$401,000
SOLD OCT 18, 2016
5 Beds
3 Baths
2,497 Sq Ft
6,364 Sq Ft Lot

Recently Sold

$161 Per Sq Ft

6% Above List Price

100 Days on Market

Highlights

  • Laundry Room
  • Wall Furnace
  • Front Yard

About This Home

As of May 2022

Nice 3 bedroom home in front with 2 one bedrooms in back.

Last Agent to Sell the Property

Janice Neiman

Neiman Realty License #00680498 Listed on: 05/15/2016

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,836

Year Built

  • Built in 1924

Lot Details

  • 6,364 Sq Ft Lot
  • Two or More Common Walls
  • No Landscaping
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • 2,497 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 87
  • Assessor Parcel Number 5002021031

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $100
  • Insurance Expense $2,000
  • Trash Expense $500
  • Water Sewer Expense $1,200
  • New Taxes Expense $3,900
  • Gross Income $3,173
  • Net Operating Income $28,557

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,836

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 5002021031
  • Year Built: 1924
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 160.59

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Trash Expense: 500.00

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, No Landscaping
  • Lot Size Sq Ft: 6364.00
  • Price Per Lot Square Foot: 59.87

Multi Family

  • Electric Expense: 100.00
  • Gross Income: 3173.00
  • Gross Scheduled Income: 38076.00
  • Insurance Expense: 2000.00
  • Net Operating Income: 28557.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 9519.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 3900.00
  • Tax Lot: 87
  • Tax Tract Number: Wester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2025
Sold by
Shamoun Balakhaneh
Bought by
Balakhaneh And Manzoorolhagh Family Trust and Balakhaneh
Current Estimated Value
$824,588

Purchase Details

Listed on
Feb 9, 2022
Closed on
Apr 20, 2022
Sold by
Manzoorolhagh Pooran
Bought by
Balakhaneh Shamoun
Seller's Agent
Shawn Raoufpour
Gold Realty
Buyer's Agent
Shawn Raoufpour
Gold Realty
List Price
$749,000
Sold Price
$750,000
Premium/Discount to List
$1,000
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%
Original Mortgage
$525,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2016
Closed on
Sep 21, 2016
Sold by
Hirad Sara
Bought by
Parhizi Hirad Sara and Parhizi Hirad Mahshid
Seller's Agent
Janice Neiman
Neiman Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$380,000
Sold Price
$401,000
Premium/Discount to List
$21,000
5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.90%
Original Mortgage
$280,700
Interest Rate
8.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 15, 2016
Closed on
Sep 8, 2016
Sold by
Avery Wesley H and Estate Of Cheryln Joanne Patte
Bought by
Hirad Sara
Seller's Agent
Janice Neiman
Neiman Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$380,000
Sold Price
$401,000
Premium/Discount to List
$21,000
5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,700
Interest Rate
8.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 7, 2005
Sold by
Patterson Cherlyn J
Bought by
Patterson Cherlyn J and Evans Theresa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,500
Interest Rate
6.31%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 5, 2005
Sold by
Evans Theresa E
Bought by
Patterson Cherlyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,500
Interest Rate
6.31%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 9, 1994
Sold by
Evans Theresa E
Bought by
Evans Theresa E and Patterson Cherlyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
8.73%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- --
Deed -- Pacific Coast Title
Interfamily Deed Transfer -- Chicago Title
Grant Deed $401,000 Chicago Title Co
Interfamily Deed Transfer -- Gateway Title Company
Grant Deed -- Gateway Title Company
Grant Deed -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $525,000 New Conventional
Previous Owner $280,700 Adjustable Rate Mortgage/ARM
Previous Owner $331,500 Balloon
Previous Owner $190,000 Unknown
Previous Owner $129,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $750,000 +0.1% $300 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $749,000 +86.8% $300 / Sq Ft
10/18/2016 10/18/16 Sold $401,000 +5.5% $161 / Sq Ft
08/23/2016 08/23/16 Pending -- -- --
05/15/2016 05/15/16 For Sale $380,000 -- $152 / 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 $9,836 $795,905 $636,724 $159,181
2024 $9,836 $780,300 $624,240 $156,060
2023 $9,653 $765,000 $612,000 $153,000
2022 $5,587 $438,549 $311,688 $126,861
2021 $5,507 $429,951 $305,577 $124,374
2020 $5,558 $425,543 $302,444 $123,099
2019 $5,350 $417,200 $296,514 $120,686
2018 $5,240 $409,020 $290,700 $118,320
2016 $858 $45,930 $23,175 $22,755
2015 $850 $45,241 $22,827 $22,414
2014 $877 $44,355 $22,380 $21,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16105367

California Regional Multiple Listing Service (CRMLS)

APN: 5002-021-031