NOT LISTED FOR SALE
10 Beds
8 Baths
6,650 Sq Ft
4,800 Sq Ft Lot

Sale Details

Date Sold: August 10, 2017

Last sale price $1,795,100 $270 Per Sq Ft

7 Days on Market

About This Home

As of August 2017

How would you like to have a multi-family property that: a) cash flows very nicely, b) is fully and beautifully renovated so you don't spend a penny for sometime to come and c) has great upside, all in the same package? Well, here it is! This is 8 units in Boyle Hts with 6 current market tenants and two long term low rent tenants. Whenever those two tenants vacate you can add an additional $2K/mo! According to our calculations you should be able to net about $4500/mo or $54,000 annually right now, while putting down about $525K. And all this in a hugely up and coming neighborhood.

Last Agent to Sell the Property

Ken Shapiro

Silverwood Properties License #01715663 Listed on: 02/15/2017

Last Buyer's Agent

Ken Shapiro

Silverwood Properties License #01715663 Listed on: 02/15/2017

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 4,800

Interior Spaces

  • 6,650 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Parking

  • 4 Parking Spaces
  • Tandem Parking

Additional Features

  • 4,800 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5229-006-014

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

4,800 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6650
  • Stories: 2
  • Year Built: 1928
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 10
  • Total Bathrooms: 8.00
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 263.01

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Tandem
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 472091
  • Assessed Land Value: 314727
  • Assessor Parcel Number: 5229-006-014
  • Geocode Override: No
  • Lot Size Area: 4800

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 11.16
  • Number Of Units: 8
  • Type Of Units: attached

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,795,500 Old Republic Titel Company
Shapiro Cheney $1,110,000 California Title Company
Eisenman Rosen Llc -- None Available
Bernstein Jorey $775,000 Pacific Coast Title Company
Gonzalez Juan A -- --
Gonzalez Juan A $535,272 Lawyers Title
Hayden Michael -- Orange Coast Title
Wilson Leslie -- Orange Coast Title
Ldw Investments Ll1 -- --
Hayden Michael $183,000 United Title Company
Pacific National Bank $182,304 --
Duran Ruben -- --
Duran Ruben -- --
Duran Ruben $128,000 Southland Title
Guardian Bank $129,959 Southland Title Corporation
Sandoval Alfred -- --
Sandoval Alfred -- --
Sandoval Alfred -- --
Sandoval Alfred -- --
Sandoval Alfred -- --
Sandoval Alfredo -- --
Delatorre Ofelia -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,181,700
Previous Owner Shapiro Cheney $450,000
Previous Owner Gonzalez Juan A $374,500
Previous Owner Gonzalez Juan A $250,000
Previous Owner Wilson Leslie $188,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2017 08/10/17 Sold $1,795,100 +2.6% $270 / Sq Ft
02/15/2017 02/15/17 For Sale $1,749,000 +57.6% $263 / Sq Ft
08/09/2016 08/09/16 Sold $1,110,000 +12.2% $167 / Sq Ft View Prior Sale
06/14/2016 06/14/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $989,000 -- $149 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $25,488 $2,083,364 $580,291 $1,503,073
2025 $25,488 $2,042,514 $568,913 $1,473,601
2024 $25,179 $2,002,465 $557,758 $1,444,707
2023 $24,702 $1,963,202 $546,822 $1,416,380
2022 $23,577 $1,924,708 $536,100 $1,388,608
2021 $23,269 $1,886,970 $525,589 $1,361,381
2019 $22,587 $1,831,002 $510,000 $1,321,002
2018 $22,468 $1,795,100 $500,000 $1,295,100
2017 $14,191 $1,110,000 $400,000 $710,000
2016 $10,226 $786,818 $314,727 $472,091
2015 $8,245 $620,491 $173,967 $446,524
2014 $8,320 $608,338 $170,560 $437,778
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-202368

The MLS
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