$2,800,000
SOLD FEB 3, 2026
2 Beds
1 Bath
6,995 Sq Ft
17,424 Sq Ft

Recently Sold

$400 Per Sq Ft

8% Below List Price

140 Days on Market

About This Home

As of February 2026

Exceptional investment opportunity in the heart of Central Orange County! This well-maintained 8-unit property features all 2-bedroom, 1-bath units, with 7 of the 8 units fully remodeled to include modern kitchens, upgraded bathrooms, new windows, and air conditioning. The oversized parking lot offers abundant on-site parking and excellent potential for several ADUs, providing added value and income possibilities. Situated on a nice residential street, this property combines strong curb appeal with a desirable location close to major freeways, shopping, and dining.

Last Agent to Sell the Property

Pat Swanson

Pat Swanson Brokerage Phone: 213-864-2862 License #01382974 Listed on: 08/14/2025

Last Buyer's Agent

Randall Mycorn

R L M Equities License #02078223

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

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

Home Design

  • Apartment

Interior Spaces

  • 6,995 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 18 Open Parking Spaces
  • 18 Parking Spaces

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 42
  • Tax Tract Number 868
  • Assessor Parcel Number 07923223
  • $2,825 per year additional tax assessments

Community Details

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $830
  • Fuel Expense $2,354
  • Insurance Expense $6,995
  • Trash Expense $4,239
  • Water Sewer Expense $7,130
  • Operating Expense $65,483
  • Gross Income $236,040
  • Net Operating Income $163,476

Additional Features

  • 8 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0.4 Acres

Listing Details

  • CapRate: 5.46
  • Property Attached: Yes
  • Water Sewer Expenses: 7130.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 07923223
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 400.29

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 18.00
  • Uncovered Spaces: 18.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 4239.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 17424.00
  • Lot Size Acres: 0.4000

Multi Family

  • Electric Expense: 830.00
  • Fuel Expense: 2354.00
  • Gross Income: 236040.00
  • Gross Multiplier: 12.69
  • Gross Scheduled Income: 236040.00
  • Insurance Expense: 6995.00
  • Laundry Income: 2400.00
  • Lot Size Area: 17424.0000 Square Feet
  • Net Operating Income: 163476.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 65483.00
  • Other Income1: 600.00
  • Rent Control: No
  • Total Expenses: 65483.00

Tax Info

  • Tax Census Tract: 878.02
  • Tax Lot: 42
  • Tax Tract Number: 868
  • TaxOtherAnnualAssessmentAmount: 2825.00
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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 Prior Sale
02/03/2026 02/03/26 Sold $2,800,000 0.0% $400 / Sq Ft
12/31/2025 12/31/25 Sold $2,800,000 -3.3% $400 / Sq Ft View Prior Sale
10/30/2025 10/30/25 For Sale $2,895,000 +3.4% $414 / Sq Ft
10/27/2025 10/27/25 Off Market $2,800,000 -- --
08/29/2025 08/29/25 Price Changed $2,995,000 -1.3% $428 / Sq Ft
08/14/2025 08/14/25 For Sale $3,035,000 +51.8% $434 / Sq Ft
05/04/2023 05/04/23 Sold $2,000,000 -9.0% $286 / Sq Ft View Prior Sale
03/19/2023 03/19/23 Pending -- -- --
03/19/2023 03/19/23 For Sale $2,199,000 -- $314 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

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
2025 $25,552 $2,147,058 $1,804,661 $342,397
2024 $25,552 $2,040,000 $1,769,275 $270,725
2023 $7,357 $415,664 $150,247 $265,417
2022 $7,207 $407,514 $147,301 $260,213
2021 $7,234 $399,524 $144,413 $255,111
2020 $7,132 $395,428 $142,932 $252,496
2019 $6,985 $387,675 $140,129 $247,546
2018 $6,886 $380,074 $137,381 $242,693
2017 $6,690 $372,622 $134,687 $237,935
2016 $6,653 $365,316 $132,046 $233,270
2015 $6,575 $359,829 $130,062 $229,767
2014 $6,326 $352,781 $127,514 $225,267
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25180626

California Regional Multiple Listing Service (CRMLS)
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