NOT LISTED FOR SALE

738 W La Jolla St Placentia, CA 92870

North Anaheim Neighborhood
40 Beds
22 Baths
13,758 Sq Ft
0.43 Acres

Last Sold March 16, 2022

Last sale price $6,200,000 $451 Per Sq Ft

57 Days on Market

Highlights

  • 0.43 Acre Lot
  • Laundry Room
  • Central Air
  • Valencia High School Rated A+

About This Home

As of March 2022

*Highly Honored to Present Rarely Found Newly Built in 2018 * Big Potential - Possibility to convert from 10 Units to 10 Condominiums - Buyers verify with City! * Right now the Cap rate is around 4.4. Current market rent is much higher, after increasing, the Cap Rate might be around 5.3 * Tri- Level Townhouse Style 10 Unit New multifamily, All 10 Units Separately Metered for Gas, Electric, and Water! * CLASS A BUILDING! * Location, Location, Location! * Very Easy to Rent Out Due to Location * Located Near the Border of Anaheim, Yorba Linda, Fullerton, near CSU Fullerton, Schools, Transportation, and the 91 and 57 Freeways! * Great Tenants with Great Rent, & still has Much More Potential! * Situated on Almost Half an Acre Lot * The Property Consists of 2 Owner Style Units of 4 Bed/ 2.5 Bath with 3 Car Garage each Unit, and 8 Units of 4 Bed / 2 Bath each, the pics showing newly remodeled is for one unit * The 10 Townhome Units Offer Ample Storage, New Appliances, Central A/C and Heat, and Modern Kitchen and Bathrooms * The units are Equipped with Newer Interior Finishes which Include Granite Counter Tops, Wooden Cabinets, and Beautiful Flooring Throughout * Each unit has Their Own Private Garage, Balcony * All units are Multi-Level * * Pics were taken in 2018 / 2019 year * BOTH SELLERS AND LISTING AGENT ARE NOT AWARE WHETHER IT'S UNDER RENT CONTROL OR NOT, BUYERS TO VERIFY WITH CITY TO SATISFY! * Don't miss this great investment opportunity!

Last Agent to Sell the Property

Gina Ma

IRN Realty License #01426061 Listed on: 12/14/2021

IRN Realty

Last Buyer's Agent

John Tu

AmeriPac Financial Svcs, Inc License #01918825

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2018

Lot Details

  • 0.43 Acre Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 4 Open Parking Spaces
  • 12 Car Garage

Home Design

  • 13,758 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 40 Bedrooms
  • 22 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 17240
  • Assessor Parcel Number 34401112
  • $727 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 10 Units

Building Details

  • 9 Leased Units
  • 11 Separate Electric Meters
  • 11 Separate Gas Meters
  • 10 Separate Water Meters
  • Electric Expense $1,600
  • Gardener Expense $2,400
  • Insurance Expense $3,365
  • Maintenance Expense $500
  • Other Expense $2,400
  • Trash Expense $5,500
  • Water Sewer Expense $2,100
  • New Taxes Expense $45,559
  • Operating Expense $63,424
  • Gross Income $352,800
  • Net Operating Income $289,376

Property Details

Home Type

Multi-Family

Year Built

Built in 2018

Lot Details

0

Parking

12

Listing Details

  • Price Per Unit: 638000
  • Property Attached: Yes
  • Water Sewer Expenses: 2100.00
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 34401112
  • Year Built: 2018
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 450.65

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 12.00
  • Total Parking Spaces: 16.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Unknown
  • Trash Expense: 5500.00
  • Water Source: Other
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 18731.00
  • Lot Size Acres: 0.4300

Multi Family

  • Electric Expense: 1600.00
  • Gross Income: 352800.00
  • Gross Scheduled Income: 352800.00
  • Insurance Expense: 3365.00
  • Lot Size Area: 18731.0000 Square Feet
  • Maintenance Expense: 500.00
  • Net Operating Income: 289376.00
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 10
  • Number Of Units Leased: 9
  • Number Of Units Total: 10
  • Number With Dishwasher: 10
  • Number With Disposal: 10
  • Number With Patio: 10
  • Number With Range: 10
  • Operating Expense: 63424.00
  • Other Expense: 2400.00
  • Rent Control: No
  • Total Actual Rent: 25500.00
  • Total Expenses: 63424.00

Tax Info

  • New Taxes Expense: 45559.00
  • Tax Census Tract: 117.20
  • Tax Lot: 1
  • Tax Tract Number: 17240
  • TaxOtherAnnualAssessmentAmount: 727.00

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Prior Sale
03/16/2022 03/16/22 Sold $6,200,000 -2.8% $451 / Sq Ft
12/14/2021 12/14/21 For Sale $6,380,000 +27.5% $464 / Sq Ft
02/14/2019 02/14/19 Sold $5,005,000 -4.7% $364 / Sq Ft View Prior Sale
01/16/2019 01/16/19 Pending -- -- --
12/14/2018 12/14/18 Price Changed $5,250,000 0.0% $382 / Sq Ft
12/14/2018 12/14/18 For Sale $5,250,000 -4.5% $382 / Sq Ft
05/21/2018 05/21/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $5,500,000 -- $400 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Gina Ma

    IRN Realty

    (626) 215-5788

    1 in this area

    20 Total Sales

    Gina Ma
    Section Image

  • J

    Buyer's Agent in 2022

    John Tu

    AmeriPac Financial Svcs, Inc

    (714) 991-1688

    1 in this area

    2 Total Sales

    John Tu
    Section Image
  • Mark Bridge

    Seller's Agent in 2019

    Mark Bridge

    Mark Bridge, Broker

    (949) 419-3200

    3 in this area

    51 Total Sales

    Mark Bridge
    Section Image

  • N

    Buyer's Agent in 2019

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    5 in this area

    5,946 Total Sales

    NoEmail NoEmail
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR21264144

California Regional Multiple Listing Service (CRMLS)
California Orange County Placentia 92870 North Anaheim

738 W La Jolla St, Placentia, CA

This home is located at 738 W La Jolla St, Placentia, CA 92870 since 14 December 2021. This property was built in 2018. 738 W La Jolla St is a home located in Orange County with nearby schools including Melrose Elementary School, Valadez Middle School Academy, and Valencia High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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

Nearby Homes