NOT LISTED FOR SALE

790 N Kraemer Blvd Placentia, CA 92870

2 Beds
1 Bath
8,383 Sq Ft
1.25 Acres Lot

Sale Details

Date Sold: March 18, 2016

Last sale price $2,900,000 $346 Per Sq Ft

48 Days on Market

About This Home

As of March 2016

790 North Kraemer Boulevard is a 10-unit single-story multifamily investment property in the city of Placentia, California. The property consists of three residential buildings on 1.25 acres of land. Built in 1965, the property possesses ten, two-bedroom/one-bath units all with large backyards. The property provides a laundry facility with additional laundry hookups, gated entry. The property also provides ample parking at just over a three spaces per unit parking ratio including 16 garage spaces and 19 open spaces.

Last Agent to Sell the Property

Tyler Leeson

Marcus & Millichap RE Invest License #01451551 Listed on: 12/10/2015

Last Buyer's Agent

Robert Hwang

Robert Hwang, Broker License #01700119

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 1.25 Acre Lot
  • No Common Walls

Parking

  • 16 Car Garage

Home Design

  • 8,383 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 400
  • Assessor Parcel Number 34023118

Community Details

Overview

  • 3 Buildings
  • 10 Units

Building Details

  • 10 Leased Units
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 10 Separate Water Meters
  • Electric Expense $4,062
  • Gardener Expense $2,400
  • Insurance Expense $2,500
  • Maintenance Expense $5,000
  • Other Expense $1,500
  • Professional Management Expense $3,600
  • Trash Expense $4,062
  • Water Sewer Expense $4,062
  • New Taxes Expense $34,967
  • Gross Income $16,165
  • Net Operating Income $125,543

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

1.25 Acres

Parking

16

Listing Details

  • Professional Management Expense: 3600.00
  • Property Attached: No
  • Water Sewer Expenses: 4062.00
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 34023118
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 345.94

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 16.00
  • Total Parking Spaces: 51.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 4062.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Street Lights

Lot Info

  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 54450.00
  • Price Per Lot Square Foot: 53.26
  • Lot Size Acres: 1.2500

Multi Family

  • Electric Expense: 4062.00
  • Gross Income: 16165.00
  • Gross Scheduled Income: 197580.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 54450.0000 Square Feet
  • Maintenance Expense: 5000.00
  • Net Operating Income: 125543.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 10
  • Number Of Units Leased: 10
  • Number Of Units Total: 10
  • Operating Expense: 66217.00
  • Other Expense: 1500.00
  • Other Expense Description: MISC
  • Rent Control: No
  • Total Actual Rent: 16165.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 34967.00
  • Tax Lot: 18
  • Tax Tract Number: 400
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
03/18/2016 03/18/16 Sold $2,900,000 -3.2% $346 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
12/10/2015 12/10/15 For Sale $2,995,000 -- $357 / 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 $38,286 $3,433,011 $2,900,306 $532,705
2024 $38,286 $3,365,698 $2,843,438 $522,260
2023 $37,646 $3,299,704 $2,787,684 $512,020
2022 $37,354 $3,235,004 $2,733,023 $501,981
2021 $36,737 $3,171,573 $2,679,434 $492,139
2020 $36,830 $3,139,053 $2,651,960 $487,093
2019 $35,548 $3,077,503 $2,599,960 $477,543
2018 $35,121 $3,017,160 $2,548,980 $468,180
2017 $34,556 $2,958,000 $2,499,000 $459,000
2016 $25,983 $2,174,622 $1,656,855 $517,767
2015 $25,664 $2,141,958 $1,631,968 $509,990
2014 $9,613 $681,893 $338,905 $342,988
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15260546

California Regional Multiple Listing Service (CRMLS)
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