NOT LISTED FOR SALE
10 Beds
10 Baths
5,330 Sq Ft
6,970 Sq Ft Lot

Last Sold January 14, 2021

Last sale price $210,000 $39 Per Sq Ft

5 Days on Market

Highlights

  • Gated Parking
  • Laundry Room
  • Combination Of Heating Systems
  • Cooling System Mounted To A Wall/Window

About This Home

As of January 2021

10-unit Apartment Building located in Santa Ana. Built in 1985, include individually metered for gas and electric, gated parking area, laundry on site, each unit has it's own balcony, assigned parking space + additional spaces to rent. Walking distance to Downtown Santa Historic District.

Last Agent to Sell the Property

Kristina Koukladas

KRPM Group License #01893217 Listed on: 10/09/2020

Last Buyer's Agent

Matthew Hoyt

Hoyt Real Estate, Inc. License #01426139

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 6,970 Sq Ft Lot
  • No Common Walls
  • Density is 6-10 Units/Acre

Interior Spaces

  • 5,330 Sq Ft Home
  • 3-Story Property
  • Gas Range
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Bathrooms

Parking

  • Parking Available
  • Gated Parking
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Combination Of Heating Systems

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Legal Lot and Block 14 / B
  • Tax Tract Number 568
  • Assessor Parcel Number 40408111

Community Details

Building Details

  • 10 Leased Units
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $797
  • Gardener Expense $1,080
  • Insurance Expense $1,288
  • Professional Management Expense $8,000
  • Trash Expense $4,944
  • Water Sewer Expense $4,930
  • New Taxes Expense $21,000
  • Operating Expense $42,039
  • Gross Income $2,040
  • Net Operating Income $106,641

Additional Features

  • 10 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Professional Management Expense: 8000.00
  • Property Attached: No
  • Water Sewer Expenses: 4930.00
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 40408111
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 3
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: Three Or More
  • Price Per Square Foot: 39.40

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Gated

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Combination
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 4944.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Electric Expense: 797.00
  • Gross Income: 2040.00
  • Gross Scheduled Income: 148680.00
  • Insurance Expense: 1288.00
  • Laundry Income: 2040.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 106641.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 10
  • Number Of Units Total: 10
  • Number With Disposal: 10
  • Number With Range: 10
  • Operating Expense: 42039.00
  • Rent Control: No
  • Total Actual Rent: 12390.00
  • Total Expenses: 42039.00

Tax Info

  • New Taxes Expense: 21000.00
  • Tax Block: B
  • Tax Census Tract: 750.02
  • Tax Lot: 14
  • Tax Tract Number: 568
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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 Prior Sale
01/14/2021 01/14/21 Sold $210,000 -90.2% $39 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
10/09/2020 10/09/20 For Sale $2,150,000 +19.4% $403 / Sq Ft
03/15/2017 03/15/17 Sold $1,800,000 -2.7% $338 / Sq Ft View Prior Sale
02/15/2017 02/15/17 Pending -- -- --
09/15/2016 09/15/16 For Sale $1,850,000 -- $347 / 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 $27,444 $2,273,106 $1,731,890 $541,216
2024 $27,444 $2,228,536 $1,697,932 $530,604
2023 $26,759 $2,184,840 $1,664,640 $520,200
2022 $26,468 $2,142,000 $1,632,000 $510,000
2021 $23,962 $1,929,963 $1,117,235 $812,728
2020 $24,000 $1,910,174 $1,105,779 $804,395
2019 $23,545 $1,872,720 $1,084,097 $788,623
2018 $22,665 $1,836,000 $1,062,840 $773,160
2017 $16,948 $1,305,600 $714,000 $591,600
2016 $16,622 $1,280,000 $700,000 $580,000
2015 $14,319 $1,074,029 $429,611 $644,418
2014 -- $1,052,991 $421,196 $631,795
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20213136

California Regional Multiple Listing Service (CRMLS)

APN: 404-081-11

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