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1905 E Adams Ave, Orange, CA 92867
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1905 E Adams Ave Orange, CA 92867

$840,000 Sold Price as of 03/09/2020
  • 5 Beds
  • 3 Baths
  • 2,820 Sq.Ft.
Sold
$840,000 Sold Price as of 03/09/2020 Refinance Your Mortgage
Map preview of 1905 E Adams Ave, Orange, CA 92867

Property Overview: 1905 E Adams Ave Orange, CA has 5 bedrooms, 3 bathrooms, 2,820 living square feet and 8,276 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: BEST PRICED TRIPLEX in TOWN! 3 units in the heart of Orange! Large 2 Story Building (2,820 sqft), sits on a 8,276 sq ft lot. *UNIT 1: is a downstairs 2 bedrooms and 1 bathroom, *UNIT 2 has 2b and 1 bathroom, and *UNIT 3 (upstairs) has 1 bedroom, 1 bathroom. ***ALL units have 1 assigned car garage, 1 assigned outside parking space and each have their own Laundry area with washer and dryer! It's both: a Landlord and a tenant's Dream. Easy to maintain, owner only pays water and trash. There are 3 gas, 3 electric and 1 water meter. ***Property is conveniently located in a hot market area close to shopping centers, markets and all sorts of businesses on busy N Tustin St, which makes this property unique for investors and tenants. Large yard in the back allow tenants to enjoy their stay and value their units. All units are occupied by great long term tenants (over 15 yrs) and rents are below market. Garages and Laundry units are not rented which creates a huge upside potential for investors. ***Property is sold as is but owner will pay for Termite Section #1 clearance by Seller's choice, unless otherwise agreed***

Listed by JOSE VASQUEZ-PLAZA | BRE #01868555 | CENTURY 21 MASTERS
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 43

Home details

Lot Sq. Ft
8,276
HOA Dues
$0/mo
Year built
1960
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
CV19285440
City
Orange
County
Orange
Time on Site
1392 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,030
  • Total Rent: $1,030
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,325
  • Total Rent: $1,325
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,325
  • Total Rent: $1,325
  • Pro Forma/Market Rent: $1,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $44,160
  • Net Operating Income: $31,563
  • Gross Operating Income: --
  • # of Rented Garages: 0
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $12,597
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $7,349
  • Trash: $648
  • Insurance: $1,200
  • Water/Sewer: $3,400

Property Details for 1905 E Adams Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Laundry Chute
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Assigned, Direct Garage Access, Driveway, Asphalt, Gravel, Paved, Garage Faces Front, Garage - Three Door
Lot Information
  • Lot Features: Lot 6500-9999, Flag Lot, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 37554138
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Heading North on Tustin , Head E on Adams Ave.
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Orange Agent

Sale History for 1905 E Adams Ave

Last sold for $840,000 on March 9th, 2020

  • March, 2020

  • Mar 10, 2020

    Date

    Sold

    CRMLS: CV19285440

    $840,000

    Price

  • Feb 10, 2020

    Date

    Active Under Contract

    CRMLS: CV19285440

    $839,500

    Price

  • Dec 26, 2019

    Date

    Active

    CRMLS: CV19285440

    $839,500

    Price

  • March, 2020

  • Mar 9, 2020

    Date

    Sold (Public Records)

    Public Records

    $840,000

    Price

  • December, 2019

  • Dec 26, 2019

    Date

    Canceled

    CRMLS: CV19266924

    $845,000

    Price

  • Dec 26, 2019

    Date

    Hold

    CRMLS: CV19266924

    $845,000

    Price

  • Dec 2, 2019

    Date

    Active Under Contract

    CRMLS: CV19266924

    $845,000

    Price

  • Dec 2, 2019

    Date

    Price Change

    CRMLS: CV19266924

    $845,000

    Price

  • Nov 18, 2019

    Date

    Active

    CRMLS: CV19266924

    $839,500

    Price

  • Listing provided courtesy of CRMLS

  • November, 2017

  • Nov 1, 2017

    Date

    Expired

    CRMLS: PW17100350

    $824,900

    Price

  • May 8, 2017

    Date

    Active

    CRMLS: PW17100350

    $824,900

    Price

  • Listing provided courtesy of CRMLS

    GREAT INVESTMENT OPPORTUNITY IN THE CITY OF ORANGE! This Triplex has a LARGE GRASSY BACKYARD for tenants to enjoy outdoor BBQ's with friends and family. GREAT LOCATION JUST EAST OF TUSTIN ST & SOUTH OF KATELLA. Located close to all public transportation, shopping and dining. Two Units are TOWNHOUSE STYLE and the one bedroom is upstairs above the garages. EACH UNIT HAS THEIR OWN WASHER & DRYER HOOK-UPS! NO ONE IS ABOVE OR BELOW ANY OF THE UNITS! There is Great Upside Potential for Rents. Units are easily rented and current owner Never Has A Vacancy!

  • October, 2003

  • Oct 30, 2003

    Date

    Sold (Public Records)

    Public Records

    $500,000

    Price

Show More

Tax History for 1905 E Adams Ave

Assessed Value (2020): $650,018
Year Land Value Improved Value Assessed Value
2020 $535,137 $114,881 $650,018

Home Value Compared to the Market

This property vs the competition

1905 E Adams Ave sold on March 9, 2020 for 20.05% 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 $297.7 per/sqft which puts the price per square foot 51.28% lower than the current median sale per square foot for the city of Orange.

About 1905 E Adams Ave

Detailed summary of property

1905 E Adams Ave is a triplex that recently sold in Orange, CA 92867. This triplex offered 5 bedrooms, 3 bathrooms, roughly 2,820 living square feet, and sits on an approximately 8,276 square foot lot. 1905 E Adams Ave was first listed on ArdentRealEstateGroup.com on July 11, 2020. The homeowner sold the property for $840,000. 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 20.05% lower than the current median priced home. Local homes that are currently for sale include 1156 W Stoneridge Court, 221 E Sunkist St and 607 S Plum Ave. While the average home in Orange, CA is selling in 44 days, 1905 E Adams Ave has a days on market of 43 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 1905 E Adams 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 1905 E Adams Ave

Public county record property details
Beds
--
Baths
--
Year built
1960
Sq. Ft.
2,820
Lot Size
8,102
Stories
2
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
9
APN
375-541-38

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 1905 E Adams Ave

1914 E Adams Ave, Orange, CA 92867
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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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