12702 Morningside Avenue
12702 Morningside Avenue
Description
- Listed by Mark Bridge • DRE #01316702 • Brokerage DRE #01316702 • Mark Bridge, Broker • Mark.Bridge@cushwake.com
Property Details for 12702 Morningside Avenue
Location
Property Details for 12702 Morningside Avenue
| Status | Active |
|---|---|
| MLS # | OC24036686 |
| Days on Market | 65 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1961 |
| County | Orange County |
Location
Building Information for 12702 Morningside Avenue
Payment Calculator
$17,405 per month
30 year fixed, 7.25% Interest
$15,062
$2,343
$0
Property Information for 12702 Morningside Avenue
- Tenant Pays: Cable TV, Electricity
- Gross Income: $201,600
- Gross Scheduled Income: $201,600
- Gross Spendable Income: $137,863
- Vacancy Allowance: 6084
- Vacancy Allowance Rate: 3
- Gross Operating Income: $197,952
- Net Operating Income: $137,863
- Laundry Income: $2,400
- Gross Multiplier: 13.69
- Cap Rate: 5.0
- Current Financing: None
- Operating Expense: $60,089
- Operating Expense Percent: 30.40%
- New Taxes Expense: $32,568
- Gardener Expense: $1,800
- Fuel Expense: $4,060
- Pest Control Expense: $600
- Security Expense: $696
- Electric Expense: $2,400
- Insurance Expense: $3,959
- Maintenance Expense: $4,000
- Professional Management Expense: $0
- Other Expense: $3,718
- Other Expense Description: Misc
- Trash Expense: $3,996
- Water Sewer Expense: $3,792
- Total Expenses: $60,089
- Tax Tract Number: 3337
- Tax Census Tract: 891.04
- CFD/Mello-Roos Fee: $2,218
- Tax Lot: 85
- Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
- Interior Features: Quartz Counters
- Laundry: Yes
- Laundry Features: Community
- Laundry Equipment Own Lease: Lease
- Fireplace Features: None
- Fireplace Rooms: None
- Cooling: Wall/Window Unit(s)
- Heating Type: Wall
- Heating: Wall Furnace
- Window Features: Double Pane Windows
- Roof: Composition
- Entry Location: Front
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Spa Features: None
- Lot Features: 6-10 Units/Acre
- Number Of Units: 8
- Land Lease: No
- Land Lease Type: Fee
- Road Surface Type: Paved
- Levels: Two
- Water: Public
- Sewer: Public Sewer
- Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
- Electric: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
- Water Source: Public
- Garage Spaces: 3
- Parking: Yes
- Parking Garage: Assigned, Garage
- Uncovered Spaces: 1
- Open Other Spaces Total: 1
- Parking Garage Spaces: 3
- Carport Spaces: 7
- Parking Features: Assigned, Garage
- Builders Tract Name: Other
- Builders Tract Code: Other (OTHR)
- Unit Type Units Total: 4
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,875
- Unit Type Total Rent: $7,500
- Unit Type Pro Forma: 7980
- Unit Type Type: 1
- Unit Type Units Total: 4
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $2,325
- Unit Type Total Rent: $9,300
- Unit Type Pro Forma: 10000
- Unit Type Type: 2
- Rent Controlled: No
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 9
- Number Of Separate Gas Meters: 1
- Number Of Separate Water Meters: 1
- Number With Range: 8
- Number With Disposal: 8
- Number Wall AC: 8
Property History for 12702 Morningside Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 12702 Morningside Avenue
Schools near 12702 Morningside Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 6 |
Rating | School | Distance |
|---|---|---|
Dwight D. Eisenhower Elementary School PublicK to 6 | ||
Leroy L. Doig Intermediate School Public7 to 8 | ||
Santiago High School Public9 to 12 | ||
James Monroe Elementary School PublicK to 6 |
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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Listing Courtesy of Mark Bridge, Broker, Mark Bridge, DRE #01316702
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.