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217 N Olive St, Anaheim, CA 92805
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217 N Olive St Anaheim, CA 92805

$1,300,000 Sold Price as of 04/29/2021
  • 5 Beds
  • 4 Baths
  • 2,861 Sq.Ft.
Sold
$1,300,000 Sold Price as of 04/29/2021 Refinance Your Mortgage
Map preview of 217 N Olive St, Anaheim, CA 92805

Property Overview: 217 N Olive St Anaheim, CA has 5 bedrooms, 4 bathrooms, 2,861 living square feet and 5,458 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: THIS PROPERTY HAS THE BEST RETURN OUT OF ALL PROPERTIES LISTED IN ANAHEIM! MILLS ACT = TAX SAVINGS OF HUNDREDS AND HUNDREDS PER MONTH! There are not many opportunities like this, in fact, this is the only opportunity of this nature for the last several years! A Mills Act income property! There are two meticulously maintained buildings and a two car detached garage. Building one has a long front porch and a foyer entry, similar to what you would see on the east coast. Entering the foyer you have a common greeting space and access to the downstairs, two bedroom unit, or upstairs there are two one bedroom units one with a bonus room. There is an adorable cottage on the other side of the back yard which also has one bedroom. The entire property was completely renovated during 2012 and 2013. New plumbing, electrical wiring, and a sewer line all the way out to the street was also put in. A new roof was put on the front building, which houses Apartments A, B, and C, as well as the back cottage and the garage. All units are cableready. Garage comes with 4 stackable washer/gas dryer units and 3 storage units. The tankless, gas water heater in the garage serves the washing machines.

Listed by Meghan Shigo | BRE #01243803 | Century 21 Award
Last checked: 16 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 174

Home details

Lot Sq. Ft
5,458
HOA Dues
$0/mo
Year built
1922
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW20186867
City
Anaheim
County
Orange
Time on Site
1325 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,975
  • Total Rent: $1,975
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,595
  • Total Rent: $1,595
  • Pro Forma/Market Rent: $1,625
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,775
  • Total Rent: $1,775
  • Pro Forma/Market Rent: $1,825
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $83,400
  • Net Operating Income: $69,763
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,788
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $2,503
  • Water/Sewer: $1,531

Property Details for 217 N Olive St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, See Remarks
Heating Information
  • Has Heating
  • Central, See Remarks
Laundry Information
  • Has Laundry
  • Dryer Included, Inside, Stackable, Washer Included
Fireplace Information
  • Has Fireplace
  • Decorative
Room Information
  • Kitchen, Laundry
Interior Features
  • Balcony
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition
  • Awning(s)
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Concrete, Garage
Lot Information
  • Lot Features: Back Yard, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 25507406
  • Year Built Source: Assessor
  • Architectural Style: Custom Built
  • Property is not Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Sewer Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: The Colony
  • Directions: easy to get to from the 5 and 91 freeways!
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Anaheim Agent

Sale History for 217 N Olive St

Last sold for $1,300,000 on April 29th, 2021

  • April, 2021

  • Apr 30, 2021

    Date

    Sold

    CRMLS: PW20186867

    $1,300,000

    Price

  • Mar 9, 2021

    Date

    Active Under Contract

    CRMLS: PW20186867

    $1,300,000

    Price

  • Dec 16, 2020

    Date

    Active

    CRMLS: PW20186867

    $1,300,000

    Price

  • Dec 15, 2020

    Date

    Active Under Contract

    CRMLS: PW20186867

    $1,300,000

    Price

  • Nov 25, 2020

    Date

    Price Change

    CRMLS: PW20186867

    $1,300,000

    Price

  • Oct 1, 2020

    Date

    Price Change

    CRMLS: PW20186867

    $1,399,000

    Price

  • Sep 9, 2020

    Date

    Price Change

    CRMLS: PW20186867

    $1,425,000

    Price

  • Sep 9, 2020

    Date

    Active

    CRMLS: PW20186867

    $1,450,000

    Price

  • June, 2012

  • Jun 28, 2012

    Date

    Sold (Public Records)

    Public Records

    $403,500

    Price

  • February, 2012

  • Feb 6, 2012

    Date

    Sold (Public Records)

    Public Records

    $361,307

    Price

Show More

Tax History for 217 N Olive St

Assessed Value (2020): $452,802
Year Land Value Improved Value Assessed Value
2020 $366,770 $86,032 $452,802

Home Value Compared to the Market

This property vs the competition

217 N Olive St sold on April 29, 2021 for 51.16% higher than the current median sold price for the city of Anaheim which is $860,000. The median sold price per/sqft for Anaheim is $536 and this home is sold at $454.39 per/sqft which puts the price per square foot 15.23% lower than the current median sale per square foot for the city of Anaheim.

About 217 N Olive St

Detailed summary of property

217 N Olive St is a multi family that recently sold in Anaheim, CA 92805. This multi family property offered 5 bedrooms, 4 bathrooms, roughly 2,861 living square feet, and sits on an approximately 5,458 square foot lot. 217 N Olive St was first listed on ArdentRealEstateGroup.com on September 9, 2020. The homeowner sold the property for $1,300,000. Home in Anaheim are selling for a median price of $860,000 and a median price per square foot of $536. Based on Ardent Real Estate Group's Anaheim Market Data, this home is sold 51.16% higher than the current median priced home. Local homes that are currently for sale include 7122 Natal Dr, 7122 Natal Dr and 7161 Main St. While the average home in Anaheim, CA is selling in 44 days, 217 N Olive St has a days on market of 174 days. There are currently 223 homes for sale in the Anaheim real estate market and 129 of them are single family homes while 66 of them are condos and 28 are townhomes. For more information on this home for sale at 217 N Olive St Anaheim, CA 92805 contact Ardent Real Estate Group and we will put you in touch with one of our Anaheim agents.

Public Facts for 217 N Olive St

Public county record property details
Beds
--
Baths
--
Year built
1922
Sq. Ft.
--
Lot Size
5,458
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
7
APN
255-074-06

The source for these homes facts are from public records.

92805 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$795,000
Median List Price/Sq.Ft.
$548
Median Sold Price
$750,000
Median Sold Price/Sq.Ft.
$510
Total Inventory
62
Median Sale to List Price %
100%
Avg Days on Market
32
Loan Type
Conventional (36.84%), FHA (10.53%), VA (0%), Cash (42.11%), Other (5.26%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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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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