NOT LISTED FOR SALE

2502 S Baker St Santa Ana, CA 92707

South Coast Neighborhood
2 Beds
1 Bath
3,500 Sq Ft
6,480 Sq Ft Lot

Last Sold August 25, 2016

Last sale price $860,000 $246 Per Sq Ft

25 Days on Market

About This Home

As of August 2016

2502 South Baker Street is a four-unit multifamily investment opportunity located in Santa Ana, California. Built in 1958, the property is comprised of four, two-bedroom units. Situated on a lot totaling 6,480 square feet, the investment opportunity offers ample carport and uncovered parking, storage lockers, and private backyards.

Last Agent to Sell the Property

Tyler Leeson

Marcus & Millichap RE Invest License #01451551 Listed on: 05/24/2016

Last Buyer's Agent

Thanh Nghia Nguyen

New Empire Realty License #01834562

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 6,480 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Corner Lot

Parking

  • 8 Parking Spaces

Home Design

  • 3,500 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Listing and Financial Details

  • Tax Lot 57
  • Tax Tract Number 2392
  • Assessor Parcel Number 41040101

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $1,124
  • Gardener Expense $1,020
  • Insurance Expense $1,600
  • Maintenance Expense $2,000
  • Other Expense $2,900
  • Professional Management Expense $1,200
  • Trash Expense $1,124
  • Water Sewer Expense $1,124
  • New Taxes Expense $10,616
  • Gross Income $3,600
  • Net Operating Income $18,072

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Professional Management Expense: 1200.00
  • Property Attached: No
  • Water Sewer Expenses: 1124.00
  • Property Type: Residential Income
  • Gardener Expense: 1020.00
  • Parcel Number: 41040101
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 245.71

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1124.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Landscaped, Corner Lot
  • Lot Size Sq Ft: 6480.00
  • Price Per Lot Square Foot: 132.72

Multi Family

  • Electric Expense: 1124.00
  • Gross Income: 3600.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 1600.00
  • Maintenance Expense: 2000.00
  • Net Operating Income: 18072.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 23832.00
  • Other Expense: 2900.00
  • Rent Control: No
  • Total Actual Rent: 3600.00

Tax Info

  • New Taxes Expense: 10616.00
  • Tax Lot: 57
  • Tax Tract Number: 2392

Range of Values:

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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
08/25/2016 08/25/16 Sold $860,000 -0.6% $246 / Sq Ft
07/05/2016 07/05/16 Pending -- -- --
06/10/2016 06/10/16 For Sale $865,000 -- $247 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tyler Leeson

    Seller's Agent in 2016

    Tyler Leeson

    Marcus & Millichap RE Invest

    (949) 419-3200

    143 Total Sales

    Section Image

  • T

    Buyer's Agent in 2016

    Thanh Nghia Nguyen

    New Empire Realty

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16125156

California Regional Multiple Listing Service (CRMLS)

APN: 410-401-01

California Orange County Santa Ana 92707 South Coast

2502 S Baker St, Santa Ana, CA

This home is located at 2502 S Baker St, Santa Ana, CA 92707 since 24 May 2016. This property was built in 1958. 2502 S Baker St is a home located in Orange County with nearby schools including Washington Elementary School, McFadden Institute of Technology, and Saddleback High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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