NOT LISTED FOR SALE

Estimated Value: $829,000 - $1,049,980

4 Beds
3 Baths
1,680 Sq Ft
$532/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $766,600 $456 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,421/month

75 Days on Market

Highlights

  • Laundry Room
  • Floor Furnace
  • 1-Story Property
  • Woodrow Wilson High School Rated A

About This Home

As of February 2024

This unique property offers a rare opportunity to own two homes on one lot, with potential for future development. The front home is a large Craftsman-style home with 3 bedrooms, 2 baths, and an office that could be used as a 4th bedroom. The rear home is a detached one bedroom cottage with alley access. The property also features a detached 2-car garage, which is prime for conversion into an ADU (accessory dwelling unit). This would provide additional income potential or living space for extended family. The large lot includes a spacious driveway that can accommodate many vehicles, as well as a fruit tree enclosed area with pomegranate trees, a jujube tree, and permissions. This is a great space for entertaining guests or relaxing with family. This property is located in a desirable neighborhood, close to schools, parks, and shopping. It is also convenient to major transportation corridors

Last Agent to Sell the Property

Juan Huizar

Sage Real Estate Group, Inc. License #01417642 Listed on: 10/26/2023

Co-Listed By

Caleb Baldwin

INTI Realty License #02056751

Last Buyer's Agent

Matthew Tilley

First Team Real Estate License #02071033

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 6,522 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 6 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Combination Of Materials Used In The Driveway

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Floor Furnace
  • Wall Furnace
  • Standard Electricity

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 21
  • Assessor Parcel Number 7262007025
  • $617 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $1,200
  • Water Sewer Expense $1,200
  • Operating Expense $13,339
  • Gross Income $47,640
  • Net Operating Income $34,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Rose Park
  • Water Sewer Expenses: 1200.00
  • Zoning: LBR2N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7262007025
  • Year Built: 1913
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 456.31

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway - Combination
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6522.00
  • Lot Size Acres: 0.1497

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 47640.00
  • Gross Scheduled Income: 47640.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6522.0000 Square Feet
  • Net Operating Income: 34300.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 13339.00
  • Rent Control: Yes
  • Total Actual Rent: 3970.00
  • Total Expenses: 13339.00

Tax Info

  • Tax Census Tract: 5769.01
  • Tax Lot: 21
  • TaxOtherAnnualAssessmentAmount: 617.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Jan 16, 2024
Sold by
Odom Ellen Duong and Odom Jenny
Bought by
Walter Jamar and Murphy Rachel Anna
Seller's Agent
Juan Huizar
Sage Real Estate Group, Inc.
Buyer's Agent
Matthew Tilley
First Team Real Estate
List Price
$825,000
Sold Price
$766,600
Premium/Discount to List
-$58,400
-7.08%
Views
247
Current Estimated Value
$925,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,418
Avg. Annual Appreciation
8.62%
Original Mortgage
$752,714
Outstanding Balance
$738,803
Interest Rate
6.66%
Mortgage Type
FHA
Estimated Equity
$155,192

Purchase Details

Closed on
May 21, 2010
Sold by
Ear Techpheng
Bought by
Odom Ellen Duong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2006
Sold by
Odom Ellen Duong
Bought by
Odom Ellen Duong and Odom Jenny

Purchase Details

Closed on
Jul 18, 2002
Sold by
Phech Odom Ellen Duong and Phech Odom Huon
Bought by
Odom Ellen Duong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.6%
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
Walter Jamar $767,000 Ticor Title
Odom Ellen Duong -- Advantage Title
Odom Ellen Duong -- Accommodation
Odom Ellen Duong -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walter Jamar $752,714
Previous Owner Odom Ellen Duong $245,000
Previous Owner Odom Ellen Duong $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2024 02/28/24 Sold $766,600 -4.1% $456 / Sq Ft
01/09/2024 01/09/24 Pending -- -- --
11/27/2023 11/27/23 Price Changed $799,000 -3.2% $476 / Sq Ft
10/26/2023 10/26/23 For Sale $825,000 -- $491 / 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 $19,064 $781,932 $577,932 $204,000
2024 $19,064 $300,056 $141,432 $158,624
2023 $4,295 $294,173 $138,659 $155,514
2022 $4,046 $288,406 $135,941 $152,465
2021 $3,956 $282,752 $133,276 $149,476
2020 $3,946 $279,854 $131,910 $147,944
2019 $3,901 $274,368 $129,324 $145,044
2018 $3,698 $268,989 $126,789 $142,200
2016 $3,323 $258,545 $121,866 $136,679
2015 $3,195 $254,662 $120,036 $134,626
2014 $3,180 $249,674 $117,685 $131,989
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23198580

California Regional Multiple Listing Service (CRMLS)

APN: 7262-007-025