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1105 N Olive St, Santa Ana, CA 92703
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1105 N Olive St Santa Ana, CA 92703

$1,010,000 Sold Price as of 03/22/2022
  • 4 Beds
  • 3.5 Baths
  • 1,782 Sq.Ft.
Sold
$1,010,000 Sold Price as of 03/22/2022 Refinance Your Mortgage
Map preview of 1105 N Olive St, Santa Ana, CA 92703

Property Overview: 1105 N Olive St Santa Ana, CA has 4 bedrooms, 3.5 bathrooms, 1,782 living square feet and 8,773 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: BACK ON THE MARKET! Great location for income units like this sweet little two-bedroom two-bathroom duplex. Located close to downtown Santa Ana and Washington square where some of the historical homes reside in the neighborhood. Both units 1101 and 1105 have a detached single-car garage as well as a long driveway for off-street parking on the right side. It has a large back yard can build an ADU or park multiple vehicles besides the garages. The duplex has 2 water, 2 electric, and 2 gas meters. All like new appliances are included in the sale, AC units, refrigerators, ovens, dishwashers, washers, and dryers. Both units had been completely upgraded kitchen granite countertops, wood flooring, etc... The new roof was installed in 2016. The owner added 1 bathroom with a standing shower for each unit without permits, a total of 2 bathrooms for each unit. It is a must-see property to believe it. Meters: 2 electric, 2 gas, and 2 water meters. The tenants pay all utilities.

Listed by Christopher Nguyen | BRE #01478705 | Professional R.E. Center, Inc.
Last checked: 11 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 54

Home details

Lot Sq. Ft
8,773
HOA Dues
$0/mo
Year built
1939
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC22009446
City
Santa Ana
County
Orange
Time on Site
828 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,150
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $47,400
  • Net Operating Income: $40,200
  • Gross Operating Income: $47,400
  • Vacancy Allowance: $0
  • Improvements Total: $160,000
Annual Expense Breakdown
  • Total Operating Expense: $7,200
  • New Taxes: $6,300
  • Trash: $300
  • Insurance: $600

Property Details for 1105 N Olive St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Individual Room
Room Information
  • Flooring: Laminate, Tile
  • All Bedrooms Down, Family Room, Kitchen, Laundry, Master Bathroom, Master Bedroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater, Water Line to Refrigerator
Interior Features
  • Ceiling Fan(s), Granite Counters, Pantry
  • Levels: One
  • Window Features: Double Pane Windows
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: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway, Driveway - Brick, Driveway Level, Garage
Lot Information
  • Lot Features: Front Yard, Lot 6500-9999, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood, Trees/Woods
  • Common Walls: 2+ Common Walls
  • Total # of Units: 2
  • Parcel Number: 40528406
  • Year Built Source: Assessor
  • Architectural Style: Contemporary
  • Entry Level: 2
  • Property is Attached
  • Has Additional Parcels
  • Property Condition: Additions/Alterations
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Other
  • Directions: W Washington Ave./N Olive st
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Santa Ana Agent

Sale History for 1105 N Olive St

Last sold for $1,010,000 on March 22nd, 2022

  • March, 2022

  • Mar 22, 2022

    Date

    Sold

    CRMLS: OC22009446

    $1,010,000

    Price

  • Jan 17, 2022

    Date

    Active

    CRMLS: OC22009446

    $995,000

    Price

  • May, 2021

  • May 9, 2021

    Date

    Withdrawn

    CRMLS: OC21087525

    $840,000

    Price

  • May 1, 2021

    Date

    Hold

    CRMLS: OC21087525

    $840,000

    Price

  • Apr 28, 2021

    Date

    Active

    CRMLS: OC21087525

    $840,000

    Price

  • Listing provided courtesy of CRMLS

    Great location for income units like this sweet little two-bedroom two-bathroom duplex. Located close to downtown Santa Ana and Washington square where some of the historical homes reside in the neighborhood. Both units 1101 and 1105 have a detached single-car garage as well as a long driveway for off-street parking on the right side. It has a large back yard can build an ADU or park multiple vehicles besides the garages. The duplex has 2 water, 2 electric, and 2 gas meters. All like new appliances are included in the sale, AC units, refrigerators, ovens, dishwashers, washers, and dryers. Both units had been completely upgraded kitchen granite countertops, wood flooring, etc... The new roof was installed in 2016. The owner added 1 bathroom with a standing shower for each unit without permits, a total of 2 bathrooms for each unit. It a must-see property to believe it.

  • February, 2016

  • Feb 5, 2016

    Date

    Sold (Public Records)

    Public Records

    $475,000

    Price

  • January, 2016

  • Jan 15, 2016

    Date

    Price Change

    CRMLS: NP16009443

    $485,000

    Price

  • Listing provided courtesy of CRMLS

    Great location for a income units like this sweet little two bedroom one bathroom duplex. Located close to downtown Santa Ana and Washington square historic area these units are dated but have generally good bones. If these were mine, I would replace the windows, heaters and water heaters and rehab kitchen and bathrooms for potentially higher rental income. Current occupant on 1105 has been fixed at significantly lower numbers than reality for area for a long time. Unit 1101 has been at location for just over a year and keeps it super clean and well maintained. Both units have a detached single car garage as well as a long drive way for off street parking on right side. One garage door needs replacement as other was recently replaced by owner who recently passed away but not on property location.

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Tax History for 1105 N Olive St

Assessed Value (2020): $503,336
Year Land Value Improved Value Assessed Value
2020 $432,869 $70,467 $503,336

Home Value Compared to the Market

This property vs the competition

1105 N Olive St sold on March 22, 2022 for 34.67% 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 $566.78 per/sqft which puts the price per square foot 1.03% higher than the current median sale per square foot for the city of Santa Ana.

About 1105 N Olive St

Detailed summary of property

1105 N Olive St is a multi family that recently sold in Santa Ana, CA 92703. This multi family property offered 4 bedrooms, 3.5 bathrooms, roughly 1,782 living square feet, and sits on an approximately 8,773 square foot lot. 1105 N Olive St was first listed on ArdentRealEstateGroup.com on January 17, 2022. The homeowner sold the property for $1,010,000. 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 34.67% higher than the current median priced home. Local homes that are currently for sale include 12044 Sycamore St, 1033 Prospect Ave and 4110 E Vermont St. While the average home in Santa Ana, CA is selling in 47 days, 1105 N Olive St has a days on market of 54 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 1105 N Olive St Santa Ana, CA 92703 contact Ardent Real Estate Group and we will put you in touch with one of our Santa Ana agents.

Public Facts for 1105 N Olive St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
5,968
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
20,21
APN
405-284-06

The source for these homes facts are from public records.

92703 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$775,000
Median List Price/Sq.Ft.
$597
Median Sold Price
$800,000
Median Sold Price/Sq.Ft.
$510
Total Inventory
28
Median Sale to List Price %
103.23%
Avg Days on Market
28
Loan Type
Conventional (33.33%), FHA (22.22%), VA (0%), Cash (22.22%), Other (22.22%)

Thinking of Selling?

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(714) 706-1823

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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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