NOT LISTED FOR SALE
1 Bed
1 Bath
1,296 Sq Ft
4,356 Sq Ft Lot

Last Sold December 20, 2022

Last sale price $525,000 $405 Per Sq Ft

104 Days on Market

About This Home

As of December 2022

604 S. Van Ness Avenue, is a duplex in Santa Ana’s historic Heninger Park neighborhood. The property features two single-story 1-bedroom apartments, and is located on a corner lot within walking distance of restaurants, retail, and schools. The property has been family owned for 20+ years. It is currently occupied by long-term tenants, and rents are well below market. Seller may be willing to carry the financing; please contact listing agent to discuss.

Last Agent to Sell the Property

Damien Breaux

Morgan Skenderian License #01460301 Listed on: 07/20/2022

Last Buyer's Agent

Daniel Poon

eXp Realty of California Inc License #01897213

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,634

Year Built

  • Built in 1922

Lot Details

  • 4,356 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • Property Attached

Interior Spaces

  • 1,296 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Legal Lot and Block 12 / 9
  • Tax Tract Number 567
  • Assessor Parcel Number 01016308
  • $503 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $510
  • Fuel Expense $510
  • Insurance Expense $750
  • Trash Expense $510
  • Water Sewer Expense $510
  • Operating Expense $12,049
  • Gross Income $23,400
  • Net Operating Income $10,649

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,634

Year Built

Built in 1922

Lot Details

0

Listing Details

  • CapRate: 1.90
  • Price Per Unit: 280000
  • Property Attached: Yes
  • Water Sewer Expenses: 510.00
  • Zoning: SD40
  • Property Type: Residential Income
  • Parcel Number: 01016308
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 405.09

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Sewer: Public Sewer
  • Trash Expense: 510.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4356.00
  • Lot Size Acres: 0.1000

Multi Family

  • Electric Expense: 510.00
  • Fuel Expense: 510.00
  • Gross Income: 23400.00
  • Gross Multiplier: 23.93
  • Gross Operating Income: 22698.00
  • Gross Scheduled Income: 23400.00
  • Insurance Expense: 750.00
  • Lot Size Area: 4356.0000 Square Feet
  • Net Operating Income: 10649.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 12049.00
  • Operating Expense Percent: 51.50
  • Rent Control: Yes
  • Total Expenses: 12049.00
  • Vacancy Allowance: 702
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Block: 9
  • Tax Census Tract: 746.01
  • Taxes Percent: 1.11
  • Tax Lot: 12
  • Tax Tract Number: 567
  • Tax Annual Amount: 6634.00
  • TaxOtherAnnualAssessmentAmount: 503.00

Range of Values:

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Average Value
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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 Change Sq Ft Price
12/20/2022 12/20/22 Sold $525,000 -6.3% $405 / Sq Ft
09/13/2022 09/13/22 Price Changed $560,000 -5.9% $432 / Sq Ft
07/20/2022 07/20/22 For Sale $595,000 -- $459 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22159774

California Regional Multiple Listing Service (CRMLS)

APN: 010-163-08