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11781 S Rancho Santiago Blvd, Orange, CA 92869
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11781 S Rancho Santiago Blvd Orange, CA 92869

$760,000 Sold Price as of 07/23/2020
  • 6 Beds
  • 4 Baths
  • 2,020 Sq.Ft.
Sold
$760,000 Sold Price as of 07/23/2020 Refinance Your Mortgage
Map preview of 11781 S Rancho Santiago Blvd, Orange, CA 92869

Property Overview: 11781 S Rancho Santiago Blvd Orange, CA has 6 bedrooms, 4 bathrooms, 2,020 living square feet and 6,750 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present 11781 South Rancho Santiago Blvd, a well maintained duplex in Orange. The subject property features two 3 bed 2 bath units which are both tenant occupied. Both apartments feature updated windows throughout, ceramic tile flooring, stone countertops, newer cabinetry (some), forced air heat, horizontal blinds, and the back unit has central AC with a new condenser. The structure for the property is single story measuring approximately 2,020 square feet. It is separately metered for gas and electric and has a pitched composition shingle roof. Additionally, there is a separate utility room with owned coin operated laundry machines providing additional owner income. Finally, the Rancho Santiago duplex boasts ample tenant parking with two single car garages an additional six open parking spaces. The location and building have historically attracted tenants looking for a long term residence and will continue to do so for years to come.

Listed by Michael Arp | BRE #01488586 | Morgan Skenderian
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 105

Home details

Lot Sq. Ft
6,750
HOA Dues
$0/mo
Year built
1965
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW20051730
City
Orange
County
Orange
Time on Site
1520 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.21%
  • Gross Rent Multiplier: 15.77
  • Gross Scheduled Income: $50,400
  • Net Operating Income: $33,436
  • Gross Operating Income: $48,888
  • Vacancy Allowance: $1,512
  • Laundry Income: $1,200
  • Laundry Own/Lease: Own
  • Other Income 1: $1,800
  • Other Income Description: Utility Bill Back
Annual Expense Breakdown
  • Total Operating Expense: $15,452
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $8,384
  • Trash: $0
  • Insurance: $800
  • Maintenance: $2,444
  • Water/Sewer: $0
  • Other Expenses: $1,800
  • Other Expense Description: Utility

Property Details for 11781 S Rancho Santiago Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Common Area
Room Information
  • Flooring: Tile
Kitchen Information
  • Has Appliances
  • Disposal, Gas Range
Interior Features
  • Levels: One
  • Window Features: Blinds
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Wood, Wrought Iron
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Garage Faces Rear
Lot Information
  • Lot Features: Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 38308177
  • Year Built Source: Assessor
  • Foundation Details: Slab
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: North of Chapman Ave. and East of Hewes St.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Orange Agent

Sale History for 11781 S Rancho Santiago Blvd

Last sold for $760,000 on July 23rd, 2020

  • July, 2020

  • Jul 24, 2020

    Date

    Sold

    CRMLS: PW20051730

    $760,000

    Price

  • Jul 15, 2020

    Date

    Pending

    CRMLS: PW20051730

    $795,000

    Price

  • Jun 22, 2020

    Date

    Active Under Contract

    CRMLS: PW20051730

    $795,000

    Price

  • Mar 19, 2020

    Date

    Active

    CRMLS: PW20051730

    $795,000

    Price

  • Mar 17, 2020

    Date

    Active Under Contract

    CRMLS: PW20051730

    $795,000

    Price

  • Mar 9, 2020

    Date

    Active

    CRMLS: PW20051730

    $795,000

    Price

  • July, 2013

  • Jul 31, 2013

    Date

    Sold (Public Records)

    Public Records

    $480,000

    Price

  • January, 2011

  • Jan 13, 2011

    Date

    Sold (Public Records)

    Public Records

    $393,059

    Price

Show More

Tax History for 11781 S Rancho Santiago Blvd

Assessed Value (2020): $538,027
Year Land Value Improved Value Assessed Value
2020 $468,162 $69,865 $538,027

Home Value Compared to the Market

This property vs the competition

11781 S Rancho Santiago Blvd sold on July 23, 2020 for 24.64% lower than the current median sold price for the city of Orange which is $1,055,000. The median sold price per/sqft for Orange is $642 and this home is sold at $393.56 per/sqft which puts the price per square foot 38.7% lower than the current median sale per square foot for the city of Orange.

About 11781 S Rancho Santiago Blvd

Detailed summary of property

11781 S Rancho Santiago Blvd is a multi family that recently sold in Orange, CA 92869. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 2,020 living square feet, and sits on an approximately 6,750 square foot lot. 11781 S Rancho Santiago Blvd was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $760,000. Home in Orange are selling for a median price of $1,055,000 and a median price per square foot of $642. Based on Ardent Real Estate Group's Orange Market Data, this home is sold 24.64% lower than the current median priced home. Local homes that are currently for sale include 819 N Gordon St, 645 N Towne Ave and 903 N Eleanor St. While the average home in Orange, CA is selling in 48 days, 11781 S Rancho Santiago Blvd has a days on market of 105 days. There are currently 217 homes for sale in the Orange real estate market and 172 of them are single family homes while 34 of them are condos and 11 are townhomes. For more information on this home for sale at 11781 S Rancho Santiago Blvd Orange, CA 92869 contact Ardent Real Estate Group and we will put you in touch with one of our Orange agents.

Public Facts for 11781 S Rancho Santiago Blvd

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
6,363
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
2
APN
383-081-77

The source for these homes facts are from public records.

92869 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,295,000
Median List Price/Sq.Ft.
$632
Median Sold Price
$1,055,000
Median Sold Price/Sq.Ft.
$633
Total Inventory
89
Median Sale to List Price %
105.5%
Avg Days on Market
11
Loan Type
Conventional (53.57%), FHA (0%), VA (0%), Cash (21.43%), Other (25%)

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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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