NOT LISTED FOR SALE

Estimated Value: $1,030,702

11 Beds
5 Baths
4,194 Sq Ft
$246/Sq Ft Est. Value

Last Sold September 20, 2016

Last sale price $565,000 $135 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $6,467/month

24 Days on Market

About This Home

As of September 2016

This is a winner. Where can you get a no rent control property that has 4 units all zoned commercial and residential with an address on 99th and two units having a Century access and one unit having a century address 1141 Century. There's also a 5th unit that a tenant just vacated after their offer of 1,100 a month was rejected by owner. Total projected rent is 6,400. Units in good condition. If you have questions call the agent. He's been to the building and permits the owner to verify. As always buyer to do own investigation

Last Agent to Sell the Property

Ophir Adar

Rosano Partners License #01332387 Listed on: 05/31/2016

Last Buyer's Agent

Victor Hatten

License #01823368

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,346

Year Built

  • Built in 1950

Lot Details

  • 4,968

Interior Spaces

  • 4,194 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Bathrooms

Parking

  • 3 Parking Spaces
  • Auto Driveway Gate

Additional Features

  • 4,968 Sq Ft Lot
  • Air Conditioning

Community Details

  • 3 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 6056-019-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,346

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: This is a winner. Where can you get a no rent control property that has 4 units all zoned commercial and residential with an address on 99th and two units having a Century address and access? There's also a 5th unit that a tenant just vacated after their offer of 1,100 a month was rejected by owner. Total projected rent is 6,400. Units in good condition. If you have questions call the agent. He's been to the building and permits the owner to verify.
  • Living Area: 4194
  • Stories: 2
  • Year Built: 1950
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 11
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Price Per S Q F T: 154.98

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway Gate
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning

Lot Info

  • Assessed Improvement Value: 96660
  • Assessed Land Value: 198694
  • Assessor Parcel Number: 6056-019-005
  • Geocode Override: No
  • Lot Size Area: 4968

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 8.50
  • Number Of Units: 4
  • Total Annual Expense: 6000
  • Type Of Units: Resi&Comm
  • Vacancy Rate: 3 units

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2018
Sold by
Bhatia Sanjeev and Sharma Sunyana
Bought by
Welcome Properties Management Llc
Current Estimated Value
$1,030,702

Purchase Details

Listed on
May 31, 2016
Closed on
Sep 12, 2016
Sold by
Deermont Llc
Bought by
Bhatia Sanjeev and Sharma Sunyana
Seller's Agent
Ophir Adar
Rosano Partners
Buyer's Agent
Victor Hatten
List Price
$650,000
Sold Price
$565,000
Premium/Discount to List
-$85,000
-13.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$495,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 21, 2009
Sold by
Caballero Ramon
Bought by
Deermont Llc

Purchase Details

Closed on
Dec 21, 2004
Sold by
Alvarado Nelson
Bought by
Caballero Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
7.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 17, 2004
Sold by
Caballero Deyanira
Bought by
Caballero Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
7.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 21, 2003
Sold by
Alvarado Ana Gloria
Bought by
Alvarado Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,800
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 19, 2003
Sold by
Espinoza Hilario F
Bought by
Alvarado Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,800
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 3, 2000
Sold by
Zambrano Erica and Ojeda Daisy
Bought by
Espinosa Hilario F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,160
Interest Rate
7.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 7, 2000
Sold by
Purcell John J
Bought by
Zambrano Erica and Ojeda Daisy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,160
Interest Rate
7.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Welcome Properties Management Llc -- None Available
Bhatia Sanjeev $565,000 Ticor Title Co
Deermont Llc $187,500 None Available
Caballero Ramon $385,000 Ticor Title Company
Caballero Ramon -- Ticor Title Company
Alvarado Nelson -- Commonwealth
Alvarado Nelson $266,000 Commonwealth
Espinosa Hilario F -- --
Zambrano Erica $225,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welcome Property Management Llc $890,000
Previous Owner Bhatia Sanjeev $503,495
Previous Owner Bhatia Sanjeev $495,000
Previous Owner Caballero Ramon $56,000
Previous Owner Caballero Ramon $496,000
Previous Owner Caballero Ramon $308,000
Previous Owner Alvarado Nelson $212,800
Previous Owner Zambrano Erica $223,160
Closed Alvarado Nelson $39,900
Closed Caballero Ramon $77,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2016 09/20/16 Sold $565,000 -13.1% $135 / Sq Ft
05/31/2016 05/31/16 For Sale $650,000 -- $155 / Sq Ft
Source: The MLS

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 $10,346 $655,727 $464,232 $191,495
2024 $10,346 $642,871 $455,130 $187,741
2023 $10,181 $630,266 $446,206 $184,060
2022 $9,765 $617,908 $437,457 $180,451
2021 $9,674 $605,793 $428,880 $176,913
2020 $9,202 $599,582 $424,483 $175,099
2019 $9,405 $587,826 $416,160 $171,666
2018 $9,224 $576,300 $408,000 $168,300
2016 $5,851 $299,858 $201,724 $98,134
2015 $5,763 $295,354 $198,694 $96,660
2014 $5,745 $289,569 $194,802 $94,767
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-130556

The MLS

APN: 6056-019-005