NOT LISTED FOR SALE

235 S Oak St Orange, CA 92866

2 Beds
1 Bath
11,355 Sq Ft
0.5 Acres

Last Sold November 25, 2012

Last sale price $1,925,000 $170 Per Sq Ft

11 Days on Market

About This Home

As of November 2012

Crystal Manor Apartments are *Single Story Construction *All Two Bedroom One Bath Units *Garages *Forced Air A/C & Heating *Upside in Rents *Rare Orange Opportunity *Private Patios *Laundry Facilities *Forced Air A/C & Heat *Garages with Electric Openers & Storage Lockers *Ceramic Tiled Kitchens & Bathrooms *Double Wall Construction for Sound Proofing between units * Chandeliers in many Crystal Manor dining rooms & baths

Last Agent to Sell the Property

Jay Skenderian

Morgan Skenderian License #01220368 Listed on: 07/06/2012

Last Buyer's Agent

Jay Skenderian

Morgan Skenderian License #01220368 Listed on: 07/06/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.5

Parking

  • 1 Car Garage

Home Design

  • 11,355 Sq Ft Home
  • Frame Construction
  • Stucco

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • 0.5 Acre Lot
  • No Heating

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 39049107

Community Details

Overview

  • 12 Units

Building Details

  • 13 Separate Electric Meters
  • 13 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $2,800
  • Insurance Expense $3,200
  • Maintenance Expense $12,000
  • Other Expense $2,000
  • Pest Control $600
  • Professional Management Expense $6,000
  • Trash Expense $4,300
  • Water Sewer Expense $4,300
  • New Taxes Expense $22,041
  • Gross Income $14,019
  • Net Operating Income $102,076

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • CapRate: 5.30
  • Price Per Unit: 160417
  • Professional Management Expense: 6000.00
  • View: No
  • Water Sewer Expenses: 4300.00
  • Property Type: Residential Income
  • Gardener Expense: 2800.00
  • Parcel Number: 39049107
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 169.53

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: No
  • Total Parking Spaces: 12.00

Utilities

  • Heating: No
  • Laundry: No
  • Pest Control Expense: 600.00
  • Trash Expense: 4300.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 21720
  • Lot Size Sq Ft: 21720.00
  • Lot Size Acres: 0.4990

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 14019.00
  • Gross Multiplier: 11.44
  • Gross Scheduled Income: 168228.00
  • Gross Spendable Income: 22332.00
  • Insurance Expense: 3200.00
  • Lot Size Area: 21720.0000 Square Feet
  • Maintenance Expense: 12000.00
  • Maintenance Percent: 7.00
  • Net Operating Income: 102076.00
  • Number Of Separate Electric Meters: 13
  • Number Of Separate Gas Meters: 13
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 12
  • Operating Expense: 57741.00
  • Operating Expense Percent: 34.00
  • Other Expense: 2000.00
  • Other Expense Description: Admin
  • Vacancy Allowance: 8411
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 22041.00

Range of Values:

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List Price
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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
11/25/2012 11/25/12 Sold $1,925,000 0.0% $170 / Sq Ft
07/17/2012 07/17/12 Pending -- -- --
07/06/2012 07/06/12 For Sale $1,925,000 -- $170 / 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: P827698

California Regional Multiple Listing Service (CRMLS)