1025 W Central Ave, Santa Ana, CA 92707
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1025 W Central Ave Santa Ana, CA 92707

$1,240,000 Sold Price as of 07/24/2021
  • 9 Beds
  • 8 Baths
  • 4,557 Sq.Ft.
Sold
$1,240,000 Sold Price as of 07/24/2021 Refinance Your Mortgage

Map preview of 1025 W Central Ave, Santa Ana, CA 92707

Property Overview: 1025 W Central Ave Santa Ana, CA has 9 bedrooms, 8 bathrooms, 4,557 living square feet and 6,534 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent opportunity to buy this highly desirable 4 unit income producing property with huge upside potential located in the heart of Orange County. Must see you will not find units this large anywhere at this price. One of the units is 3 bed 2 bath 1,500sqft with 2 outside patios and 2 garage spaces. The other 3 units are all 2 bed 2 bath with 1 garage space. On site laundry. 4 units with this square footage at this price will not last long. Make an offer now

Listed by Frank Magdaleno | BRE #01374770 | Harcourts Prime Properties
Last checked: 10 minutes ago | Last updated: December 8th, 2022 | Source CRMLS | DOM: 79

Home details

Lot Sq. Ft
6,534
HOA Dues
$350/mo
Year built
1977
Garage
5 Car
Property Type:
Fourplex
Status
Sold
MLS#
OC21068332
City
Santa Ana
County
Orange
Time on Site
1119 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,370
  • Total Rent: $2,370
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,910
  • Total Rent: $5,730
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $97,200
  • Net Operating Income: $71,440
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $25,760
  • Electric: $360
  • Gas/Fuel: $1,200
  • New Taxes: $14,300
  • Trash: $0
  • Insurance: $2,700
  • Water/Sewer: $3,000
  • Other Expenses: $4,200
  • Other Expense Description: HOA

Property Details for 1025 W Central Ave

Interior Features
Heating Information
  • Has Heating
  • See Remarks
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Open Floorplan
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Features: Level with Street, Lot 6500-9999, Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 41042115
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Bristol Terrace HOA
  • Association Fee: $350 (Monthly)
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Sunwood I (SUN1)
  • Directions: Bristol St / Central Ave
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

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Sale History for 1025 W Central Ave

Last leased for $2,700 on December 7th, 2022
  • December, 2022

  • Dec 7, 2022

    Date

    Leased

    CRMLS: MB22240207

    $2,700

    Price

  • Nov 12, 2022

    Date

    Active

    CRMLS: MB22240207

    $2,600

    Price

  • Listing provided courtesy of CRMLS

    Welcome to your new 2-bedroom, 2-bath FULLY-REMODELED, SOUTH COAST ADJACENT apartment home. Step into the endless living room with vaulted ceilings and recessed lighting. If your feet aren't tired; step into the kitchen nook then to the kitchen. Your kitchen boasts contemporary mocha cabinets with a faux white marble backsplash. Low-maintenance floors are a combination of tile and laminate. The hallway leading to your bedrooms takes up empty wall space by providing an abundance of storage options. The SPACIOUS MASTER SUITE and secondary bedroom provide the right amount of natural light as well as lots of closet space, contemporary ceiling-fans and a vanity (in the master). Surrounded by the 5, 55 and 405 freeways, your new home is a commuter’s dream come true. You're minutes away from Orange County's primary employment hubs, education, transportation, sports, dining, recreation and entertainment including John Wayne Airport, Orange Coast College, South Coast Plaza, Angel Stadium, etc, etc......

  • November, 2022

  • Nov 16, 2022

    Date

    Canceled

    CRMLS: OC22206771

    $1,585,000

    Price

  • Sep 21, 2022

    Date

    Active

    CRMLS: OC22206771

    $1,585,000

    Price

  • Listing provided courtesy of CRMLS

    1025 West Central Avenue is a 4-unit multifamily investment property located in Santa Ana, CA. Built in 1977, 1025 West Central Avenue offers a desirable mix of two and three-bedroom floor plans with amenities including private patios or balconies (select units), garage parking, common area parking spaces, and on-site laundry. Tenants pay for water, gas, and electric. HOA covers: trash, landscape, and outside water. 1025 West Central Avenue has an excellent Santa Ana location just north of the South Coast Metro and is within the Sunwood Central neighborhood. The property is a few blocks from the bustling retail corridor along South Bristol Street, which includes major neighborhood centers such as Bristol Plaza, Bristol Place, Metro Town Square, and Bristol Center, providing residents with easy access to everyday needs. Additionally, the subject is within 1.50 miles of South Coast Plaza, the premier shopping destination in Orange County. 1025 West Central Avenue is conveniently located within 0.65 miles of all three levels of schooling including Washington Elementary School, McFadden Fundamental Intermediate School, and Saddleback High School. The property benefits from its close proximity to State Route 55 and Interstate 405, connecting residents to regional employment hubs throughout Orange and Los Angeles Counties.

