NOT LISTED FOR SALE

401 W Stevens Ave Unit A-D Santa Ana, CA 92707

Sandpointe Neighborhood
6 Beds
5 Baths
4,109 Sq Ft
1969 Built

Last Sold September 24, 2018

Last sale price $1,550,000 $377 Per Sq Ft

46 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • 4 Car Garage
  • No HOA
  • Forced Air Heating System

About This Home

As of September 2018

401 W. Stevens Ave is a 4plex investment opportunity sitting in a prime corner location in a desirable neighborhood that is South Coast adjacent. The great unit mix includes a single level, ground floor 3 bedroom/2 bath unit featuring a master bedroom with ensuite bathroom and a private patio. The two 2 bedroom/2 bath units are stacked and each include a master bedroom with ensuite bathroom and private patio/balcony. The oversized 1 bedroom/1 bath unit has a private balcony and is set over the garages. For parking, there are 4 garages and 2 additional spots. There is an onsite laundry room. Windows and sliding doors have been changed and some interiors have been remodeled. The owner is not doing a 1031 Exchange so a quick close is possible. Conservative pro forma rent for the 3 bedroom unit is $2400 a month, 2 bedroom is $1800 a month and the 1 bedroom is $1500 a month.

Last Agent to Sell the Property

Christian Walsh

Berkshire Hathaway HomeServices California Properties License #01804983 Listed on: 06/29/2018

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Sandy Najjarine

Refined Realty License #01901399

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 7,405 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 4 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Parking Lot

Home Design

  • Property Attached

Interior Spaces

  • 4,109 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Additional Features

  • Suburban Location
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for all utilities, electricity, gas
  • Tax Lot 19
  • Tax Tract Number 6743
  • Assessor Parcel Number 41010201

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • New Taxes Expense $17,325
  • Operating Expense $18,825
  • Gross Income $90,000
  • Net Operating Income $71,175

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Sandpointe
  • Property Type: Residential Income
  • Parcel Number: 41010201
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 377.22

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Parking Space
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7405.00

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas

Multi Family

  • Gross Income: 90000.00
  • Gross Scheduled Income: 90000.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 71175.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 18825.00
  • Rent Control: No
  • Total Expenses: 18825.00

Tax Info

  • New Taxes Expense: 17325.00
  • Tax Area: 11004
  • Tax Census Tract: 740.04
  • Tax Lot: 19
  • Tax Tract Number: 6743

Range of Values:

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List Price
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 Change Sq Ft Price
09/24/2018 09/24/18 Sold $1,550,000 0.0% $377 / Sq Ft
06/29/2018 06/29/18 For Sale $1,550,000 -- $377 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Christian Walsh

    Seller's Agent in 2018

    Christian Walsh

    Berkshire Hathaway HomeServices California Properties

    (949) 677-3466

    82 Total Sales

    Christian Walsh
    Section Image

  • S

    Buyer's Agent in 2018

    Sandy Najjarine

    Refined Realty

    (714) 515-9998

    Sandy Najjarine
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18153857

California Regional Multiple Listing Service (CRMLS)

California Orange County Santa Ana 92707 Sandpointe

401 W Stevens Ave Unit A-D, Santa Ana, CA

This home is located at 401 W Stevens Ave Unit A-D, Santa Ana, CA 92707 since 29 June 2018. This property was built in 1969. 401 W Stevens Ave Unit A-D is a home located in Orange County with nearby schools including Taft Elementary School, McFadden Institute of Technology, and Saddleback High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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