NOT LISTED FOR SALE

312 Jensen Way Fullerton, CA 92833

9 Beds
5 Baths
3,234 Sq Ft
7,210 Sq Ft Lot

Last Sold November 15, 2012

Last sale price $679,000 $210 Per Sq Ft

10 Days on Market

Highlights

  • Contemporary Architecture
  • Balcony
  • No Heating

About This Home

As of November 2012

4 units income property, located in a great area in fullerton,next to mostly single family houses,unit 1 is 3 bedrooms / 2 baths, and 3 units with 2 bedrooms and one bath. All of the units have been recently upgraded. the 2 downstairs units have enclosed yard and 2 bedroom downstairs has 2 car garage, upstairs units have balcony and a shared garage.Property is approved for section 8 housing assistance. 3 bedroom unit was rented for $1,500. Landlord reduced the rent amont to $1,100 as a bonus since tenant works for them.This tenant is on month to month lease and new landlord can adjust it to $1,500 or ask tenant to move out.

Last Agent to Sell the Property

Kamran Mahdavi

Kamran Mahdavi, Broker License #01234129 Listed on: 10/25/2012

Last Buyer's Agent

Kamran Mahdavi

Kamran Mahdavi, Broker License #01234129 Listed on: 10/25/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 7,210 Sq Ft Lot
  • Lot Dimensions are 70x103

Parking

  • 4 Parking Spaces

Home Design

  • 3,234 Sq Ft Home
  • Contemporary Architecture
  • Stucco

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Balcony

Utilities

  • No Heating
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 4
  • Tax Tract Number 3046
  • Assessor Parcel Number 03038408

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Gardener Expense $480
  • Insurance Expense $1,200
  • Pest Control $120
  • Trash Expense $2,400
  • Water Sewer Expense $2,280
  • New Taxes Expense $8,572
  • Gross Income $5,250
  • Net Operating Income $46,648

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 6.87
  • View: No
  • Water Sewer Expenses: 2280.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 03038408
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 209.96

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: No
  • Laundry: No
  • Pest Control Expense: 120.00
  • Sewer: Sewer Paid
  • Trash Expense: 2400.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 70x103
  • Lot Size Sq Ft: 7210.00
  • Lot Size Acres: 0.1660

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 5250.00
  • Gross Multiplier: 10.78
  • Gross Scheduled Income: 63000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7210.0000 Square Feet
  • Net Operating Income: 46648.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 16352.00
  • Operating Expense Percent: 26.00
  • Vacancy Allowance: 1872
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 8572.00
  • Tax Area: 03003
  • Tax Lot: 4
  • Tax Tract Number: 3046

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
11/15/2012 11/15/12 Sold $679,000 0.0% $210 / Sq Ft
11/04/2012 11/04/12 Pending -- -- --
10/25/2012 10/25/12 For Sale $679,000 0.0% $210 / Sq Ft
03/06/2012 03/06/12 Rented $1,250 0.0% --
03/06/2012 03/06/12 Under Contract -- -- --
01/04/2012 01/04/12 For Rent $1,250 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kamran Mahdavi

    Seller's Agent in 2012

    Kamran Mahdavi

    Kamran Mahdavi, Broker

    (949) 697-6496

    10 Total Sales

    Kamran Mahdavi
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S716065

California Regional Multiple Listing Service (CRMLS)

APN: 030-384-08

California Orange County Fullerton 92833

312 Jensen Way, Fullerton, CA

This home is located at 312 Jensen Way, Fullerton, CA 92833 since 25 October 2012. This property was built in 1956. 312 Jensen Way is a home located in Orange County with nearby schools including Valencia Park Elementary School, Nicolas Junior High School, and Buena Park High School.

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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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