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409 Olive St, Placentia, CA 92870
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409 Olive St Placentia, CA 92870

$1,147,000 Sold Price as of 07/08/2022
  • 4 Beds
  • 3 Baths
  • 1,900 Sq.Ft.
Sold
$1,147,000 Sold Price as of 07/08/2022 Refinance Your Mortgage
Map preview of 409 Olive St, Placentia, CA 92870

Property Overview: 409 Olive St Placentia, CA has 4 bedrooms, 3 bathrooms, 1,900 living square feet and 6,250 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Two homes on one lot. Front house 3bed/2bath 1,300 SF fully renovated Front house and 2022 New construction fully permitted and approved ADU in the back consisting of 1 bedroom and 1 bath at 600 sf. with market rents at $3,600 and $2500. Drought tolerant landscape, and Fully paid off solar panels allow you to reduce your operating cost significantly, New electrical and PEX plumbing along with brand new roofs help you with close to zero maintenance costs while enjoying the use of high-end finishes and upgrades. Excellent location within a short walk to Downtown Placentia center of all shops and dining, close to Chapman University, also less than 0.2 miles from CalState Fullerton University. rent one and live in the other. Long driveway is great for RV/Boat park. Both homes are vacant.

Listed by Adrian Soumeeh | BRE #01964977 | Amir Soumeeh, Broker
Last checked: 14 minutes ago | Last updated: February 16th, 2024 | Source CRMLS | DOM: 22

Home details

Lot Sq. Ft
6,250
HOA Dues
$0/mo
Year built
1940
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
OC22127074
City
Placentia
County
Orange
Time on Site
683 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $2,300
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $3,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.8%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $74,000
  • Net Operating Income: $58,500
  • Gross Operating Income: $72,000
Annual Expense Breakdown
  • Total Operating Expense: $16,500
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $0
  • New Taxes: $14,300
  • Furniture Replacement: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $250
  • Insurance: $1,450
  • Maintenance: $0
  • Water/Sewer: $0

Property Details for 409 Olive St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • ENERGY STAR Qualified Equipment, Zoned
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Individual Room, Washer Hookup
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Dishwasher, Electric Range, Gas Oven, Gas Range, Microwave, Water Heater
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Shingle
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Tandem Uncovered
Lot Information
  • Lot Features: Landscaped
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Use map
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Placentia Agent

Sale History for 409 Olive St

Last leased for $3,900 on July 26th, 2023

  • July, 2023

  • Jul 26, 2023

    Date

    Leased

    CRMLS: PW23097463

    $3,900

    Price

  • Jun 2, 2023

    Date

    Active

    CRMLS: PW23097463

    $3,900

    Price

  • Listing provided courtesy of CRMLS

    UTILITIES INCLUDED. 3bed/2bath 1,300 SF fully renovated Front house. New flooring, kitchen, bathrooms and more. Drought tolerant landscape, and solar panels allow you to reduce your operating cost significantly, New electrical and PEX plumbing along with brand new roofs help you with close to zero maintenance costs while enjoying the use of high-end finishes and upgrades. Excellent location within a short walk to Downtown Placentia center of all shops and dining, less than 0.2 miles from Cal State Fullerton University.

  • October, 2022

  • Oct 24, 2022

    Date

    Leased

    CRMLS: PW22149632

    $2,400

    Price

  • Jul 9, 2022

    Date

    Active

    CRMLS: PW22149632

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    UTILITIES INCLUDED IN RENT...2022 New construction fully permitted and approved ADU in the back of lot consisting of 1 bedroom and 1 bath at 600 sf. Drought tolerant landscape, and Fully paid off solar panels allow you to reduce your operating cost significantly, New electrical and PEX plumbing along with brand new roofs help you with close to zero maintenance costs while enjoying the use of high-end finishes and upgrades. Excellent location within a short walk to Downtown Placentia center of all shops and dining, close to Chapman University, also less than 0.2 miles from Cal State Fullerton University. rent one and live in the other. Long driveway is great for RV/Boat park.

  • July, 2022

  • Jul 23, 2022

    Date

    Leased

    CRMLS: PW22149580

    $3,900

    Price

  • Jul 9, 2022

    Date

    Active

    CRMLS: PW22149580

    $3,600

    Price

  • Listing provided courtesy of CRMLS

    3bed/2bath 1,300 SF fully renovated Front house. New flooring, kitchen, bathrooms and more. Drought tolerant landscape, and solar panels allow you to reduce your operating cost significantly, New electrical and PEX plumbing along with brand new roofs help you with close to zero maintenance costs while enjoying the use of high-end finishes and upgrades. Excellent location within a short walk to Downtown Placentia center of all shops and dining, less than 0.2 miles from Cal State Fullerton University. (ADU in back also for lease $2,500.00 per month)

