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Listing 10 out of 283
Sold for $742,000 Closed

1931 E Stearns Avenue
Orange, CA 92866

2 units | Multi Family Home
6970 sq ft lot - MLS# PW17109782
Property Photo


Sold for $742,000 on Jul 24, 2017


Rare opportunity to own a well-maintained duplex or two in the heart of Orange County. Conveniently located near everywhere you want to be in OC in the city of Orange. 1 Unit 3 bedroom, 2 baths plus garage; 2nd unit is 2 bedroom, 2 baths plus garage. So many opportunities to consider. Live in 1 and rent the other, live in one and use other as a mother in law suite, or rent them both for a good return on your investment. The seller is also selling the duplex adjacent at 1915 E Stearns Ave for the same amount. Can sell separately or together. Tenants have been long time residents for over a decade which is why the gross rents are much lower than they should be in this area. Both units on this unit are currently occupied and tenants are month to month. Drive by only do not disturb tenants.


  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Closed
  • Listing Price: $739,000
  • Zip Code: 92866
  • Year Built: 1968
  • Stories: Two
  • Units: 2 units
  • # of Parking Spaces: 2.00
  • Acres: 6970 sq ft lot
  • Area: 699 - Not Defined
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 2530
  • Building Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Community Features: Sidewalks
  • Country: US
  • Directions: Off Tustin Ave between 22 & 55 freeway.
  • Electric Expense: 1300
  • Entry Level: 1
  • Garage Spaces: 2.00
  • Gross Income: 46440
  • Gross Scheduled Income: 46440
  • Insurance Expense: 1200
  • Lot Features: Cul-De-Sac, Front Yard, Paved, Yard
  • Lot Size Area: 6970.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: MR
  • Net Operating Income: 30603
  • New Taxes Expense: 9238
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Operating Expense: 15838.00
  • Property Attached: Yes
  • Selling Agent: Mariella Agrusa
  • Selling Office: Keller Williams Realty
  • Stories Total: 1
  • Total Actual Rent: 3870
  • Total Expenses: 14678.00
  • Trash Expense: 1440
  • Water Sewer Expense: 1500
  • Water Source: Public
  • Sold Price: 742000
  • Sold Date: 2017-07-24 00:00:00
Courtesy of Keller Williams Realty, Mariella Agrusa
Based on information from California Regional Multiple Listing Service, Inc. as of 2017-09-20. 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.

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Nina Mai
Corona, CA 92882
Phone: 714-604-5648
Email: nina.mairealty@gmail.com

Nina Mai - Agent with Mai Realty, Inc.

Nina Mai - Agent with Mai Realty, Inc.