NOT LISTED FOR SALE

Estimated Value: $580,000 - $658,000

2 Beds
2 Baths
940 Sq Ft
$654/Sq Ft Est. Value

Last Sold September 17, 2020

Last sale price $445,000 $473 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,791/month

109 Days on Market

About This Home

As of September 2020

**NEW REDUCED PRICE**BOTH UNITS CAN BE DELIVER WITHOUT TENANTS** SET YOUR OWN RENT! This affordable income property is located to all amenities of life. Close to parks, schools, shopping centers, restaurants, churches, and freeways. Property features 2 attached 1 bedroom and 1 bath units. Back unit has recently been updated with the following; new interior paint, new kitchen cabinets, new flooring, and includes stove and refrigerator. Front unit was updated 2 years ago. Ready to move in! Property is very well kept and enough space in the back to entertain friends and family or expand. Back yard has alley access may be use for parking. Don't miss out! THIS PROPERTY QUALIFIES FOR FHA AND VA LOAN. BOFA DOWN PAYMENT ASSISTANT PROGRAM.

Last Agent to Sell the Property

Diana Hernandez

Century 21 Allstars License #01814655 Listed on: 04/17/2020

Century 21 Allstars

Last Buyer's Agent

Bruce Mena

Renaissance Realty Group License #01396601

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,866

Year Built

  • Built in 1925

Lot Details

  • 2,869 Sq Ft Lot
  • 1 Common Wall
  • Paved or Partially Paved Lot

Home Design

  • Property Attached

Interior Spaces

  • 940 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 3724
  • Assessor Parcel Number 6014014015

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $600
  • Trash Expense $1,080
  • Water Sewer Expense $1,800
  • New Taxes Expense $3,500
  • Operating Expense $6,980
  • Gross Income $27,420
  • Net Operating Income $27,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,866

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: LAR1
  • Property Type: Residential Income
  • Parcel Number: 6014014015
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 473.40

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1080.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 2869.00
  • Lot Size Acres: 0.0659

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 27420.00
  • Gross Scheduled Income: 30900.00
  • Lot Size Area: 2869.0000 Square Feet
  • Net Operating Income: 27420.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3480.00
  • Rent Control: Yes
  • Total Expenses: 6980.00

Tax Info

  • New Taxes Expense: 3500.00
  • Tax Census Tract: 2374.01
  • Tax Lot: 17
  • Tax Tract Number: 3724

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2020
Closed on
Aug 6, 2020
Sold by
Merida Walter
Bought by
Chio Alejandro
Seller's Agent
Diana Hernandez
Century 21 Allstars
Buyer's Agent
Bruce Mena
Renaissance Realty Group
List Price
$449,900
Sold Price
$445,000
Premium/Discount to List
-$4,900
-1.09%
Current Estimated Value
$603,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,185
Avg. Annual Appreciation
6.83%
Original Mortgage
$436,939
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 22, 2017
Closed on
Jan 5, 2018
Sold by
Martinez Fernando
Bought by
Merida Walter
Seller's Agent
Freddy Durango
Remington RE Services
Buyer's Agent
ROBERT HUBBARD
KELLER WILLIAMS COVINA
List Price
$340,000
Sold Price
$355,000
Premium/Discount to List
$15,000
4.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%
Original Mortgage
$362,632
Interest Rate
3.92%
Mortgage Type
VA

Purchase Details

Listed on
Dec 15, 2015
Closed on
Oct 25, 2016
Sold by
Flores Francisco Javier
Bought by
Martinez Fernando
Seller's Agent
Freddy Durango
Remington RE Services
Buyer's Agent
Andre Durango
Remington RE Services
List Price
$265,000
Sold Price
$242,000
Premium/Discount to List
-$23,000
-8.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.37%
Original Mortgage
$237,616
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 10, 2014
Closed on
Mar 5, 2014
Sold by
Perez Jacob
Bought by
Flores Francisco Javier
Seller's Agent
Freddy Durango
Remington RE Services
Buyer's Agent
Freddy Durango
Remington RE Services
List Price
$300,000
Sold Price
$290,000
Premium/Discount to List
-$10,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.90%
Original Mortgage
$284,747
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 11, 2011
Sold by
Wilshire Capital Group Llc
Bought by
Rodriguez Heriberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,690
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 26, 2011
Sold by
Rodriguez Heriberto
Bought by
Perez Jacob

