NOT LISTED FOR SALE

Estimated Value: $668,053 - $835,000

6 Beds
4 Baths
2,034 Sq Ft
$362/Sq Ft Est. Value

Last Sold May 10, 2013

Last sale price $229,000 $113 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $4,290/month

About This Home

As of May 2013

***STANDARD SALE...SOLD AS-IS CASH ONLY*** Excellent Opportunity to Purchase an Income Property in a Wonderful Quiet Neighborhood! ***Large Square Footage...county records shows 2034 sq ft on a 5707 sq ft Lot! Legally 3 units in 1 bldg and 1 unit in the other w/ a 2 car attached garage. **Conflicting info found...Buyers & Buyer's agent to confirm bdrm/bath count, sq. ft. & legal use of space. Addition unknown if permitted.** Currently 2 of the units are combined into one...now 3 units total. If brought back to 4 legal units: 2 units are estimated to rent each at $900.00/month & the other 2 units are estimated to rent each at $750.00/month for a total of $3300.00 or more each month for an ANNUAL est INCOME OF $39,600.00 or More...Year After Year of steady income! Excellent freeway access for commuting. Quick Response to all offers. Hurry, will sell fast!***

Last Agent to Sell the Property

Rick Young

Young Estate Services License #01818513 Listed on: 04/25/2013

Last Buyer's Agent

Rick Young

Young Estate Services License #01818513 Listed on: 04/25/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 5,707 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • 2,034 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 112
  • Tax Tract Number 6209
  • Assessor Parcel Number 6029020028

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 6029020028
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 112.59

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Unknown

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 5707.00
  • Lot Size Acres: 0.1310

Multi Family

  • Gross Income: 3300.00
  • Gross Scheduled Income: 39600.00
  • Lot Size Area: 5707.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Lot: 112
  • Tax Tract Number: 6209
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2015
Sold by
Sanchez Sonia
Bought by
Best Western Summit Inn Inc
Current Estimated Value
$736,513

Purchase Details

Closed on
Sep 4, 2014
Sold by
Sanchez Lorenzo
Bought by
Sanchez Sonia

Purchase Details

Closed on
Apr 28, 2014
Sold by
Ah Capital Llc
Bought by
Ahcl Capital Llc

Purchase Details

Listed on
Apr 25, 2013
Closed on
Apr 26, 2013
Sold by
Gb Inland Properties Llc
Bought by
Ah Capital Llc
Seller's Agent
Rick Young
Young Estate Services
Buyer's Agent
Rick Young
Young Estate Services
List Price
$249,000
Sold Price
$229,000
Premium/Discount to List
-$20,000
-8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.63%

Purchase Details

Closed on
Jan 2, 2013
Sold by
Hernandez Maria
Bought by
Gb Inland Properties Llc

Purchase Details

Closed on
Aug 6, 2010
Sold by
Ehrenberg Howard M and Case #08-24835-Sb
Bought by
Jrl Investment Group Inc

Purchase Details

Closed on
Oct 12, 2007
Sold by
Hernandez Maria
Bought by
Rq Properties Llc

Purchase Details

Closed on
Mar 5, 2004
Sold by
Guerrero Jorge A and Gomez Idolina
Bought by
Hernandez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2002
Sold by
Gomez Francisco
Bought by
Gomez Idolina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,214
Interest Rate
6.22%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 10, 2002
Sold by
Ccdl Investments Inc
Bought by
Guerrero Jorge A and Hernandez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,214
Interest Rate
6.22%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 25, 2002
Sold by
Hud
Bought by
C C D L Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.85%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 30, 1999
Sold by
Norwest Mortgage Inc
Bought by
Hud

Purchase Details

Closed on
Sep 15, 1999
Sold by
Monge Jose Mercedes
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Feb 17, 1998
Sold by
Monge Jose Mercedes and Norwest Mtg Inc
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Aug 28, 1996
Sold by
Cervantes Jose
Bought by
Monge Jose Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,561
Interest Rate
8.2%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 29, 1994
Sold by
Cervantes Rosa H
Bought by
Cervantes Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
9.29%

Purchase Details

Closed on
Sep 28, 1994
Sold by
Transamerica Financial Services
Bought by
Cervantes Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,408
Interest Rate
8.55%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Best Western Summit Inn Inc $375,000 Fidelity National Title Co
Sanchez Sonia -- Fidelity National Title Co
Sanchez Sonia $255,000 Fidelity National Title Co
Ahcl Capital Llc -- Fatcola
Ah Capital Llc $215,000 Ticor Title Riverside
Gb Inland Properties Llc $185,000 None Available
Jrl Investment Group Inc -- None Available
Rq Properties Llc $544,500 None Available
Hernandez Maria -- First Southwestern Title Co
Gomez Idolina -- Southland Title
Guerrero Jorge A $245,000 Southland Title
C C D L Investments Inc $135,000 First Southwestern Title Co
Hud -- Fidelity National Title Ins
Norwest Mtg Inc $194,932 Fidelity National Title Ins
Norwest Mtg Inc $194,932 Fidelity National Title
Monge Jose Mercedes $190,000 Orange Coast Title
Cervantes Jose -- Title Land Company Inc
Cervantes Jose $125,000 Continental Lawyers Title Co
Cervantes Jose -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Maria $247,000
Previous Owner Guerrero Jorge A $241,214
Previous Owner C C D L Investments Inc $135,000
Previous Owner Monge Jose Mercedes $184,561
Previous Owner Cervantes Jose $140,000
Previous Owner Cervantes Jose $121,408
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2013 05/10/13 Sold $229,000 -8.0% $113 / Sq Ft
04/25/2013 04/25/13 Pending -- -- --
04/25/2013 04/25/13 For Sale $249,000 -- $122 / 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 $5,727 $450,686 $252,384 $198,302
2024 $5,727 $441,850 $247,436 $194,414
2023 $5,622 $433,187 $242,585 $190,602
2022 $5,370 $424,694 $237,829 $186,865
2021 $5,297 $416,367 $233,166 $183,201
2020 $5,346 $412,099 $230,776 $181,323
2019 $5,145 $404,019 $226,251 $177,768
2018 $5,064 $396,098 $221,815 $174,283
2016 $4,830 $380,718 $213,202 $167,516
2015 $4,047 $315,000 $180,000 $135,000
2014 -- $215,975 $160,726 $55,249
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG13075057

California Regional Multiple Listing Service (CRMLS)

APN: 6029-020-028