NOT LISTED FOR SALE
8 Beds
4 Baths
3,720 Sq Ft
7,841 Sq Ft Lot

Last Sold November 08, 2021

Last sale price $1,525,000 $410 Per Sq Ft

121 Days on Market

Highlights

  • Laundry Room
  • Tile Flooring
  • 5 Car Garage

About This Home

As of November 2021

New Rental Income $100,200 Every Year 4 Plex Income Property in Prime Location Close to Disneyland. Ideal for 1031 Exchange. Great Potential to Raise the Property Value & Current Monthly Income $8,350 Immediately with Room to Build One or Two More Units to Existing 4 Unit Complex. Great Investment in the Rising Real Estate Market in the Heart of Orange County. Property Values Keep Rising Year after Year, With Guaranteed Rental Income Month after Month. Great Neighborhood Easy to Rent, Clean & Nice Complex in Great Condition. Each Tenant has Assigned Covered Parking Garage & Open Parking Space within the Complex. Owner has One Parking Garage. Common Coin Laundry Room with Washer & Dryer Available 24 Hours to Tenants. No HOA. No Drive By. No Waiting to See. Very Low Maintenance Cost. Very Easy to Manage with On Site Manager at Minimum Cost. Please Call the Listing Agent J. Rex Perera to See The Building Today.

Last Agent to Sell the Property

J Rex Perera

California Century License #01882529 Listed on: 06/10/2021

Last Buyer's Agent

Carlos Skubacz

RE/MAX 2000 License #01474295

RE/MAX 2000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,880

Year Built

  • Built in 1962

Lot Details

  • 7,841 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 5 Car Garage
  • 5 Open Parking Spaces
  • Side Facing Garage
  • Single Garage Door
  • On-Street Parking
  • Parking Lot
  • Assigned Parking

Interior Spaces

  • 3,720 Sq Ft Home
  • 2-Story Property
  • Gas Oven

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Utilities

  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, telephone
  • Tax Lot 28
  • Tax Tract Number 3011
  • Assessor Parcel Number 08241303

Community Details

Building Details

  • 3 Leased Units
  • Electric Expense $1,949
  • Fuel Expense $1,435
  • Gardener Expense $660
  • Insurance Expense $1,401
  • Maintenance Expense $300
  • Professional Management Expense $2,664
  • Trash Expense $724
  • New Taxes Expense $8,880
  • Operating Expense $18,614
  • Gross Income $101,400
  • Net Operating Income $90,641

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,880

Year Built

Built in 1962

Lot Details

0

Parking

5

Listing Details

  • Professional Management Expense: 2664.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Property Type: Residential Income
  • Gardener Expense: 660.00
  • Parcel Number: 08241303
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 409.95

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking Features: Assigned, Covered, Garage, Garage Faces Side, Garage - Single Door, Parking Space, Street
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: Gas Oven
  • Laundry Features: Common Area, Community, Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 724.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Cable TV, Electricity, Telephone

Multi Family

  • Electric Expense: 1949.00
  • Fuel Expense: 1435.00
  • Gross Income: 101400.00
  • Gross Scheduled Income: 100200.00
  • Insurance Expense: 1401.00
  • Laundry Income: 1500.00
  • Lot Size Area: 7841.0000 Square Feet
  • Maintenance Expense: 300.00
  • Net Operating Income: 90641.00
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Number With Range: 4
  • Operating Expense: 9559.00
  • Rent Control: No
  • Total Actual Rent: 51000.00
  • Total Expenses: 18614.00

Tax Info

  • New Taxes Expense: 8880.00
  • Tax Census Tract: 874.03
  • Tax Lot: 28
  • Tax Tract Number: 3011
  • Tax Annual Amount: 8880.00

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 List to Sale Price per Sq Ft
11/08/2021 11/08/21 Sold $1,525,000 0.0% $410 / Sq Ft
10/19/2021 10/19/21 Off Market $2,100 -- --
10/16/2021 10/16/21 Rented $2,100 0.0% --
10/10/2021 10/10/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $1,525,000 0.0% $410 / Sq Ft
09/18/2021 09/18/21 For Rent $2,100 0.0% --
07/15/2021 07/15/21 Off Market $1,525,000 -- --
07/13/2021 07/13/21 For Sale $1,470,000 -3.6% $395 / Sq Ft
07/05/2021 07/05/21 Pending -- -- --
07/03/2021 07/03/21 Off Market $1,525,000 -- --
07/02/2021 07/02/21 For Sale $1,470,000 -3.6% $395 / Sq Ft
07/01/2021 07/01/21 Off Market $1,525,000 -- --
06/17/2021 06/17/21 Price Changed $1,470,000 +5.8% $395 / Sq Ft
06/10/2021 06/10/21 For Sale $1,390,000 -- $374 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21118178

California Regional Multiple Listing Service (CRMLS)

APN: 082-413-03