NOT LISTED FOR SALE

Estimated Value: $872,000 - $1,134,000

9 Beds
5 Baths
3,807 Sq Ft
$263/Sq Ft Est. Value

Last Sold October 03, 2016

Last sale price $595,000 $156 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $6,739/month

120 Days on Market

Highlights

  • Dual Staircase
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • No HOA

About This Home

As of October 2016

Subject to cancellation of current escrow. Buyer failed to perform. ONE UNIT HAS BEEN EMPTIED. Incredible opportunity to own a bread and butter investment opportunity. Tons of upgrades have been made to this property...All units have tankless water heaters, the whole electrical systems were upgraded 10 years ago, all copper plumbing was done 15 years ago, the rear unit's roof was completely changed from a flat roof to slanted and it was done 5 years ago.

Last Agent to Sell the Property

ROBERT HERNANDEZ

JohnHart Corp. License #01451802 Listed on: 04/30/2016

JohnHart Corp.

Last Buyer's Agent

NON-MEMBER NON-MEMBER

NON-MEMBER License #9999999

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,338

Year Built

  • Built in 1906

Lot Details

  • 7,496 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

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

Home Design

  • Property Attached

Interior Spaces

  • 3,807 Sq Ft Home
  • 2-Story Property
  • Dual Staircase

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • 220 Volts

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 35
  • Tax Tract Number 2260
  • Assessor Parcel Number 5131009038

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Trash Expense $2,160
  • Water Sewer Expense $2,400
  • New Taxes Expense $2,042
  • Operating Expense $8,602
  • Gross Income $4,225
  • Net Operating Income $42,098

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,338

Year Built

Built in 1906

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Parcel Number: 5131009038
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 2 Staircases
  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 156.29

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Electric: 220 Volts
  • Laundry Features: Gas Dryer Hookup
  • Trash Expense: 2160.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7496.00
  • Price Per Lot Square Foot: 81.24
  • Lot Size Acres: 0.1720
  • Latitude Manual: 34.02406200

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 4225.00
  • Gross Scheduled Income: 50700.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 7496.0000 Square Feet
  • Net Operating Income: 42098.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 4
  • Operating Expense: 8602.00
  • Rent Control: Yes
  • Total Actual Rent: 2500.00
  • Total Expenses: 8602.00

Tax Info

  • New Taxes Expense: 2042.00
  • Tax Lot: 35
  • Tax Tract Number: 2260

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2022
Sold by
Enp Trust
Bought by
E115521 Llc
Total Days on Market
120
Current Estimated Value
$1,002,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$698,750
Outstanding Balance
$680,440
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$339,951

Purchase Details

Listed on
Apr 30, 2016
Closed on
Aug 22, 2016
Sold by
Gonzalez Rafael and Gonzalez Luz Delia
Bought by
Pirian Eldad
Seller's Agent
ROBERT HERNANDEZ
JohnHart Corp.
Buyer's Agent
NON-MEMBER NON-MEMBER
NON-MEMBER
List Price
$699,000
Sold Price
$595,000
Premium/Discount to List
-$104,000
-14.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%
Original Mortgage
$412,500
Interest Rate
3.43%
Mortgage Type
New Conventional
Source: Public Records

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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
E115521 Llc -- --
Enp Trust -- --
Pirian Eldad $590,000 Fatcola
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open E115521 Llc $698,750
Previous Owner Pirian Eldad $412,500
Previous Owner Gonzalez Luz Delia $50,000
Previous Owner Gonzalez Rafael $192,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2016 10/03/16 Sold $595,000 -2.3% $156 / Sq Ft
08/11/2016 08/11/16 Pending -- -- --
07/15/2016 07/15/16 Price Changed $609,000 -12.9% $160 / Sq Ft
04/13/2016 04/13/16 For Sale $699,000 -- $184 / 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
2024 $13,338 $1,060,800 $714,000 $346,800
2023 $8,506 $658,153 $356,965 $301,188
2022 $8,124 $645,249 $349,966 $295,283
2021 $8,009 $632,598 $343,104 $289,494
2019 $7,778 $613,836 $332,928 $280,908
2018 $7,660 $601,800 $326,400 $275,400
2016 $2,067 $139,732 $54,047 $85,685
2015 $2,042 $137,634 $53,236 $84,398
2014 $2,077 $134,939 $52,194 $82,745
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16076575

California Regional Multiple Listing Service (CRMLS)

APN: 5131-009-038