NOT LISTED FOR SALE

Estimated Value: $538,000 - $1,348,000

2 Beds
1 Bath
2,700 Sq Ft
$334/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $579,000 $214 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,363/month

47 Days on Market

Highlights

  • 0.78 Acre Lot
  • No Heating
  • 1-Story Property
  • Laundry Room

About This Home

As of November 2019

Large Lot, nearly 34,000 SF with 3 Separate Houses. Each house offers 2 Bedrooms and 1 Bathroom. Long Term Tenants in all units. The large lot is gated with electric entry gate with potential. Please contact city for potential uses. Current rents are below market due to long term good tenants.

Last Agent to Sell the Property

Kurt Tiedt

Kurt W. Tiedt License #01167589 Listed on: 08/19/2019

Last Buyer's Agent

Maria Contreras

Divina Realty License #01971645

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 0.78 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 7 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 2,700 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • Urban Location
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 13 / 41
  • Tax Tract Number 11111
  • Assessor Parcel Number 150110033

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Trash Expense $1,400
  • Water Sewer Expense $3,600
  • New Taxes Expense $6,600
  • Operating Expense $14,500
  • Gross Income $46,080
  • Net Operating Income $31,520

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 3600.00
  • Zoning: R3
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 150110033
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 214.44

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 7.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 1400.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 33977.00
  • Lot Size Acres: 0.7800

Multi Family

  • Average2 Bed Area: 900 Square Feet
  • Gross Income: 46080.00
  • Gross Operating Income: 46020.00
  • Gross Scheduled Income: 46080.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 33977.0000 Square Feet
  • Net Operating Income: 31520.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 14500.00
  • Rent Control: No
  • Total Expenses: 14500.00
  • Vacancy Allowance Rate: 1.00

Tax Info

  • New Taxes Expense: 6600.00
  • Tax Block: 41
  • Tax Census Tract: 411.01
  • Tax Lot: 13
  • Tax Tract Number: 11111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2024
Sold by
Benitez Cesar Rios
Bought by
Cesar Rios Benitez Revocable Living Trust and Benitez
Current Estimated Value
$902,766

Purchase Details

Listed on
Aug 19, 2019
Closed on
Nov 14, 2019
Sold by
Hippoze Bulk Investments Llc
Bought by
Benitez Cesar Rios
Seller's Agent
Kurt Tiedt
Kurt W. Tiedt
Buyer's Agent
Maria Contreras
Divina Realty
List Price
$600,000
Sold Price
$579,000
Premium/Discount to List
-$21,000
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.51%
Original Mortgage
$568,512
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 19, 2019
Closed on
Oct 29, 2019
Sold by
Zamora Gomez Alejandra Yolanda
Bought by
Benitez Cesar Rios
Seller's Agent
Kurt Tiedt
Kurt W. Tiedt
Buyer's Agent
Maria Contreras
Divina Realty
List Price
$600,000
Sold Price
$579,000
Premium/Discount to List
-$21,000
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,512
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 7, 2010
Sold by
The Bank Of New York Mellon
Bought by
Hippoze Bulk Invesment Llc

Purchase Details

Closed on
Jun 23, 2009
Sold by
Gastelum Nicole
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Nov 9, 2006
Sold by
Grewal Rajpal S and Grewal Kanwalpreet K
Bought by
Grewal Rajpal S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,800
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 19, 2006
Sold by
Grewal Rajpal S and Nat Inderbir S
Bought by
Gastelum Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,800
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
May 30, 2006
Sold by
Grewal Rajpal S and Grewal Kanwalpreet K
Bought by
Grewal Rajpal S and Grewal Kanwalpreet K

Purchase Details

Closed on
Nov 9, 2005
Sold by
Grewal Rajpal S
Bought by
Grewal Rajpal S and Nat Inderbir S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.93%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 20, 2004
Sold by
Kaur Kanwalpreet
Bought by
Grewal Rajpal S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,500
Interest Rate
3.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 1999
Sold by
Kaur Kanwalpreet
Bought by
Singh Rajpal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,964
Interest Rate
6.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 1999
Sold by
Hud
Bought by
Kaur Kanwalpreet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,964
Interest Rate
6.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 11, 1999
Sold by
Singh Rajpal
Bought by
Kaur Kanwalpreet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,964
Interest Rate
6.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 11, 1998
Sold by
Veliz David
Bought by
First Nationwide Mtg Corp

Purchase Details

Closed on
Mar 16, 1998
Sold by
First Nationwide Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Sep 15, 1995
Sold by
Brink Steven C and Brink Brigette J
Bought by
Veliz David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,608
Interest Rate
7.58%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cesar Rios Benitez Revocable Living Trust -- None Listed On Document
Benitez Cesar Rios $579,000 Old Republic Title
Benitez Cesar Rios -- None Available
Hippoze Bulk Invesment Llc $182,500 None Available
The Bank Of New York Mellon $170,000 Landsafe Title
Grewal Rajpal S -- Chicago Title Company
Gastelum Nicole $675,000 Chicago Title Company
Grewal Rajpal S -- None Available
Grewal Rajpal S -- None Available
Grewal Rajpal S $550,000 Chicago Title Company
Grewal Rajpal S -- Chicago Title Co
Grewal Rajpal S -- Chicago Title Co
Singh Rajpal -- Ati Title
Kaur Kanwalpreet $41,250 First American Title Co
Kaur Kanwalpreet -- First American Title Co
First Nationwide Mtg Corp $137,759 Fidelity National Title Ins
Hud -- Fidelity Title
Veliz David $130,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Benitez Cesar Rios $568,512
Previous Owner Gastelum Nicole $512,800
Previous Owner Grewal Rajpal S $250,000
Previous Owner Grewal Rajpal S $296,500
Previous Owner Singh Rajpal $141,964
Previous Owner Veliz David $127,608
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2019 11/22/19 Sold $579,000 0.0% $214 / Sq Ft
10/05/2019 10/05/19 Pending -- -- --
09/22/2019 09/22/19 Price Changed $579,000 -3.5% $214 / Sq Ft
08/19/2019 08/19/19 For Sale $600,000 -- $222 / 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 $7,764 $647,288 $82,021 $565,267
2023 $7,764 $622,155 $78,837 $543,318
2022 $7,028 $596,697 $77,292 $519,405
2021 $6,905 $584,998 $75,777 $509,221
2020 $6,794 $579,000 $75,000 $504,000
2019 $2,537 $210,821 $71,969 $138,852
2018 $2,502 $206,688 $70,558 $136,130
2017 $2,456 $202,636 $69,175 $133,461
2016 $2,416 $198,664 $67,819 $130,845
2015 $2,381 $195,682 $66,801 $128,881
2014 $2,373 $191,851 $65,494 $126,357
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG19198843

California Regional Multiple Listing Service (CRMLS)

APN: 150-110-033