738 W La Jolla St, Placentia, CA 92870
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738 W La Jolla St Placentia, CA 92870

$6,200,000 Sold Price as of 03/16/2022
  • 40 Beds
  • 21 Baths
  • 13,758 Sq.Ft.
Sold
$6,200,000 Sold Price as of 03/16/2022 Refinance Your Mortgage

Map preview of 738 W La Jolla St, Placentia, CA 92870

Property Overview: 738 W La Jolla St Placentia, CA has 40 bedrooms, 21 bathrooms, 13,758 living square feet and 18,731 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: *Highly Honored to Present Rarely Found Newly Built in 2018 * Big Potential - Possibility to convert from 10 Units to 10 Condominiums - Buyers verify with City! * Right now the Cap rate is around 4.4. Current market rent is much higher, after increasing, the Cap Rate might be around 5.3 * Tri- Level Townhouse Style 10 Unit New multifamily, All 10 Units Separately Metered for Gas, Electric, and Water! * CLASS A BUILDING! * Location, Location, Location! * Very Easy to Rent Out Due to Location * Located Near the Border of Anaheim, Yorba Linda, Fullerton, near CSU Fullerton, Schools, Transportation, and the 91 and 57 Freeways! * Great Tenants with Great Rent, & still has Much More Potential! * Situated on Almost Half an Acre Lot * The Property Consists of 2 Owner Style Units of 4 Bed/ 2.5 Bath with 3 Car Garage each Unit, and 8 Units of 4 Bed / 2 Bath each, the pics showing newly remodeled is for one unit * The 10 Townhome Units Offer Ample Storage, New Appliances, Central A/C and Heat, and Modern Kitchen and Bathrooms * The units are Equipped with Newer Interior Finishes which Include Granite Counter Tops, Wooden Cabinets, and Beautiful Flooring Throughout * Each unit has Their Own Private Garage, Balcony * All units are Multi-Level * * Pics were taken in 2018 / 2019 year * BOTH SELLERS AND LISTING AGENT ARE NOT AWARE WHETHER IT'S UNDER RENT CONTROL OR NOT, BUYERS TO VERIFY WITH CITY TO SATISFY! * Don't miss this great investment opportunity!

Listed by Gina Ma | BRE #01426061 | IRN Realty
Last checked: 30 seconds ago | Last updated: August 1st, 2022 | Source CRMLS | DOM: 57

Home details

Lot Sq. Ft
18,731
HOA Dues
$0/mo
Year built
2018
Garage
12 Car
Property Type:
Multi Family
Status
Sold
MLS#
AR21264144
City
Placentia
County
Orange
Time on Site
835 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 2
  • # of Leased Units: 9
  • # of Electric Meters: 11
  • # of Gas Meters: 11
  • # of Water Meters: 10
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $3,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Partially
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $2,600
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $2,700
  • Total Rent: $2,700
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $3,800
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 10
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $352,800
  • Net Operating Income: $289,376
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $63,424
  • Electric: $1,600
  • Gas/Fuel: $0
  • New Taxes: $45,559
  • Trash: $5,500
  • Gardener: $2,400
  • Insurance: $3,365
  • Maintenance: $500
  • Professional Management: $0
  • Water/Sewer: $2,100
  • Other Expenses: $2,400

Property Details for 738 W La Jolla St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • Has Laundry
  • Dryer Included, Inside, Washer Included
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 12
  • # of Parking Spaces: 16
Lot Information
  • Lot Features: 6-10 Units/Acre, Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 10
  • Parcel Number: 34401112
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Unknown
  • Water Source: Other
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: other
  • Directions: 57 North - Right on W Orangethorpe Ave - Right on Tafolla St - Right on W La Jolla St.
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Placentia Agent

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Sale History for 738 W La Jolla St

