NOT LISTED FOR SALE

2552 N Bourbon St Orange, CA 92865

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

Sale Details

Date Sold: September 1, 2022

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

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • Property is near 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

Bruce Heathcote, Broker

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 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

7,201 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: No
  • CapRate: 4.62
  • 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 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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $19,409 $1,768,680 $1,588,213 $180,467
2024 $19,409 $1,734,000 $1,557,071 $176,929
2023 $18,980 $1,700,000 $1,526,540 $173,460
2022 $10,103 $861,184 $684,346 $176,838
2021 $5,410 $422,048 $232,629 $189,419
2020 $5,359 $417,721 $230,244 $187,477
2019 $5,301 $409,531 $225,730 $183,801
2018 $5,223 $401,501 $221,303 $180,198
2017 $5,026 $393,629 $216,964 $176,665
2016 $4,935 $385,911 $212,710 $173,201
2015 $4,862 $380,115 $209,515 $170,600
2014 $4,759 $372,670 $205,411 $167,259
Source: Public Records

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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

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