NOT LISTED FOR SALE

2741 E Almond Ave Orange, CA 92869

8 Beds
7 Baths
4,202 Sq Ft
9,583 Sq Ft Lot

Last Sold February 08, 2023

Last sale price $1,690,000 $402 Per Sq Ft

6 Days on Market

Highlights

  • Spanish Architecture
  • Lawn
  • Forced Air Heating and Cooling System
  • El Modena High School Rated A-
  • Laundry Room
  • Wood Fence

About This Home

As of February 2023

Fully occupied and well maintained fourplex located in desirable area of Orange. Property configuration includes one 3 bedroom, 2 bath unit, two 2 bedroom, 2 bath units and one 1 bedroom, 1 bath unit. Complex includes 4 garage spaces plus an additional parking space. On sight laundry room offers additional opportunity for income. Easy access to Old Town Orange and local shops, services and amenities as well as local freeways.

Last Agent to Sell the Property

Marc Smith

Freedom First Properties License #01956931 Listed on: 01/11/2023

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 9,583 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Lawn

Parking

  • 4 Car Garage

Home Design

  • Spanish Architecture
  • Quadruplex
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 4,202 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace

Kitchen

  • Electric Range
  • Laminate Countertops

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 10
  • Tax Tract Number 6401
  • Assessor Parcel Number 09405213

Community Details

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $204
  • Fuel Expense $1,351
  • Gardener Expense $1,080
  • Insurance Expense $1,743
  • Other Expense $25
  • Pest Control $520
  • Trash Expense $874
  • Water Sewer Expense $1,971
  • Operating Expense $7,743
  • Gross Income $103,632
  • Net Operating Income $74,953

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 1971.00
  • Architectural Style: Spanish
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 09405213
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Laminate Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Vinyl
  • Appliances: Yes
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 402.19

Exterior Features

  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range
  • Electric: Standard
  • Heating Type: Forced Air
  • Laundry Features: Community, Dryer Included, Washer Hookup, Washer Included
  • Pest Control Expense: 520.00
  • Sewer: Public Sewer
  • Trash Expense: 874.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 9583.00
  • Lot Size Acres: 0.2200

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 204.00
  • Fuel Expense: 1351.00
  • Gross Income: 103632.00
  • Gross Scheduled Income: 103632.00
  • Insurance Expense: 1743.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 1000.00
  • Lot Size Area: 9583.0000 Square Feet
  • Net Operating Income: 74953.40
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Range: 4
  • Operating Expense: 28678.60
  • Other Expense: 25.00
  • Other Expense Description: fire ext
  • Rent Control: No
  • Total Actual Rent: 8636.00
  • Total Expenses: 7743.00

Tax Info

  • Tax Census Tract: 758.07
  • Tax Lot: 10
  • Tax Tract Number: 6401

Range of Values:

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Value Increase
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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 List to Sale Price per Sq Ft
02/08/2023 02/08/23 Sold $1,690,000 +0.3% $402 / Sq Ft
01/11/2023 01/11/23 For Sale $1,685,000 -- $401 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $19,301 $1,758,276 $1,542,862 $215,414
2024 $19,301 $1,723,800 $1,512,609 $211,191
2023 $7,160 $580,130 $352,603 $227,527
2022 $7,014 $568,755 $345,689 $223,066
2021 $6,829 $557,603 $338,910 $218,693
2020 $6,765 $551,886 $335,435 $216,451
2019 $6,688 $541,065 $328,858 $212,207
2018 $6,588 $530,456 $322,409 $208,047
2017 $6,333 $520,055 $316,087 $203,968
2016 $6,216 $509,858 $309,889 $199,969
2015 $6,124 $502,200 $305,234 $196,966
2014 $5,995 $492,363 $299,255 $193,108
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23004263

California Regional Multiple Listing Service (CRMLS)

APN: 094-052-13