Archana Darekar
Coldwell Banker Platinum Prop
(949) 541-2434
40 Total Sales
1 in Orange
$1,201,000 Price
477 N Olive St Orange, CA 92866
Orange Area
8
Beds
4
Baths
3,184
Sq Ft
6,534
Sq Ft Lot
About This Home
As of April 2021Back on the Market! Location Location! Excellent opportunity to own investment property in Old Town Orange. This fourplex is one block west of Chapman College and near the Orange Circle. All units are 2 bedroom 1 bath with washer dryer hook ups inside and seperate electric and gas meters. Each unit has it's own garage (garage doors newly installed). All leases are month to month with rents well below market, offering an incredible upside potential for buyer. This property can be purchased seperately or together with 469 N Olive.
Last Buyer's Agent
General NONMEMBER
NONMEMBER MRML
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 6,534 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 4 Open Parking Spaces
- 4 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Property Attached
Interior Spaces
- 3,184 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry in unit
- Electric Dryer Hookup
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Tenant pays for all utilities, electricity, gas, sewer, trash collection
- Legal Lot and Block 22 / A
- Tax Tract Number 169
- Assessor Parcel Number 03914402
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Recreation
- Bike Trail
Building Details
- 3 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Gardener Expense $520
- Insurance Expense $1,869
- New Taxes Expense $13,346
- Operating Expense $15,735
- Gross Income $52,896
- Net Operating Income $41,976
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
Closed on
Dec 2, 2024
Sold by
Bought by
Purchase Details
Listed on
Feb 11, 2021
Closed on
Apr 7, 2021
Sold by
Bought by
Seller's Agent
Amy Bailey
Drouin Realty
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$1,275,000
Sold Price
$1,280,000
Premium/Discount to List
$5,000
0.39%
Purchase Details
Closed on
Nov 14, 2019
Sold by
Bought by
Purchase Details
Closed on
Sep 23, 1997
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Orange, CA
-
Archana Darekar
-
Ruben Gutierrez
Ruben Gutierrez
Responds QuicklyRuben Gutierrez, Broker
(657) 224-7194
30 Total Sales
3 in Orange
$880K - $1.2M Price Range
-
Teresa Andrade
Teresa Andrade
Elizabeth E. Rivera, Broker
(657) 325-7487
69 Total Sales
2 in Orange
$150K - $245K Price Range
-
Michael Mei
Michael Mei
Keller Williams Realty Irvine
(949) 763-5711
172 Total Sales
3 in Orange
$813K - $1.2M Price Range
-
Daniel Gray
Daniel Gray
First Team Real Estate
(657) 500-0995
24 Total Sales
10 in Orange
$174K - $2.1M Price Range
-
John Simcoe
John Simcoe
Keller Williams Realty
(951) 476-2949
185 Total Sales
4 in Orange
$800K - $1.6M Price Range
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 |
|---|---|---|---|
| -- | None Listed On Document | ||
| $2,560,000 | Chicago Title Company | ||
| -- | None Available | ||
| -- | -- |
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 |
|---|---|---|---|---|
| 04/16/2021 04/16/21 | Sold | $1,280,000 | 0.0% | $402 / Sq Ft |
| 03/20/2021 03/20/21 | Pending | -- | -- | -- |
| 03/19/2021 03/19/21 | Off Market | $1,280,000 | -- | -- |
| 03/15/2021 03/15/21 | For Sale | $1,275,000 | -0.4% | $400 / Sq Ft |
| 02/18/2021 02/18/21 | Off Market | $1,280,000 | -- | -- |
| 02/18/2021 02/18/21 | Pending | -- | -- | -- |
| 02/11/2021 02/11/21 | For Sale | $1,265,000 | -- | $397 / Sq Ft |
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 | $15,788 | $1,413,222 | $1,134,346 | $278,876 |
| 2025 | $15,437 | $1,385,512 | $1,112,104 | $273,408 |
| 2024 | $15,437 | $1,358,346 | $1,090,298 | $268,048 |
| 2023 | $15,093 | $1,331,712 | $1,068,919 | $262,793 |
| 2022 | $14,798 | $1,305,600 | $1,047,959 | $257,641 |
| 2021 | $11,303 | $985,101 | $732,511 | $252,590 |
| 2020 | $1,962 | $93,490 | $24,753 | $68,737 |
| 2019 | $1,949 | $91,657 | $24,267 | $67,390 |
| 2018 | $1,922 | $89,860 | $23,791 | $66,069 |
| 2017 | $1,868 | $88,099 | $23,325 | $64,774 |
| 2016 | $1,839 | $86,372 | $22,868 | $63,504 |
| 2015 | $1,811 | $85,075 | $22,524 | $62,551 |
| 2014 | $1,773 | $83,409 | $22,083 | $61,326 |
Source: Public Records
Agents Affiliated with this Home
-
Amy Bailey
A
Seller's Agent in 2021
Amy Bailey
Drouin Realty
(714) 731-9200
13 Total Sales
-
Wil Drouin
Seller Co-Listing Agent in 2021
Wil Drouin
Drouin Realty
(714) 731-9200
13 Total Sales
-
G
Buyer's Agent in 2021
General NONMEMBER
NONMEMBER MRML
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21029198
APN: 039-144-02
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.
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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