Seller's Agent in 2018
Dave Troutt
Seven Gables Real Estate
(714) 306-7343
47 Total Sales
516 E Walnut St Santa Ana, CA 92701
Pacific Park Neighborhood
4
Beds
4
Baths
2,600
Sq Ft
6,970
Sq Ft Lot
Highlights
- Traditional Architecture
- Laundry Room
- Turnkey
- Lawn
- Tile Flooring
- Wood Fence
About This Home
As of May 2018OH MY, Seller is TRULY CRAZY to sell at this price. INVEST IN ORANGE COUNTY NOW. DOUBLE DIGIT TOTAL RETURN ON THIS BEAUTY. DONT BUY ON PRO-FORMA NUMBERS, BUY ON ACTUAL RENTS, LIKE THIS ONE. Refurbished, single level 4 unit row building, super easy to manage. Extensive Remodel was just completed on all 4 units. New leases are in place. Just step in and collect rents.
Block wall on 2 sides, new water heaters , flooring, tubs, vanities , kitchen counters, window coverings, screens, paint, lighting, and on and on.
You wont be disappointed. If you looking for that jewel in the town, this is it. Centrally located, walking distance to everything. Tree lined street.
Last Agent to Sell the Property
Seven Gables Real Estate License #01749025 Listed on: 02/28/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1952 | Remodeled
Lot Details
- 6,970 Sq Ft Lot
- Two or More Common Walls
- Wood Fence
- Block Wall Fence
- New Fence
- Level Lot
- Lawn
Home Design
- Traditional Architecture
- Property Attached
- Turnkey
- Raised Foundation
- Composition Roof
Interior Spaces
- 2,600 Sq Ft Home
- 1-Story Property
Kitchen
- Gas Cooktop
- Disposal
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Parking Available
- Driveway
Utilities
- Wall Furnace
- Natural Gas Connected
- Water Heater
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity
- Tax Lot 1
- Tax Tract Number 1
- Assessor Parcel Number 40408102
Community Details
Overview
- 4 Units
Building Details
- 4 Leased Units
- 1 Separate Electric Meter
- Insurance Expense $1,500
- Trash Expense $1,200
- Water Sewer Expense $2,400
- New Taxes Expense $11,388
- Operating Expense $16,488
- Net Operating Income $49,932
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/11/2018 05/11/18 | Sold | $851,000 | +0.2% | $327 / Sq Ft |
| 04/12/2018 04/12/18 | Price Changed | $849,000 | -5.6% | $327 / Sq Ft |
| 03/20/2018 03/20/18 | Price Changed | $899,000 | -5.4% | $346 / Sq Ft |
| 02/28/2018 02/28/18 | For Sale | $949,900 | -- | $365 / 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 | $11,636 | $968,290 | $807,859 | $160,431 |
| 2024 | $11,636 | $949,304 | $792,018 | $157,286 |
| 2023 | $11,347 | $930,691 | $776,489 | $154,202 |
| 2022 | $11,224 | $912,443 | $761,264 | $151,179 |
| 2021 | $10,965 | $894,552 | $746,337 | $148,215 |
| 2020 | $10,984 | $885,380 | $738,684 | $146,696 |
| 2019 | $10,774 | $868,020 | $724,200 | $143,820 |
| 2018 | $7,871 | $625,000 | $552,652 | $72,348 |
| 2017 | $6,702 | $514,143 | $423,418 | $90,725 |
| 2016 | $6,573 | $504,062 | $415,115 | $88,947 |
| 2015 | $6,489 | $496,491 | $408,880 | $87,611 |
| 2014 | $6,376 | $486,766 | $400,871 | $85,895 |
Source: Public Records
Agents Affiliated with this Home
-
Dave Troutt
-
Hayal Forshey
H
Buyer's Agent in 2018
Hayal Forshey
Orange Realty Group
(949) 680-9663
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC18047192
APN: 404-081-02
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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