NOT LISTED FOR SALE

875 N Olive St Orange, CA 92867

Orange Area
20 Beds
20 Baths
-- Sq Ft
0.44 Acre Lot

Sale Details

Date Sold: March 26, 2025

Last sale price $3,115,000

4 Days on Market

Highlights

  • 0.44 Acre Lot
  • Courtyard Views
  • Forced Air Heating and Cooling System
  • Fireplace in Bathroom
  • Accessible Parking
  • 10 Car Garage

About This Home

As of March 2025

Discover your perfect home where comfort meets convenience. Our premier property offers a blend of modern amenities and a welcoming atmosphere, ensuring an ideal living environment for everyone. From spacious interiors to beautifully maintained outdoor spaces, each detail is designed to enhance your everyday living experience. Don't miss the opportunity to make it your home. Visit us today to see why our residents love to call this place home!

Last Agent to Sell the Property

John Muirhead

Seven Gables Real Estate Brokerage Phone: 714-501-3783 License #00961702 Listed on: 02/20/2025

Seven Gables Real Estate

Co-Listed By

Heather Vuncanon

Seven Gables Real Estate Brokerage Phone: 714-501-3783 License #02090328

Seven Gables Real Estate

Last Buyer's Agent

Heather Vuncanon

Seven Gables Real Estate Brokerage Phone: 714-501-3783 License #02090328

Seven Gables Real Estate
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,669

Year Built

  • Built in 1993

Lot Details

  • 19,254 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard Sprinklers

Parking

  • 10 Car Garage
  • 10 Open Parking Spaces
  • Parking Available
  • Parking Lot

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Carpet
  • Courtyard Views
  • Leased Washer and Dryer

Kitchen

  • Electric Range
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 20 Bathrooms
  • Fireplace in Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Accessible Parking
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 1 / G
  • Tax Tract Number 175
  • Assessor Parcel Number 38643419
  • Seller Considering Concessions

Community Details

Overview

  • 2 Buildings
  • 10 Units

Amenities

  • Laundry Facilities

Building Details

  • 10 Leased Units
  • Rent Control
  • 10 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $2,000
  • Fuel Expense $4,073
  • Gardener Expense $4,180
  • Insurance Expense $2,860
  • Maintenance Expense $18,340
  • Other Expense $4,508
  • Pest Control $1,543
  • Professional Management Expense $14,808
  • Trash Expense $4,472
  • Water Sewer Expense $8,310
  • Operating Expense $88,696
  • Gross Income $200,700
  • Net Operating Income $117,051

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,669

Year Built

Built in 1993

Lot Details

0.44 Acres

Parking

10

Listing Details

  • Standard Status: Closed
  • CapRate: 4.00
  • Professional Management Expense: 14808.00
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 8310.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 4180.00
  • Parcel Number: 38643419
  • Year Built: 1993
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Accessibility Features: Parking
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Bath, Dining Room, Kitchen, Living Room
  • Levels: Two

Exterior Features

  • View: Courtyard
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 10.00
  • Parking: Yes
  • Parking Features: Garage, Parking Space
  • Total Parking Spaces: 20.00
  • Uncovered Spaces: 10.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Community
  • Pest Control Expense: 1543.00
  • Sewer: Public Sewer
  • Trash Expense: 4472.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft, Sprinklers In Front
  • Lot Size Sq Ft: 19254.00
  • Lot Size Acres: 0.4420

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Average2 Bed Area: 950 Square Feet
  • Electric Expense: 2000.00
  • Fuel Expense: 4073.00
  • Gross Income: 200700.00
  • Gross Multiplier: 14.70
  • Gross Operating Income: 88696.00
  • Gross Scheduled Income: 205747.00
  • Insurance Expense: 2860.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 5048.00
  • Lot Size Area: 19254.0000 Square Feet
  • Maintenance Expense: 18340.00
  • Net Operating Income: 117051.00
  • Number Of Rented Garages: 10
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 10
  • Number Of Units Total: 10
  • Number With Disposal: 10
  • Number With Range: 10
  • Number With Refrigerator: 10
  • Operating Expense: 88696.00
  • Other Expense: 4508.00
  • Other Expense Description: Legal
  • Rent Control: Yes
  • Total Actual Rent: 200700.00
  • Total Expenses: 88696.00

Tax Info

  • Tax Block: G
  • Tax Census Tract: 762.04
  • Tax Lot: 1
  • Tax Tract Number: 175
  • Tax Annual Amount: 18669.00

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
$3,115,000 Chicago Title
Rockstone Investment Llc -- None Available
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
Open $1,869,000
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
10/15/2025 10/15/25 Off Market $2,650 -- --
08/22/2025 08/22/25 Price Changed $2,650 +1.9% $3 / Sq Ft
07/01/2025 07/01/25 For Rent $2,600 0.0% --
03/26/2025 03/26/25 Sold $3,115,000 +5.6% --
02/24/2025 02/24/25 Pending -- -- --
02/20/2025 02/20/25 For Sale $2,950,000 -- --
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 $20,368 $3,177,300 $2,396,886 $780,414
2025 $20,368 $1,664,349 $747,068 $917,281
2024 $19,899 $1,631,715 $732,419 $899,296
2023 $19,439 $1,599,721 $718,058 $881,663
2022 $19,045 $1,568,354 $703,978 $864,376
2021 $18,538 $1,537,602 $690,174 $847,428
2020 $18,360 $1,521,836 $683,097 $838,739
2019 $18,148 $1,491,997 $669,703 $822,294
2018 $17,877 $1,462,743 $656,572 $806,171
2017 $17,178 $1,434,062 $643,698 $790,364
2016 $16,857 $1,405,944 $631,077 $774,867
2015 $16,610 $1,384,826 $621,598 $763,228
2014 $16,260 $1,357,700 $609,422 $748,278
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25036781

California Regional Multiple Listing Service (CRMLS)

APN: 386-434-19

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