NOT LISTED FOR SALE
12 Beds
10 Baths
6,000 Sq Ft
9,540 Sq Ft Lot

Sale Details

Date Sold: November 10, 2016

Last sale price $1,800,900 $300 Per Sq Ft

186 Days on Market

Highlights

  • Property is near park
  • Lawn
  • 3 Car Garage
  • Los Alamitos Elementary School Rated A
  • No HOA
  • Laundry Facilities

About This Home

As of November 2016

Super clean 5 Unit two story apartment building with laundry facility on Huge lot. Two 3 bedroom 2 bath units downstairs, three 2 bedroom and 2 bath units upstairs. Each unit has its own 1 car garage and or parking spaces. All units have private patios. New paint, new roof, low maintenance building. The building is surrounded by mostly single family homes. A highly desirable area of Los Alamitos in top Orange County School District.

Last Agent to Sell the Property

Shaun Hurley

Coldwell Banker Realty License #00870450 Listed on: 04/21/2016

Coldwell Banker Realty

Last Buyer's Agent

Shaun Hurley

Coldwell Banker Realty License #00870450 Listed on: 04/21/2016

Coldwell Banker Realty
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 9,540 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Lawn
  • Front Yard

Parking

  • 3 Car Garage
  • Parking Available
  • Front Facing Garage
  • Side Facing Garage
  • Driveway
  • Assigned Parking

Home Design

  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 6,000 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 10 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Sewer Paid

Additional Features

  • Exterior Lighting
  • Property is near park

Listing and Financial Details

  • Tenant pays for cable TV
  • Tax Lot 433
  • Tax Tract Number 740
  • Assessor Parcel Number 22213252

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $390
  • Insurance Expense $1,350
  • Maintenance Expense $2,174
  • Pest Control $310
  • Water Sewer Expense $3,284
  • New Taxes Expense $17,755
  • Gross Income $100,800
  • Net Operating Income $74,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

9,540 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: No
  • CapRate: 3.95
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 3284.00
  • Property Type: Residential Income
  • Gardener Expense: 390.00
  • Parcel Number: 22213252
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 300.15

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway, Concrete, Garage, Garage Faces Front, Garage Faces Side
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available, Sewer Connected
  • Laundry: Yes
  • Laundry Features: Community, Dryer Included, Washer Included
  • Pest Control Expense: 310.00
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Level with Street, Level, Park Nearby
  • Lot Size Sq Ft: 9540.00
  • Price Per Lot Square Foot: 198.11

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Gross Income: 100800.00
  • Gross Scheduled Income: 101940.00
  • Insurance Expense: 1350.00
  • Laundry Equipment Own Lease: Own
  • Maintenance Expense: 2174.00
  • Net Operating Income: 74700.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 27240.00
  • Operating Expense Percent: 27.00
  • Rent Control: No
  • Total Actual Rent: 101940.00

Tax Info

  • New Taxes Expense: 17755.00
  • Tax Lot: 433
  • Tax Tract Number: 740

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2016
Closed on
Nov 3, 2016
Sold by
Land Mark Marketing Corporation
Bought by
Seller's Agent
Shaun Hurley
Coldwell Banker Realty
Buyer's Agent
Shaun Hurley
Coldwell Banker Realty
List Price
$1,775,000
Sold Price
$1,800,900
Premium/Discount to List
$25,900
1.46%

Purchase Details

Closed on
Nov 7, 2011
Sold by
Zarkos Gloria P
Bought by
Land Mark Marketing Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
3.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 15, 2000
Sold by
Lee Gary A and Lee Ann Barbara
Bought by
Zarkos Gloria P and Gloria P Zarkos Family Trust

Purchase Details

Closed on
Dec 3, 1993
Sold by
Lee Gary A and Lee Gary
Bought by
Lee Gary A and Lee Barbara Ann
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase 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 Buyer Sale Price Title Company
$1,801,000 Western Resources Title Co
Land Mark Marketing Corporation $1,150,000 Orange Coast Title Company O
Zarkos Gloria P -- Lawyers Title Company
Lee Gary A -- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $630,000
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
11/10/2016 11/10/16 Sold $1,800,900 +1.5% $300 / Sq Ft
10/24/2016 10/24/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $1,775,000 0.0% $296 / Sq Ft
02/01/2013 02/01/13 Rented $1,750 -7.9% --
01/09/2013 01/09/13 Under Contract -- -- --
10/12/2012 10/12/12 For Rent $1,900 0.0% --
08/06/2012 08/06/12 Rented $1,900 0.0% --
07/31/2012 07/31/12 Under Contract -- -- --
07/10/2012 07/10/12 For Rent $1,900 -- --
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
2026 $25,681 $2,131,897 $1,444,233 $687,664
2025 $25,203 $2,090,096 $1,415,915 $674,181
2024 $25,203 $2,049,114 $1,388,152 $660,962
2023 $24,612 $2,008,936 $1,360,934 $648,002
2022 $24,487 $1,969,546 $1,334,249 $635,297
2021 $23,948 $1,930,928 $1,308,087 $622,841
2020 $23,991 $1,911,129 $1,294,674 $616,455
2019 $23,128 $1,873,656 $1,269,288 $604,368
2018 $22,048 $1,836,918 $1,244,400 $592,518
2017 $21,576 $1,800,900 $1,220,000 $580,900
2016 $15,260 $1,220,195 $849,308 $370,887
2015 $15,069 $1,201,867 $836,551 $365,316
2014 $14,547 $1,178,325 $820,165 $358,160
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16084790

California Regional Multiple Listing Service (CRMLS)

APN: 222-132-52

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