262 North Grand Street

Orange, CA 92866

$1,249,000
Price
$1,249,000
Price
3
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.

Property Details

StatusActive
MLS #PW19114833
Year Built1935
DOM6
Compass TypeTownhouse
MLS TypeResidential Income
Lot Size0.15 AC / 6,425 SF
Taxes-
Condo/Co-op Fees-
HOA Fees-
CountyOrange County

Listed By

Albert Ricci

Ricci Realty

AlRicci@RicciRealty.com

M: 714.231.6058

Contact Agent(s)

Property Details

Architectural Style
See Remarks
View
Neighborhood
Parking Spaces Total
1
Private Pool
No
Cooling Type
Central Air

Description

Vintage 1935 one of a kind home in old towne. Steps to chapman university and a few blocks to the historic plaza, this is "beachfront" property in old towne! A rare two on a lot, the rear house is believed to be historic, a one bedroom studio with an attached one car garage with laundry area. A vintage kitchen, bath and large studio, the house sits in a tranquil park-like rear yard. The front house is a majestic 2 story with a full basement. The original oak hardwood floors, classic moldings, doors...

Location

Listing Courtesy of Ricci Realty, Albert Ricci, BRE #01011606

Listed By

Albert Ricci

Ricci Realty

AlRicci@RicciRealty.com

M: 714.231.6058

Building Information

Stories2Residences-Year Built1935Building Size-Lot Size0.15 AC / 6,425 SF

Payment Calculator

$5,033 per month

30 year fixed, 4.45% Interest

Principal and Interest

$5,033

Property Taxes

HOA Dues

$0

Property Information for 262 North Grand Street

Property Features
    Interior Features
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Water Line to Refrigerator
  • Common Walls: No Common Walls
  • Flooring Type: Wood
  • Heating Type: Central
  • Interior Features: Balcony, Built-in Features, Copper Plumbing Full, Storage, Wired for Data
  • Laundry: Yes
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Levels: Three Or More
  • Room Type: Basement, Main Floor Bedroom
  • View: Yes
    Exterior Features
  • Door Features: French Doors, Panel Doors
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Wood
  • Other Structures: Gazebo, Two On A Lot
  • Pool Features: None
  • Roof: Composition
  • Spa: No
  • Spa Features: None
    Parking Info
  • Garage Spaces: 1
    Green Info
  • Walk Score: 86
    Water Details
  • Water Source: Public
Property / Structure Info
    Property / Structure Info
  • Construction Materials: Stucco, Wood Siding
  • Direction Faces: East
  • Entry Level: 1
  • Entry Location: Ground Level With Steps
  • New Construction: No
  • Parcel Number: 03924221
  • Property Attached: No
  • Property Condition: Termite Clearance, Turnkey, Updated/Remodeled
  • Property Type: Residential Income
  • Stories Total: 2
  • Year Built: 1935
  • Year Built Source: Other
    Measurements / Dimensions
  • Building Area Total: 1384
  • Building Area Units: Square Feet
Community/Development / Location Info
    School/Location Info
  • County Or Parish: Orange
  • Directions: East on Chapman from the Plaza, Left on Grand
  • MLS Area Major: Orange & Garden Grove, E of Harbor, N of 22 Fwy (72)
    Association Information
  • Association: No
  • Community Features: Sidewalks, Street Lights
  • Subdivision Name: Other (OTHR)
  • Subdivision Name Other: OLD TOWNE
  • Senior Community: No
Income / Expense / Tax / Assessment Details
    Tax / Assessment Info
  • Assessments: None
  • Assessments: No
  • Current Financing: Conventional
  • Tax Lot: 44
  • Tax Tract: OLD TOWNE
  • Tax Tract Number: 762
  • Tax Annual Amount: $10,456
  • Taxes Percent: 1.10%
  • Tax Year: 2018
    Income Details
  • Gross Income: $55,020
  • Gross Operating Income: $54,855
  • Gross Scheduled Income: $55,020
  • Net Operating Income: $35,656
  • Vacancy Allowance: 165
  • Vacancy Allowance Rate: 3
    Expense Details
  • Insurance Expense: $1,600
  • Licenses Expense: $108
  • New Taxes Expense: $13,625
  • Operating Expense: $19,199
  • Operating Expense Percent: 35.00%
  • Professional Management Expense: $1,200
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Supplies Expense: $514
  • Total Expenses: $19,199
  • Trash Expense: $432
  • Utilities: See Remarks, Sewer Available
  • Water Sewer Expense: $520
  • Gardener Expense: $1,200
Unit Information
    Unit 1
  • Unit Type Actual Rent: $3,090
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 3500
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $3,090
  • Unit Type Type: 1
    Unit 2
  • Unit Type Actual Rent: $1,495
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 1495
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $1,495
  • Unit Type Type: 2
    Multi-Unit Info
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Wall AC: 1
  • Number With Carpet: 1
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • 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
  • Average Studio Area: 400
  • Average 3 Bed Area: 1384
Rental Info
    Rental Info
  • Rent Controlled: No
  • Tenant Pays: Electricity, Gas
  • Total Actual Rent: $4,495
Land/Lot Info
    Land/Lot Info
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Sprinkler System
  • Lot Size Acres: .15
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6425
  • Lot Size Units: Square Feet
  • Sewer: Public Sewer

Property History for 262 North Grand Street

DateEvent & SourcePriceAppreciation
May 16, 2019Listed (Active)

CRMLS #PW19114833

$1,249,000
Feb 5, 2018Sold (Public Records)

Public Record #615411014

$1,080,000

+7.3% / yr

Feb 5, 2018Sold

CRMLS #PW18027593

$1,080,000
DateEvent & SourcePrice
05/16/2019
Listed (Active)

CRMLS #PW19114833

$1,249,000
02/05/2018
Sold (Public Records)

Public Record #615411014

$1,080,000

+7.3% / yr

02/05/2018
Sold

CRMLS #PW18027593

$1,080,000

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

Public Records

Taxable ValueLand$878,291Additions$62,840Total$941,131
Tax Record2018$10,456
Home Facts
Beds4Finished Sq.Ft.1,381 SqFtStyleSingle Family ResidenceYear Built1942CountyORANGEAPN03924221

Schools in Orange, CA

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
St. John's Lutheran SchoolPrivatePK-80.3 mi
NR
Cambridge Elementary SchoolPublicK-60.5 mi
3
Orange High SchoolPublic9-120.5 mi
5
Richland Continuation High SchoolPublic9-120.5 mi
NR

St. John's Lutheran School

PK-8, 0.3 mi, Private

NR

Cambridge Elementary School

K-6, 0.5 mi, Public

3

Orange High School

9-12, 0.5 mi, Public

5

Richland Continuation High School

9-12, 0.5 mi, Public

NR

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.

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 Ricci Realty, Albert Ricci, BRE #01011606
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