Search
208 W Hoover Ave, Orange, CA 92867
Image 2 for 208 W Hoover Ave, Orange, CA 92867
Image 3 for 208 W Hoover Ave, Orange, CA 92867
View Photos

208 W Hoover Ave Orange, CA 92867

$6,390,000
  • 24 Beds
  • 20 Baths
  • 12,054 Sq.Ft.
For Sale
$6,390,000 Get Pre-Qualified
Map preview of 208 W Hoover Ave, Orange, CA 92867

Property Overview: 208 W Hoover Ave Orange, CA has 24 bedrooms, 20 bathrooms, 12,054 living square feet and 18,296 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Located in the heart of the highly sought-after city of Orange, this 20-unit apartment building presents a compelling investment proposition with significant upside potential in rental income. Comprising of 16 one-bedroom, one-bathroom units, and four spacious two-bedroom, one-bathroom units, this property caters to a wide range of tenant needs. 16 One-Bedroom, One-Bathroom Units: These well-appointed units provide comfortable living spaces for singles or couples, offering modern amenities and privacy. 4 Two-Bedroom, One-Bathroom Units: Designed for families or those desiring extra space, these units are highly attractive to a broader tenant base. This property boasts ample parking for residents with 16 garage parking spaces and an additional 6 surface parking spaces. The convenience of dedicated parking enhances tenant satisfaction and retention. The building has separate meters for electricity and a master meter for gas and water, creating the perfect foundation for implementing a Ratio Utility Billing System (RUBS) program. This opens the door to an additional revenue stream and allows for a more equitable distribution of utility costs among tenants. Situated in the thriving city of Orange, this apartment building enjoys a prime location within a highly desirable rental market. Orange is known for its vibrant community, excellent schools, and proximity to major employers, making it an attractive destination for both residents and investors alike.

Listed by Jason Kirklen | BRE #01939655 | Kirklen Investment Group
Last checked: 29 seconds ago | Last updated: April 11th, 2024 | Source CRMLS | DOM: 19
Get a $19,170 Cash Reward New

Buy this home with Ardent Real Estate Group and get $19,170 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
18,296
HOA Dues
$0/mo
Year built
1961
Garage
20 Car
Property Type:
Apartment
Status
Active
MLS#
OC24071998
City
Orange
County
Orange
Time on Site
27 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 20
  • Total # of Buildings: 2
  • # of Electric Meters: 20
  • # of Gas Meters: 20
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 16
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,912
  • Total Rent: $30,595
  • Pro Forma/Market Rent: $2,080
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,383
  • Total Rent: $9,530
  • Pro Forma/Market Rent: $2,592
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $481,500
  • Net Operating Income: $320,340
  • Gross Operating Income: --
  • Other Income 1: $5,820
  • Other Income Description: RUBS
Annual Expense Breakdown
  • Total Operating Expense: $152,535
  • Electric: $7,486
  • Gas/Fuel: $6,579
  • Trash: $8,349
  • Insurance: $10,711
  • Professional Management: $17,900
  • Water/Sewer: $8,763

Open Houses for 208 W Hoover Ave

No upcoming open houses

Schedule Tour

Property Details for 208 W Hoover Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 20
  • # of Parking Spaces: 20
Lot Information
  • Lot Features: 16-20 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 20
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 55 North, L East Katella, L Glassell, R Hoover
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks
View more facts & features

Local Orange Agent

Sale History for 208 W Hoover Ave

Last sold on August 16th, 2010

  • April, 2024

  • Apr 11, 2024

    Date

    Active

    CRMLS: OC24071998

    $6,390,000

    Price

  • December, 2023

  • Dec 8, 2023

    Date

    Canceled

    CRMLS: OC23181369

    $6,390,000

    Price

  • Sep 28, 2023

    Date

    Active

    CRMLS: OC23181369

    $6,390,000

    Price

  • Listing provided courtesy of CRMLS

    Located in the heart of the highly sought-after city of Orange, this 20-unit apartment building presents a compelling investment proposition with significant upside potential in rental income. Comprising of 16 one-bedroom, one-bathroom units, and four spacious two-bedroom, one-bathroom units, this property caters to a wide range of tenant needs. 16 One-Bedroom, One-Bathroom Units: These well-appointed units provide comfortable living spaces for singles or couples,offering modern amenities and privacy. 4 Two-Bedroom, One-Bathroom Units: Designed for families or those desiringextra space, these units are highly attractive to a broader tenant base. This property boasts ample parking for residents with 16 garage parking spaces and an additional 6 surface parking spaces. The convenience of dedicated parking enhances tenant satisfaction and retention. The building has separate meters for electricity and a master meter for gas and water, creating the perfect foundation for implementing a Ratio Utility Billing System (RUBS) program. This opens the door to an additional revenue stream and allows for a more equitable distribution of utility costs among tenants. Situated in the thriving city of Orange, this apartment building enjoys a prime location within a highly desirable rental market. Orange is known for its vibrant community, excellent schools, and proximity to major employers, making it an attractive destination for both residents and investors alike

