Search
2031 W Palmyra Ave, Orange, CA 92868
Image 2 for 2031 W Palmyra Ave, Orange, CA 92868
Image 3 for 2031 W Palmyra Ave, Orange, CA 92868
View Photos

2031 W Palmyra Ave Orange, CA 92868

$2,400,000 Sold Price as of 01/05/2022
  • 10 Beds
  • 8 Baths
  • 4,944 Sq.Ft.
Sold
$2,400,000 Sold Price as of 01/05/2022 Refinance Your Mortgage
Map preview of 2031 W Palmyra Ave, Orange, CA 92868

Property Overview: 2031 W Palmyra Ave Orange, CA has 10 bedrooms, 8 bathrooms, 4,944 living square feet and 14,810 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Property is comprised of two Triplexes with two separate APN Numbers. The address is 2031 and 2041 W Palmyra with two buildings. Each triplex can be sold separately for $1,450,000 each but Owner requires them to close concurrently. Very large units. Each Triplex has one 3 Bedroom, 2 bath single story with fireplace plus two 1 bedroom Townhouse style units. Street comprised mostly of condos. Tax records indicate 4944 Sq ft on 2031 Palmyra and 2564 SF for 2041 Palmyra. Buyer to make their own determination of square footage. Both buildings have the same sized units. Make offer subject to Interior Inspection. Long Term Tenants with no rent increases for years. Convenient to freeways, Chapman University, St Joseph's Hospital and CHOC Hospital. Large Lots total of 14,808 Sq feet per Tax Records. Lots of off street parking plus 6 enclosed garages.

Listed by Audrey Prosser | BRE #00626631 | Prosser Real Estate
Last checked: 3 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 75

Home details

Lot Sq. Ft
14,810
HOA Dues
$0/mo
Year built
1964
Garage
6 Car
Property Type:
Multi Family
Status
Sold
MLS#
LG21206072
City
Orange
County
Orange
Time on Site
956 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 2
  • # of Leased Units: 6
  • # of Electric Meters: 6
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $850
  • Total Rent: $850
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $950
  • Total Rent: $950
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $950
  • Total Rent: $950
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $950
  • Total Rent: $950
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $85,800
  • Net Operating Income: $60,821
  • Gross Operating Income: $85,800
Annual Expense Breakdown
  • Total Operating Expense: $24,979
  • Electric: $179
  • Gas/Fuel: $2,433
  • Licenses: $170
  • New Taxes: $34,800
  • Trash: $1,093
  • Gardener: $1,006
  • Insurance: $2,400
  • Professional Management: $0
  • Water/Sewer: $2,821
  • Other Expenses: $744,200
  • Other Expense Description: Maint

Property Details for 2031 W Palmyra Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 12
  • Has Parking
  • Parking Features: Assigned, Garage
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 6
  • Parcel Number: 39022231
  • Year Built Source: Assessor
  • Property is not Attached
  • Has Additional Parcels
  • Offered With Property: Some refrigerators, Newer Coin-Op Laundry machines
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Sewer Connected
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Other
  • Directions: North on Main Street to West on Palmyra-From 22 and 5 Freeways
Neighborhood Information
  • Community Features: Biking, Sidewalks, Street Lights
View more facts & features

Local Orange Agent

Sale History for 2031 W Palmyra Ave

Last sold for $2,400,000 on January 5th, 2022

  • January, 2022

  • Jan 6, 2022

    Date

    Sold

    CRMLS: LG21206072

    $2,400,000

    Price

  • Sep 17, 2021

    Date

    Active

    CRMLS: LG21206072

    $2,900,000

    Price

  • March, 2006

  • Mar 17, 2006

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2031 W Palmyra Ave

Assessed Value (2020): $459,427
Year Land Value Improved Value Assessed Value
2020 $344,210 $115,217 $459,427

Home Value Compared to the Market

This property vs the competition

2031 W Palmyra Ave sold on January 5, 2022 for 176.19% 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 $586.57 per/sqft which puts the price per square foot 4% lower than the current median sale per square foot for the city of Orange.

