NOT LISTED FOR SALE

Estimated Value: $742,000 - $1,163,000

4 Beds
4 Baths
2,624 Sq Ft
$350/Sq Ft Est. Value

Last Sold April 10, 2013

Last sale price $299,000 $114 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $5,370/month

2 Days on Market

About This Home

As of April 2013

This is a 4 units complex, each unit is 1 bed / 1 bath, very good area, close by shopping, universities, fully occupied $750 each unit, can be rented up to $850 per unit.

Last Agent to Sell the Property

Nancy Cea

Mission Hills R.E & Inv. License #01216954 Listed on: 03/27/2013

Last Buyer's Agent

Monica Mavrovitis

Nationwide Real Estate Execs License #01724433

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,463

Year Built

  • Built in 1947

Lot Details

  • 4,792 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 6 Parking Spaces

Home Design

  • 2,624 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 141191042

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,600
  • Trash Expense $1,440
  • Water Sewer Expense $1,310
  • New Taxes Expense $3,687
  • Gross Income $3,000
  • Net Operating Income $32,450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,463

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1310.00
  • Property Type: Residential Income
  • Parcel Number: 141191042
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 113.95

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1440.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100

Multi Family

  • Gross Income: 3000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 1600.00
  • Lot Size Area: 0.1100 Acres
  • Net Operating Income: 32450.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 3550.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3687.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2013
Closed on
Apr 9, 2013
Sold by
Bacallao Judee Perez
Bought by
Bacallao Hector
Seller's Agent
Nancy Cea
Mission Hills R.E & Inv.
Buyer's Agent
Monica Mavrovitis
Nationwide Real Estate Execs
List Price
$295,000
Sold Price
$299,000
Premium/Discount to List
$4,000
1.36%
Current Estimated Value
$917,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$618,373
Avg. Annual Appreciation
9.25%
Original Mortgage
$224,200
Outstanding Balance
$159,341
Interest Rate
3.47%
Mortgage Type
Commercial
Estimated Equity
$732,283

Purchase Details

Listed on
Mar 27, 2013
Closed on
Mar 28, 2013
Sold by
Huerta Gabriel
Bought by
Bacallao Hector
Seller's Agent
Nancy Cea
Mission Hills R.E & Inv.
Buyer's Agent
Monica Mavrovitis
Nationwide Real Estate Execs
List Price
$295,000
Sold Price
$299,000
Premium/Discount to List
$4,000
1.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,200
Outstanding Balance
$159,341
Interest Rate
3.47%
Mortgage Type
Commercial
Estimated Equity
$732,283

Purchase Details

Closed on
May 24, 2011
Sold by
Federal National Mortgage Association
Bought by
Huerta Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
4.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 2011
Sold by
Larrondo Jorge and Larrondo Iris
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 1, 2010
Sold by
Larrondo Jorge and Larrondo Iris
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 14, 2010
Sold by
Larrondo Jorge and Larrondo Iris
Bought by
Larrondo Jorge and Larrondo Iris

Purchase Details

Closed on
Feb 24, 2000
Sold by
Hud
Bought by
Larrondo Jorge and Larrondo Iris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,700
Interest Rate
8.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 4, 1999
Sold by
Old Kent Mtg Company
Bought by
Hud

Purchase Details

Closed on
Feb 10, 1999
Sold by
Donoso Cristian and Donoso Adriana
Bought by
Old Kent Mtg Company

Purchase Details

Closed on
May 28, 1998
Sold by
Donoso Adriana and Donoso Cristina
Bought by
Mendoza David and Mendoza Lucinda

Purchase Details

Closed on
Jan 1, 1998
Sold by
Donoso Cristian and Donoso Adriana
Bought by
Mendoza David

Purchase Details

Closed on
Apr 24, 1997
Sold by
Ocwen Federal Bank Fsb
Bought by
Donoso Cristian and Donoso Adriana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,417
Interest Rate
7.94%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 23, 1996
Sold by
Great Western Bank Fsb
Bought by
Ocwen Federal Bank Fsb

Purchase Details

Closed on
Dec 17, 1996
Sold by
Dsilva Pascal I
Bought by
Great Western Bank

Purchase Details

Closed on
Sep 30, 1995
Sold by
Dsilva Pascal I
Bought by
Golden Omega Inc
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
Bacallao Hector -- None Available
Bacallao Hector $299,000 Lawyers Title Company
Huerta Gabriel $225,000 Lawyers Title Company
Federal National Mortgage Association $380,980 None Available
Federal National Mortgage Association $368,227 Accommodation
Larrondo Jorge -- None Available
Larrondo Jorge $122,000 Orange Coast Title
Hud -- American Title Co
Old Kent Mtg Company $97,076 American Title Co
Mendoza David -- --
Mendoza David -- --
Donoso Cristian $90,000 Fidelity Title
Ocwen Federal Bank Fsb -- Fidelity Title
Great Western Bank $74,152 Stewart Title
Golden Omega Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bacallao Hector $224,200
Previous Owner Huerta Gabriel $168,750
Previous Owner Larrondo Jorge $350,000
Previous Owner Larrondo Jorge $114,000
Previous Owner Larrondo Jorge $109,700
Previous Owner Mendoza Lucinda $6,000
Previous Owner Donoso Cristian $89,417
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2013 04/10/13 Sold $299,000 +1.4% $114 / Sq Ft
02/13/2013 02/13/13 Pending -- -- --
02/11/2013 02/11/13 For Sale $295,000 +7.3% $112 / Sq Ft
11/25/2012 11/25/12 Sold $275,000 0.0% $58 / Sq Ft
07/25/2012 07/25/12 Pending -- -- --
07/25/2012 07/25/12 For Sale $275,000 -- $58 / 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 $4,463 $368,182 $80,034 $288,148
2023 $4,463 $353,887 $76,927 $276,960
2022 $4,132 $346,949 $75,419 $271,530
2021 $4,068 $340,147 $73,941 $266,206
2020 $4,003 $336,660 $73,183 $263,477
2019 $3,952 $330,060 $71,749 $258,311
2018 $3,897 $323,590 $70,343 $253,247
2017 $3,826 $317,246 $68,964 $248,282
2016 $3,763 $311,026 $67,612 $243,414
2015 $3,709 $306,356 $66,598 $239,758
2014 $3,697 $300,357 $65,295 $235,062
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13020793

California Regional Multiple Listing Service (CRMLS)

APN: 141-191-042