NOT LISTED FOR SALE

Estimated Value: $666,000 - $800,000

4 Beds
2 Baths
1,699 Sq Ft
$435/Sq Ft Est. Value

Last Sold December 21, 2017

Last sale price $480,000 $283 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,379/month

129 Days on Market

About This Home

As of December 2017

Income Generating Property!!! 2 units side by side. 2 beds 1 bath each. Fully remodeled. New kitchens, new bathrooms, new flooring, new windows, new ceilings, walls were retextured. You have to see it! Huge lot. 2 car detached garage. Alley access. Perfect for a large family or live in one and rent the other. Close proximity to schools, parks, grocery and major freeways. Both units completely vacant. Ready to move in.

Last Agent to Sell the Property

Iberri And Associates

Iberri & Associates Real Estate License #01706744 Listed on: 07/19/2017

Last Buyer's Agent

Ena Erazo

Pinnacle Estate Properties License #01353219

Pinnacle Estate Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1931

Lot Details

  • 5,739 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,699 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 1357
  • Tax Tract Number 6
  • Assessor Parcel Number 6029012018

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $100
  • Insurance Expense $100
  • Trash Expense $70
  • Water Sewer Expense $60
  • New Taxes Expense $5,000
  • Operating Expense $5,330
  • Gross Income $3,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1931

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 60.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6029012018
  • Year Built: 1931
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 282.52

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 70.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 5739.00

Multi Family

  • Electric Expense: 100.00
  • Gross Income: 3200.00
  • Gross Scheduled Income: 3200.00
  • Insurance Expense: 100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Expenses: 5330.00

Tax Info

  • New Taxes Expense: 5000.00
  • Tax Census Tract: 2398.01
  • Tax Lot: 1357
  • Tax Tract Number: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2024
Sold by
Rico Joseph Danny
Bought by
Joseph Danny Rico Living Trust and Rico
Current Estimated Value
$738,852

Purchase Details

Closed on
Feb 1, 2019
Sold by
Uribe Blanca and Rico Joseph Danny
Bought by
Rico Joseph Danny

Purchase Details

Listed on
Jul 19, 2017
Closed on
Dec 22, 2017
Sold by
Johns
Bought by
Jgrea
Seller's Agent
Iberri And Associates
Iberri & Associates Real Estate
Buyer's Agent
Ena Erazo
Pinnacle Estate Properties
List Price
$484,777
Sold Price
$480,000
Premium/Discount to List
-$4,777
-0.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%
Interest Rate
3.94%

Purchase Details

Listed on
Aug 13, 2016
Closed on
Aug 29, 2016
Sold by
Johnson Kymberly
Bought by
J & G Real Estate Investment Inc
Seller's Agent
Michael Vaughn
Great American R.E. Services
Buyer's Agent
Iberri And Associates
Iberri & Associates Real Estate
List Price
$380,000
Sold Price
$251,777
Premium/Discount to List
-$128,223
-33.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
73.58%
Original Mortgage
$253,500
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 7, 2008
Sold by
Johnson Kymberly
Bought by
Johnson Kymberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 1993
Sold by
Johnson Carlatta L
Bought by
Johnson Kymberly O
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
Joseph Danny Rico Living Trust -- None Listed On Document
Rico Joseph Danny -- None Available
Jgrea -- --
J & G Real Estate Investment Inc $252,000 Title 365
Johnson Kymberly -- Gateway Title
Johnson Kymberly O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jgrea --
Previous Owner J & G Real Estate Investment Inc $253,500
Previous Owner Johnson Kymberly $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/21/2017 12/21/17 Sold $480,000 -1.0% $283 / Sq Ft
07/19/2017 07/19/17 For Sale $484,777 +92.5% $285 / Sq Ft
10/20/2016 10/20/16 Sold $251,777 -3.2% $148 / Sq Ft View Prior Sale
09/02/2016 09/02/16 Price Changed $260,000 -31.6% $153 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
08/13/2016 08/13/16 For Sale $380,000 -- $224 / 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 $6,509 $524,063 $322,176 $201,887
2024 $6,509 $513,788 $315,859 $197,929
2023 $6,387 $503,715 $309,666 $194,049
2022 $6,095 $493,840 $303,595 $190,245
2021 $6,017 $484,158 $297,643 $186,515
2020 $6,075 $499,391 $313,784 $185,607
2019 $6,073 $489,600 $307,632 $181,968
2018 $5,968 $480,000 $301,600 $178,400
2016 $619 $35,362 $14,469 $20,893
2015 $613 $34,832 $14,252 $20,580
2014 $625 $34,150 $13,973 $20,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17165658

California Regional Multiple Listing Service (CRMLS)

APN: 6029-012-018