1409 West Lingan Lane
1409 West Lingan Lane
Description
- Listed by Tyler Leeson • DRE #01451551 • Brokerage DRE #00530854 • Marcus & Millichap RE Invest • 714-713-9086
Property Details for 1409 West Lingan Lane
Location
Property Details for 1409 West Lingan Lane
| Status | Active |
|---|---|
| MLS # | OC24027408 |
| Days on Market | 80 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1959 |
| County | Orange County |
Location
Building Information for 1409 West Lingan Lane
Payment Calculator
$20,197 per month
30 year fixed, 7.25% Interest
$17,191
$3,006
$0
Property Information for 1409 West Lingan Lane
- Gross Income: $249,703
- Gross Scheduled Income: $246,103
- Vacancy Allowance: 7383
- Vacancy Allowance Rate: 3
- Gross Operating Income: $238,720
- Net Operating Income: $173,141
- Other Income Description: Misc
- Other Income 1: $3,600
- Gross Multiplier: 12.61
- Cap Rate: 5.5
- Operating Expense: $69,179
- Operating Expense Percent: 28.50%
- New Taxes Expense: $35,285
- Fuel Expense: $4,400
- Electric Expense: $1,820
- Insurance Expense: $5,868
- Maintenance Expense: $6,600
- Professional Management Expense: $0
- Other Expense: $7,834
- Other Expense Description: Misc
- Trash Expense: $3,686
- Water Sewer Expense: $3,686
- Total Expenses: $69,179
- Tax Tract Number: 3245
- Tax Census Tract: 747.02
- CFD/Mello-Roos Fee: $2,734
- Tax Lot: 4
- Community Features: Curbs, Gutters, Sidewalks
- Laundry: Yes
- Laundry Features: Community
- Entry Location: First level
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Lot Features: Level with Street
- Number Of Units: 11
- Land Lease: No
- Land Lease Type: Fee
- Topography: Level
- Levels: Two
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 11
- Parking Garage Spaces: 11
- Carport Spaces: 0
- Unit Type Units Total: 2
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 2
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $3,122
- Unit Type Total Rent: $3,122
- Unit Type Pro Forma: 3790
- Unit Type Type: 1
- Unit Type Units Total: 9
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 9
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $17,386
- Unit Type Total Rent: $17,386
- Unit Type Pro Forma: 21555
- Unit Type Type: 2
- Rent Controlled: Yes
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 11
- Number Of Separate Gas Meters: 11
- Number Of Separate Water Meters: 1
Property History for 1409 West Lingan Lane
| 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 1409 West Lingan Lane
Schools near 1409 West Lingan Lane
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 8 |
Rating | School | Distance |
|---|---|---|
Martin Luther King Jr. Elementary School PublicK to 5 | ||
Gerald P. Carr Intermediate School Public6 to 8 | ||
Valley High School Public9 to 12 | ||
El Sol Santa Ana Science And Arts Academy CharterK to 8 |
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 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.