NOT LISTED FOR SALE

424 W Center St Placentia, CA 92870

7 Beds
4 Baths
2,835 Sq Ft
5,968 Sq Ft Lot

Last Sold January 07, 2017

Last sale price $682,500 $241 Per Sq Ft

54 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • 4-minute walk to Sante Fe Park
  • Kraemer Middle School Rated A
  • Level Lot

About This Home

As of January 2017

Great investment three units in the heart of Placentia, 4 car garage, one unit is 3 bed 2 bath and the other two are 2 bed 1 bath. 4th garage rented as well.

Last Agent to Sell the Property

Ani Tamoukian

Seven Gables Real Estate License #01025373 Listed on: 09/26/2016

Seven Gables Real Estate

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 5,968 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • 2,835 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 65
  • Tax Tract Number 140
  • Assessor Parcel Number 33936111

Community Details

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Electric Expense $408
  • Gardener Expense $1,080
  • Insurance Expense $1,800
  • Other Expense $187
  • Pest Control $140
  • Professional Management Expense $2,340
  • Trash Expense $1,524
  • Water Sewer Expense $2,568
  • Gross Income $49,400
  • Net Operating Income $38,553

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Parking

4

Listing Details

  • Professional Management Expense: 2340.00
  • Property Attached: Yes
  • Subdivision Name Other: Chapman Plaza (CHAP)
  • Water Sewer Expenses: 2568.00
  • Zoning: R3
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 33936111
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 240.74

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Pest Control Expense: 140.00
  • Sewer: Unknown
  • Trash Expense: 1524.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 5968.00

Multi Family

  • Electric Expense: 408.00
  • Gross Income: 49400.00
  • Gross Scheduled Income: 48600.00
  • Insurance Expense: 1800.00
  • Net Operating Income: 38553.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 10047.00
  • Other Expense: 187.00
  • Rent Control: No
  • Total Actual Rent: 4000.00

Tax Info

  • Tax Census Tract: 117.21
  • Tax Lot: 65
  • Tax Tract Number: 140

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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Average Value
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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 List to Sale Price per Sq Ft Prior Sale
01/07/2017 01/07/17 Sold $682,500 -9.0% $241 / Sq Ft
11/19/2016 11/19/16 Pending -- -- --
09/26/2016 09/26/16 For Sale $749,900 -36.2% $265 / Sq Ft
02/13/2015 02/13/15 Sold $1,175,000 0.0% $207 / Sq Ft View Prior Sale
12/11/2014 12/11/14 Pending -- -- --
11/10/2014 11/10/14 For Sale $1,175,000 -- $207 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $9,025 $792,097 $611,186 $180,911
2024 $9,025 $776,566 $599,202 $177,364
2023 $8,871 $761,340 $587,453 $173,887
2022 $8,798 $746,412 $575,934 $170,478
2021 $8,654 $731,777 $564,641 $167,136
2020 $8,673 $724,274 $558,851 $165,423
2019 $8,378 $710,073 $547,893 $162,180
2018 $8,277 $696,150 $537,150 $159,000
2017 $7,339 $608,388 $429,014 $179,374
2016 $7,195 $596,459 $420,602 $175,857
2015 $4,494 $347,954 $141,060 $206,894
2014 $4,366 $341,139 $138,297 $202,842
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16710822

California Regional Multiple Listing Service (CRMLS)