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107 San Anselmo Lane Placentia, CA 92870

4 Beds 2 Baths 1,900 sqft Built 1975

$829,900

List Price

$3,240

$3K - $3.5K

Rent Est.

PROPERTY INFO

January 29, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1975
  • Price/Sqft : $436.79
  • 4 Days on Market
  • MLS # : RS21018805
  • Updated Date : 01/30/2021 at 11:46
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,900 sqft
  • Baths : 2 full
Listing Agent

New West Real Estate

Listing Agent's Description

Entertainer's Delight, spacious single story with built-in pool and spa across from Alta Vista Country Club. Features large master bedroom with sunken jacuzzi tub/ shower combo, Tiled flooring, ceiling fans, vertical and louvered blinds throughout. Newer dual pane windows, vaulted ceilings canned lighting, attic fan w/ timer, 5 burner gas stove top on island counter, mirrored wardrobe closet doors and walk-in closet in master bedroom. Backyard includes double durable covered patio, block wall fencing and two avocado trees. Covered workshop attacked to side of garage with full utilities. Garage is equipped with sink and huge attic storage space. Walking distance to award winning Tyne Elementary School. Close to freeways, shopping and fine dining. This is a Party house.

SEE MORE

MARKET HIGHLIGHTS

  • Southern California's economy is worth $1.58 trillion in Gross Metro Product and projected to grow to $1.67 trillion (USMayors.org, 2018)
  • Southern California has 58.7% labor force participation rate; within this area, Los Angeles metro has 62.3% labor force participation rate (USMayors.org, 2018)
  • Headquarters to several Fortune 500 companies: Amgen, Farmers Insurance, Walt Disney, Avery Dennison, Activision Blizzard, CBRE Group, Edison International, Molina Healthcare, First American Financial, Pacific Life, Qualcomm and Sempra Energy (Fortune, 2018)
  • Los Angeles has been awarded the 2028 Olympics under a funding commitment of $88 billion to upgrade the transportation infrastructure connecting disparate pockets of the metro area. This is expected to produce additional employment in the coming years. (BCG, 2018)
  • As part of Southern California area, Orange County market inherits all the benefits from the area.
  • Southern California area contributes to 55.3% of California state economy i.e. Gross State Product (USMayors.org, 2018)
  • The area has major technology nodes of excellence: Los Angeles (Media and entertainment); Pasadena (High-tech engineering, data analytics); Riverside (Agtech, transportation/ distribution); San Diego (Healthcare, biotech, wireless communications); Irvine (Medtech, cyber security); El Segundo (Aerospace and defense IT, space transport) [BCG, 2018]
  • Southern California produces more technology PhDs per year than any other region in the country and many of the higher educated students stay within Souther California contributing to readily available workforce skills making the area more attractive than Silicon Valley (BCG, 2018)

PRICE & RENT TRENDS

Zip Code: 92870

ZipNIR Market*CityMarket2010Year20002019250k300k350k400k450k500k550k600k650k700kPrice in $243k742k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Zip Code: 92870

ZipNIR Market*CityMarket2010Year2000 Q22019 Q22000220024002600280030003200Rent in $18443345

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Kraemer Middle School Middle Magnet 952 38 7
Valencia High School High Magnet 2,740 100 9

Kraemer Middle School

  • Education Level: Middle
  • # of students: 952
  • # of teachers: 38
7
GreatSchools Rating

Valencia High School

  • Education Level: High
  • # of students: 2,740
  • # of teachers: 100
9
GreatSchools Rating
 

$746,910$912,890$829,900

PURCHASE PRICE

$2,916$3,564$3,240

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,240
EXPENSES Loan Payment -$2,883
Property Tax -$883
Property Insurance -$73
Property Management Fees -$159
CASH FLOW
-$757

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 13% of earned rent to cover both maintenance and periods of vacancy.

$829,900

PROJECTED PRICE

$3,240

PROJECTED RENT

0.39%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.24%
Appreciation Year (1-5) 5.5%
Maintenance Year (1-5) 8.00%
Vacancy 5.38%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

11530-$15k-$10k-$5.0k$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$225,674

INVESTMENT

$225,674

Down Payment
$207,475
Rehab Estimate
$5,750
Closing Costs
$12,449

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$2,883

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $207,475
Loan Amount $622,425
See What Happens When You Reinvest Cash Flow

1.42

YEARS SAVED

$6,341

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $3,240

    LIST RENT
  • $1.71

    LIST RENT PER SQFT
  • $3,221

    COMP ESTIMATED VALUE
  • $1.7

    COMP AVG. RENT PER SQFT
Comps Range
$2,900
1$2,9002$3,0003$3,2004$3,2405$3,500
$3,500
RENT COMPS ANALYSIS
  • 107 San Anselmo Lane Placentia, CA 4
    • 4 beds 2 baths ∙ 1,900 Sqft ∙ Built 1975 4 beds 2 baths ∙ 1,900 Sqft ∙ Built 1975
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $3,240
    • $1.71
    •  
  • 619 Jimenez Lane Placentia, CA 1
    • 3 beds 3 baths ∙ 1,766 Sqft ∙ Built 1995 3 beds 3 baths ∙ 1,766 Sqft ∙ Built 1995
    property image
    LEASED 06/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $1.64
    •  
  • 314 Ruby Drive Placentia, CA 2
    • 3 beds 2 baths ∙ 1,722 Sqft ∙ Built 1956 3 beds 2 baths ∙ 1,722 Sqft ∙ Built 1956
    property image
    LEASED 05/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.74
    •  
  • 609 Sepulveda Place Placentia, CA 3
    • 4 beds 3 baths ∙ 1,884 Sqft ∙ Built 1995 4 beds 3 baths ∙ 1,884 Sqft ∙ Built 1995
    property image
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.70
    •  
  • 1107 Montecito Street Placentia, CA 5
    • 4 beds 3 baths ∙ 2,055 Sqft ∙ Built 1965 4 beds 3 baths ∙ 2,055 Sqft ∙ Built 1965
    property image
    LEASED 07/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $1.70
    •  
PROPERTY LISTING DETAILS
Gene Burd
New West Real Estate
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: RS21018805
Last Updated: 01/30/2021
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