NOT LISTED FOR SALE

Estimated Value: $908,000 - $1,114,000

2 Beds
2 Baths
1,908 Sq Ft
$521/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $699,000 $366 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $6,235/month

266 Days on Market

Highlights

  • No Units Above
  • Woodrow Wilson High School Rated A
  • Laundry Room

About This Home

As of October 2019

Great Opportunity for an Investor or First Time Home Buyer !! Each unit is a 2 bedroom and 2 bathrooms. You can live in 1 and rent out the other unit. Current rents are BELOW MARKET RENTS in NO RENT CONTROL AREA !!!!. The units are located in North Alamitos Beach area. Close to Major Shopping, beaches and Schools.. Do not disturb tenants. Thank you !!

Last Agent to Sell the Property

Ju-Juan Videau

Berkshire Hathaway Home Srvs License #01410382 Listed on: 10/26/2018

Berkshire Hathaway Home Srvs

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,832

Year Built

  • Built in 1924

Lot Details

  • 6,514 Sq Ft Lot
  • No Units Above
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 1,908 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 7261032018

Community Details

Overview

  • 2 Units
  • Eastside Subdivision

Building Details

  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,832

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Eastside (ES)
  • Zoning: LBR2N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7261032018
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall, No One Above
  • Levels: One
  • Price Per Square Foot: 366.35

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6514.00
  • Lot Size Acres: 0.1495

Multi Family

  • Gross Income: 30000.00
  • Gross Scheduled Income: 2500.00
  • Lot Size Area: 6514.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5769.01
  • Tax Lot: 13
  • Tax Tract Number: *

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2006
Sold by
Velasquez Armando and Robles Diana
Bought by
Velasquez Armando
Current Estimated Value
$994,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
6.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2005
Sold by
Velasquez Ramona and Velasquez Armando
Bought by
Velasquez Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
5.72%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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
Velasquez Armando -- First American Title Company
Velasquez Armando -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Velasquez Armando $445,000
Closed Velasquez Armando $385,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2019 10/31/19 Sold $699,000 -0.1% $366 / Sq Ft
09/24/2019 09/24/19 Price Changed $699,999 +0.1% $367 / Sq Ft
07/19/2019 07/19/19 Pending -- -- --
07/16/2019 07/16/19 Off Market $699,000 -- --
07/03/2019 07/03/19 Price Changed $675,000 -3.6% $354 / Sq Ft
02/19/2019 02/19/19 Price Changed $699,999 -6.7% $367 / Sq Ft
10/26/2018 10/26/18 For Sale $750,000 -- $393 / 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 $9,832 $764,453 $546,820 $217,633
2024 $9,832 $749,465 $536,099 $213,366
2023 $9,669 $734,771 $525,588 $209,183
2022 $9,079 $720,365 $515,283 $205,082
2021 $8,900 $706,241 $505,180 $201,061
2020 $8,877 $699,320 $500,000 $199,320
2019 $6,487 $496,548 $340,048 $156,500
2018 $6,239 $486,819 $333,381 $153,438
2016 $5,737 $467,610 $320,437 $147,173
2015 $5,508 $460,587 $315,624 $144,963
2014 $5,475 $451,566 $309,442 $142,124
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18259619

California Regional Multiple Listing Service (CRMLS)

APN: 7261-032-018