NOT LISTED FOR SALE

8182 Orangewood Ave Stanton, CA 90680

16 Beds
12 Baths
8,812 Sq Ft
0.4 Acres

Last Sold January 06, 2015

Last sale price $2,125,000 $241 Per Sq Ft

77 Days on Market

About This Home

As of January 2015

Rare opportunity to own a carefully maintained and updated 12-unit mutifamily property in a predominantly residential area of Orange County. Consisting of (8) one bedroom/one bath and (4) two bedroom/one bath units in two buildings. The property features a courtyard, laundry facility and 12 parking spaces. Eight units have been extensively remodeled with complete new bathrooms and new granite countertop kitchens, two units have new bathrooms. Recent exterior upgrades include a new roof in 2010, exterior paint in 2012 and landscaping in 2014. Units are individually metered for gas and electric. Owner pays for hot water. The property has easy access to the 22, 405, 91 and 5 freeways. It is walking distance to public transportation and convenient to shopping, dining and employment throughout Orange County. It is two miles from the Cypress Corporate Center and five miles from the Disneyland Resort. The asset is 100% occupied. Below market rents offer significant upside potential.

Last Agent to Sell the Property

Robert Daly

Californian Estates License #01910855 Listed on: 09/05/2014

Last Buyer's Agent

Alexsia Esquivel

License #01707417

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.4

Home Design

  • Flat Roof Shape

Interior Spaces

  • 8,812 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 12 Bathrooms

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces

Additional Features

  • 0.4 Acre Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 131-211-30

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 8812
  • Lot Acreage: 0.4000
  • Manager Expense: 6000.00
  • Stories: 2
  • Year Built: 1960
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 16
  • Total Bathrooms: 12.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 261.01

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Flat
  • View: No

Garage/Parking

  • Other Spaces: 12
  • Parking Garage: Parking Space
  • Total Parking: 12

Utilities

  • Electric Expense: 749.00
  • Heating: Wall Gas
  • Water Expense: 2880.00

Fee Information

  • Gas Expense: 1898.00
  • Insurance Expense: 3585.00
  • Maintenance Expense: 1259.00
  • Trash Expense: 2071.00

Lot Info

  • Assessor Parcel Number: 131-211-30
  • Geocode Override: No
  • Lot Size Area: 17424

Rental Info

  • Monthly Gross Income: 12290.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116, 2117
  • Gross Rent Multiplier: 15.60
  • Gross Scheduled Income: 147480.00
  • Number Of Units: 12
  • Type Of Units: Income

Tax Info

  • Tax Expense: 22730.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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 List to Sale Price per Sq Ft
01/06/2015 01/06/15 Sold $2,125,000 -7.6% $241 / Sq Ft
11/21/2014 11/21/14 Pending -- -- --
09/05/2014 09/05/14 For Sale $2,300,000 -- $261 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-790519

The MLS