Last sold for $6,200,000 on March 16th, 2022
  • March, 2022

  • Mar 16, 2022

    Date

    Sold

    CRMLS: AR21264144

    $6,200,000

    Price

  • Dec 14, 2021

    Date

    Active

    CRMLS: AR21264144

    $6,380,000

    Price

  • January, 2022

  • Jan 7, 2022

    Date

    Active

    CRMLS: AR22003415

    $3,500

    Price

  • Listing provided courtesy of CRMLS

    *Highly Honored to Present Rarely Found Newly Built in 2018, Security Gated * Carpet will be Replaced to Laminated Floor for the New Tenants before Moving in, and will be All Fresh Similar with Pics Showing ( Laminated floor Pics are another unit, but will be similar). Fresh & New painting! Looks Modern!* CLASS A BUILDING! * It offers Ample Storages, Lots of Cabinets, Newer Appliances, Central A/C and Heat, and Modern Kitchen and Bathrooms * Has It's Own Private Garage, Balcony* Location, Location, Location! * Located Near the Border of Anaheim, Yorba Linda, Fullerton, near CSU Fullerton, Schools, Transportation, and the 91 and 57 Freeways! *Don't Miss This Great Opportunity! *

  • December, 2021

  • Dec 6, 2021

    Date

    Withdrawn

    CRMLS: AR21240513

    $5,900,000

    Price

  • Nov 2, 2021

    Date

    Active

    CRMLS: AR21240513

    $5,900,000

    Price

  • Listing provided courtesy of CRMLS

    *Highly Honored to Present Rarely Found Newly Built in 2018 * Big Potential - Possibility to convert from 10 Units to 10 Condominiums - Buyers verify with City! * Right now the Cap rate is around 4.5. Current market rent is much higher, after increasing, the Cap Rate might be around 5.5 * Tri- Level Townhouse Style 10 Unit New multifamily, All 10 Units Separately Metered for Gas, Electric, and Water! * CLASS A BUILDING! * Location, Location, Location! * Very Easy to Rent Out Due to Location * Located Near the Border of Anaheim, Yorba Linda, Fullerton, near CSU Fullerton, Schools, Transportation, and the 91 and 57 Freeways! * Great Tenants with Great Rent, & still has Much More Potential! * Situated on Almost Half an Acre Lot * The Property Consists of 2 Owner Style Units of 4 Bed/ 2.5 Bath with 3 Car Garage each Unit, and 8 Units of 4 Bed / 2 Bath each * The 10 Townhome Units Offer Ample Storage, New Appliances, Central A/C and Heat, and Modern Kitchen and Bathrooms * The units are Equipped with Newer Interior Finishes which Include Granite Counter Tops, Wooden Cabinets, and Beautiful Flooring Throughout * Each unit has Their Own Private Garage, Balcony * All units are Multi-Level * * Pics were taken in 2018 / 2019 year * BOTH SELLERS AND LISTING AGENT ARE NOT AWARE WHETHER IT'S UNDER RENT CONTROL OR NOT, BUYERS TO VERIFY WITH CITY TO SATISFY! * Don't miss this great investment opportunity!

  • November, 2021

  • Nov 15, 2021

    Date

    Active

    CRMLS: AR21248802

    $3,200

    Price

  • Listing provided courtesy of CRMLS

    *Highly Honored to Present Rarely Found Newly Built in 2018, Security Gated * Just Replaced Floor from Carpet to Laminate through out, Upgraded all counter tops to High Quality Quartz, Faucets, and Fresh & new painting! Looks modern and Fresh! New look pics will be updated soon. Top Floor - offering lots of Privacy and Quietness! * CLASS A BUILDING! * It offers Ample Storages, Lots of Cabinets, Newer Appliances, Central A/C and Heat, and Modern Kitchen and Bathrooms * Has It's Own Private Garage, Balcony* Location, Location, Location! * Located Near the Border of Anaheim, Yorba Linda, Fullerton, near CSU Fullerton, Schools, Transportation, and the 91 and 57 Freeways! *Don't Miss This Great Opportunity! *

