NOT LISTED FOR SALE

518 E 3rd St Santa Ana, CA 92701

Lacy Neighborhood
5 Beds
3 Baths
1,847 Sq Ft
6,250 Sq Ft Lot

Last Sold January 17, 2013

Last sale price $400,000 $217 Per Sq Ft

138 Days on Market

Highlights

  • Property is near public transit
  • Tile Flooring
  • No Heating

About This Home

As of January 2013

Two Houses One Lot, each unit has its own electrical,water and gas meters. Tenants pay all of their utilities. Enjoy the security of steady rental income while living in either of these homes. (Front House- current rent is below market) 3 bedrooms 2 baths,master bath with newer tile. Living room / kitchen open floorplan, inside laundry room and a 2 car garage. (Rear house) 2 bedrooms 1 bath, yard and a 2 car garage, great rental that'll help pay your mortgage. Enjoy rich rewards every month from this money making duplex in a great rental area. Close to downtown,shopping,schools and freeways.

Last Agent to Sell the Property

Angie Diaz-Moreno

Diaz-Moreno & Associates License #00899155 Listed on: 08/02/2012

Last Buyer's Agent

Graciela Ricaud

Elevate Real Estate Agency License #01238194

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 6,250

Parking

  • 2 Car Garage
  • Side Facing Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,847 Sq Ft Home
  • Tile Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • 6,250 Sq Ft Lot
  • Property is near public transit
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 4 / 2
  • Tax Tract Number 308
  • Assessor Parcel Number 39848202

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $935
  • New Taxes Expense $4,944
  • Gross Income $2,550
  • Net Operating Income $30,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 7.65
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 39848202
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Tile
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 216.57

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Parking Features: Concrete, Garage Faces Side
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 6250.00
  • Lot Size Acres: 0.1430

Multi Family

  • Gross Income: 2550.00
  • Gross Multiplier: 13.07
  • Gross Scheduled Income: 30600.00
  • Insurance Expense: 935.00
  • Net Operating Income: 30600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 4944.00
  • Tax Area: 11003
  • Tax Block: 2
  • Tax Lot: 4
  • Tax Tract Number: 308

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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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
01/17/2013 01/17/13 Sold $400,000 +1.1% $217 / Sq Ft
12/18/2012 12/18/12 Pending -- -- --
08/02/2012 08/02/12 For Sale $395,500 -- $214 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Angie Diaz-Moreno

    Diaz-Moreno & Associates

    Section Image
  • Graciela Ricaud

    Buyer's Agent in 2013

    Graciela Ricaud

    Elevate Real Estate Agency

    (714) 719-3067

    6 Total Sales

    Graciela Ricaud
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P830945

California Regional Multiple Listing Service (CRMLS)

APN: 398-482-02

California Orange County Santa Ana 92701 Lacy

518 E 3rd St, Santa Ana, CA

Not Listed for Sale

MultiFamily

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