NOT LISTED FOR SALE

Estimated Value: $1,111,000 - $1,296,000

10 Beds
6 Baths
3,562 Sq Ft
$336/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $935,000 $262 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $7,480/month

238 Days on Market

About This Home

As of July 2021

This amazing contenporary duplex with NO RENT CONTROL is a must see home and a property you want to grab ASAP!! The gate has an entry way into the 2 car garage of the front unit of the home and there is another gateway right behind the home in the alley that leads to a single car garage in the back unit of the duplex. There are 2.5 bedrooms and 3 bathrooms The interior is an awesome open floor plan with high quality air heating, granite countertops, nice wood cabinets, and laminated flooring with all units having indoor laundry for ease. The outer side is very clean and sealed with a cement drive thru with many parking spaces. This property is highly desirable! Take a look at it today!

Last Agent to Sell the Property

Judy Hyun

TEAM SPIRIT REALTY License #01338246 Listed on: 09/29/2020

Last Buyer's Agent

Julie Olsen

Olsen Realty License #01435744

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,618

Year Built

  • Built in 2019

Lot Details

  • 5,738 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 3,562 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 1358
  • Tax Tract Number 6097
  • Assessor Parcel Number 6029012019

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,300
  • New Taxes Expense $8,000
  • Operating Expense $9,300
  • Gross Income $74,400
  • Net Operating Income $65,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,618

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6029012019
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 262.49

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 5738.00
  • Lot Size Acres: 0.1317

Multi Family

  • Gross Income: 74400.00
  • Gross Scheduled Income: 74400.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 5738.0000 Square Feet
  • Net Operating Income: 65100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 9300.00
  • Rent Control: No
  • Total Expenses: 9300.00

Tax Info

  • New Taxes Expense: 8000.00
  • Tax Lot: 1358
  • Tax Tract Number: 6097

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2023
Sold by
Mook Ko Byeong
Bought by
Ko & Im Llc
Current Estimated Value
$1,195,589

Purchase Details

Closed on
Mar 3, 2022
Sold by
Hee Ko Mi
Bought by
Ko Byeong Mook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2022
Sold by
2Olsen Llc
Bought by
Ko Byeong Mook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2021
Sold by
Olsen Yong Hui
Bought by
2Olsen Llc

Purchase Details

Listed on
Sep 29, 2020
Closed on
Jul 3, 2021
Sold by
Lee Brian and Park Jaemin
Bought by
Olsen Yong Hui
Seller's Agent
Judy Hyun
TEAM SPIRIT REALTY
Buyer's Agent
Julie Olsen
Olsen Realty
List Price
$935,000
Sold Price
$935,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%
Original Mortgage
$800,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 29, 2020
Closed on
Jun 20, 2021
Sold by
Olsen Doug
Bought by
Olsen Yong Hui
Seller's Agent
Judy Hyun
TEAM SPIRIT REALTY
Buyer's Agent
Julie Olsen
Olsen Realty
List Price
$935,000
Sold Price
$935,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 21, 2019
Sold by
Safeguard Realty Investments Inc
Bought by
Park Susan Jaemin and Lee Brian

Purchase Details

Closed on
Mar 6, 2019
Sold by
Lee Young Ae
Bought by
Lee Jun Soo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 30, 2017
Closed on
Nov 16, 2017
Sold by
Johnson Ruth E
Bought by
Safeguard Realty Investments Inc
Seller's Agent
Annette Jenkins
Gold Real Estate
Buyer's Agent
Shirley Flowers
Better Homes and Gardens Real Estate Champions
List Price
$275,000
Sold Price
$317,000
Premium/Discount to List
$42,000
15.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.79%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ko & Im Llc -- Accommodation/Courtesy Recordi
Ko Byeong Mook -- Pacific Coast Title
Ko Byeong Mook $1,100,000 Pacific Coast Title
2Olsen Llc -- None Listed On Document
Olsen Yong Hui $935,000 Ticor Ttl Orange Cnty Branch
Olsen Yong Hui -- Ticor Ttl Orange Cnty Branch
Park Susan Jaemin $880,000 Fidelity National Title
Lee Jun Soo -- Old Republic Title Company
Safeguard Realty Investments Inc $317,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ko Byeong Mook $825,000
Previous Owner Olsen Yong Hui $800,000
Previous Owner Lee Jun Soo $380,000
Previous Owner Safeguard Realty Investments Inc $335,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $935,000 -5.5% $262 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
03/29/2021 03/29/21 Price Changed $989,000 +0.4% $278 / Sq Ft
03/29/2021 03/29/21 Price Changed $985,000 +5.3% $277 / Sq Ft
03/22/2021 03/22/21 For Sale $935,000 0.0% $262 / Sq Ft
03/02/2021 03/02/21 Off Market $935,000 -- --
09/29/2020 09/29/20 For Sale $935,000 +195.0% $262 / Sq Ft
12/07/2017 12/07/17 Sold $317,000 +15.3% $347 / Sq Ft
11/13/2017 11/13/17 For Sale $275,000 -13.2% $301 / Sq Ft
11/02/2017 11/02/17 Off Market $317,000 -- --
11/02/2017 11/02/17 For Sale $275,000 -13.2% $301 / Sq Ft
11/01/2017 11/01/17 Off Market $317,000 -- --
10/30/2017 10/30/17 For Sale $275,000 -- $301 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $13,618 $1,122,000 $561,000 $561,000
2024 $13,618 $1,100,000 $550,000 $550,000
2023 $13,879 $1,122,000 $612,000 $510,000
2022 $11,311 $935,000 $560,000 $375,000
2021 $11,045 $906,898 $463,755 $443,143
2020 $11,154 $897,600 $459,000 $438,600
2019 $4,017 $323,340 $323,340 $0
2018 $3,973 $317,000 $253,600 $63,400
2017 $386 $24,446 $14,758 $9,688
2016 $367 $23,968 $14,469 $9,499
2015 $363 $23,609 $14,252 $9,357
2014 $372 $23,147 $13,973 $9,174
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20198065

California Regional Multiple Listing Service (CRMLS)

APN: 6029-012-019