3811 W Park Balboa Ave, Orange, CA 92868
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3811 W Park Balboa Ave Orange, CA 92868

$1,150,000 Sold Price as of 02/03/2022
  • 6 Beds
  • 5 Baths
  • 2,925 Sq.Ft.
Sold
$1,150,000 Sold Price as of 02/03/2022 Refinance Your Mortgage

Map preview of 3811 W Park Balboa Ave, Orange, CA 92868

Property Overview: 3811 W Park Balboa Ave Orange, CA has 6 bedrooms, 5 bathrooms, 2,925 living square feet and 6,534 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great investment opportunity to buy a spacious duplex in an excellent neighborhood of Orange. Duplexes in this area are rarely available. Large units of apx. 1500 sq. feet each. Three bedrooms. 2.5 baths, each with a fireplace, a large primary suite and private bath and a 2-car garage. Convenient location next to 22 & 57 freeways, UCI Medical Center, The Block of Orange, restaurants, and retail. Just a few minutes to Disneyland, Chapman University and Old Town Orange. Long-term tenants with low rents. Showings available only with an acceptable offer. Property sold with tenants.

Listed by Derf Fredericks | BRE #00491652 | The Realestate Group
Co-listed by Daniel Fredericks | BRE #01903928 | The Realestate Group
Last checked: 1 minute ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 19

Home details

Lot Sq. Ft
6,534
HOA Dues
$0/mo
Year built
1978
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
SB21264877
City
Orange
County
Orange
Time on Site
877 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,775
  • Total Rent: $1,775
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,150
  • Total Rent: $2,150
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $47,100
  • Net Operating Income: $37,680
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $9,420
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 3811 W Park Balboa Ave

Interior Features
Laundry Information
  • Has Laundry
  • Washer Hookup
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Total # of Units: 2
  • Parcel Number: 23128112
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Private Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Park City Duplexes (PKCT)
  • Directions: W of City Drive/S of 22 Freeway
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Orange Agent

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Sale History for 3811 W Park Balboa Ave

Last sold for $1,150,000 on February 3rd, 2022
  • January, 2022

  • Jan 5, 2022

    Date

    Pending

    CRMLS: SB21264877

    $1,099,000

    Price

  • May, 1994

  • May 11, 1994

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 3811 W Park Balboa Ave

Assessed Value (2020): $345,963
Year Land Value Improved Value Assessed Value
2020 $97,605 $248,358 $345,963

Home Value Compared to the Market

This property vs the competition

3811 W Park Balboa Ave sold on February 3, 2022 for 4.67% higher than the current median sold price for the city of Orange which is $1,050,000. The median sold price per/sqft for Orange is $611 and this home is sold at $375.73 per/sqft which puts the price per square foot 38.51% lower than the current median sale per square foot for the city of Orange.

About 3811 W Park Balboa Ave

Detailed summary of property

3811 W Park Balboa Ave is a multi family that recently sold in Orange, CA 92868. This multi family property offered 6 bedrooms, 5 bathrooms, roughly 2,925 living square feet, and sits on an approximately 6,534 square foot lot. 3811 W Park Balboa Ave was first listed on ArdentRealEstateGroup.com on December 15, 2021. The homeowner sold the property for $1,150,000. Home in Orange are selling for a median price of $1,050,000 and a median price per square foot of $611. Based on Ardent Real Estate Group's Orange Market Data, this home is sold 4.67% higher than the current median priced home. Local homes that are currently for sale include 8402 Slater Ave, 7122 Natal Dr and 7851 Cypress Dr. While the average home in Orange, CA is selling in 45 days, 3811 W Park Balboa Ave has a days on market of 19 days. There are currently 158 homes for sale in the Orange real estate market and 125 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 3811 W Park Balboa 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 3811 W Park Balboa Ave

Public county record property details
Beds
--
Baths
--
Year built
1978
Sq. Ft.
2,925
Lot Size
6,849
Stories
1
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
34
APN
231-281-12

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
$835,000
Median List Price/Sq.Ft.
$591
Median Sold Price
$920,000
Median Sold Price/Sq.Ft.
$568
Total Inventory
11
Median Sale to List Price %
101.1%
Avg Days on Market
33
Loan Type
Conventional (28.57%), FHA (14.29%), VA (14.29%), Cash (42.86%), Other (0%)

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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.