$749,900
SOLD OCT 31, 2024
5 Beds
3 Baths
1,966 Sq Ft
0.44 Acres

Recently Sold

$381 Per Sq Ft

13 Days on Market

Highlights

  • 0.44 Acre Lot
  • Laundry Room
  • 1-Story Property
  • No HOA
  • No Heating

About This Home

As of October 2024

A rare opportunity to own 2 on a lot on nearly a half acre parcel. Located close to schools, shopping and transportation these 2 units sit on a 19,166 square foot lot. A great opportunity for large families or an investor. These units do need some tlc. The front unit is 3 bedrooms & 2 bathrooms & a attached 2 car garage. The rear home offers 2 bedrooms & 1 bathroom & also has a 2 car garage. Behind the 2 homes sits another nice size lot that could be used for storage or an additional residence. There is plenty of parking on both units.

Last Agent to Sell the Property

Rudy Montoya

Alliance Residential Brokerage Phone: 951-538-7343 License #01407285 Listed on: 09/26/2024

Last Buyer's Agent

Raquel Terrones

RE/MAX One License #01707929

RE/MAX One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,866

Year Built

  • Built in 1959

Lot Details

  • 0.44 Acre Lot
  • No Common Walls
  • Rural Setting
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,966 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • No Heating

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 7 / 14
  • Tax Tract Number 412
  • Assessor Parcel Number 147230020
  • $57 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $45,000
  • Net Operating Income $33,750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,866

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 374950
  • Property Attached: No
  • Zoning: R1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 147230020
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: GROUND LEVEL NO STEPS
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 381.43

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 19166.00
  • Lot Size Acres: 0.4400

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 45000.00
  • Gross Scheduled Income: 45000.00
  • Lot Size Area: 19166.0000 Square Feet
  • Net Operating Income: 33750.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 11250.00
  • Operating Expense Percent: 25.00
  • Rent Control: No

Tax Info

  • Tax Block: 14
  • Tax Census Tract: 412.02
  • Tax Lot: 7
  • Tax Tract Number: 412.02
  • TaxOtherAnnualAssessmentAmount: 57.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2024
Closed on
Oct 15, 2024
Sold by
Perez Maria G
Bought by
Valverde Abraham and Bueno Julia
Seller's Agent
Rudy Montoya
Alliance Residential
Buyer's Agent
Raquel Terrones
RE/MAX One
List Price
$749,900
Sold Price
$749,900
Total Days on Market
13
Views
18
Current Estimated Value
$752,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,756
Avg. Annual Appreciation
0.63%
Original Mortgage
$400,000
Outstanding Balance
$397,622
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$355,034

Purchase Details

Closed on
May 10, 2005
Sold by
Perez Maria G
Bought by
Perez Sebastian and Perez Maria G

Purchase Details

Closed on
Feb 7, 2005
Sold by
Perez Sebastian
Bought by
Perez Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
5.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 3, 2004
Sold by
Perez Maria G
Bought by
Perez Maria G and Perez Sebastian

Purchase Details

Closed on
Sep 15, 2003
Sold by
Cardenas Hector
Bought by
Perez Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 2, 2000
Sold by
Pusavat Dhongchai and Pusavat Yoko Sasai
Bought by
Morva Simon R and Morva Rosa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,540
Interest Rate
7.98%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 7, 1996
Sold by
Pusavat Dhongchai and Pusavat Yoko
Bought by
Pusavat Dhongchai and Pusavat Yoko Sasai
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $750,000 Ticor Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Diversified Title & Escrow S
Interfamily Deed Transfer -- --
Grant Deed $300,000 United Title Company
Interfamily Deed Transfer -- United Title Company
Grant Deed $130,000 First American Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Previous Owner $237,250 Commercial
Previous Owner $266,250 Commercial
Previous Owner $225,000 Commercial
Previous Owner $128,540 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold $749,900 0.0% $381 / Sq Ft
10/09/2024 10/09/24 Pending -- -- --
09/26/2024 09/26/24 For Sale $749,900 -- $381 / 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
2023 $3,866 $307,459 $88,815 $218,644
2022 $3,578 $301,431 $87,074 $214,357
2021 $3,525 $295,521 $85,367 $210,154
2020 $3,468 $292,492 $84,492 $208,000
2019 $3,423 $286,758 $82,836 $203,922
2018 $3,376 $281,136 $81,212 $199,924
2017 $3,314 $275,624 $79,620 $196,004
2016 $3,260 $270,220 $78,059 $192,161
2015 $3,212 $266,164 $76,888 $189,276
2014 $3,202 $260,952 $75,383 $185,569
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG24197409

California Regional Multiple Listing Service (CRMLS)

APN: 147-230-020