311 S Orange Ave, Brea, CA 92821
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311 S Orange Ave Brea, CA 92821

$820,000 Sold Price as of 09/14/2021
  • 3 Beds
  • 2 Baths
  • 1,746 Sq.Ft.
Sold
$820,000 Sold Price as of 09/14/2021 Refinance Your Mortgage

Map preview of 311 S Orange Ave, Brea, CA 92821

Property Overview: 311 S Orange Ave Brea, CA has 3 bedrooms, 2 bathrooms, 1,746 living square feet and 6,970 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Incredible “Once in a lifetime opportunity” to get the type of property EVERYONE is looking for… TWO ON A LOT! These TWO SINGLE FAMILY RESIDENCES on ONE lot, not only bring incredible income potential for years to come but also are in nice rental condition, being freshly painted inside and outside and have been recently upgraded. Starts with twin Palm trees greeting your walkway then into flower lined planters and a lush front lawn, more palm trees accenting the front, all highlighting the gorgeous curb appeal of this lovely Spanish architecture home. Beautiful sitting front porch and dual French doors near the entry with a majestic picture window then into the spacious living room with vintage hardwood floors, arched doorway accents all around, wall AC unit, all anchored by a beautiful brick fireplace. Don’t forget the extra-large formal dining room with French doors to the front sitting porch. The extra spacious kitchen has a brand-new GE four burner range, large pantry and an abundance of counter and cabinet space, even has a quaint breakfast nook that could be used as a third bedroom. Large interior laundry room with utility cabinets. Bathroom is very spacious with a shower over tub combination with tiled shower walls and newer fixtures even has a built-in medicine cabinet. A wall of linen closets and drawers is at the end of the hallway and both bedrooms are very spacious and light and bright with their own walk-in closets and dressers built-in. An extra-large backyard between the two homes can be used by either tenants with a detached garage and block wall fencing. Back house is one bedroom, one bath and has brand new flooring vinyl plank, wall air conditioning unit, a brand new GE4 burner range, inside laundry room off kitchen with wash basin and lots of utility cabinets above. Spacious kitchen also has the beautiful new vinyl plank flooring, new GE four burner range and stainless steel vented hood. A wall of Built-in linen closets and drawers at the end of the hallway. Bathroom has a shower over tub combo, pedestal sink and newer toilet and bedroom is extra spacious. Back unit has its own driveway with room for two cars, and an oversized shed for extra storage. A Rare opportunity!

Listed by Ron Arnold | BRE #01338671 | Keller Williams Realty
Co-listed by Susan Arnold | BRE #01910214 | Keller Williams Realty
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 9

Home details

Lot Sq. Ft
6,970
HOA Dues
$0/mo
Year built
1929
Garage
1 Car
Property Type:
Duplex
Status
Sold
MLS#
PW21175136
City
Brea
County
Orange
Time on Site
998 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,475
  • Total Rent: $2,475
  • Pro Forma/Market Rent: $2,475
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.98%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $51,900
  • Net Operating Income: $44,876
  • Gross Operating Income: $51,900
Annual Expense Breakdown
  • Total Operating Expense: $7,024
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $1,069
  • Trash: $0
  • Gardener: $1,040
  • Insurance: $1,163
  • Professional Management: $1,650
  • Water/Sewer: $2,102

Property Details for 311 S Orange Ave

Interior Features
Cooling Information
  • Has Cooling
  • See Remarks
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Kitchen, Individual Room
Fireplace Information
  • Has Fireplace
  • Living Room, Masonry
Room Information
  • Flooring: Vinyl, Wood
  • Kitchen, Laundry, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Gas Range
Interior Features
  • Levels: One
  • Window Features: Wood Frames
Exterior Features
Exterior Information
  • Has Fence
  • Block
  • Other Structures: Two On A Lot
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Driveway, Garage
Lot Information
  • Lot Features: Rectangular Lot, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 28423318
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Sewer Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Other
  • Directions: Imperial and Brea Blvd
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Suburban
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Sale History for 311 S Orange Ave

Last sold for $820,000 on September 14th, 2021
  • September, 2021

  • Sep 14, 2021

    Date

    Sold

    CRMLS: PW21175136

    $820,000

    Price

  • Aug 23, 2021

    Date

    Pending

    CRMLS: PW21175136

    $750,000

    Price

  • Aug 18, 2021

    Date

    Hold

    CRMLS: PW21175136

    $750,000

    Price

  • Aug 9, 2021

    Date

    Active

    CRMLS: PW21175136

    $750,000

    Price

  • July, 2005

  • Jul 27, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 311 S Orange Ave

Assessed Value (2020): $53,554
Year Land Value Improved Value Assessed Value
2020 $22,188 $31,366 $53,554

Home Value Compared to the Market

This property vs the competition

311 S Orange Ave sold on September 14, 2021 for 37.5% lower than the current median sold price for the city of Brea which is $1,200,000. The median sold price per/sqft for Brea is $601 and this home is sold at $429.55 per/sqft which puts the price per square foot 28.53% lower than the current median sale per square foot for the city of Brea.

About 311 S Orange Ave

Detailed summary of property

311 S Orange Ave is a duplex that recently sold in Brea, CA 92821. This duplex offered 3 bedrooms, 2 bathrooms, roughly 1,746 living square feet, and sits on an approximately 6,970 square foot lot. 311 S Orange Ave was first listed on ArdentRealEstateGroup.com on August 9, 2021. The homeowner sold the property for $820,000. Home in Brea are selling for a median price of $1,200,000 and a median price per square foot of $601. Based on Ardent Real Estate Group's Brea Market Data, this home is sold 37.5% lower than the current median priced home. Local homes that are currently for sale include 700 Keenan Ave, 1156 W Stoneridge Court and 5414 E Beverly Blvd. While the average home in Brea, CA is selling in 40 days, 311 S Orange Ave has a days on market of 9 days. There are currently 40 homes for sale in the Brea real estate market and 35 of them are single family homes while 4 of them are condos and 1 are townhomes. For more information on this home for sale at 311 S Orange Ave Brea, CA 92821 contact Ardent Real Estate Group and we will put you in touch with one of our Brea agents.

Public Facts for 311 S Orange Ave

Public county record property details
Beds
2
Baths
1
Year built
1929
Sq. Ft.
1,174
Lot Size
6,905
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
3
APN
284-233-18

The source for these homes facts are from public records.

92821 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,100,000
Median List Price/Sq.Ft.
$548
Median Sold Price
$1,185,150
Median Sold Price/Sq.Ft.
$589
Total Inventory
32
Median Sale to List Price %
118.52%
Avg Days on Market
19
Loan Type
Conventional (59.09%), FHA (0%), VA (0%), Cash (22.73%), Other (18.18%)

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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.