NOT LISTED FOR SALE
8 Beds
8 Baths
3,820 Sq Ft
8,712 Sq Ft Lot

Last Sold December 04, 2020

Last sale price $1,150,000 $301 Per Sq Ft

324 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 2-minute walk to Pearl Park
  • Col. J. K. Tuffree Middle School Rated A

About This Home

As of December 2020

Desirable 4-plex located approximately 1 mile from Cal State Fullerton. High rental demand area. Long term tenants. All units are 2 large bedrooms 2 bathrooms. 6 car garages with all new doors. 4 separate gas and electric meters. Tenants pay all their own utilities. Laundry room next to the garage (currently not in use). Lots of recent work done to the property. Exterior paint for the whole building and staircase. New wood fence for both downstair units. Units 3 has been remodeled with new flooring, new shower, new bath tub and new paint. New kitchen, new counter tops for 3 units (except one unit downstairs since they have been living in there for more then 40 years). All units has been leased at a rate of $1400, $1600, $1700, $1700/mo. Walking distance to Lopez Elementary School. Close to freeway. Seller will need 1031 exchange at no cost to buyer.

Last Agent to Sell the Property

Lei Hebel

Realty One Group West License #01389093 Listed on: 12/03/2019

Realty One Group West

Last Buyer's Agent

Peiling Pak

Peiling Pak, Broker License #01860010

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 8,712 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 6 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,820 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 29
  • Tax Tract Number 5120
  • Assessor Parcel Number 33923308

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $240
  • Insurance Expense $1,674
  • Trash Expense $520
  • Water Sewer Expense $3,000
  • New Taxes Expense $14,310
  • Operating Expense $19,724
  • Net Operating Income $57,076

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Parcel Number: 33923308
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 301.05

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 520.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Multi Family

  • Electric Expense: 240.00
  • Gross Scheduled Income: 76800.00
  • Insurance Expense: 1674.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 57076.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 19724.00
  • Rent Control: Yes
  • Total Expenses: 19724.00

Tax Info

  • New Taxes Expense: 14310.00
  • Tax Census Tract: 117.11
  • Tax Lot: 29
  • Tax Tract Number: 5120

Range of Values:

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Sold Price
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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
12/04/2020 12/04/20 Sold $1,150,000 -8.4% $301 / Sq Ft
08/29/2020 08/29/20 Price Changed $1,255,000 -0.4% $329 / Sq Ft
04/05/2020 04/05/20 Price Changed $1,260,000 +5.0% $330 / Sq Ft
03/28/2020 03/28/20 Price Changed $1,200,000 -4.8% $314 / Sq Ft
03/25/2020 03/25/20 Price Changed $1,260,000 -0.4% $330 / Sq Ft
03/13/2020 03/13/20 Price Changed $1,265,000 -1.6% $331 / Sq Ft
03/12/2020 03/12/20 Price Changed $1,285,000 -2.7% $336 / Sq Ft
02/05/2020 02/05/20 Price Changed $1,320,000 -2.2% $346 / Sq Ft
12/03/2019 12/03/19 For Sale $1,350,000 -- $353 / 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: OC19275352

California Regional Multiple Listing Service (CRMLS)

APN: 339-233-08