815 N Olive St, Orange, CA 92867
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815 N Olive St Orange, CA 92867

$1,660,000 Sold Price as of 04/18/2023
  • 10 Beds
  • 7 Baths
  • 4,620 Sq.Ft.
Sold
$1,660,000 Sold Price as of 04/18/2023 Refinance Your Mortgage

Map preview of 815 N Olive St, Orange, CA 92867

Property Overview: 815 N Olive St Orange, CA has 10 bedrooms, 7 bathrooms, 4,620 living square feet and 7,214 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 815 North Olive Street in Orange, California is a well-maintained property is comprised of two (2) 3-Bedroom/2-Bathroom units and (2) 2-Bedroom/1.5-Bathroom townhouse style units, several of which have had renovations in the last several years. This property has been under professional property management and the building recently had a new roof installed. The fourplex is located near historic Old Towne Orange and just a few short miles to Anaheim, Angels Stadium, and Disneyland Park.

Listed by Nick Gould | BRE #01521955 | Morgan Skenderian
Last checked: 13 minutes ago | Last updated: January 16th, 2024 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
7,214
HOA Dues
$0/mo
Year built
1964
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
PW23043693
City
Orange
County
Orange
Time on Site
413 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,094
  • Total Rent: $4,187
  • Pro Forma/Market Rent: $3,250
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,872
  • Total Rent: $3,743
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $95,832
  • Net Operating Income: $60,480
  • Gross Operating Income: $92,957
  • Vacancy Allowance: $2,875
  • Laundry Income: $672
Annual Expense Breakdown
  • Total Operating Expense: $32,477
  • Electric: $1,012
  • Gas/Fuel: $1,012
  • New Taxes: $18,903
  • Trash: $1,013
  • Gardener: $960
  • Insurance: $2,487
  • Maintenance: $5,578
  • Water/Sewer: $1,012

Property Details for 815 N Olive St

Interior Features
Laundry Information
  • Has Laundry
  • Common Area, Community
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: 38643402
  • Year Built Source: Assessor
  • Property is 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: South of E Collins and West of Glassell Street
Neighborhood Information
  • Community Features: Biking, Curbs, Gutters, Sidewalks
View more facts & features

Local Orange Agent

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Sale History for 815 N Olive St

Last leased for $3,150 on January 15th, 2024
  • January, 2024

  • Jan 15, 2024

    Date

    Leased

    CRMLS: PW23210165

    $3,150

    Price

  • Nov 12, 2023

    Date

    Active

    CRMLS: PW23210165

    $3,495

    Price

  • Listing provided courtesy of CRMLS

    Come and see this beautiful and newly remodeled upstairs unit. This second story unit provides a lovely balcony overlooking the complex courtyard. All NEW kitchen, stainless steel appliances and counter tops with beautiful white cabinetry. NEW bathrooms and flooring through out lead you into the spacious bedrooms with plenty of closet space. 1 car garage included along with 1 parking space, water and trash included. Onsite shared laundry room located conveniently downstairs.

  • December, 2023

  • Dec 1, 2023

    Date

    Leased

    CRMLS: PW23210898

    $2,795

    Price

  • Nov 13, 2023

    Date

    Active

    CRMLS: PW23210898

    $2,795

    Price

  • Listing provided courtesy of CRMLS

    Come and see this beautiful and newly remodeled downstairs 2 bed 1 and half bath unit. All NEW kitchen, stainless steel appliances and counter tops with beautiful white cabinetry. NEW bathrooms and flooring through out lead you upstairs into the spacious bedrooms with plenty of closet space. 1 car garage included, water and trash included. Onsite shared laundry room located conveniently outside the shared courtyard.

  • October, 2023

  • Oct 6, 2023

    Date

    Leased

    CRMLS: PW23154199

    $3,695

    Price

  • Aug 17, 2023

    Date

    Active

    CRMLS: PW23154199

    $3,695

    Price

  • Listing provided courtesy of CRMLS

    This Front unit of a fourplex has been recently remodeled with new windows, new paint, and new laminate floors. Remodeled kitchen with new cabinets, quartz counter-tops, and stainless steel appliances. Large rooms with ample closet room. Master bedroom includes a newly remodeled shower. Includes a one car garage- water and trash included.

  • April, 2023

  • Apr 18, 2023

    Date

    Sold

    CRMLS: PW23043693

    $1,660,000

    Price

  • Mar 16, 2023

    Date

    Active

    CRMLS: PW23043693

    $1,695,000

    Price

Show More

Tax History for 815 N Olive St

Assessed Value (2020): $112,884
Year Land Value Improved Value Assessed Value
2020 $34,949 $77,935 $112,884

Home Value Compared to the Market

This property vs the competition

815 N Olive St sold on April 18, 2023 for 61.43% 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 $366.88 per/sqft which puts the price per square foot 39.95% lower than the current median sale per square foot for the city of Orange.

About 815 N Olive St

Detailed summary of property

815 N Olive St is a fourplex that recently sold in Orange, CA 92867. This fourplex offered 10 bedrooms, 7 bathrooms, roughly 4,620 living square feet, and sits on an approximately 7,214 square foot lot. 815 N Olive St was first listed on ArdentRealEstateGroup.com on March 16, 2023. The homeowner sold the property for $1,660,000. 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 61.43% higher than the current median priced home. Local homes that are currently for sale include 420 S Melrose St, 471 E Broadway and 17061 Whitby Cir. While the average home in Orange, CA is selling in 44 days, 815 N Olive St has a days on market of 5 days. There are currently 156 homes for sale in the Orange real estate market and 119 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 815 N Olive St Orange, CA 92867 contact Ardent Real Estate Group and we will put you in touch with one of our Orange agents.

Public Facts for 815 N Olive St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
7,215
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
14
APN
386-434-02

The source for these homes facts are from public records.

92867 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,350,000
Median List Price/Sq.Ft.
$588
Median Sold Price
$1,175,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
45
Median Sale to List Price %
102.26%
Avg Days on Market
31
Loan Type
Conventional (56.25%), FHA (0%), VA (0%), Cash (31.25%), Other (12.5%)

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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.