About 2031 W Palmyra Ave

Detailed summary of property

2031 W Palmyra Ave is a multi family that recently sold in Orange, CA 92868. This multi family property offered 10 bedrooms, 8 bathrooms, roughly 4,944 living square feet, and sits on an approximately 14,810 square foot lot. 2031 W Palmyra Ave was first listed on ArdentRealEstateGroup.com on September 20, 2021. The homeowner sold the property for $2,400,000. 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 176.19% higher than the current median priced home. Local homes that are currently for sale include 900 E Chapman Ave, 1808 Cristine Pl and 7801 11th St. While the average home in Orange, CA is selling in 44 days, 2031 W Palmyra Ave has a days on market of 75 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 2031 W Palmyra Ave Orange, CA 92868 contact Ardent Real Estate Group and we will put you in touch with one of our Orange agents.

Public Facts for 2031 W Palmyra Ave

Public county record property details
Beds
--
Baths
--
Year built
1964
Sq. Ft.
1,374
Lot Size
7,166
Stories
2
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
8
APN
390-222-31

The source for these homes facts are from public records.

92868 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$779,900
Median List Price/Sq.Ft.
$591
Median Sold Price
$920,000
Median Sold Price/Sq.Ft.
$568
Total Inventory
10
Median Sale to List Price %
101.1%
Avg Days on Market
33
Loan Type
Conventional (28.57%), FHA (14.29%), VA (14.29%), Cash (42.86%), Other (0%)

Thinking of Selling?

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

Homes for Sale Near 2031 W Palmyra Ave

Nearby Homes for Sale

402 W Fairway Dr, Orange, CA 92866
$2,200,000
9 Beds
8 Baths
4800 Sq.Ft.
402 W Fairway Dr
Orange, CA 92866
1026 N Shattuck Pl, Orange, CA 92867
$2,025,000
8 Beds
8 Baths
3552 Sq.Ft.
1026 N Shattuck Pl
Orange, CA 92867
12702 Morningside Ave, Garden Grove, CA 92843
$2,760,000
12 Beds
8 Baths
5340 Sq.Ft.
12702 Morningside Ave
Garden Grove, CA 92843
12621 Morningside Ave, Garden Grove, CA 92843
$2,799,000
12 Beds
8 Baths
5337 Sq.Ft.
12621 Morningside Ave
Garden Grove, CA 92843
12611 Morningside Ave, Garden Grove, CA 92843
$2,575,000
12 Beds
8 Baths
5337 Sq.Ft.
12611 Morningside Ave
Garden Grove, CA 92843
730 Kathleen, Orange, CA 92867
$2,000,000
9 Beds
8 Baths
4582 Sq.Ft.
730 Kathleen
Orange, CA 92867
2112 S Cindy Pl, Anaheim, CA 92802
$1,950,000
8 Beds
8 Baths
4438 Sq.Ft.
2112 S Cindy Pl
Anaheim, CA 92802
602 E Wilhelmina St, Anaheim, CA 92805
$2,150,000
6 Beds
6 Baths
1 Sq.Ft.
602 E Wilhelmina St
Anaheim, CA 92805
1551 W Ball Rd, Anaheim, CA 92802
$2,699,900
10 Beds
8 Baths
5276 Sq.Ft.
1551 W Ball Rd
Anaheim, CA 92802
1134 N Mayfair Ave, Anaheim, CA 92801
$2,200,000
12 Beds
6 Baths
5028 Sq.Ft.
1134 N Mayfair Ave
Anaheim, CA 92801
216 W Santa Fe Ave, Placentia, CA 92870
$2,429,000
36 Beds
37 Baths
3750 Sq.Ft.
216 W Santa Fe Ave
Placentia, CA 92870
709 E Santa Fe Ave, Fullerton, CA 92831
$2,125,000
6 Beds
6 Baths
4430 Sq.Ft.
709 E Santa Fe Ave
Fullerton, CA 92831

Recently Sold Homes Near 2031 W Palmyra Ave

2111 W Palmyra Ave, Orange, CA 92868
$1,240,000 Last Sold Price
5 Beds
4 Baths
2840 Sq.Ft.
2111 W Palmyra Ave
Orange, CA 92868
340 S Bedford Rd, Orange, CA 92868
$730,000 Last Sold Price
4 Beds
2 Baths
2035 Sq.Ft.
340 S Bedford Rd
Orange, CA 92868
1522 W Almond Ave, Orange, CA 92868
$30,000,000 Last Sold Price
156 Beds
114 Baths
73920 Sq.Ft.
1522 W Almond Ave
Orange, CA 92868
125 N Fir St, Orange, CA 92868
$1,100,000 Last Sold Price
6 Beds
3 Baths
2491 Sq.Ft.
125 N Fir St
Orange, CA 92868

Related Resources to 2031 W Palmyra Ave

New Listings in 92868
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