NOT LISTED FOR SALE

Estimated Value: $956,000 - $1,410,000

6 Beds
3 Baths
1,541 Sq Ft
$780/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $652,000 $423 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $7,361/month

312 Days on Market

About This Home

As of November 2014

Recently renovated property; converted to three units; all permits on file with Building and Safety. Property is fully occupied. Please do not disturb the tenants - call agent for more information.

Last Agent to Sell the Property

Rafael Figueroa

Raford Management Co. License #00860084 Listed on: 01/13/2014

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,901

Year Built

  • Built in 1922

Lot Details

  • 7,812 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 3 Parking Spaces

Home Design

  • 1,541 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms
  • Fireplace in Bathroom

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 5
  • Tax Tract Number 2
  • Assessor Parcel Number 5037023002

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $3,500
  • New Taxes Expense $7,500
  • Gross Income $5,500
  • Net Operating Income $5,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,901

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Other Phone Description: Lou Frasco
  • Other Phone Number: 818-903-1883
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 5037023002
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Fireplace Features: Bath
  • Levels: One
  • Price Per Square Foot: 423.10

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7812.00
  • Lot Size Acres: 0.1790

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 5500.00
  • Gross Scheduled Income: 6000.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 7812.0000 Square Feet
  • Net Operating Income: 5500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 500.00
  • Rent Control: Yes
  • Total Actual Rent: 6000.00

Tax Info

  • New Taxes Expense: 7500.00
  • Tax Lot: 5
  • Tax Tract Number: 2
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2022
Sold by
Salazar Derivera Vilma Aracely
Bought by
2022 Vilma Aracely Salazar Separate Property and Derivera
Current Estimated Value
$1,201,864

Purchase Details

Closed on
Jul 16, 2021
Sold by
Torres Miguel Angel Rivera and De Rivera Vilma
Bought by
Torres Miguel Angel Rivera and De Rivera Vilma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2020
Sold by
Torres Miguel Angel Rivera and De Rivera Vilma
Bought by
Torres Miguel Angel Rivera and Derivera Vilma Aracely

Purchase Details

Listed on
Jan 13, 2014
Closed on
Nov 18, 2014
Sold by
Goodrich David M and Estate Of Ortiz Investments In
Bought by
Rivera Miguel and Rivera Vilma
Seller's Agent
Rafael Figueroa
Raford Management Co.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$700,000
Sold Price
$652,000
Premium/Discount to List
-$48,000
-6.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%
Original Mortgage
$489,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2010
Sold by
Lagatta Wesley
Bought by
Ortiz Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 2010
Sold by
U S Bank National Association
Bought by
Lagatta Wesley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2010
Sold by
Lundy Roy
Bought by
Us Bank National Association

Purchase Details

Closed on
May 22, 2009
Sold by
Allen Robin
Bought by
Morales Elisa M

Purchase Details

Closed on
Sep 8, 2008
Sold by
Lundy Roy
Bought by
Allen Robin

Purchase Details

Closed on
Feb 21, 2006
Sold by
Espino Ana
Bought by
Lundy Roy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.99%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 8, 2005
Sold by
Smith Dennis L
Bought by
Espino Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
5.51%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 10, 2005
Sold by
Espino Ana
Bought by
Smith Dennis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
5.51%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 29, 2000
Sold by
Venture Investment Properties Llc
Bought by
Espino Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,050
Interest Rate
8.12%

Purchase Details

Closed on
Mar 17, 2000
Sold by
Reid Henry and Reid Author
Bought by
Venture Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
8.24%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 18, 1997
Sold by
Reid Henry and Reid Arthur
Bought by
Reid Henry and Reid Author

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
9.99%

Purchase Details

Closed on
Aug 27, 1996
Sold by
Reid Henry and Reid Author
Bought by
Reid Henry and Reid Author
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
2022 Vilma Aracely Salazar Separate Property -- None Listed On Document
Derivera Vilma Aracely Sala -- None Listed On Document
Torres Miguel Angel Rivera -- None Listed On Document
Torres Miguel Angel Rivera -- Usa National Title Co
Torres Miguel Angel Rivera -- Servicelink
Torres Miguel Angel Rivera -- None Available
Rivera Miguel $652,000 Fidelity National Title
Ortiz Investments Inc $160,000 Provident Title Company
Lagatta Wesley $160,000 Stewart Title
Us Bank National Association $151,000 None Available
Morales Elisa M -- None Available
Allen Robin -- None Available
Lundy Roy $500,000 Chicago Title Co
Espino Ana -- New Century Title
Smith Dennis L -- --
Espino Ana $139,000 South Coast Title Company
Venture Investment Properties Llc $89,857 Old Republic Title Company
Reid Henry -- Southland Title Corporation
Reid Henry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Torres Miguel Angel Rivera $650,000
Previous Owner Rivera Miguel $489,000
Previous Owner Ortiz Investments Inc $187,000
Previous Owner Ortiz Investments Inc $100,000
Previous Owner Ortiz Investments Inc $341,641
Previous Owner Ortiz Investments Inc $185,000
Previous Owner Lundy Roy $400,000
Previous Owner Lundy Roy $100,000
Previous Owner Espino Ana $20,000
Previous Owner Espino Ana $356,250
Previous Owner Espino Ana $270,750
Previous Owner Espino Ana $228,750
Previous Owner Espino Ana Maria $40,000
Previous Owner Espino Ana $132,050
Previous Owner Venture Investment Properties Llc $66,000
Previous Owner Reid Henry $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2014 11/21/14 Sold $652,000 -6.9% $423 / Sq Ft
11/21/2014 11/21/14 Pending -- -- --
01/13/2014 01/13/14 For Sale $700,000 -- $454 / 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 $9,901 $783,596 $468,716 $314,880
2024 $9,901 $768,232 $459,526 $308,706
2023 $9,721 $753,169 $450,516 $302,653
2022 $9,290 $738,402 $441,683 $296,719
2021 $9,154 $723,924 $433,023 $290,901
2020 $9,240 $716,502 $428,583 $287,919
2019 $8,890 $702,454 $420,180 $282,274
2018 $8,710 $688,682 $411,942 $276,740
2016 $8,256 $661,942 $395,947 $265,995
2015 $8,138 $652,000 $390,000 $262,000
2014 $10,214 $805,934 $125,414 $680,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14008124

California Regional Multiple Listing Service (CRMLS)

APN: 5037-023-002