$940,000
SOLD DEC 3, 2018 RENTED JAN 25, 2025

235 S Pixley St Orange, CA 92868

6 Beds
6 Baths
2,598 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$362 Per Sq Ft

15% Below List Price

50 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Back Yard
  • Cul-De-Sac

About This Home

As of December 2024

Located at the end of the cul-de-sac & next to The Old Town area of Orange, Hart Park & Chapman University, this duplex property exhibits 2 separate 3 Bedrooms & 2.5 baths per each unit. With direct access from the 2 car garage and additional parking in the 2 car driveway, the occupant enjoys the family room and cozy dining area too. Each unit has backyard access.

Please note the analysis numbers and 5.5% Cap rate is calculated on a purchase price of $1,049,000 which reflects a revised property tax bill of $11,000.00.

Last Agent to Sell the Property

Stella Worden

Compass License #00861572 Listed on: 08/29/2018

Compass

Co-Listed By

Bill Worden

Berkshire Hathaway Homeservice License #01900937

Last Buyer's Agent

Denise Fortain-hall

Coldwell Banker Realty License #01001274

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 6,534 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Irregular Lot
  • Back Yard

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,598 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 9290
  • Assessor Parcel Number 04112244

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $150
  • Trash Expense $50
  • Water Sewer Expense $100
  • New Taxes Expense $917
  • Operating Expense $1,217
  • Gross Income $72,000
  • Net Operating Income $57,396

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Parking

4

Listing Details

  • CapRate: 5.20
  • Property Attached: Yes
  • Subdivision Name Other: Other / Old Towne
  • Water Sewer Expenses: 100.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 04112244
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 361.82

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 50.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Irregular Lot
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Gross Income: 72000.00
  • Gross Operating Income: 72000.00
  • Gross Scheduled Income: 72000.00
  • Insurance Expense: 150.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 57396.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 14604.00
  • Rent Control: No
  • Total Actual Rent: 4700.00
  • Total Expenses: 1217.00

Tax Info

  • New Taxes Expense: 917.00
  • Tax Census Tract: 760.00
  • Tax Lot: 26
  • Tax Tract Number: 9290

Range of Values:

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Average Value
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List Price
Sold 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
01/25/2025 01/25/25 Rented $4,150 0.0% --
12/20/2024 12/20/24 For Rent $4,150 0.0% --
12/13/2024 12/13/24 Sold $1,495,000 0.0% $503 / Sq Ft
11/07/2024 11/07/24 For Sale $1,495,000 +59.0% $503 / Sq Ft
12/03/2018 12/03/18 Sold $940,000 -10.4% $362 / Sq Ft
09/25/2018 09/25/18 Price Changed $1,049,000 -4.6% $404 / Sq Ft
08/29/2018 08/29/18 For Sale $1,100,000 -- $423 / 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: NP18210826

California Regional Multiple Listing Service (CRMLS)

APN: 041-122-44