NOT LISTED FOR SALE

10804 Walnut St Los Alamitos, CA 90720

Estimated Value: $1,162,737 - $1,463,000

6 Beds
4 Baths
1,852 Sq Ft
$708/Sq Ft Est. Value

Last Sold December 23, 2014

Last sale price $672,000 $363 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $7,770/month

39 Days on Market

About This Home

As of December 2014

Great investment opportunity, both homes are similar in size and layout. They are both two bedrooms with one bath, and a nice open floor plan. Both homes have direct access one car garages. They both have been converted to studios with a full bathroom, both of which are being rented separately. Studios could be converted back to garages. There is also a separate studio built in the backyard that you could also rent. Great investment opportunity!

Last Agent to Sell the Property

Melody Smith

Anvil Real Estate License #01719799 Listed on: 09/25/2014

Anvil Real Estate

Last Buyer's Agent

Sean Daugherty

Advantage Investment Propertie License #01311465

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,520

Year Built

  • Built in 1961

Lot Details

  • 7,405 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 22 Car Garage

Home Design

  • 1,852 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 441
  • Assessor Parcel Number 24219207

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • New Taxes Expense $6,500
  • Gross Income $4,000
  • Net Operating Income $43,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,520

Year Built

Built in 1961

Lot Details

0

Parking

22

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 24219207
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 362.85

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 22.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7405.00
  • Price Per Lot Square Foot: 90.75
  • Lot Size Acres: 0.1700

Multi Family

  • Gross Income: 4000.00
  • Gross Scheduled Income: 48000.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 43000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1000.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 6500.00
  • Tax Lot: 7
  • Tax Tract Number: 441
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2015
Sold by
Soto Allan M and Soto Jennifer L
Bought by
Soto Family Revocable Trust
Current Estimated Value
$1,310,684

Purchase Details

Listed on
Sep 25, 2014
Closed on
Oct 31, 2014
Sold by
Badrtalei Jeffer S
Bought by
Soto Allan M and Soto Jennifer L
Seller's Agent
Melody Smith
Anvil Real Estate
Buyer's Agent
Sean Daugherty
Advantage Investment Propertie
List Price
$695,000
Sold Price
$672,000
Premium/Discount to List
-$23,000
-3.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%
Original Mortgage
$504,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2014
Sold by
Badrtalei Susan K
Bought by
Badrtalei Jeffer S

Purchase Details

Closed on
May 20, 2014
Sold by
Iraninejadian Daryoush Abdolah
Bought by
Iraninejadian Homa

Purchase Details

Closed on
Feb 20, 2014
Sold by
Nowzaree Morteza
Bought by
Kargar Shahla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,250
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 18, 2014
Sold by
Kargar Shahin S and Kargar Shahla
Bought by
Badrtalei Jeffer S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,250
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 3, 2004
Sold by
Kargar Shahin D
Bought by
Kargar Shahin S and Nowzaree Shahla Kargar
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
Soto Family Revocable Trust -- None Available
Soto Allan M $672,000 First American Title Company
Badrtalei Jeffer S -- Stewart Title Of Ca Inc
Iraninejadian Homa -- None Available
Kargar Shahla -- Stewart Title Of Ca Inc
Badrtalei Jeffer S $615,000 Stewart Title Of Ca Inc
Kargar Shahin S -- Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soto Allan M $504,000
Previous Owner Badrtalei Jeffer S $461,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2014 12/23/14 Sold $672,000 -3.3% $363 / Sq Ft
11/03/2014 11/03/14 Pending -- -- --
09/25/2014 09/25/14 For Sale $695,000 -- $375 / 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 $9,520 $807,639 $710,429 $97,210
2024 $9,520 $791,803 $696,499 $95,304
2023 $9,302 $776,278 $682,842 $93,436
2022 $9,263 $761,057 $669,453 $91,604
2021 $9,065 $746,135 $656,327 $89,808
2020 $9,094 $738,485 $649,597 $88,888
2019 $8,770 $724,005 $636,859 $87,146
2018 $8,360 $709,809 $624,371 $85,438
2017 $8,185 $695,892 $612,129 $83,763
2016 $8,029 $682,248 $600,127 $82,121
2015 $7,940 $672,000 $591,112 $80,888
2014 -- $502,570 $416,679 $85,891
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14207574

California Regional Multiple Listing Service (CRMLS)

APN: 242-192-07