Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

801 San Juan Ln Placentia, CA 92870

3 Beds 1 Baths 1,728 sqft Built 1977

$799,900

List Price

$2,890

$2.6K - $3.1K

Rent Est.

PROPERTY INFO

January 16, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1977
  • Price/Sqft : $462.91
  • 3 Days on Market
  • MLS # : PTP2100325
  • Updated Date : 01/15/2021 at 14:29
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,728 sqft
  • Baths : 1 full
Listing Agent

Pacific Sotheby's Int'l Realty

Listing Agent's Description

This updated home in Placentia sits on a corner lot of a quiet street with mountain views. As you enter, you're greeted by high-vaulted ceilings and a bright open floor plan with both living & family rooms, an open dining room, a remodeled kitchen w/ a built-in banquette and a screened patio/Arizona room. Inside the home features brand new carpets, fresh interior paint, recessed lighting, beautiful granite counters throughout and a spacious master suite with a double-door entry and a designer tiled shower. The home's exterior boasts a wrap-around backyard with a spacious lawn, multiple large patios and an extended driveway for your boat, RV and all your toys!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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)

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
Tynes Elementary School Primary Magnet 824 30 7
Kraemer Middle School Middle Magnet 952 38 7
Valencia High School High Magnet 2,740 100 9

Tynes Elementary School

  • Education Level: Primary
  • # of students: 824
  • # of teachers: 30
7
GreatSchools Rating

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
 

$719,910$879,890$799,900

PURCHASE PRICE

$2,601$3,179$2,890

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,890
EXPENSES Loan Payment -$2,778
Property Tax -$851
Property Insurance -$69
Property Management Fees -$142
CASH FLOW
-$950

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.

$799,900

PROJECTED PRICE

$2,890

PROJECTED RENT

0.36%

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

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$217,724

INVESTMENT

$217,724

Down Payment
$199,975
Rehab Estimate
$5,750
Closing Costs
$11,999

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$2,778

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $199,975
Loan Amount $599,925
See What Happens When You Reinvest Cash Flow

0.33

YEARS SAVED

$1,026

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,890

    LIST RENT
  • $1.67

    LIST RENT PER SQFT
  • $2,946

    COMP ESTIMATED VALUE
  • $1.7

    COMP AVG. RENT PER SQFT
Comps Range
$2,800
1$2,8002$2,8903$2,9004$3,2005$3,200
$3,200
RENT COMPS ANALYSIS
  • 801 San Juan Ln Placentia, CA 2
    • 3 beds 1 baths ∙ 1,728 Sqft ∙ Built 1977 3 beds 1 baths ∙ 1,728 Sqft ∙ Built 1977
    • Rent
    • Rent Per SQFT
    •  
    • $2,890
    • $1.67
    •  
  • 1167 Davis Way Placentia, CA 1
    • 4 beds 3 baths ∙ 1,700 Sqft ∙ Built 1997 4 beds 3 baths ∙ 1,700 Sqft ∙ Built 1997
    LEASED 07/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $1.65
    •  
  • 619 Jimenez Lane Placentia, CA 3
    • 3 beds 3 baths ∙ 1,766 Sqft ∙ Built 1995 3 beds 3 baths ∙ 1,766 Sqft ∙ Built 1995
    LEASED 06/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $1.64
    •  
  • 639 N Jensen Place Placentia, CA 4
    • 3 beds 3 baths ∙ 1,752 Sqft ∙ Built 1994 3 beds 3 baths ∙ 1,752 Sqft ∙ Built 1994
    LEASED 06/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.83
    •  
  • 609 Sepulveda Place Placentia, CA 5
    • 4 beds 3 baths ∙ 1,884 Sqft ∙ Built 1995 4 beds 3 baths ∙ 1,884 Sqft ∙ Built 1995
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,200
    • $1.70
    •  
PROPERTY LISTING DETAILS
Ever Eternity
Pacific Sotheby's Int'l Realty
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: PTP2100325
Last Updated: 01/15/2021
BESbswy