NOT LISTED FOR SALE

2552 N Bourbon St Orange, CA 92865

9 Beds
5 Baths
4,417 Sq Ft
7,201 Sq Ft Lot

Last Sold September 01, 2022

Last sale price $1,700,000 $385 Per Sq Ft

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • Property is near a park
  • No HOA
  • Villa Park High School Rated A
  • Quartz Countertops
  • Courtyard Views

About This Home

As of September 2022

EXECUTIVE SUMMARY
• Covington Style 4-Plex in very quiet and desirable neighborhood
• One 3bd 2bth 1,269sf with cozy fireplace and private patio
• One 2bd 1bth 1,100sf w/walk in closet, lg private patio
• Two 2bd 1bth 1,073sf private patio or balcony
• One storage room 100sf
• One laundry room 100sf with new owned Speed Queen large capacity washer & dryer with coin or pre-paid card
• Most remodeled with luxury vinyl or tile flooring.
• Enclosed garages
• Separately metered Gas and Electric
• Owner pays water/sewer and trash
• Conveniently located to great shopping and restaurants
• Located near 55 and 91 freeways
• Olive Elementary, Cerro Villa Middle School, Villa Park High School

Last Agent to Sell the Property

Bruce Heathcote

Bruce Heathcote, Broker License #00904560 Listed on: 07/14/2022

Last Buyer's Agent

Martha Diaz

RE/MAX One License #01215345

RE/MAX One

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • 7,201 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Wood Fence
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Front Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Quadruplex
  • Slab Foundation
  • Fire Rated Drywall
  • Asphalt Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 4,417 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Sliding Doors
  • Living Room with Fireplace
  • Center Hall
  • Courtyard Views
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher
  • Quartz Countertops
  • Ceramic Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 5 Bathrooms

Accessible Home Design

  • Doors swing in

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Property is near a park
  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Natural Gas Connected
  • High-Efficiency Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 17
  • Tax Tract Number 4711
  • Assessor Parcel Number 37446219
  • $993 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Chateau Orleans Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Park
  • Bike Trail

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $277
  • Fuel Expense $1,147
  • Gardener Expense $1,239
  • Insurance Expense $1,801
  • Other Expense $104
  • Pest Control $574
  • Trash Expense $1,000
  • Water Sewer Expense $1,251
  • Operating Expense $12,995
  • Gross Income $94,936
  • Net Operating Income $81,940

Property Details

Home Type

Multi-Family

Year Built

Built in 1965 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • CapRate: 4.62
  • Other Phone Number: 9497903107
  • Price Per Unit: 443750
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Chateau Orleans (CHOL)
  • View: Yes
  • Water Sewer Expenses: 1251.00
  • Zoning: R3
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1239.00
  • Parcel Number: 37446219
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Ceiling Fan(s), Ceramic Counters, Quartz Counters, Unfurnished
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Tile
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Price Per Square Foot: 384.88
  • Room Type: Center Hall, Kitchen, Living Room, Master Suite, Walk-In Closet
  • Window Features: Blinds

Exterior Features

  • Foundation: Slab
  • View: Courtyard
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, High Efficiency Water Heater, Range Hood, Vented Exhaust Fan
  • Heating Type: Central, Fireplace(s), Forced Air, Natural Gas
  • Laundry Features: Community
  • Pest Control Expense: 574.00
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Park, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lot 6500-9999, Level, Park Nearby, Sprinkler System
  • Lot Size Sq Ft: 7201.00
  • Lot Size Acres: 0.1653

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average2 Bed Area: 1087 Square Feet
  • Average3 Bed Area: 1269 Square Feet
  • Electric Expense: 277.00
  • Fuel Expense: 1147.00
  • Gross Income: 94936.00
  • Gross Scheduled Income: 94936.00
  • Insurance Expense: 1801.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 1936.00
  • Lot Size Area: 7201.0000 Square Feet
  • Net Operating Income: 81940.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Carpet: 1
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 12996.00
  • Other Expense: 104.00
  • Other Expense Description: Fire
  • Rent Control: No
  • Total Actual Rent: 94936.00
  • Total Expenses: 12995.00

Tax Info

  • Tax Census Tract: 762.02
  • Tax Lot: 17
  • Tax Tract Number: 4711
  • TaxOtherAnnualAssessmentAmount: 993.00

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
09/01/2022 09/01/22 Sold $1,700,000 0.0% $385 / Sq Ft
09/01/2022 09/01/22 Sold $1,700,000 -4.2% $385 / Sq Ft
08/11/2022 08/11/22 Price Changed $1,775,000 0.0% $402 / Sq Ft
08/11/2022 08/11/22 Price Changed $1,775,000 -4.1% $402 / Sq Ft
07/14/2022 07/14/22 For Sale $1,850,000 0.0% $419 / Sq Ft
06/20/2022 06/20/22 For Sale $1,850,000 -- $419 / 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: OC22155081

California Regional Multiple Listing Service (CRMLS)

APN: 374-462-19