NOT LISTED FOR SALE

Estimated Value: $766,000 - $1,164,000

8 Beds
4 Baths
2,304 Sq Ft
$420/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $620,000 $269 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,931/month

10 Days on Market

Highlights

  • Tile Flooring
  • Block Wall Fence
  • Wall Furnace

About This Home

As of July 2017

Nice 4 unit building with treelined street and good neighbors. Building has section 8 tenants paying 1,100/unit. highest seniority tenant has been there for over 16 yrs!!! lowest seniority 10 yrs!!! Some of the major plumbing has been done, New roof installed 4 yrs ago!!! Great for investment with high rents. Please do not bug tenants!!!

Last Agent to Sell the Property

Mario Espinoza

ReMax College Park Realty License #01169090 Listed on: 05/19/2017

ReMax College Park Realty

Last Buyer's Agent

Joon Lee

New Star Realty License #01733475

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,240

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 7,546 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Chain Link Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 2,304 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Carport
  • Parking Available
  • Assigned Parking

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, telephone
  • Assessor Parcel Number 6049030013

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,240

Year Built

Built in 1953 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Zoning: LARD2
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6049030013
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Levels: Two
  • Price Per Square Foot: 269.10

Exterior Features

  • Fence: Yes
  • Fencing: Block, Chain Link
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Carport
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7546.00

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Telephone

Multi Family

  • Average2 Bed Area: 576 Square Feet
  • Gross Income: 4400.00
  • Gross Scheduled Income: 4400.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: Yes
  • Total Actual Rent: 4400.00

Tax Info

  • Tax Census Tract: 2407.00
  • Tax Lot: 000
  • Tax Tract Number: 000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2017
Closed on
Jul 25, 2017
Sold by
Earth In Motion Inc
Bought by
Lee Joon Yong
Seller's Agent
Mario Espinoza
ReMax College Park Realty
Buyer's Agent
Joon Lee
New Star Realty
List Price
$614,777
Sold Price
$620,000
Premium/Discount to List
$5,223
0.85%
Current Estimated Value
$968,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,683
Avg. Annual Appreciation
5.15%
Original Mortgage
$416,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2003
Sold by
Gonzalez Oscar
Bought by
Gonzalez Espinoza Oscar C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2003
Sold by
Gonzalez Oscar
Bought by
Earth In Motion Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2001
Sold by
Anderson Thomas T and Anderson Mercedes C
Bought by
Gonzalez Oscar C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.15%

Purchase Details

Closed on
Oct 18, 2000
Sold by
Trust Anderson Thomas T Tr Anderson Fami
Bought by
Anderson Thomas T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.86%
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
Lee Joon Yong $620,000 Chicago Title
Gonzalez Espinoza Oscar C -- Lawyers Title
Earth In Motion Investments Inc -- --
Gonzalez Oscar C $175,000 Southland Title
Anderson Thomas T -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Joon Yong $371,000
Closed Lee Joon Yong $416,000
Previous Owner Gonzalez Espinoza Oscar C $210,000
Previous Owner Gonzalez Oscar C $157,500
Previous Owner Anderson Thomas T $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2017 07/28/17 Sold $620,000 +0.8% $269 / Sq Ft
05/19/2017 05/19/17 For Sale $614,777 -- $267 / 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 $9,240 $705,451 $455,130 $250,321
2024 $9,240 $691,619 $446,206 $245,413
2023 $9,068 $678,058 $437,457 $240,601
2022 $8,672 $664,764 $428,880 $235,884
2021 $8,557 $651,730 $420,471 $231,259
2019 $8,309 $632,400 $408,000 $224,400
2018 $8,177 $620,000 $400,000 $220,000
2016 $5,077 $360,305 $300,258 $60,047
2015 $5,001 $354,894 $295,748 $59,146
2014 $5,031 $347,943 $289,955 $57,988
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17111586

California Regional Multiple Listing Service (CRMLS)

APN: 6049-030-013