NOT LISTED FOR SALE

2800 Santiago Rd Fullerton, CA 92835

Rolling Hills Neighborhood
9 Beds
8 Baths
4,996 Sq Ft
8,963 Sq Ft Lot

Last Sold December 23, 2020

Last sale price $1,715,500 $343 Per Sq Ft

20 Days on Market

Highlights

  • Spa
  • Attic
  • Cooling System Mounted To A Wall/Window
  • Fullerton Union High School Rated A
  • Neighborhood Views
  • Fireplace in Patio

About This Home

As of December 2020

We are pleased to present the Santiago Villas fourplex. The Santiago Villas is a pride of ownership multifamily apartment building located on a quiet cul-de-sac on the border of Brea & Fullerton, The subject property has approximately 5000 sf of living space which is extremely large and rare for a 4 unit apartment building. The unit mix is optimal with: 1 (3+2) single story owners unit with fireplace, patios (2) and washer /dryer hookups, 1 ( 2+2) single story unit with patio and 2 (2+2) walk-up units. Currently the owner/seller occupies the 3 bedroom and would like to rent back said unit for 6 months after the close of escrow. The tenant amenities include: Central AC/Heat all Units, 8 garage spaces & 3 open parking spaces, common laundry room with coin-op owned machines (that are included in the sale), and separate gas and electric meters for each unit. The units have undergone many renovations; in the interior these include new cabinetry, quartz/granite counter tops, appliances, luxury plank flooring, paint and more; on the exterior these include: new concrete parking stalls and garage apron, newer exterior paint and more. $104,760. actual gross rents with upside to $114,780 annual gross on market rents. Priced to sell competitively with a model match closing in the same price tract on 10/26/20 with similar renovations and rents, but the comp had arguably an inferior location in the tract located on highly trafficked Bastanchury Road.

Last Agent to Sell the Property

Brad New

Vanguard Property Group License #01347742 Listed on: 11/11/2020

Co-Listed By

Ed Diaz

Vanguard Property Group License #01022469

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 8,963 Sq Ft Lot
  • 1 Common Wall
  • Front Yard Sprinklers
  • Density is 2-5 Units/Acre

Parking

  • 8 Car Garage
  • 5 Open Parking Spaces
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Pre-Cast Concrete Construction
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 4,996 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Screens
  • Family Room with Fireplace
  • Neighborhood Views
  • Fire and Smoke Detector
  • Laundry Room
  • Attic

Kitchen

  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Pool

  • Spa
  • No Permits For Spa

Outdoor Features

  • Fireplace in Patio
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 12
  • Tax Tract Number 6140
  • Assessor Parcel Number 28404109

Community Details

Recreation

  • Bike Trail

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $19,415
  • Operating Expense $26,000
  • Gross Income $8,660
  • Net Operating Income $78,760

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Parking

8

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved
  • Security: Smoke Detector(s)
  • Subdivision Name Other: 0000
  • View: Yes
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 28404109
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full, Tile Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Yes
  • Fireplace Features: Family Room, Patio
  • Levels: Two
  • Price Per Square Foot: 343.37
  • Room Type: Attic
  • Spa Features: No Permits
  • Window Features: Screens

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Concrete, Stucco

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 13.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Heating Type: Forced Air
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Sprinkler System, Sprinklers In Front
  • Lot Size Sq Ft: 8963.00
  • Lot Size Acres: 0.2058

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 8660.00
  • Gross Scheduled Income: 104760.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 70.00
  • Lot Size Area: 8963.0000 Square Feet
  • Net Operating Income: 78760.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 26000.00
  • Operating Expense Percent: 25.00
  • Rent Control: No
  • Total Actual Rent: 8660.00
  • Total Expenses: 26000.00

Tax Info

  • New Taxes Expense: 19415.00
  • Tax Census Tract: 15.05
  • Tax Lot: 12
  • Tax Tract Number: 6140

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
12/23/2020 12/23/20 Sold $1,715,500 -2.8% $343 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
11/11/2020 11/11/20 For Sale $1,765,000 -- $353 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brad New

    Seller's Agent in 2020

    Brad New

    Vanguard Property Group

    (714) 446-0100

    1 in this area

    29 Total Sales

    Brad New
    Section Image
  • Ed Diaz

    Seller Co-Listing Agent in 2020

    Ed Diaz

    Vanguard Property Group

    (714) 900-0169

    2 in this area

    30 Total Sales

    Ed Diaz
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20232175

California Regional Multiple Listing Service (CRMLS)

APN: 284-041-09

California Orange County Fullerton 92835 Rolling Hills

2800 Santiago Rd, Fullerton, CA

This home is located at 2800 Santiago Rd, Fullerton, CA 92835 since 11 November 2020. This property was built in 1966. 2800 Santiago Rd is a home located in Orange County with nearby schools including Rolling Hills Elementary School, Ladera Vista Junior High School, and Fullerton Union High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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