  • August, 2010

  • Aug 16, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 208 W Hoover Ave

Assessed Value (2020): $910,117
Year Land Value Improved Value Assessed Value
2020 $692,160 $217,957 $910,117

Home Value Compared to the Market

This property vs the competition

208 W Hoover Ave is listed 480.91% higher than the median list price for the city of Orange which has a median list price of $1,100,000. The median price per/sqft for Orange is $620 and this home is listed at $530.11 per/sqft which puts the price per square foot 14.5% lower than the median price per square foot for the city of Orange.

About 208 W Hoover Ave

Detailed summary of property

208 W Hoover Ave is a apartment located in Orange, CA 92867 and is currently for sale. This apartment offers 24 bedrooms, 20 bathrooms, roughly 12,054 living square feet, and sits on an approximately 18,296 square foot lot. 208 W Hoover Ave was first listed on ArdentRealEstateGroup.com on April 11, 2024. The homeowner is currently asking $6,390,000. The median priced home in Orange is $1,100,000 with a median price per square foot of $620. Based on Ardent Real Estate Group's Orange Market Data, this home is listed 480.91% higher than the median priced home. Local competing homes currently for sale include 826 N Barranca Ave, 716 W Phillips St and 3168 Wabash Ave. While the average home in Orange, CA is selling in 44 days, 208 W Hoover Ave has a days on market of 19 days. There are currently 159 homes for sale in the Orange real estate market and 126 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 208 W Hoover 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 208 W Hoover Ave

Public county record property details
Beds
--
Baths
--
Year built
1961
Sq. Ft.
6,027
Lot Size
9,520
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
6
APN
375-283-04

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
43
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%)

Tour This Home

Buy with Ardent Real Estate Group and save $19,170.

Image Description
Contact Jon
Orange Agent
Call, Text or Message
(714) 706-1823
Get a $19,170 Cash Reward New

Buy this home with Ardent Real Estate Group and get $19,170 back.

Call/Text (714) 706-1823

Homes for Sale Near 208 W Hoover Ave

Nearby Homes for Sale

4015 Marcus Ave, Newport Beach, CA 92663
$5,350,000
5 Beds
3 Baths
2608 Sq.Ft.
4015 Marcus Ave
Newport Beach, CA 92663
4015 Marcus Ave, Newport Beach, CA 92663
$5,350,000
10 Beds
6 Baths
2608 Sq.Ft.
4015 Marcus Ave
Newport Beach, CA 92663
3912 River Ave, Newport Beach, CA 92663
$5,495,000
5 Beds
6 Baths
2906 Sq.Ft.
3912 River Ave
Newport Beach, CA 92663
506 E Oceanfront, Newport Beach, CA 92661
$5,995,000
7 Beds
5 Baths
3044 Sq.Ft.
506 E Oceanfront
Newport Beach, CA 92661
1809 W Bay Ave, Newport Beach, CA 92663
$5,295,000
4 Beds
4 Baths
3078 Sq.Ft.
1809 W Bay Ave
Newport Beach, CA 92663
166 Fairview St, Laguna Beach, CA 92651
$5,995,000
5 Beds
4 Baths
2700 Sq.Ft.
166 Fairview St
Laguna Beach, CA 92651
166 Fairview St, Laguna Beach, CA 92651
$5,995,000
5 Beds
4 Baths
2700 Sq.Ft.
166 Fairview St
Laguna Beach, CA 92651
5571 E Seaside, Long Beach, CA 90803
$5,500,000
4 Beds
3 Baths
2628 Sq.Ft.
5571 E Seaside
Long Beach, CA 90803

Recently Sold Homes Near 208 W Hoover Ave

122 W Almond Ave, Orange, CA 92866
$1,200,000 Last Sold Price
3 Beds
4 Baths
1990 Sq.Ft.
122 W Almond Ave
Orange, CA 92866
304 N Glassell St, Orange, CA 92866
$1,500,000 Last Sold Price
5 Beds
5 Baths
3036 Sq.Ft.
304 N Glassell St
Orange, CA 92866
245 S Pixley St, Orange, CA 92868
$1,058,000 Last Sold Price
6 Beds
6 Baths
2968 Sq.Ft.
245 S Pixley St
Orange, CA 92868
616 W Almond Ave, Orange, CA 92868
$1,256,000 Last Sold Price
6 Beds
6 Baths
2992 Sq.Ft.
616 W Almond Ave
Orange, CA 92868

Related Resources to 208 W Hoover Ave

New Listings in 92867
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.

Call