NOT LISTED FOR SALE

8541 Gloria Ave Garden Grove, CA 92844

9 Beds
5 Baths
4,140 Sq Ft
7,405 Sq Ft Lot

Last Sold November 25, 2016

Last sale price $1,138,500 $275 Per Sq Ft

55 Days on Market

About This Home

As of November 2016

Good for investment, corner of Trash and Newland, close to supermarkets, school, freeway, restaurant. Two stories, 3 units remodeled 4 years and another unit remodeled 1 year ago, roof 3 years old.

Last Agent to Sell the Property

Wendy Wu

JB Realty License #01326552 Listed on: 09/13/2016

Last Buyer's Agent

Wendy Wu

JB Realty License #01326552 Listed on: 09/13/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 7,405 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage

Home Design

  • 4,140 Sq Ft Home
  • Property Attached
  • Composition Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Utilities

  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot .02
  • Tax Tract Number 888
  • Assessor Parcel Number 09719204

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 1 Separate Water Meter
  • Electric Expense $720
  • Professional Management Expense $780
  • Trash Expense $1,879
  • Water Sewer Expense $2,040
  • New Taxes Expense $13,500
  • Gross Income $600
  • Net Operating Income $48,881

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Parking

5

Listing Details

  • Professional Management Expense: 780.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2040.00
  • Property Type: Residential Income
  • Parcel Number: 09719204
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 275.00

Exterior Features

  • Foundation: Concrete Perimeter
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Sewer: Sewer Assessments
  • Trash Expense: 1879.20
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7405.00

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 720.00
  • Gross Income: 600.00
  • Gross Scheduled Income: 67800.00
  • Net Operating Income: 48880.80
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 18919.20
  • Rent Control: No
  • Total Actual Rent: 5600.00

Tax Info

  • New Taxes Expense: 13500.00
  • Tax Census Tract: 888.02
  • Tax Lot: .02
  • Tax Tract Number: 0888

Range of Values:

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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
11/25/2016 11/25/16 Sold $1,138,500 -5.1% $275 / Sq Ft
11/05/2016 11/05/16 Pending -- -- --
09/11/2016 09/11/16 For Sale $1,200,000 -- $290 / 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: PW16700234

California Regional Multiple Listing Service (CRMLS)