NOT LISTED FOR SALE

360 N Oak St Orange, CA 92867

8 Beds
8 Baths
3,210 Sq Ft
9,148 Sq Ft Lot

Last Sold November 27, 2020

Last sale price $1,345,600 $419 Per Sq Ft

90 Days on Market

Highlights

  • Neighborhood Views
  • Landscaped
  • Wall Furnace
  • Laundry Room
  • Turnkey
  • 1-Story Property

About This Home

As of November 2020

Turnkey 4 - Plex in a prime location with long term renters is the opportunity investors are looking for. This upgraded multi-unit investment has a brand new roof, new driveway, new flooring, and fresh paint. All four of the well kept units offer various upgrades and are 2 bedroom / 2 bath that lay on a 9,148 lot. Close to restaurants, stores, Orange Circle, Chapman University, Chapman Hospital, and quick access to multiple freeways. All tenants are responsible with some upside on the rents and all units are separately metered for electric. Also has separate laundry room and 2 - 2 car garages each with independent storage units. This will be a great one to add to your portfolio and keep for years to come!

Last Agent to Sell the Property

Syngen Bingham

KASE Real Estate License #02028991 Listed on: 08/04/2020

Last Buyer's Agent

Jorge Lopez

Jorge Lopez, Broker License #01919114

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 9,148 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Density is up to 1 Unit/Acre

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Quadruplex
  • Turnkey

Interior Spaces

  • 3,210 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Electric Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Leased Washer and Dryer

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for gas, water
  • Tax Lot E,F
  • Tax Tract Number 8001
  • Assessor Parcel Number 38602105

Community Details

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • Electric Expense $180
  • Fuel Expense $875
  • Gardener Expense $840
  • Insurance Expense $1,881
  • Maintenance Expense $558
  • Supplies Expense $200
  • Trash Expense $768
  • Water Sewer Expense $1,277
  • New Taxes Expense $11,260
  • Operating Expense $18,059
  • Gross Income $900
  • Net Operating Income $63,193

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Supplies Expense: 200.00
  • View: Yes
  • Water Sewer Expenses: 1277.00
  • Zoning: R3
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 38602105
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 419.19
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range
  • Heating Type: Wall Furnace, Electric
  • Laundry Features: Community, In Garage
  • Sewer: Unknown
  • Trash Expense: 768.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Landscaped
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100

Rental Info

  • Tenant Pays: Gas, Water

Multi Family

  • Electric Expense: 180.00
  • Fuel Expense: 875.00
  • Gross Income: 900.00
  • Gross Operating Income: 81252.00
  • Gross Scheduled Income: 81252.00
  • Insurance Expense: 1881.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 900.00
  • Lot Size Area: 9148.0000 Square Feet
  • Maintenance Expense: 558.00
  • Net Operating Income: 63193.00
  • Number Of Separate Electric Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 18059.00
  • Rent Control: Yes
  • Total Expenses: 18059.00

Tax Info

  • New Taxes Expense: 11260.00
  • Tax Census Tract: 758.05
  • Tax Lot: E,F
  • Tax Tract Number: 08001

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
11/27/2020 11/27/20 Sold $1,345,600 -3.9% $419 / Sq Ft
09/10/2020 09/10/20 Price Changed $1,400,000 -3.4% $436 / Sq Ft
08/04/2020 08/04/20 For Sale $1,450,000 -- $452 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $16,173 $1,456,520 $1,131,791 $324,729
2024 $16,173 $1,427,961 $1,109,599 $318,362
2023 $15,813 $1,399,962 $1,087,842 $312,120
2022 $15,505 $1,372,512 $1,066,512 $306,000
2021 $15,076 $1,345,600 $1,045,600 $300,000
2020 $11,399 $994,150 $808,749 $185,401
2019 $11,260 $974,657 $792,891 $181,766
2018 $11,091 $955,547 $777,345 $178,202
2017 $10,641 $936,811 $762,103 $174,708
2016 $9,865 $862,962 $701,168 $161,794
2015 $9,721 $850,000 $690,636 $159,364
2014 $7,963 $683,087 $523,723 $159,364
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20155335

California Regional Multiple Listing Service (CRMLS)

APN: 386-021-05