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463 N Olive St, Orange, CA 92866
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463 N Olive St Orange, CA 92866

$1,250,200 Sold Price as of 03/31/2021
  • 6 Beds
  • 5 Baths
  • 3,093 Sq.Ft.
Sold
$1,250,200 Sold Price as of 03/31/2021 Refinance Your Mortgage
Map preview of 463 N Olive St, Orange, CA 92866

Property Overview: 463 N Olive St Orange, CA has 6 bedrooms, 5 bathrooms, 3,093 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: LOCATION LOCATION Excellent opportunity to own investment property in Old Town Orange. One block west of Chapman College and near the Orange Circle. 4 unit income property, 2 buildings with shared driveway. All units have seperate electric and gas meters. All leases are month to month with rents well below market offering incredible upside potential for the new buyer. This property can be purchased seperately or together with 469 N Olive and 477 N Olive

Listed by Amy Bailey | BRE #02069138 | Drouin Realty
Co-listed by Wilfred Drouin | BRE #00286332 | Drouin Realty
Last checked: 6 minutes ago | Last updated: September 27th, 2022 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
6,534
HOA Dues
$0/mo
Year built
1968
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW21028857
City
Orange
County
Orange
Time on Site
1193 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: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $980
  • Total Rent: $980
  • Pro Forma/Market Rent: $1,895
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,995
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $65,160
  • Net Operating Income: $34,266
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $30,894
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $13,187
  • Trash: $0
  • Gardener: $1,910
  • Insurance: $1,869
  • Water/Sewer: $1,346

Property Details for 463 N Olive St

Interior Features
Laundry Information
  • Has Laundry
  • Electric Dryer Hookup
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: 2-5 Units/Acre, Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 03914404
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: cross streets Walnut and Glassell
Neighborhood Information
  • Community Features: Biking, Curbs, Gutters, Sidewalks
View more facts & features

Local Orange Agent

Sale History for 463 N Olive St

Last leased for $2,695 on September 21st, 2022

  • September, 2022

  • Sep 21, 2022

    Date

    Leased

    CRMLS: PW22198985

    $2,695

    Price

  • Sep 10, 2022

    Date

    Active

    CRMLS: PW22198985

    $2,695

    Price

  • Listing provided courtesy of CRMLS

    This brand NEW and modern multiplex is the perfect place you’ll want to call home. Beautiful and large dual pane vinyl windows offer plenty of natural light into your spacious living room and kitchen. Handsome Stainless steel appliances which include refrigerator, microwave and oven offer everything you need to stay in and play chef! Gorgeous laminate tile flooring throughout lead you into the bedroom with sliding glass closet doors. Interior stackable washer and dryer included with central air and heat in this new construction ready to move

  • September, 2022

  • Sep 21, 2022

    Date

    Leased

    CRMLS: PW22198989

    $2,695

    Price

  • Sep 10, 2022

    Date

    Active

    CRMLS: PW22198989

    $2,695

    Price

  • Listing provided courtesy of CRMLS

    This brand NEW and modern multiplex is the perfect place you’ll want to call home. Beautiful and large dual pane vinyl windows offer plenty of natural light into your spacious living room and kitchen. Handsome Stainless steel appliances which include refrigerator, microwave and oven offer everything you need to stay in and play chef! Gorgeous laminate tile flooring throughout lead you into the bedroom with sliding glass closet doors. Interior stackable washer and dryer included with central air and heat in this new construction ready to move in September 1st!

  • September, 2022

  • Sep 7, 2022

    Date

    Leased

    CRMLS: PW22185791

    $3,395

    Price

  • Aug 23, 2022

    Date

    Active

    CRMLS: PW22185791

    $2,695

    Price

  • Listing provided courtesy of CRMLS

    This brand NEW and modern multiplex is the perfect place you’ll want to call home. Beautiful and large dual pane vinyl windows offer plenty of natural light into your spacious living room and kitchen. Handsome Stainless steel appliances which include refrigerator, microwave and oven offer everything you need to stay in and play chef! Gorgeous laminate tile flooring throughout lead you into the bedroom with sliding glass closet doors. Interior stackable washer and dryer included with central air and heat in this new construction ready to move in September 1st!

  • March, 2021

  • Mar 31, 2021

    Date

    Sold

    CRMLS: PW21028857

    $1,250,200

    Price

  • Feb 18, 2021

    Date

    Pending

    CRMLS: PW21028857

    $1,250,000

    Price

  • Feb 11, 2021

    Date

    Active

    CRMLS: PW21028857

    $1,250,000

    Price

Show More

Tax History for 463 N Olive St

Assessed Value (2020): $99,788
Year Land Value Improved Value Assessed Value
2020 $24,754 $75,034 $99,788

Home Value Compared to the Market

This property vs the competition

463 N Olive St sold on March 31, 2021 for 19.05% 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 $404.14 per/sqft which puts the price per square foot 33.86% lower than the current median sale per square foot for the city of Orange.

About 463 N Olive St

Detailed summary of property

463 N Olive St is a multi family that recently sold in Orange, CA 92866. This multi family property offered 6 bedrooms, 5 bathrooms, roughly 3,093 living square feet, and sits on an approximately 6,534 square foot lot. 463 N Olive St was first listed on ArdentRealEstateGroup.com on February 12, 2021. The homeowner sold the property for $1,250,200. 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 19.05% higher than the current median priced home. Local homes that are currently for sale include 1818 W Glenoaks Ave, 607 N Harbor Blvd and 2158 W Brownwood Ave. While the average home in Orange, CA is selling in 46 days, 463 N Olive St has a days on market of 7 days. There are currently 149 homes for sale in the Orange real estate market and 120 of them are single family homes while 22 of them are condos and 7 are townhomes. For more information on this home for sale at 463 N Olive St Orange, CA 92866 contact Ardent Real Estate Group and we will put you in touch with one of our Orange agents.

Public Facts for 463 N Olive St

Public county record property details
Beds
--
Baths
--
Year built
1966
Sq. Ft.
3,093
Lot Size
6,791
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
20
APN
039-144-04

The source for these homes facts are from public records.

92866 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,195,000
Median List Price/Sq.Ft.
$745
Median Sold Price
$1,050,000
Median Sold Price/Sq.Ft.
$616
Total Inventory
17
Median Sale to List Price %
100%
Avg Days on Market
14
Loan Type
Conventional (33.33%), FHA (16.67%), VA (0%), Cash (50%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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Recently Sold Homes Near 463 N Olive St

469 N Olive St, Orange, CA 92866
$1,280,000 Last Sold Price
8 Beds
4 Baths
3185 Sq.Ft.
469 N Olive St
Orange, CA 92866
477 N Olive St, Orange, CA 92866
$1,280,000 Last Sold Price
8 Beds
4 Baths
3184 Sq.Ft.
477 N Olive St
Orange, CA 92866
150 W Walnut Ave, Orange, CA 92867
$1,350,000 Last Sold Price
4 Beds
3 Baths
1916 Sq.Ft.
150 W Walnut Ave
Orange, CA 92867
568 N Glassell St, Orange, CA 92867
$1,025,000 Last Sold Price
2 Beds
3 Baths
1984 Sq.Ft.
568 N Glassell St
Orange, CA 92867

Related Resources to 463 N Olive St

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Other Orange Resources

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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