NOT LISTED FOR SALE

Estimated Value: $728,000 - $806,775

4 Beds
2 Baths
1,915 Sq Ft
$407/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $545,000 $285 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,867/month

4 Days on Market

Highlights

  • Private Yard
  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • No HOA
  • Laundry Room

About This Home

As of February 2021

This duplex is like your ATM machine, great and stable tenants. There are two separate units on this 7,647 sq. ft lot. Front unit is 2bd/1bth, 912 sq. ft. Rent is $1,600/month, tenant has stayed there for more than 10 years. The Back unit is 2bd/ 1bth, 1,003 sq. ft. Rent is $1,250/month, tenant has stayed there around 6 years. Tenants pay their own electricity/gas, owner pays water and trash ( around $108/month), very good tenants. This property is in good condition, centrally located close to stores, elementary school, public transportation and etc.

Last Agent to Sell the Property

Kendra Chui

eXp Realty of Southern Calif. License #01368229 Listed on: 01/08/2021

eXp Realty of Southern Calif.

Last Buyer's Agent

Jenny Guan

IRN Realty License #01779812

IRN Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,450

Year Built

  • Built in 1927

Lot Details

  • 7,647 Sq Ft Lot
  • No Common Walls
  • Private Yard

Home Design

  • 1,915 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Available

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Water Not Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 197 / 197
  • Tax Tract Number 6410
  • Assessor Parcel Number 8327010028

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $720
  • Trash Expense $672
  • Water Sewer Expense $624
  • New Taxes Expense $5,921
  • Operating Expense $8,017
  • Gross Income $34,200
  • Net Operating Income $26,183

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,450

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 624.00
  • Zoning: POR31000*
  • Property Type: Residential Income
  • Parcel Number: 8327010028
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 284.60

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Trash Expense: 672.00
  • Water Source: None
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 7647.00
  • Lot Size Acres: 0.1756

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 34200.00
  • Gross Scheduled Income: 34200.00
  • Insurance Expense: 720.00
  • Lot Size Area: 7647.0000 Square Feet
  • Net Operating Income: 26183.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 8017.00
  • Rent Control: No
  • Total Actual Rent: 34200.00
  • Total Expenses: 8017.00

Tax Info

  • New Taxes Expense: 5921.00
  • Tax Block: 197
  • Tax Census Tract: 4028.01
  • Tax Lot: 197
  • Tax Tract Number: 06410

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Feb 5, 2021
Sold by
Chui Chingkai
Bought by
Lim James C and Lim Nancy Ngo
Seller's Agent
Kendra Chui
eXp Realty of Southern Calif.
Buyer's Agent
Jenny Guan
IRN Realty
List Price
$540,000
Sold Price
$545,000
Premium/Discount to List
$5,000
0.93%
Current Estimated Value
$779,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,194
Avg. Annual Appreciation
8.48%
Original Mortgage
$408,750
Outstanding Balance
$335,804
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$452,885

Purchase Details

Listed on
Jun 13, 2016
Closed on
Jul 8, 2016
Sold by
Perez Roberto A
Bought by
Chui Chingkai and The Chingkai Chui Trust
Seller's Agent
Veronica Lopez
SB REAL ESTATE
Buyer's Agent
ROSALINDA CERDA
SB REAL ESTATE
List Price
$399,999
Sold Price
$412,000
Premium/Discount to List
$12,001
3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%

Purchase Details

Closed on
Mar 29, 2002
Sold by
Perez Roberto Alejandro and Barrera Maria Angelica
Bought by
Perez Roberto A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
6.94%

Purchase Details

Closed on
Apr 7, 2000
Sold by
Gutierrez Nemecio and Reo Resolution Trust
Bought by
Perez Roberto Alejandro and Armenta Rigoberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,587
Interest Rate
8.67%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 22, 1999
Sold by
Zammitt Mark
Bought by
Gutierrez Nemecio
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
Lim James C $545,000 Pacific Coast Title Company
Chui Chingkai $412,000 Fidelity Sherman Oaks
Perez Roberto A -- Stewart Title
Perez Roberto Alejandro $169,000 Fidelity National Title Co
Gutierrez Nemecio $76,500 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lim James C $408,750
Previous Owner Perez Roberto A $239,628
Previous Owner Perez Roberto A $100,000
Previous Owner Perez Robert A $163,487
Previous Owner Perez Roberto A $166,000
Previous Owner Perez Roberto Alejandro $167,587
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $545,000 +0.9% $285 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $540,000 +31.1% $282 / Sq Ft
07/16/2016 07/16/16 Sold $412,000 +3.0% $215 / Sq Ft
06/21/2016 06/21/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $399,999 -- $209 / 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 $7,450 $589,923 $346,377 $243,546
2024 $7,450 $578,357 $339,586 $238,771
2023 $7,302 $567,018 $332,928 $234,090
2022 $7,189 $555,900 $326,400 $229,500
2021 $5,796 $441,744 $214,439 $227,305
2020 $5,777 $437,216 $212,241 $224,975
2019 $5,922 $428,644 $208,080 $220,564
2018 $5,442 $420,240 $204,000 $216,240
2016 $2,882 $214,197 $108,340 $105,857
2015 $2,859 $210,980 $106,713 $104,267
2014 $2,850 $206,848 $104,623 $102,225
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS21000651

California Regional Multiple Listing Service (CRMLS)

APN: 8327-010-028