NOT LISTED FOR SALE

790 N Kathleen Ln Orange, CA 92867

9 Beds
11 Baths
4,415 Sq Ft
8,516 Sq Ft

Last Sold December 02, 2022

Last sale price $1,725,000 $391 Per Sq Ft

15 Days on Market

Highlights

  • Granite Countertops
  • Balcony
  • 2 Attached Carport Spaces
  • Lawn
  • Fireplace
  • Central Heating and Cooling System

About This Home

As of December 2022

Fantastic Location; just one block to Villa Park in a residential neighborhood! This large, 4,415 Sq. Ft. fourplex consists of all Two and Three Bedroom Units. Each of the units benefits from a large yard, or oversized patio, with carports or garages. Within the last year, the property has been significantly upgraded to include a New Roof, Windows, Central AC, Paint & Electrical Upgrades. With 28%+/- upside in rent, and the potential for owner financing, this asset will not last.

Last Agent to Sell the Property

Pat Swanson

Pat Swanson License #01382974 Listed on: 09/29/2022

Last Buyer's Agent

Pat Swanson

Pat Swanson License #01382974 Listed on: 09/29/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 8,515 Sq Ft Lot
  • 1 Common Wall
  • Lawn

Parking

  • 4 Car Garage
  • 2 Attached Carport Spaces
  • Parking Available
  • Two Garage Doors
  • Assigned Parking

Home Design

  • Quadruplex

Interior Spaces

  • 4,415 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Granite Countertops

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 11 Bathrooms

Outdoor Features

  • Balcony
  • Fireplace in Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 7
  • Tax Tract Number 5180
  • Assessor Parcel Number 38317403
  • $993 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $4,956
  • Insurance Expense $2,208
  • Operating Expense $30,825
  • Gross Income $89,888
  • Net Operating Income $59,063

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

8,515 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 38317403
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Granite Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Fireplace Features: Patio
  • Levels: Two
  • Price Per Square Foot: 390.71

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Attached Carport, Garage, Garage - Two Door
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 8515.00
  • Lot Size Acres: 0.1955

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 1050 Square Feet
  • Average3 Bed Area: 1400 Square Feet
  • Fuel Expense: 4956.00
  • Gross Income: 89888.00
  • Gross Scheduled Income: 91740.00
  • Insurance Expense: 2208.00
  • Lot Size Area: 8515.0000 Square Feet
  • Net Operating Income: 59063.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 30825.00
  • Rent Control: No
  • Total Expenses: 30825.00

Tax Info

  • Tax Census Tract: 758.15
  • Tax Lot: 7
  • Tax Tract Number: 5180
  • TaxOtherAnnualAssessmentAmount: 993.00
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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
12/02/2022 12/02/22 Sold $1,725,000 +4.5% $391 / Sq Ft
09/29/2022 09/29/22 For Sale $1,650,000 -- $374 / 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 $19,679 $1,794,690 $1,569,638 $225,052
2024 $19,679 $1,759,500 $1,538,860 $220,640
2023 $19,244 $1,725,000 $1,508,686 $216,314
2022 $3,402 $226,815 $55,576 $171,239
2021 $3,320 $222,368 $54,486 $167,882
2020 $3,288 $220,088 $53,927 $166,161
2019 $3,257 $215,773 $52,870 $162,903
2018 $3,211 $211,543 $51,834 $159,709
2017 $3,101 $207,396 $50,818 $156,578
2016 $3,048 $203,330 $49,822 $153,508
2015 $3,002 $200,276 $49,073 $151,203
2014 $2,939 $196,353 $48,111 $148,242
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22212138

California Regional Multiple Listing Service (CRMLS)

APN: 383-174-03

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