NOT LISTED FOR SALE

Estimated Value: $992,000 - $1,133,000

8 Beds
4 Baths
3,352 Sq Ft
$314/Sq Ft Est. Value

Sale Details

Date Sold: February 1, 2018

Last sale price $720,000 $215 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $6,744 / mo

4 Days on Market

Highlights

  • Private Yard
  • 4 Car Garage
  • Wall Furnace
  • Laundry Room

About This Home

As of February 2018

Perfect income property. Four large units, each unit is 2 bedrooms each. There are 4 carports for tenant parking. Onsite laundry room. Close to Elementary school. Shopping centers nearby.

Last Agent to Sell the Property

Antonio Pedroza

Century 21 Allstars License #01126462 Listed on: 06/19/2017

Century 21 Allstars

Last Buyer's Agent

Antonio Pedroza

Century 21 Allstars License #01126462 Listed on: 06/19/2017

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 6,334 Sq Ft Lot
  • No Common Walls
  • Private Yard
  • Land Lease

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • 3,352 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 20
  • Tax Tract Number 23050
  • Assessor Parcel Number 8105020020

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $300
  • Insurance Expense $1,500
  • Other Expense $1,800
  • Water Sewer Expense $1,800
  • New Taxes Expense $9,000
  • Operating Expense $14,400
  • Gross Income $51,300
  • Net Operating Income $47,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

6,334 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Zoning: EMR3*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 8105020020
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 214.80

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: Yard
  • Lot Size Sq Ft: 6334.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 300.00
  • Gross Income: 51300.00
  • Gross Scheduled Income: 51300.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 47400.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 3900.00
  • Other Expense: 1800.00
  • Other Expense Description: Gas
  • Rent Control: No
  • Total Actual Rent: 4275.00
  • Total Expenses: 14400.00

Tax Info

  • New Taxes Expense: 9000.00
  • Tax Census Tract: 4338.01
  • Tax Lot: 20
  • Tax Tract Number: 23050

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2019
Sold by
Ho Wendy Cheung
Bought by
Wendy C Ho Trust
Current Estimated Value
$1,053,917

Purchase Details

Closed on
Jun 23, 2017
Sold by
Chacon Maria Elena
Bought by
Ho Eric Lic and Ho Wendy Cheung

Purchase Details

Closed on
Jul 30, 2004
Sold by
Janssen Edgar Allen
Bought by
Chacon Maria Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
4.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2004
Sold by
Janssen Edgar
Bought by
Janssen Edgar Allen and Janssen Denise

Purchase Details

Closed on
Feb 8, 2001
Sold by
Affordable Shelters Inc
Bought by
Janssen Edgar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,013
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 11, 1999
Sold by
Hud
Bought by
Affordable Shelters Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,750
Interest Rate
7.64%
Mortgage Type
FHA

Purchase Details

Closed on
May 7, 1998
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Feb 25, 1997
Sold by
United Car Wash Corp
Bought by
Dossena Mario Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,643
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 27, 1997
Sold by
Yu Stanley
Bought by
United Car Wash Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,643
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 23, 1995
Sold by
Cheng Hon Kwan
Bought by
Yu Stanley and Yu Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,050
Interest Rate
7.59%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wendy C Ho Trust -- None Available
Ho Eric Lic $720,000 Old Republic Title Company
Chacon Maria Elena $515,000 Fidelity Title Company
Janssen Edgar Allen -- --
Janssen Edgar $258,000 Stewart Title
Affordable Shelters Inc $155,500 Provident Title
Hud -- Benefit Land Title Ins Co
Norwest Mtg Inc $269,710 Benefit Land Title Ins Co
Dossena Mario Jose $260,000 Commonwealth Land Title Co
United Car Wash Corp $161,000 Commonwealth Title
Yu Stanley $145,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chacon Maria Elena $412,000
Previous Owner Janssen Edgar $254,013
Previous Owner Affordable Shelters Inc $174,750
Previous Owner Dossena Mario Jose $249,643
Previous Owner Yu Stanley $130,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2018 02/01/18 Sold $720,000 0.0% $215 / Sq Ft
06/23/2017 06/23/17 Pending -- -- --
06/22/2017 06/22/17 Off Market $720,000 -- --
06/19/2017 06/19/17 For Sale $720,000 -- $215 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $13,869 $819,232 $551,845 $267,387
2024 $13,869 $803,170 $541,025 $262,145
2023 $13,372 $787,422 $530,417 $257,005
2022 $13,076 $771,983 $520,017 $251,966
2021 $12,910 $756,847 $509,821 $247,026
2020 $12,541 $749,298 $504,594 $244,704
2019 $12,506 $734,610 $494,700 $239,910
2018 $10,753 $631,108 $232,757 $398,351
2016 $9,914 $606,402 $223,720 $382,682
2015 $9,789 $597,294 $220,360 $376,934
2014 $9,586 $585,595 $216,044 $369,551
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17139012

California Regional Multiple Listing Service (CRMLS)

APN: 8105-020-020

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