NOT LISTED FOR SALE

414 E Meats Ave Orange, CA 92865

7 Beds
4 Baths
2,460 Sq Ft
7,405 Sq Ft Lot

Last Sold May 11, 2016

Last sale price $885,000 $360 Per Sq Ft

4 Days on Market

Highlights

  • Granite Countertops
  • No HOA
  • Laundry Room
  • Fletcher Mandarin Language & Gate Academy Rated A-
  • Cooling System Mounted To A Wall/Window
  • Landscaped

About This Home

As of May 2016

Excellent Income property in the heart of Orange !Great location close to shopping ,restaurants and 91,55 & 57 Fwys. Property is located in the Villa Park High School District. All three units have upgraded with interior paint, tile flooring and carpet in the bedrooms. New kitchens with granite counters. New stoves and dishwashers. Wood burning fireplaces in living rooms of each unit. 3 car attached garage and extra parking. Exterior of building recently painted. Beautifully maintained!

Last Agent to Sell the Property

Linda Rodriguez

No Firm Affiliation License #00717105 Listed on: 04/07/2016

No Firm Affiliation

Last Buyer's Agent

Barbara Kelly

Kelly Associates License #00591467

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 7,405 Sq Ft Lot
  • 1 Common Wall
  • Vinyl Fence
  • Block Wall Fence
  • Landscaped
  • Sprinkler System
  • Back Yard
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,460 Sq Ft Home
  • Living Room with Fireplace
  • Carpet

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer

Outdoor Features

  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 5
  • Tax Tract Number 8353
  • Assessor Parcel Number 37443102

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • Electric Expense $625
  • Insurance Expense $1,200
  • Trash Expense $500
  • Water Sewer Expense $675
  • Gross Income $64,800
  • Net Operating Income $60,960

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 675.00
  • Property Type: Residential Income
  • Parcel Number: 37443102
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Granite Counters
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 359.76

Exterior Features

  • Foundation: Slab
  • Exterior Features: Lighting
  • Fencing: Block, Vinyl
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Cable Available, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooktop, Disposal, Gas Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Outside, Washer Included
  • Trash Expense: 500.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Back Yard, 0-1 Unit/Acre, Landscaped, Sprinkler System
  • Lot Size Sq Ft: 7405.00
  • Price Per Lot Square Foot: 119.51

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Electric Expense: 625.00
  • Gross Income: 64800.00
  • Gross Scheduled Income: 64800.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 60960.00
  • Number Of Separate Electric Meters: 4
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Operating Expense: 3840.00
  • Rent Control: No

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 8353

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
05/11/2016 05/11/16 Sold $885,000 +1.1% $360 / Sq Ft
04/11/2016 04/11/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $875,000 -- $356 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Linda Rodriguez

    No Firm Affiliation

    Section Image

  • B

    Buyer's Agent in 2016

    Barbara Kelly

    Kelly Associates

    (714) 832-1577

    5 Total Sales

    Barbara Kelly
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16072584

California Regional Multiple Listing Service (CRMLS)

APN: 374-431-02

California Orange County Orange 92865

414 E Meats Ave, Orange, CA

Not Listed for Sale

MultiFamily

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