NOT LISTED FOR SALE

Estimated Value: $1,207,000 - $1,272,000

12 Beds
4 Baths
4,308 Sq Ft
$288/Sq Ft Est. Value

Last Sold March 30, 2012

Last sale price $450,000 $104 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $7,255/month

186 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Cooling Available
  • Heating Available
  • No HOA
  • Laundry Room

About This Home

As of March 2012

Investment property with 4 separate units. each unit has 3 bedroom 1 bath. Single car garage, laundry hookup inside. All units have existing tenants that are willing to stay.

Last Agent to Sell the Property

SUSAN TORREZ

EXIT REALTY BLAINE ASSOC. License #01874547 Listed on: 08/29/2011

Last Buyer's Agent

Lisa Amorim

Lisa Amorim, Broker License #01213309

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,009

Year Built

  • Built in 1961

Lot Details

  • 0.29

Parking

  • 1 Car Garage

Home Design

  • 4,308 Sq Ft Home
  • Slab Foundation
  • Composition Roof

Bedrooms and Bathrooms

  • 12 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Laundry Room
  • 0.29 Acre Lot

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 2464
  • Assessor Parcel Number 4032006042

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,009

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Other Phone Description: Henry Gonzalez
  • Other Phone Number: 760 964-9505
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 4032006042
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 104.46
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Inside
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 12493.00
  • Lot Size Acres: 0.2900

Multi Family

  • Average3 Bed Area: 1082
  • Lot Size Area: 12493.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 5136.00

Tax Info

  • Tax Lot: 33
  • Tax Tract Number: 2464

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2011
Closed on
Mar 28, 2012
Sold by
Zaldana Efrain Diaz
Bought by
Gerson Andrew
Seller's Agent
SUSAN TORREZ
EXIT REALTY BLAINE ASSOC.
Buyer's Agent
Lisa Amorim
Lisa Amorim, Broker
List Price
$400,000
Sold Price
$450,000
Premium/Discount to List
$50,000
12.5%
Total Days on Market
186
Current Estimated Value
$1,203,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$753,333
Avg. Annual Appreciation
7.89%
Original Mortgage
$270,000
Outstanding Balance
$186,718
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$1,055,282

Purchase Details

Closed on
Dec 22, 2006
Sold by
Arriola Jorge Alberto
Bought by
Zaldana Efrain Diaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
8.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 18, 2006
Sold by
Zaldana Efrain Diaz
Bought by
Zaldana Efrain Diaz and Arriola Jorge Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 13, 2004
Sold by
Akinnitire Philip and Akinnitire Victoria
Bought by
Kamson Olayinka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2004
Sold by
Swafford Beatrice Evelyn
Bought by
Kamson Olayinka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2003
Sold by
Windsor Rentals Llc
Bought by
Akinnitire Philip and Akinnitire Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
7.12%

Purchase Details

Closed on
Dec 20, 2002
Sold by
Geiser Gregory L
Bought by
Windsor Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
7.12%

Purchase Details

Closed on
Mar 27, 2002
Sold by
Geiser Nancy D
Bought by
Geiser Gregory L

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
6.83%

Purchase Details

Closed on
Mar 15, 2002
Sold by
Windsor Rentals Llc
Bought by
Geiser Gregory L

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
6.83%

Purchase Details

Closed on
Feb 13, 2002
Sold by
Geiser Gregory L
Bought by
Windsor Rentals Llc

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
6.83%

Purchase Details

Closed on
Sep 25, 2001
Sold by
Windsor Rentals Llc
Bought by
Geiser Gregory L

Purchase Details

Closed on
Sep 18, 1995
Sold by
Brooks Cynthia and Ganier Dwayne
Bought by
Puhl Darin S

Purchase Details

Closed on
Mar 24, 1995
Sold by
Brooks Cynthia
Bought by
New England Financial Corp
Source: Public Records

Range of Values:

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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
Gerson Andrew $450,000 Advantage Title Inc
Zaldana Efrain Diaz -- Commonwealth Land Title Co
Zaldana Efrain Diaz -- None Available
Kamson Olayinka $658,000 United Title
Kamson Olayinka -- United Title Company Westlak
Akinnitire Philip $430,000 Fidelity National Title Co
Windsor Rentals Llc -- Fidelity
Geiser Gregory L -- Fidelity National Title Co
Geiser Gregory L -- --
Windsor Rentals Llc -- Fidelity National Title Ins
Geiser Gregory L -- --
Puhl Darin S $124,500 Stewart Title
New England Financial Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerson Andrew $270,000
Previous Owner Zaldana Efrain Diaz $650,000
Previous Owner Zaldana Efrain Diaz $155,000
Previous Owner Kamson Olayinka $500,000
Previous Owner Akinnitire Philip $472,000
Previous Owner Akinnitire Philip $387,000
Previous Owner Geiser Gregory L $180,000
Previous Owner Geiser Gregory L $160,000
Previous Owner Windsor Rentals Llc $30,000
Closed Kamson Olayinka $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2012 03/30/12 Sold $450,000 +12.5% $104 / Sq Ft
03/02/2012 03/02/12 Pending -- -- --
08/29/2011 08/29/11 For Sale $400,000 -- $93 / 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 $8,009 $565,212 $282,606 $282,606
2024 $8,009 $554,130 $277,065 $277,065
2023 $7,929 $543,266 $271,633 $271,633
2022 $8,060 $532,614 $266,307 $266,307
2021 $7,979 $522,172 $261,086 $261,086
2020 $7,645 $516,818 $258,409 $258,409
2019 $7,524 $506,686 $253,343 $253,343
2018 $7,322 $496,752 $248,376 $248,376
2016 $6,860 $477,464 $238,732 $238,732
2015 $6,796 $470,294 $235,147 $235,147
2014 $6,803 $461,082 $230,541 $230,541
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C11113883

California Regional Multiple Listing Service (CRMLS)

APN: 4032-006-042