NOT LISTED FOR SALE

413 W Stevens Ave Santa Ana, CA 92707

Sandpointe Neighborhood
6 Beds
5 Baths
4,109 Sq Ft
7,405 Sq Ft Lot

Last Sold September 26, 2023

Last sale price $1,797,000 $437 Per Sq Ft

4 Days on Market

Highlights

  • Primary Bedroom Suite
  • Lawn
  • Cul-De-Sac
  • Main Floor Primary Bedroom
  • No HOA
  • Laundry Room

About This Home

As of September 2023

Extremely sought after Covington style 4-unit apartment building with a desirable mix comprised of (1) One-Bedroom/One-Bathroom, (2) Two- Bedroom/Two-Bathroom, and (1) Three- Bedroom/Two-Bathroom totaling approx. 4109 living sq ft. This is an excellent asset-add opportunity for any Investor. Current ownership has professionally maintained the asset. The property possesses many advantageous features such as the 3-bedroom single story unit offers a private enclosed patio. One lower 2-bedroom 2 bath boasts a large fenced in yard perfect for kids or herb garden. The upper 2 bedroom is a mirrored image of lower 2 bedroom with a quaint balcony. Upper 1 bedroom unit extends over the 4 attached single car garages and is generous in size and loads of storage and has a great room feel. Units also offer 2 additional parking spaces and coin operated laundry that generates additional income. Each unit has its own gas meter. This fully rented fourplex is situated in a cul-de -sac location on a highly sought after tree-lined street. The building offers a low maintenance yard, long-term tenants and is situated within minutes of South Coast Plaza, freeway access, shopping, entertainment, John Wayne airport and close to Segerstrom center. With the continued addition and demand for new development, this should continue to drive both population growth and increased household income, which ultimately provides much confidence for continued rent escalation.

Last Agent to Sell the Property

Dani Walker

First Team Real Estate License #01309428 Listed on: 08/14/2023

First Team Real Estate

Co-Listed By

Rosemarie Sire

First Team Real Estate License #00779859

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 7,405 Sq Ft Lot
  • Two or More Common Walls
  • Cul-De-Sac
  • South Facing Home
  • Vinyl Fence
  • Fence is in average condition
  • Lawn

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Quadruplex
  • Cosmetic Repairs Needed
  • Composition Roof

Interior Spaces

  • 4,109 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Window Screens
  • Entryway
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tenant pays for gas
  • Tax Lot 16
  • Tax Tract Number 6743
  • Assessor Parcel Number 41010204
  • $1,003 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 1 Separate Electric Meter
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $2,352
  • Maintenance Expense $5,853
  • Trash Expense $1,655
  • Water Sewer Expense $1,749
  • Operating Expense $12,809
  • Gross Income $240
  • Net Operating Income $61,531

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Price Per Unit: 425000
  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Covington
  • View: No
  • Water Sewer Expenses: 1749.00
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 41010204
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas Starter
  • Levels: Two
  • Price Per Square Foot: 437.33
  • Room Type: Entry, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite
  • Window Features: Screens

Exterior Features

  • Direction Faces: South
  • Fence: Yes
  • Fencing: Average Condition, Vinyl
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Garage Door Opener
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Range Hood, Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Trash Expense: 1655.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Lawn
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Gross Income: 240.00
  • Gross Operating Income: 240.00
  • Gross Scheduled Income: 74100.00
  • Insurance Expense: 2352.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 240.00
  • Lease Term: 12 Months
  • Lot Size Area: 7405.0000 Square Feet
  • Maintenance Expense: 5853.00
  • Net Operating Income: 61531.00
  • Number Of Rented Garages: 4
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 2
  • Number With Range: 4
  • Number With Refrigerator: 2
  • Operating Expense: 12809.00
  • Rent Control: No
  • Total Actual Rent: 6177.00
  • Total Expenses: 12809.00

Tax Info

  • Tax Census Tract: 740.04
  • Tax Lot: 16
  • Tax Tract Number: 6743
  • TaxOtherAnnualAssessmentAmount: 1003.00

Range of Values:

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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
09/26/2023 09/26/23 Sold $1,797,000 +5.7% $437 / Sq Ft
08/19/2023 08/19/23 Pending -- -- --
08/14/2023 08/14/23 For Sale $1,700,000 -- $414 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dani Walker

    Seller's Agent in 2023

    Dani Walker

    First Team Real Estate

    (714) 655-6056

    1 in this area

    103 Total Sales

    Dani Walker
    Section Image
  • Rosemarie Sire

    Seller Co-Listing Agent in 2023

    Rosemarie Sire

    First Team Real Estate

    (714) 856-8490

    1 in this area

    25 Total Sales

    Rosemarie Sire
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23135707

California Regional Multiple Listing Service (CRMLS)

APN: 410-102-04

California Orange County Santa Ana 92707 Sandpointe

413 W Stevens Ave, Santa Ana, CA

This home is located at 413 W Stevens Ave, Santa Ana, CA 92707 since 14 August 2023. This property was built in 1969. 413 W Stevens Ave 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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