1060 Ortega Way #B, Placentia, CA 92870
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1060 Ortega Way #B Placentia, CA 92870

$1,371,400 Sold Price as of 08/06/2020
  • -- Beds
  • -- Baths
  • 5,475 Sq.Ft.
Sold
$1,371,400 Sold Price as of 08/06/2020 Refinance Your Mortgage

Map preview of 1060 Ortega Way #B, Placentia, CA 92870

Property Overview: 1060 Ortega Way #B Placentia, CA has -- bedrooms, -- bathrooms, 5,475 living square feet and 15,011 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: PRICE REDUCTION! Placentia Industrial Condo 5,475 sq. ft. Plus 800 sq. ft. of improved Mezzanine quarters. CUL DE SAC location in Ortega Way Industrial Park, just moments from the 57/91 intersection this is a prime Orange County location. Concrete Tilt up warehouse. 33% improved office (1,802 sq. ft.), 63% Warehouse (3,466 sq. ft.) PLUS additional 800 sq. ft. of improved mezzanine. WAREHOUSE level offers (2) ground level TRUCK DOORS (10' x 10' & 10' x 12') doors, 16’-18’ clearance, insulation, 3 skylights for natural light that open for ventilation. There are steel racks & a chemical catch basin. Main level TENANT IMPROVMENTS: Central HVAC, 5 offices, conference room, foyer, kitchen and 2 bathrooms. MEZZANINE level is approximately 800 sq. ft. and is not included in the square footage. MEZZANINE IMPROVEMENTS: A 2nd kitchen, 3rd full bathroom, another conference area, an office, washer/dryer, Record storage and tool room. ELECTRIC SERVICE: 400 amps/480 volt 3 phase, 3 wire, plus a 240 volt subpanel (driven by a step down transformer). HVAC: 2 roof top AC units (3 & 5 ton). SECURITY: Expandable 13 camera, full alarm system and one grumpy pitbull. PHONES: Included, there is a phone room. HOA: $629.36 per/mo includes exterior maintenance, landscape, roofs. (Per owner roof is about 3 years old). WATER HEATERS: Two tank type. INSULLATION: Yes. NATURAL GAS: Yes. PARKING: 5 assigned plus ample open spaces. INTERNET: Fiber optic. LEASE HISTORY: Owner occupied. FIRE SPRINKLERS: Yes

Listed by Robert Koop, Jr. | BRE #00856542 | Tekoop Properties, Inc.
Co-listed by Todd Lurie | BRE #01277481 | Tekoop Properties, Inc.
Last checked: 17 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 204

Home details

Lot Sq. Ft
15,011
HOA Dues
$0/mo
Year built
1981
Garage
--
Property Type:
Industrial
Status
Sold
MLS#
NP19221525
City
Placentia
County
Orange
Time on Site
1407 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
  • Laundry Income: $0
  • Laundry Own/Lease: Own
  • Other Income 1: $0
Annual Expense Breakdown
  • Total Operating Expense: --
  • Water/Sewer: $75
  • Other Expenses: $629

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Property Details for 1060 Ortega Way #B

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Dual, Electric
Heating Information
  • Has Heating
  • Central, Forced Air, Natural Gas
Laundry Information
  • Upper Level
Interior Features
  • Security Features: Closed Circuit Camera(s), Fire Sprinkler System, Security System
Exterior Features
Exterior Information
  • Roof: Flat
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: Cul-De-Sac
  • Lot Size Source: Assessor
  • Common Interest: Condominium
Property Information
  • Parcel Number: 93922009
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
Location / Neighborhood
Location Information
  • Directions: 57 Freeway, exit Orangethorpe head East a few hundred feet then Right on S. Melrose. Then left on E. La Jolla, first right is Ortega Way.
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Sale History for 1060 Ortega Way #B

Last sold for $1,371,400 on August 6th, 2020
  • August, 2020

  • Aug 6, 2020

    Date

    Sold

    CRMLS: NP19221525

    $1,371,400

    Price

  • Apr 7, 2020

    Date

    Active Under Contract

    CRMLS: NP19221525

    $1,399,000

    Price

  • Nov 13, 2019

    Date

    Price Change

    CRMLS: NP19221525

    $1,399,000

    Price

  • Sep 17, 2019

    Date

    Active

    CRMLS: NP19221525

    $1,425,000

    Price

  • May, 2007

  • May 11, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2007

  • May 11, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1060 Ortega Way #B

Assessed Value (2020): $1,163,638
Year Land Value Improved Value Assessed Value
2020 $709,819 $453,819 $1,163,638

Home Value Compared to the Market

This property vs the competition

1060 Ortega Way #B sold on August 6, 2020 for 39.2% higher than the current median sold price for the city of Placentia which is $1,005,000. The median sold price per/sqft for Placentia is $569 and this home is sold at $255.53 per/sqft which puts the price per square foot 55.09% lower than the current median sale per square foot for the city of Placentia.

About 1060 Ortega Way #B

Detailed summary of property

1060 Ortega Way #B is a industrial that recently sold in Placentia, CA 92870. This industrial property offered -- bedrooms, -- bathrooms, roughly 5,475 living square feet, and sits on an approximately 15,011 square foot lot. 1060 Ortega Way #B was first listed on ArdentRealEstateGroup.com on July 11, 2020. The homeowner sold the property for $1,371,400. Home in Placentia are selling for a median price of $1,005,000 and a median price per square foot of $569. Based on Ardent Real Estate Group's Placentia Market Data, this home is sold 39.2% higher than the current median priced home. Local homes that are currently for sale include 316 N Virgil Ave, 19842 Kendall Dr and 3910 Cajon Blvd. While the average home in Placentia, CA is selling in 33 days, 1060 Ortega Way #B has a days on market of 204 days. There are currently 70 homes for sale in the Placentia real estate market and 46 of them are single family homes while 21 of them are condos and 3 are townhomes. For more information on this home for sale at 1060 Ortega Way #B Placentia, CA 92870 contact Ardent Real Estate Group and we will put you in touch with one of our Placentia agents.

Public Facts for 1060 Ortega Way #B

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
Condominiums (Industrial)
Pool
No
Spa
No
County
Orange
Lot#
--
APN
939-220-09

The source for these homes facts are from public records.

92870 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$899,999
Median List Price/Sq.Ft.
$578
Median Sold Price
$991,000
Median Sold Price/Sq.Ft.
$569
Total Inventory
70
Median Sale to List Price %
103.77%
Avg Days on Market
20
Loan Type
Conventional (46.88%), FHA (9.38%), VA (3.13%), Cash (25%), Other (15.63%)

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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.