NOT LISTED FOR SALE

721 Ridgeway Ln La Habra, CA 90631

5 Beds
3 Baths
4,434 Sq Ft
8,000 Sq Ft Lot

Last Sold July 12, 2013

Last sale price $1,590,000 $359 Per Sq Ft

4 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Wood Siding
  • Rancho-Starbuck Intermediate School Rated 9+

About This Home

As of July 2013

721 is a 6 unit building.one 2 bed 1.5 bath at 1200,Two additional 2 bed 1 bath at 1090,three 1 bed at 875.mo total $6005 ,$72060 annual.
731 Ridgeway is also a 6 unit with four one bed one two with 1.5 baths and a 2bed1 bath.It has laundry income of @2oo per month.it is also available at $795,000.Buy one or both..Pls do not disturb tenants.Straight sale -subject to inspection.Note that accurate expenses are not available at this moment therefore anything listed herein as an expense and any vacancy ,income figures lot sizes herein are not accurate at all.Shortly they will be gather from the seller and be available for buyers review.

Last Agent to Sell the Property

Kevin Campion

Campion, Kevin License #00411631 Listed on: 05/17/2013

Last Buyer's Agent

Kevin Campion

Campion, Kevin License #00411631 Listed on: 05/17/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 8,000 Sq Ft Lot
  • Lot Dimensions are 107x 150
  • No Common Walls
  • Chain Link Fence

Home Design

  • Contemporary Architecture
  • Cosmetic Repairs Needed
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,434 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 8 Parking Spaces
  • 8 Carport Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • Rain Gutters
  • Overhead Utilities

Listing and Financial Details

  • Legal Lot and Block 013 / 1000
  • Tax Tract Number 3747
  • Assessor Parcel Number 01804113

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $600
  • Gardener Expense $600
  • Insurance Expense $3,500
  • Maintenance Expense $3,000
  • Pest Control $400
  • Supplies Expense $200
  • Trash Expense $2,000
  • Water Sewer Expense $2,000
  • New Taxes Expense $9,000
  • Gross Income $6,005
  • Net Operating Income $43,236

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 5.50
  • Inclusions: washer and dryer,stove owned by owner
  • Improvements Percent: 30.00
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s)
  • Supplies Expense: 200.00
  • View: No
  • Water Sewer Expenses: 2000.00
  • Architectural Style: Contemporary
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 01804113
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 358.59
  • Window Features: Blinds

Exterior Features

  • Foundation: Concrete Perimeter
  • Exterior Features: Rain Gutters
  • Fencing: Chain Link
  • Builder Name: cc
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Carport Spaces: 8.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Pest Control Expense: 400.00
  • Trash Expense: 2000.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Lot Features: Utilities - Overhead
  • Lot Size: 107x 150
  • Lot Size Sq Ft: 8000.00
  • Lot Size Acres: 0.1840

Multi Family

  • Average1 Bed Area: 650
  • Average2 Bed Area: 850
  • Electric Expense: 600.00
  • Gross Income: 6005.00
  • Gross Multiplier: 11.00
  • Gross Scheduled Income: 72060.00
  • Gross Spendable Income: 43236.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 8000.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Maintenance Percent: 5.00
  • Net Operating Income: 43236.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number With Range: 6
  • Operating Expense: 25221.00
  • Operating Expense Percent: 35.00
  • Rent Control: No
  • Total Actual Rent: 6005.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 9000.00
  • Tax Block: 1000
  • Taxes Percent: 12.00
  • Tax Lot: 013
  • Tax Tract Number: 3747

Range of Values:

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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
07/12/2013 07/12/13 Sold $1,590,000 +100.0% $359 / Sq Ft
05/21/2013 05/21/13 Pending -- -- --
05/17/2013 05/17/13 For Sale $795,000 -- $179 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    Kevin Campion

    Campion, Kevin

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13092515

California Regional Multiple Listing Service (CRMLS)
California Orange County La Habra 90631

721 Ridgeway Ln, La Habra, CA

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California Regional Multiple Listing Service (CRMLS) 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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