2800 Santiago Rd

8
Baths
4,996 Sq. Ft.
$343 / Sq. Ft.
4,996
Sq. Ft.
$343
per Sq. Ft.

Description

We are pleased to present the Santiago Villas fourplex. The Santiago Villas is a pride of ownership multifamily apartment building located on a quiet cul-de-sac on the border of Brea & Fullerton, The subject property has approximately 5000 sf of living space which is extremely large and rare for a 4 unit apartment building. The unit mix is optimal with: 1 (3+2) single story owners unit with fireplace, patios (2) and washer /dryer hookups, 1 ( 2+2) single story unit with patio and 2 (2+2) walk-up...We are pleased to present the Santiago Villas fourplex. The Santiago Villas is a pride of ownership multifamily apartment building located on a quiet cul-de-sac on the border of Brea & Fullerton, The subject property has approximately 5000 sf of living space which is extremely large and rare for a 4 unit apartment building. The unit mix is optimal with: 1 (3+2) single story owners unit with fireplace, patios (2) and washer /dryer hookups, 1 ( 2+2) single story unit with patio and 2 (2+2) walk-up units. Currently the owner/seller occupies the 3 bedroom and would like to rent back said unit for 6 months after the close of escrow. The tenant amenities include: Central AC/Heat all Units, 8 garage spaces & 3 open parking spaces, common laundry room with coin-op owned machines (that are included in the sale), and separate gas and electric meters for each unit. The units have undergone many renovations; in the interior these include new cabinetry, quartz/granite counter tops, appliances, luxury plank flooring, paint and more; on the exterior these include: new concrete parking stalls and garage apron, newer exterior paint and more. $104,760. actual gross rents with upside to $114,780 annual gross on market rents. Priced to sell competitively with a model match closing in the same price tract on 10/26/20 with similar renovations and rents, but the comp had arguably an inferior location in the tract located on highly trafficked Bastanchury Road.
  1. Listed by Brad New • DRE #01347742 • Brokerage DRE #02014531 • Vanguard Property Group
  2. Listed by Ed Diaz • DRE #01022469 • Brokerage DRE #02014531 • Vanguard Property Group

Property Details for 2800 Santiago Road

View
Neighborhood
Parking Spaces Total
13
Private Pool
No
Cooling Type
Central Air, Wall/Window Unit(s)
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4996
LISTING UPDATED: 12/24/2020 01:33 AM

Property Details for 2800 Santiago Road

StatusClosed
MLS #PW20232175
Days on Market20
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1966
Lot Size0.21 AC / 8,963 SF
CountyOrange County

Location

Listing Courtesy of Vanguard Property Group, Brad New, DRE #01347742; Vanguard Property Group, Ed Diaz, DRE #01022469

Sold By CB Richard Ellis, Inc., Daniel Blackwell, DRE #01854961

Add your commute

Building Information for 2800 Santiago Road

Stories2Residences-Year Built1966Building Size-Lot Size0.21 AC / 8,963 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$10,416 per month

30 year fixed, 6.46% Interest

Principal and Interest

$8,638

Property Taxes

$1,778

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 2800 Santiago Road

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $8,660
  • Gross Scheduled Income: $104,760
  • Net Operating Income: $78,760
  • Laundry Income: $70
  • Financing: Conventional
Expense Details
  • Operating Expense: $26,000
  • Operating Expense Percent: 25.00%
  • New Taxes Expense: $19,415
  • Gardener Expense: $0
  • Cable TV Expense: $0
  • Fuel Expense: $0
  • Licenses Expense: $0
  • Pest Control Expense: $0
  • Pool Expense: $0
  • Security Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Maintenance Expense: $0
  • Professional Management Expense: $0
  • Workmans Compensation Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Supplies Expense: $0
  • Total Expenses: $26,000
Tax / Assessment Info
  • Tax Tract Number: 6140
  • Tax Census Tract: 15.05
  • Tax Lot: 12
Community / Development
Community / Development
  • Community Features: Biking, Curbs, Gutters
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Disposal
  • Equipment: Community, Dishwasher
  • Interior Features: Ceiling Fan(s), Copper Plumbing Full, Tile Counters
  • Room Type: Attic
  • Laundry: Yes
  • Laundry Features: Community
  • Laundry Equipment Own Lease: Own
  • Fireplace Features: Family Room, Patio
  • Fireplace Rooms: Family Room, Patio
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating Type: Forced Air
  • Heating: Forced Air
  • Heat Equipment: Forced Air Unit
  • Flooring Type: Carpet, Tile, Vinyl
  • Flooring: Carpet, Tile, Vinyl
Exterior Features
  • Window Features: Screens
  • Security Features: Smoke Detector(s)
  • Construction Materials: Concrete, Stucco
  • Exterior Construction: Concrete, Stucco
  • Exterior: Stucco
  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Foundation Details: Slab
  • Foundation Details: Slab
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: No Permits
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Sprinkler System, Sprinklers In Front
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Alley Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Sewer: Sewer Paid
  • Sewer/Septic: Sewer Connected
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 8
  • Parking: Yes
  • Uncovered Spaces: 5
  • Open Other Spaces Total: 5
  • Parking Garage Spaces: 8
  • Carport Spaces: 0
  • Parking Features: Garage Faces Rear
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,795
  • Unit Type Total Rent: $2,795
  • Unit Type Pro Forma: 2795
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,875
  • Unit Type Total Rent: $1,975
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,990
  • Unit Type Total Rent: $1,990
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Patio: 4
  • Number Wall AC: 4

