NOT LISTED FOR SALE
8 Beds
7 Baths
4,015 Sq Ft
0.26 Acre Lot

Sale Details

Date Sold: March 7, 2024

Last sale price $1,731,000 $431 Per Sq Ft

48 Days on Market

About This Home

As of March 2024

TREMENDOUS OPPORTUNITY TO OWN INCOME PRODUCING FOURPLEX! PRICE REDUCED! Proudly presenting a fantastic opportunity to own this lucrative wealth building machine! Located in a highly sought after area, prime location near the 22 freeway on Brookhurst St. between Garden Grove Blvd and Westminster Ave. Conveniently close to shopping centers and all the amenities you need. All four units have long term housing tenants which provides for steady solid income. Upside opportunity to increase rent to increase rent value. All tenants are currently on month to month leases. Owner to sell as is. Four units features unit 1. 2 bed 2 full bath, unit 2. 2 bed 2 full bath unit3. 3 bed 2 fullbath unit 4. 1 bed 1 full bath. Five attached garage parking with additional guest parking. Owner prefers to sell 9851 Central ave which has four units along with 9861 which also has four units as a package but will also sell separately. This amazing asset located in a prime area makes this fourplex a hot commodity in the rental market. Take advantage of this once in a lifetime opportunity!

Please submit all offers with POF/pre-approval to Mr. Tony Phong at tonyphongrealtor@gmail.com

Last Agent to Sell the Property

Tony Phong

First Team Real Estate Brokerage Phone: 714-234-3012 License #01744753 Listed on: 12/17/2023

Last Buyer's Agent

Kristal Ralston

Redfin License #02015158

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 11,326 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard

Parking

  • 5 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 4,015 Sq Ft Home
  • 2-Story Property
  • Washer and Gas Dryer Hookup

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Additional Features

  • Urban Location
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 4668
  • Assessor Parcel Number 09853111
  • $1 per year additional tax assessments

Community Details

Building Details

  • 4 Leased Units
  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $600
  • Insurance Expense $2,000
  • Trash Expense $2,250
  • Water Sewer Expense $2,500
  • Operating Expense $10,550
  • Gross Income $75,210
  • Net Operating Income $75,210

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0.26 Acres

Parking

5

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: UNKNOWN
  • Water Sewer Expenses: 2500.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 09853111
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 431.13

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: None
  • Trash Expense: 2250.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 11326.00
  • Lot Size Acres: 0.2600

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 75210.00
  • Gross Scheduled Income: 83760.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 11326.0000 Square Feet
  • Net Operating Income: 75210.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 8550.00
  • Rent Control: Yes
  • Total Expenses: 10550.00

Tax Info

  • Tax Census Tract: 887.02
  • Tax Lot: 3
  • Tax Tract Number: 4668
  • TaxOtherAnnualAssessmentAmount: 1.00

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2025
Sold by
Bought by

Purchase Details

Listed on
Dec 17, 2023
Closed on
Feb 24, 2024
Sold by
Bought by
Seller's Agent
Tony Phong
First Team Real Estate
Buyer's Agent
Kristal Ralston
Redfin
List Price
$1,839,000
Sold Price
$1,731,000
Premium/Discount to List
-$108,000
-5.87%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,211,700
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2020
Sold by
Bought by

Purchase Details

Closed on
May 27, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2002
Sold by
Bought by

Purchase Details

Closed on
Jun 15, 1998
Sold by
Bought by

Purchase Details

Closed on
Apr 10, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
7.17%
Mortgage Type
Stand Alone First
Source: Public Records

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
-- None Listed On Document
$1,731,000 Fidelity National Title
-- None Available
-- None Available
$1,180,000 Fidelity Natl Title Ins Co
-- --
-- Lawyers Title Company
$475,000 Lawyers Title Company
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
Previous Owner $1,211,700
Previous Owner $800,000
Previous Owner $285,000
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
03/07/2024 03/07/24 Sold $1,731,000 -3.8% $431 / Sq Ft
02/03/2024 02/03/24 Pending -- -- --
02/01/2024 02/01/24 Price Changed $1,799,000 -2.2% $448 / Sq Ft
12/17/2023 12/17/23 For Sale $1,839,000 -- $458 / 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
2026 $21,977 $1,800,932 $1,587,956 $212,976
2025 $10,866 $1,765,620 $1,556,820 $208,800
2024 $10,866 $822,402 $625,183 $197,219
2023 $10,660 $806,277 $612,925 $193,352
2022 $10,431 $790,468 $600,907 $189,561
2021 $10,321 $774,969 $589,124 $185,845
2020 $10,185 $767,023 $583,083 $183,940
2019 $9,999 $751,984 $571,650 $180,334
2018 $9,803 $737,240 $560,441 $176,799
2017 $9,670 $722,785 $549,452 $173,333
2016 $9,207 $708,613 $538,678 $169,935
2015 $9,080 $697,969 $530,586 $167,383
2014 $8,863 $684,297 $520,192 $164,105
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23227383

California Regional Multiple Listing Service (CRMLS)

APN: 098-531-11

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