Seller's Agent in 2022
Norb Kohler
Zutila, Inc
(714) 600-4061
7 in this area
37 Total Sales
234 W Mayfair Ave Orange, CA 92867
4
Beds
4
Baths
2,500
Sq Ft
7,562
Sq Ft Lot
Highlights
- No HOA
- Space Heater
- 1-Story Property
- Cooling System Mounted To A Wall/Window
About This Home
As of May 2022This is your chance to own a 4 plex multi family unit in the heart of Orange with solid, reliable tenants, 3 of which are Section 8. Never experienced Section 8...? just imagine rent being paid monthly by automatic deposit by the County... rain or shine, pandemic, no pandemic... you get paid. Current Section 8 tenants are under the max benefit, receiving 82% benefit each pay period. Additionally, these units can be raised to $1800 -$1900 / month at the next cycle, two which are June & July... FANTASTIC opportunity with secure income. Reason for sale is partner is aging out and ready to retire at 88.
Last Buyer's Agent
Irma Ortiz-Rodriguez
Keller Williams SELA License #04/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955
Lot Details
- 7,562 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Home Design
- Property Attached
Interior Spaces
- 2,500 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Location
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Space Heater
Listing and Financial Details
- Tenant pays for electricity, gas, insurance
- Tax Lot 1
- Tax Tract Number 1956
- Assessor Parcel Number 38647402
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $76,800
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/17/2022 05/17/22 | Sold | $1,200,000 | -7.3% | $480 / Sq Ft | |
| 04/10/2022 04/10/22 | For Sale | $1,295,000 | +7.9% | $518 / Sq Ft | |
| 03/31/2022 03/31/22 | Off Market | $1,200,000 | -- | -- | |
| 03/28/2022 03/28/22 | Pending | -- | -- | -- | |
| 03/25/2022 03/25/22 | For Sale | $1,295,000 | +17.8% | $518 / Sq Ft | |
| 04/08/2021 04/08/21 | Sold | $1,099,000 | 0.0% | -- | View Prior Sale |
| 03/22/2021 03/22/21 | Pending | -- | -- | -- | |
| 03/01/2021 03/01/21 | For Sale | $1,099,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $14,275 | $1,273,449 | $1,114,268 | $159,181 |
| 2024 | $14,275 | $1,248,480 | $1,092,420 | $156,060 |
| 2023 | $13,956 | $1,224,000 | $1,071,000 | $153,000 |
| 2022 | $12,848 | $1,120,980 | $1,020,000 | $100,980 |
| 2021 | $1,794 | $76,476 | $32,479 | $43,997 |
| 2020 | $1,775 | $75,692 | $32,146 | $43,546 |
| 2019 | $1,765 | $74,208 | $31,515 | $42,693 |
| 2018 | $1,741 | $72,753 | $30,897 | $41,856 |
| 2017 | $1,695 | $71,327 | $30,291 | $41,036 |
| 2016 | $1,669 | $69,929 | $29,697 | $40,232 |
| 2015 | $1,643 | $68,879 | $29,251 | $39,628 |
| 2014 | $1,609 | $67,530 | $28,678 | $38,852 |
Source: Public Records
Agents Affiliated with this Home
-
Norb Kohler
-
I
Buyer's Agent in 2022
Irma Ortiz-Rodriguez
Keller Williams SELA
-
Adrian Soumeeh
Seller's Agent in 2021
Adrian Soumeeh
First Team Real Estate
(949) 294-3950
1 in this area
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC22060139
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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