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1026 N Shattuck Pl, Orange, CA 92867
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1026 N Shattuck Pl Orange, CA 92867

$2,025,000
  • 8 Beds
  • 8 Baths
  • 3,552 Sq.Ft.
For Sale
$2,025,000 Get Pre-Qualified
Map preview of 1026 N Shattuck Pl, Orange, CA 92867

Property Overview: 1026 N Shattuck Pl Orange, CA has 8 bedrooms, 8 bathrooms, 3,552 living square feet and 7,405 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 1026 North Shattuck Place is a 4-unit multifamily investment property located in Orange, California. Built in 1963, 1026 North Shattuck Place features 4, two-bedroom / two-bath units each measuring appropriately 888 square feet. The property features highly desirable single-story construction with four garage spaces. 1026 North Shattuck Place is situated in close proximity to an abundance of attractive area amenities. Neighborhood retail centers including Tuskatella Center to the north and Palm Center, within walking distance to the south, offer residents convenient access to their everyday needs. The property is located just over one-mile from Chapman University, a major economic and housing driver for the city. Furthermore, residents enjoy easy access to the abundance of retail, dining, and entertainment options in Old Towne Orange. 1026 North Shattuck Place provides residents with easy access to State Route 55, connecting residents to employment hubs throughout Orange County.

Listed by Tyler Leeson | BRE #01451551 | Marcus & Millichap RE Invest
Last checked: 7 minutes ago | Last updated: March 13th, 2024 | Source CRMLS | DOM: 39
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Home details

Lot Sq. Ft
7,405
HOA Dues
$0/mo
Year built
1963
Garage
4 Car
Property Type:
Apartment
Status
Active
MLS#
OC24050289
City
Orange
County
Orange
Time on Site
49 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $10,363
  • Total Rent: $10,363
  • Pro Forma/Market Rent: $11,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.2%
  • Gross Rent Multiplier: 16.28
  • Gross Scheduled Income: $124,356
  • Net Operating Income: $84,966
  • Gross Operating Income: $120,625
  • Vacancy Allowance: $3,731
Annual Expense Breakdown
  • Total Operating Expense: $35,659
  • Electric: $1,287
  • Gas/Fuel: $1,287
  • New Taxes: $21,374
  • Trash: $1,287
  • Insurance: $2,000
  • Maintenance: $2,800
  • Water/Sewer: $1,287
  • Other Expenses: $4,337
  • Other Expense Description: Misc

Open Houses for 1026 N Shattuck Pl

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Property Details for 1026 N Shattuck Pl

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 37551122
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Cross Streets of North Shattuck Place & East Locust Avenue
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks
View more facts & features

Local Orange Agent

Sale History for 1026 N Shattuck Pl

Last sold for $1,350,000 on January 23rd, 2020

  • March, 2024

  • Mar 12, 2024

    Date

    Active

    CRMLS: OC24050289

    $2,025,000

    Price

  • December, 2023

  • Dec 26, 2023

    Date

    Canceled

    CRMLS: SR23133640

    $1,997,000

    Price

  • Jul 19, 2023

    Date

    Active

    CRMLS: SR23133640

    $1,997,000

    Price

  • Listing provided courtesy of CRMLS

    4Plex 2 Bed and 2 Bath with garage parking, On-Site Laundry on a very desirable rental area of Orange, single story building.

  • January, 2020

  • Jan 23, 2020

    Date

    Sold

    CRMLS: DW20006228

    $1,300,000

    Price

  • Jan 17, 2020

    Date

    Pending

    CRMLS: DW20006228

    $1,350,000

    Price

  • Jan 13, 2020

    Date

    Active

    CRMLS: DW20006228

    $1,350,000

    Price

  • Listing provided courtesy of CRMLS

    5.4% Cap!!!! Great income opportunity, 4 units remodeled, new floors, new painting, new kitchen cabinets, etc...Don't miss it please bring a Buyer...

  • January, 2020

  • Jan 23, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,350,000

    Price

  • January, 2020

  • Jan 6, 2020

    Date

    Canceled

    CRMLS: DW19169862

    $1,350,000

    Price

  • Jul 17, 2019

    Date

    Active

    CRMLS: DW19169862

    $1,350,000

    Price

  • Listing provided courtesy of CRMLS

    5.4% CAP!!! Great Income Opportunity, 4 units, totally remodeled , new floors, new painting, new kitchen cabinets, etc....Don't miss it please bring your Buyer....

  • August, 2019

  • Aug 15, 2019

    Date

    Leased

    CRMLS: DW19114430

    $2,000

    Price

  • Jul 17, 2019

    Date

    Active

    CRMLS: DW19114430

    $2,000

    Price

  • Listing provided courtesy of CRMLS

    Beautiful unit 2 beds and 2 bath for lease, please come see it to appreciated....

