$600,000
SOLD DEC 10, 2013
2 Beds
2 Baths
1,378 Sq Ft
5,236 Sq Ft Lot

Recently Sold

$435 Per Sq Ft

62 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Side by Side Parking
  • Rio Vista Elementary Rated A-
  • No HOA
  • Laundry Room

About This Home

As of December 2013

GREAT TOLUCA LAKE AREA - OWN AN INVESTMENT PROPERTY IN THE HEART OF TOLUCA LAKE. Extensively Remodeled Interior and Exterior - new kitchen cabinets and appliances, hardwood flooring, travertine/stone tile, exterior and interior paint. BOTH units vacant - perfect for owner user - LIVE in one, RENT the other. Back unit has private entry. Both units have lots of character and a PRIVATE ENCLOSED YARD, Outdoor Patio and Fireplace. MOVE-IN condition. REGULAR SALE NO HASSLE/NO WAITING. GREAT ALTERNATIVE TO OWNING A CONDO. LIVE IN ONE, RENT THE OTHER AND START YOUR REAL ESTATE PORTFOLIO TODAY!

ONE bedroom ONE bath unit and ONE single unit with ONE bath

Last Agent to Sell the Property

Nick Tatone

Rodeo Realty License #01314700 Listed on: 08/09/2013

Rodeo Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,963

Year Built

  • Built in 1927

Lot Details

  • 5,236 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Side Facing Garage
  • Side by Side Parking
  • Driveway

Home Design

  • Spanish Architecture
  • Property Attached

Interior Spaces

  • 1,378 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Floor Furnace

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 7249
  • Assessor Parcel Number 2423016013

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Net Operating Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,963

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • CapRate: 4.20
  • Other Phone Description: 818 929 6326
  • Other Phone Number: 818 929 6326
  • Property Attached: Yes
  • Zoning: LAR3
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 2423016013
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Stone, Tile, Wood
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 435.41

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Driveway, Side by Side, Garage Faces Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5236.00
  • Lot Size Acres: 0.1200

Multi Family

  • Average1 Bed Area: 800
  • Average Studio Area: 500
  • Gross Multiplier: 16.67
  • Gross Scheduled Income: 36000.00
  • Lot Size Area: 5236.0000 Square Feet
  • Net Operating Income: 25200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 1
  • Operating Expense: 10800.00
  • Operating Expense Percent: 30.00
  • Rent Control: Yes

Tax Info

  • Tax Lot: 15
  • Tax Tract Number: 7249
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2016
Sold by
Fidani Ii Renzo G
Bought by
Asaro Meri A and Meri A Asaro Revocable Trust
Current Estimated Value
$1,302,482

Purchase Details

Closed on
Sep 22, 2013
Sold by
Hrf Sai I Llc
Bought by
Fidani Ii Renzo G and Asaro Meri A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,500
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2012
Sold by
Lara David T
Bought by
Hrf Sai 1 Llc and Hrf Sai 2 Llc

Purchase Details

Closed on
Apr 19, 2011
Sold by
Dnl Inc
Bought by
Fonooni Akbar and Dnl Inc

Purchase Details

Closed on
Mar 30, 2005
Sold by
Lara David T
Bought by
Dnl Inc

Purchase Details

Closed on
Nov 12, 2002
Sold by
Lara Lisa M
Bought by
Lara David T and Lara Elizabeth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.95%

Purchase Details

Closed on
Nov 23, 1998
Sold by
Velasco Ruben P
Bought by
Lara Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,500
Interest Rate
6.73%
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
Interfamily Deed Transfer -- None Available
Grant Deed $600,000 Fidelity National Title Co
Trustee Deed $411,500 None Available
Quit Claim Deed -- None Available
Grant Deed -- First American Title Co
Interfamily Deed Transfer -- First American Title Co
Quit Claim Deed -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $399,500 New Conventional
Previous Owner $87,500 Unknown
Previous Owner $250,000 Credit Line Revolving
Previous Owner $160,000 No Value Available
Previous Owner $141,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2022 11/15/22 Rented $1,975 0.0% --
10/23/2022 10/23/22 Under Contract -- -- --
10/17/2022 10/17/22 For Rent $1,975 +5.6% --
07/25/2020 07/25/20 Rented $1,870 +4.2% --
07/04/2020 07/04/20 For Rent $1,795 0.0% --
03/16/2019 03/16/19 Rented $1,795 0.0% --
02/13/2019 02/13/19 For Rent $1,795 0.0% --
02/10/2019 02/10/19 Off Market $1,795 -- --
01/03/2019 01/03/19 For Rent $1,795 -7.9% --
01/07/2014 01/07/14 Rented $1,950 0.0% --
01/07/2014 01/07/14 Under Contract -- -- --
12/15/2013 12/15/13 For Rent $1,950 0.0% --
12/10/2013 12/10/13 Sold $600,000 +0.2% $435 / Sq Ft
10/10/2013 10/10/13 Pending -- -- --
08/09/2013 08/09/13 For Sale $599,000 -- $435 / 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 $8,963 $721,086 $427,845 $293,241
2023 $8,792 $706,948 $419,456 $287,492
2022 $8,385 $693,087 $411,232 $281,855
2021 $8,282 $679,498 $403,169 $276,329
2019 $8,036 $659,345 $391,211 $268,134
2018 $7,944 $646,418 $383,541 $262,877
2016 $7,510 $621,319 $368,649 $252,670
2015 $7,400 $611,987 $363,112 $248,875
2014 $7,430 $600,000 $356,000 $244,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR13042125

California Regional Multiple Listing Service (CRMLS)

APN: 2423-016-013