1025 West Central Avenue, Unit B

Santa Ana, CA 92707

$1,240,000
Last Sold Price
5
Beds
8
Baths
4,557 Sq. Ft.
$272 / Sq. Ft.
4,557
Sq. Ft.
$272
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. 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 nowExcellent 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. 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
  1. Listed by Frank Magdaleno • DRE #01374770 • Brokerage DRE #01446803 • Harcourts Prime Properties

Property Details for 1025 West Central Avenue, Unit B

Parking Spaces Total
5
Private Pool
No
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4557
Assessor Parcel Number
410-421-15
Property Attached YN
false

Location

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

Sold By Harcourts Prime Properties, Frank Magdaleno, DRE #01374770

Add your commute
LISTING UPDATED: 07/25/2021 06:07 AM

Property Details for 1025 West Central Avenue, Unit B

StatusClosed
MLS #OC21068332
Days on Market79
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

Location

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

Sold By Harcourts Prime Properties, Frank Magdaleno, DRE #01374770

Add your commute

Building Information for 1025 West Central Avenue, Unit B

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

Payment Calculator

$7,717 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,767

Property Taxes

$600

HOA Dues

$350

The Payment Calculator is for illustrative purposes only.

Property Information for 1025 West Central Avenue, Unit B

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $97,200
  • Net Operating Income: $71,440
  • Financing: Conventional
Expense Details
  • Operating Expense: $25,760
  • New Taxes Expense: $14,300
  • Fuel Expense: $1,200
  • Electric Expense: $360
  • Insurance Expense: $2,700
  • Other Expense: $4,200
  • Other Expense Description: HOA
  • Trash Expense: $0
  • Water Sewer Expense: $3,000
  • Total Expenses: $25,760
Tax / Assessment Info
  • Tax Tract Number: 9396
  • Tax Census Tract: 740.05
  • Tax Lot: 14
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks
  • Complex Name: Bristol Terrace HOA
  • Association Name: Bristol Terrace HOA
  • Association Phone: 714-606-7699
Property / Structure Info
Interior Features
  • Interior Features: Open Floorplan
  • Laundry: Yes
  • Laundry Features: Community
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Heating Type: Other
  • Heating: See Remarks
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: Level with Street, Lot 6500-9999, Near Public Transit
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 5
  • Carport Spaces: 0
  • Parking Features: Garage
Property / Structure Info
  • Builders Tract Name: Sunwood I
  • Builders Tract Code: Sunwood I (SUN1)
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: No
  • Unit Type Actual Rent: $2,370
  • Unit Type Total Rent: $2,370
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,910
  • Unit Type Total Rent: $5,730
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit Information
  • 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: 0
  • Number With Range: 0
  • Number With Refrigerator: 0

Property History for 1025 West Central Avenue, Unit B

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

This home is within Santa Ana Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 7 to 12
Public - K to 5
Rating
School
Distance
Washington Elementary School
PublicK to 5

Mcfadden Intermediate School
Public6 to 8

Saddleback High School
Public7 to 12

Jefferson Elementary School
PublicK to 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.

Similar Homes

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Similar Sold Homes

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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

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, 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.