NOT LISTED FOR SALE

Estimated Value: $561,000 - $638,000

3 Beds
3 Baths
1,664 Sq Ft
$357/Sq Ft Est. Value

Last Sold November 01, 2023

Last sale price $534,900 $321 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,808/month

107 Days on Market

Highlights

  • 0.38 Acre Lot
  • No HOA
  • Living Room
  • Mountain View
  • Two Homes on a Lot
  • Bungalow

About This Home

As of November 2023

GREAT Investment Opportunity, GREAT Location/proximity and GREAT big lot!!! 2 units all 1 bed 1 bath each plus Garage conversion 1 bed 1 bath. Buyer to do own investigation on permits. Owner has owned and managed property for 13 years but time to move on to their next investment. Buyers to cooperate with 1031 exchange at no cost to buyers. Opportunity to live in one and rent the others. Proximity is everything when discussing this property....not only walking distance to shopping centers, strip malls, METROLINK and other public transportation, this property is also SANDWICHED within the same block of three major schools-Richardson Prep Middle, Middle College High and SB Valley College. If that's not enough, you have a 16,575 sq foot lot! The possibilities for expansion are phenomenal-recommend looking at the aerial shot of this property. Property Sold AS-IS- no repairs will be done to property.

Last Agent to Sell the Property

Erick Valencia

CIVAR Realty Advisors License #01790436 Listed on: 06/06/2023

Last Buyer's Agent

CHRISTINA PONCE

COLDWELL BANKER LEADERS License #02153158

COLDWELL BANKER LEADERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,819

Year Built

  • Built in 1949

Lot Details

  • 0.38 Acre Lot
  • 1 Common Wall
  • Fenced
  • Fence is in average condition
  • Density is up to 1 Unit/Acre

Parking

  • 6 Open Parking Spaces
  • 6 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Bungalow
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 3 Bedrooms
  • 1,664 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Mountain Views

Flooring

  • Carpet
  • Laminate

Utilities

  • Wall Furnace
  • No Utilities
  • Standard Electricity

Additional Features

  • Exterior Lighting
  • Two Homes on a Lot

Listing and Financial Details

  • Legal Lot and Block 14 / 2
  • Tax Tract Number 124002
  • Assessor Parcel Number 0141042290000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $934
  • Trash Expense $450
  • Water Sewer Expense $1,400
  • New Taxes Expense $4,667
  • Operating Expense $7,451
  • Gross Income $21,600
  • Net Operating Income $14,159

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,819

Year Built

Built in 1949

Lot Details

0

Parking

6

Listing Details

  • Assessments: No
  • Other Phone Description: 3234931364
  • Other Phone Number: 3234931364
  • Price Per Unit: 178300
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 1400.00
  • Architectural Style: Bungalow
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0141042290000
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Entry Location: front
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Appliances: No
  • Entry Level: 2
  • Levels: One
  • Price Per Square Foot: 321.45
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • Foundation: Raised
  • Other Structures: Two On A Lot
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: None
  • Heating: Yes
  • Laundry: No
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 450.00
  • Water Source: Public

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 10000-19999 Sqft
  • Lot Size Sq Ft: 16575.00
  • Lot Size Acres: 0.3805

Multi Family

  • Average1 Bed Area: 555 Square Feet
  • Gross Income: 21600.00
  • Gross Scheduled Income: 21600.00
  • Insurance Expense: 934.00
  • Lot Size Area: 16575.0000 Square Feet
  • Net Operating Income: 14159.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 3
  • Operating Expense: 7451.00
  • Rent Control: No
  • Total Actual Rent: 730.00
  • Total Expenses: 7451.00

Tax Info

  • New Taxes Expense: 4667.00
  • Tax Block: 2
  • Tax Census Tract: 124.00
  • Tax Lot: 14
  • Tax Tract Number: 124002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Oct 30, 2023
Sold by
Montano-Valencia Blanca
Bought by
Ahumada Cesar Antonio Delg and Casas-Garcia Veronica
Seller's Agent
Erick Valencia
CIVAR Realty Advisors
Buyer's Agent
CHRISTINA PONCE
COLDWELL BANKER LEADERS
List Price
$559,900
Sold Price
$534,900
Premium/Discount to List
-$25,000
-4.47%
Views
291
Current Estimated Value
$594,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,713
Avg. Annual Appreciation
6.09%
Original Mortgage
$427,920
Outstanding Balance
$420,765
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$173,848

