NOT LISTED FOR SALE
9 Beds
7 Baths
4,369 Sq Ft
7,841 Sq Ft Lot

Sale Details

Date Sold: August 2, 2018

Last sale price $1,240,000 $284 Per Sq Ft

24 Days on Market

About This Home

As of August 2018

The Building you been waiting for - Covington 4 Plex located in the desirable area in West Anaheim Close to Schools and Shopping and on a quiet cul-de-sac . Building floor plan consist of ONE - Single story 3 Bedroom 2 bath owner’s unit with double garage, Two – 2 bedroom, 2 bath with 1 car garage and One 2 bedroom 1 bath with 1 car garage. Each unit has it's own laundry hook up and are separately metered for gas and electric. Perfect for either owner occupied or for investment. Close to 405/22 interchange and employment centers in both LA and Orange counties. You won't find a better opportunity than this one

Last Agent to Sell the Property

Eric Reichert

OCProperties License #00967215 Listed on: 06/16/2018

Last Buyer's Agent

Yuen Lam

Long Coast Realty License #01830255

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 7,841 Sq Ft Lot
  • Two or More Common Walls
  • Cul-De-Sac

Parking

  • 5 Car Garage
  • Parking Available
  • Side Facing Garage
  • Two Garage Doors

Home Design

  • Property Attached

Interior Spaces

  • 4,369 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 8204
  • Assessor Parcel Number 13438123

Community Details

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,045
  • Insurance Expense $1,522
  • Maintenance Expense $21,197
  • Pest Control $385
  • Water Sewer Expense $711
  • New Taxes Expense $13,098
  • Operating Expense $17,688
  • Gross Income $76,620
  • Net Operating Income $61,332

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

7,841 Sq Ft Lot

Parking

5

Listing Details

  • CapRate: 5.20
  • Property Attached: Yes
  • Water Sewer Expenses: 711.00
  • Property Type: Residential Income
  • Gardener Expense: 1045.00
  • Parcel Number: 13438123
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 283.82

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Garage Faces Side, Garage - Two Door
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Pest Control Expense: 385.00
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 7841.00

Multi Family

  • Gross Income: 76620.00
  • Gross Multiplier: 14.90
  • Gross Scheduled Income: 76620.00
  • Gross Spendable Income: 61332.00
  • Insurance Expense: 1522.00
  • Maintenance Expense: 21197.00
  • Maintenance Percent: 22.00
  • Net Operating Income: 61332.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 17688.00
  • Operating Expense Percent: 22.00
  • Rent Control: No
  • Total Actual Rent: 6385.00
  • Total Expenses: 17688.00

Tax Info

  • New Taxes Expense: 13098.00
  • Tax Census Tract: 1102.03
  • Tax Lot: 10
  • Tax Tract Number: 8204

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
Jun 16, 2018
Closed on
Jul 18, 2018
Sold by
Williams Robert R and Williams Patricia F
Bought by
Seller's Agent
Eric Reichert
OCProperties
Buyer's Agent
Yuen Lam
Long Coast Realty
List Price
$1,180,000
Sold Price
$1,240,000
Premium/Discount to List
$60,000
5.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 16, 2018
Closed on
Jul 17, 2018
Sold by
Lam Ma Sandy
Bought by
Ma Thanh C
Seller's Agent
Eric Reichert
OCProperties
Buyer's Agent
Yuen Lam
Long Coast Realty
List Price
$1,180,000
Sold Price
$1,240,000
Premium/Discount to List
$60,000
5.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 16, 2018
Closed on
Jul 6, 2018
Sold by
Little Johnny L and Williams Patricia F
Bought by
Ma Thahn C
Seller's Agent
Eric Reichert
OCProperties
Buyer's Agent
Yuen Lam
Long Coast Realty
List Price
$1,180,000
Sold Price
$1,240,000
Premium/Discount to List
$60,000
5.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2014
Sold by
Little Johnny L
Bought by
Little Johnny L and Johnny L Little Family Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- Lawyers Title Co
Ma Thanh C -- Lawyers Title Co
Ma Thahn C $1,240,000 Lawyers Title Co
Little Johnny L -- Accommodation
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 $770,000
Closed Ma Thanh C $781,000
Closed Ma Thanh C $790,000
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
08/02/2018 08/02/18 Sold $1,240,000 0.0% $284 / Sq Ft
07/10/2018 07/10/18 Price Changed $1,240,000 +5.1% $284 / Sq Ft
07/10/2018 07/10/18 For Sale $1,180,000 -4.8% $270 / Sq Ft
07/04/2018 07/04/18 Off Market $1,240,000 -- --
07/02/2018 07/02/18 For Sale $1,180,000 -4.8% $270 / Sq Ft
07/01/2018 07/01/18 Off Market $1,240,000 -- --
06/16/2018 06/16/18 For Sale $1,180,000 -- $270 / 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
2026 $16,933 $1,410,906 $1,175,975 $234,931
2025 $16,181 $1,383,242 $1,152,917 $230,325
2024 $16,181 $1,356,120 $1,130,311 $225,809
2023 $15,767 $1,329,530 $1,108,148 $221,382
2022 $15,456 $1,303,461 $1,086,419 $217,042
2021 $15,609 $1,277,903 $1,065,116 $212,787
2020 $15,399 $1,264,800 $1,054,194 $210,606
2019 $14,975 $1,240,000 $1,033,523 $206,477
2018 $3,478 $221,099 $51,833 $169,266
2017 $3,375 $216,764 $50,816 $165,948
2016 $3,356 $212,514 $49,819 $162,695
2015 $3,316 $209,322 $49,070 $160,252
2014 $3,170 $205,222 $48,109 $157,113
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18144082

California Regional Multiple Listing Service (CRMLS)

APN: 134-381-23

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