NOT LISTED FOR SALE

Estimated Value: $994,000 - $1,399,000

11 Beds
3 Baths
2,612 Sq Ft
$433/Sq Ft Est. Value

Last Sold August 09, 2013

Last sale price $535,000 $205 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $6,668/month

25 Days on Market

About This Home

As of August 2013

$20,000 Price Reduction!!! Totally remodeled triplex featuring a pair of four bedroom units in the front and a three bedroom home in the back. All units have been redone from top to bottom with new carpet, new paint, new cabinets, new granite countertops, new fixtures...basically new everything. Rents are actual not pro-forma. This building is absolutely turnkey, very well priced and will move quickly. Please do not disturb occupants.

Last Agent to Sell the Property

Jeremy Colonna

Colonna & Co., Realty License #01210631 Listed on: 06/22/2013

Last Buyer's Agent

Reid Kaplan

Estate Properties License #01711288

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,669

Year Built

  • Built in 1927

Lot Details

  • 6,488 Sq Ft Lot
  • 1 Common Wall
  • Landscaped

Home Design

  • 2,612 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 1234
  • Assessor Parcel Number 7267014017

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $480
  • New Taxes Expense $7,168
  • Gross Income $4,370
  • Net Operating Income $39,330

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,669

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 7267014017
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 204.82

Exterior Features

  • Pool Private: No
  • Spa: No

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Landscaped
  • Lot Size Sq Ft: 6488.00
  • Lot Size Acres: 0.1490

Multi Family

  • Electric Expense: 480.00
  • Gross Income: 4370.00
  • Gross Multiplier: 10.47
  • Gross Scheduled Income: 52440.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6488.0000 Square Feet
  • Net Operating Income: 39330.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 15732.00
  • Operating Expense Percent: 30.00
  • Rent Control: No
  • Total Actual Rent: 4320.00

Tax Info

  • New Taxes Expense: 7168.00
  • Tax Lot: 14
  • Tax Tract Number: 1234
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2013
Closed on
Aug 1, 2013
Sold by
Western Mutual Group Inc
Bought by
Tokoro Jason H
Seller's Agent
Jeremy Colonna
Colonna & Co., Realty
Buyer's Agent
Reid Kaplan
Estate Properties
List Price
$549,000
Sold Price
$535,000
Premium/Discount to List
-$14,000
-2.55%
Current Estimated Value
$1,085,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$550,962
Avg. Annual Appreciation
6.43%
Original Mortgage
$401,250
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Western Mutual Group

Purchase Details

Closed on
Sep 16, 2010
Sold by
Coco Carey P and Coco Leilani T
Bought by
Deutsche Bank National Trust Company and Ocwen Loan Servicing Llc

Purchase Details

Closed on
Dec 30, 2005
Sold by
Coco Carey and Coco Leilani
Bought by
The Carey Investment Group Llc

Purchase Details

Closed on
Jul 15, 2004
Sold by
Chang Grace
Bought by
Coco Carey P and Coco Leilani T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2003
Sold by
Rossley Gerald Alan
Bought by
Chang Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,230
Interest Rate
5.83%

Purchase Details

Closed on
Sep 7, 1993
Sold by
Austin Richard R and Austin Nancy E
Bought by
Austin Richard R and Austin Nancy E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tokoro Jason H $535,000 Chicago Title Company
Western Mutual Group $299,000 Ptc Title
Deutsche Bank National Trust Company $339,000 Accommodation
The Carey Investment Group Llc -- --
Coco Carey P $640,000 North American Title Company
Chang Grace $229,000 Orange Coast Title
Austin Richard R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tokoro Jason H $389,620
Closed Tokoro Jason H $401,250
Previous Owner Western Mutual Group Inc $150,000
Previous Owner Western Mutual Group Inc $361,000
Previous Owner Coco Carey P $624,600
Previous Owner Coco Carey P $480,000
Previous Owner Chang Grace $160,230
Closed Coco Carey P $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2013 08/09/13 Sold $535,000 -2.6% $205 / Sq Ft
07/17/2013 07/17/13 Pending -- -- --
06/22/2013 06/22/13 For Sale $549,000 -- $210 / 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 $8,669 $655,826 $453,564 $202,262
2024 $8,669 $642,968 $444,671 $198,297
2023 $8,522 $630,361 $435,952 $194,409
2022 $8,009 $618,002 $427,404 $190,598
2021 $7,840 $605,885 $419,024 $186,861
2020 $7,820 $599,673 $414,728 $184,945
2019 $7,729 $587,916 $406,597 $181,319
2018 $7,484 $576,389 $398,625 $177,764
2016 $6,881 $554,009 $383,147 $170,862
2015 $6,609 $545,688 $377,392 $168,296
2014 $6,572 $535,000 $370,000 $165,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13120835

California Regional Multiple Listing Service (CRMLS)

APN: 7267-014-017