NOT LISTED FOR SALE

336 W La Veta Ave Orange, CA 92866

Orange Area
7 Beds
6 Baths
4,500 Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: August 12, 2019

Last sale price $1,300,000 $289 Per Sq Ft

40 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • No HOA
  • Traditional Architecture
  • Granite Countertops
  • Cooling System Mounted To A Wall/Window

About This Home

As of August 2019

LOCATION, LOCATION, LOCATION, JUST OUTSIDE OF OLD TOWNE BUT ONLY 6 BLOCKS FROM THE PLAZA, WALKING DISTANCE TO CHOC/ST JOSEPH HOSPITAL, A FEW BLOCKS FROM THE 22 FWY AND THE 5 FWY. 4 UNITS, ONE IS THE "OWNERS UNIT" CONSISTING OF 3 BEDROOMS AND 2 BATHS WITH A FIREPLACE AND AN OUTSIDE PATIO. THE OTHER 3 UNITS ARE A 2 BEDROOM 2 BATH. THERE ARE 4 SINGLE CAR GARAGES AND A COIN OPERATED LAUNDRY ON SITE. HUGE UPSIDE ON THE RENTS. 2 OF THE 4 UNITS HAVE NICE IMPROVEMENTS, THE OTHERS IN ORIGINAL CONDITION. THESE UNITS ARE ON THE CORNER WITH AN ALLEY BEHIND THAT AFFORDS ACCESS AND PARKING. 25 YEARS, SAME OWNER.

Last Agent to Sell the Property

Albert Ricci

Ricci Realty License #01011606 Listed on: 05/26/2019

Last Buyer's Agent

Albert Ricci

Ricci Realty License #01011606 Listed on: 05/26/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,850

Year Built

  • Built in 1970

Lot Details

  • 6,970 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 4 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Unassigned Parking

Home Design

  • Traditional Architecture
  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,500 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Electric Oven
  • Electric Range
  • Free-Standing Range
  • Dishwasher
  • Granite Countertops
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 48
  • Tax Tract Number 5127
  • Assessor Parcel Number 39063102

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Gardener Expense $1,200
  • Insurance Expense $1,600
  • Other Expense $9,319
  • Trash Expense $960
  • Water Sewer Expense $1,440
  • Operating Expense $15,827
  • Gross Income $29,394
  • Net Operating Income $29,394

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,850

Year Built

Built in 1970

Lot Details

6,970 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: UNKNOWN
  • Water Sewer Expenses: 1440.00
  • Zoning: R-3
  • Architectural Style: Traditional
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 39063102
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Laminate Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 288.89
  • Room Type: Kitchen, Living Room

Exterior Features

  • Foundation: Slab
  • Fence: No
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear, Garage - Single Door, Unassigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Free-Standing Range
  • Electric: Standard
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 960.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Near Public Transit
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 29394.00
  • Gross Operating Income: 45221.00
  • Gross Scheduled Income: 46620.00
  • Insurance Expense: 1600.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 50.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 29394.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 3
  • Number With Patio: 2
  • Number With Range: 4
  • Operating Expense: 15827.00
  • Operating Expense Percent: 35.00
  • Other Expense: 9319.00
  • Other Income Description: LAUNDRY ON LEASE
  • Rent Control: No
  • Total Actual Rent: 3885.00
  • Total Expenses: 15827.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Taxes Percent: 1.10
  • Tax Lot: 48
  • Tax Rate: 1.10
  • Tax Tract Number: 5127
  • Tax Annual Amount: 14850.00
  • Tax Year: 2018

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
May 26, 2019
Closed on
Aug 16, 2019
Sold by
Bought by
Seller's Agent
Albert Ricci
Ricci Realty
Buyer's Agent
Albert Ricci
Ricci Realty
List Price
$1,350,000
Sold Price
$1,300,000
Premium/Discount to List
-$50,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
0.0373%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 26, 2019
Closed on
Jul 9, 2019
Sold by
Bought by
Seller's Agent
Albert Ricci
Ricci Realty
Buyer's Agent
Albert Ricci
Ricci Realty
List Price
$1,350,000
Sold Price
$1,300,000
Premium/Discount to List
-$50,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
0.0373%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2014
Sold by
Bought by

Purchase Details

Closed on
Sep 14, 2006
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
$265,000
Interest Rate
0.0628%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 24, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- Accommodation
$1,300,000 Orange Coast Title
-- None Available
-- First American Title Ins Co
$270,000 Gateway Title Company
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 $1,224,849
Closed $49,140
Closed $1,040,000
Previous Owner $303,000
Previous Owner $265,000
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
08/12/2019 08/12/19 Sold $1,300,000 -3.7% $289 / Sq Ft
05/26/2019 05/26/19 For Sale $1,350,000 -- $300 / 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 $16,171 $1,421,738 $1,242,424 $179,314
2024 $15,812 $1,393,861 $1,218,062 $175,799
2023 $15,461 $1,366,531 $1,194,179 $172,352
2022 $15,159 $1,339,737 $1,170,764 $168,973
2021 $14,740 $1,313,468 $1,147,808 $165,660
2020 $14,604 $1,300,000 $1,136,038 $163,962
2019 $6,301 $504,422 $225,868 $278,554
2018 $6,208 $494,532 $221,439 $273,093
2017 $5,969 $484,836 $217,097 $267,739
2016 $5,859 $475,330 $212,840 $262,490
2015 $5,773 $468,191 $209,643 $258,548
2014 $5,650 $459,020 $205,536 $253,484
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19122976

California Regional Multiple Listing Service (CRMLS)
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