Seller's Agent in 2017
Alexander Yu
First Team Real Estate
(949) 759-5747
355 Total Sales
1002 W Denni St Wilmington, CA 90744
Estimated Value: $1,104,000 - $1,248,000
4
Beds
2
Baths
3,840
Sq Ft
$305/Sq Ft
Est. Value
Highlights
- Property is near a park
- No HOA
- Wall Furnace
- Lawn
- Laundry Room
About This Home
As of April 2017Great opportunity to own a 4-unit investment property in the heart of Wilmington. All units are spacious two bedrooms with one and a half baths. The majority of units have been updated a few short years ago. The property is situated on a spacious lot with onsite parking, long-term tenants and a charming garden area. This multi-family unit has strong rental demand with built-in upside for rents. All units are leased and it is located close to schools, super markets, shops and restaurants. Whether you are looking to purchase your first investment property or adding to your investment property portfolio, this property has it all.
Last Agent to Sell the Property
First Team Real Estate License #01492674 Listed on: 03/08/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,488
Year Built
- Built in 1963
Lot Details
- 5,973 Sq Ft Lot
- No Common Walls
- Lawn
Home Design
- Quadruplex
Interior Spaces
- 3,840 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Parking
- Parking Available
- Tandem Uncovered Parking
- Shared Driveway
- Paved Parking
- Uncovered Parking
Outdoor Features
- Exterior Lighting
Location
- Property is near a park
- Property is near public transit
Utilities
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 15
- Tax Tract Number 400
- Assessor Parcel Number 7415030016
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $420
- Insurance Expense $1,800
- Trash Expense $1,920
- Water Sewer Expense $200
- New Taxes Expense $7,488
- Operating Expense $13,428
- Gross Income $44,160
- Net Operating Income $30,532
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 14, 2021
Sold by
Hernandez Gabriela Rios and Hernandez Gabriela Rios
Bought by
Hernandez Luis and Hernandez Gabriela
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,300
Outstanding Balance
$424,002
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$747,809
Purchase Details
Listed on
Mar 8, 2017
Closed on
Apr 14, 2017
Sold by
Hernandez Luis E
Bought by
Hernandez Gabriela Rios
Seller's Agent
Alexander Yu
First Team Real Estate
Buyer's Agent
Lee Markus Alli
Exquisite Estates, Inc.
List Price
$609,000
Sold Price
$651,000
Premium/Discount to List
$42,000
6.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%
Original Mortgage
$488,250
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 8, 2017
Closed on
Mar 22, 2017
Sold by
Cisneros Guadalupe
Bought by
Hernandez Gabriela Rios
Seller's Agent
Alexander Yu
First Team Real Estate
Buyer's Agent
Lee Markus Alli
Exquisite Estates, Inc.
List Price
$609,000
Sold Price
$651,000
Premium/Discount to List
$42,000
6.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,250
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 2, 2006
Sold by
Cisneros Dionisio and Cisneros Guadalupe
Bought by
Cisneros Dionisio
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hernandez Luis | -- | New Title Company Name | |
| Hernandez Gabriela Rios | -- | Western Resources Title Co | |
| Hernandez Gabriela Rios | $651,000 | Western Resources Title Co | |
| Cisneros Dionisio | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hernandez Luis | $467,300 | |
| Previous Owner | Hernandez Gabriela Rios | $488,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2017 04/21/17 | Sold | $651,000 | +6.9% | $170 / Sq Ft |
| 03/08/2017 03/08/17 | For Sale | $609,000 | -- | $159 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,482 | $755,535 | $464,232 | $291,303 |
| 2024 | $9,482 | $740,722 | $455,130 | $285,592 |
| 2023 | $9,306 | $726,199 | $446,206 | $279,993 |
| 2022 | $8,886 | $711,960 | $437,457 | $274,503 |
| 2021 | $8,762 | $698,001 | $428,880 | $269,121 |
| 2020 | $8,844 | $690,845 | $424,483 | $266,362 |
| 2019 | $8,507 | $677,300 | $416,160 | $261,140 |
| 2018 | $8,398 | $664,020 | $408,000 | $256,020 |
| 2016 | $1,545 | $96,498 | $21,671 | $74,827 |
| 2015 | $1,528 | $95,050 | $21,346 | $73,704 |
| 2014 | $1,560 | $93,189 | $20,928 | $72,261 |
Source: Public Records
Agents Affiliated with this Home
-
Alexander Yu
-
Lee Markus Alli
L
Buyer's Agent in 2017
Lee Markus Alli
Exquisite Estates, Inc.
(626) 991-2300
14 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC17047049
APN: 7415-030-016
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.
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
Nearby Homes
- 1022 W Denni St
- 1060 King Ave
- 1109 N Wilmington Blvd
- 1056 King Ave
- 1021 W Denni St
- 1052 King Ave
- 1113 N Wilmington Blvd
- 1108 King Ave
- 1056 N Wilmington Blvd
- 1046 King Ave
- 1119 N Wilmington Blvd
- 1112 King Ave
- 1052 N Wilmington Blvd
- 1042 Wilmington Blvd
- 1106 N Wilmington Blvd
- 1042 King Ave
- 1046 N Wilmington Blvd
- 1118 King Ave
- 1123 N Wilmington Blvd
- 1112 N Wilmington Blvd