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2111 W Palmyra Ave, Orange, CA 92868
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2111 W Palmyra Ave Orange, CA 92868

$1,240,000 Sold Price as of 08/12/2022
  • 5 Beds
  • 4 Baths
  • 2,840 Sq.Ft.
Sold
$1,240,000 Sold Price as of 08/12/2022 Refinance Your Mortgage
Map preview of 2111 W Palmyra Ave, Orange, CA 92868

Property Overview: 2111 W Palmyra Ave Orange, CA has 5 bedrooms, 4 bathrooms, 2,840 living square feet and 7,405 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Beautiful Pride of Ownership Triplex in the City of Orange meticulously maintained. Property consists of one 3BR / 2BA with fireplace, and two 1BR / 1BA townhome style units. Property has major renovations including Presidential roof shingles, Blue Pearl Granite countertops, KraftMaid kitchen cabinets, backsplash, upgraded bathrooms and flooring, new garage door, and newer dryer in income producing laundry room. Long term tenants. Convenient location near freeways, Chapman University, St. Joseph's Hospital, and CHOC hospital. 3 enclosed garages plus additional on-site parking. Plenty of upside in rents! Per owner, the 3BR unit is 1,340 sq ft, and both 1BR units are 750 sq ft each. Buyer to evaluate and and make their own determination on square footage. Offer subject to interior inspection.

Listed by Carlo Sparacino | BRE #01849499 | Joseph Sparacino, Broker
Co-listed by Joseph Sparacino | BRE #01034547 | Joseph Sparacino, Broker
Last checked: 1 minute ago | Last updated: August 14th, 2022 | Source CRMLS | DOM: 41

Home details

Lot Sq. Ft
7,405
HOA Dues
$0/mo
Year built
1964
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC22117640
City
Orange
County
Orange
Time on Site
690 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,075
  • Total Rent: $1,075
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,975
  • Total Rent: $1,975
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $52,200
  • Net Operating Income: $33,020
  • Gross Operating Income: --
  • Laundry Income: $1,200
Annual Expense Breakdown
  • Total Operating Expense: $19,180
  • Electric: $90
  • Gas/Fuel: $1,200
  • Trash: $600
  • Gardener: $500
  • Insurance: $1,200
  • Water/Sewer: $1,400

Property Details for 2111 W Palmyra Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • Has Fireplace
  • Master Bedroom
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: 3
  • Has Parking
  • Parking Features: Garage - Single Door, Garage - Two Door
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 39022228
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Other
  • Directions: Cross Streets: South Flower St. / South Devon Rd.
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban
View more facts & features

Local Orange Agent

Sale History for 2111 W Palmyra Ave

Last sold for $1,240,000 on August 12th, 2022

  • August, 2022

  • Aug 12, 2022

    Date

    Sold

    CRMLS: OC22117640

    $1,240,000

    Price

  • Jun 2, 2022

    Date

    Active

    CRMLS: OC22117640

    $1,290,000

    Price

  • March, 2004

  • Mar 19, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2111 W Palmyra Ave

Assessed Value (2020): $131,656
Year Land Value Improved Value Assessed Value
2020 $53,927 $77,729 $131,656

Home Value Compared to the Market

This property vs the competition

2111 W Palmyra Ave sold on August 12, 2022 for 24.64% higher than the current median sold price for the city of Orange which is $1,035,000. The median sold price per/sqft for Orange is $596 and this home is sold at $454.23 per/sqft which puts the price per square foot 23.79% lower than the current median sale per square foot for the city of Orange.

About 2111 W Palmyra Ave

Detailed summary of property

2111 W Palmyra Ave is a multi family that recently sold in Orange, CA 92868. This multi family property offered 5 bedrooms, 4 bathrooms, roughly 2,840 living square feet, and sits on an approximately 7,405 square foot lot. 2111 W Palmyra Ave was first listed on ArdentRealEstateGroup.com on June 2, 2022. The homeowner sold the property for $1,240,000. Home in Orange are selling for a median price of $1,035,000 and a median price per square foot of $596. Based on Ardent Real Estate Group's Orange Market Data, this home is sold 24.64% higher than the current median priced home. Local homes that are currently for sale include 7122 Natal Dr, 8402 Slater Ave and 7122 Natal Dr. While the average home in Orange, CA is selling in 44 days, 2111 W Palmyra Ave has a days on market of 41 days. There are currently 160 homes for sale in the Orange real estate market and 123 of them are single family homes while 29 of them are condos and 8 are townhomes. For more information on this home for sale at 2111 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 2111 W Palmyra Ave

Public county record property details
Beds
--
Baths
--
Year built
1964
Sq. Ft.
1,190
Lot Size
7,132
Stories
2
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
5
APN
390-222-28

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.
$589
Median Sold Price
$590,000
Median Sold Price/Sq.Ft.
$638
Total Inventory
10
Median Sale to List Price %
102.61%
Avg Days on Market
11
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (33.33%), Other (16.67%)

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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