820 N Kathleen Ln, Orange, CA 92867
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820 N Kathleen Ln Orange, CA 92867

$1,397,400 Sold Price as of 12/23/2020
  • 9 Beds
  • 11 Baths
  • 4,499 Sq.Ft.
Sold
$1,397,400 Sold Price as of 12/23/2020 Refinance Your Mortgage

Map preview of 820 N Kathleen Ln, Orange, CA 92867

Property Overview: 820 N Kathleen Ln Orange, CA has 9 bedrooms, 11 bathrooms, 4,499 living square feet and 9,148 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent investment opportunity, 4-Plex ideally located on a gorgeous, quiet, tree-lined street in a nice residential area of Orange, close to highly desirable Villa Park, close to shopping, dining, Chapman University, Old Towne Orange, easy access to 55 Frwy, close to Santiago Regional Park, hiking and biking trails, close to Grijalva Pak and Sports Center. 4 spacious units, all fully occupied, excellent parking facilities with Two “2” car garages, 2 carports, and 1 uncovered space, community laundry facilities, and a prime corner lot location. Unit A is a spacious 2 story unit with a charming brick fireplace and soaring vaulted ceilings, with a separate family/dining room, 3 beds, 2 baths, attached direct access 2 car garage with washer/dryer hookups, and a large, private, fully fenced yard. Units B and C both have 2 beds, 2.5 baths, and both have private fully fenced yards. Upstairs unit D has 2 beds, 2 baths, covered carport space, and nice front patio area. Tenants pay Gas, Electric, Cable, and Phone, except landlord pays electric on unit D, 3 separate electric meters, 4 separate gas meters. Landlord pays Gardener, Water/Sewer, and Trash. Community laundry facilities provide additional income. DO NOT DISTURB TENANTS!

Listed by Jordan Bennett | BRE #01850869 | Keller Williams Realty
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 25

Home details

Lot Sq. Ft
9,148
HOA Dues
$0/mo
Year built
1969
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
OC20212189
City
Orange
County
Orange
Time on Site
1442 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 3
  • # of Gas Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,140
  • Total Rent: $2,140
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $84,480
  • Net Operating Income: $57,722
  • Gross Operating Income: $81,946
  • Vacancy Allowance: $2,534
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $240
Annual Expense Breakdown
  • Total Operating Expense: $24,224
  • Electric: $1,390
  • Gas/Fuel: $0
  • Licenses: $80
  • New Taxes: $14,669
  • Furniture Replacement: $0
  • Trash: $1,080
  • Cable TV: $0
  • Gardener: $1,200
  • Insurance: $3,120
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $2,160
  • Other Expenses: $145
  • Other Expense Description: FireCert

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Property Details for 820 N Kathleen Ln

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, ENERGY STAR Qualified Equipment
Heating Information
  • Has Heating
  • Central, Natural Gas, ENERGY STAR Qualified Equipment
Laundry Information
  • Has Laundry
  • Community, Gas & Electric Dryer Hookup
Fireplace Information
  • Has Fireplace
  • Living Room, Gas, Gas Starter
Room Information
  • Flooring: Carpet, Laminate, Vinyl
  • All Bedrooms Up, Entry, Galley Kitchen, Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite
Kitchen Information
  • Has Appliances
  • Dishwasher, Free-Standing Range, Disposal, Gas & Electric Range, Gas Water Heater, High Efficiency Water Heater, Range Hood
Interior Features
  • Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Unfurnished
  • Levels: Two
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows
  • Security Features: Smoke Detector(s)
  • Door Features: Sliding Doors
Exterior Features
Exterior Information
  • Roof: Spanish Tile
  • Rain Gutters
  • Has Fence
  • Excellent Condition, Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Assigned, Carport, Attached Carport, Covered, Direct Garage Access, Driveway Level, Garage, Garage Faces Rear, Garage Door Opener, Shared Driveway
Lot Information
  • Lot Features: 2-5 Units/Acre, Back Yard, Corner Lot, Front Yard, Landscaped, Lawn, Park Nearby, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 38317401
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: other
  • Directions: N Tustin St to E Collins Ave to N. Kathleen Ln
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

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Sale History for 820 N Kathleen Ln

Last sold for $1,397,500 on December 23rd, 2020
  • December, 2020

  • Dec 23, 2020

    Date

    Sold

    CRMLS: OC20212189

    $1,397,400

    Price

  • Dec 3, 2020

    Date

    Pending

    CRMLS: OC20212189

    $1,400,000

    Price

  • Dec 2, 2020

    Date

    Active

    CRMLS: OC20212189

    $1,400,000

    Price

  • Oct 20, 2020

    Date

    Active Under Contract

    CRMLS: OC20212189

    $1,400,000

    Price

  • Oct 8, 2020

    Date

    Active

    CRMLS: OC20212189

    $1,400,000

    Price

  • December, 2020

  • Dec 23, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,397,500

    Price

  • May, 2011

  • May 17, 2011

    Date

    Sold (Public Records)

    Public Records

    $888,000

    Price

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Tax History for 820 N Kathleen Ln

Assessed Value (2020): $1,040,265
Year Land Value Improved Value Assessed Value
2020 $825,150 $215,115 $1,040,265

Home Value Compared to the Market

This property vs the competition

820 N Kathleen Ln sold on December 23, 2020 for 32.7% higher than the current median sold price for the city of Orange which is $1,055,000. The median sold price per/sqft for Orange is $642 and this home is sold at $311.18 per/sqft which puts the price per square foot 51.53% lower than the current median sale per square foot for the city of Orange.

About 820 N Kathleen Ln

Detailed summary of property

820 N Kathleen Ln is a fourplex that recently sold in Orange, CA 92867. This fourplex offered 9 bedrooms, 11 bathrooms, roughly 4,499 living square feet, and sits on an approximately 9,148 square foot lot. 820 N Kathleen Ln was first listed on ArdentRealEstateGroup.com on October 8, 2020. The homeowner sold the property for $1,397,400. Home in Orange are selling for a median price of $1,055,000 and a median price per square foot of $642. Based on Ardent Real Estate Group's Orange Market Data, this home is sold 32.7% higher than the current median priced home. Local homes that are currently for sale include 434 E Truslow Ave, 10692 Frances and 127 E Union Ave. While the average home in Orange, CA is selling in 48 days, 820 N Kathleen Ln has a days on market of 25 days. There are currently 217 homes for sale in the Orange real estate market and 172 of them are single family homes while 34 of them are condos and 11 are townhomes. For more information on this home for sale at 820 N Kathleen Ln Orange, CA 92867 contact Ardent Real Estate Group and we will put you in touch with one of our Orange agents.

Public Facts for 820 N Kathleen Ln

Public county record property details
Beds
--
Baths
--
Year built
1969
Sq. Ft.
4,415
Lot Size
8,611
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
5
APN
383-174-01

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
$1,289,000
Median List Price/Sq.Ft.
$631
Median Sold Price
$1,205,000
Median Sold Price/Sq.Ft.
$642
Total Inventory
60
Median Sale to List Price %
100.43%
Avg Days on Market
27
Loan Type
Conventional (45.83%), FHA (4.17%), VA (0%), Cash (37.5%), 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.