NOT LISTED FOR SALE

Estimated Value: $871,000 - $971,396

8 Beds
4 Baths
2,485 Sq Ft
$371/Sq Ft Est. Value

Last Sold November 21, 2023

Last sale price $870,000 $350 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,959/month

10 Days on Market

Highlights

  • Granite Flooring
  • Laundry Room
  • Detached Carport Space
  • Hydromassage or Jetted Bathtub
  • 1-Story Property

About This Home

As of November 2023

Introducing a Fantastic Triplex Opportunity! CASH FLOW! This triplex offers a perfect blend of living and investment potential. The front house features 3 bedrooms and 2 bathrooms, providing ample space for a small or growing family. Meanwhile, the back unit boasts a 3 bedroom and 1 bath, and an additional 2-bedroom, one-bath unit. Currently, the only FRONT unit is VACANT, making it an ideal canvas for a first-time homebuyer to settle in while the other units generate rental income to offset your mortgage costs, making homeownership more accessible. Investors will be delighted by the promising cash flow. With average rents already built in, there is still room for rental increase, ensuring a solid return on investment. Built in 2007, this property boasts modern electrical, plumbing, and heating systems, minimizing maintenance worries. Off-street parking is available for all units, adding convenience for residents. Don't miss out on this fantastic investment opportunity! This property is competitively priced and expected to sell quickly. Submit your highest and best offer today to secure this gem! Property Sold As-Is. --PLEASE DO NOT DISTURB. TENANTS IN REAR UNITS.

Last Agent to Sell the Property

Sherry Mora

Forward Real Estate License #01498103 Listed on: 10/26/2023

Last Buyer's Agent

Sherry Mora

Forward Real Estate License #01498103 Listed on: 10/26/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,272

Year Built

  • Built in 1925

Lot Details

  • 4,425 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 2,485 Sq Ft Home
  • 1-Story Property
  • Granite Flooring
  • Microwave

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer

Parking

  • 4 Parking Spaces
  • Detached Carport Space

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 6063-017-001

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,272

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 2485
  • Lot Acreage: 0.1016
  • Year Built: 1925
  • Number Of Photos: 43
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Interior Amenities: Detached/No Common Walls
  • Flooring: Granite
  • Appliances: Microwave
  • Bedrooms: 8
  • Bathroom Features: Shower and Tub, Tub With Jets
  • Laundry: Inside, Laundry Area, Room, In Unit
  • Total Bathrooms: 4.00
  • Equipment: Gas Dryer Hookup, Washer, Microwave
  • Price Per S Q F T: 317.51

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport, Carport Detached
  • Total Parking: 4

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Percent: 36.88
  • Assessed Improvement Value: 192715
  • Assessed Land Percent: 63.12
  • Assessed Land Value: 329781
  • Total Assessed Value: 522496
  • Assessor Parcel Number: 6063-017-001
  • Lot Location: Alley Access
  • Lot Size Area: 4425

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 8.00
  • Number Of Units: 3
  • Total Annual Expense: 7000
  • Type Of Units: SFR & Duplex
  • Vacancy Rate: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Nov 20, 2023
Sold by
Audubon Properties Llc
Bought by
Choi Younghoon and Kim Donghyun
Seller's Agent
Sherry Mora
Forward Real Estate
Buyer's Agent
Sherry Mora
Forward Real Estate
List Price
$789,000
Sold Price
$870,000
Premium/Discount to List
$81,000
10.27%
Views
31
Current Estimated Value
$921,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,349
Avg. Annual Appreciation
3.13%
Original Mortgage
$696,000
Interest Rate
8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2020
Sold by
Duarte Elena Bel Tran
Bought by
Audubon Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,000
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 4, 2010
Sold by
Duarte Elena Beltran and Beltran Elena
Bought by
Duarte Elena Beltran

Purchase Details

Closed on
Sep 8, 2004
Sold by
Del Rio Foundation Inc
Bought by
Beltran Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2003
Sold by
S G /A N Enterprises
Bought by
Del Rio Foundation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,500
Interest Rate
5.73%

Purchase Details

Closed on
Sep 18, 2002
Sold by
Rozdal Henry and Rozdal Betty

Purchase Details

Closed on
Aug 1, 2002
Sold by
Greene Ralph and Greene Renee
Bought by
Aztec Financial

Purchase Details

Closed on
Dec 7, 2001
Sold by
White Walter C and White Phyllis L
Bought by
Aztec Financial

Purchase Details

Closed on
Mar 16, 2001
Sold by
Moore Jason C
Bought by
Rozdal Henry and Rozdal Betty
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
Choi Younghoon $870,000 Lawyers Title Company
Audubon Properties Llc $507,000 Chicago Title Company
Duarte Elena Beltran -- None Available
Beltran Elena $295,000 Security Union Title
Del Rio Foundation $105,000 Fidelity National Title
-- $317,000 American Title Co
Aztec Financial -- American Title Co
Aztec Financial -- American Title Co
Rozdal Henry $305,169 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Younghoon $699,000
Closed Choi Younghoon $696,000
Closed Choi Younghoon $696,000
Previous Owner Audubon Properties Llc $463,640
Previous Owner Audubon Properties Llc $437,000
Previous Owner Audubon Properties Llc $50,700
Previous Owner Duarte Elena B $100,000
Previous Owner Beltran Elena $416,000
Previous Owner Beltran Elena $52,000
Previous Owner Duarte Elena Beltran $100,000
Previous Owner Beltran Elena $315,000
Previous Owner Beltran Elena $236,000
Previous Owner Del Rio Foundation $179,900
Previous Owner Del Rio Foundation $113,500
Previous Owner S G/A N Enterprises $84,500
Closed Beltran Elena $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2023 11/21/23 Sold $870,000 +10.3% $350 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
10/26/2023 10/26/23 For Sale $789,000 -- $318 / Sq Ft
Source: The MLS

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 $11,272 $887,400 $612,000 $275,400
2024 $11,272 $870,000 $600,000 $270,000
2023 $7,221 $532,945 $336,376 $196,569
2022 $6,906 $522,496 $329,781 $192,715
2021 $6,813 $512,252 $323,315 $188,937
2020 $6,504 $476,267 $274,024 $202,243
2019 $6,263 $466,929 $268,651 $198,278
2018 $6,152 $457,775 $263,384 $194,391
2016 $5,862 $440,001 $253,157 $186,844
2015 $5,775 $433,393 $249,355 $184,038
2014 $5,800 $424,904 $244,471 $180,433
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-320973

The MLS

APN: 6063-017-001