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1929 E Adams Ave, Orange, CA 92867
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1929 E Adams Ave Orange, CA 92867

$975,000 Sold Price as of 10/21/2022
  • 5 Beds
  • 3 Baths
  • 2,820 Sq.Ft.
Sold
$975,000 Sold Price as of 10/21/2022 Refinance Your Mortgage
Map preview of 1929 E Adams Ave, Orange, CA 92867

Property Overview: 1929 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: Price reduced for quick sale! The Adams Avenue Triplex is a well-located apartment building in Orange which sits just east of N. Tustin St. and south of Katella. The two-story structure measures 2,820 square feet and sits atop a large, 8,011 square foot lot. The unit mix consists of (2) 2 bed 1bath townhomes & (1) 1 bed 1 bath. The 2 bed townhomes measure approximately 1,100 SF while the 1 bed is 620 SF. Apartment amenities include: enclosed yards (2 beds) and patio (1 bed), laundry hookups, garage & open parking spaces, individual water heaters, and all apartments have access to a large enclosed back yard area behind the structure. The rear yard area presents an excellent opportunity to add an ADU. The Adams Avenue triplex is conveniently located off N Tustin St. which is host to many restaurants and retail shopping venues while being within blocks of the 55 freeway.

Listed by Michael Arp | BRE #01488586 | Morgan Skenderian
Co-listed by Jay Skenderian | BRE #01220368 | Morgan Skenderian
Last checked: 14 minutes ago | Last updated: October 25th, 2022 | Source CRMLS | DOM: 52

Home details

Lot Sq. Ft
8,276
HOA Dues
$0/mo
Year built
1960
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW22166913
City
Orange
County
Orange
Time on Site
643 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: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,725
  • Total Rent: $3,450
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,410
  • Total Rent: $1,410
  • Pro Forma/Market Rent: $1,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.88%
  • Gross Rent Multiplier: 17.07
  • Gross Scheduled Income: $58,320
  • Net Operating Income: $35,795
  • Gross Operating Income: $56,570
  • Vacancy Allowance: $1,749
Annual Expense Breakdown
  • Total Operating Expense: $20,775
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $11,460
  • Trash: $900
  • Gardener: $1,259
  • Insurance: $1,600
  • Maintenance: $2,100
  • Water/Sewer: $1,566

Property Details for 1929 E Adams Ave

Interior Features
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Electric Dryer Hookup, Washer Hookup
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: Garage Faces Front
Lot Information
  • Lot Features: Level with Street, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 37554141
  • 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
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: None
  • Directions: East of North Tustin Street and South of Katella Avenue
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Orange Agent

Sale History for 1929 E Adams Ave

Last sold for $975,000 on October 21st, 2022

  • October, 2022

  • Oct 21, 2022

    Date

    Sold

    CRMLS: PW22166913

    $975,000

    Price

  • Jul 29, 2022

    Date

    Active

    CRMLS: PW22166913

    $1,195,000

    Price

  • October, 2001

  • Oct 12, 2001

    Date

    Sold (Public Records)

    Public Records

    $260,000

    Price

  • July, 2001

  • Jul 5, 2001

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1929 E Adams Ave

Assessed Value (2020): $679,411
Year Land Value Improved Value Assessed Value
2020 $578,776 $100,635 $679,411

Home Value Compared to the Market

This property vs the competition

1929 E Adams Ave sold on October 21, 2022 for 4.29% 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 $388.3 per/sqft which puts the price per square foot 36.45% lower than the current median sale per square foot for the city of Orange.

About 1929 E Adams Ave

Detailed summary of property

1929 E Adams Ave is a multi family that recently sold in Orange, CA 92867. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 2,820 living square feet, and sits on an approximately 8,276 square foot lot. 1929 E Adams Ave was first listed on ArdentRealEstateGroup.com on July 29, 2022. The homeowner sold the property for $975,000. 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 4.29% higher than the current median priced home. Local homes that are currently for sale include 12044 Sycamore St, 678 Del Rosa Pl and 552 Linden St. While the average home in Orange, CA is selling in 44 days, 1929 E Adams Ave has a days on market of 52 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 1929 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 1929 E Adams Ave

Public county record property details
Beds
5
Baths
3
Year built
1960
Sq. Ft.
2,820
Lot Size
7,960
Stories
2
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
12
APN
375-541-41

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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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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