NOT LISTED FOR SALE

777 N Adele St Orange, CA 92867

9 Beds
8 Baths
4,414 Sq Ft
8,712 Sq Ft Lot

Last Sold October 03, 2013

Last sale price $1,035,000 $234 Per Sq Ft

17 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Heating Available
  • Cooling Available
  • Landscaped

About This Home

As of October 2013

Pride 4 Units in Orange near Villa Park. Recently Painted with new windows and sliders throughout. Great Mix with upside Rent potential. Unit A has laundry hook up in garage. Separate Laundry room as well for the other 3 units. Two of the 2 bedroom units have an extra half bath as well. Great long term hold for owner/investor or as an investment.

Last Agent to Sell the Property

Patrick Schwier

Schwier Income Properties, Inc License #01072723 Listed on: 08/15/2013

Schwier Income Properties, Inc

Last Buyer's Agent

Patrick Schwier

Schwier Income Properties, Inc License #01072723 Listed on: 08/15/2013

Schwier Income Properties, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 8,712 Sq Ft Lot
  • No Common Walls
  • Brick Fence
  • Landscaped

Parking

  • 4 Car Garage
  • 2 Carport Spaces

Home Design

  • Tar and Gravel Roof
  • Clay Roof
  • Stucco

Interior Spaces

  • 4,414 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 23 / 5180
  • Assessor Parcel Number 38317413

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $400
  • Gardener Expense $840
  • Insurance Expense $2,500
  • Maintenance Expense $2,142
  • Trash Expense $880
  • Water Sewer Expense $2,200
  • New Taxes Expense $11,788
  • Gross Income $5,950
  • Net Operating Income $46,308

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • CapRate: 4.52
  • Inclusions: Washer and Dryer are leased in laundry room
  • Improvements Percent: 38.10
  • Property Attached: No
  • Water Sewer Expenses: 2200.00
  • Zoning: 2-4 Unit
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 38317413
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 234.48

Exterior Features

  • Fencing: Brick
  • Pool Private: No
  • Roof: Clay, Tar/Gravel
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 4.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Trash Expense: 880.00
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Land Value Percent: 61.90
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 1000
  • Average3 Bed Area: 1300
  • Electric Expense: 400.00
  • Gross Income: 5950.00
  • Gross Multiplier: 14.40
  • Gross Scheduled Income: 71400.00
  • Gross Spendable Income: 46308.00
  • Insurance Expense: 2500.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 8712.0000 Square Feet
  • Maintenance Expense: 2142.00
  • Maintenance Percent: 3.00
  • Net Operating Income: 46308.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Patio: 1
  • Number With Range: 4
  • Operating Expense: 22950.00
  • Operating Expense Percent: 32.00
  • Rent Control: No
  • Total Actual Rent: 5900.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 11788.00
  • Tax Block: 5180
  • Tax Lot: 23
  • Tax Year: 2012

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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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
10/03/2013 10/03/13 Sold $1,035,000 +1.0% $234 / Sq Ft
09/01/2013 09/01/13 Pending -- -- --
08/15/2013 08/15/13 For Sale $1,025,000 -- $232 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2013

    Patrick Schwier

    Schwier Income Properties, Inc

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13168910

California Regional Multiple Listing Service (CRMLS)

APN: 383-174-13

California Orange County Orange 92867

777 N Adele St, Orange, CA

Not Listed for Sale

MultiFamily

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