Seller's Agent in 2019
Jennifer Paino
Azling Properties Inc
(805) 807-6061
2 in this area
9 Total Sales
236 N Clark St Orange, CA 92868
4
Beds
2
Baths
1,816
Sq Ft
5,201
Sq Ft Lot
Highlights
- Neighborhood Views
- Living Room
- Tile Flooring
- Cooling System Mounted To A Wall/Window
- Laundry Room
- Combination Of Heating Systems
About This Home
As of August 2019Wonderful and unique opportunity available to purchase a single level duplex in excellent Orange location. This duplex property is located on a parcel of land with neighboring parcel also available with a total of four matching units (two matching duplexes owned by the same seller, please reference MLS PW19183122 for other available property). Each duplex has their own separate parcel numbers providing the flexibility for a buyer to purchase one or both parcels to have ownership of all four units! 236 N. Clark is the right rear unit and was recently cosmetically updated in 2018 with new floors (tile and carpet), new windows, new split A/C and heat units and remodeled kitchen and bathroom. It has a nice size grass rear yard off back door. 238 N. Clark is the front 2 bedroom/1 bathroom unit and also features newer windows and split A/C heat units. With no common walls in between each of the units, there is a large shared storage closet and double laundry facility so each unit has their own access to their own washer/dryer units. On the rear of the property is a detached garage providing a one car garage with parking spot in front for each of the units. This property has always had consistent rental demand due to its location near the Orange Circle amenities, Chapman University and the train station. Both units are currently leased to wonderful tenants and this investment opportunity can provide a potential cap rate of 5.3% when considering proforma calculations.
Last Agent to Sell the Property
Azling Properties Inc License #01874092 Listed on: 08/01/2019
Last Buyer's Agent
Kristyn Tupper
T.N.G. Real Estate Consultants License #01765947
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1953
Lot Details
- 5,201 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
- 2 Carport Spaces
- Parking Available
- Shared Driveway
- Uncovered Parking
- Assigned Parking
Home Design
- Duplex
Interior Spaces
- 1,816 Sq Ft Home
- 1-Story Property
- Living Room
- Neighborhood Views
Kitchen
- Gas Range
- Free-Standing Range
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Utilities
- Cooling System Mounted To A Wall/Window
- Combination Of Heating Systems
- Natural Gas Connected
- Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 29
- Tax Tract Number 667
- Assessor Parcel Number 38645111
Community Details
Overview
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $960
- Insurance Expense $562
- Pest Control $312
- Trash Expense $321
- Water Sewer Expense $865
- New Taxes Expense $8,525
- Operating Expense $11,545
- Net Operating Income $28,355
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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 |
|---|---|---|---|---|
| 08/26/2019 08/26/19 | Sold | $737,500 | -4.8% | $406 / Sq Ft |
| 08/01/2019 08/01/19 | For Sale | $775,000 | -- | $427 / 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 | $8,907 | $806,560 | $669,857 | $136,703 |
| 2024 | $8,907 | $790,746 | $656,723 | $134,023 |
| 2023 | $8,709 | $775,242 | $643,846 | $131,396 |
| 2022 | $8,541 | $760,042 | $631,222 | $128,820 |
| 2021 | $8,303 | $745,140 | $618,845 | $126,295 |
| 2020 | $8,227 | $737,500 | $612,500 | $125,000 |
| 2019 | $1,081 | $55,196 | $23,791 | $31,405 |
| 2018 | $1,067 | $54,114 | $23,324 | $30,790 |
| 2017 | $1,036 | $53,053 | $22,866 | $30,187 |
| 2016 | $1,019 | $52,013 | $22,417 | $29,596 |
| 2015 | $1,004 | $51,232 | $22,080 | $29,152 |
| 2014 | $983 | $50,229 | $21,648 | $28,581 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Paino
-
K
Buyer's Agent in 2019
Kristyn Tupper
T.N.G. Real Estate Consultants
-
Terri Newland
Buyer Co-Listing Agent in 2019
Terri Newland
First Team Real Estate
(714) 906-6070
6 in this area
102 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW19182910
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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