NOT LISTED FOR SALE
5 Beds
3 Baths
1,920 Sq Ft
6,970 Sq Ft Lot

Last Sold December 08, 2016

Last sale price $757,000 $394 Per Sq Ft

116 Days on Market

Highlights

  • No Units Above
  • Private Yard
  • Energy-Efficient Windows
  • Ocean View High Rated A-
  • Cul-De-Sac

About This Home

As of December 2016

Seller has spent thousands of $'s in all the right places Newer roof, windows, fences, garage doors, paint in and out, landscaping, kitchen cabinets, granite counters, tile floors, carpet, smooth textured ceilings, ceiling fans, raised panel doors remodeled bathrooms and list goes on. Each unit has a large private yard, garage parking plus carport ! Seller has three contiguous duplexes on a cul-de-sac with matching paint and fencing. Each are priced at $819,000 and are being sold separately or two or three. Purchasing all three will enable investor to obtain more attractive financing by avoiding a commercial loan. Owner occupied FHA financing is also available. Units have large upside potential.

Last Agent to Sell the Property

Larry Petersen

Seven Gables Real Estate License #00956471 Listed on: 04/09/2016

Seven Gables Real Estate

Last Buyer's Agent

Kin-Chih Wang

Al Mar Company License #00841439

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,970 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Cul-De-Sac
  • Private Yard
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • 1,920 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Energy-Efficient Windows
  • Exterior Lighting
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 5
  • Tax Tract Number 4328
  • Assessor Parcel Number 16748305

Community Details

Overview

  • 12 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $800
  • Trash Expense $800
  • Water Sewer Expense $800
  • New Taxes Expense $9,339
  • Gross Income $700
  • Net Operating Income $8,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 714-801-5000
  • Other Phone Number: 714-801-5000
  • Property Attached: Yes
  • Subdivision Name Other: Saddleback (SADL)
  • Water Sewer Expenses: 800.00
  • Property Type: Residential Income
  • Parcel Number: 16748305
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Levels: One
  • Price Per Square Foot: 394.27

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sewer: Sewer Paid
  • Trash Expense: 800.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Storm Drains

Green Features

  • Efficiency: Windows

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Front Yard, Yard
  • Lot Size Sq Ft: 6970.00
  • Price Per Lot Square Foot: 117.50

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 700.00
  • Gross Scheduled Income: 34800.00
  • Insurance Expense: 800.00
  • Net Operating Income: 8400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 26400.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 9339.00
  • Tax Lot: 5
  • Tax Tract Number: 4328

Range of Values:

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List Price
Sold Price
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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 Change Sq Ft Price
12/08/2016 12/08/16 Sold $757,000 -10.8% $394 / Sq Ft
08/03/2016 08/03/16 Pending -- -- --
04/09/2016 04/09/16 For Sale $849,000 -- $442 / 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: OC16074129

California Regional Multiple Listing Service (CRMLS)

APN: 167-483-05