NOT LISTED FOR SALE

217 S Flower Ave Brea, CA 92821

3 Beds
3 Baths
4,312 Sq Ft
6,970 Sq Ft Lot

Last Sold October 05, 2023

Last sale price $1,900,000 $441 Per Sq Ft

59 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Laundry Room
  • Laurel Elementary Magnet School of Innovation & Career Exploration Rated A-
  • 6 Car Direct Access Garage
  • 1-minute walk to Lagos De Moreno Park

About This Home

As of October 2023

Fantastic Triplex near downtown Brea! Each unit has 2 bedrooms plus a loft and 2.5 baths. There are 3, 2 car garages with direct access to each unit and Washer/Dryer hookups. Effective build date is 2001 per appraiser. Each unit is approximately 1404 sq ft, not including garage space. All tenants are on month to month leases. Each unit is equipped with Gas range, disposal, dishwasher and microwaves. There is central air and heat and separate meters. Located close to shopping restaurants, theaters, schools and freeway access.

Last Agent to Sell the Property

Barbara Kerr

BK Platinum Properties License #00386474 Listed on: 07/17/2023

Last Buyer's Agent

Eric Rustigian

Ava Properties License #01226889

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2001

Lot Details

  • 6,970 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 6 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 4,312 Sq Ft Home
  • 3-Story Property
  • Neighborhood Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 3 / 12
  • Tax Tract Number 142
  • Assessor Parcel Number 31929222
  • $776 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gardener Expense $1,800
  • Insurance Expense $4,000
  • Trash Expense $833
  • Operating Expense $6,633
  • Gross Income $86,400
  • Net Operating Income $79,767

Property Details

Home Type

Multi-Family

Year Built

Built in 2001

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • Price Per Unit: 700000
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 31929222
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 3
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 440.63
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 833.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average3 Bed Area: 1404 Square Feet
  • Gross Income: 86400.00
  • Gross Operating Income: 86400.00
  • Gross Scheduled Income: 86400.00
  • Insurance Expense: 4000.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 79767.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Operating Expense: 6633.00
  • Rent Control: Yes
  • Total Actual Rent: 84600.00
  • Total Expenses: 6633.00

Tax Info

  • Tax Block: 12
  • Tax Census Tract: 15.04
  • Tax Lot: 3
  • Tax Tract Number: 142
  • TaxOtherAnnualAssessmentAmount: 776.00

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 Change Sq Ft Price
10/05/2023 10/05/23 Sold $1,900,000 -9.5% $441 / Sq Ft
07/17/2023 07/17/23 For Sale $2,100,000 -- $487 / Sq Ft
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: PW23121677

California Regional Multiple Listing Service (CRMLS)

APN: 319-292-22