18641 E Pearl Ave, Orange, CA 92869
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18641 E Pearl Ave Orange, CA 92869

$980,000 Sold Price as of 03/09/2022
  • 4 Beds
  • 4 Baths
  • 2,400 Sq.Ft.
Sold
$980,000 Sold Price as of 03/09/2022 Refinance Your Mortgage

Map preview of 18641 E Pearl Ave, Orange, CA 92869

Property Overview: 18641 E Pearl Ave Orange, CA has 4 bedrooms, 4 bathrooms, 2,400 living square feet and 6,098 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great pricing on a long-term resident four units in a well-established family area. Close to everything that is OC, Angel Stadium, Disneyland, shopping centers and social centers and nature areas. Property is gated for security and has a private common area where all tenants have a garage and a common laundry room. There is extra parking so each tenant may park two cars on site. Utilities are separately metered. One vacancy in seven years' ownership that was immediately rented.

Listed by Cynthia Metzger | BRE #00606813 | Seaquest Ventures Realty
Last checked: 7 minutes ago | Last updated: November 8th, 2022 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
6,098
HOA Dues
$0/mo
Year built
1950
Garage
5 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW21269393
City
Orange
County
Orange
Time on Site
858 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: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,170
  • Total Rent: $1,170
  • Pro Forma/Market Rent: $1,170
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $58,479
  • Net Operating Income: $47,372
  • Gross Operating Income: --
  • # of Rented Garages: 0
  • Laundry Income: $2,319
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $11,107
  • Electric: $680
  • Gas/Fuel: $365
  • Trash: $906
  • Insurance: $1,158
  • Maintenance: $5,840
  • Water/Sewer: $2,158

Property Details for 18641 E Pearl Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Natural Gas, Wall Furnace
Laundry Information
  • Has Laundry
  • Community, Individual Room
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Tile
  • Kitchen
Kitchen Information
  • Has Appliances
  • Gas Range, Refrigerator, Water Heater
Interior Features
  • Tile Counters
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Rain Gutters
  • Has Fence
  • Average Condition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 9
  • Has Parking
  • Parking Features: Assigned, Garage, Garage Faces Side, Shared Driveway
Lot Information
  • Lot Features: Level
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Trees/Woods
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 09311238
  • Year Built Source: Public Records
  • Architectural Style: Contemporary
  • Foundation Details: Slab
  • Property is not Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: East of the 55 just north of Chapman
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
Neighborhood Information
  • Community Features: Biking, Hiking, Sidewalks, Street Lights
View more facts & features

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Sale History for 18641 E Pearl Ave

Last sold for $980,000 on March 9th, 2022
  • January, 2022

  • Jan 2, 2022

    Date

    Hold

    CRMLS: PW21269393

    $950,000

    Price

  • Dec 28, 2021

    Date

    Active

    CRMLS: PW21269393

    $950,000

    Price

  • September, 2014

  • Sep 24, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2014

  • May 8, 2014

    Date

    Sold (Public Records)

    Public Records

    $650,000

    Price

  • March, 2014

  • Mar 23, 2014

    Date

    Price Change

    CRMLS: CC334086

    $650,000

    Price

  • Listing provided courtesy of CRMLS

    OPPORTUNITY - INVESTOR UPSIDE POTENTIAL! - Lowest Priced 4 unit income property in Orange County - STANDARD SALE. Opportunity for new owner to raise rents significantly and complete interior remodels. Outstanding clean property with new exterior facelift just completed March 2014. New exterior paint, all new vinyl windows installed, new asphalt driveway laid. All units are 1 bedroom 1 bath with private garages. Mostly long term tenants . Nice private common area and garden for tenants. Separately metered for gas and electric. Low expenses. 5 total enclosed parking garages with 2 additional parking spaces. Laundry room for extra income. Outstanding location with high rental remand, close to everything. Easy to rent, manage, and manitain. Expenses are estimated. DO NOT DISTURB TENANTS..

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Tax History for 18641 E Pearl Ave

Assessed Value (2020): $728,579
Year Land Value Improved Value Assessed Value
2020 $643,526 $85,053 $728,579

Home Value Compared to the Market

This property vs the competition

18641 E Pearl Ave sold on March 9, 2022 for 9.52% 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 $395.83 per/sqft which puts the price per square foot 35.22% lower than the current median sale per square foot for the city of Orange.

About 18641 E Pearl Ave

Detailed summary of property

18641 E Pearl Ave is a multi family that recently sold in Orange, CA 92869. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 2,400 living square feet, and sits on an approximately 6,098 square foot lot. 18641 E Pearl Ave was first listed on ArdentRealEstateGroup.com on December 28, 2021. The homeowner sold the property for $980,000. 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 9.52% lower than the current median priced home. Local homes that are currently for sale include 996 E 4th St, 678 Del Rosa Pl and 645 N Towne Ave. While the average home in Orange, CA is selling in 44 days, 18641 E Pearl Ave has a days on market of 2 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 18641 E Pearl Ave Orange, CA 92869 contact Ardent Real Estate Group and we will put you in touch with one of our Orange agents.

Public Facts for 18641 E Pearl Ave

Public county record property details
Beds
--
Baths
--
Year built
1950
Sq. Ft.
1,980
Lot Size
7,243
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
17
APN
093-112-38

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
$1,025,000
Median List Price/Sq.Ft.
$616
Median Sold Price
$1,100,000
Median Sold Price/Sq.Ft.
$619
Total Inventory
64
Median Sale to List Price %
104.76%
Avg Days on Market
14
Loan Type
Conventional (48.15%), FHA (11.11%), VA (3.7%), Cash (25.93%), Other (11.11%)

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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.