2961 N Orange Olive Rd

8
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Super Pride 6 Units Centrally Located Near Freeways And Schools. Very Quiet Secluded Area. Hugh Upside In Rents Appartments At End Of Street Asking $1150. Great For 1031 Exchange. Central Air & D/w In All Units.Super Pride 6 Units Centrally Located Near Freeways And Schools. Very Quiet Secluded Area. Hugh Upside In Rents Appartments At End Of Street Asking $1150. Great For 1031 Exchange. Central Air & D/w In All Units.
  1. Listed by Eric Guichet • DRE #01239362 • New Dimension Invest

Property Details for 2961 North Orange Olive Road

Parking Spaces Total
18
Private Pool
No
Total Units
6.0
Fireplace
No
Pool
No
Spa
No
View
No
View
No
LISTING CLOSED: 02/05/2001 12:00 AM

Property Details for 2961 North Orange Olive Road

StatusClosed
MLS #P216359
Days on Market20
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1986
Lot Size-
CountyOrange County

Location

Listing Courtesy of New Dimension Invest, Eric Guichet, DRE #01239362

Sold By New Dimension Investment Prop., Eric Guichet, DRE #01239362

Add your commute

Building Information for 2961 North Orange Olive Road

Stories-Residences-Year Built1986Building Size-Lot Size-

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OriginPoint Mortgage or Rocket Mortgage1

$3,558 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,716

Property Taxes

$842

HOA Dues

$0

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Property Information for 2961 North Orange Olive Road

Income / Expense / Tax Details
Income Details
  • Gross Income: $4,870
  • Gross Scheduled Income: $58,440
  • Vacancy Allowance: 1169
  • Net Operating Income: $40,611
  • Gross Multiplier: 9.33
  • Cap Rate: 7.45
  • Sold Cap Rate: 0.07
Expense Details
  • Operating Expense: $11,660
  • New Taxes Expense: $0
  • Gardener Expense: $0
  • Cable TV Expense: $0
  • Licenses Expense: $0
  • Pest Control Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Maintenance Expense: $0
  • Professional Management Expense: $0
  • Workmans Compensation Expense: $0
  • Other Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Supplies Expense: $0
Tax / Assessment Info
  • Tax Tract Number: *
  • Tax Lot: *
Community / Development
Community / Development
  • Assessments YN: No
  • Investment Property: No
Property / Structure Info
Interior Features
  • Laundry: No
Exterior Features
  • Fence: No
Land/Lot Info
  • Number Of Units: 6
  • Land Lease Type: Fee
Parking Info
  • Garage Spaces: 6
  • Parking: No
  • Parking Garage Spaces: 6
  • Carport Spaces: 0
Property / Structure Info
  • Building Name: 2961 N Orange Olive Rd
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $860
  • Unit Type Total Rent: $860
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $865
  • Unit Type Total Rent: $865
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $850
  • Unit Type Total Rent: $850
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $800
  • Unit Type Total Rent: $800
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $715
  • Unit Type Total Rent: $715
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $715
  • Unit Type Total Rent: $715
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 6
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6

Property History for 2961 North Orange Olive Road

DateEvent & SourcePriceAppreciation
Mar 14, 2001

Sold (Public Record)

Public Record #70496040

$530,000
Feb 5, 2001

Sold

CRMLS #CC208433

$545,000
Feb 5, 2001

Sold

CLAW #P216359aMR

$545,000
DateEvent & SourcePrice
03/14/2001

Sold (Public Record)

Public Record #70496040

$530,000
02/05/2001

Sold

CRMLS #CC208433

$545,000
02/05/2001

Sold

CLAW #P216359aMR

$545,000

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

Public Records for 2961 North Orange Olive Road

Taxable ValueLand$400,750Additions$397,871Total$798,621
Tax Record2025$10,104 ($842 / month)
Home Facts
Total Finished SqFt4,968 SqFtAbove Grade Finished SqFt4,968 SqFtLot Size15,803 SqFtStyleMulti-Family Dwelling (2-4)Year Built1983CountyORANGEAPN360-383-01

Schools near 2961 North Orange Olive Road

This home is within Orange Unified 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
Olive Elementary School
PublicK to 6

Cerro Villa Middle School
Public7 to 8

Villa Park High School
Public9 to 12

Richland Continuation High 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.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of New Dimension Invest, Eric Guichet, DRE #01239362

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.