NOT LISTED FOR SALE

860 N Adele St Orange, CA 92867

9 Beds
11 Baths
4,414 Sq Ft
8,276 Sq Ft Lot

Sale Details

Date Sold: November 5, 2019

Last sale price $1,370,000 $310 Per Sq Ft

22 Days on Market

About This Home

As of November 2019

Great Fourplex in a good conforming neighborhood! It is located near the 55 freeway and E Collins Ave. This four-plex has recent upgrades in 2 of the units. Three of the 4 units have private fenced in patio areas great for relaxing or to entertain. Laundry area available to all tenants. Unit Mix for this property consists of (1) 3 bedroom two and one half bath with access to 2 car garage, (1) 2 bedroom two and one half bath with access to 2 car garage, and 2 units consisting of two bedroom 2 bath with access to 1 carport space each. Minutes away from El Modena Park, beautiful Grijalva Park, and esteemed Chapman University. Villa Park school district.
Good Opportunity to own 2 fourplexes right next to each other. 850 N Adele St next door is also For Sale by the same owner.

Last Agent to Sell the Property

Randy Combs

Gorman & Associates License #01930012 Listed on: 09/26/2019

Gorman & Associates

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

  • 8,276 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

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

Home Design

  • Property Attached

Interior Spaces

  • 4,414 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 11 Bathrooms

Additional Features

  • Exterior Lighting
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 5180
  • Assessor Parcel Number 38317511

Community Details

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $475
  • Fuel Expense $574
  • Gardener Expense $1,500
  • Insurance Expense $1,545
  • Maintenance Expense $5,000
  • Trash Expense $653
  • Water Sewer Expense $2,854
  • New Taxes Expense $15,400
  • Operating Expense $28,001
  • Gross Income $90,300
  • Net Operating Income $57,784

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

8,276 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 4.10
  • Property Attached: Yes
  • Water Sewer Expenses: 2854.00
  • Property Type: Residential Income
  • Gardener Expense: 1500.00
  • Parcel Number: 38317511
  • 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: 310.38

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 653.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Multi Family

  • Electric Expense: 475.00
  • Fuel Expense: 574.00
  • Gross Income: 90300.00
  • Gross Multiplier: 15.50
  • Gross Operating Income: 85785.00
  • Gross Scheduled Income: 90300.00
  • Gross Spendable Income: 90300.00
  • Insurance Expense: 1545.00
  • Lot Size Area: 8276.0000 Square Feet
  • Maintenance Expense: 5000.00
  • Net Operating Income: 57784.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 28001.00
  • Rent Control: No
  • Total Actual Rent: 7525.00
  • Total Expenses: 28001.00

Tax Info

  • New Taxes Expense: 15400.00
  • Tax Census Tract: 758.15
  • Tax Lot: 27
  • Tax Tract Number: 5180
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
11/05/2019 11/05/19 Sold $1,370,000 -2.1% $310 / Sq Ft
09/26/2019 09/26/19 For Sale $1,400,000 -- $317 / 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
2025 $17,576 $1,591,812 $1,250,847 $340,965
2024 $17,576 $1,560,600 $1,226,320 $334,280
2023 $17,186 $1,530,000 $1,202,274 $327,726
2022 $15,768 $1,397,400 $1,076,100 $321,300
2021 $15,331 $1,370,000 $1,055,000 $315,000
2020 $15,337 $1,370,000 $1,055,000 $315,000
2019 $6,213 $496,005 $278,936 $217,069
2018 $6,121 $486,280 $273,467 $212,813
2017 $5,885 $476,746 $268,105 $208,641
2016 $5,777 $467,399 $262,849 $204,550
2015 $5,692 $460,379 $258,901 $201,478
2014 $5,571 $451,361 $253,829 $197,532
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19235246

California Regional Multiple Listing Service (CRMLS)

APN: 383-175-11

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