NOT LISTED FOR SALE

924 Fair Way Santa Ana, CA 92703

Artesia Pilar Neighborhood
4 Beds
2 Baths
2,800 Sq Ft
5,859 Sq Ft Lot

Last Sold February 23, 2015

Last sale price $450,000 $161 Per Sq Ft

64 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Wall Furnace
  • Laundry Room
  • Level Lot
  • 3-minute walk to Fairview Triangle Habitat Restoration

About This Home

As of February 2015

Great investment property. Each unit has 2 bedrooms and 1 bath. The unit in the back has a private cement patio yard. Each unit has their own electrical and gas meter. Both units are leased out with tenants.

Last Agent to Sell the Property

Eduardo Vargas

Seven Gables Real Estate License #01219811 Listed on: 11/11/2014

Seven Gables Real Estate

Last Buyer's Agent

Eduardo Vargas

Seven Gables Real Estate License #01219811 Listed on: 11/11/2014

Seven Gables Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 5,859 Sq Ft Lot
  • 1 Common Wall
  • Fence is in average condition
  • Level Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • Property Attached
  • Block Foundation
  • Composition Roof

Interior Spaces

  • 2,800 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Gas Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, grounds care
  • Tax Lot 23
  • Tax Tract Number 2980
  • Assessor Parcel Number 40521124

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $750
  • Trash Expense $600
  • Water Sewer Expense $3,300
  • New Taxes Expense $2,650
  • Gross Income $2,900
  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 3300.00
  • Zoning: r2
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • Parcel Number: 40521124
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 160.71
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Block
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Level
  • Lot Size Sq Ft: 5859.00
  • Lot Size Acres: 0.1350

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care

Multi Family

  • Gross Income: 2900.00
  • Gross Scheduled Income: 34800.00
  • Insurance Expense: 750.00
  • Lot Size Area: 5859.0000 Square Feet
  • Net Operating Income: 30000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 4800.00
  • Operating Expense Percent: 13.00
  • Rent Control: No
  • Total Actual Rent: 2900.00
  • Vacancy Allowance: 1740
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 2650.00
  • Tax Lot: 23
  • Tax Tract Number: 2980
  • Tax Year: 2013

Range of Values:

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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 Change Sq Ft Price
02/23/2015 02/23/15 Sold $450,000 -8.1% $161 / Sq Ft
01/14/2015 01/14/15 Pending -- -- --
11/11/2014 11/11/14 For Sale $489,900 -- $175 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Eduardo Vargas

    Seller's Agent in 2015

    Eduardo Vargas

    Seven Gables Real Estate

    (714) 832-2000

    168 Total Sales

    Eduardo Vargas
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14239726

California Regional Multiple Listing Service (CRMLS)

APN: 405-211-24

California Orange County Santa Ana 92703 Artesia Pilar

924 Fair Way, Santa Ana, CA

This home is located at 924 Fair Way, Santa Ana, CA 92703 since 11 November 2014. This property was built in 1956. 924 Fair Way is a home located in Orange County with nearby schools including Romero-Cruz Academy, Fremont Elementary School, and Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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