  • July, 2022

  • Jul 8, 2022

    Date

    Sold

    CRMLS: OC22127115

    $1,147,000

    Price

  • Jun 13, 2022

    Date

    Active

    CRMLS: OC22127115

    $1,175,000

    Price

  • Listing provided courtesy of CRMLS

  • July, 2022

  • Jul 8, 2022

    Date

    Sold

    CRMLS: OC22127074

    $1,147,000

    Price

  • Jun 13, 2022

    Date

    Active

    CRMLS: OC22127074

    $1,200,000

    Price

  • October, 2021

  • Oct 1, 2021

    Date

    Active Under Contract

    CRMLS: OC21185650

    $615,000

    Price

  • Sep 28, 2021

    Date

    Active

    CRMLS: OC21185650

    $615,000

    Price

  • Aug 24, 2021

    Date

    Active

    CRMLS: OC21185650

    $615,000

    Price

  • Aug 24, 2021

    Date

    Price Change

    CRMLS: OC21185650

    $615,000

    Price

  • Aug 24, 2021

    Date

    Hold

    CRMLS: OC21185650

    $590,000

    Price

  • Aug 22, 2021

    Date

    Coming Soon

    CRMLS: OC21185650

    $590,000

    Price

  • Listing provided courtesy of CRMLS

    Large Lot 6,200 sqft, High Ceilings, A Gem, single level home, 3 bedrooms, 2 baths, with laundry, laminate wood flooring flows throughout the main living areas and bedrooms. marble flooring in baths and kitchen. energy saver Solar Panels. EV plug. Large big yard with fruit trees and room to create your own Oasis. Seller and Selling agent make no warranties of square footage or any third-party information. Except as to the title. Selling As-Is.

  • April, 2015

  • Apr 10, 2015

    Date

    Sold (Public Records)

    Public Records

    $380,000

    Price

  • May, 2014

  • May 1, 2014

    Date

    Sold (Public Records)

    Public Records

    $225,000

    Price

Show More

Tax History for 409 Olive St

Assessed Value (2020): $417,595
Year Land Value Improved Value Assessed Value
2020 $393,285 $24,310 $417,595

Home Value Compared to the Market

This property vs the competition

409 Olive St sold on July 8, 2022 for 18.99% higher than the current median sold price for the city of Placentia which is $990,000. The median sold price per/sqft for Placentia is $555 and this home is sold at $620 per/sqft which puts the price per square foot 11.71% higher than the current median sale per square foot for the city of Placentia.

About 409 Olive St

Detailed summary of property

409 Olive St is a single family home that recently sold in Placentia, CA 92870. This house offered 4 bedrooms, 3 bathrooms, roughly 1,900 living square feet, and sits on an approximately 6,250 square foot lot. 409 Olive St was first listed on ArdentRealEstateGroup.com on June 13, 2022. The homeowner sold the property for $1,147,000. Home in Placentia are selling for a median price of $990,000 and a median price per square foot of $555. Based on Ardent Real Estate Group's Placentia Market Data, this home is sold 18.99% higher than the current median priced home. Local homes that are currently for sale include 914 Skymeadow Dr, 2213 Montague Circle and 2141 E Center St. While the average home in Placentia, CA is selling in 33 days, 409 Olive St has a days on market of 22 days. There are currently 68 homes for sale in the Placentia real estate market and 47 of them are single family homes while 19 of them are condos and 2 are townhomes. For more information on this home for sale at 409 Olive St Placentia, CA 92870 contact Ardent Real Estate Group and we will put you in touch with one of our Placentia agents.

Public Facts for 409 Olive St

Public county record property details
Beds
2
Baths
1
Year built
1932
Sq. Ft.
1,005
Lot Size
6,250
Stories
3
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
48
APN
339-351-09

The source for these homes facts are from public records.

92870 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$974,000
Median List Price/Sq.Ft.
$564
Median Sold Price
$1,003,800
Median Sold Price/Sq.Ft.
$555
Total Inventory
65
Median Sale to List Price %
108.52%
Avg Days on Market
12
Loan Type
Conventional (42.42%), FHA (9.09%), VA (0%), Cash (36.36%), Other (12.12%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 409 Olive St

408 Olive St, Placentia, CA 92870
$550,000 Last Sold Price
2 Beds
1 Baths
712 Sq.Ft.
408 Olive St
Placentia, CA 92870
402 W Chapman Ave, Placentia, CA 92870
$520,000 Last Sold Price
4 Beds
2 Baths
1558 Sq.Ft.
402 W Chapman Ave
Placentia, CA 92870
420 Olive St, Placentia, CA 92870
$650,000 Last Sold Price
5 Beds
3 Baths
1838 Sq.Ft.
420 Olive St
Placentia, CA 92870
205 S Melrose St, Placentia, CA 92870
$540,000 Last Sold Price
3 Beds
1 Baths
1468 Sq.Ft.
205 S Melrose St
Placentia, CA 92870

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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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