NOT LISTED FOR SALE

807 N Adele St Orange, CA 92867

9 Beds
8 Baths
4,422 Sq Ft
8,712 Sq Ft Lot

Last Sold February 09, 2018

Last sale price $1,285,000 $291 Per Sq Ft

9 Days on Market

Highlights

  • Cooling Available
  • 2 Attached Carport Spaces
  • Wall Furnace
  • Laundry Room

About This Home

As of February 2018

Great Investment opportunity in a very strong rental market. This is one of two Four-Plex's located deep inside a great neighborhood near Villa Park, Schools and Freeways. Seller is also selling the model match Four-Plex next door at 827 N Adele which is facing 807 N Adele with shared driveway. This unit is available with or separately from 827 Adele. Opportunity to buy two Four-Plex's side by side. All units are clean and well maintained with a combination of long term and newer tenants all on month to month. The unit consists of unit A which is a 3 bedrooms and 2 1/2 bathrooms 1422 sqft with central A/C and a two car attached garage with its own full size washer dryer hook ups . This unit also features vaulted ceilings, fireplace and private enclosed patio. Unit B & C consist of two 2 bedrooms and 2 1/2 bathrooms 1040 sqft with private patios and a shared two car garage along with a carport. These units are Town House style with two master bedrooms upstairs. Unit D is a large 2 bedroom and 2 bathrooms 914 sqft with small patio and parking spaces. This unit is upstairs and one floor. Onsite Laundry Room. All units are on their own separate gas/electric meters. DO NOT DISTURB TENANTS!

Last Agent to Sell the Property

Ernie Gomez

Beach Cities Properties, Inc. License #01923751 Listed on: 10/19/2017

Last Buyer's Agent

Dale Cheema

Keller Williams Realty Irvine License #00893619

Keller Williams Realty Irvine

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 8,712 Sq Ft Lot
  • Two or More Common Walls
  • Sprinkler System
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • 2 Attached Carport Spaces
  • Parking Available

Home Design

  • Property Attached

Interior Spaces

  • 4,422 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling Available
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 19
  • Tax Tract Number 5180
  • Assessor Parcel Number 38317415

Community Details

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Insurance Expense $1,200
  • Water Sewer Expense $1,680
  • Operating Expense $3,600
  • Gross Income $6,750
  • Net Operating Income $77,400

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Canyon Hills (CYHL)
  • Water Sewer Expenses: 1680.00
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 38317415
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 290.59

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport, Attached Carport
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Sprinkler System
  • Lot Size Sq Ft: 8712.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 6750.00
  • Gross Scheduled Income: 81000.00
  • Insurance Expense: 1200.00
  • Laundry Income: 50.00
  • Net Operating Income: 77400.00
  • 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 Disposal: 4
  • Operating Expense: 3600.00
  • Rent Control: No
  • Total Expenses: 3600.00

Tax Info

  • Tax Census Tract: 758.15
  • Tax Lot: 19
  • Tax Tract Number: 5180

Range of Values:

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Value Increase
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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
02/09/2018 02/09/18 Sold $1,285,000 +4.9% $291 / Sq Ft
10/28/2017 10/28/17 Pending -- -- --
10/19/2017 10/19/17 For Sale $1,225,000 -- $277 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17240225

California Regional Multiple Listing Service (CRMLS)

APN: 383-174-15