NOT LISTED FOR SALE

Estimated Value: $473,000 - $803,000

3 Beds
2 Baths
1,896 Sq Ft
$345/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $403,000 $213 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,047/month

127 Days on Market

About This Home

As of May 2023

INVESTORS DELIGHT!!! GREAT POTENTIAL FOR DEVELOPMENT AS MANY INVESTORS HAVE DEVELOPED UP TO 4 UNITS IN THE AREA. SUBJECT PROPERTY MAY HAVE SIMILAR POTENTIAL! BACK UNIT WAS BURNT DOWN DUE TO FIRE DAMAGE. FRONT UNIT IS STILL EXISTING AND HAS 3 BEDROOMS AND 2 BATHROOMS. CHECK WITH THE CITY ON ZONING FOR DEVELOPMENT. THIS PROPERTY OFFERS HUGE POTENTIAL!!!!

Last Agent to Sell the Property

Kenneth Palma

Palma Investments License #01886266 Listed on: 09/15/2022

Co-Listed By

Jennifer Flores

Palma Investments License #01977056

Last Buyer's Agent

Kenneth Palma

Palma Investments License #01886266 Listed on: 09/15/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,238

Year Built

  • Built in 1932

Lot Details

  • 5,182 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 1,896 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 228710
  • Assessor Parcel Number 5107027010
  • $286 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,238

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Other Phone Description: 310-999-2035
  • Other Phone Number: 310-999-2035
  • Price Per Unit: 204944
  • Property Attached: No
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5107027010
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 212.55

Exterior Features

  • Pool Private: No

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: 5182.00
  • Lot Size Acres: 0.1190

Multi Family

  • Lot Size Area: 5182.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2287.10
  • Tax Lot: 13
  • Tax Tract Number: 228710
  • TaxOtherAnnualAssessmentAmount: 286.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
May 3, 2023
Sold by
Scott Robin
Bought by
Bmij Llc
Seller's Agent
Kenneth Palma
Palma Investments
Buyer's Agent
Kenneth Palma
Palma Investments
List Price
$425,000
Sold Price
$403,000
Premium/Discount to List
-$22,000
-5.18%
Views
202
Current Estimated Value
$653,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,617
Avg. Annual Appreciation
30.78%
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
Bmij Llc $403,000 California Best Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Sold $403,000 -1.7% $213 / Sq Ft
03/30/2023 03/30/23 Price Changed $409,888 -3.6% $216 / Sq Ft
02/09/2023 02/09/23 Price Changed $425,000 0.0% $224 / Sq Ft
02/09/2023 02/09/23 For Sale $425,000 -5.3% $224 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
12/09/2022 12/09/22 Price Changed $449,000 -10.0% $237 / Sq Ft
10/06/2022 10/06/22 Price Changed $499,000 -11.7% $263 / Sq Ft
09/15/2022 09/15/22 For Sale $565,000 -- $298 / 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 $5,238 $419,281 $312,120 $107,161
2024 $5,238 $411,060 $306,000 $105,060
2023 $604 $31,742 $14,103 $17,639
2022 $582 $31,121 $13,827 $17,294
2021 $563 $30,511 $13,556 $16,955
2020 $561 $30,199 $13,417 $16,782
2019 $548 $29,607 $13,154 $16,453
2018 $501 $29,028 $12,897 $16,131
2016 $454 $27,903 $12,398 $15,505
2015 $449 $27,485 $12,212 $15,273
2014 $464 $26,947 $11,973 $14,974
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS22202138

California Regional Multiple Listing Service (CRMLS)

APN: 5107-027-010