1026 North Shattuck Place

Orange, CA 92867

$2,025,000
Price
2
Beds
8
Baths
3,552 Sq. Ft.
$570 / Sq. Ft.
3,552
Sq. Ft.
$570
per Sq. Ft.

Description

1026 North Shattuck Place is a 4-unit multifamily investment property located in Orange, California. Built in 1963, 1026 North Shattuck Place features 4, two-bedroom / two-bath units each measuring appropriately 888 square feet. The property features highly desirable single-story construction with four garage spaces. 1026 North Shattuck Place is situated in close proximity to an abundance of attractive area amenities. Neighborhood retail centers including Tuskatella Center to the north and Palm Center,...1026 North Shattuck Place is a 4-unit multifamily investment property located in Orange, California. Built in 1963, 1026 North Shattuck Place features 4, two-bedroom / two-bath units each measuring appropriately 888 square feet. The property features highly desirable single-story construction with four garage spaces. 1026 North Shattuck Place is situated in close proximity to an abundance of attractive area amenities. Neighborhood retail centers including Tuskatella Center to the north and Palm Center, within walking distance to the south, offer residents convenient access to their everyday needs. The property is located just over one-mile from Chapman University, a major economic and housing driver for the city. Furthermore, residents enjoy easy access to the abundance of retail, dining, and entertainment options in Old Towne Orange. 1026 North Shattuck Place provides residents with easy access to State Route 55, connecting residents to employment hubs throughout Orange County.
  1. Listed by Tyler Leeson • DRE #01451551 • Brokerage DRE #00530854 • Marcus & Millichap RE Invest • 714-713-9086

Property Details for 1026 North Shattuck Place

Parking Spaces Total
4
Private Pool
No
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3552
Assessor Parcel Number
375-511-22
Property Attached YN
false

Location

Listing Courtesy of Marcus & Millichap RE Invest, Tyler Leeson, DRE #01451551
Add your commute
LISTING UPDATED: 03/12/2024 08:44 AM

Property Details for 1026 North Shattuck Place

StatusActive
MLS #OC24050289
Days on Market47
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
CountyOrange County

Location

Listing Courtesy of Marcus & Millichap RE Invest, Tyler Leeson, DRE #01451551
Add your commute

Building Information for 1026 North Shattuck Place

Building/Complex1026 N Shattuck PlFloor-Stories1Residences-Pet Policy-Year Built1963Building Size-

Payment Calculator

$12,386 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,051

Property Taxes

$1,335

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1026 North Shattuck Place

Income / Expense / Tax Details
Income Details
  • Gross Income: $124,356
  • Gross Scheduled Income: $124,356
  • Vacancy Allowance: 3731
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $120,625
  • Net Operating Income: $84,966
  • Gross Multiplier: 16.28
  • Cap Rate: 4.2
Expense Details
  • Operating Expense: $35,659
  • Operating Expense Percent: 29.60%
  • New Taxes Expense: $21,374
  • Fuel Expense: $1,287
  • Electric Expense: $1,287
  • Insurance Expense: $2,000
  • Maintenance Expense: $2,800
  • Other Expense: $4,337
  • Other Expense Description: Misc
  • Trash Expense: $1,287
  • Water Sewer Expense: $1,287
  • Total Expenses: $35,659
Tax / Assessment Info
  • Tax Tract Number: 3053
  • Tax Census Tract: 762.06
  • CFD/Mello-Roos Fee: $1,037
  • Tax Lot: 13
Community / Development
Community / Development
  • Community Features: Curbs, Gutters, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: First level
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Level with Street
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 4
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $10,363
  • Unit Type Total Rent: $10,363
  • Unit Type Pro Forma: 11200
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 1026 North Shattuck Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1026 North Shattuck Place

Taxable ValueLand$1,051,179Additions$367,911Total$1,419,090
Tax Record2023$16,015 ($1,335 / month)
Home Facts
Total Finished SqFt3,552 SqFtAbove Grade Finished SqFt3,552 SqFtStories2Lot Size7,501 SqFtStyleQuadraplexYear Built1963CountyORANGEAPN375-511-22

Schools near 1026 North Shattuck Place

This home is within Orange Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
California Elementary School
PublicK to 6

Yorba Middle School
Public6 to 8

Orange 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.

Similar Homes

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1026 North Shattuck Place is a multi-family home for sale in Orange, CA 92867. This property was listed for sale on March 12, 2024 by Marcus & Millichap RE Invest, it's currently listed at $2,025,000. It has been on the market for a total of 47 days and was last sold on June 28, 2018. This listing's school district is Orange Unified School District. Nearby schools include California Elementary School, Yorba Middle School and Orange High School. 1026 North Shattuck Place is a 2-bed, 8-bath, 3,552 sqft multi-family home built in 1963.

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 Marcus & Millichap RE Invest, Tyler Leeson, DRE #01451551

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.