NOT LISTED FOR SALE

319 S Birch St Santa Ana, CA 92701

Heninger Park Neighborhood
3 Beds
2 Baths
7,912 Sq Ft
10,454 Sq Ft Lot

Last Sold August 16, 2024

Last sale price $3,335,000 $422 Per Sq Ft

63 Days on Market

Highlights

  • Main Floor Bedroom
  • Laundry Room
  • Ceiling Fan
  • Walk-In Closet
  • Tile Flooring
  • Wall Furnace

About This Home

As of August 2024

HIGHEST CAP RATE ON MARKET IN ORANGE COUNTY! 11 OF 14 UNITS RECENTLY RENOVATED. RENOVATIONS INCLUDE: BRAND NEW SUBPANELS, FIXTURES, LIGHTING, CABINETS, TOILETS, COUNTERTOPS, BATHROOMS, WALL HEATERS, INTERIOR PAINT, AND RE-GLAZED BATHTUBS. MOST UNITS HAVE LARGE WALK IN CLOSETS!

EXTERIOR RENOVATIONS INCLUDE: ROOF REPAIRS, NEW PAINT, NEW PARKING LOT LINING, LANDSCAPE, AND SIGNAGE. THE PROPERTY IS SITUATED ON A CORNER LOT WITH AMPLE STREET PARKING IN ADDITION TO 11 PARKING STALLS. THE BUILDING IS WALKING DISTANCE FROM SANTA ANA HIGH SCHOOL, CITY CENTER AND HISTORIC DOWNTOWN SANTA ANA!

Last Listed By

Randall Mycorn

R L M Equities Brokerage Phone: 949-573-5309 License #02078223 Listed on: 04/18/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 10,454 Sq Ft Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 11 Parking Spaces

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 7,912 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Laundry Room

Kitchen

  • Gas Oven
  • Range Hood

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Bathrooms

Location

  • Suburban Location

Utilities

  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 10 / 11
  • Tax Tract Number 548
  • Assessor Parcel Number 39828605
  • $3,585 per year additional tax assessments

Community Details

Building Details

  • Rent Control
  • 15 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,440
  • Insurance Expense $6,330
  • Maintenance Expense $6,300
  • Other Expense $16,000
  • New Taxes Expense $42,625
  • Operating Expense $79,041
  • Gross Income $9,348
  • Net Operating Income $241,347

Additional Features

  • 14 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • CapRate: 7.00
  • Price Per Unit: 249643
  • Property Attached: Yes
  • Subdivision Name Other: Birch Manor
  • View: No
  • Zoning: SB-40
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 39828605
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 421.51
  • Room Type: Main Floor Bedroom, Walk-In Closet

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Total Parking Spaces: 11.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Range Hood, Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 10454.00
  • Lot Size Acres: 0.2400
  • Latitude Manual: 33.74265600

Multi Family

  • Gross Income: 9348.00
  • Gross Multiplier: 10.59
  • Gross Operating Income: 320621.00
  • Gross Scheduled Income: 330036.00
  • Insurance Expense: 6330.00
  • Laundry Income: 1800.00
  • Lot Size Area: 10454.0000 Square Feet
  • Maintenance Expense: 6300.00
  • Net Operating Income: 241347.00
  • Number Of Separate Electric Meters: 15
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 14
  • Operating Expense: 79041.00
  • Other Expense: 16000.00
  • Other Expense Description: All Utl.
  • Other Income1: 7548.00
  • Other Income Description: RUBS Estimate*
  • Rent Control: Yes
  • Total Expenses: 79041.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 42625.00
  • Tax Block: 11
  • Tax Census Tract: 746.01
  • Tax Lot: 10
  • Tax Tract Number: 548
  • TaxOtherAnnualAssessmentAmount: 3585.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $3,335,000 -4.6% $422 / Sq Ft
05/13/2024 05/13/24 Price Changed $3,495,000 -7.4% $442 / Sq Ft
04/18/2024 04/18/24 For Sale $3,775,000 +64.1% $477 / Sq Ft
10/13/2023 10/13/23 Sold $2,300,000 -8.0% $291 / Sq Ft
09/14/2023 09/14/23 Pending -- -- --
09/09/2023 09/09/23 For Sale $2,500,000 -- $316 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Randall Mycorn

    Seller's Agent in 2024

    Randall Mycorn

    R L M Equities

    (949) 862-1020

    1 in this area

    28 Total Sales

    Randall Mycorn
    Section Image
  • Chris Keramati

    Buyer's Agent in 2024

    Chris Keramati

    Triqor Group

    (949) 756-3232

    2 in this area

    23 Total Sales

    Chris Keramati
    Section Image
  • Vance Nordine

    Seller's Agent in 2023

    Vance Nordine

    Nordine Realty, Inc

    (562) 882-2399

    1 in this area

    103 Total Sales

    Vance Nordine
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24077229

California Regional Multiple Listing Service (CRMLS)

California Orange County Santa Ana 92701 Heninger Park

319 S Birch St, Santa Ana, CA

Homes for Sale in Santa Ana, CA

This home is located at 319 S Birch St, Santa Ana, CA 92701 since 18 April 2024. This property was built in 1960. 319 S Birch St is a home located in Orange County with nearby schools including Martin R. Heninger Elementary School, Willard Intermediate School, and Santa Ana High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information