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472 S Pixley St, Orange, CA 92868
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472 S Pixley St Orange, CA 92868

$2,150,000 Sold Price as of 10/02/2023
  • 9 Beds
  • 9 Baths
  • 3,100 Sq.Ft.
Sold
$2,150,000 Sold Price as of 10/02/2023 Refinance Your Mortgage
Map preview of 472 S Pixley St, Orange, CA 92868

Property Overview: 472 S Pixley St Orange, CA has 9 bedrooms, 9 bathrooms, 3,100 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: This Garden-style apartment complex features over $900,000 in recent ground-up restorations- new plumbing, HVAC, subfloors, insulation, electrical, roof, drywall, stucco, and concrete. Consisting of (2) large 2 Bedroom/2 Bath units and (3) Large 1 Bedroom/1 Bath units. Every tenant appreciates the immaculately upgraded interiors, designated patios, en-suite + designated laundry facility, and modern exterior upgrades. 472 S Pixley is strategically located close to three major hospitals - CHOC Childrens Hospital, St Joseph's Hospital, and UCI Medical Center. Additionally, the property is proximate to shopping and entertainment options at Old Towne Orange and Main Place Mall. Easy access to the I-22 freeway enables hassle-free commuting to core job markets via the I-5, I-55, and I-57 freeways, further enhancing its value proposition. This generational asset offers a rare opportunity to own in one of the most desired neighborhoods in Southern California. A future investor will enjoy long-term upside with this asset, due to a continued shortage of apartment housing and lack of affordability in single-family homes in Southern California.

Listed by Aspen Labrador | BRE #02146663 | Compass
Co-listed by Michael Bouras | BRE #01986753 | Compass
Last checked: 6 minutes ago | Last updated: January 20th, 2024 | Source CRMLS | DOM: 49

Home details

Lot Sq. Ft
6,534
HOA Dues
$0/mo
Year built
1961
Garage
4 Car
Property Type:
Apartment
Status
Sold
MLS#
NP23115627
City
Orange
County
Orange
Time on Site
306 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 5
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,375
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $6,775
  • Total Rent: $6,775
  • Pro Forma/Market Rent: $6,775
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,475
  • Total Rent: $3,475
  • Pro Forma/Market Rent: $3,475
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.02%
  • Gross Rent Multiplier: 14.93
  • Gross Scheduled Income: $166,260
  • Net Operating Income: $122,927
  • Gross Operating Income: $155,685
  • # of Rented Garages: 4
  • Garage Rental Rate: $75
  • Garage Rental Income: $300
  • Laundry Income: $0
  • Laundry Own/Lease: Own
  • Other Income 1: $180
  • Other Income Description: RUBS
Annual Expense Breakdown
  • Total Operating Expense: $38,518
  • Electric: $1,200
  • Gas/Fuel: $0
  • Licenses: $600
  • New Taxes: $27,547
  • Furniture Replacement: $0
  • Trash: $1,663
  • Gardener: $0
  • Insurance: $1,970
  • Maintenance: $2,250
  • Professional Management: $0
  • Water/Sewer: $1,663
  • Other Expenses: $1,200
  • Other Expense Description: Turnover

Property Details for 472 S Pixley St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, ENERGY STAR Qualified Equipment
Heating Information
  • Has Heating
  • ENERGY STAR Qualified Equipment, High Efficiency
Laundry Information
  • Has Laundry
  • Individual Room, Inside
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Built-In Range, Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, High Efficiency Water Heater
Interior Features
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows
  • Security Features: Security System
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
  • Has Parking
  • Parking Features: Garage - Single Door, Garage Door Opener
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 04114115
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Raised, Slab
  • Property is not Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: From the Plaza, West on Chapman to Parker. Left to Palmyra, Left to Pixley, Right 2 Blocks on the Right. Cross Streets: N/La Veta/ E/ Batavia
Neighborhood Information
  • Community Features: Biking, Sidewalks, Suburban
View more facts & features

Local Orange Agent

Sale History for 472 S Pixley St

Last leased for $3,000 on January 19th, 2024

  • January, 2024

  • Jan 19, 2024

    Date

    Leased

    CRMLS: PW24003843

    $3,000

    Price

  • Jan 8, 2024

    Date

    Active

    CRMLS: PW24003843

    $3,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome home to this recently renovated property for rent in the city of Orange. This home features 2 bedrooms, 2 bathrooms, and 950 square feet of living space. This home was completely renovated within the last year including new plumbing, electrical, HVAC, sediment filters, windows, appliances (refrigerator, dishwasher and tankless water heater), and high-speed internet. The unit has en-suite bathrooms, recessed lighting, washer/dryer hookups with bonus stackable machines included, a private backyard, and a designated one car garage for parking or storage space. Additional street parking is also available. This property is located close to three major hospitals - CHOC Childrens Hospital, St Joseph's Hospital, and UCI Medical Center. Additionally, the property is proximate to shopping and entertainment options at Old Towne Orange and Main Place Mall. Easy access to the I-22 freeway enables hassle-free commuting via the I-5, I-55, and I-57 freeways. Rent will include water and trash service. No pets allowed. "Very Good" or "Excellent" credit score required!

