Seller's Agent in 2013
Mike Marcu
Mike Marcu, Broker
(562) 260-0940
18 Total Sales
617 E Walnut St Santa Ana, CA 92701
Pacific Park Neighborhood
3
Beds
3
Baths
3,260
Sq Ft
8,407
Sq Ft
About This Home
As of February 2013Offering it's tenants a quite and peaceful living environment the subject property consists of a two buildings on one parcel. The front building has two units and the rear building is comprised of 4 units. Each is individually metered for gas and electricity as well as having it's own water heater. Parking consists of two open spaces in the front and 4 open spaces in the rear of the property. With a Capitaization Rate just under 6.5% this investment offers an extremely attractive return.
Last Agent to Sell the Property
Mike Marcu, Broker License #00919594 Listed on: 02/01/2013
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 8,400
Parking
- 6 Parking Spaces
Home Design
- 3,260 Sq Ft Home
- Stucco
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Additional Features
- Leased Washer and Dryer
- 8,400 Sq Ft Lot
- No Heating
Listing and Financial Details
- Tax Lot 398
- Tax Tract Number 495
- Assessor Parcel Number 39849510
Community Details
Overview
- 2 Buildings
- 6 Units
Building Details
- 6 Leased Units
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $900
- Gardener Expense $1,200
- Insurance Expense $1,500
- Maintenance Expense $3,459
- Other Expense $3,176
- Trash Expense $1,250
- Water Sewer Expense $2,030
- New Taxes Expense $8,836
- Gross Income $5,610
- Net Operating Income $44,052
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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 |
|---|---|---|---|---|
| 02/22/2013 02/22/13 | Sold | $670,000 | -1.5% | $206 / Sq Ft |
| 02/01/2013 02/01/13 | Pending | -- | -- | -- |
| 12/06/2012 12/06/12 | For Sale | $680,000 | -- | $209 / 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 | $10,602 | $825,051 | $679,284 | $145,767 |
| 2024 | $10,602 | $808,874 | $665,965 | $142,909 |
| 2023 | $10,331 | $793,014 | $652,907 | $140,107 |
| 2022 | $10,207 | $777,465 | $640,105 | $137,360 |
| 2021 | $9,978 | $762,221 | $627,554 | $134,667 |
| 2020 | $9,987 | $754,406 | $621,119 | $133,287 |
| 2019 | $9,807 | $739,614 | $608,940 | $130,674 |
| 2018 | $9,454 | $725,112 | $597,000 | $128,112 |
| 2017 | $9,371 | $710,895 | $585,295 | $125,600 |
| 2016 | $9,192 | $696,956 | $573,818 | $123,138 |
| 2015 | $9,074 | $686,488 | $565,199 | $121,289 |
| 2014 | -- | $673,041 | $554,127 | $118,914 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Marcu
-
Spencer Hoo
Buyer's Agent in 2013
Spencer Hoo
Epique Inc
(714) 423-7563
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: S719830
APN: 398-495-10
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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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