Seller's Agent in 2022
Tyler Leeson
Marcus & Millichap RE Invest
(949) 419-3200
5 in this area
156 Total Sales
607 E Walnut St Santa Ana, CA 92701
Pacific Park Neighborhood
1
Bed
1
Bath
3,704
Sq Ft
6,970
Sq Ft Lot
About This Home
As of March 2022607 East Walnut Street is a 7-unit multifamily investment property located in Santa Ana, CA. Built in 1962, the property consists exclusively of one-bedroom units and offers a spacious yard, security doors, and gated uncovered parking. 607 East Walnut Street has an excellent central Santa Ana location, situated less than 0.15 miles from Downtown Santa Ana and the bustling 4th Street Market. Additionally, the property is located within 1.50 miles of Santa Ana College, which has an annual enrollment of almost 28,000 students and employs over 3,600 staff members. Furthermore, 607 East Walnut is positioned 1.55 miles from the Interstate 5 and State Route 55 interchange, providing residents with easy access to employment hubs throughout Orange and Los Angeles Counties.
Last Agent to Sell the Property
Marcus & Millichap RE Invest License #01451551 Listed on: 10/07/2021
Property Details
Home Type
- Apartment
Year Built
- Built in 1962
Lot Details
- 6,970 Sq Ft Lot
- No Common Walls
- Level Lot
Interior Spaces
- 3,704 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Parking
- 9 Open Parking Spaces
- 9 Parking Spaces
Listing and Financial Details
- Legal Lot and Block 9 / A
- Tax Tract Number 312
- Assessor Parcel Number 39849513
- $1,704 per year additional tax assessments
Community Details
Overview
- 7 Units
Building Details
- 7 Leased Units
- Rent Control
- 7 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $3,265
- Fuel Expense $3,265
- Insurance Expense $1,965
- Maintenance Expense $3,500
- Other Expense $5,704
- Trash Expense $3,265
- Water Sewer Expense $3,265
- New Taxes Expense $18,080
- Operating Expense $42,307
- Gross Income $86,940
- Net Operating Income $42,133
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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 |
|---|---|---|---|---|
| 03/16/2022 03/16/22 | Sold | $1,575,000 | -1.6% | $425 / Sq Ft |
| 01/11/2022 01/11/22 | Pending | -- | -- | -- |
| 10/07/2021 10/07/21 | For Sale | $1,600,000 | -- | $432 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $20,100 | $1,671,402 | $1,485,691 | $185,711 |
| 2024 | $20,100 | $1,638,630 | $1,456,560 | $182,070 |
| 2023 | $19,600 | $1,606,500 | $1,428,000 | $178,500 |
| 2022 | $5,200 | $308,444 | $125,449 | $182,995 |
| 2021 | $5,095 | $302,397 | $122,990 | $179,407 |
| 2020 | $5,086 | $299,297 | $121,729 | $177,568 |
| 2019 | $5,014 | $293,429 | $119,342 | $174,087 |
| 2018 | $4,861 | $287,676 | $117,002 | $170,674 |
| 2017 | $4,813 | $282,036 | $114,708 | $167,328 |
| 2016 | $4,729 | $276,506 | $112,458 | $164,048 |
| 2015 | $4,664 | $272,353 | $110,769 | $161,584 |
| 2014 | $4,580 | $267,018 | $108,599 | $158,419 |
Source: Public Records
Agents Affiliated with this Home
-
Tyler Leeson
-
Prashant Sampat
Buyer's Agent in 2022
Prashant Sampat
Pacific Avenue Realty
(562) 841-0227
2 in this area
219 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21223165
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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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