NOT LISTED FOR SALE
6 Beds
6 Baths
3,200 Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: December 11, 2020

Last sale price $1,055,000 $330 Per Sq Ft

13 Days on Market

Highlights

  • Landscaped
  • Central Heating and Cooling System
  • Back Yard

About This Home

As of December 2020

Incredible opportunity to buy a duplex in the city of Orange. Live in one and rent the other or buy as an investment property. These units are spacious and offer almost 1600 square feet per unit. Each offer a 3 bedroom and 2.5 bath, private yard and a two car garage. The property is centrally located off of the 22 freeway, about half a mile from the 5 freeway and a mile away from the 57 freeway with easy access. Close to UCI Medical Center, The Block shopping in Orange, movie theater and many restaurant choices nearby. Less than 10 minute from Chapman University, Old Town Orange and 9 minutes away from Disneyland park. The possibilities are endless with this property.

Last Agent to Sell the Property

Mohammad Elqanni

Black Rock Realty License #01902637 Listed on: 10/21/2020

Last Buyer's Agent

Joshua Thieme

First Team Real Estate License #01966133

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 6,098 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Back Yard

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 30
  • Tax Tract Number 9521
  • Assessor Parcel Number 23130313

Community Details

Overview

  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,000
  • Trash Expense $1,100
  • New Taxes Expense $6,500
  • Operating Expense $8,600
  • Gross Income $66,000
  • Net Operating Income $61,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

6,098 Sq Ft Lot

HOA Fees

$25 per month

Parking

4

Listing Details

  • CapRate: 6.30
  • Property Attached: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 23130313
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 329.69

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1100.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 75.00
  • Association Fee Frequency: Quarterly
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 66000.00
  • Gross Scheduled Income: 66000.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6098.0000 Square Feet
  • Net Operating Income: 61500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 4500.00
  • Rent Control: No
  • Total Actual Rent: 5500.00
  • Total Expenses: 8600.00

Tax Info

  • New Taxes Expense: 6500.00
  • Tax Census Tract: 761.02
  • Tax Lot: 30
  • Tax Tract Number: 9521

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
Oct 21, 2020
Closed on
Nov 12, 2020
Sold by
Bought by
Seller's Agent
Mohammad Elqanni
Black Rock Realty
Buyer's Agent
Joshua Thieme
First Team Real Estate
List Price
$997,500
Sold Price
$1,055,000
Premium/Discount to List
$57,500
5.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 1997
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
$1,055,000 Lawyers Title
-- Orange Coast Title
$221,000 Orange Coast 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 $780,000
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
12/11/2020 12/11/20 Sold $1,055,000 +5.8% $330 / Sq Ft
10/21/2020 10/21/20 For Sale $997,500 -- $312 / 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 $12,384 $1,141,965 $844,297 $297,668
2024 $12,384 $1,119,574 $827,742 $291,832
2023 $12,112 $1,097,622 $811,512 $286,110
2022 $11,879 $1,076,100 $795,600 $280,500
2021 $11,546 $1,055,000 $780,000 $275,000
2020 $3,879 $322,512 $109,462 $213,050
2019 $3,834 $316,189 $107,316 $208,873
2018 $3,777 $309,990 $105,212 $204,778
2017 $3,629 $303,912 $103,149 $200,763
2016 $3,561 $297,953 $101,126 $196,827
2015 $3,509 $293,478 $99,607 $193,871
2014 $3,435 $287,730 $97,656 $190,074
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20202435

California Regional Multiple Listing Service (CRMLS)

APN: 231-303-13

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