NOT LISTED FOR SALE

514 N Eastwood Ave Santa Ana, CA 92701

4 Beds
5 Baths
5,950 Sq Ft
0.28 Acres

Last Sold January 16, 2013

Last sale price $945,000 $159 Per Sq Ft

77 Days on Market

About This Home

As of January 2013

Single family home and eight units on one lot. 3 Bedroom 2 Bath Home with fireplace & front yard; individually metered for all utilities. Upside Potential: Current rents are below market for the 1 bedroom and studio units allowing an investor realistic rent growth throughout the ownership. 100% Occupied with stable tenants. The property is located in a primarily residential street & within walking distance to the revamped Downtown Santa Ana and the Santa Ana Transportation Center and Metro Link. Low Financing Rates available in the low 4% range. Positive Cash Flow.

Last Agent to Sell the Property

Ignacio Diaz Jr

Investment Capital Real Estate License #01379930 Listed on: 09/04/2012

Last Buyer's Agent

Freida Sanei

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate License #00801572

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 98x125

Parking

  • 8 Parking Spaces

Home Design

  • 5,950 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Legal Lot and Block 3 / E
  • Tax Tract Number 344
  • Assessor Parcel Number 39837307

Community Details

Overview

  • 2 Buildings
  • 9 Units

Building Details

  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $576
  • Gardener Expense $2,400
  • Insurance Expense $2,520
  • Maintenance Expense $2,520
  • Other Expense $2,250
  • Trash Expense $2,412
  • Water Sewer Expense $3,468
  • New Taxes Expense $10,769
  • Gross Income $8,025
  • Net Operating Income $61,597

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 6.29
  • View: No
  • Water Sewer Expenses: 3468.00
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 39837307
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 158.82

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 8.00

Utilities

  • Heating: No
  • Laundry: No
  • Trash Expense: 2412.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 98x125
  • Lot Size Sq Ft: 12250.00
  • Lot Size Acres: 0.2810

Multi Family

  • Electric Expense: 576.00
  • Gross Income: 8025.00
  • Gross Multiplier: 10.17
  • Gross Scheduled Income: 96300.00
  • Insurance Expense: 2520.00
  • Maintenance Expense: 2520.00
  • Net Operating Income: 61597.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 9
  • Operating Expense: 30851.00
  • Operating Expense Percent: 33.00
  • Other Expense: 2250.00
  • Other Expense Description: 2340
  • Vacancy Allowance: 3852
  • Vacancy Allowance Rate: 4.00

Tax Info

  • New Taxes Expense: 10769.00
  • Tax Area: 11003
  • Tax Block: E
  • Tax Lot: 3
  • Tax Tract Number: 344

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2013 01/16/13 Sold $945,000 -3.5% $159 / Sq Ft
11/20/2012 11/20/12 Pending -- -- --
09/04/2012 09/04/12 For Sale $979,000 -- $165 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2013

    Ignacio Diaz Jr

    Investment Capital Real Estate

    (949) 201-8817

    10 Total Sales

    Ignacio Diaz Jr
    Section Image
  • Freida Sanei

    Buyer's Agent in 2013

    Freida Sanei

    BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate

    (818) 652-7770

    18 Total Sales

    Freida Sanei
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12003464

California Regional Multiple Listing Service (CRMLS)

APN: 398-373-07

California Orange County Santa Ana 92701

514 N Eastwood Ave, Santa Ana, CA

This home is located at 514 N Eastwood Ave, Santa Ana, CA 92701 since 04 September 2012. This property was built in 1963. 514 N Eastwood Ave is a home located in Orange County with nearby schools including Roosevelt-Walker Academy, Sierra Preparatory Academy, and Century High School.

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.

California Regional Multiple Listing Service (CRMLS) 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

Nearby Homes