enclosed garages plus additional on-site parking. Plenty of upside in rents!
Per owner, the 3BR unit is 1,340 sq ft, and both 1BR units are 750 sq ft each. Buyer to evaluate and and make their own determination on square footage. Offer subject to interior inspection.

Last Agent to Sell the Property

Carlo Sparacino

Joseph Sparacino, Broker License #01849499 Listed on: 06/02/2022

Co-Listed By

Joseph Sparacino

Joseph Sparacino, Broker License #01034547

Last Buyer's Agent

David Abu

Coastline West Realty License #01000639

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Two Garage Doors

Interior Spaces

  • 2,840 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Suburban Location
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 5
  • Tax Tract Number 3410
  • Assessor Parcel Number 39022228
  • $749 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $90
  • Fuel Expense $1,200
  • Gardener Expense $500
  • Insurance Expense $1,200
  • Trash Expense $600
  • Water Sewer Expense $1,400
  • Operating Expense $19,180
  • Gross Income $53,400
  • Net Operating Income $33,020

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

3

Listing Details

  • Other Phone Description: 9492411505
  • Other Phone Number: 9496331063
  • Price Per Unit: 430000
  • Property Attached: No
  • Water Sewer Expenses: 1400.00
  • Property Type: Residential Income
  • Gardener Expense: 500.00
  • Parcel Number: 39022228
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Fireplace Features: Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 436.62

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Single Door, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Sewer Paid
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 90.00
  • Fuel Expense: 1200.00
  • Gross Income: 53400.00
  • Gross Scheduled Income: 52200.00
  • Insurance Expense: 1200.00
  • Laundry Income: 1200.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 33020.00
  • 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: 19180.00
  • Rent Control: Yes
  • Total Actual Rent: 4350.00
  • Total Expenses: 19180.00

Tax Info

  • Tax Census Tract: 760.01
  • Tax Lot: 5
  • Tax Tract Number: 3410
  • TaxOtherAnnualAssessmentAmount: 749.00

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
08/12/2022 08/12/22 Sold $1,240,000 -3.9% $437 / Sq Ft
06/02/2022 06/02/22 For Sale $1,290,000 -- $454 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22117640

California Regional Multiple Listing Service (CRMLS)

APN: 390-222-28