Search
1915 E Grove Ave, Orange, CA 92865
View Photos

1915 E Grove Ave Orange, CA 92865

$1,090,000 Sold Price as of 10/25/2019
  • 8 Beds
  • 4 Baths
  • 3,462 Sq.Ft.
Sold
$1,090,000 Sold Price as of 10/25/2019 Refinance Your Mortgage
Map preview of 1915 E Grove Ave, Orange, CA 92865

Property Overview: 1915 E Grove Ave Orange, CA has 8 bedrooms, 4 bathrooms, 3,462 living square feet and 6,534 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: PRICE REDUCED FOR QUICK SALE. The Grove Avenue 4-plex apartments present an opportunity to acquire a single story 4-plex with all two bedroom units in a neighborhood surrounded by schools, retail and employment opportunities. The structure is 3,460 square feet featuring four 2 Bedroom 1 Bathroom units along with 4 enclosed garages and two additional open spaces. Each of the apartments have an enclosed patio, combination wall air conditioning and heater unit, washer and dryer hookups, an individual water heater, and a garage parking space. The subject property is within a few blocks of major employment opportunities (Home Depot, Target and Walmart) while schools and freeway access are minutes away as well. The city of Orange has always been a sought after locale for renters, and major retailers continue to open along North Tustin Street which connects with Grove Avenue. The Grove Avenue 4-plex is an ideally located asset and will be for years to come. Cap rate and GRM based on proforma rents.

Listed by Michael Arp | BRE #01488586 | Morgan Skenderian
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 72

Home details

Lot Sq. Ft
6,534
HOA Dues
$0/mo
Year built
1963
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW19161693
City
Orange
County
Orange
Time on Site
1398 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 0
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,525
  • Total Rent: $1,525
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.06%
  • Gross Rent Multiplier: 13.96
  • Gross Scheduled Income: $81,600
  • Net Operating Income: $57,689
  • Gross Operating Income: $79,152
  • Vacancy Allowance: $2,448
Annual Expense Breakdown
  • Total Operating Expense: $21,463
  • Electric: $688
  • Gas/Fuel: $0
  • New Taxes: $12,444
  • Trash: $0
  • Insurance: $1,493
  • Maintenance: $3,550
  • Water/Sewer: $1,296

Property Details for 1915 E Grove Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate, Tile
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Garage Faces Rear
Lot Information
  • Lot Features: Lot 6500-9999, Level
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 37231111
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of Katella Ave. and East of N. Tustin St.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Orange Agent

Sale History for 1915 E Grove Ave

Last sold for $1,090,000 on October 25th, 2019

  • October, 2019

  • Oct 28, 2019

    Date

    Sold

    CRMLS: PW19161693

    $1,090,000

    Price

  • Oct 7, 2019

    Date

    Pending

    CRMLS: PW19161693

    $1,139,000

    Price

  • Sep 19, 2019

    Date

    Active Under Contract

    CRMLS: PW19161693

    $1,139,000

    Price

  • Sep 9, 2019

    Date

    Price Change

    CRMLS: PW19161693

    $1,139,000

    Price

  • Jul 9, 2019

    Date

    Active

    CRMLS: PW19161693

    $1,175,000

    Price

  • October, 2019

  • Oct 25, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,090,000

    Price

  • June, 1999

  • Jun 23, 1999

    Date

    Sold (Public Records)

    Public Records

    $220,000

    Price

Show More

Tax History for 1915 E Grove Ave

Assessed Value (2020): $1,090,000
Year Land Value Improved Value Assessed Value
2020 $840,000 $250,000 $1,090,000

Home Value Compared to the Market

This property vs the competition

1915 E Grove Ave sold on October 25, 2019 for 8.48% higher 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 $329 per/sqft which puts the price per square foot 46.15% lower than the current median sale per square foot for the city of Orange.

About 1915 E Grove Ave

Detailed summary of property

1915 E Grove Ave is a multi family that recently sold in Orange, CA 92865. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 3,462 living square feet, and sits on an approximately 6,534 square foot lot. 1915 E Grove Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,090,000. 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 8.48% higher than the current median priced home. Local homes that are currently for sale include 12102 Colima Rd, 13931 Leffingwell Rd and 2458 Chanslor St. While the average home in Orange, CA is selling in 46 days, 1915 E Grove Ave has a days on market of 72 days. There are currently 149 homes for sale in the Orange real estate market and 120 of them are single family homes while 22 of them are condos and 7 are townhomes. For more information on this home for sale at 1915 E Grove Ave Orange, CA 92865 contact Ardent Real Estate Group and we will put you in touch with one of our Orange agents.

