Clean 4-plex Built Approx 1977. Good Location. Large 3-br 2-ba Unit. Two Townhouse-style 2-story 2-br 1.5-ba Units. Cash Flow Over $1,200 Mnthl (20% Dn) Approx 24% Cash On Cash Return. Oversized Building On Large Lot.
Multi-familyProperty Type
1977Year Built
0.31 acresLot Size
$126Est. Price/Sq.Ft.
5 car garageParking
Listed by Barry Mycorn•DRE #00866406• R.l.m. Equities
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
—
Lot depth
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Lot size
—
Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Orange County
APN
—
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on May 23, 2022.
R-3
High Density Multiple-Family District
The purpose of the R-3 district is to stabilize and maintain the residential character of the district for medium high density apartment living with substantial space for cooperatively used facilities and open spaces. The maximum allowable density of this district shall be 30 du per acre.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Multiple units
Educational/school
Park & open space
Property details
Parking
Parking / Garage Information
# of Garage Spaces: 5
# of Parking Spaces: 5
Interior
Laundry Information
Community
Flooring Information
Carpet
Heating Information
Forced Air
Has Heating
Interior Features
Levels: Two
Unit Type 1 Information
Unit Key Numeric: 155478
Listing Key Numeric: 1279714
Actual Rent: $950
Area Units: Square Feet
Total # of Baths: 2
Total # of Beds: 3
Furnished: Unfurnished
Total Rent: $950
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 155479
Listing Key Numeric: 1279714
Actual Rent: $750
Area Units: Square Feet
Total # of Baths: 1
Furnished: Unfurnished
Total # of Beds: 2
Total Rent: $825
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 1279714
Unit Key Numeric: 155480
Actual Rent: $750
Area Units: Square Feet
Total # of Baths: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $825
Total # of Units: 1
Unit Type 4 Information
Listing Key Numeric: 1279714
Unit Key Numeric: 155481
Actual Rent: $650
Area Units: Square Feet
Total # of Baths: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $725
Total # of Units: 1
Expenses
New Taxes: $3,162
Multi-Unit Information
# of Units With Patio: 4
# of Units With Drapes: 4
# of Units With Disposal: 4
# of Units With Carpet: 4
Net Operating Income: $30,600
Total Building Area: 13,500
Gross Spendable Income: $14,628
Gross Scheduled Income: $40,800
Gross Multiplier: 7.59
Gross Income: $3,400
Gross Equity: $134,000
Laundry Equipment Own or Lease: Lease
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 4
# Of Separate Electric Meters: 4
# Of Buildings: 1
Operating Expense Percent: $22
Vacancy Allowance Rate: 3
Vacancy Allowance: 1224
Exterior
Exterior Information
Roof: Shake
Construction Materials: Frame, Stucco
Lot Information
Lot Size Source: Assessor's Data
Property Information
Total # of Units: 4
Financial
Lease / Rental Details
Operating Expense: $8,976
Other Expense: $5,814
Other Expense Description: EST. EXP
Tenant Pays: Cable TV, Electricity, Gas
Total Actual Rent: $3,325
Utilities
Utilities Information
Sewer Connected
Location
Location Information
Latitude: 33.86976200
Longitude: -117.87872400
Road Frontage Type: Alley Access
Zoning: MULT
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Orange County
APN: —
Home facts updated by county records on May 23, 2022
Other
Listing Information
Days Active in MLS: 99
Continuous Days Active in MLS: 99
Listing Agent Information
List Agent First Name: Barry
List Agent Last Name: Mycorn
Listing Office Information
List Office Name: R.l.m. Equities
Selling Agent Information
Buyer Agent First Name: -
Buyer Agent Last Name: Out Of Area
Selling Office Information
Buyer Office Name: Out Of Area Office
Around this home
Schools
Morse Avenue Elementary School
Public K-6 • Assigned • 1.6mi
7/10
Kraemer Middle School
Public 7-8 • Assigned • 0.8mi
7/10
Valencia High School
Public 9-12 • Assigned • 0.9mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
3/10 Flood Factor
Estimated 14-20% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 95° expected this year, 19 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
5/10 Air Factor
7 unhealthy days expected this year, 9 days in 30 years
Provided by First Street
Historical weather
Placentia, CA • 92870
Average low and high temperatures (°F)
71
50
72
51
75
54
73
55
76
59
80
63
84
66
87
67
85
67
80
59
72
53
70
51
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.5 hours in
June and 6.9 hours in December, placing it above the
U.S. average for solar exposure.
9.5 hrs
6.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.62M – $1.96M
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