NOT LISTED FOR SALE

406 E Glendale Dr Orange, CA 92865

6 Beds
4 Baths
2,162 Sq Ft
9,148 Sq Ft Lot

Sale Details

Date Sold: April 6, 2021

Last sale price $1,020,000 $472 Per Sq Ft

9 Days on Market

Highlights

  • Double Pane Windows
  • Tile Flooring
  • Rectangular Lot
  • Fletcher Mandarin Language & Gate Academy Rated A-
  • Central Heating and Cooling System
  • 5-minute walk to Shaffer Park

About This Home

As of April 2021

The Glendale Drive duplex apartments present a great opportunity to purchase a single story duplex in a rarely available, predominately single family neighborhood located in north east Orange. Both apartments are turnkey 3 bedroom 2 bathroom units with private, enclosed front/back yards and are currently not occupied by tenants. This makes the duplex ideal for either an owner occupant looking to move in and have a tenant of their choice pay a significant portion of the mortgage or for an investor looking to start with a clean slate with the ability to rent both units at market rates without having to assume the cost of renovations. Upgrades to both units include the following: vinyl wood plank flooring, tile floors in the bathrooms, modern stone countertops in kitchens and bathrooms, new shower enclosures, and newer appliances. Apartment amenities include: enclosed front and back yards, central AC and heat, laundry hookups, fireplace in the living room, and garage parking. The Glendale Drive duplex is truly a unique and rare property in a great neighborhood in Orange.

Last Agent to Sell the Property

Michael Arp

Morgan Skenderian License #01488586 Listed on: 01/13/2021

Last Buyer's Agent

Michael Arp

Morgan Skenderian License #01488586 Listed on: 01/13/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 9,148 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot
  • Sprinkler System

Parking

  • 3 Car Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Front Facing Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,162 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Laundry in Garage

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 4
  • Tax Tract Number 7696
  • Assessor Parcel Number 37442228

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $823
  • Fuel Expense $1,000
  • Gardener Expense $1,300
  • Insurance Expense $738
  • Maintenance Expense $3,085
  • New Taxes Expense $10,468
  • Operating Expense $18,495
  • Gross Income $63,600
  • Net Operating Income $43,197

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

9,148 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Property Type: Residential Income
  • Gardener Expense: 1300.00
  • Parcel Number: 37442228
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 471.79
  • Room Type: All Bedrooms Down
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Sprinkler System
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100
  • Latitude Manual: 33.81628500

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average3 Bed Area: 1081 Square Feet
  • Electric Expense: 823.00
  • Fuel Expense: 1000.00
  • Gross Income: 63600.00
  • Gross Operating Income: 61692.00
  • Gross Scheduled Income: 63600.00
  • Insurance Expense: 738.00
  • Lot Size Area: 9148.0000 Square Feet
  • Maintenance Expense: 3085.00
  • Maintenance Percent: 5.00
  • Net Operating Income: 43197.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Operating Expense: 18495.00
  • Operating Expense Percent: 29.10
  • Rent Control: Yes
  • Total Expenses: 18495.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 10468.00
  • Tax Census Tract: 762.08
  • Tax Lot: 4
  • Tax Tract Number: 7696
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
04/06/2021 04/06/21 Sold $1,020,000 +2.1% $472 / Sq Ft
01/13/2021 01/13/21 For Sale $999,000 -- $462 / 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 $11,991 $1,104,080 $865,946 $238,134
2024 $11,991 $1,082,432 $848,967 $233,465
2023 $11,728 $1,061,208 $832,320 $228,888
2022 $11,502 $1,040,400 $816,000 $224,400
2021 $4,666 $397,574 $263,894 $133,680
2020 $4,623 $393,498 $261,188 $132,310
2019 $4,568 $385,783 $256,067 $129,716
2018 $4,499 $378,219 $251,046 $127,173
2017 $4,320 $370,803 $246,123 $124,680
2016 $4,239 $363,533 $241,297 $122,236
2015 $4,177 $358,073 $237,673 $120,400
2014 $4,088 $351,059 $233,017 $118,042
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21006713

California Regional Multiple Listing Service (CRMLS)

APN: 374-422-28

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