Seller's Agent in 2024
James Wardlaw
Sperry Commercial
(714) 496-1100
5 Total Sales
3
Beds
3
Baths
2,350
Sq Ft
6,996
Sq Ft Lot
Highlights
- Rectangular Lot
- 1-Story Property
- 3-minute walk to City Hall Park
- Brea Junior High School Rated A
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 in unit
- 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
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 19, 2024
Closed on
Oct 29, 2024
Sold by
Bought by
Seller's Agent
James Wardlaw
Sperry Commercial
Buyer's Agent
NONE NONE
None MRML
List Price
$1,125,000
Sold Price
$1,075,000
Premium/Discount to List
-$50,000
-4.44%
Views
84
Purchase Details
Closed on
May 22, 2024
Sold by
Bought by
Purchase Details
Closed on
Jun 20, 2023
Sold by
Bought by
Purchase Details
Closed on
Dec 12, 2019
Sold by
Bought by
Purchase Details
Closed on
Feb 1, 2017
Sold by
Bought by
Purchase Details
Closed on
Aug 14, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
0.0627%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 12, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
0.0627%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 23, 2002
Sold by
Bought by
Purchase Details
Closed on
May 29, 2000
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,075,000 | First American Title | ||
| -- | None Listed On Document | ||
| -- | None Listed On Document | ||
| $775,000 | Stewart Title Of Ca Inc | ||
| -- | None Available | ||
| -- | Gateway Title Company | ||
| -- | Gateway Title Company | ||
| -- | Commonwealth Land Title | ||
| -- | -- |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $415,000 | ||
| Previous Owner | $425,000 | ||
| Previous Owner | $100,000 | ||
| Previous Owner | $520,000 | ||
| Previous Owner | $200,000 | ||
| Previous Owner | $45,000 | ||
| Previous Owner | $230,000 | ||
| Previous Owner | $30,000 |
Source: Public Records
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 |
|---|---|---|---|---|
| 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
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 | $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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