NOT LISTED FOR SALE

520 N Batavia St Orange, CA 92868

11 Beds
10 Baths
4,286 Sq Ft
0.51 Acres

Last Sold August 16, 2012

Last sale price $1,240,000 $289 Per Sq Ft

21 Days on Market

Highlights

  • 0.51 Acre Lot
  • Wood Siding
  • No Heating

About This Home

As of August 2012

STANDARD SALE! The subject property consists of a detached 4-unit building and eight 1 bedroom / 1 bathroom units on one lot in a good rental location in Orange. Most of the units are individually metered for both gas and electricity. This investment opportunity has a measurable amount of upside in the current rents. Conveniently located close to Chapman University and the 57 Fwy.

Last Agent to Sell the Property

Bill Webster

SVN / Vanguard License #00885653 Listed on: 06/25/2012

SVN / Vanguard

Last Buyer's Agent

Nasser Bakhtiari

Country Hills Realty License #01895542

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.51

Parking

  • 1 Car Garage

Home Design

  • 4,286 Sq Ft Home
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 10 Bathrooms

Additional Features

  • Leased Washer and Dryer
  • 0.51 Acre Lot
  • No Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 9
  • Tax Tract Number 4
  • Assessor Parcel Number 03901115

Community Details

Overview

  • 2 Buildings
  • 12 Units

Building Details

  • 13 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $10,710
  • Net Operating Income $81,170

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • CapRate: 6.55
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 03901115
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 289.31

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: No
  • Total Parking Spaces: 29.00

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 22081.00
  • Lot Size Acres: 0.5070

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 10710.00
  • Gross Multiplier: 9.47
  • Gross Scheduled Income: 130920.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 22081.0000 Square Feet
  • Net Operating Income: 81170.00
  • Number Of Separate Electric Meters: 13
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 12
  • Operating Expense: 44513.00
  • Operating Expense Percent: 34.00
  • Vacancy Allowance Rate: 4.00

Tax Info

  • Tax Lot: 9
  • Tax Tract Number: 4
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 List to Sale Price per Sq Ft
08/16/2012 08/16/12 Sold $1,240,000 0.0% $289 / Sq Ft
07/16/2012 07/16/12 Pending -- -- --
06/25/2012 06/25/12 For Sale $1,240,000 -- $289 / 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 $19,004 $1,526,964 $1,294,437 $232,527
2024 $19,004 $1,497,024 $1,269,056 $227,968
2023 $18,555 $1,467,671 $1,244,172 $223,499
2022 $18,171 $1,438,894 $1,219,777 $219,117
2021 $17,698 $1,410,681 $1,195,860 $214,821
2020 $17,530 $1,396,217 $1,183,598 $212,619
2019 $17,336 $1,368,841 $1,160,391 $208,450
2018 $17,079 $1,342,001 $1,137,638 $204,363
2017 $16,428 $1,315,688 $1,115,332 $200,356
2016 $16,126 $1,289,891 $1,093,463 $196,428
2015 $15,889 $1,270,516 $1,077,038 $193,478
2014 $15,553 $1,245,629 $1,055,940 $189,689
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P826479

California Regional Multiple Listing Service (CRMLS)