NOT LISTED FOR SALE

Estimated Value: $1,641,000 - $2,252,545

8 Beds
4 Baths
4,688 Sq Ft
$426/Sq Ft Est. Value

Last Sold March 21, 2012

Last sale price $831,500 $177 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $12,011/month

2 Days on Market

Highlights

  • Wood Flooring
  • Woodrow Wilson High School Rated A
  • No Heating

About This Home

As of March 2012

Great Building + Great Tenants. This 1920's 4 Unit Property offers 2 Bedroom 1 Bath units, each with in unit laundry hookups. There are also 4 garages each with alley access, openers, and rear doors opening to the common patio. The building shows Pride of Ownership, and has been well taken care of with lots of original and restored features. Some stained glass and front unit windows are new in 2007. The unit sizes are exceptional and come appointed with Mahongany baseboards, doors, and window trim, plus crown moulding. Units are seperate metered for gas and electricity. Owner pays water and common area electricity. Buyer to cooperate with Seller in 1031 Exchange for the benefit of the Seller at no cost or delay of escrow to the Buyer.

Last Agent to Sell the Property

Wade Tettenburn

Palazzo Realty Inc. License #01246595 Listed on: 02/01/2012

Last Buyer's Agent

Christina Kaminsky-Phillips

eXp Realty of California, Inc License #01828048

eXp Realty of California, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,685

Year Built

  • Built in 1931

Lot Details

  • 5,854

Parking

  • 4 Parking Spaces

Home Design

  • 4,688 Sq Ft Home
  • Stucco

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • 5,854 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Tract Number 3696
  • Assessor Parcel Number 7241007010

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $5,845

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,685

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Assessments: No
  • Price Per Unit: 206250
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 7241007010
  • Year Built: 1931
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Price Per Square Foot: 177.37

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5854.00
  • Lot Size Acres: 0.1340

Multi Family

  • Gross Income: 5845.00
  • Gross Multiplier: 11.76
  • Gross Scheduled Income: 70140.00
  • Lot Size Area: 5854.0000 Square Feet
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4

Tax Info

  • Tax Area: 5500
  • Tax Lot: 0.
  • Tax Tract Number: 3696

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2020
Sold by
Benson David G and Segal Tahlia
Bought by
Banson David and Segal Tahlia
Current Estimated Value
$1,995,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2019
Sold by
Benson David G
Bought by
Benson David G and Segal Tahlia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$935,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2018
Sold by
Segal Tahlia
Bought by
Benson David G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2012
Closed on
Mar 6, 2012
Sold by
Davar Saeed and Davar Laurel
Bought by
Davar Saeed and Davar Laurel
Seller's Agent
Wade Tettenburn
Palazzo Realty Inc.
Buyer's Agent
Christina Kaminsky-Phillips
eXp Realty of California, Inc
List Price
$825,000
Sold Price
$831,500
Premium/Discount to List
$6,500
0.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%
Original Mortgage
$665,200
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2012
Closed on
Feb 13, 2012
Sold by
Davar Saeed and Davar Laurel
Bought by
Benson David G
Seller's Agent
Wade Tettenburn
Palazzo Realty Inc.
Buyer's Agent
Christina Kaminsky-Phillips
eXp Realty of California, Inc
List Price
$825,000
Sold Price
$831,500
Premium/Discount to List
$6,500
0.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,200
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 1994
Sold by
Davar Saeed and Davar Laurel
Bought by
Davar Saeed
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
Banson David -- Orange Coast Ttl Co Of Nocal
Benson David G -- Progressive Title
Benson David G -- Usa National Title Company
Davar Saeed -- Lawyers Title Company
Benson David G $831,500 Lawyers Title Company
Davar Saeed -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benson David $881,663
Closed Benson David $910,000
Closed Benson David G $935,000
Closed Benson David G $937,500
Previous Owner Benson David G $715,000
Previous Owner Benson David G $725,000
Previous Owner Benson David G $729,000
Previous Owner Benson David G $731,250
Previous Owner Benson David G $665,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2012 03/21/12 Sold $831,500 +0.8% $177 / Sq Ft
02/03/2012 02/03/12 Pending -- -- --
02/01/2012 02/01/12 For Sale $825,000 -- $176 / 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 $13,685 $1,044,398 $728,507 $315,891
2024 $13,685 $1,023,921 $714,223 $309,698
2023 $13,455 $1,003,845 $700,219 $303,626
2022 $12,641 $984,163 $686,490 $297,673
2021 $12,373 $964,867 $673,030 $291,837
2020 $12,340 $954,974 $666,129 $288,845
2019 $12,197 $936,250 $653,068 $283,182
2018 $11,834 $917,893 $640,263 $277,630
2016 $10,870 $882,251 $615,401 $266,850
2015 $10,438 $869,000 $606,158 $262,842
2014 $10,373 $851,979 $594,285 $257,694
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P810615

California Regional Multiple Listing Service (CRMLS)

APN: 7241-007-010