340 North Clark Street

Orange, CA 92868

$746,000
Last Sold Price
4
Beds
2
Baths
1,800 Sq. Ft.
$414 / Sq. Ft.
1,800
Sq. Ft.
$414
per Sq. Ft.

Description

Great upportunitly to purchase a duplex each unit with a two bedroom one bathroom in city of orange, close to college and near historical circle. Each unit with a single car garage, washer & dryer hookup, and a private large back yardGreat upportunitly to purchase a duplex each unit with a two bedroom one bathroom in city of orange, close to college and near historical circle. Each unit with a single car garage, washer & dryer hookup, and a private large back yard
  1. Listed by Tom Mashhood • DRE #00908452 • Tom and Associates

Property Details for 340 North Clark Street

Architectural Style
Bungalow
Parking Spaces Total
4
Private Pool
No
Cooling Type
Wall/Window Unit(s)
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
1800

Location

Listing Courtesy of Tom and Associates, Tom Mashhood, DRE #00908452

Sold By RE/MAX TerraSol, Sam Beshara, DRE #02094495

Add your commute
LISTING UPDATED: 04/20/2021 12:52 AM

Property Details for 340 North Clark Street

StatusClosed
MLS #PW21001752
Days on Market59
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1961
Lot Size0.17 AC / 7,405 SF
CountyOrange County

Location

Listing Courtesy of Tom and Associates, Tom Mashhood, DRE #00908452

Sold By RE/MAX TerraSol, Sam Beshara, DRE #02094495

Add your commute

Building Information for 340 North Clark Street

Stories1Residences-Year Built1961Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$4,797 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,071

Property Taxes

$726

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 340 North Clark Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, Security
Income / Expense / Tax Details
Income Details
  • Gross Income: $43,500
  • Gross Scheduled Income: $43,500
  • Vacancy Allowance: 1300
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $42,200
  • Net Operating Income: $31,700
  • Gross Multiplier: 17.2
  • Cap Rate: 4.2
  • Financing: Cash To Existing Loan
Expense Details
  • Operating Expense: $10,500
  • Operating Expense Percent: 25.00%
  • New Taxes Expense: $9,000
  • Gardener Expense: $1,200
  • Licenses Expense: $50
  • Insurance Expense: $1,050
  • Trash Expense: $1,040
  • Water Sewer Expense: $825
  • Total Expenses: $13,165
Tax / Assessment Info
  • Tax Tract Number: 667
  • Tax Census Tract: 759.01
  • Tax Lot: 28
Community / Development
Community / Development
  • Accessibility Features: 32 Inch Or More Wide Doors, No Interior Steps, Parking
  • Disability Access: 32 inch or more wide doors, No Interior Steps, Other Main Level Modifications
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Appliances: Gas Range, Gas Water Heater, Water Heater
  • Equipment: Garage, Gas Or Electric Dryer Hookup, In Kitchen
  • Interior Features: Open Floorplan
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Bedroom Features: All Bedrooms Down
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage, In Kitchen
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall Furnace
  • Heating: Wall Furnace
  • Flooring Type: Carpet, Tile
  • Flooring: Carpet, Tile
Exterior Features
  • Window Features: Atrium, Screens
  • Construction Materials: Drywall Walls
  • Roof: Composition
  • Fence: Yes
  • Fencing: Block
  • Foundation Details: Concrete Perimeter, Slab
  • Foundation Details: Concrete Perimeter, Slab
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
  • Spa: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Lot 6500-9999, Near Public Transit, Sprinklers None
  • Direction Faces: East
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: City Street
  • Levels: One
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Connected
  • Electric: Electricity - On Property, Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,625
  • Unit Type Total Rent: $43,500
  • Unit Type Pro Forma: 48000
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 0
  • Number With Range: 2
  • Number With Refrigerator: 0
  • Number With Carpet: 2
  • Number With Disposal: 2
  • Number With Drapes: 2
  • Number With Patio: 0
  • Number Wall AC: 2

Property History for 340 North Clark Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 340 North Clark Street

Taxable ValueLand$703,518Additions$72,620Total$776,138
Tax Record2023$8,714 ($726 / month)
Home Facts
Beds2Total Finished SqFt900 SqFtAbove Grade Finished SqFt900 SqFtStories1Lot Size7,214 SqFtStyleSingle Family ResidenceYear Built1961CountyORANGEAPN386-441-13

Schools near 340 North Clark Street

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
Sycamore Elementary School
PublicK to 6

Portola 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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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 Tom and Associates, Tom Mashhood, DRE #00908452

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.