NOT LISTED FOR SALE

482 N Oak St Orange, CA 92867

6 Beds
3 Baths
2,464 Sq Ft
5,802 Sq Ft Lot

Last Sold October 04, 2024

Last sale price $1,150,000 $467 Per Sq Ft

63 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 3 Car Garage
  • Living Room
  • Ceiling Fan
  • Wood Fence

About This Home

As of October 2024

Great investment opportunity in the City of Orange! Charming single-story 3 unit triplex with three 2 bedroom 1 bath units; this would be ideal for an owner user. Exterior has been newly painted and new flooring in all three units. All units are separately metered for electricity and gas. There is garage space for three vehicles and 3 car driveway. Separate community laundry area included. Rents are currently below market.
Property is close to restaurants, stores, Old Town Orange, Chapman University. Conveniently located near the 55, 22, and 5 freeways.
Selling in AS IS condition. Listing agent related to owner.

Last Agent to Sell the Property

Lyn Janota

William Kennedy And Associates Brokerage Phone: 949-278-4404 License #01944862 Listed on: 06/17/2024

Last Buyer's Agent

Ali Jahanshahi

Keller Williams Realty N. Tustin License #01712904

Keller Williams Realty N. Tustin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,709

Year Built

  • Built in 1962

Lot Details

  • 5,802 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Level Lot

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • Triplex
  • Entry on the 1st floor
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,464 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Laminate Flooring

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Rain Gutters
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 2 / 3005
  • Tax Tract Number 3826
  • Assessor Parcel Number 38601103

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $231
  • Insurance Expense $800
  • Maintenance Expense $2,000
  • Other Expense $1,434
  • Professional Management Expense $4,055
  • Trash Expense $711
  • Water Sewer Expense $1,777
  • Operating Expense $9,574
  • Gross Income $72,965
  • Net Operating Income $63,391

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,709

Year Built

Built in 1962

Lot Details

5,802 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 4055.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1777.00
  • Architectural Style: Ranch
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 38601103
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 466.72
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Water Heater
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 711.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 5802.00
  • Lot Size Acres: 0.1332
  • Latitude Manual: 33.79470700

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 231.00
  • Gross Income: 72965.00
  • Gross Operating Income: 72965.00
  • Gross Scheduled Income: 71220.00
  • Insurance Expense: 800.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 1745.00
  • Lot Size Area: 5802.0000 Square Feet
  • Maintenance Expense: 2000.00
  • Net Operating Income: 63391.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Operating Expense: 9574.00
  • Other Expense: 1434.00
  • Other Expense Description: Gas
  • Rent Control: No
  • Total Actual Rent: 5935.00
  • Total Expenses: 9574.00

Tax Info

  • Tax Area: 08-001
  • Tax Block: 3005
  • Tax Lot: 2
  • Tax Tract Number: 3826
  • Tax Annual Amount: 11709.00
  • Tax Year: 2023
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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
10/04/2024 10/04/24 Sold $1,150,000 -9.8% $467 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
08/01/2024 08/01/24 Price Changed $1,275,000 -1.9% $517 / Sq Ft
06/17/2024 06/17/24 For Sale $1,300,000 -- $528 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,976 $1,150,000 $1,039,999 $110,001
2024 $11,976 $1,056,006 $956,064 $99,942
2023 $11,709 $1,035,300 $937,317 $97,983
2022 $2,099 $126,921 $46,262 $80,659
2021 $2,051 $124,433 $45,355 $79,078
2020 $2,031 $123,158 $44,890 $78,268
2019 $2,014 $120,744 $44,010 $76,734
2018 $1,986 $118,377 $43,147 $75,230
2017 $1,922 $116,056 $42,301 $73,755
2016 $1,890 $113,781 $41,472 $72,309
2015 $1,861 $112,072 $40,849 $71,223
2014 $1,822 $109,877 $40,049 $69,828
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24121645

California Regional Multiple Listing Service (CRMLS)

APN: 386-011-03

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