Seller's Agent in 2016
Tony Lam
Pinnacle Real Estate Group
(909) 618-3765
28 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 Compared to Growth
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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