NOT LISTED FOR SALE
2 Beds
1 Bath
6,995 Sq Ft
0.4 Acre Lot

Sale Details

Date Sold: February 3, 2026

Last sale price $2,800,000 $400 Per Sq Ft

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

  • 17,424 Sq Ft 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 in unit

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2025
Closed on
Nov 20, 2025
Sold by
Bought by
Seller's Agent
Pat Swanson
Pat Swanson
Buyer's Agent
Randall Mycorn
R L M Equities
List Price
$2,895,000
Sold Price
$2,800,000
Premium/Discount to List
-$95,000
-3.28%
Views
3

Purchase Details

Listed on
Mar 19, 2023
Closed on
Mar 17, 2023
Sold by
Bought by
Seller's Agent
Felipe Acuna
CENTURY 21 REALTY MASTERS
Buyer's Agent
Felipe Acuna
CENTURY 21 REALTY MASTERS
List Price
$2,199,000
Sold Price
$2,000,000
Premium/Discount to List
-$199,000
-9.05%
Views
111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.48%
Original Mortgage
$1,200,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2008
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,800,000 Commonwealth Land Title
$2,000,000 Wfg National Title
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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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