2474 Elden Avenue
Closed 1/21/25
Closed 1/21/25
Description
- Listed by Paula Rayburn • DRE #00882686 • Brokerage DRE #01216835 • Pavilion Properties • 949-463-8974
Property Details for 2474 Elden Avenue
Property Details for 2474 Elden Avenue
| Status | Closed |
|---|---|
| MLS # | NP24237807 |
| Days on Market | 20 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Mixed Use |
| MLS Type | Residential Income |
| Year Built | 1964 |
| Lot Size | 0.46 AC / 20,038 SF |
| County | Orange County |
Building Information for 2474 Elden Avenue
Property Information for 2474 Elden Avenue
- Tenant Pays: Electricity, Gas
- Gross Income: $186,540
- Gross Scheduled Income: $186,540
- Gross Spendable Income: $125,325
- Gross Equity: $186,650
- Vacancy Allowance: 1865
- Vacancy Allowance Rate: 1
- Gross Operating Income: $184,674
- Net Operating Income: $125,325
- Gross Multiplier: 18.23
- Cap Rate: 3.68
- Financing: Cash
- Operating Expense: $61,215
- New Taxes Expense: $36,000
- Electric Expense: $0
- Insurance Expense: $10,000
- Professional Management Expense: $8,000
- Trash Expense: $3,419
- Water Sewer Expense: $1,218
- Total Expenses: $60,000
- Tax Tract Number: 300
- Tax Census Tract: 631.02
- Tax Lot: 84
- Community Features: Curbs
- Room Type: All Bedrooms Down
- Bedroom Features: All Bedrooms Down
- Laundry: Yes
- Laundry Features: Gas Dryer Hookup, Washer Hookup
- Fireplace Features: Living Room
- Fireplace Rooms: Living Room
- Heating Type: Wall
- Heating: Wall Furnace
- Flooring: See Remarks
- Entry Location: Front
- Property Condition: Updated/Remodeled
- Pool Features: None
- Pool Description: None
- Lot Features: 6-10 Units/Acre, Lot 20000-39999 Sqft
- Number Of Units: 6
- Land Lease: No
- Land Lease Type: Fee
- Levels: One
- Water: Public
- Sewer: Public Sewer
- Utilities: Cable Available, Sewer Connected, Water Connected
- Electric: Cable Available, Sewer Connected, Water Connected
- Water Source: Public
- Garage Spaces: 7
- Parking: Yes
- Parking Garage: Assigned, Direct Entrance
- Uncovered Spaces: 2
- Open Other Spaces Total: 2
- Parking Garage Spaces: 7
- Carport Spaces: 1
- Parking Features: Assigned, Direct Garage Access, Concrete, Garage Faces Front
- Builders Tract Name: Eastside Central
- Builders Tract Code: Eastside Central (ECCM)
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $3,150
- Unit Type Total Rent: $3,150
- Unit Type Pro Forma: 3400
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $2,300
- Unit Type Total Rent: $2,300
- Unit Type Pro Forma: 2700
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $2,500
- Unit Type Total Rent: $2,500
- Unit Type Pro Forma: 2700
- Unit Type Type: 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $2,300
- Unit Type Total Rent: $2,300
- Unit Type Pro Forma: 2700
- Unit Type Type: 4
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $2,300
- Unit Type Total Rent: $2,300
- Unit Type Pro Forma: 2700
- Unit Type Type: 5
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $2,995
- Unit Type Total Rent: $2,995
- Unit Type Pro Forma: 3400
- Unit Type Type: 6
- Number Of Units Leased: 6
- Rent Controlled: Yes
- Number Of Buildings: 4
- Number Of Separate Electric Meters: 6
- Number Of Separate Gas Meters: 6
- Number Of Separate Water Meters: 1
- Number With Range: 6
- Number With Disposal: 6
- Number With Patio: 6
- Number Wall AC: 2
Property History for 2474 Elden Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2474 Elden Avenue
Schools near 2474 Elden Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 2 | |||
| Public - | 3 to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Woodland Elementary School PublicK to 2 | ||
Heinz Kaiser Elementary School Public3 to 6 | ||
Horace Ensign Intermediate School Public7 to 8 | ||
Newport Harbor High School Public9 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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Listing Courtesy of Pavilion Properties, Paula Rayburn, DRE #00882686
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.