NOT LISTED FOR SALE

Estimated Value: $1,129,000 - $1,268,000

8 Beds
8 Baths
3,447 Sq Ft
$346/Sq Ft Est. Value

Last Sold August 07, 2018

Last sale price $770,000 $223 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,971/month

16 Days on Market

About This Home

As of August 2018

Great Cash Flow Opportunity. All 2 bedroom 2 bath units. Spacious units close to schools and shops. Can also be bought with 1121 W. 9th St. Corona. Great for any savvy investor or potentially an owner occupant looking to supplement their payments with rents.

Last Agent to Sell the Property

Michael Torres

Michael Torres, Broker License #01469202 Listed on: 05/27/2018

Co-Listed By

cilka israel

Michael Torres, Broker License #01907458

Last Buyer's Agent

Peter Kappelos

Estate Properties License #01329388

Estate Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 7,916 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 3,447 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Additional Features

  • Suburban Location
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 2287
  • Assessor Parcel Number 110071011

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $55,200
  • Net Operating Income $52,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 110071011
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 223.38

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7916.00

Multi Family

  • Gross Income: 55200.00
  • Gross Scheduled Income: 55200.00
  • Net Operating Income: 52000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Census Tract: 417.03
  • Tax Lot: 18
  • Tax Tract Number: 2287

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2022
Sold by
Phon Quang Son and Phon May
Bought by
Quang Son Phon & May Lam Family Trust
Current Estimated Value
$1,191,349

Purchase Details

Listed on
May 27, 2018
Closed on
Jun 14, 2018
Sold by
Barrios Daniel Felix
Bought by
Quang Son Phon and Lam May
Seller's Agent
Michael Torres
Michael Torres, Broker
Buyer's Agent
Peter Kappelos
Estate Properties
List Price
$800,000
Sold Price
$770,000
Premium/Discount to List
-$30,000
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%
Original Mortgage
$570,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 17, 2015
Closed on
Aug 11, 2015
Sold by
Suzuki Teresa Lynn
Bought by
Barrios Daniel Felix
Seller's Agent
Tammi Schilling-Garland
Century 21 Garland
Buyer's Agent
Martha Neri
Berkshire Hathaway HomeService
List Price
$679,900
Sold Price
$630,000
Premium/Discount to List
-$49,900
-7.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%
Original Mortgage
$670,000
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 21, 2002
Sold by
Ackerman Harold
Bought by
Ackerman Harold
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Quang Son Phon & May Lam Family Trust -- None Listed On Document
Quang Son Phon $770,000 Orange Coast Title Company
Barrios Daniel Felix $1,260,000 Title 365
Ackerman Harold -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Quang Son Phon $570,000
Previous Owner Barrios Daniel Felix $670,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2018 08/07/18 Sold $770,000 -3.8% $223 / Sq Ft
06/12/2018 06/12/18 Pending -- -- --
05/27/2018 05/27/18 For Sale $800,000 +27.0% $232 / Sq Ft
09/30/2015 09/30/15 Sold $630,000 -7.3% $158 / Sq Ft View Prior Sale
07/08/2015 07/08/15 Pending -- -- --
05/14/2015 05/14/15 For Sale $679,900 -- $170 / 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 $9,424 $858,945 $167,325 $691,620
2023 $9,424 $825,593 $160,829 $664,764
2022 $9,126 $809,406 $157,676 $651,730
2021 $8,946 $793,536 $154,585 $638,951
2020 $8,848 $785,400 $153,000 $632,400
2019 $8,643 $770,000 $150,000 $620,000
2018 $7,346 $655,452 $130,050 $525,402
2017 $7,166 $642,600 $127,500 $515,100
2016 $7,097 $630,000 $125,000 $505,000
2015 $3,317 $292,785 $72,427 $220,358
2014 $2,687 $239,984 $58,848 $181,136
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18126455

California Regional Multiple Listing Service (CRMLS)

APN: 110-071-011