NOT LISTED FOR SALE

Estimated Value: $1,101,000 - $1,194,000

6 Beds
3 Baths
2,592 Sq Ft
$444/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $1,112,000 $429 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,128/month

59 Days on Market

Highlights

  • 0.37 Acre Lot
  • Fireplace in Kitchen
  • Lawn
  • California High School Rated A-
  • Property is near a park
  • Laundry Room

About This Home

As of June 2024

--> DO NOT DISTURB TENANTS. DRIVE BY ONLY. NO WALKING THE PROPERTY.<--

Welcome to this wonderful investment opportunity that awaits your discerning eye! This property features 3 units with 2-bedroom/1-bathroom on a 15,898 sq ft lot.

Each of these units is thoughtfully designed to cater to modern living, featuring not only spacious interiors but also the coveted convenience of garages and ample parking spaces. In addition, the inclusion of in-unit laundry facilities adds a practical touch.

What sets this investment apart is its rich history, with the same dedicated owner overseeing its care and maintenance since the year 1987. This enduring commitment to the property has imbued it with stability and character, making it an even more attractive prospect for investors seeking a reliable asset.

Nestled within a prime location, this property enjoys proximity to various amenities that enhance its appeal. Retail shopping is right around the corner, with popular shopping destinations like Target and Walmart just to name a few. For those seeking outdoor recreation and tranquility, the nearby Amelia Mayberry Park provides a serene escape from the hustle and bustle of life.

In summary, this investment property is a true gem in the world of real estate. Its strategic location, and spacious lot make it a compelling choice for savvy investors looking to secure a promising asset. Don't let this opportunity pass you by!

Last Agent to Sell the Property

Ryan Tworek

Ryan Tworek, Broker Brokerage Phone: 949-278-4822 License #01418601 Listed on: 01/19/2024

Last Buyer's Agent

Lori DeSantis

T.N.G. Real Estate Consultants License #01836828

T.N.G. Real Estate Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,314

Year Built

  • Built in 1956

Lot Details

  • 0.37 Acre Lot
  • Lawn
  • Back and Front Yard
  • Property is zoned LCA1*

Parking

  • 3 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,592 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Kitchen

  • Formica Countertops
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Accessible Home Design

  • Halls are 36 inches wide or more
  • Accessible Parking

Outdoor Features

  • Fireplace in Patio

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Gravity Heating System
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 91
  • Tax Tract Number 9891
  • Assessor Parcel Number 8026011009
  • $1,206 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,314

Year Built

Built in 1956

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Zoning: LCA1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 8026011009
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Interior Amenities: Formica Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Accessibility Features: 36 Inch Or More Wide Halls, Parking
  • Entry Level: 1
  • Fireplace Features: Kitchen, Living Room, Patio
  • Levels: One
  • Price Per Square Foot: 429.01
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Gravity
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Lot 10000-19999 Sqft, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 15898.00
  • Lot Size Acres: 0.3650
  • Latitude Manual: 33.92499700

Multi Family

  • Electric Expense: 191.00
  • Gross Income: 45585.00
  • Gross Scheduled Income: 45585.00
  • Insurance Expense: 5026.00
  • Lot Size Area: 15898.0000 Square Feet
  • Net Operating Income: 38235.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 7350.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5030.00
  • Tax Lot: 91
  • Tax Tract Number: 9891
  • TaxOtherAnnualAssessmentAmount: 1206.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
Jun 14, 2024
Sold by
Stelzer Family Trust and Stelzer Terry
Bought by
Sanchez Ruben O and Ortiz Maria Natividad
Seller's Agent
Ryan Tworek
Ryan Tworek, Broker
Buyer's Agent
Lori DeSantis
T.N.G. Real Estate Consultants
List Price
$1,112,000
Sold Price
$1,112,000
Views
29
Current Estimated Value
$1,149,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,897
Avg. Annual Appreciation
2.51%
Original Mortgage
$325,000
Outstanding Balance
$320,908
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$828,989

Purchase Details

Closed on
Nov 23, 2011
Sold by
The Margaret A Gilman Trust
Bought by
Wellman Alice and Wellman William E

Purchase Details

Closed on
Mar 26, 2008
Sold by
Stelzer Gerald A and Stelzer Helen
Bought by
Stelzer Gerald A and Stelzer Helen
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
Sanchez Ruben O $1,112,000 Lawyers Title
Wellman Alice -- None Available
Stelzer Gerald A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Ruben O $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2024 06/21/24 Sold $1,112,000 0.0% $429 / Sq Ft
04/26/2024 04/26/24 For Sale $1,112,000 0.0% $429 / Sq Ft
03/19/2024 03/19/24 For Sale $1,112,000 0.0% $429 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
02/18/2024 02/18/24 Pending -- -- --
02/13/2024 02/13/24 For Sale $1,112,000 0.0% $429 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
01/19/2024 01/19/24 For Sale $1,112,000 -- $429 / 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 $13,314 $1,134,240 $734,400 $399,840
2024 $13,314 $1,040,400 $469,200 $571,200
2023 $5,026 $339,623 $151,981 $187,642
2022 $5,050 $332,964 $149,001 $183,963
2021 $4,945 $326,436 $146,080 $180,356
2020 $4,898 $323,090 $144,583 $178,507
2019 $4,865 $316,756 $141,749 $175,007
2018 $4,548 $310,546 $138,970 $171,576
2016 $4,317 $298,489 $133,575 $164,914
2015 $4,217 $294,006 $131,569 $162,437
2014 $4,194 $288,248 $128,992 $159,256
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24011697

California Regional Multiple Listing Service (CRMLS)

APN: 8026-011-009