Property History for 2800 Santiago Road

DateEvent & SourcePriceAppreciation
Dec 24, 2020

Hold

SDMLS #PW20232175

—
Dec 23, 2020

Sold

CRMLS #PW20232175

$1,715,500—
Dec 23, 2020

Sold

SDMLS #PW20232175

$1,715,500—
Dec 23, 2020

Sold

CLAW #PW20232175MR

$1,715,500—
Dec 14, 2020

Pending

SDMLS #PW20232175

—
Dec 2, 2020

Accepting Backup Offers

SDMLS #PW20232175

—
Dec 1, 2020

Pending

CLAW #PW20232175MR

—
Dec 1, 2020

Accepting Backup Offers

CLAW #PW20232175MR

—
Dec 1, 2020

Pending

CRMLS #PW20232175

—
Dec 1, 2020

Pending

SDMLS #PW20232175

—
Nov 30, 2020

Sold (Public Record)

Public Record #685937581

$1,715,500

+6.5% / yr

Nov 11, 2020

Listed (Active)

SDMLS #PW20232175

$1,765,000—
Nov 11, 2020

Listed (Active)

CLAW #PW20232175MR

$1,765,000—
Nov 11, 2020

Listed (Active)

CRMLS #PW20232175

$1,765,000—
Sep 12, 2017

Sold (Public Record)

Public Record #607855074

$1,400,000—
Feb 28, 2000

Sold

CRMLS #CC206425

$432,000—
Feb 28, 2000

Sold

CLAW #P168582MR

$432,000—
Feb 28, 2000

Sold

CRMLS #P168582

$432,000—
Feb 2, 2000

Pending

CLAW #P168582MR

—
Feb 2, 2000

Pending

CRMLS #P168582

—
Jan 7, 2000

Listed (Active)

CRMLS #CC206425

$439,000—
Jan 7, 2000

Listed (Active)

CRMLS #P168582

$439,000—
Jan 7, 2000

Listed (Active)

CLAW #P168582MR

$439,000—
DateEvent & SourcePrice
12/24/2020

Hold

SDMLS #PW20232175

—
12/23/2020

Sold

CRMLS #PW20232175

$1,715,500
12/23/2020

Sold

SDMLS #PW20232175

$1,715,500
12/23/2020

Sold

CLAW #PW20232175MR

$1,715,500
12/14/2020

Pending

SDMLS #PW20232175

—
12/02/2020

Accepting Backup Offers

SDMLS #PW20232175

—
12/01/2020

Pending

CLAW #PW20232175MR

—
12/01/2020

Accepting Backup Offers

CLAW #PW20232175MR

—
12/01/2020

Pending

CRMLS #PW20232175

—
12/01/2020

Pending

SDMLS #PW20232175

—
11/30/2020

Sold (Public Record)

Public Record #685937581

$1,715,500

+6.5% / yr

11/11/2020

Listed (Active)

SDMLS #PW20232175

$1,765,000
11/11/2020

Listed (Active)

CLAW #PW20232175MR

$1,765,000
11/11/2020

Listed (Active)

CRMLS #PW20232175

$1,765,000
09/12/2017

Sold (Public Record)

Public Record #607855074

$1,400,000
02/28/2000

Sold

CRMLS #CC206425

$432,000
02/28/2000

Sold

CLAW #P168582MR

$432,000
02/28/2000

Sold

CRMLS #P168582

$432,000
02/02/2000

Pending

CLAW #P168582MR

—
02/02/2000

Pending

CRMLS #P168582

—
01/07/2000

Listed (Active)

CRMLS #CC206425

$439,000
01/07/2000

Listed (Active)

CRMLS #P168582

$439,000
01/07/2000

Listed (Active)

CLAW #P168582MR

$439,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2800 Santiago Road

Taxable ValueLand$1,676,362Additions$180,550Total$1,856,912
Tax Record2025$21,330 ($1,778 / month)
Home Facts
Total Finished SqFt4,996 SqFtAbove Grade Finished SqFt4,996 SqFtStories2Lot Size8,641 SqFtStyleQuadraplexYear Built1966CountyORANGEAPN284-041-09

Schools near 2800 Santiago Road

This home is within Fullerton Joint Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Rolling Hills Elementary School
PublicK to 6

Ladera Vista Junior High School
Public7 to 8

Fullerton Union High School
Public9 to 12

La Sierra High (Alternative) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Vanguard Property Group, Brad New, DRE #01347742; Vanguard Property Group, Ed Diaz, DRE #01022469

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.