NOT LISTED FOR SALE

Estimated Value: $720,972 - $1,109,000

8 Beds
8 Baths
4,200 Sq Ft
$225/Sq Ft Est. Value

Last Sold April 14, 2015

Last sale price $438,000 $104 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $5,437/month

213 Days on Market

About This Home

As of April 2015

Very nice 4 unit property currently collecting $800 per unit. Very low maintenance units. Self contained. Separate electric and gas meters. 1 water meter.

Last Agent to Sell the Property

Nick Ebadi

Landmark Realty & Mortgage License #01505017 Listed on: 09/11/2014

Last Buyer's Agent

Ronald Li

A + Realty & Mortgage License #01788008

A + Realty & Mortgage

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 0.28 Acre Lot
  • No Common Walls

Parking

  • 4 Parking Spaces

Home Design

  • 4,200 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 29
  • Tax Tract Number 6904
  • Assessor Parcel Number 0169091220000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Insurance Expense $680
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • Gross Income $3,200
  • Net Operating Income $34,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 0169091220000
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 104.29

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 12044.00
  • Lot Size Acres: 0.2760

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 3200.00
  • Gross Scheduled Income: 38400.00
  • Insurance Expense: 680.00
  • Lot Size Area: 12044.0000 Square Feet
  • Net Operating Income: 34600.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 3800.00
  • Rent Control: No
  • Total Actual Rent: 3200.00

Tax Info

  • Tax Lot: 29
  • Tax Tract Number: 6904
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2017
Sold by
Sam Chi Kit
Bought by
Aack Lombard Investment Llc
Current Estimated Value
$946,243

Purchase Details

Closed on
Jan 17, 2017
Sold by
Chou Im
Bought by
Sam Chi Kit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2016
Sold by
Leung Pui Shan and Sugiharto Lisa
Bought by
Sam Chi Kit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 11, 2014
Closed on
Feb 26, 2015
Sold by
Li Nuo
Bought by
Leung Pui Shan
Seller's Agent
Nick Ebadi
Landmark Realty & Mortgage
Buyer's Agent
Ronald Li
A + Realty & Mortgage
List Price
$449,000
Sold Price
$438,000
Premium/Discount to List
-$11,000
-2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%
Original Mortgage
$255,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 4, 2015
Sold by
Amani Jim Osman and Amani Cindy Sue
Bought by
Lisa Leung Pui Shan and Lisa Sugirharto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 14, 2008
Sold by
Us Bank Na
Bought by
Amani Jim Osman and Amani Cindy Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2007
Sold by
Sarkis Connie
Bought by
Us Bank Na

Purchase Details

Closed on
Apr 20, 2006
Sold by
Sarkis Fouad
Bought by
Sarkis Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2005
Sold by
Miller Doyle V and Miller Judith Ann
Bought by
Serrano Jason and Serrano Verenice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 1998
Sold by
Cappuccitti Anthony J and Cappuccitti Patricia
Bought by
Miller Doyle V and Miller Judith Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Aack Lombard Investment Llc -- Western Resources Title Co
Sam Chi Kit -- Wfg Title Company
Sam Chi Kit $430,000 Wfg Title Company
Leung Pui Shan -- First American
Sugiharto Lisa -- First American
Lisa Leung Pui Shan $438,000 First American
Amani Jim Osman $420,000 Ticor Title Company Of Ca
Us Bank Na $514,263 Lsi Title
Sarkis Connie -- Fidelity Nationaltitle Co
Sarkis Connie $635,000 Fidelity Natl Title Ins Co
Serrano Jason $520,000 Chicago Title Company
Miller Doyle V -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sam Chi Kit $301,000
Previous Owner Lisa Leung Pui Shan $255,000
Previous Owner Amani Jim Osman $294,000
Previous Owner Sarkis Connie $508,000
Previous Owner Sarkis Connie $127,000
Previous Owner Serrano Jason $364,000
Closed Serrano Jason $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2015 04/14/15 Sold $438,000 -2.4% $104 / Sq Ft
04/12/2015 04/12/15 Pending -- -- --
09/11/2014 09/11/14 For Sale $449,000 -- $107 / 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 $5,872 $499,052 $98,650 $400,402
2024 $5,872 $489,267 $96,716 $392,551
2023 $5,865 $479,674 $94,820 $384,854
2022 $5,782 $470,269 $92,961 $377,308
2021 $5,886 $461,048 $91,138 $369,910
2020 $5,800 $456,320 $90,203 $366,117
2019 $5,639 $447,372 $88,434 $358,938
2018 $5,500 $438,600 $86,700 $351,900
2017 $5,747 $453,574 $91,129 $362,445
2016 $5,683 $444,680 $89,342 $355,338
2015 $4,331 $334,000 $69,600 $264,400
2014 $3,787 $290,400 $60,500 $229,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14196603

California Regional Multiple Listing Service (CRMLS)

APN: 0169-091-22