NOT LISTED FOR SALE

Estimated Value: $966,000 - $1,189,000

7 Beds
5 Baths
2,350 Sq Ft
$462/Sq Ft Est. Value

Last Sold September 11, 2018

Last sale price $735,000 $313 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $7,029/month

23 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Laundry Room
  • Central Heating
  • No HOA
  • Tile Flooring

About This Home

As of September 2018

WELL MAINTING TRIPLEX WITH GREAT PAYING TENANTS, INVESTOR DELIGHT, FRONT UNIT 3BED 2BATH, MIDDLE UNIT 3BED 2BATH, BACK UNIT 1BED 1BATH. UNITS WERE REMOLEDED A COUPLE YEARS AGO, WITH A NEW ADDITTIONS WITH CITY PERMITS. LARGE MASTERSROOM, LARGE LIVINGROOM, LAUNDRY HOOK UPS TWO UNITS ONLY, PLENTY OF PARKING SPACE.

Last Listed By

Eduardo Morales

Big Block Powerhouse Realty License #01774758 Listed on: 06/17/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,468

Year Built

  • Built in 1957

Lot Details

  • 9,211 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 2,350 Sq Ft Home
  • Property Attached

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • All Bedrooms Down
  • 5 Bathrooms

Laundry

  • Laundry Room

Parking

  • Parking Available
  • Assigned Parking

Utilities

  • Central Heating
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 13
  • Tax Tract Number 6002
  • Assessor Parcel Number 6060020013

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $720
  • Gardener Expense $600
  • Insurance Expense $1,000
  • Trash Expense $500
  • Water Sewer Expense $967
  • New Taxes Expense $3,500
  • Operating Expense $7,287
  • Net Operating Income $56,917

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,468

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 967.00
  • Zoning: LCR320U*
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 6060020013
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Levels: One
  • Price Per Square Foot: 312.77
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Private Sewer
  • Trash Expense: 500.00
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9211.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 720.00
  • Gross Scheduled Income: 59100.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 56917.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Operating Expense: 2183.00
  • Rent Control: No
  • Total Expenses: 7287.00

Tax Info

  • New Taxes Expense: 3500.00
  • Tax Census Tract: 6002.02
  • Tax Lot: 13
  • Tax Tract Number: 6002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2022
Sold by
Gamau Llc
Bought by
Urena Gamaliel and Urena Maria
Total Days on Market
23
Current Estimated Value
$1,085,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2018
Closed on
Oct 18, 2018
Sold by
Urena Gamaliel and Urena Maria
Bought by
Gamau Llc
Seller's Agent
Eduardo Morales
Big Block Powerhouse Realty
Buyer's Agent
Carlos Munoz
Century 21 A Better Service
List Price
$749,000
Sold Price
$735,000
Premium/Discount to List
-$14,000
-1.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%

Purchase Details

Listed on
Jun 17, 2018
Closed on
Jul 18, 2018
Sold by
South La Project Llc
Bought by
Urena Gamaliel and Urena Maria
Seller's Agent
Eduardo Morales
Big Block Powerhouse Realty
Buyer's Agent
Carlos Munoz
Century 21 A Better Service
List Price
$749,000
Sold Price
$735,000
Premium/Discount to List
-$14,000
-1.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2014
Sold by
Lagatta Partners Iii Llc
Bought by
South La Project Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,590,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2011
Sold by
Agam Lior and Pensco Trust Inc
Bought by
Lagatta Partners Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2011
Sold by
Rader Ira Jay
Bought by
Rader Maryanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2011
Sold by
Rutherford Rias and The Morris & Rutherford Revoca
Bought by
Agam Lior and Pensco Trust

Purchase Details

Closed on
Jul 30, 2008
Sold by
Morris Claude R
Bought by
The Morris & Rutherford Family Trust

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
Urena Gamaliel -- Lawyers Title
Gamau Llc -- None Available
Urena Gamaliel $735,000 Fidelity National Title Comp
South La Project Llc -- Ticor Title Of Nevada Inc
Lagatta Partners Iii Llc $230,000 Usa National Title Company
Rader Maryanne -- None Available
Agam Lior $234,464 Provident Title Company
The Morris & Rutherford Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Urena Gamaliel $485,000
Previous Owner Urena Gamaliel $488,000
Previous Owner South La Project Llc $1,590,000
Previous Owner Lagatta Partners Iii Llc $230,000
Previous Owner The Morris & Rutherford Family Trust $100,000
Previous Owner Rutherford Rias $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2018 09/11/18 Sold $735,000 -1.9% $313 / Sq Ft
07/10/2018 07/10/18 Pending -- -- --
06/17/2018 06/17/18 For Sale $749,000 -- $319 / 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 $11,468 $803,826 $643,062 $160,764
2023 $11,029 $788,065 $630,453 $157,612
2022 $10,536 $772,614 $618,092 $154,522
2021 $10,427 $757,466 $515,283 $242,183
2020 $10,452 $749,700 $510,000 $239,700
2019 $10,068 $735,000 $588,000 $147,000
2018 $4,368 $253,893 $198,700 $55,193
2016 $4,175 $244,035 $190,985 $53,050
2015 $4,118 $240,371 $188,117 $52,254
2014 $4,131 $235,664 $184,433 $51,231
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18144592

California Regional Multiple Listing Service (CRMLS)

APN: 6060-020-013