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323 Catalpa Ave, Brea, CA 92821
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323 Catalpa Ave Brea, CA 92821

$1,750,000 Sold Price as of 11/08/2022
  • 6 Beds
  • 6 Baths
  • 3,804 Sq.Ft.
Sold
$1,750,000 Sold Price as of 11/08/2022 Refinance Your Mortgage
Map preview of 323 Catalpa Ave, Brea, CA 92821

Property Overview: 323 Catalpa Ave Brea, CA has 6 bedrooms, 6 bathrooms, 3,804 living square feet and 7,680 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great investment property - 6 unit (1 bedroom / 1 bathroom units) apartment complex, located in a quiet residential neighborhood. Onsite coin operated laundry room. Assigned onsite parking.

Listed by Todd Rigby | BRE #01898463 | Rigby and Associates RE
Last checked: 7 minutes ago | Last updated: November 9th, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
7,680
HOA Dues
$0/mo
Year built
1961
Garage
--
Property Type:
Apartment
Status
Sold
MLS#
PW22210037
City
Brea
County
Orange
Time on Site
586 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
  • # of Leased Units: 6
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $7,500
  • Pro Forma/Market Rent: $7,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $77,000
  • Net Operating Income: $44,500
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $32,500
  • Trash: $1,900
  • Insurance: $2,400
  • Professional Management: $6,300
  • Water/Sewer: $1,900

Property Details for 323 Catalpa Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate
  • Kitchen
Interior Features
  • Levels: Two
  • Window Features: Double Pane Windows, Insulated Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Lot 6500-9999, Rectangular Lot, Level
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 29342302
  • Year Built Source: Assessor
  • Foundation Details: Slab
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: /
  • Directions: from Imperial Hwy and Brea blvd, go west on Imperial Hwy. Turn left on S Catalpa, Lf on Catalpa.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
View more facts & features

Local Brea Agent

Sale History for 323 Catalpa Ave

Last sold for $1,750,000 on November 8th, 2022

  • November, 2022

  • Nov 8, 2022

    Date

    Sold

    CRMLS: PW22210037

    $1,750,000

    Price

  • Sep 27, 2022

    Date

    Active

    CRMLS: PW22210037

    $1,700,000

    Price

  • December, 2021

  • Dec 2, 2021

    Date

    Active

    CRMLS: PW21258131

    $1,350

    Price

  • Listing provided courtesy of CRMLS

    Here is a one bedroom, one bathroom ground floor end unit in a 6 complex building, in a quiet residential area of Brea. Within walking distance to Arovista Park and Arovista Elementary School. Onsite laundry facilities available. Unit includes one covered parking space.

  • June, 2004

  • Jun 3, 2004

    Date

    Sold (Public Records)

    Public Records

    $296,000

    Price

Show More

Tax History for 323 Catalpa Ave

Assessed Value (2020): $186,145
Year Land Value Improved Value Assessed Value
2020 $94,934 $91,211 $186,145

Home Value Compared to the Market

This property vs the competition

323 Catalpa Ave sold on November 8, 2022 for 41.67% higher 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 $446.9 per/sqft which puts the price per square foot 25.64% lower than the current median sale per square foot for the city of Brea.

About 323 Catalpa Ave

Detailed summary of property

323 Catalpa Ave is a apartment that recently sold in Brea, CA 92821. This apartment offered 6 bedrooms, 6 bathrooms, roughly 3,804 living square feet, and sits on an approximately 7,680 square foot lot. 323 Catalpa Ave was first listed on ArdentRealEstateGroup.com on September 27, 2022. The homeowner sold the property for $1,750,000. 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 41.67% higher than the current median priced home. Local homes that are currently for sale include 6052 Homewood Ave, 938 S Gilbuck Dr and 16591 E Buena Vista Ave. While the average home in Brea, CA is selling in 41 days, 323 Catalpa Ave has a days on market of 10 days. There are currently 38 homes for sale in the Brea real estate market and 34 of them are single family homes while 4 of them are condos and 0 are townhomes. For more information on this home for sale at 323 Catalpa 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 323 Catalpa Ave

Public county record property details
Beds
--
Baths
--
Year built
1961
Sq. Ft.
3,804
Lot Size
7,519
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
--
APN
293-423-02

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%)

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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