  • November, 2021

  • Nov 1, 2021

    Date

    Canceled

    CRMLS: AR21215116

    $6,380,000

    Price

  • Listing provided courtesy of CRMLS

    *Very Honored to Present Rarely Found Newly Built in 2018 * Possibility to convert to 10 condominium - Buyers verify with City! * Pics were taken in 2018 / 2019 year * Tri- Level Townhouse Style 10 Unit New multifamily, All 10 Units Separately Metered for Gas, Electric, and Water, & w/Private Garage Direct Access! * CLASS A BUILDING! * Location, Location, Location! * Very Easy to Rent Out Due to Location * Located Near the Border of Anaheim, Yorba Linda, Fullerton, near CSU Fullerton, Schools, Transportation, and the 91 and 57 Freeways! * Great Tenants with Great Rent, & still has Much More Potential! * Situated on Almost Half an Acre Lot * The Property Consists of 2 Owner Style Units of 4 Bed/ 2.5 Bath with 3 Car Garage each Unit, and 8 Units of 4 Bed / 2 Bath each * The 10 Townhome Units Offer Ample Storage, New Appliances, Central A/C and Heat, and Modern Kitchen and Bathrooms * The units are Equipped with Newer Interior Finishes which Include Granite Counter Tops, Wooden Cabinets, and Beautiful Flooring Throughout * Each unit has Their Own Private Garage, Balcony * All units are Multi-Level * BOTH SELLERS AND LISTING AGENT ARE NOT AWARE WHETHER IT'S UNDER RENT CONTROL OR NOT, BUYERS TO VERIFY WITH CITY TO SATISFY! * Don't miss this great investment opportunity!

  • August, 2021

  • Aug 2, 2021

    Date

    Leased

    CRMLS: WS21044769

    $2,500

    Price

  • Jul 29, 2021

    Date

    Pending

    CRMLS: WS21044769

    $2,500

    Price

  • Jul 21, 2021

    Date

    Price Change

    CRMLS: WS21044769

    $2,500

    Price

  • Jun 9, 2021

    Date

    Active

    CRMLS: WS21044769

    $2,700

    Price

  • Jun 9, 2021

    Date

    Hold

    CRMLS: WS21044769

    $2,700

    Price

  • Mar 5, 2021

    Date

    Active

    CRMLS: WS21044769

    $2,700

    Price

  • Listing provided courtesy of CRMLS

    Newer built in 2018, this beautiful 4 bedroom 2 full bath apartment (2-car garage space, unit's living area is all located on 3rd floor, except garage & shared laundry area with 2nd floor neighbor on 1st floor) in a secured gated community with 2-car garage & a nice sized balcony. Perfect location for easy freeway 57 & 91 commute. Central A/C, dishwasher, shared washer, dryer and its free usage provided by landlord), Also trash & gardener paid by landlord. A must see, don't miss it out.

  • August, 2020

  • Aug 10, 2020

    Date

    Leased

    CRMLS: WS20117730

    $2,500

    Price

  • Aug 6, 2020

    Date

    Pending

    CRMLS: WS20117730

    $2,500

    Price

  • Jul 28, 2020

    Date

    Hold

    CRMLS: WS20117730

    $2,500

    Price

  • Jun 19, 2020

    Date

    Active

    CRMLS: WS20117730

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    Newer built in 2018, this beautiful 4 bedroom 2 full bath condo apartment (Only 2-car garage space, unit's living area is all located on 3rd floor, except garage & shared laundry area with neighbor unit is on 1st floor) in a secured gated community with 2-car garage & a nice sized balcony. Perfect location for easy freeway 57 & 91 commute. Central A/C, dishwasher, shared washer, dryer and its free usage provided by landlord), Also trash & gardener paid by landlord. A must see, don't miss it out.

  • May, 2020

  • May 1, 2020

    Date

    Expired

    CRMLS: OC19283636

    $3,080

    Price

  • Jan 27, 2020

    Date

    Withdrawn

    CRMLS: OC19283636

    $3,080

    Price

  • Dec 20, 2019

    Date

    Active

    CRMLS: OC19283636

    $3,080

    Price

  • Listing provided courtesy of CRMLS

    BRAND NEW Gated Community with Tri-Level townhouse style unit located in City of Placentia. Interior finish include modern kitchen with granite counter top and wooden cabinets. It is conveniently located by 91 and 57 fwy and close proximity to Disneyland, Knott's Berry Farm and Cal State Fullerton.

