NOT LISTED FOR SALE
6 Beds
4 Baths
3,442 Sq Ft
10,809 Sq Ft Lot

Sale Details

Date Sold: June 27, 2023

Last sale price $1,590,000 $462 Per Sq Ft

29 Days on Market

About This Home

As of June 2023

This single story fourplex on a large 10,809 sf parcel of land is located near Old Towne Circle and Chapman University. This turnkey asset features over $200k in recent renovations to the property. The current Cap Rate at 5.24% is the highest fourplex Cap Rate for sale in Orange County. Please see the OM for details.

Last Agent to Sell the Property

George Felix

CB Richard Ellis, Inc. License #01327006 Listed on: 03/16/2023

Last Buyer's Agent

Marisol Amavizca

Socal Real Estate & Mgmt Inc License #01916233

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 10,809 Sq Ft Lot
  • Lot Dimensions are 62x173

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage
  • Driveway

Interior Spaces

  • 3,442 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 390-491-13

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

10,809 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Residential Income
  • Living Area: 3442
  • Lot Acreage: 0.2500
  • Lot Dimensions: 62x173
  • Stories: 1
  • Year Built: 1957
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 463.39

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 4
  • Other Spaces: 4
  • Parking Garage: Driveway, Garage - 1 Car
  • Total Parking: 8

Lot Info

  • Assessed Improvement Percent: 12.82
  • Assessed Improvement Value: 127500
  • Assessed Land Percent: 87.18
  • Assessed Land Value: 867000
  • Total Assessed Value: 994500
  • Assessor Parcel Number: 390-491-13
  • Lot Size Area: 10809

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.98
  • Number Of Units: 4
  • Type Of Units: apartments

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
Mar 16, 2023
Closed on
Jul 12, 2023
Sold by
Bought by
Seller's Agent
George Felix
CB Richard Ellis, Inc.
Buyer's Agent
Marisol Amavizca
Socal Real Estate & Mgmt Inc
List Price
$1,595,000
Sold Price
$1,590,000
Premium/Discount to List
-$5,000
-0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$954,000
Outstanding Balance
$918,891
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2023
Closed on
Jun 21, 2023
Sold by
Bought by
Seller's Agent
George Felix
CB Richard Ellis, Inc.
Buyer's Agent
Marisol Amavizca
Socal Real Estate & Mgmt Inc
List Price
$1,595,000
Sold Price
$1,590,000
Premium/Discount to List
-$5,000
-0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$954,000
Outstanding Balance
$918,891
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2023
Closed on
Jun 8, 2023
Sold by
Bought by
Seller's Agent
George Felix
CB Richard Ellis, Inc.
Buyer's Agent
Marisol Amavizca
Socal Real Estate & Mgmt Inc
List Price
$1,595,000
Sold Price
$1,590,000
Premium/Discount to List
-$5,000
-0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$954,000
Outstanding Balance
$918,891
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 25, 2020
Closed on
Aug 26, 2020
Sold by
Bought by
Seller's Agent
Rich Thorson
Coldwell Banker Realty
Buyer's Agent
Rich Thorson
Coldwell Banker Realty
List Price
$945,000
Sold Price
$975,000
Premium/Discount to List
$30,000
3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.01%
Original Mortgage
$731,250
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 25, 2020
Closed on
Aug 7, 2020
Sold by
Bought by
Seller's Agent
Rich Thorson
Coldwell Banker Realty
Buyer's Agent
Rich Thorson
Coldwell Banker Realty
List Price
$945,000
Sold Price
$975,000
Premium/Discount to List
$30,000
3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$731,250
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2004
Sold by
Bought by

Purchase Details

Closed on
Nov 19, 1999
Sold by
Bought by

Purchase Details

Closed on
Feb 4, 1994
Sold by
Bought by
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
-- None Listed On Document
-- Chicago Title
-- Chicago Title
-- Chicago Title
-- Chicago Title
$1,590,000 Chicago Title Company
-- Chicago Title Company
-- Chicago Title Company
$975,000 Chicago Title Company
-- None Available
$315,000 American Title Co
-- American Title Co
-- Chicago Title Company
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 $954,000
Previous Owner $955,500
Previous Owner $731,250
Previous Owner $30,000
Previous Owner $105,000
Previous Owner $100,000
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 Prior Sale
06/27/2023 06/27/23 Sold $1,590,000 -0.3% $462 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $1,595,000 +63.6% $463 / Sq Ft
09/03/2020 09/03/20 Sold $975,000 +3.2% $286 / Sq Ft View Prior Sale
07/31/2020 07/31/20 Pending -- -- --
07/25/2020 07/25/20 For Sale $945,000 -- $277 / Sq Ft
Source: The MLS

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 $18,291 $1,654,236 $1,515,478 $138,758
2025 $17,886 $1,621,800 $1,485,762 $136,038
2024 $17,886 $1,590,000 $1,456,629 $133,371
2023 $11,744 $1,014,390 $884,340 $130,050
2022 $11,512 $994,500 $867,000 $127,500
2021 $11,197 $975,000 $850,000 $125,000
2020 $5,621 $442,685 $323,557 $119,128
2019 $5,559 $434,005 $317,212 $116,793
2018 $5,477 $425,496 $310,993 $114,503
2017 $5,269 $417,153 $304,895 $112,258
2016 $5,173 $408,974 $298,917 $110,057
2015 $5,024 $402,831 $294,427 $108,404
2014 $4,917 $394,941 $288,660 $106,281
Source: Public Records

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Map

Source: The MLS

MLS Number: 23-251609

The MLS

APN: 390-491-13

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