Seller's Agent in 2016
Tony Lam
Pinnacle Real Estate Group
(909) 618-3765
27 Total Sales
867 N Adele St Orange, CA 92867
9
Beds
7
Baths
4,978
Sq Ft
8,276
Sq Ft Lot
Highlights
- Primary Bedroom Suite
- Wood Flooring
- Laundry Room
- Dual Staircase
- No HOA
- Storage
About This Home
As of July 2016Excellent investment opportunity! A truly great multi-split four units with excellent configurations. 4,978sf of total living spaces! 1x3BR/2.5BA, 2x2BR/2.5BA and 1x2BR/1.5BA. A true rarity to have such a supersize 5,000sf well maintained 4-unit multi-split building with great configurations. Three of the four units are two stories, each with two master suits with full baths, a downstairs spacious living room, a large kitchen and a generous dining area. New roof (2014)! New water heater! New furnaces! New kitchen cabinets & counter-tops! Large individual shaded yards, artificial turf and onsite laundry facility. The spacious 3BR has a fireplace and in-unit laundry hookup & direct access from a 2-car garage. Two 2-car garages + two covered and other on property and street parking. Near cul-de-sac, safe & quiet. Convenient location. near 55FWY, minutes from Chapman University, schools, shopping, Handy Park, Grijalva Community Park & Yorba Park. Located in a high rental demand area of the City of Orange, easy to rent, long term tenants w/ below market rent. Great appreciation and upside potentials! Separate electric & gas meters. No deferred maintenance. Seller doing 1031 exchange. Offer subject to interior inspection. Drive by only. Do not disturb tenants.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1969
Lot Details
- 8,276 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
- 2 Open Parking Spaces
- 2 Attached Carport Spaces
- Front Facing Garage
- On-Street Parking
- Parking Lot
Home Design
- Property Attached
Interior Spaces
- 4,978 Sq Ft Home
- 2-Story Property
- Dual Staircase
- Living Room with Fireplace
- Storage
- Gas Cooktop
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 9 Bedrooms
- Primary Bedroom Suite
- Double Master Bedroom
- 7 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Leased Washer and Dryer
Additional Features
- Accessible Parking
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 22
- Tax Tract Number 5180
- Assessor Parcel Number 38317506
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $396
- Fuel Expense $540
- Gardener Expense $480
- Insurance Expense $1,481
- Trash Expense $930
- Water Sewer Expense $2,160
- New Taxes Expense $7,392
- Operating Expense $13,379
- Gross Income $6,175
- Net Operating Income $60,721
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/08/2016 07/08/16 | Sold | $1,200,000 | 0.0% | $241 / Sq Ft |
| 05/23/2016 05/23/16 | Pending | -- | -- | -- |
| 05/16/2016 05/16/16 | For Sale | $1,200,000 | -- | $241 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| 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 | $15,511 | $1,392,699 | $1,163,303 | $229,396 |
| 2024 | $15,511 | $1,365,392 | $1,140,493 | $224,899 |
| 2023 | $15,166 | $1,338,620 | $1,118,130 | $220,490 |
| 2022 | $14,870 | $1,312,373 | $1,096,206 | $216,167 |
| 2021 | $14,459 | $1,286,641 | $1,074,712 | $211,929 |
| 2020 | $14,325 | $1,273,449 | $1,063,693 | $209,756 |
| 2019 | $14,148 | $1,248,480 | $1,042,836 | $205,644 |
| 2018 | $13,934 | $1,224,000 | $1,022,388 | $201,612 |
| 2017 | $13,361 | $1,200,000 | $1,002,341 | $197,659 |
| 2016 | $7,500 | $634,132 | $311,946 | $322,186 |
| 2015 | $7,390 | $624,607 | $307,260 | $317,347 |
| 2014 | $7,233 | $612,372 | $301,241 | $311,131 |
Source: Public Records
Agents Affiliated with this Home
-
Tony Lam
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW16106539
APN: 383-175-06
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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