Purchase Details

Closed on
Jul 14, 2009
Sold by
Bay Holdings Inc
Bought by
Montano Valencia Blanca

Purchase Details

Closed on
Dec 30, 2008
Sold by
Rezac Terri Lynn
Bought by
Bayholdings Inc

Purchase Details

Closed on
May 17, 2007
Sold by
Macario Management Llc
Bought by
Rezac Terri Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,900
Interest Rate
9.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2003
Sold by
The Win Project
Bought by
Sanchez Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,850
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2001
Sold by
Hud
Bought by
The Win Project

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,400
Interest Rate
7.24%

Purchase Details

Closed on
Apr 25, 2001
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,400
Interest Rate
7.24%

Purchase Details

Closed on
Apr 2, 2001
Sold by
Casas Manuel
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Feb 1, 1999
Sold by
New Republic Investment Corp
Bought by
Casas Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,823
Interest Rate
7.1%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 31, 1998
Sold by
Medical Centers Fcu
Bought by
New Republic Investments Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,823
Interest Rate
7.1%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 2, 1998
Sold by
Aguilera Imelda C
Bought by
Medical Centers Fcu

Purchase Details

Closed on
May 7, 1996
Sold by
Aguilera Imelda C
Bought by
Aguilera Imelda C
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
Ahumada Cesar Antonio Delg $535,000 Old Republic Title
Montano Valencia Blanca $99,000 Fidelity Van Nuys
Bayholdings Inc $116,100 Accommodation
Rezac Terri Lynn $270,000 Orange Coast Title
Macario Management Llc -- Orange Coast Title
Sanchez Carmen $105,000 Ticor Title Company
The Win Project $41,000 Orange Coast Title
Hud -- Lawyers Title Company
Chase Manhattan Mtg Corp $129,740 Lawyers Title Company
Casas Manuel $115,000 First American Title Ins Co
New Republic Investments Corp $40,000 First American Title Ins Co
Medical Centers Fcu $33,260 American Title Co
Aguilera Imelda C -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahumada Cesar Antonio Delg $427,920
Previous Owner Rezac Terri Lynn $215,900
Previous Owner Sanchez Carmen $30,500
Previous Owner Sanchez Carmen $101,850
Previous Owner The Win Project $46,400
Previous Owner Casas Manuel $114,823
Previous Owner New Republic Investment Corp $33,100
Previous Owner New Republic Investment Corp $16,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2023 11/01/23 Sold $534,900 0.0% $321 / Sq Ft
09/21/2023 09/21/23 Pending -- -- --
07/22/2023 07/22/23 Price Changed $534,900 -4.5% $321 / Sq Ft
06/13/2023 06/13/23 Price Changed $559,900 0.0% $336 / Sq Ft
06/13/2023 06/13/23 For Sale $559,900 +4.7% $336 / Sq Ft
06/07/2023 06/07/23 Off Market $534,900 -- --
06/06/2023 06/06/23 For Sale $449,900 -- $270 / 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 $6,819 $545,598 $163,200 $382,398
2024 $6,819 $534,900 $160,000 $374,900
2023 $1,693 $122,830 $26,055 $96,775
2022 $1,693 $120,421 $25,544 $94,877
2021 $1,693 $118,060 $25,043 $93,017
2020 $1,695 $116,849 $24,786 $92,063
2019 $1,647 $114,558 $24,300 $90,258
2018 $1,630 $112,312 $23,824 $88,488
2017 $1,580 $110,110 $23,357 $86,753
2016 $1,533 $107,951 $22,899 $85,052
2015 $1,410 $106,329 $22,555 $83,774
2014 $1,371 $104,246 $22,113 $82,133
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23100105

California Regional Multiple Listing Service (CRMLS)

APN: 0141-042-29