  • July, 2019

  • Jul 9, 2019

    Date

    Canceled

    CRMLS: DW19067339

    $1,300,000

    Price

  • Apr 12, 2019

    Date

    Active

    CRMLS: DW19067339

    $1,300,000

    Price

  • Listing provided courtesy of CRMLS

    This a great opportunity to purchase income property in Orange County, this 4-plex has a great Cap Rate 5.63. 2 beds and 2 bath each unit, low maintenance cost. Don't let this opportunity go...

  • December, 2018

  • Dec 15, 2018

    Date

    Sold

    CRMLS: OC18237709

    $1,020,000

    Price

  • Dec 9, 2018

    Date

    Pending

    CRMLS: OC18237709

    $1,100,000

    Price

  • Nov 14, 2018

    Date

    Active Under Contract

    CRMLS: OC18237709

    $1,100,000

    Price

  • Nov 6, 2018

    Date

    Active

    CRMLS: OC18237709

    $1,100,000

    Price

  • Oct 4, 2018

    Date

    Active Under Contract

    CRMLS: OC18237709

    $1,100,000

    Price

  • Sep 29, 2018

    Date

    Active

    CRMLS: OC18237709

    $1,100,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity to purchase income property in Orange less than a mile from Chapman University. This 4-Plex features; 4 units, 2 beds and 2 baths each with two 2 car garages and it’s in great condition. This property is in a Cul de Sac locatin has rents are under market and have a wonderful upside. No rent control.

  • December, 2018

  • Dec 14, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,020,000

    Price

  • November, 2018

  • Nov 10, 2018

    Date

    Expired

    CRMLS: OC18108463

    $1,100,000

    Price

  • Sep 28, 2018

    Date

    Withdrawn

    CRMLS: OC18108463

    $1,100,000

    Price

  • Sep 14, 2018

    Date

    Active

    CRMLS: OC18108463

    $1,100,000

    Price

  • Sep 10, 2018

    Date

    Active Under Contract

    CRMLS: OC18108463

    $1,100,000

    Price

  • Sep 10, 2018

    Date

    Pending

    CRMLS: OC18108463

    $1,100,000

    Price

  • May 23, 2018

    Date

    Active

    CRMLS: OC18108463

    $1,100,000

    Price

  • May 17, 2018

    Date

    Active Under Contract

    CRMLS: OC18108463

    $1,100,000

    Price

  • May 9, 2018

    Date

    Active

    CRMLS: OC18108463

    $1,100,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity to purchase income property in Orange less than a mile from Chapman University. This 4-Plex features; 4 units, 2 beds and 1.75 baths each with two 2 car garages and it’s in great condition. Rents are under market and have great upside. No rent control.

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Tax History for 1026 N Shattuck Pl

Assessed Value (2020): $1,040,400
Year Land Value Improved Value Assessed Value
2020 $930,477 $109,923 $1,040,400

Home Value Compared to the Market

This property vs the competition

1026 N Shattuck Pl is listed 84.09% higher than the median list price for the city of Orange which has a median list price of $1,100,000. The median price per/sqft for Orange is $611 and this home is listed at $570.1 per/sqft which puts the price per square foot 6.69% lower than the median price per square foot for the city of Orange.

About 1026 N Shattuck Pl

Detailed summary of property

1026 N Shattuck Pl is a apartment located in Orange, CA 92867 and is currently for sale. This apartment offers 8 bedrooms, 8 bathrooms, roughly 3,552 living square feet, and sits on an approximately 7,405 square foot lot. 1026 N Shattuck Pl was first listed on ArdentRealEstateGroup.com on March 12, 2024. The homeowner is currently asking $2,025,000. The median priced home in Orange is $1,100,000 with a median price per square foot of $611. Based on Ardent Real Estate Group's Orange Market Data, this home is listed 84.09% higher than the median priced home. Local competing homes currently for sale include 1401 E Lincoln Ave, 216 W Santa Fe Ave and 545 S Ranch View Circle. While the average home in Orange, CA is selling in 42 days, 1026 N Shattuck Pl has a days on market of 39 days. There are currently 156 homes for sale in the Orange real estate market and 122 of them are single family homes while 27 of them are condos and 7 are townhomes. For more information on this home for sale at 1026 N Shattuck Pl Orange, CA 92867 contact Ardent Real Estate Group and we will put you in touch with one of our Orange agents.

Public Facts for 1026 N Shattuck Pl

Public county record property details
Beds
--
Baths
--
Year built
1963
Sq. Ft.
3,552
Lot Size
7,304
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
13
APN
375-511-22

The source for these homes facts are from public records.

92867 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,349,000
Median List Price/Sq.Ft.
$578
Median Sold Price
$1,070,000
Median Sold Price/Sq.Ft.
$569
Total Inventory
47
Median Sale to List Price %
93.04%
Avg Days on Market
23
Loan Type
Conventional (50%), FHA (14.29%), VA (0%), Cash (21.43%), Other (14.29%)

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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.

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