  • February, 2019

  • Feb 14, 2019

    Date

    Sold

    CRMLS: OC18089158

    $5,005,000

    Price

  • Jan 17, 2019

    Date

    Pending

    CRMLS: OC18089158

    $5,250,000

    Price

  • Dec 14, 2018

    Date

    Active

    CRMLS: OC18089158

    $5,250,000

    Price

  • Dec 14, 2018

    Date

    Price Change

    CRMLS: OC18089158

    $5,250,000

    Price

  • Jul 6, 2018

    Date

    Pending

    CRMLS: OC18089158

    $5,500,000

    Price

  • May 21, 2018

    Date

    Active Under Contract

    CRMLS: OC18089158

    $5,500,000

    Price

  • Apr 23, 2018

    Date

    Active

    CRMLS: OC18089158

    $5,500,000

    Price

  • Listing provided courtesy of CRMLS

    CLASS A BUILDING! Currently In Lease-Up Phase. We are pleased to present a 10 Unit Brand New multifamily property located in the City of Placentia. Situated on almost half an acre lot, the property consists of eight four-bedroom tri-level townhouse style units with two bath each, and two owner style four bedroom tri-level townhouse style units with two and a half bath units. Built in 2018, the ten townhome units offer private garage parking with direct access, ample storage, new appliances, central A/C and Heat, and modern Kitchen and Bathrooms. The units are equipped with brand new interior finishes which include granite counter tops, wooden cabinets, and beautiful flooring throughout. Each unit has their own Garage, Patio, & Balcony. All units are multi-level and separately metered for gas, electric, and water as well. Each unit has their own Washer and Dryer and extra storage closets. The Seller has finished construction and has certificates of occupancy, and is in the process of leasing up the building. Actual Rents are based on leased units so far. In addition, the Price/SF is Under $300/SF for New Construction! We have digital building plans, and builder warrantees.

  • February, 2019

  • Feb 8, 2019

    Date

    Sold (Public Records)

    Public Records

    $5,005,000

    Price

  • July, 2013

  • Jul 30, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 738 W La Jolla St

Assessed Value (2020): $2,206,575
Year Land Value Improved Value Assessed Value
2020 $529,578 $1,676,997 $2,206,575

Home Value Compared to the Market

This property vs the competition

738 W La Jolla St sold on March 16, 2022 for 480% higher than the current median sold price for the city of Placentia which is $1,100,000. The median sold price per/sqft for Placentia is $541 and this home is sold at $463.73 per/sqft which puts the price per square foot 14.28% lower than the current median sale per square foot for the city of Placentia.

About 738 W La Jolla St

Detailed summary of property

738 W La Jolla St is a multi family that recently sold in Placentia, CA 92870. This multi family property offered 40 bedrooms, 21 bathrooms, roughly 13,758 living square feet, and sits on an approximately 18,731 square foot lot. 738 W La Jolla St was first listed on ArdentRealEstateGroup.com on December 14, 2021. The homeowner sold the property for $6,200,000. Home in Placentia are selling for a median price of $1,100,000 and a median price per square foot of $541. Based on Ardent Real Estate Group's Placentia Market Data, this home is sold 480% higher than the current median priced home. Local homes that are currently for sale include 3168 Wabash Ave, 437 N Chester Ave and 435 N Wilson Ave. While the average home in Placentia, CA is selling in 37 days, 738 W La Jolla St has a days on market of 57 days. There are currently 64 homes for sale in the Placentia real estate market and 40 of them are single family homes while 23 of them are condos and 1 are townhomes. For more information on this home for sale at 738 W La Jolla 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 738 W La Jolla St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
21,500
Stories
--
Type
Residential Income (General) (Multi-Family)
Pool
No
Spa
No
County
Orange
Lot#
1
APN
344-011-12

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
$874,900
Median List Price/Sq.Ft.
$566
Median Sold Price
$1,100,000
Median Sold Price/Sq.Ft.
$541
Total Inventory
64
Median Sale to List Price %
100.09%
Avg Days on Market
23
Loan Type
Conventional (57.14%), FHA (0%), VA (9.52%), Cash (19.05%), Other (14.29%)

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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.