NOT LISTED FOR SALE

756 N Shattuck Place Orange, CA 92867

8 Beds
4 Baths
3,360 Sq Ft
8,134 Sq Ft Lot

Last Sold November 04, 2024

Last sale price $1,425,000 $424 Per Sq Ft

61 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Laundry Room
  • 1-Story Property
  • No HOA
  • Wall Furnace

About This Home

As of November 2024

A value-add investment opportunity
located in the City of Orange. Each of the four units features 2
bedrooms and 1 baths, totaling 3,360 square feet." Property Overview: Given the property's location in the City of Orange, surrounded by multi-unit
properties, residential homes, and retail stores, it seems well-positioned for rental income and property appreciation. Here are some factors to consider:
Rental Income Potential High Demand for Rentals: Proximity to retail stores and residential areas often
indicates a higher demand for rental properties. Tenants often prefer locations
with easy access to shopping, dining, and other amenities. Rental Rates: Research the current rental rates in the area for similar properties.
This will give you a good idea of the potential income you can generate. Occupancy Rates: Check the occupancy rates of similar properties in the vicinity.
High occupancy rates are a positive indicator of strong rental demand.
Property Appreciation Potential Location: The City of Orange is known for its charming neighborhoods and historic
districts, which can contribute to property value appreciation over time.

Last Agent to Sell the Property

Tom Gonzalez

Keller Williams Realty Brokerage Phone: 714-726-3007 License #01487226 Listed on: 08/09/2024

Keller Williams Realty

Last Buyer's Agent

Ali Jahanshahi

Keller Williams Realty N. Tustin License #01712904

Keller Williams Realty N. Tustin

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 8,134 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 3,360 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Fireplace in Primary Bedroom
  • 4 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas, management
  • Tax Lot 14
  • Tax Tract Number 2345
  • Assessor Parcel Number 38630207
  • $1,037 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,440
  • Insurance Expense $3,000
  • Other Expense $2,134
  • Professional Management Expense $8,040
  • Trash Expense $2,160
  • Water Sewer Expense $3,480
  • Operating Expense $20,254
  • Gross Income $80,580
  • Net Operating Income $60,326

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Professional Management Expense: 8040.00
  • Property Attached: Yes
  • Water Sewer Expenses: 3480.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 38630207
  • Year Built: 1959
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Fireplace Features: Bath, Family Room, Kitchen, Primary Bedroom, Gas
  • Levels: One
  • Price Per Square Foot: 424.11
  • Room Type: All Bedrooms Down, Kitchen, Laundry

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside, Washer Hookup
  • Sewer: Sewer Paid
  • Trash Expense: 2160.00

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8134.00
  • Lot Size Acres: 0.1867

Rental Info

  • Tenant Pays: Electricity, Gas, Management

Multi Family

  • Gross Income: 80580.00
  • Gross Scheduled Income: 80580.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 8134.0000 Square Feet
  • Net Operating Income: 60326.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 20254.00
  • Other Expense: 2134.00
  • Other Expense Description: RE Taxes
  • Rent Control: No
  • Total Actual Rent: 6715.00
  • Total Expenses: 20254.00

Tax Info

  • Tax Census Tract: 762.06
  • Tax Lot: 14
  • Tax Tract Number: 2345
  • TaxOtherAnnualAssessmentAmount: 1037.00

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
11/04/2024 11/04/24 Sold $1,425,000 -15.6% $424 / Sq Ft
10/09/2024 10/09/24 Pending -- -- --
08/17/2024 08/17/24 For Sale $1,688,000 +18.5% $502 / Sq Ft
08/12/2024 08/12/24 Off Market $1,425,000 -- --
08/09/2024 08/09/24 For Sale $1,688,000 -- $502 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tom Gonzalez

    Seller's Agent in 2024

    Tom Gonzalez

    Keller Williams Realty

    (714) 726-3007

    1 in this area

    2 Total Sales

    Tom Gonzalez
    Section Image
  • Ali Jahanshahi

    Buyer's Agent in 2024

    Ali Jahanshahi

    Keller Williams Realty N. Tustin

    (949) 677-9631

    3 in this area

    57 Total Sales

    Ali Jahanshahi
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24163383

California Regional Multiple Listing Service (CRMLS)

APN: 386-302-07

California Orange County Orange 92867

756 N Shattuck Place, Orange, 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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