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1803 E Lomita Ave, Orange, CA 92867
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1803 E Lomita Ave Orange, CA 92867

$992,990 Sold Price as of 10/30/2020
  • 8 Beds
  • 4 Baths
  • 3,178 Sq.Ft.
Sold
$992,990 Sold Price as of 10/30/2020 Refinance Your Mortgage
Map preview of 1803 E Lomita Ave, Orange, CA 92867

Property Overview: 1803 E Lomita Ave Orange, CA has 8 bedrooms, 4 bathrooms, 3,178 living square feet and 10,019 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Well maintained, single story, 4-plex in a nice quite area of Orange. Long term tenants(10-20 yrs.). Upside on Rents. Each unit has their own hot water heater, dishwasher and Laundry area.

Listed by BARRY HILDEBRANDT | BRE #00639004 | WCI REAL ESTATE
Last checked: 3 minutes ago | Last updated: April 1st, 2023 | Source CRMLS | DOM: 1

Home details

Lot Sq. Ft
10,019
HOA Dues
$0/mo
Year built
1961
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
IV20212141
City
Orange
County
Orange
Time on Site
1301 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: 3
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,150
  • Total Rent: $3,450
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.25%
  • Gross Rent Multiplier: 17.92
  • Gross Scheduled Income: $55,800
  • Net Operating Income: $32,478
  • Gross Operating Income: $54,684
  • Vacancy Allowance: $1,116
  • # of Rented Garages: 0
Annual Expense Breakdown
  • Total Operating Expense: $22,206
  • Electric: $240
  • New Taxes: $10,400
  • Trash: $840
  • Gardener: $840
  • Insurance: $1,500
  • Maintenance: $2,400
  • Professional Management: $3,346
  • Water/Sewer: $2,400

Property Details for 1803 E Lomita Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Closet, Inside, Washer Hookup
Fireplace Information
  • Has Fireplace
  • See Remarks
Room Information
  • All Bedrooms Down, Kitchen
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Cooktop
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 6
  • Parking Features: Garage - Single Door, Off Street, Street
Lot Information
  • Lot Features: 2-5 Units/Acre, Lot 10000-19999 Sqft, Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 38632106
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • 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: Natural Gas Connected, Sewer Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Lomita
  • Directions: From Katella, head south on N. Tustin Blvd to Lomita Ave and turn Left.
  • Road Frontage Type: Alley
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
View more facts & features

Local Orange Agent

Sale History for 1803 E Lomita Ave

Last sold for $993,000 on October 30th, 2020

  • April, 2023

  • Apr 1, 2023

    Date

    Expired

    CRMLS: OC23030820

    $2,495

    Price

  • Feb 22, 2023

    Date

    Active

    CRMLS: OC23030820

    $2,495

    Price

  • Listing provided courtesy of CRMLS

    Newer remodeled single story apartment, new double pan windows, new cooling/heating A/C unit, new paint, new doors and casing, new baseboard, new light etc; Private front yard; 1 single car garage and off street parking; Great location close to everything you need, walking distance for shopping and dining. Minutes to CA-55, CA-22, CA-57, CA-91 and I-5; Will be available by 1st of March; Showing between 9am to 4:30pm on Feb.4th, 12th, 18th, 26th; Submit your application now to secure the place for your family!

  • October, 2020

  • Oct 30, 2020

    Date

    Sold

    CRMLS: IV20212141

    $992,990

    Price

  • Oct 23, 2020

    Date

    Pending

    CRMLS: IV20212141

    $999,990

    Price

  • Oct 14, 2020

    Date

    Active Under Contract

    CRMLS: IV20212141

    $999,990

    Price

  • Oct 12, 2020

    Date

    Active

    CRMLS: IV20212141

    $999,990

    Price

  • October, 2020

  • Oct 30, 2020

    Date

    Sold (Public Records)

    Public Records

    $993,000

    Price

  • December, 1997

  • Dec 9, 1997

    Date

    Sold (Public Records)

    Public Records

    $77,000

    Price

Show More

Tax History for 1803 E Lomita Ave

Assessed Value (2020): $235,330
Year Land Value Improved Value Assessed Value
2020 $132,999 $102,331 $235,330

Home Value Compared to the Market

This property vs the competition

1803 E Lomita Ave sold on October 30, 2020 for 4.76% lower than the current median sold price for the city of Orange which is $1,050,000. The median sold price per/sqft for Orange is $611 and this home is sold at $314.66 per/sqft which puts the price per square foot 48.5% lower than the current median sale per square foot for the city of Orange.

About 1803 E Lomita Ave

Detailed summary of property

1803 E Lomita Ave is a multi family that recently sold in Orange, CA 92867. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 3,178 living square feet, and sits on an approximately 10,019 square foot lot. 1803 E Lomita Ave was first listed on ArdentRealEstateGroup.com on October 12, 2020. The homeowner sold the property for $992,990. Home in Orange are selling for a median price of $1,050,000 and a median price per square foot of $611. Based on Ardent Real Estate Group's Orange Market Data, this home is sold 4.76% lower than the current median priced home. Local homes that are currently for sale include 678 Del Rosa Pl, 552 Linden St and 996 E 4th St. While the average home in Orange, CA is selling in 44 days, 1803 E Lomita Ave has a days on market of 1 days. There are currently 156 homes for sale in the Orange real estate market and 119 of them are single family homes while 30 of them are condos and 7 are townhomes. For more information on this home for sale at 1803 E Lomita Ave Orange, CA 92867 contact Ardent Real Estate Group and we will put you in touch with one of our Orange agents.

Public Facts for 1803 E Lomita Ave

Public county record property details
Beds
--
Baths
--
Year built
1961
Sq. Ft.
3,178
Lot Size
10,291
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
6
APN
386-321-06

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
$1,350,000
Median List Price/Sq.Ft.
$588
Median Sold Price
$1,175,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
45
Median Sale to List Price %
102.26%
Avg Days on Market
31
Loan Type
Conventional (56.25%), FHA (0%), VA (0%), Cash (31.25%), Other (12.5%)

Thinking of Selling?

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Recently Sold Homes Near 1803 E Lomita Ave

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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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