NOT LISTED FOR SALE

Estimated Value: $1,476,000 - $1,785,000

7 Beds
5 Baths
3,364 Sq Ft
$496/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $1,428,000 $424 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $10,278/month

71 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • John H. Francis Polytechnic Rated A-

About This Home

As of September 2023

7.49% CAP!!! Completely Remodeled 4 bedroom / 2 bath home in 2019. Other 2 units built 2019. Total SF is 3,364 SF & 8,190 SF Lot. Total income is $11,900 per month. Perfect to live in one unit and keep other units rented out or keep all rented as investment. All units have washer / dryer inside unit. Low maintenance property with all concrete. Each unit has own private patios. good rental income of 11,900 per month

Last Agent to Sell the Property

Brett Howard

Howard Realty Group License #01120327 Listed on: 04/24/2023

Last Buyer's Agent

Brett Howard

Howard Realty Group License #01120327 Listed on: 04/24/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,552

Year Built

  • Built in 2019

Lot Details

  • 8,190 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,364 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tax Lot 29
  • Tax Tract Number 6929
  • Assessor Parcel Number 2407024026

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,552

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Price Per Unit: 516333
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 2407024026
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: front
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 424.49

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8190.00
  • Lot Size Acres: 0.1880
  • Latitude Manual: 34.22048600

Rental Info

  • Tenant Pays: Other

Multi Family

  • Electric Expense: 4200.00
  • Fuel Expense: 2460.00
  • Gross Income: 142800.00
  • Gross Scheduled Income: 142800.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 8190.0000 Square Feet
  • Net Operating Income: 116052.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 26748.00
  • Rent Control: Yes
  • Total Actual Rent: 11900.00
  • Total Expenses: 26748.00

Tax Info

  • New Taxes Expense: 18588.00
  • Tax Lot: 29
  • Tax Tract Number: 6929

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2019
Closed on
Apr 3, 2019
Sold by
Georgius John and Estate Of Gaye P Gibson
Bought by
Ashrafyan Lusine
Seller's Agent
William Talamantes
Park Regency Realty
Buyer's Agent
William Talamantes
Park Regency Realty
List Price
$49,900
Sold Price
$450,000
Premium/Discount to List
$400,100
801.8%
Current Estimated Value
$1,669,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,219,267
Avg. Annual Appreciation
22.94%
Original Mortgage
$360,000
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 12, 2000
Sold by
Rodriguez Maria E
Bought by
Gibson Gaye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.71%
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
Ashrafyan Lusine $450,000 First American Title
Gibson Gaye $115,500 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ashrafyan Lusine $371,000
Closed Ashrafyan Lusine $360,000
Previous Owner Gibson Gaye $73,200
Previous Owner Gibson Gaye $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2023 09/27/23 Sold $1,428,000 -7.8% $424 / Sq Ft
07/04/2023 07/04/23 Pending -- -- --
04/24/2023 04/24/23 For Sale $1,549,000 +244.2% $460 / Sq Ft
05/07/2019 05/07/19 Sold $450,000 +801.8% $586 / Sq Ft
03/28/2019 03/28/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $49,900 -- $65 / 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 $17,552 $1,456,560 $867,000 $589,560
2024 $17,552 $1,428,000 $850,000 $578,000
2023 $11,810 $949,588 $385,992 $563,596
2022 $11,263 $930,970 $378,424 $552,546
2021 $5,657 $463,755 $371,004 $92,751
2019 $3,516 $155,998 $94,547 $61,451
2018 $1,893 $152,941 $92,694 $60,247
2016 $1,801 $147,004 $89,096 $57,908
2015 $1,775 $144,797 $87,758 $57,039
2014 $1,789 $141,961 $86,039 $55,922
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB23068972

California Regional Multiple Listing Service (CRMLS)

APN: 2407-024-026