$610,000
SOLD AUG 1, 2013
8 Beds
4 Baths
2,912 Sq Ft
6,001 Sq Ft Lot

Recently Sold

$209 Per Sq Ft

2% Above List Price

12 Days on Market

About This Home

As of March 2020

Investors! This one will not last....gross rent totals $5,069.00. (No rent control). Comprised of a total of 4 units, all 2 bedrooms/1bath each with a separate laundry room facility. Building is located on a great tree lined street. located next to shops, malls, and a elementary school. The property has a lot size of 6,011 sqft and was built in 1987. Good tenants and great rental income.

Last Agent to Sell the Property

Rami Elminoufi

Beach City Brokers License #01434630 Listed on: 06/20/2013

Beach City Brokers

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,400

Year Built

  • Built in 1987

Lot Details

  • 6,001 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • 2,912 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Available
  • Gated Parking

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 1589
  • Assessor Parcel Number 7413014016

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $960
  • Insurance Expense $840
  • Trash Expense $708
  • Water Sewer Expense $840
  • New Taxes Expense $7,487
  • Gross Income $5,069
  • Net Operating Income $4,785

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,400

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Other Phone Description: 310-947-1180
  • Property Attached: Yes
  • Water Sewer Expenses: 840.00
  • Property Type: Residential Income
  • Parcel Number: 7413014016
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 209.48

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Gated
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 708.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6001.00
  • Lot Size Acres: 0.1380

Multi Family

  • Electric Expense: 960.00
  • Gross Income: 5069.00
  • Gross Scheduled Income: 5069.00
  • Insurance Expense: 840.00
  • Lot Size Area: 6001.0000 Square Feet
  • Net Operating Income: 4785.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 284.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7487.00
  • Tax Lot: 12
  • Tax Tract Number: 1589
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2020
Closed on
Feb 6, 2020
Sold by
Segawa Jo
Bought by
Neumann Steffen and Neumann Nina
Seller's Agent
Hodaka Makino
GAC Real Estate Solutions
Buyer's Agent
Rodman Amiri
Merit Real Estate
List Price
$1,200,000
Sold Price
$1,125,000
Premium/Discount to List
-$75,000
-6.25%
Current Estimated Value
$1,370,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,141
Avg. Annual Appreciation
3.76%

Purchase Details

Closed on
Apr 22, 2016
Sold by
Segawa Jo
Bought by
Segawa Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 7, 2016
Closed on
Mar 15, 2016
Sold by
Segawa Haruna
Bought by
Segawa Jo
Seller's Agent
Mari Coffey
Person Realty Inc.
Buyer's Agent
Mari Coffey
Person Realty Inc.
Sold Price
$1,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 20, 2013
Closed on
Jun 25, 2013
Sold by
Lee Arleen
Bought by
Segawa Jo
Seller's Agent
Rami Elminoufi
Beach City Brokers
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$599,000
Sold Price
$610,000
Premium/Discount to List
$11,000
1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Original Mortgage
$330,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 2003
Sold by
Lee James
Bought by
Lee Arleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.06%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 20, 2003
Sold by
Lamas Leonel
Bought by
Lee Arleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.06%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 16, 2002
Sold by
Lamas Josefina
Bought by
Lamas Leonel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.86%

Purchase Details

Closed on
Nov 25, 2002
Sold by
Tomioka Eiko
Bought by
Lamas Leonel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.86%

Purchase Details

Closed on
Nov 14, 1998
Sold by
Fukuyama Joji
Bought by
Tomioka Eiko

Purchase Details

Closed on
Sep 11, 1998
Sold by
Sugiura Takao
Bought by
Tomioka Eiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,120
Interest Rate
6.42%

Purchase Details

Closed on
Feb 5, 1998
Sold by
Ameriquest Mtg Company
Bought by
Sugiura Takao and Sugiura Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
9.75%

Purchase Details

Closed on
Apr 18, 1997
Sold by
Campbell Joel G
Bought by
Long Beach Mtg Company
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 Type Sale Price Title Company
Grant Deed $1,125,000 Wfg National Title Company
Interfamily Deed Transfer -- Title 365
Interfamily Deed Transfer -- Title 365
Grant Deed $611,000 Lawyers Title
Interfamily Deed Transfer -- --
Grant Deed $540,000 --
Interfamily Deed Transfer -- First American
Grant Deed $400,000 First American Title Co
Interfamily Deed Transfer -- First American Title Co
Grant Deed $265,000 First American Title Co
Grant Deed $156,000 Fidelity National Title Ins
Trustee Deed $223,259 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $326,000 Adjustable Rate Mortgage/ARM
Previous Owner $326,000 Adjustable Rate Mortgage/ARM
Previous Owner $330,000 Purchase Money Mortgage
Previous Owner $122,045 New Conventional
Previous Owner $124,000 Unknown
Previous Owner $340,000 Negative Amortization
Previous Owner $320,000 No Value Available
Previous Owner $260,000 Unknown
Previous Owner $214,120 No Value Available
Previous Owner $122,400 No Value Available
Closed $39,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $1,125,000 -6.3% $386 / Sq Ft
01/18/2020 01/18/20 For Sale $1,200,000 0.0% $412 / Sq Ft
01/25/2016 01/25/16 Rented $1,200 -14.5% --
01/25/2016 01/25/16 Under Contract -- -- --
01/07/2016 01/07/16 For Rent $1,404 0.0% --
08/01/2013 08/01/13 Sold $610,000 +1.8% $209 / Sq Ft
06/26/2013 06/26/13 Pending -- -- --
06/14/2013 06/14/13 For Sale $599,000 -- $206 / 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
2024 $15,400 $1,206,224 $611,154 $595,070
2023 $15,103 $1,182,573 $599,171 $583,402
2022 $14,415 $1,159,386 $587,423 $571,963
2021 $14,229 $1,136,654 $575,905 $560,749
2020 $9,085 $684,863 $348,596 $336,267
2019 $8,741 $671,435 $341,761 $329,674
2018 $8,630 $658,270 $335,060 $323,210
2017 $8,443 $645,364 $328,491 $316,873
2016 $8,232 $632,710 $322,050 $310,660
2015 $8,107 $623,207 $317,213 $305,994
2014 $8,143 $611,000 $311,000 $300,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13113678

California Regional Multiple Listing Service (CRMLS)

APN: 7413-014-016