Seller's Agent in 2024
James Wardlaw
Sperry Commercial
(714) 496-1100
1 in this area
5 Total Sales
3
Beds
3
Baths
2,350
Sq Ft
6,996
Sq Ft Lot
Highlights
- Laundry Room
- Rectangular Lot
- 3-minute walk to City Hall Park
- Brea Junior High School Rated A
- 1-Story Property
About This Home
As of November 2024We are pleased to present the investment opportunity of the Orange Street Property, a triplex located in the desirable city of Brea, CA. This property features a front unit with 2 bedrooms, 2 bathrooms, and a mother-in-law suite with a room and bathroom in the backyard. The two 1-bedroom, 1-bathroom units in the back have private alley access, ensuring tenant privacy. Additionally, the property includes a convenient on-site laundry facility, enhancing tenant convenience. With a large front unit, the Orange Property offers a solid first time investment opportunity with stable cash flow allowing the buyer to live in one unit and earn income on the other two in a prime location. The well-maintained condition of the units, coupled with the strong rental demand in Brea, makes this an ideal opportunity for investors looking to capitalize on a thriving market. Don’t miss out on the chance to acquire a promising asset in one of Orange County’s most sought-after cities.
Last Agent to Sell the Property
Sperry Commercial Brokerage Phone: 949-756-3232 License #02061381 Listed on: 08/19/2024
Last Buyer's Agent
NONE NONE
None MRML License #N/A
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1947
Lot Details
- 6,996 Sq Ft Lot
- 1 Common Wall
- Rectangular Lot
Parking
- 2 Open Parking Spaces
- 1 Car Garage
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 2,350 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Listing and Financial Details
- Tax Lot 3
- Tax Tract Number 441
- Assessor Parcel Number 28423402
- $448 per year additional tax assessments
Community Details
Overview
- 3 Buildings
- 3 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- Operating Expense $25,320
- Gross Income $75,427
- Net Operating Income $50,107
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/15/2024 11/15/24 | Sold | $1,075,000 | -4.4% | $457 / Sq Ft |
| 08/19/2024 08/19/24 | For Sale | $1,125,000 | -- | $479 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $9,571 | $1,075,000 | $980,297 | $94,703 |
| 2024 | $9,571 | $830,955 | $762,335 | $68,620 |
| 2023 | $9,308 | $814,662 | $747,387 | $67,275 |
| 2022 | $9,223 | $798,689 | $732,733 | $65,956 |
| 2021 | $9,051 | $783,029 | $718,366 | $64,663 |
| 2020 | $3,979 | $321,580 | $252,753 | $68,827 |
| 2019 | $3,802 | $315,275 | $247,797 | $67,478 |
| 2018 | $3,744 | $309,094 | $242,939 | $66,155 |
| 2017 | $3,751 | $303,034 | $238,176 | $64,858 |
| 2016 | $3,678 | $297,093 | $233,506 | $63,587 |
| 2015 | $3,627 | $292,631 | $229,999 | $62,632 |
| 2014 | $3,524 | $286,899 | $225,493 | $61,406 |
Source: Public Records
Agents Affiliated with this Home
-
James Wardlaw
-
N
Buyer's Agent in 2024
NONE NONE
None MRML
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24170435
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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