NOT LISTED FOR SALE

2306 Iris Ct Fullerton, CA 92833

6 Beds
3 Baths
3,564 Sq Ft
8,276 Sq Ft Lot

Last Sold January 13, 2017

Last sale price $777,000 $218 Per Sq Ft

55 Days on Market

About This Home

As of January 2017

Great Investment Opportunity, Single level four units with good upside on the rent. Each unit has 2 bedrooms and 1 full Bath. Inside laundry with private hookups and private courtyard. Each unit has a garages. All units are occupied Easy to rent and manage.

Last Agent to Sell the Property

Jenice Park

Coldwell Banker Best Realty License #01318591 Listed on: 09/13/2016

Coldwell Banker Best Realty

Last Buyer's Agent

Jenice Park

Coldwell Banker Best Realty License #01318591 Listed on: 09/13/2016

Coldwell Banker Best Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 8,276 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 6 Parking Spaces

Interior Spaces

  • 3,564 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 3088
  • Assessor Parcel Number 07147150

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,265
  • Trash Expense $472
  • Water Sewer Expense $4,850
  • New Taxes Expense $7,587
  • Net Operating Income $42,891

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 4850.00
  • Property Type: Residential Income
  • Parcel Number: 07147150
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 218.01

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 472.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8276.00

Multi Family

  • Gross Scheduled Income: 55800.00
  • Insurance Expense: 1265.00
  • Net Operating Income: 42891.00
  • 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 With Disposal: 4
  • Number With Patio: 4
  • Operating Expense: 12909.00
  • Rent Control: No
  • Total Actual Rent: 4.00

Tax Info

  • New Taxes Expense: 7587.00
  • Tax Census Tract: 18.02
  • Tax Lot: 2
  • Tax Tract Number: 03088

Range of Values:

--
Value Increase
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Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2017 01/13/17 Sold $777,000 -2.9% $218 / Sq Ft
11/07/2016 11/07/16 Pending -- -- --
09/13/2016 09/13/16 For Sale $799,900 -- $224 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $10,504 $901,771 $793,469 $108,302
2024 $10,504 $884,090 $777,911 $106,179
2023 $10,246 $866,755 $762,657 $104,098
2022 $10,168 $849,760 $747,703 $102,057
2021 $9,995 $833,099 $733,043 $100,056
2020 $9,938 $824,557 $725,526 $99,031
2019 $9,691 $808,390 $711,300 $97,090
2018 $9,547 $792,540 $697,353 $95,187
2017 $7,958 $645,084 $548,242 $96,842
2016 $7,798 $632,436 $537,492 $94,944
2015 $7,587 $622,937 $529,419 $93,518
2014 $7,373 $610,735 $519,048 $91,687
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16701026

California Regional Multiple Listing Service (CRMLS)

APN: 071-471-50