$1,675,000
SOLD MAR 21, 2022
8 Beds
7 Baths
4,213 Sq Ft
7,938 Sq Ft Lot

Recently Sold

$398 Per Sq Ft

129% Above List Price

63 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Laundry Room
  • El Modena High School Rated A-
  • Double Pane Windows
  • Tile Flooring

About This Home

As of March 2022

Covington style 4 plex in North East Santa Ana within the Orange Unified School District. This is a very high demand family neighborhood close to the #55 and the #5 Freeways. The units consist of (1) 3 Bedroom, 2 bath, (2) 2 bedroom, 2 bath and (1) 1 bedroom, 1 bath. All NEW WINDOWS. The units all have large patios or balconies. Each unit has their own private enclosed garage, rear driveway has new blacktop, and there is also ample open parking. All units have been updated, and are in good condition. The 3 bedroom unit is over 1,400sf and is an ideal owner-occupant apartment that feels and looks like a single family home, with no one above or below. It has a new forced air furnace and a/c & has been beautifully remodeled. The laundry room appliances are owned (not leased) and are included. The property is within walking distance of shopping & restaurants.

Last Agent to Sell the Property

Herb Dittrick

Orange County Realty Co License #00582923 Listed on: 11/17/2021

Co-Listed By

Lavonne Vojak

Orange County Realty Co License #01229898

Last Buyer's Agent

Sherri Foster

Homebird Realty License #00800898

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969 | Remodeled

Lot Details

  • 7,938 Sq Ft Lot
  • 1 Common Wall
  • Density is 16-20 Units/Acre

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Contemporary Architecture
  • Property Attached
  • Shingle Roof
  • Asbestos Shingle Roof

Interior Spaces

  • 4,213 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Suburban Location

Utilities

  • Central Heating
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 6
  • Tax Tract Number 6678
  • Assessor Parcel Number 39613133
  • $1 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $840
  • Fuel Expense $1,260
  • Gardener Expense $720
  • Insurance Expense $1,500
  • Trash Expense $1,320
  • Water Sewer Expense $1,980
  • Operating Expense $26,739
  • Gross Income $85,047
  • Net Operating Income $58,233

Property Details

Home Type

Multi-Family

Year Built

Built in 1969 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: 949 702 0594
  • Other Phone Number: 949 395 7475
  • Price Per Unit: 424975
  • Property Attached: Yes
  • Water Sewer Expenses: 1980.00
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 39613133
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 397.58
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No
  • Roof: Asbestos Shingle, Shingle

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: Common Area, Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 1320.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 7938.00
  • Lot Size Acres: 0.1822

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 750 Square Feet
  • Average2 Bed Area: 1030 Square Feet
  • Average3 Bed Area: 1403 Square Feet
  • Electric Expense: 840.00
  • Fuel Expense: 1260.00
  • Gross Income: 85047.00
  • Gross Scheduled Income: 85047.00
  • Insurance Expense: 1500.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 1575.00
  • Lot Size Area: 7938.0000 Square Feet
  • Net Operating Income: 58233.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 26739.00
  • Operating Expense Percent: 31.50
  • Rent Control: Yes
  • Total Expenses: 26739.00

Tax Info

  • Tax Area: 11036
  • Tax Lot: 6
  • Tax Tract Number: 6678
  • TaxOtherAnnualAssessmentAmount: 1.00

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
05/05/2023 05/05/23 Rented $2,600 0.0% --
04/16/2023 04/16/23 For Rent $2,600 0.0% --
03/21/2022 03/21/22 Sold $1,675,000 -1.5% $398 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
12/14/2021 12/14/21 Price Changed $1,699,900 -0.6% $403 / Sq Ft
12/10/2021 12/10/21 Price Changed $1,709,900 -1.1% $406 / Sq Ft
11/21/2021 11/21/21 Price Changed $1,729,000 +136.9% $410 / Sq Ft
11/17/2021 11/17/21 For Sale $729,900 -14.1% $173 / Sq Ft
03/07/2013 03/07/13 Sold $850,000 0.0% $202 / Sq Ft
01/26/2013 01/26/13 Pending -- -- --
01/24/2013 01/24/13 For Sale $850,000 -- $202 / 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: OC21245793

California Regional Multiple Listing Service (CRMLS)

APN: 396-131-33