NOT LISTED FOR SALE

Orange, CA 92866

6 Beds
4 Baths
3,442 Sq Ft
0.25 Acres

Last Sold June 27, 2023

Last sale price $1,590,000 $462 Per Sq Ft

29 Days on Market

About This Home

As of June 2023

This single story fourplex on a large 10,809 sf parcel of land is located near Old Towne Circle and Chapman University. This turnkey asset features over $200k in recent renovations to the property. The current Cap Rate at 5.24% is the highest fourplex Cap Rate for sale in Orange County. Please see the OM for details.

Last Agent to Sell the Property

George Felix

CB Richard Ellis, Inc. License #01327006 Listed on: 03/16/2023

Last Buyer's Agent

Marisol Amavizca

Socal Real Estate & Mgmt Inc License #01916233

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 62x173

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage
  • Driveway

Interior Spaces

  • 3,442 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 390-491-13

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Living Area: 3442
  • Lot Acreage: 0.2500
  • Lot Dimensions: 62x173
  • Stories: 1
  • Year Built: 1957
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 463.39

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 4
  • Other Spaces: 4
  • Parking Garage: Driveway, Garage - 1 Car
  • Total Parking: 8

Lot Info

  • Assessed Improvement Percent: 12.82
  • Assessed Improvement Value: 127500
  • Assessed Land Percent: 87.18
  • Assessed Land Value: 867000
  • Total Assessed Value: 994500
  • Assessor Parcel Number: 390-491-13
  • Lot Size Area: 10809

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.98
  • Number Of Units: 4
  • Type Of Units: apartments

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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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 Prior Sale
06/27/2023 06/27/23 Sold $1,590,000 -0.3% $462 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $1,595,000 +63.6% $463 / Sq Ft
09/03/2020 09/03/20 Sold $975,000 +3.2% $286 / Sq Ft View Prior Sale
07/31/2020 07/31/20 Pending -- -- --
07/25/2020 07/25/20 For Sale $945,000 -- $277 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • George Felix

    Seller's Agent in 2023

    George Felix

    CB Richard Ellis, Inc.

    (714) 926-2202

    2 in this area

    44 Total Sales

    George Felix
    Section Image

  • M

    Buyer's Agent in 2023

    Marisol Amavizca

    Socal Real Estate & Mgmt Inc

    Section Image

  • R

    Seller's Agent in 2020

    Rich Thorson

    Coldwell Banker Realty

    (714) 394-5883

    12 Total Sales

    Rich Thorson
    Section Image
See All Agents

Source: The MLS

MLS Number: 23-251609

The MLS

APN: 390-491-13

California Orange County Orange

92866

Not Listed for Sale

MultiFamily

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