NOT LISTED FOR SALE
5 Beds
4 Baths
1,971 Sq Ft
7,000 Sq Ft Lot

Sale Details

Date Sold: July 7, 2017

Last sale price $699,900 $355 Per Sq Ft

8 Days on Market

Highlights

  • No HOA
  • Wood Fence
  • Wall Furnace
  • Double Pane Windows

About This Home

As of July 2017

Centrally Located Tri-Plex close to the downtown with access to the 5 Freeway. Built in 1922 and remodeled. All the 3 units are on individual electric and gas meters and feature parking on site. Each unit has washer/dryer hook ups and has additional storage space available in the basement. All the units are currently rented out to long term, good standing tenants that would like to continue to live in their respective apartments.

Last Agent to Sell the Property

Ezra Silva

Real Broker License #01336870 Listed on: 06/09/2017

Real Broker

Last Buyer's Agent

Celeste Barnes

Barnes Realty Group License #01417473

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 7,000 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence

Home Design

  • Triplex
  • Flat Roof Shape
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,971 Sq Ft Home
  • Double Pane Windows
  • Carbon Monoxide Detectors
  • Laundry in unit
  • Basement

Kitchen

  • Gas Oven
  • Gas Cooktop

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Driveway
  • Paved Parking

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 4
  • Tax Tract Number 124
  • Assessor Parcel Number 40407204

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Maintenance Expense $1,800
  • Other Expense $1,458
  • Trash Expense $1,056
  • Water Sewer Expense $3,156
  • New Taxes Expense $8,749
  • Operating Expense $17,219
  • Gross Income $48,600
  • Net Operating Income $31,381

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

7,000 Sq Ft Lot

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s)
  • Water Sewer Expenses: 3156.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 40407204
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 355.10
  • Room Type: Basement
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition, Flat
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Uncovered, Driveway, Concrete, On Site
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1056.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7000.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 48600.00
  • Gross Scheduled Income: 48600.00
  • Insurance Expense: 1000.00
  • Maintenance Expense: 1800.00
  • Net Operating Income: 31381.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 17219.00
  • Other Expense: 1458.00
  • Other Expense Description: Vac. Fac
  • Rent Control: No
  • Total Actual Rent: 4050.00
  • Total Expenses: 17219.00

Tax Info

  • New Taxes Expense: 8749.00
  • Tax Lot: 4
  • Tax Tract Number: 124

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2017
Closed on
Jun 28, 2017
Sold by
Bought by
Seller's Agent
Ezra Silva
Real Broker
Buyer's Agent
Celeste Barnes
Barnes Realty Group
List Price
$699,900
Sold Price
$699,900

Purchase Details

Listed on
Jun 9, 2017
Closed on
May 19, 2017
Sold by
Bought by
Seller's Agent
Ezra Silva
Real Broker
Buyer's Agent
Celeste Barnes
Barnes Realty Group
List Price
$699,900
Sold Price
$699,900

Purchase Details

Closed on
May 7, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,565
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 2009
Sold by
Bought by

Purchase Details

Closed on
Apr 18, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
7.62%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 29, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,223
Interest Rate
6.51%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 2001
Sold by
Bought by

Purchase Details

Closed on
Oct 12, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,523
Interest Rate
7.12%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 1999
Sold by
Bought by

Purchase Details

Closed on
Jun 7, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.05%
Mortgage Type
Seller Take Back
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$700,000 Ticor Title Orange County Br
-- Ticor Title Orange County Br
$409,000 First American Title Company
-- None Available
$710,000 New Century Title Co
-- --
-- Fidelity National Title Ins
-- Fidelity National Title Ins
-- Fidelity National Title Ins
$225,000 Fidelity National Title Ins
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $398,139
Previous Owner $400,525
Previous Owner $403,565
Previous Owner $568,000
Previous Owner $456,000
Previous Owner $158,000
Previous Owner $226,300
Previous Owner $221,223
Previous Owner $221,523
Previous Owner $30,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/07/2017 07/07/17 Sold $699,900 0.0% $355 / Sq Ft
06/17/2017 06/17/17 Pending -- -- --
06/09/2017 06/09/17 For Sale $699,900 -- $355 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,755 $812,289 $750,933 $61,356
2025 $9,501 $796,362 $736,209 $60,153
2024 $9,501 $780,748 $721,774 $58,974
2023 $9,265 $765,440 $707,622 $57,818
2022 $9,167 $750,432 $693,747 $56,685
2021 $8,954 $735,718 $680,144 $55,574
2020 $8,971 $728,175 $673,170 $55,005
2019 $8,797 $713,898 $659,971 $53,927
2018 $8,464 $699,900 $647,030 $52,870
2017 $5,808 $454,893 $394,356 $60,537
2016 $5,696 $445,974 $386,624 $59,350
2015 $5,623 $439,276 $380,817 $58,459
2014 -- $430,672 $373,358 $57,314
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17130046

California Regional Multiple Listing Service (CRMLS)
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