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628 S Fashion Park St, Orange, CA 92866
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628 S Fashion Park St Orange, CA 92866

$2,500,000 Sold Price as of 05/05/2023
  • 9 Beds
  • 7 Baths
  • 5,127 Sq.Ft.
Sold
$2,500,000 Sold Price as of 05/05/2023 Refinance Your Mortgage
Map preview of 628 S Fashion Park St, Orange, CA 92866

Property Overview: 628 S Fashion Park St Orange, CA has 9 bedrooms, 7 bathrooms, 5,127 living square feet and 8,516 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: DO NOT DISTURB TENANTS! DO NOT DISTURB TENANTS! DRIVE BY ONLY, DO NOT DISTURB TENANTS!! This opportunity is UNPRICED, TEXT/CALL agent for details. THIS TURNKEY PROPERTY IS COMPLETELY UPGRADED WITH BRAND NEW: ROOF, PLUMBING, ELECTRICAL, UNIT INTERIORS, WATER HEATERS, HVAC, WINDOWS, AND GARAGES! EACH UNIT HAS BEEN RENNOVATED TO INCLUDE: WOOD PLANK VINYL FLOORING, NEW CABINENTS, NEW COUNTERTOPS, BRAND NEW APPLIANCES, CENTRAL AC AND HEATING, NEW TUBS/SHOWERS/VANITIES, ALL NEW FIXTURES AND A FRESH COAT OF PAINT. THIS IS A PRIDE OF OWNERSHIP INVESTMENT IN THE HEART OF ORANGE LESS THAN A MILE FROM OLD TOWNE. ALL FOUR UNITS ARE OCCUPIED WITH HIGH QUALITY TENANTS, PRODUCING THE HIGHEST GROSS INCOME OF ANY FOURPLEX ON THE MARKET IN NORTH ORANGE COUNTY. DRIVE BY ONLY, DO NOT DISTURB TENANTS!

Listed by Randall Mycorn | BRE #02078223 | R L M Equities
Last checked: 14 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
8,516
HOA Dues
$0/mo
Year built
1966
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
NP23059900
City
Orange
County
Orange
Time on Site
374 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,700
  • Total Rent: $2,700
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,700
  • Total Rent: $2,700
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,750
  • Total Rent: $2,750
  • Pro Forma/Market Rent: $2,850
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,600
  • Total Rent: $3,600
  • Pro Forma/Market Rent: $3,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $143,400
  • Net Operating Income: $128,595
  • Gross Operating Income: $139,170
  • Laundry Income: $2,400
  • Other Income Description: Laundry Machines - Owned
Annual Expense Breakdown
  • Total Operating Expense: $10,575
  • Electric: $720
  • Gas/Fuel: $1,000
  • New Taxes: $1,005
  • Trash: $1,200
  • Insurance: $2,050
  • Maintenance: $1,400
  • Water/Sewer: $3,200

Property Details for 628 S Fashion Park St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
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: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 39063203
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: None
Location / Neighborhood
Location Information
  • Directions: Rosewood & Fashion Park
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Orange Agent

