NOT LISTED FOR SALE
16 Beds
8 Baths
8,462 Sq Ft
7,841 Sq Ft Lot

Sale Details

Date Sold: September 15, 2012

Last sale price $1,600,000 $189 Per Sq Ft

15 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Siding
  • 4-minute walk to Eastgate Park
  • Patton Elementary School Rated A
  • No Heating

About This Home

As of September 2012

PROPERTY: This is a superbly maintained Townhouse project consisting of two (2) separate Four-Plexes with a central courtyard swimming pool. All large Two (2) Bedroom, One & one-half (1.5) Baths. The buildings have four (4) separate single car garages, four assigned parking spaces and abundant street parking. This is a separately metered, all electric community with individual water heaters. The pitched composition roofs are less than ten years old. Two small laundries with one washer/dryer each. LOCATION: Very desirable and vibrantly progressive West Side Garden Grove. Close to the border of the Cities of Cypress and Los Alamitos, with access to the 22 and I-5 freeways. Centrally located near major entertainment, restaurants and shopping.

Last Agent to Sell the Property

William Casas

William Casas, Broker License #00824131 Listed on: 07/01/2012

Last Buyer's Agent

William Casas

William Casas, Broker License #00824131 Listed on: 07/01/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,841

Parking

  • 10 Car Garage

Home Design

  • 8,462 Sq Ft Home
  • Contemporary Architecture
  • Block Foundation
  • Slab Foundation
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Utilities

  • No Heating
  • Electric Water Heater

Additional Features

  • Electric Cooktop
  • Leased Washer and Dryer
  • Property fronts an alley

Listing and Financial Details

  • Tax Lot 48-
  • Tax Tract Number 3624
  • Assessor Parcel Number 22422105

Community Details

Overview

  • 2 Buildings
  • 8 Units

Building Details

  • 8 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Water Meters
  • Electric Expense $2,598
  • Gardener Expense $1,800
  • Insurance Expense $3,600
  • Other Expense $3,612
  • Trash Expense $2,832
  • Water Sewer Expense $4,020
  • New Taxes Expense $14,952
  • Gross Income $10,267
  • Net Operating Income $84,470

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

7,841 Sq Ft Lot

Parking

10

Listing Details

  • Assessments: No
  • CapRate: 6.03
  • Road Frontage Type: Alley
  • View: No
  • Water Sewer Expenses: 4020.00
  • Zoning: MultiFam
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 22422105
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 189.08

Exterior Features

  • Foundation: Block, Slab
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 10.00
  • Parking: No
  • Total Parking Spaces: 18.00

Utilities

  • Heating: No
  • Laundry: No
  • Appliances: Electric Cooking, Electric Water Heater, Cooktop
  • Trash Expense: 2832.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Multi Family

  • Average2 Bed Area: 1050
  • Electric Expense: 2598.00
  • Gross Income: 10267.00
  • Gross Multiplier: 11.36
  • Gross Scheduled Income: 123200.00
  • Insurance Expense: 3600.00
  • Laundry Equipment Own Lease: Lease
  • Net Operating Income: 84470.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Water Meters: 8
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Number With Carpet: 8
  • Number With Dishwasher: 8
  • Number With Disposal: 8
  • Number With Drapes: 8
  • Number With Patio: 8
  • Operating Expense: 35034.00
  • Other Expense: 3612.00
  • Other Expense Description: Maintena
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 14952.00
  • Tax Area: 18-069
  • Tax Lot: 48-
  • Tax Rate: 1.11
  • Tax Tract Number: 3624
  • Tax Year: 2012
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
09/15/2012 09/15/12 Sold $1,600,000 +14.3% $189 / Sq Ft
07/16/2012 07/16/12 Pending -- -- --
07/01/2012 07/01/12 For Sale $1,400,000 -- $165 / 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
2025 $12,447 $985,138 $812,925 $172,213
2024 $12,447 $965,822 $796,985 $168,837
2023 $12,210 $946,885 $781,358 $165,527
2022 $12,025 $928,319 $766,037 $162,282
2021 $11,906 $910,117 $751,017 $159,100
2020 $11,772 $900,785 $743,316 $157,469
2019 $11,490 $883,123 $728,741 $154,382
2018 $11,304 $865,807 $714,452 $151,355
2017 $11,151 $848,831 $700,443 $148,388
2016 $10,609 $832,188 $686,709 $145,479
2015 $10,477 $819,688 $676,394 $143,294
2014 $10,125 $803,632 $663,144 $140,488
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S704438

California Regional Multiple Listing Service (CRMLS)

APN: 224-221-05

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