NOT LISTED FOR SALE

830 N Adele St Orange, CA 92867

Orange Area
9 Beds
11 Baths
4,500 Sq Ft
8,276 Sq Ft Lot

Sale Details

Date Sold: September 6, 2018

Last sale price $1,400,000 $311 Per Sq Ft

12 Days on Market

Highlights

  • No HOA
  • Central Air
  • Laundry Facilities

About This Home

As of September 2018

Beautiful, clean, well managed four-plex with updated amenities. Probably one of the best four-plex layouts available with fenced in yards for three of the four units and minimal shared walls. Townhouse style with two story set up on three of the four units. Lots of space, half bath on the first floor and separate baths for the bedrooms upstairs. Estimated cap rate of 4.8% with current rents. Proforma takes it to 5%+. Townhouse style ; Three bedroom 2.5 bath(1) with two car attached garage and laundry hook-ups; Two bedroom, 2.5 bath (2); two bedroom, 2 bath. (2) two car garages - and a two car carport and one uncovered parking space. Three units access from first floor and have fenced yards. Fourth unit access via exterior stairs to second floor. Updated plumbing, sewer, A/C, flooring, paint and windows. Granite countertops in most units. Onsite coin operated laundry is included in the sale with new washer. Sale includes all landlord owned appliances including coin operated washer and dryer. Tenant owned property not included. East of the 55 between Katella and Chapman. Next to Villa Park.

Last Agent to Sell the Property

Gail Itnyre

Vida Bella Incorporated License #01526809 Listed on: 07/18/2018

Last Buyer's Agent

Mary Nasr

Homequest Real Estate License #01766901

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 8,276 Sq Ft Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 1 Open Parking Space
  • 4 Car Garage
  • 2 Carport Spaces

Home Design

  • Property Attached

Interior Spaces

  • 4,500 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 11 Bathrooms

Laundry

  • 220 Volts In Laundry
  • Electric Dryer Hookup

Utilities

  • Central Air
  • 220 Volts in Garage
  • 220 Volts in Kitchen

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 29
  • Tax Tract Number 5180
  • Assessor Parcel Number 38317513

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,677
  • Fuel Expense $2,448
  • Gardener Expense $540
  • Insurance Expense $1,289
  • Trash Expense $627
  • Water Sewer Expense $1,722
  • New Taxes Expense $11,047
  • Operating Expense $21,541
  • Gross Income $90,924
  • Net Operating Income $69,382

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

8,276 Sq Ft Lot

Parking

4

Listing Details

  • CapRate: 4.49
  • Property Attached: Yes
  • Subdivision Name Other: Santiago Ranchos (SANR)
  • Water Sewer Expenses: 1722.00
  • Property Type: Residential Income
  • Gardener Expense: 540.00
  • Parcel Number: 38317513
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 311.11

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 4.00
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: Yes
  • Electric: 220 Volts in Garage, 220 Volts in Kitchen, 220 Volts in Laundry
  • Laundry Features: Community, Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 627.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 8276.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average2 Bed Area: 1050 Square Feet
  • Average3 Bed Area: 1450 Square Feet
  • Electric Expense: 1677.00
  • Fuel Expense: 2448.30
  • Gross Income: 90924.00
  • Gross Multiplier: 16.90
  • Gross Scheduled Income: 90924.00
  • Insurance Expense: 1289.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 2544.00
  • Net Operating Income: 69382.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 21541.00
  • Rent Control: No
  • Total Expenses: 21541.00

Tax Info

  • New Taxes Expense: 11047.00
  • Tax Census Tract: 758.15
  • Tax Lot: 29
  • Tax Tract Number: 5180

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2021
Sold by
Bought by

Purchase Details

Closed on
Apr 8, 2020
Sold by
Bought by

Purchase Details

Closed on
Apr 5, 2019
Sold by
Bought by

Purchase Details

Listed on
Jul 18, 2018
Closed on
Aug 10, 2018
Sold by
Bought by
Seller's Agent
Gail Itnyre
Vida Bella Incorporated
Buyer's Agent
Mary Nasr
Homequest Real Estate
List Price
$1,495,000
Sold Price
$1,400,000
Premium/Discount to List
-$95,000
-6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2015
Sold by
Bought by

Purchase Details

Closed on
Jan 17, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,900
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,900
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 23, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase 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 Buyer Sale Price Title Company
-- None Available
-- Lawyers Title
-- None Available
$1,400,000 First American Title Ins Co
-- None Available
-- Servicelink
-- None Available
-- None Available
$325,000 Fidelity National Title Co
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $651,200
Previous Owner $650,000
Previous Owner $367,900
Previous Owner $390,000
Previous Owner $242,000
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
09/06/2018 09/06/18 Sold $1,400,000 -6.4% $311 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $1,495,000 -- $332 / 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
2026 $17,654 $1,592,958 $1,374,196 $218,762
2025 $17,264 $1,561,724 $1,347,251 $214,473
2024 $17,264 $1,531,102 $1,320,834 $210,268
2023 $16,881 $1,501,081 $1,294,935 $206,146
2022 $16,553 $1,471,649 $1,269,545 $202,104
2021 $16,093 $1,442,794 $1,244,652 $198,142
2020 $15,945 $1,428,000 $1,231,889 $196,111
2019 $15,746 $1,400,000 $1,207,734 $192,266
2018 $5,897 $465,200 $243,425 $221,775
2017 $5,672 $456,079 $238,652 $217,427
2016 $5,567 $447,137 $233,973 $213,164
2015 $5,485 $440,421 $230,458 $209,963
2014 $5,369 $431,794 $225,943 $205,851
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18153517

California Regional Multiple Listing Service (CRMLS)

APN: 383-175-13

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