Seller's Agent in 2019
Jennifer Paino
Azling Properties Inc
(805) 807-6061
6 Total Sales
265 N Grand St Orange, CA 92866
3
Beds
3
Baths
2,272
Sq Ft
6,534
Sq Ft Lot
Highlights
- Craftsman Architecture
- No HOA
- Wood Frame Window
- Wood Flooring
- Neighborhood Views
- Cooling System Mounted To A Wall/Window
About This Home
As of August 2019Excellent opportunity to own an income producing property steps from Chapman University! Located in the heart of Old Towne Orange, this historic Craftsman multi-unit property provides a rare chance for any buyer looking to acquire a property that offers it all! Beautiful location, historic charm, high rental demand & strong income potential with a proforma cap rate near 6%! The front unit (265) is a 2 bed/1 bath and has been recently cosmetically updated with new carpet & wood vinyl floors, fresh paint, new oven/strove, washer/dryer, white tile counters in kitchen, bathroom vanity & shower. New ceiling fans, split A/C & heat units in living & bedrooms. The rear unit (261) has a nice floor plan with spacious kitchen/dining room, stackable washer/dryer laundry closet, one bedroom with closet, bathroom & cozy living room. The studio unit (265) offers a single room with separated small kitchen & bathroom. Both rear units have not been cosmetically updated due to long term month to month tenants that have enjoyed living in them for many years. Tenants share access to a detached 2 car garage located at the rear of the property & landscaped rear yard with fruit trees. Tenant parking is provided on driveway or on street (city provided permits) depending on unit. Continuous rental demand can be found with this property on a beautiful historic, well cared for neighborhood street with immediate proximity to Chapman University, all amenities of the Orange Circle & nearby train station.
Last Agent to Sell the Property
Azling Properties Inc License #01874092 Listed on: 08/01/2019
Last Buyer's Agent
Albert Ricci
Thomas Steven Baxley License #01011606
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1915
Lot Details
- 6,534 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
- Two Garage Doors
- Driveway
- On-Street Parking
- Parking Permit Required
Home Design
- Duplex
- Craftsman Architecture
- Composition Roof
Interior Spaces
- 2,272 Sq Ft Home
- 1-Story Property
- Wood Frame Window
- Living Room with Fireplace
- Neighborhood Views
- Free-Standing Range
- Laundry in unit
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
- Natural Gas Connected
- Water Heater
Listing and Financial Details
- Legal Lot and Block 18 / A
- Tax Tract Number 137
- Assessor Parcel Number 03924304
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Building Details
- 3 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,384
- Fuel Expense $772
- Gardener Expense $960
- Insurance Expense $1,670
- Pest Control $684
- Trash Expense $431
- Water Sewer Expense $861
- New Taxes Expense $9,779
- Operating Expense $16,541
- Gross Income $53,400
- Net Operating Income $36,859
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 08/27/2019 08/27/19 | Sold | $890,000 | +0.1% | $392 / Sq Ft |
| 08/05/2019 08/05/19 | Pending | -- | -- | -- |
| 08/01/2019 08/01/19 | For Sale | $889,000 | 0.0% | $391 / Sq Ft |
| 07/15/2019 07/15/19 | Rented | $2,500 | 0.0% | -- |
| 07/05/2019 07/05/19 | Under Contract | -- | -- | -- |
| 07/04/2019 07/04/19 | For Rent | $2,500 | 0.0% | -- |
| 07/02/2019 07/02/19 | Off Market | $2,500 | -- | -- |
| 06/27/2019 06/27/19 | For Rent | $2,500 | -- | -- |
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 | $5,583 | $535,024 | $374,517 | $160,507 |
| 2024 | $5,583 | $476,441 | $333,508 | $142,933 |
| 2023 | $5,680 | $488,251 | $341,775 | $146,476 |
| 2022 | $7,023 | $616,413 | $431,489 | $184,924 |
| 2021 | $9,916 | $899,220 | $798,184 | $101,036 |
| 2020 | $9,825 | $890,000 | $790,000 | $100,000 |
| 2019 | $1,029 | $50,233 | $24,269 | $25,964 |
| 2018 | $1,015 | $49,249 | $23,794 | $25,455 |
| 2017 | $986 | $48,284 | $23,328 | $24,956 |
| 2016 | $971 | $47,338 | $22,871 | $24,467 |
| 2015 | $956 | $46,627 | $22,527 | $24,100 |
| 2014 | $936 | $45,714 | $22,086 | $23,628 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Paino
-
A
Buyer's Agent in 2019
Albert Ricci
Thomas Steven Baxley
-
K
Buyer's Agent in 2019
Kaitlin Radcliffe
Realty Pro 100
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW19182719
APN: 039-243-04
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.
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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