NOT LISTED FOR SALE
8 Beds
8 Baths
3,820 Sq Ft
9,148 Sq Ft Lot

Sale Details

Date Sold: April 11, 2023

Last sale price $1,552,500 $406 Per Sq Ft

8 Days on Market

Highlights

  • Granite Countertops
  • Balcony
  • Cooling System Mounted To A Wall/Window
  • Valencia High School Rated A+
  • Double Pane Windows
  • Living Room

About This Home

As of April 2023

ALL RENTS HAVE BEEN RAISED EXCEEDING PREVIOUS PERFORMA FOR THIS INCOME GENERATING - SUPER CLEAN PROPERTY. ALL UNITS ARE 2 + 2 WITH LARGE PATIOS. EACH UNIT HAS A SINGLE CAR GARAGE - ADDED INCOME IS GENERATED FROM THE 5TH GARAGE. THESE UNITS ARE VERY SPACIOUS - HAVE BEEN REMODELED INCLUDING NEWER KITCHENS AND BATH - NEWER WINDOWS - NEWER TILE FLOORING - RECENTLY PAINTED - PLUS A REPIPE OF PEX PLUMBING THROUGHOUT. ALL UNITS WITH SEPARATE ELECTRIC AND GAS METERS KEEP OPERATING EXPENSE LOW. PRIVATE LAUNDRY ROOM CAN GENERATE EXTRA INCOME. THIS GREAT RENTAL PROPERTY IS ON A SIZABLE LOT - IN A GREAT RENTAL AREA - ON A TREE LINED STREET - BORDERING THE CITY OF PLACENTIA.

Last Agent to Sell the Property

Margo Cagle

SRG Properties License #00872349 Listed on: 02/24/2023

Last Buyer's Agent

Marisol Araya

LONE HILL PROPERTIES License #01193072

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 9,148 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 5 Car Garage
  • Single Garage Door
  • On-Street Parking

Home Design

  • Quadruplex

Interior Spaces

  • 3,820 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Living Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 12
  • Tax Tract Number 4081
  • Assessor Parcel Number 34429144
  • $992 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $372
  • Fuel Expense $204
  • Gardener Expense $1,440
  • Insurance Expense $1,200
  • Water Sewer Expense $2,478
  • Operating Expense $5,694
  • Gross Income $1,200
  • Net Operating Income $103,131

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

9,148 Sq Ft Lot

Parking

5

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Privately Maintained
  • View: No
  • Water Sewer Expenses: 2478.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 34429144
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Granite Counters, Pantry, Unfurnished
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 406.41
  • Room Type: Living Room, Master Bathroom, Master Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Other Structures: Storage
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking Features: Garage, Garage - Single Door, Street
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Cable Available, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Range Hood, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Gas Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Level
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100

Rental Info

  • Garage Rental Rate: 100.00
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Average2 Bed Area: 950 Square Feet
  • Electric Expense: 372.00
  • Fuel Expense: 204.00
  • Garage Income: 1200.00
  • Gross Income: 1200.00
  • Gross Scheduled Income: 108600.00
  • Insurance Expense: 1200.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 9148.0000 Square Feet
  • Net Operating Income: 103131.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 5469.00
  • Other Income Description: Wasker/Dryer Income not includ
  • Rent Control: No
  • Total Actual Rent: 8675.00
  • Total Expenses: 5694.00

Tax Info

  • Tax Census Tract: 117.20
  • Tax Lot: 12
  • Tax Tract Number: 4081
  • TaxOtherAnnualAssessmentAmount: 992.00
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
04/11/2023 04/11/23 Sold $1,552,500 0.0% $406 / Sq Ft
03/04/2023 03/04/23 Pending -- -- --
03/04/2023 03/04/23 Off Market $1,552,500 -- --
02/24/2023 02/24/23 For Sale $1,500,000 -- $393 / 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 $17,809 $1,612,880 $1,442,751 $170,129
2024 $17,809 $1,581,255 $1,414,461 $166,794
2023 $16,215 $1,428,000 $1,268,933 $159,067
2022 $5,223 $391,476 $214,210 $177,266
2021 $5,140 $383,800 $210,009 $173,791
2020 $5,143 $379,865 $207,856 $172,009
2019 $4,988 $372,417 $203,780 $168,637
2018 $4,928 $365,115 $199,784 $165,331
2017 $4,851 $357,956 $195,866 $162,090
2016 $4,760 $350,938 $192,026 $158,912
2015 $4,705 $345,667 $189,142 $156,525
2014 $4,573 $338,896 $185,437 $153,459
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23031823

California Regional Multiple Listing Service (CRMLS)

APN: 344-291-44

Your Personal Tour Guide

Ask me questions while you tour the home.