330 N Shaffer Street

Orange, CA 92866 View Map $950,000 Ask a Question
Acres0.17
Year1917
330 N Shaffer Street, Orange, CA 92866 | MLS# PW19279282 | multi-family listing Photo 1
330 N Shaffer Street, Orange, CA 92866 | MLS# PW19279282 | multi-family listing Map
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Status: Sold
Property Type:Residential Income (Multi-Family)
MLS #:PW19279282
Date Sold:3/27/2020
Lot Size:0.17 Acres
County:Orange
Price reduced for quick sale. 330 North Shaffer Street is a well maintained duplex located in Old Towne Orange. The property is conveniently located just steps from Chapman University and is within 3 blocks of Central Plaza Park which is the central point of Old Towne Orange. The duplex features two detached apartment structures which sit atop a rectangular shaped 7,571 square foot lot. The subject property features two and three bedroom apartments which are both currently rented. Each apartment comes with its own private, enclosed yard and the 2 bedroom apartment has an attached storage room. Both apartments have upgraded flooring throughout, new kitchen cabinets and countertops, newer panel doors, new bathroom vanities, and updated tile shower surrounds. Along with the close proximity to Old Towne Orange and Chapman University, the Shaffer duplex apartments are easily accessible from the 22, 57, 55, and 5 Freeways along with the Orange Metrolink Station.

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Price Change History

Date Old Price New Price Percent Change
1/22/2020$995,000$959,000-3.6%
3/27/2020$959,000$950,000-0.9%

Community Information

Address:330 N Shaffer Street Orange, CA 92866
County:Orange
City:Orange
Zip Code:92866

Architecture

Year Built:1917
Stories:One
Total Units: 2
Unit 1: 1 Unit•3 Beds•1 Bath•Unfurnished•$2,850 actual rent•$2,850 total rent•$3,100 pro forma
Unit 2: 1 Unit•2 Beds•1 Bath•Unfurnished•$1,675 actual rent•$1,675 total rent•$2,000 pro forma
Roofing: Composition
Basement: Cable TV, Electricity, Gas
Parking: Assigned

Features / Amenities

Common Walls: No Common Walls
Parking Total: 6
Appliances: Gas Range

Property Features

Lot Size: 0.17 Acres / 7571 Sq. Ft.
Lot Features: Lot 6500-9999, Rectangular Lot
Lot Number: 4
Sewer: Public Sewer
Water: Public
Directions:North of Chapman Ave. and East of Glassell St.

Tax and Financial Info

Tenant Pays: Cable TV, Electricity, Gas
Land Lease: No
Gardener Expense: 1200.00
Insurance Expense: 1100.00
Maintenance Expense: 2634.00
Trash Expense: 1250.00
Water / Sewer Expense: 1250.00
Total Expenses: 18930.00
Gross Operating Income: 52671.00

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Listing provided courtesy of Michael Arp, Morgan Skenderian.
Based on information from California Regional Multiple Listing Service, Inc. as of September 24, 2020. 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. IDX provided by Sierra Interactive.