NOT LISTED FOR SALE

2368 Iris Ct Fullerton, CA 92833

-- Bed
-- Bath
3,564 Sq Ft
9,148 Sq Ft Lot

Last Sold February 17, 2012

Last sale price $500,000 $140 Per Sq Ft

30 Days on Market

About This Home

As of February 2012

Looking for the good investment? Here is the one. single story 4plex. three unit 2bedrooms and 1bathroom, and 1unit 2bedrooms and 2bathrooms, 6 car garage, the rent is still below the marketable rent. It still has room for new owner to increase. Its rate of return is high. *************Please do not disturb tenants. Thank you************

Last Agent to Sell the Property

Frank Huynh

Saigon Realty License #01241912 Listed on: 12/18/2011

Last Buyer's Agent

Raj Chellani

Rajesh Chellani Broker License #01440853

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 75x120

Parking

  • 10 Parking Spaces

Home Design

  • 3,564 Sq Ft Home
  • Stucco

Utilities

  • Floor Furnace

Listing and Financial Details

  • Assessor Parcel Number 07147156

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,820
  • Trash Expense $500
  • Water Sewer Expense $4,800
  • New Taxes Expense $5,980
  • Gross Income $4,460
  • Net Operating Income $53,520

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

9,000 Sq Ft Lot

Listing Details

  • Assessments: No
  • CapRate: 10.29
  • View: No
  • Water Sewer Expenses: 4800.00
  • Property Type: Residential Income
  • Parcel Number: 07147156
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 140.29

Exterior Features

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

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 10.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Floor Furnace
  • Trash Expense: 500.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 75x120
  • Lot Size Sq Ft: 9000.00
  • Lot Size Acres: 0.2100

Multi Family

  • Gross Income: 4460.00
  • Gross Multiplier: 9.71
  • Gross Scheduled Income: 53520.00
  • Insurance Expense: 1820.00
  • Lot Size Area: 9000.0000 Square Feet
  • Net Operating Income: 53520.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4

Tax Info

  • New Taxes Expense: 5980.00
  • Tax Area: 03088
  • Tax Lot: 0.
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Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2012 02/17/12 Sold $500,000 -3.8% $140 / Sq Ft
01/17/2012 01/17/12 Pending -- -- --
12/18/2011 12/18/11 For Sale $519,900 -- $146 / 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 $7,642 $628,023 $486,604 $141,419
2024 $7,642 $615,709 $477,062 $138,647
2023 $7,451 $603,637 $467,708 $135,929
2022 $7,387 $591,801 $458,537 $133,264
2021 $7,262 $580,198 $449,547 $130,651
2020 $7,219 $574,249 $444,937 $129,312
2019 $7,047 $562,990 $436,213 $126,777
2018 $6,943 $551,951 $427,659 $124,292
2017 $6,830 $541,129 $419,274 $121,855
2016 $6,694 $530,519 $411,053 $119,466
2015 $6,514 $522,551 $404,879 $117,672
2014 $6,332 $512,315 $396,948 $115,367
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P806476

California Regional Multiple Listing Service (CRMLS)

APN: 071-471-56

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