2074 N Highland St, Orange, CA 92865
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2074 N Highland St Orange, CA 92865

$1,475,000 Sold Price as of 04/22/2019
  • 9 Beds
  • 8 Baths
  • 4,744 Sq.Ft.
Sold
$1,475,000 Sold Price as of 04/22/2019 Refinance Your Mortgage

Map preview of 2074 N Highland St, Orange, CA 92865

Property Overview: 2074 N Highland St Orange, CA has 9 bedrooms, 8 bathrooms, 4,744 living square feet and 8,840 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The Highland Street Apartments is a four unit apartment building located in the strong rental market of Orange, California within the Greater Orange County area. The property has a desirable unit mix which consisting of (1) large three bed/ two bath unit and (3) two bed/ two bath units totaling 4,744 square feet, situated on a 8,840 square foot lot. The building has recently gone through extensive interior and exterior renovations and offers tenants several amenities which include: on-site enclosed garage parking, an on-site laundry room, and spacious courtyard with BBQ area. This offering presents an opportunity for an investor to acquire a Pride of Ownership, low expense, stable investment in the desirable rental market of Orange. The location offers high visibility in an area known for its strong tenancy, good rent growth, and a historically high occupancy rate.

Listed by Greg Bassirpou | BRE #01365951 | Marcus & Millichap RE Invest
Last checked: 5 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 59

Home details

Lot Sq. Ft
8,840
HOA Dues
$0/mo
Year built
1968
Garage
5 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC19024562
City
Orange
County
Orange
Time on Site
1388 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: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,675
  • Total Rent: $2,675
  • Pro Forma/Market Rent: $2,995
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $5,600
  • Total Rent: $5,600
  • Pro Forma/Market Rent: $6,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $99,300
  • Net Operating Income: $71,616
  • Gross Operating Income: --
  • Other Income 1: $840
Annual Expense Breakdown
  • Total Operating Expense: $26,521
  • Electric: $1,250
  • Gas/Fuel: $1,250
  • New Taxes: $16,445
  • Trash: $1,250
  • Insurance: $1,376
  • Water/Sewer: $1,250

Property Details for 2074 N Highland St

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: 5
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: Near Public Transit
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 37213201
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Please do not disturb tenants. Make all offers subject to inspection.
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
View more facts & features

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Sale History for 2074 N Highland St

Last sold for $1,475,000 on April 22nd, 2019
  • November, 2021

  • Nov 30, 2021

    Date

    Hold

    CRMLS: TR21132811

    $1,590,000

    Price

  • Sep 1, 2021

    Date

    Active Under Contract

    CRMLS: TR21132811

    $1,590,000

    Price

  • Aug 13, 2021

    Date

    Hold

    CRMLS: TR21132811

    $1,590,000

    Price

  • Jun 19, 2021

    Date

    Active

    CRMLS: TR21132811

    $1,590,000

    Price

  • Listing provided courtesy of CRMLS

    one 4 bed/3 bath, three 2 bed/2 bath. New plumbing fixtures, new partial roof, attached garages, well maintained fenced front and back yard. Coin-Op laundry.

  • April, 2019

  • Apr 23, 2019

    Date

    Sold

    CRMLS: OC19024562

    $1,475,000

    Price

  • Apr 3, 2019

    Date

    Pending

    CRMLS: OC19024562

    $1,495,000

    Price

  • Feb 1, 2019

    Date

    Active

    CRMLS: OC19024562

    $1,495,000

    Price

  • April, 2019

  • Apr 22, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,475,000

    Price

  • January, 2019

  • Jan 31, 2019

    Date

    Canceled

    CRMLS: OC18262245

    $1,495,000

    Price

  • Jan 8, 2019

    Date

    Price Change

    CRMLS: OC18262245

    $1,495,000

    Price

  • Dec 4, 2018

    Date

    Price Change

    CRMLS: OC18262245

    $1,525,000

    Price

  • Oct 30, 2018

    Date

    Active

    CRMLS: OC18262245

    $1,550,000

    Price

  • Listing provided courtesy of CRMLS

    Four unit apartment building located in the strong rental market of Orange, California within the Greater Orange County area. The property has a desirable unit mix which consisting of (1) large three bed/ two bath unit and (3) two bed/ two bath units totaling 4,744 square feet, situated on a 8,840 square foot lot. The building has recently gone through extensive interior and exterior renovations and offers tenants several amenities which include: on-site enclosed garage parking, an on-site laundry room, and spacious courtyard with BBQ area. This offering presents an opportunity for an investor to acquire a Pride of Ownership, low expense, stable investment in the desirable rental market of Orange. The location offers high visibility in an area known for its strong tenancy, good rent growth, and a historically high occupancy rate.

  • March, 2018

  • Mar 12, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,015,000

    Price

Show More

Tax History for 2074 N Highland St

Assessed Value (2020): $1,504,500
Year Land Value Improved Value Assessed Value
2020 $1,096,500 $408,000 $1,504,500

Home Value Compared to the Market

This property vs the competition

2074 N Highland St sold on April 22, 2019 for 42.38% 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 $315.13 per/sqft which puts the price per square foot 48.42% lower than the current median sale per square foot for the city of Orange.

About 2074 N Highland St

Detailed summary of property

2074 N Highland St is a multi family that recently sold in Orange, CA 92865. This multi family property offered 9 bedrooms, 8 bathrooms, roughly 4,744 living square feet, and sits on an approximately 8,840 square foot lot. 2074 N Highland St was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,475,000. 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 42.38% higher than the current median priced home. Local homes that are currently for sale include 17061 Whitby Cir, 1128 W Diamond and 728 W Romneya Dr. While the average home in Orange, CA is selling in 45 days, 2074 N Highland St has a days on market of 59 days. There are currently 158 homes for sale in the Orange real estate market and 125 of them are single family homes while 27 of them are condos and 6 are townhomes. For more information on this home for sale at 2074 N Highland St Orange, CA 92865 contact Ardent Real Estate Group and we will put you in touch with one of our Orange agents.

Public Facts for 2074 N Highland St

Public county record property details
Beds
--
Baths
--
Year built
1968
Sq. Ft.
4,745
Lot Size
8,837
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
10
APN
372-132-01

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
$999,900
Median List Price/Sq.Ft.
$617
Median Sold Price
$905,000
Median Sold Price/Sq.Ft.
$577
Total Inventory
23
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%)

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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.