Public Facts for 1915 E Grove Ave

Public county record property details
Beds
--
Baths
--
Year built
1963
Sq. Ft.
3,462
Lot Size
6,673
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
9
APN
372-311-11

The source for these homes facts are from public records.

92865 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$989,000
Median List Price/Sq.Ft.
$549
Median Sold Price
$905,000
Median Sold Price/Sq.Ft.
$577
Total Inventory
21
Median Sale to List Price %
90.45%
Avg Days on Market
12
Loan Type
Conventional (22.22%), FHA (11.11%), VA (0%), Cash (11.11%), Other (55.56%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 1915 E Grove Ave

Nearby Homes for Sale

16742 E Main St, Orange, CA 92865
$1,050,000
4 Beds
2 Baths
1500 Sq.Ft.
16742 E Main St
Orange, CA 92865
16742 E Main St, Orange, CA 92865
$1,050,000
4 Beds
2 Baths
1500 Sq.Ft.
16742 E Main St
Orange, CA 92865
320 E Valencia Ave, Anaheim, CA 92805
$1,200,000
5 Beds
2 Baths
1750 Sq.Ft.
320 E Valencia Ave
Anaheim, CA 92805
725 S Dickel St, Anaheim, CA 92805
$900,000
3 Beds
2 Baths
1272 Sq.Ft.
725 S Dickel St
Anaheim, CA 92805
1128 W Diamond St, Anaheim, CA 92801
$1,200,000
5 Beds
5 Baths
3307 Sq.Ft.
1128 W Diamond St
Anaheim, CA 92801
607 N Harbor Blvd, Fullerton, CA 92832
$1,199,990
5 Beds
3 Baths
2187 Sq.Ft.
607 N Harbor Blvd
Fullerton, CA 92832
11758 Azalea Ave, Fountain Valley, CA 92708
$1,149,900
5 Beds
4 Baths
2251 Sq.Ft.
11758 Azalea Ave
Fountain Valley, CA 92708
17150 San Mateo St, Fountain Valley, CA 92708
$1,300,000
4 Beds
4 Baths
3012 Sq.Ft.
17150 San Mateo St
Fountain Valley, CA 92708
7122 Natal Dr, Westminster, CA 92683
$1,135,000
6 Beds
4 Baths
2220 Sq.Ft.
7122 Natal Dr
Westminster, CA 92683
7122 Natal Dr, Westminster, CA 92683
$1,135,000
6 Beds
4 Baths
2220 Sq.Ft.
7122 Natal Dr
Westminster, CA 92683
7851 Cypress Dr, Huntington Beach, CA 92647
$1,300,000
4 Beds
1 Baths
1729 Sq.Ft.
7851 Cypress Dr
Huntington Beach, CA 92647
12103 Burgess Ave, Whittier, CA 90604
$1,214,000
4 Beds
2 Baths
1960 Sq.Ft.
12103 Burgess Ave
Whittier, CA 90604

Recently Sold Homes Near 1915 E Grove Ave

1838 E Grove Ave, Orange, CA 92865
$1,050,000 Last Sold Price
10 Beds
4 Baths
3462 Sq.Ft.
1838 E Grove Ave
Orange, CA 92865
1839 E Grove Ave, Orange, CA 92865
$1,250,000 Last Sold Price
8 Beds
4 Baths
3462 Sq.Ft.
1839 E Grove Ave
Orange, CA 92865
1819 E Grove Ave, Orange, CA 92865
$1,200,000 Last Sold Price
8 Beds
4 Baths
3460 Sq.Ft.
1819 E Grove Ave
Orange, CA 92865
1914 E Grove Ave, Orange, CA 92865
$1,200,000 Last Sold Price
8 Beds
4 Baths
3462 Sq.Ft.
1914 E Grove Ave
Orange, CA 92865

Related Resources to 1915 E Grove Ave

New Listings in 92865
Popular Zip Codes
Popular Cities
Other Orange Resources

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.

Refi Quote