1042 East Almond Avenue

Orange, CA 92866

$1,495,000
Price
4
Beds
2
Baths
2,200 Sq. Ft.
$680 / Sq. Ft.
2,200
Sq. Ft.
$680
per Sq. Ft.

Description

Old Town Orange area of Orange County, CA. One story duplex with approximately 2,220 square feet in total for both units. Two 2 bedroom and one bath homes. Corner lot is on 6,970 square feet. Inside laundry hook-ups. One detached two car garage and a private fenced patio. Completely remodeled in 2022 including a new roof. Excellent income!Old Town Orange area of Orange County, CA. One story duplex with approximately 2,220 square feet in total for both units. Two 2 bedroom and one bath homes. Corner lot is on 6,970 square feet. Inside laundry hook-ups. One detached two car garage and a private fenced patio. Completely remodeled in 2022 including a new roof. Excellent income!
  1. Listed by Gary Sully • DRE #01095171 • Brokerage DRE #02087936 • The Sully Group • 714-404-5252
  2. Listed by Leah Sully • DRE #01976531 • Brokerage DRE #02087936 • The Sully Group

Property Details for 1042 East Almond Avenue

Architectural Style
Craftsman
View
None
Parking Spaces Total
2
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Attached
Lot Size Source
Public Records
LISTING UPDATED: 10/21/2024 06:37 AM

Property Details for 1042 East Almond Avenue

StatusActive
MLS #OC24202198
Days on Market14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
Lot Size0.16 AC / 6,970 SF
CountyOrange County

Building Information for 1042 East Almond Avenue

Stories1Residences-Year Built1958Building Size-Lot Size0.16 AC / 6,970 SF

Property Information for 1042 East Almond Avenue

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $84,000
  • Gross Scheduled Income: $84,000
  • Gross Spendable Income: $66,360
  • Vacancy Allowance: 0
  • Gross Operating Income: $84,000
  • Net Operating Income: $66,360
  • Number Of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Income: $0
  • Laundry Income: $0
  • Other Income 1: $0
  • Other Income 2: $0
  • Gross Multiplier: 17.79
  • Cap Rate: 4.74
  • Current Financing: None
Expense Details
  • Operating Expense: $17,640
  • New Taxes Expense: $15,000
  • Gardener Expense: $1,440
  • Cable TV Expense: $0
  • Fuel Expense: $0
  • Licenses Expense: $0
  • Pest Control Expense: $0
  • Pool Expense: $0
  • Security Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $880
  • Maintenance Expense: $0
  • Professional Management Expense: $0
  • Workmans Compensation Expense: $0
  • Other Expense: $0
  • Other Expense Description: 0
  • Trash Expense: $0
  • Water Sewer Expense: $1,200
  • Supplies Expense: $0
  • Total Expenses: $17,640
Tax / Assessment Info
  • Tax Area: 08001
  • Tax Year: 2023
  • Tax Annual Amount: $10,378
  • Tax Block: 1
  • Tax Tract Number: 3263
  • CFD/Mello-Roos Fee: $527
  • Tax Lot: 1
Community / Development
Community / Development
  • Accessibility Features: 2+ Access Exits
  • Disability Access: 2+ Access Exits
  • Assessments YN: Yes
  • Assessments: Special Assessments
  • Community Features: Biking, Curbs, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Disposal, Gas Oven
  • Equipment: Dishwasher, Gas Dryer Hookup, Inside, Washer Hookup
  • Interior Features: Quartz Counters
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Main Floor Bedroom, Main Floor Primary Bedroom
  • Bedroom Features: All Bedrooms Down, Main Floor Bedroom
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Vinyl
Exterior Features
  • Door Features: Sliding Doors
  • Window Features: Double Pane Windows
  • Construction Materials: Stucco, Wood Siding
  • Exterior Construction: Stucco, Wood Siding
  • Exterior: Stucco, Wood
  • Roof: Composition
  • Entry Location: 1
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • Foundation Details: Slab
  • Property Condition: Turnkey
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Direction Faces: North
  • Number Of Units: 2
  • Improvements Amount: $135,000.00
  • Land Lease: No
  • Land Lease Type: Fee
  • Land Value: $860,000.00
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Well Depth: 0
  • Well Gallons Per Minute: 0
  • Well Pump Horsepower: 0
  • Well Report: No
  • Levels: One
  • Water: Public
  • Sewer: Sewer Paid
  • Sewer/Septic: Sewer Connected
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Electric: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Driveway, Garage, Garage - 1 Car
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Driveway, Garage, Garage - Single Door
Property / Structure Info
  • Personal Property Amount: $.00
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,500
  • Unit Type Total Rent: $3,500
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,310
  • Unit Type Total Rent: $2,310
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Number With Refrigerator: 0
  • Number With Carpet: 0
  • Number With Disposal: 2
  • Number With Drapes: 0
  • Number With Patio: 1
  • Number Wall AC: 1

Property History for 1042 East Almond Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1042 East Almond Avenue

Taxable ValueLand$878,135Additions$73,831Total$951,966
Tax Record2024$10,611 ($884 / month)
Home Facts
Total Finished SqFt1,860 SqFtAbove Grade Finished SqFt1,860 SqFtStories2Lot Size6,846 SqFtStyleDuplexYear Built1958CountyORANGEAPN390-462-05

Schools near 1042 East Almond Avenue

This home is within Orange Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Palmyra Elementary School
PublicK to 6

Yorba Middle School
Public6 to 8

Orange High School
Public9 to 12

OUSD EDGE Virtual Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1042 East Almond Avenue is a multi-family home for sale in Orange, CA 92866. This property was listed for sale on October 7, 2024 by The Sully Group, it's currently listed at $1,495,000. It has been on the market for a total of 14 days and was last sold on March 24, 2022. This listing's school district is Orange Unified School District. Nearby schools include Palmyra Elementary School, Yorba Middle School and Orange High School. 1042 East Almond Avenue is a 4-bed, 2-bath, 2,200 sqft multi-family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Sully Group, Gary Sully, DRE #01095171; The Sully Group, Leah Sully, DRE #01976531

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.