Purchase Details

Closed on
Feb 5, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Wilshire Capital Group Llc

Purchase Details

Closed on
Sep 15, 2009
Sold by
Torres Jesus Amezcua
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Aug 1, 2005
Sold by
Oatman Stewart
Bought by
Torres Jesus Amezcua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,600
Interest Rate
5.61%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 12, 1995
Sold by
Oatman Stewart
Bought by
Oatman Stewart and Oatman Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,300
Interest Rate
8.77%

Purchase Details

Closed on
Nov 26, 1993
Sold by
Gardenhire Tyromina F
Bought by
Oatman Stewart and Oatman Shirley

Purchase Details

Closed on
Jul 27, 1993
Sold by
Brandon Helen
Bought by
Gardenhire Tyromina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,275
Interest Rate
6.95%
Mortgage Type
FHA
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
Chio Alejandro $445,000 Stewart Title
Merida Walter $355,000 Pacific Coast Title Company
Martinez Fernando $242,000 Pacific Coast Title Company
Martinez Fernando $242,000 Pacific Coast Title Company
Flores Francisco Javier $290,000 Chicago Title Company
Rodriguez Heriberto $170,000 Fidelity National Title Co
Perez Jacob -- Accommodation
Wilshire Capital Group Llc -- Lsi Title Agency
Hsbc Bank Usa National Association $102,526 Accommodation
Torres Jesus Amezcua $323,000 --
Oatman Stewart -- American Coast Title
Oatman Stewart -- --
Gardenhire Tyromina $95,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chio Alejandro $432,439
Closed Chio Alejandro $436,939
Previous Owner Merida Walter $362,632
Previous Owner Martinez Fernando $237,616
Previous Owner Flores Francisco Javier $286,478
Previous Owner Flores Francisco Javier $284,747
Previous Owner Rodriguez Heriberto $165,690
Previous Owner Torres Jesus Amezcua $64,600
Previous Owner Torres Jesus Amezcua $258,400
Previous Owner Oatman Stewart $127,600
Previous Owner Oatman Stewart $112,000
Previous Owner Oatman Stewart $97,300
Previous Owner Gardenhire Tyromina $95,275
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2020 09/17/20 Sold $445,000 +1.2% $473 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
07/29/2020 07/29/20 Price Changed $439,900 -2.2% $468 / Sq Ft
05/07/2020 05/07/20 Price Changed $449,800 0.0% $479 / Sq Ft
04/17/2020 04/17/20 For Sale $449,900 +26.7% $479 / Sq Ft
01/05/2018 01/05/18 Sold $355,000 +1.1% $355,000 / Sq Ft
11/03/2017 11/03/17 Pending -- -- --
10/30/2017 10/30/17 Price Changed $351,000 +3.2% $351,000 / Sq Ft
09/23/2017 09/23/17 For Sale $340,000 -4.2% $340,000 / Sq Ft
09/11/2017 09/11/17 Off Market $355,000 -- --
06/22/2017 06/22/17 For Sale $340,000 +40.5% $340,000 / Sq Ft
10/31/2016 10/31/16 Sold $242,000 -8.7% $257 / Sq Ft
02/06/2016 02/06/16 Pending -- -- --
12/15/2015 12/15/15 For Sale $265,000 -8.6% $282 / Sq Ft
04/23/2014 04/23/14 Sold $290,000 -3.3% $309 / Sq Ft
04/14/2014 04/14/14 Pending -- -- --
02/10/2014 02/10/14 For Sale $300,000 -- $319 / 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 $5,866 $481,681 $432,972 $48,709
2024 $5,866 $472,237 $424,483 $47,754
2023 $5,757 $462,978 $416,160 $46,818
2022 $5,494 $453,900 $408,000 $45,900
2021 $5,424 $445,000 $400,000 $45,000
2020 $4,625 $369,342 $265,302 $104,040
2019 $4,445 $362,100 $260,100 $102,000
2018 $3,104 $246,840 $193,800 $53,040
2016 $3,717 $300,303 $207,106 $93,197
2015 $3,954 $295,794 $203,996 $91,798
2014 $2,277 $174,187 $133,202 $40,985
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20075167

California Regional Multiple Listing Service (CRMLS)

APN: 6014-014-015