NOT LISTED FOR SALE
2 Beds
1 Bath
1,710 Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: October 22, 2015

Last sale price $485,000 $284 Per Sq Ft

188 Days on Market

Highlights

  • No Units Above
  • Granite Countertops
  • No HOA
  • Traditional Architecture
  • Private Yard
  • Cooling System Mounted To A Wall/Window

About This Home

As of October 2015

PRICE REDUCED to sell! Call and make us an offer!! This income property is located off Beach Blvd and Cerritos in Orange County and city of Stanton. It is 1 building that shares 1 common wall. 2 units approximately 855 sq ft each. The unit at 10542 has a window AC. Unit 10544 has an unpermitted storage area in back off the patio with an additional storage shed. Both units have tile floors in living room, kitchen/hallway and bathrooms and carpet in the 2 bedrooms. The kitchens have been updated with dark cherry cabinets and granite counter tops. No garages, but each unit has separate access. 10542 enters off Flower with gated access and 10544 has access from the alley with a security gate. There is a gate with a door in it to separate the 2 units. Roof is composition.
Long term tenants living in both units and would love to stay.

Last Agent to Sell the Property

Lesa Banta

Advantage Real Estate License #01470696 Listed on: 03/02/2015

Last Buyer's Agent

Kayla Pham

Kayla Pham, Broker License #01924851

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 6,098 Sq Ft Lot
  • Property fronts an alley
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Security Fence
  • Block Wall Fence
  • Private Yard

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,710 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Kitchen

  • Gas Cooktop
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 4 Parking Spaces
  • Parking Available
  • Driveway
  • Uncovered Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 10
  • Tax Tract Number 1
  • Assessor Parcel Number 07933130

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,400
  • Trash Expense $360
  • Water Sewer Expense $1,500
  • New Taxes Expense $5,034
  • Gross Income $2,690
  • Net Operating Income $2,190

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Security: Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1500.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 07933130
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Granite Counters
  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 283.63
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Fencing: Block, Security
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Uncovered
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Sewer Available
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Cooktop, Water Heater
  • Heating Type: Natural Gas
  • Trash Expense: 360.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 6098.00
  • Price Per Lot Square Foot: 79.53
  • Lot Size Acres: 0.1400

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2690.00
  • Gross Scheduled Income: 2690.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 6098.0000 Square Feet
  • Net Operating Income: 2190.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Range: 2
  • Operating Expense: 500.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5034.00
  • Tax Lot: 10
  • Tax Tract Number: 1
  • Tax Year: 2014

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2015
Closed on
Sep 23, 2015
Sold by
Bought by
Seller's Agent
Lesa Banta
Advantage Real Estate
Buyer's Agent
Kayla Pham
Kayla Pham, Broker
List Price
$575,000
Sold Price
$485,000
Premium/Discount to List
-$90,000
-15.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
0.0381%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 20, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,250
Interest Rate
0.0405%
Mortgage Type
Commercial

Purchase Details

Closed on
May 26, 2011
Sold by
Bought by

Purchase Details

Closed on
Nov 4, 2010
Sold by
Bought by

Purchase Details

Closed on
Oct 27, 2010
Sold by
Bought by

Purchase Details

Closed on
Jul 21, 2010
Sold by
Bought by

Purchase Details

Closed on
Sep 27, 2006
Sold by
Bought by

Purchase Details

Closed on
Jul 12, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
0.0832%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 15, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
0.0625%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 21, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,200
Interest Rate
0.0642%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 11, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,200
Interest Rate
0.0642%
Mortgage Type
Commercial
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$485,000 Wfg Title Company Of Ca
$391,000 Orange Coast Title
-- Accommodation
-- Accommodation
$330,000 First American Title Company
-- Alliance Title
$330,000 First American Title Company
$344,113 Servicelink
-- Landamerica Southland Title
$630,000 Landamerica Southland Title
-- Gateway Title Company
-- Orange Coast Title
$374,000 Orange Coast Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $343,000
Closed $388,000
Previous Owner $293,250
Previous Owner $100,000
Previous Owner $504,000
Previous Owner $456,000
Previous Owner $299,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/22/2015 10/22/15 Sold $485,000 -15.7% $284 / Sq Ft
09/06/2015 09/06/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $575,000 0.0% $336 / Sq Ft
01/29/2012 01/29/12 Rented $1,295 -13.7% --
01/19/2012 01/19/12 Under Contract -- -- --
11/01/2011 11/01/11 For Rent $1,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,498 $619,913 $522,271 $97,642
2024 $7,498 $607,758 $512,030 $95,728
2023 $7,311 $595,842 $501,991 $93,851
2022 $7,170 $584,159 $492,148 $92,011
2021 $6,754 $530,416 $482,498 $47,918
2020 $6,661 $524,978 $477,551 $47,427
2019 $6,482 $514,685 $468,187 $46,498
2018 $6,391 $504,594 $459,007 $45,587
2017 $6,174 $494,700 $450,006 $44,694
2016 $6,149 $485,000 $441,182 $43,818
2015 $5,291 $408,634 $334,803 $73,831
2014 $5,034 $400,630 $328,245 $72,385
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR15043412

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.