  • July, 2021

  • Jul 25, 2021

    Date

    Sold

    CRMLS: OC21068332

    $1,240,000

    Price

  • Jun 20, 2021

    Date

    Active Under Contract

    CRMLS: OC21068332

    $1,299,000

    Price

  • May 30, 2021

    Date

    Price Change

    CRMLS: OC21068332

    $1,299,000

    Price

  • May 30, 2021

    Date

    Active

    CRMLS: OC21068332

    $1,350,000

    Price

  • May 24, 2021

    Date

    Active Under Contract

    CRMLS: OC21068332

    $1,350,000

    Price

  • Apr 1, 2021

    Date

    Active

    CRMLS: OC21068332

    $1,350,000

    Price

  • September, 2019

  • Sep 3, 2019

    Date

    Expired

    CRMLS: MB19050649

    $1,350,000

    Price

  • Aug 26, 2019

    Date

    Withdrawn

    CRMLS: MB19050649

    $1,350,000

    Price

  • Jun 14, 2019

    Date

    Price Change

    CRMLS: MB19050649

    $1,350,000

    Price

  • Mar 6, 2019

    Date

    Active

    CRMLS: MB19050649

    $1,250,000

    Price

  • Listing provided courtesy of CRMLS

    GREAT OPPORTUNITY FOR A FIRST TIME HOMEBUYER. LIVE IN ONE AND RENT THE OTHERS! PROPERTY IS 4 UNITS, and ONE UNIT IS A 3BED 2BATH, UNITS# B-D ARE ALL 2BED 2BATH EACH. 2 STORY, 6 CAR GARAGES. A MUST SEE. RENTS ARE INCREASING, AND THIS AREA OF SANTA ANA IS GOING THRU GENTRIFICATION. 1 MILE AWAY FROM THE ELITE MATER DEI HIGH SCHOOL. AND 2 MILES AWAY FROM SOUTH COAST PLAZA. A MUST SEE THESE UNITS ARE HUGE. YOU WILL NOT FIND 4 UNITS THIS SIZE ANYWHERE ELSE.

  • June, 2001

  • Jun 29, 2001

    Date

    Sold (Public Records)

    Public Records

    $405,000

    Price

Show More

Tax History for 1025 W Central Ave

Assessed Value (2020): $540,781
Year Land Value Improved Value Assessed Value
2020 $292,022 $248,759 $540,781

Home Value Compared to the Market

This property vs the competition

1025 W Central Ave sold on July 24, 2021 for 73.2% higher than the current median sold price for the city of Santa Ana which is $750,000. The median sold price per/sqft for Santa Ana is $561 and this home is sold at $285.06 per/sqft which puts the price per square foot 49.19% lower than the current median sale per square foot for the city of Santa Ana.

About 1025 W Central Ave

Detailed summary of property

1025 W Central Ave is a fourplex that recently sold in Santa Ana, CA 92707. This fourplex offered 9 bedrooms, 8 bathrooms, roughly 4,557 living square feet, and sits on an approximately 6,534 square foot lot. 1025 W Central Ave was first listed on ArdentRealEstateGroup.com on April 1, 2021. The homeowner sold the property for $1,240,000. Home in Santa Ana are selling for a median price of $750,000 and a median price per square foot of $561. Based on Ardent Real Estate Group's Santa Ana Market Data, this home is sold 73.2% higher than the current median priced home. Local homes that are currently for sale include 225 S Main St, 607 N Harbor Blvd and 1600 Picadilly Way. This home does have a Homeowners Association and the monthly fee is $350 per month. While the average home in Santa Ana, CA is selling in 47 days, 1025 W Central Ave has a days on market of 79 days. There are currently 228 homes for sale in the Santa Ana real estate market and 126 of them are single family homes while 92 of them are condos and 9 are townhomes. For more information on this home for sale at 1025 W Central Ave Santa Ana, CA 92707 contact Ardent Real Estate Group and we will put you in touch with one of our Santa Ana agents.

Public Facts for 1025 W Central Ave

Public county record property details
Beds
--
Baths
--
Year built
1977
Sq. Ft.
4,557
Lot Size
6,588
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
14
APN
410-421-15

The source for these homes facts are from public records.

92707 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$610,000
Median List Price/Sq.Ft.
$615
Median Sold Price
$625,000
Median Sold Price/Sq.Ft.
$558
Total Inventory
40
Median Sale to List Price %
100%
Avg Days on Market
16
Loan Type
Conventional (87.5%), FHA (12.5%), VA (0%), Cash (0%), Other (0%)

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Related Resources to 1025 W Central Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.