1025 West Central Avenue, Unit B

Santa Ana, CA 92707

$1,299,000
Price
9
Beds
8
Baths
4,557 Sq. Ft.
$285 / Sq. Ft.
4,557
Sq. Ft.
$285
per Sq. Ft.

Description

Excellent opportunity to buy this highly desirable 4 unit income producing property with huge upside potential located in the heart of Orange County. Must see you will not find units this large anywhere at this price. Tenants are month to month. One of the units is 3 bed 2 bath 1,500sqft with 2 outside patios and 2 garage spaces. The other 3 units are all 2 bed 2 bath with 1 garage space. On site laundry. 4 units with this square footage at this price will not last long. Make an offer now

Property Details for 1025 West Central Avenue, Unit B

Parking Spaces Total
5
Private Pool
No

Location

Listing Courtesy of Harcourts Prime Properties, Frank Magdaleno, DRE #01374770

Property Details for 1025 West Central Avenue, Unit B

StatusActive Under Contract
MLS #OC21068332
Days on Market80
Taxes-
HOA Fees$350 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1977
Lot Size0.15 AC / 6,534 SF
CountyOrange County

Contact a Compass agent

Location

Listing Courtesy of Harcourts Prime Properties, Frank Magdaleno, DRE #01374770

Building Information for 1025 West Central Avenue, Unit B

Stories2Residences-Year Built1977Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$4,703 per month

30 year fixed, 2.95% Interest

Principal and Interest

$4,353

Property Taxes

HOA Dues

$350

Property Information for 1025 West Central Avenue, Unit B

Property Features
    Interior Features
  • Common Walls: No Common Walls
  • Fireplace: No
  • Fireplace Features: None
  • Heating Type: Other
  • Interior Features: Open Floorplan
  • Laundry: Yes
  • Laundry Features: Community
  • Levels: Two
  • Number of 3 Quarter Bathrooms: 0.0
  • Baths One Quarter: 0.0
  • Total Units: 4.0
  • Unit Number: B
    Exterior Features
  • Pool Features: None
  • Spa: No
  • Spa Features: None
    Parking Info
  • Carport Spaces: 0
  • Garage Spaces: 5
  • Parking: Yes
  • Parking Features: Garage
    Water Details
  • Water Source: Public
Property / Structure Info
    Property / Structure Info
  • New Construction: No
  • Property Attached YN: false
  • Parcel Number: 41042115
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Stories Total: 2
  • Year Built: 1977
  • Year Built Source: Assessor
    Measurements / Dimensions
  • Building Area Total: 4557
  • Building Area Units: Square Feet
  • Living Area: 4557
Community/Development / Location Info
    School/Location Info
  • Zip Code: 92707
  • Street Number Numeric: 1025.0
  • Street Name: Central
  • Street Direction Prefix: W
  • Street Suffix: Avenue
  • Country: US
  • County Or Parish: Orange
  • Directions: Bristol St / Central Ave
  • Area: Santa Ana South of First (69)
    Association Information
  • Association: Yes
  • Community Features: Curbs, Sidewalks
  • Association Name: Bristol Terrace HOA
  • Association Fee: $350.00
  • Association Fee Frequency: Monthly
  • Association Phone: 714-606-7699
  • Subdivision Name: Sunwood I (SUN1)
  • Subdivision Name Other: Sunwood I (SUN1)
  • Senior Community: No
Income / Expense / Tax / Assessment Details
    Tax / Assessment Info
  • Assessments: Unknown
  • Assessments YN: Yes
  • Tax Census Tract: 740.05
  • Tax Lot: 14
  • Tax Tract Number: 9396
    Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $75,600
  • Net Operating Income: $49,840
    Expense Details
  • Electric Expense: $360
  • Fuel Expense: $1,200
  • Insurance Expense: $2,700
  • New Taxes Expense: $14,300
  • Operating Expense: $25,760
  • Other Expense: $4,200
  • Other Expense Description: HOA
  • Total Expenses: $25,760
  • Trash Expense: $0
  • Water Sewer Expense: $3,000
Unit Information
    Unit 1
  • Unit Type Actual Rent: $1,700
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 2500
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $1,700
  • Unit Type Type: 1
    Unit 2
  • Unit Type Actual Rent: $1,600
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 2000
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $1,600
  • Unit Type Type: 2
    Unit 3
  • Unit Type Actual Rent: $1,500
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 2000
  • Unit Type Units Total: 2
  • Unit Type Total Rent: $3,000
  • Unit Type Type: 3
    Multi-Unit Info
  • 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: 0
  • Number With Range: 0
  • Number With Refrigerator: 0
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
Rental Info
    Rental Info
  • Rent Controlled: No
Land/Lot Info
    Land/Lot Info
  • Land Lease: No
  • Lot Features: Level with Street, Lot 6500-9999, Near Public Transit
  • Lot Size Acres: .15
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6534
  • Lot Size Units: Square Feet
  • Sewer: Public Sewer

Property History for 1025 West Central Avenue, Unit B

DateEvent & SourcePriceAppreciation
Jun 19, 2021

Accepting Backup Offers

CLAW #OC21068332MR

Jun 19, 2021

Accepting Backup Offers

CRMLS #OC21068332

May 29, 2021

Price Change

CLAW #OC21068332MR

$1,299,000
DateEvent & SourcePrice
06/19/2021

Accepting Backup Offers

CLAW #OC21068332MR

06/19/2021

Accepting Backup Offers

CRMLS #OC21068332

05/29/2021

Price Change

CLAW #OC21068332MR

$1,299,000

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

Public Records for 1025 West Central Avenue, Unit B

Taxable ValueLand$297,863Additions$260,138Total$558,001
Tax Record2020$7,205 ($600 / month)
Home Facts
Total Finished SqFt4,557 SqFtAbove Grade Finished SqFt4,557 SqFtStyleMulti-Family Dwelling (2-4)Year Built1977CountyORANGEAPN41042115

Schools near 1025 West Central Avenue, Unit B


SchoolTypeGradesDistanceRating
Jefferson Elementary SchoolPublicK-50.4 mi
3
Saddleback High SchoolPublic7-120.4 mi
6
Washington Elementary SchoolPublicK-50.5 mi
2
Douglas MacArthur Fundamental Intermediate SchoolPublic6-80.7 mi
5

Jefferson Elementary School

K-5, 0.4 mi, Public

3

Saddleback High School

7-12, 0.4 mi, Public

6

Washington Elementary School

K-5, 0.5 mi, Public

2

Douglas MacArthur Fundamental Intermediate School

6-8, 0.7 mi, Public

5

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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All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.

Listing Courtesy of Harcourts Prime Properties, Frank Magdaleno, DRE #01374770

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association 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 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.