NOT LISTED FOR SALE

407 N Tustin Ave Anaheim, CA 92807

Anaheim Hills Neighborhood
6 Beds
6 Baths
3,413 Sq Ft
9,583 Sq Ft Lot

Last Sold February 01, 2021

Last sale price $1,180,000 $346 Per Sq Ft

37 Days on Market

Highlights

  • View of Hills
  • Lawn
  • Cooling System Mounted To A Wall/Window
  • Villa Park High School Rated A
  • No HOA
  • Laundry Room

About This Home

As of February 2021

Great investment opportunity with long term tenants. All units are well maintained with a big lot of 9583 sqft and conveniently located near the 55 and 91 freeways. It's a very close proximity to Fullerton, Placentia, Orange, Yorba Linda, Villa Park, and Cerritos. This 4-plex has two 2bed 2bath downstairs with patios and two one bed one bath units upstairs units with balconies. Recent upgrades such as 80 gal water heater, newer paint, resurfaced kitchen cabinets , countertops, kitchen stoves, updated windows, and roll up garage doors. The first 2bed 2 bath(unit A) has two car garage and the rest with one car garage. There are 5 additional parking behind the 5 garages. Also, many more parking on the street. Nice and roomy front lawn makes it feel right at home. Asking price is on the lower end compared to similar properties in OC.

Last Agent to Sell the Property

Tinh Lam

I Realty & Funding License #01332723 Listed on: 11/10/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 9,583 Sq Ft Lot
  • 1 Common Wall
  • Front Yard Sprinklers
  • Lawn

Parking

  • 5 Open Parking Spaces
  • 5 Car Garage
  • On-Street Parking

Home Design

  • Quadruplex
  • Fire Rated Drywall
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,413 Sq Ft Home
  • 2-Story Property
  • Views of Hills

Kitchen

  • Gas Range
  • Range Hood

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Central Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 44
  • Tax Tract Number 4643
  • Assessor Parcel Number 36026405

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,080
  • Insurance Expense $1,850
  • Maintenance Expense $2,096
  • Water Sewer Expense $1,150
  • New Taxes Expense $12,650
  • Operating Expense $18,826
  • Gross Income $69,876
  • Net Operating Income $49,652

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

5

Listing Details

  • Other Phone Description: 714-661-7366
  • Price Per Unit: 287500
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1150.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 36026405
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 345.74

Exterior Features

  • View: Hills
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: No
  • Parking Features: Street
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Cable Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Range Hood, Water Heater Central
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Lot 6500-9999, Sprinklers In Front
  • Lot Size Sq Ft: 9583.00
  • Lot Size Acres: 0.2200
  • Latitude Manual: 33.84659200

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 800 Square Feet
  • Average2 Bed Area: 907 Square Feet
  • Gross Income: 69876.00
  • Gross Multiplier: 16.46
  • Gross Operating Income: 68478.00
  • Gross Scheduled Income: 69876.00
  • Insurance Expense: 1850.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 65.00
  • Lot Size Area: 9583.0000 Square Feet
  • Maintenance Expense: 2096.00
  • Maintenance Percent: 3.00
  • Net Operating Income: 49652.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 18826.00
  • Rent Control: No
  • Total Actual Rent: 5758.00
  • Total Expenses: 18826.00
  • Vacancy Allowance: 1398
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 12650.00
  • Tax Census Tract: 762.02
  • Tax Lot: 44
  • Tax Tract Number: 4643

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Prior Sale
02/01/2021 02/01/21 Sold $1,180,000 +1.7% $346 / Sq Ft
01/14/2021 01/14/21 Price Changed $1,160,000 +0.9% $340 / Sq Ft
01/14/2021 01/14/21 For Sale $1,150,000 0.0% $337 / Sq Ft
12/17/2020 12/17/20 Pending -- -- --
11/16/2020 11/16/20 Pending -- -- --
11/10/2020 11/10/20 For Sale $1,150,000 +6.0% $337 / Sq Ft
02/10/2020 02/10/20 Sold $1,085,000 -3.6% $318 / Sq Ft View Prior Sale
12/17/2019 12/17/19 Pending -- -- --
11/21/2019 11/21/19 For Sale $1,125,000 -- $330 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tinh Lam

    I Realty & Funding

    Section Image
  • Michael Arp

    Seller's Agent in 2020

    Michael Arp

    Morgan Skenderian

    (714) 262-8992

    1 in this area

    45 Total Sales

    Michael Arp
    Section Image

  • E

    Buyer's Agent in 2020

    EMMANUEL RAMOS

    Nestegg Inc.

    (714) 988-3015

    7 Total Sales

    EMMANUEL RAMOS
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20236674

California Regional Multiple Listing Service (CRMLS)

APN: 360-264-05

California Orange County Anaheim 92807 Anaheim Hills

407 N Tustin Ave, Anaheim, CA

This home is located at 407 N Tustin Ave, Anaheim, CA 92807 since 10 November 2020. This property was built in 1964. 407 N Tustin Ave is a home located in Orange County with nearby schools including Olive Elementary School, Cerro Villa Middle School, and Villa Park 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

Nearby Homes