NOT LISTED FOR SALE

235 S Oak St Orange, CA 92866

2 Beds
1 Bath
11,355 Sq Ft
0.5 Acres Lot

Sale Details

Date 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

  • 21,720 Sq Ft 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

0.5 Acres

Parking

1

Listing Details

  • Assessments: No
  • CapRate: 5.30
  • 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 Rate: 5.00

Tax Info

  • New Taxes Expense: 22041.00
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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 List to Sale Price per Sq Ft
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

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 $13,864 $1,182,781 $953,606 $229,175
2024 $13,864 $1,159,590 $934,908 $224,682
2023 $13,546 $1,136,853 $916,576 $220,277
2022 $13,275 $1,114,562 $898,604 $215,958
2021 $12,917 $1,092,708 $880,984 $211,724
2020 $12,797 $1,081,504 $871,950 $209,554
2019 $12,646 $1,060,299 $854,853 $205,446
2018 $12,457 $1,039,509 $838,091 $201,418
2017 $11,962 $1,019,127 $821,658 $197,469
2016 $11,737 $999,145 $805,547 $193,598
2015 $11,565 $984,137 $793,447 $190,690
2014 $11,320 $964,860 $777,905 $186,955
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P827698

California Regional Multiple Listing Service (CRMLS)
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