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$1,050,000   Price Analysis
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1812 E Adams Ave
Orange, CA 92867
5 bed 3 bath 2,820 SqFt ($372/SqFt)
8,276SqFt lot. Built 1960
Listed 2024-07-17, Taxes $3,831
Ⓧ USDA Ineligible
due to price & location

near Orange

Located in a tremendous area of Orange

* Sale Pending *

This Triplex unit will sell fast at its current price. The property consists of two units that are 2 bedrooms each with 1 bathroom. The third unit up front is a 1 bed with 1 bath unit. The property does have some deferred maintenance and we are aware of that, this is why we priced it at this great price. The tenant s have been there for ever and are all month to month right now.

The two 2 bed units are in great shape and have been kept up well by the tenants. The backyard is large enough for a possible ADU or maybe more units if the city and county permit (We do not know if you can add or not, we have not spoken to the city or county). Seller would like quick escrow. Rents are low and should be $2600 for two bedrooms and $1800 plus for a one bedroom based on area rents.


Presented by First Team Real Estate at
First Team Real Estate.


Property MLS #DW24146626 from CRMLS

Bedrooms: 5

Full Bathrooms: 3

Lot Description: Lawn, Level with Street, Lot 6500-9999, Level
Lot Size Acres: 0.1899908
Lot Size Source: Assessor
Lot Size Square Feet: 8276

Garage Spaces: 3
Parking Total: 3

Number of Units: 3
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1

Calculated Total Monthly Association Fees: 0

Tenant Pays: Electricity, Gas

Community Features: Sidewalks, Storm Drains, Street Lights

Source Listing Status: Pending
County: Orange
Source Property Type: Residential Income
Area: 75 - Orange, Orange Park Acres E of 55
Source Neighborhood: Other (OTHR)
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 1
Parcel Number: 37554204
Postal Code Plus 4: 6026
Subdivision: Other (OTHR)
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$110,660 + $180,187
$290,847
$3,831
2021$108,491 + $176,654
$285,145
$3,733
2020$107,379 + $174,843
$282,222
$3,697
2019$105,274 + $171,415
$276,689
$3,658
2018$103,210 + $168,054
$271,264
$3,604
2017$101,187 + $164,759
$265,946
$3,471
2016$99,203 + $161,529
$260,732
$3,408
2015$97,713 + $159,103
$256,816
$3,358
2014$95,799 + $155,987
$251,786
$3,287
2013$95,367 + $155,282
$250,649
$3,270
2012$93,498 + $152,237
$245,735
$3,187
2011$91,665 + $149,252
$240,917
$3,079
2010$90,980 + $148,137
$239,117
$3,012
2009$91,197 + $148,489
$239,686
$2,961
2008$89,409 + $145,578
$234,987
$2,859
2007$87,656 + $142,724
$230,380
$2,775

Listed 2024-07-17
$1,050,000
CRMLS
Sold 1985-10-24
$155,000
Public Record

Net Operating Income: 21220.00

Total Square Feet Living: 2820
Year Built: 1960
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 64
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Triplex
Year Built Source: Assessor

Sewer: Water Sewer Expense: 0.00
Water Source: Public

Handy Elementary School is a public elementary school located approximately 0.5 miles away.
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Yorba Middle School is a public middle school located approximately 0.6 miles away.
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Orange High School is a public high school located approximately 1 miles away.
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Redeemer Christian is a private elementary, middle and high school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.