NOT LISTED FOR SALE
6 Beds
4 Baths
3,469 Sq Ft
10,454 Sq Ft Lot

Sale Details

Date Sold: September 25, 2015

Last sale price $793,000 $229 Per Sq Ft

58 Days on Market

About This Home

As of September 2015

This is a single story, gated complex that is 100% occupied and sits on a huge lot of over 10,000 square feet. Subject property is in a great rental area and best of all, there is HUGE UPSIDE IN RENTS! There are also Individual water heaters along with washer/dryer hookups in each unit as well. There is also copper plumbing throughout so no need to worry about old plumbing pipes and slab leaks! Property is also individually metered for gas and electric so utility bills are extremely low for the owner. Tenants also enjoy private patios and garages for each unit.

Last Agent to Sell the Property

Ruben Khorsandi

Alliance Investment RE Group License #01085411 Listed on: 08/07/2015

Last Buyer's Agent

DiAnne Spain

ReMax Tiffany Real Estate License #00925368

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 10,454 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 3,469 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 2723
  • Assessor Parcel Number 03522207

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $840
  • Insurance Expense $1,214
  • Water Sewer Expense $1,400
  • New Taxes Expense $8,789
  • Gross Income $4,903
  • Net Operating Income $45,793

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

10,454 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1400.00
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 03522207
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 228.60

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 10454.00
  • Price Per Lot Square Foot: 75.86
  • Lot Size Acres: 0.2400

Multi Family

  • Gross Income: 4903.00
  • Gross Scheduled Income: 58836.00
  • Insurance Expense: 1214.00
  • Lot Size Area: 10454.0000 Square Feet
  • Net Operating Income: 45793.00
  • 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: 22.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8789.00
  • Tax Lot: 19
  • Tax Tract Number: 2723

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
Aug 7, 2015
Closed on
Sep 10, 2015
Sold by
Bought by
Seller's Agent
Ruben Khorsandi
Alliance Investment RE Group
Buyer's Agent
DiAnne Spain
ReMax Tiffany Real Estate
List Price
$799,000
Sold Price
$793,000
Premium/Discount to List
-$6,000
-0.75%

Purchase Details

Closed on
Aug 1, 2012
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
$457,500
Interest Rate
3.59%
Mortgage Type
New Conventional
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
$793,000 Lawyers Title Oc
$610,000 Lawyers 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
Previous Owner $457,500
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 Prior Sale
09/25/2015 09/25/15 Sold $793,000 -0.8% $229 / Sq Ft
09/18/2015 09/18/15 Pending -- -- --
07/22/2015 07/22/15 For Sale $799,000 +31.0% $230 / Sq Ft
10/01/2012 10/01/12 Sold $610,000 +1.8% $176 / Sq Ft View Prior Sale
08/20/2012 08/20/12 Pending -- -- --
06/25/2012 06/25/12 For Sale $599,000 -- $173 / 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 $11,776 $957,521 $847,094 $110,427
2025 $11,188 $938,747 $830,485 $108,262
2024 $11,188 $920,341 $814,201 $106,140
2023 $10,949 $902,296 $798,237 $104,059
2022 $10,807 $884,604 $782,585 $102,019
2021 $10,822 $867,259 $767,240 $100,019
2020 $10,776 $858,367 $759,373 $98,994
2019 $10,462 $841,537 $744,484 $97,053
2018 $10,249 $825,037 $729,887 $95,150
2017 $9,853 $808,860 $715,575 $93,285
2016 $9,823 $793,000 $701,544 $91,456
2015 $7,976 $625,012 $538,020 $86,992
2014 $7,500 $612,769 $527,481 $85,288
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15162417

California Regional Multiple Listing Service (CRMLS)

APN: 035-222-07

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