Sale History for 628 S Fashion Park St

Last sold for $2,500,000 on May 5th, 2023

  • May, 2023

  • May 5, 2023

    Date

    Sold

    CRMLS: NP23059900

    $2,500,000

    Price

  • Apr 11, 2023

    Date

    Active

    CRMLS: NP23059900

    $999,999

    Price

  • April, 2023

  • Apr 6, 2023

    Date

    Leased

    CRMLS: OC23008434

    $3,600

    Price

  • Jan 16, 2023

    Date

    Active

    CRMLS: OC23008434

    $3,800

    Price

  • Listing provided courtesy of CRMLS

    First month's rent FREE on approved credit & financials! Remodeled top to bottom - this spacious 3 bedroom / 2 bath unit looks brand new inside - must see. DON'T DELAY, THIS APARTMENT HOME WILL RENT QUICKLY!! Amenities include: * Thoughtful open floorplan with bedrooms on each side of central living room. * Thoroughly remodeled kitchen new grey quartz countertops, white wood cabinetry, new stainless steel gas oven/stovetop and hood, new dishwasher, new sink and fixtures, breakfast bar and recessed lighting. This kitchen won't disappoint! * Huge living room feature luxury hardwood vinyl flooring, recessed lighting and plenty of natural light. * Large dining area between living room and kitchen with ceiling fan and windows to courtyard. * Master bedroom suite features remodeled bathroom with new vanity, new mirror and new custom tiled walk-in shower with glass doors. * Two bedrooms on opposite side of apartment are all nicely sized and feature abundant closet space. * Remodeled main hallway bathroom features a new vanity, new mirror and brand new full sized tub/shower combo with custom tile. * Brand new CENTRAL AIR CONDITIONING! * Huge front courtyard - perfect for entertaining and relaxing. * Designer touches include luxury vinyl hardwood flooring in living areas and fresh paint throughout. * Spacious one (1) car detached garage with opener and ample street parking. * On-site laundry room. * Minutes from Old Town Orange, Chapman University, award winning schools, parks, restaurants, shopping, entertainment and all major freeways. OTHER DETAILS: * Available for immediate occupancy * Minimum of one year lease required (18 months preferred). * Small dog may be considered with exceptional credit and financials. * Sorry, smoking and vaping not permitted. * Landlord provides water and trash services. Tenant responsible for electricity and gas. * Gardening services provided by owner.

  • September, 2022

  • Sep 19, 2022

    Date

    Sold

    CRMLS: PW22174237

    $1,625,000

    Price

  • Aug 11, 2022

    Date

    Active

    CRMLS: PW22174237

    $1,695,000

    Price

  • Listing provided courtesy of CRMLS

    INCOME OPPORTUNITY * FOURPLEX * SINGLE LEVEL 3BD (1) / TWO LEVEL 2BD (2) / UPPER LEVEL 2BD (1) * NEWER ROOF * ALL UNITS ARE VACANT… This income property near Old Town Orange, CHOC Hospital, and 22 Freeway provides an investor with the rare opportunity to acquire a fully vacant fourplex with the ease to be able to renovate and add substantial value and quality upon purchase. The front unit is a single level 3 bedroom / 2 bath with brick fireplace in living room and spacious dining space near kitchen. The middle units are 2 bedroom / 1.5 bath two level units. The back unit is an single level upper floor 2 bedroom/ 2 bath. All units have a deep 1 car garage with upper storage. Downstairs laundry room available for all units. Flooring, drywall, and plumbing repairs in addition to other repairs needed to property. Cash purchasers only at this time. Opportunity and possibilities for improvement to this Orage fourplex.

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Tax History for 628 S Fashion Park St

Assessed Value (2020): $168,153
Year Land Value Improved Value Assessed Value
2020 $44,736 $123,417 $168,153

Home Value Compared to the Market

This property vs the competition

628 S Fashion Park St sold on May 5, 2023 for 54.59% 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 $312.07 per/sqft which puts the price per square foot 47.64% lower than the current median sale per square foot for the city of Orange.

About 628 S Fashion Park St

Detailed summary of property

628 S Fashion Park St is a fourplex that recently sold in Orange, CA 92866. This fourplex offered 9 bedrooms, 7 bathrooms, roughly 5,127 living square feet, and sits on an approximately 8,516 square foot lot. 628 S Fashion Park St was first listed on ArdentRealEstateGroup.com on April 11, 2023. The homeowner sold the property for $2,500,000. 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 54.59% higher than the current median priced home. Local homes that are currently for sale include 186 Del Mar Ave, 1808 Cristine Pl and 150 Cecil Pl. While the average home in Orange, CA is selling in 45 days, 628 S Fashion Park St has a days on market of 8 days. There are currently 160 homes for sale in the Orange real estate market and 123 of them are single family homes while 30 of them are condos and 7 are townhomes. For more information on this home for sale at 628 S Fashion Park 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 628 S Fashion Park St

Public county record property details
Beds
--
Baths
--
Year built
1966
Sq. Ft.
5,143
Lot Size
8,513
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
34
APN
390-632-03

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
$1,200,000
Median List Price/Sq.Ft.
$716
Median Sold Price
$1,070,000
Median Sold Price/Sq.Ft.
$734
Total Inventory
15
Median Sale to List Price %
100.47%
Avg Days on Market
17
Loan Type
Conventional (20%), FHA (20%), VA (0%), Cash (40%), Other (0%)

Thinking of Selling?

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Call, Text or Message
(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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