NOT LISTED FOR SALE

Estimated Value: $1,154,000 - $1,328,000

8 Beds
4 Baths
3,192 Sq Ft
$391/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $1,068,000 $335 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $7,904/month

10 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Bedroom
  • Living Room
  • Wood Flooring
  • Lawn
  • Laundry Room

About This Home

As of December 2021

The property is a basic two bedroom one bath fourplex plus four car carport.

Number of units: four
Total monthly rent: $3,120 does not include one unit, which is to be delivered vacant and move-in ready.
Long term tenants on month-to-month rental agreements.

Last Agent to Sell the Property

Max McDermott

Realty Masters & Associates License #01172284 Listed on: 10/18/2021

Realty Masters & Associates

Last Buyer's Agent

Jessica Chiu

A + Realty & Mortgage License #01303406

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,368 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Front Yard Sprinklers
  • Manual Sprinklers System
  • Lawn

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 3,192 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Center Hall

Kitchen

  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Parking

  • 4 Parking Spaces
  • 4 Detached Carport Spaces
  • Parking Available

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 8104008017

Community Details

Overview

  • 4 Units

Building Details

  • 3 Leased Units
  • Electric Expense $2,500
  • Insurance Expense $1,236
  • Trash Expense $2,777
  • Water Sewer Expense $2,500
  • Operating Expense $10,287
  • Gross Income $37,440
  • Net Operating Income $10,287

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2500.00
  • Zoning: EMR3YY
  • Property Type: Residential Income
  • Parcel Number: 8104008017
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Formica Counters, Unfurnished
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 334.59
  • Room Type: Center Hall, Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Water Heater
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Gas Dryer Hookup, In Kitchen, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 2777.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Level with Street, Rectangular Lot, Near Public Transit, Paved, Sprinklers In Front, Sprinklers Manual
  • Lot Size Sq Ft: 6368.00
  • Lot Size Acres: 0.1462

Multi Family

  • Electric Expense: 2500.00
  • Gross Income: 37440.00
  • Gross Scheduled Income: 57160.00
  • Insurance Expense: 1236.00
  • Lot Size Area: 6368.0000 Square Feet
  • Net Operating Income: 10287.00
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 10287.00
  • Rent Control: No
  • Total Actual Rent: 3120.00
  • Total Expenses: 10287.00

Tax Info

  • Tax Census Tract: 4334.02
  • Tax Lot: 9
  • Tax Tract Number: 0000

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2021 12/30/21 Sold $1,068,000 +7.3% $335 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
10/18/2021 10/18/21 For Sale $995,000 -- $312 / 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 $16,695 $1,133,368 $680,233 $453,135
2024 $15,645 $1,111,146 $666,896 $444,250
2023 $15,393 $1,089,360 $653,820 $435,540
2022 $14,800 $1,068,000 $641,000 $427,000
2021 $3,660 $190,743 $51,264 $139,479
2019 $3,567 $185,088 $49,745 $135,343
2018 $3,336 $181,460 $48,770 $132,690
2016 $3,081 $174,416 $46,877 $127,539
2015 $3,046 $171,797 $46,173 $125,624
2014 $3,010 $168,433 $45,269 $123,164
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21217174

California Regional Multiple Listing Service (CRMLS)

APN: 8104-008-017