NOT LISTED FOR SALE

Estimated Value: $972,000 - $1,315,000

7 Beds
4 Baths
3,454 Sq Ft
$342/Sq Ft Est. Value

Last Sold October 24, 2014

Last sale price $560,000 $162 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $7,454/month

41 Days on Market

Highlights

  • Laundry Room
  • Wall Furnace
  • 5-minute walk to Lennox Park

About This Home

As of October 2014

Great income property. Recently constructed Duplex, close to freeways, shopping, schools and LAX airport. Front unit offers 3 bedrooms, 2.5 bathrooms, large master bedroom includes an outdoor balcony and private front yard. Back unit is 4 bedrooms, 2.5 baths, with its own private back yard. Each has a 2 car garage with direct access to the interior. Laundry area for both units located upstairs with bedrooms. The back unit has an additional guest parking space. Both offer granite counter tops in the kitchens and bathrooms. Newer fixtures throughout, all bedrooms are equipped with a RJ45 Ethernet jack for your convenience. The outdoor lawns are equipped with sprinklers with a timer. Each unit includes a tankless water heater. Power and Gas are seperately metered. Nothing in the area compares for this price. Drive by and call for more info. Property sold AS-IS.

Last Agent to Sell the Property

Mercedes Gutierrez

Mercedes E. Gutierrez License #01726466 Listed on: 07/08/2014

Last Buyer's Agent

ISRAEL BERBER

BERBER REALTY License #01416256

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,769

Year Built

  • Built in 2011

Lot Details

  • 5,814 Sq Ft Lot
  • No Common Walls
  • Sprinklers on Timer

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 3,454 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Utilities

  • Wall Furnace
  • Overhead Utilities

Listing and Financial Details

  • Tax Lot 60
  • Tax Tract Number 288
  • Assessor Parcel Number 4036023008

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $600
  • Water Sewer Expense $2,400
  • Gross Income $4,100
  • Net Operating Income $46,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,769

Year Built

Built in 2011

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Parcel Number: 4036023008
  • Year Built: 2011
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 162.13
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside, Upper Level, Washer Hookup
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Sprinklers Timer, Sprinkler System, Utilities - Overhead
  • Lot Size Sq Ft: 5814.00
  • Lot Size Acres: 0.1330

Multi Family

  • Gross Income: 4100.00
  • Gross Scheduled Income: 49200.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 5814.0000 Square Feet
  • Net Operating Income: 46800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2400.00
  • Rent Control: No

Tax Info

  • Tax Lot: 60
  • Tax Tract Number: 288
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2014
Closed on
Sep 3, 2014
Sold by
Rivera Yvette
Bought by
Garcia Carlos and Garcia Amalia
Seller's Agent
Mercedes Gutierrez
Mercedes E. Gutierrez
Buyer's Agent
ISRAEL BERBER
BERBER REALTY
List Price
$599,900
Sold Price
$560,000
Premium/Discount to List
-$39,900
-6.65%
Current Estimated Value
$1,182,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$622,303
Avg. Annual Appreciation
7.64%
Original Mortgage
$420,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2013
Sold by
Rivera Yvette and Gutierrez Jose Angel
Bought by
Rivera Yvette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2008
Sold by
Bennett Charles A and The Charles A Bennet Jr Trust
Bought by
Rivera Yvette and Gutierrez Jose Angel

Purchase Details

Closed on
May 23, 2008
Sold by
Cevallos Laura
Bought by
Bennett Charles A and The Charles A Bennett Jr Trust

Purchase Details

Closed on
Apr 19, 2006
Sold by
Cowell Juanita J
Bought by
Cevallos Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,500
Interest Rate
6.76%
Mortgage Type
Balloon
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 Buyer Sale Price Title Company
Garcia Carlos $560,000 Provident
Rivera Yvette -- Pacific Coast Title Company
Rivera Yvette $148,000 Lawyers Title
Bennett Charles A $214,244 Accommodation
Cevallos Laura $325,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Carlos $420,000
Previous Owner Rivera Yvette $329,000
Previous Owner Rivera Yvette $294,000
Previous Owner Rivera Yvette $260,000
Previous Owner Cevallos Laura $198,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2014 10/24/14 Sold $560,000 -6.7% $162 / Sq Ft
08/18/2014 08/18/14 Pending -- -- --
07/08/2014 07/08/14 For Sale $599,900 -- $174 / 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 $11,769 $757,157 $480,737 $276,420
2024 $11,769 $742,311 $471,311 $271,000
2023 $11,377 $727,757 $462,070 $265,687
2022 $11,279 $713,488 $453,010 $260,478
2021 $10,957 $699,499 $444,128 $255,371
2020 $10,751 $692,328 $439,575 $252,753
2019 $10,245 $678,754 $430,956 $247,798
2018 $9,984 $665,446 $422,506 $242,940
2016 $8,994 $639,607 $406,100 $233,507
2015 $8,732 $630,000 $400,000 $230,000
2014 $7,703 $536,595 $253,528 $283,067
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14144032

California Regional Multiple Listing Service (CRMLS)

APN: 4036-023-008