  • October, 2023

  • Oct 2, 2023

    Date

    Sold

    CRMLS: NP23115627

    $2,150,000

    Price

  • Jun 28, 2023

    Date

    Active

    CRMLS: NP23115627

    $2,450,000

    Price

  • September, 2018

  • Sep 20, 2018

    Date

    Sold

    CRMLS: PW18128737

    $1,125,000

    Price

  • Jun 25, 2018

    Date

    Active Under Contract

    CRMLS: PW18128737

    $1,149,000

    Price

  • Jun 15, 2018

    Date

    Active

    CRMLS: PW18128737

    $1,149,000

    Price

  • Jun 13, 2018

    Date

    Active Under Contract

    CRMLS: PW18128737

    $1,149,000

    Price

  • Jun 1, 2018

    Date

    Active

    CRMLS: PW18128737

    $1,149,000

    Price

  • Listing provided courtesy of CRMLS

    THIS IS A 3 BEDROOM 2 BATH HOME WITH A BONUS ROOM AND A 2 CAR GARAGE WITH 3 ONE BEDROOM UNITS AND 2 ONE CAR GARAGES. THE UNITS CONSIST OF A LIVING ROOM, KITCHEN WITH FREE STANDING GAS STOVES, A SEPARATE BEDROOM AND A BATH WITH A TUB/SHOWER. EACH UNIT HAS ITS OWN ELECTRIC METER AND WATER HEATER. THE REAR HOUSE HAS A FRONT COVERED PATIO, LARGE LIVING ROOM WITH A BRICK FIREPLACE, EATING AREA AND A GALLEY KITCHEN. A REAR YARD HAS A LARGE PATIO AND AN AREA FOR GRASS/GARDENS. A BONUS ROOM AND A 2 CAR GARAGE.

  • September, 2018

  • Sep 19, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,140,000

    Price

  • January, 2018

  • Jan 16, 2018

    Date

    Leased

    CRMLS: PW17273049

    $1,195

    Price

  • Jan 10, 2018

    Date

    Price Change

    CRMLS: PW17273049

    $1,195

    Price

  • Dec 11, 2017

    Date

    Active

    CRMLS: PW17273049

    $1,395

    Price

  • Listing provided courtesy of CRMLS

    Newly painted located within the Borders of Old Towne Orange. Upstairs Unit with Living Room, Bedroom, and Galley Kitchen

  • February, 2014

  • Feb 28, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 472 S Pixley St

Assessed Value (2020): $1,147,500
Year Land Value Improved Value Assessed Value
2020 $1,059,950 $87,550 $1,147,500

Home Value Compared to the Market

This property vs the competition

472 S Pixley St sold on October 2, 2023 for 136.71% higher than the current median sold price for the city of Orange which is $1,035,000. The median sold price per/sqft for Orange is $596 and this home is sold at $790.32 per/sqft which puts the price per square foot 32.6% higher than the current median sale per square foot for the city of Orange.

About 472 S Pixley St

Detailed summary of property

472 S Pixley St is a apartment that recently sold in Orange, CA 92868. This apartment offered 9 bedrooms, 9 bathrooms, roughly 3,100 living square feet, and sits on an approximately 6,534 square foot lot. 472 S Pixley St was first listed on ArdentRealEstateGroup.com on June 28, 2023. The homeowner sold the property for $2,150,000. Home in Orange are selling for a median price of $1,035,000 and a median price per square foot of $596. Based on Ardent Real Estate Group's Orange Market Data, this home is sold 136.71% higher than the current median priced home. Local homes that are currently for sale include 1134 N Mayfair Ave, 709 E Santa Fe Ave and 900 E Chapman Ave. While the average home in Orange, CA is selling in 42 days, 472 S Pixley St has a days on market of 49 days. There are currently 156 homes for sale in the Orange real estate market and 122 of them are single family homes while 27 of them are condos and 7 are townhomes. For more information on this home for sale at 472 S Pixley St Orange, CA 92868 contact Ardent Real Estate Group and we will put you in touch with one of our Orange agents.

Public Facts for 472 S Pixley St

Public county record property details
Beds
--
Baths
--
Year built
1961
Sq. Ft.
1,520
Lot Size
6,420
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
8
APN
041-141-15

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
$779,900
Median List Price/Sq.Ft.
$591
Median Sold Price
$590,000
Median Sold Price/Sq.Ft.
$638
Total Inventory
9
Median Sale to List Price %
102.61%
Avg Days on Market
11
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (33.33%), Other (16.67%)

Thinking of Selling?

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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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