NOT LISTED FOR SALE
10 Beds
9 Baths
5,266 Sq Ft
0.27 Acres

Last Sold November 12, 2024

Last sale price $3,105,000 $590 Per Sq Ft

68 Days on Market

About This Home

As of November 2024

425 E. Wellington Avenue is located in the Floral Park District of Santa Ana in an opportunity zone. This 9-unit multifamily property provides a unique opportunity for investors to acquire a high-quality acquisition. The property has over $1,000,000 in recent renovations and strong unit mix of one- & two-bedroom floor plans.

Last Agent to Sell the Property

George Felix

CB Richard Ellis, Inc. License #01327006 Listed on: 06/20/2024

Last Buyer's Agent

Christine Villegas

Omni Group Real Estate License #01962672

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 64x186

Parking

  • 9 Car Garage

Interior Spaces

  • 5,266 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 9 Bathrooms

Community Details

  • 9 Units

Listing and Financial Details

  • Assessor Parcel Number 398-028-12

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Parking

9

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Living Area: 5266
  • Lot Acreage: 0.2700
  • Lot Dimensions: 64x186
  • Stories: 2
  • Year Built: 1941
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Total Bathrooms: 9.00
  • Price Per S Q F T: 598.18

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 9
  • Parking Garage: Garage
  • Total Parking: 9

Lot Info

  • Assessed Improvement Percent: 10.55
  • Assessed Improvement Value: 208080
  • Assessed Land Percent: 89.45
  • Assessed Land Value: 1763478
  • Total Assessed Value: 1971558
  • Assessor Parcel Number: 398-028-12
  • Lot Size Area: 9191

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 11.57
  • Number Of Units: 9
  • Type Of Units: Apartments
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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 List to Sale Price per Sq Ft
11/12/2024 11/12/24 Sold $3,105,000 -1.4% $590 / Sq Ft
08/27/2024 08/27/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $3,150,000 -- $598 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $24,772 $3,105,000 $2,848,412 $256,588
2024 $24,772 $2,010,989 $1,798,748 $212,241
2023 $24,154 $1,971,558 $1,763,478 $208,080
2022 $23,891 $1,932,900 $1,728,900 $204,000
2021 $23,340 $1,895,000 $1,695,000 $200,000
2020 $23,163 $1,856,400 $1,397,400 $459,000
2019 $22,721 $1,820,000 $1,370,000 $450,000
2018 $11,603 $854,983 $678,844 $176,139
2017 $11,500 $838,219 $665,533 $172,686
2016 $11,283 $821,784 $652,484 $169,300
2015 $11,137 $809,441 $642,684 $166,757
2014 $10,941 $793,586 $630,095 $163,491
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 24-406271

The MLS