NOT LISTED FOR SALE

Estimated Value: $467,000 - $496,000

2 Beds
4 Baths
1,128 Sq Ft
$432/Sq Ft Est. Value

Sale Details

Date Sold: September 11, 2019

Last sale price $200,000 $177 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $3,052 / mo

40 Days on Market

Highlights

  • Property is near public transit
  • Cooling System Mounted To A Wall/Window
  • Rectangular Lot
  • Private Yard
  • Tile Flooring
  • Wood Fence

About This Home

As of September 2019

HIGHEST GROSS SCHEDULED INCOME UNDER $250,000 IN OILDALE! This FOUR–PLEX, consisting of (2) one bedrooms and (2) studios, is ready for a first time or seasoned investor. Current owner has completed several unit renovations including, but not limited to, adding stove vents, new bathroom vanities, new showers, new tile in bathroom, new paint, new kitchen counters, blinds on all units, newer window air conditioning units, a newer water heater on the back two units, and a new wooden fence on perimeter of one side of the property. Courtyard between all four units allows tenants to enjoy an outdoor space for family gatherings! PLEASE DO NOT DISTURB TENANTS!

Last Agent to Sell the Property

Cindy Hoffmann

Pinnacle Estate Properties License #01460952 Listed on: 05/23/2019

Pinnacle Estate Properties

Last Buyer's Agent

Joshua Salazar

Mission Real Estate License #01901918

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 5,705 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Rectangular Lot
  • Private Yard

Home Design

  • Property Attached
  • Slab Foundation

Interior Spaces

  • 1,128 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Parking Available
  • Paved Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 14 / 4
  • Tax Tract Number 3
  • Assessor Parcel Number 1140321800

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,482
  • Pest Control $600
  • Water Sewer Expense $1,128
  • New Taxes Expense $3,747
  • Operating Expense $6,957
  • Gross Income $28,500
  • Net Operating Income $21,543

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

5,705 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 1128.00
  • Zoning: C2
  • Property Type: Residential Income
  • Parcel Number: 1140321800
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 177.30
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Paved
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: No
  • Appliances: Gas Oven, Gas Cooktop, Gas Water Heater, Range Hood
  • Pest Control Expense: 600.00
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Near Public Transit, Yard
  • Lot Size Sq Ft: 5705.00
  • Lot Size Acres: 0.1310

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 28500.00
  • Gross Scheduled Income: 28500.00
  • Insurance Expense: 1482.00
  • Lot Size Area: 5705.0000 Square Feet
  • Net Operating Income: 21543.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 6957.00
  • Rent Control: No
  • Total Expenses: 6957.00

Tax Info

  • New Taxes Expense: 3747.00
  • Tax Block: 4
  • Tax Lot: 14
  • Tax Tract Number: 3.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 4, 2019
Sold by
Bought by
Current Estimated Value
$487,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,468
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 21, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 18, 2016
Closed on
Sep 29, 2016
Sold by
Bought by
Seller's Agent
Steve Rangel
MRM & Associates, REALTORS
Buyer's Agent
Maria McGloin
MRM & Associates, REALTORS
List Price
$165,000
Sold Price
$156,800
Premium/Discount to List
-$8,200
-4.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.36%
Original Mortgage
$108,750
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2014
Closed on
Feb 13, 2014
Sold by
Bought by
Seller's Agent
Pete Peralta
Miramar Realty
Buyer's Agent
Daniel Marlowe
Unknown Broker
List Price
$100,000
Sold Price
$85,000
Premium/Discount to List
-$15,000
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.05%

Purchase Details

Listed on
Jan 17, 2014
Closed on
Feb 11, 2014
Sold by
Bought by
Seller's Agent
Pete Peralta
Miramar Realty
Buyer's Agent
Daniel Marlowe
Unknown Broker
List Price
$100,000
Sold Price
$85,000
Premium/Discount to List
-$15,000
-15%

Purchase Details

Closed on
Aug 14, 2012
Sold by
Bought by

Purchase Details

Closed on
Jul 24, 2012
Sold by
Bought by

Purchase Details

Closed on
Feb 9, 2012
Sold by
Bought by

Purchase Details

Closed on
Feb 20, 2009
Sold by
Bought by

Purchase Details

Closed on
Feb 12, 2007
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$200,000 Priority Title
-- Priority Title
-- Priority Title
$156,500 Pacific Coast Title Company
$140,000 Chicago Title Company
-- Fidelity National Title Co
$85,000 None Available
$92,000 Lawyers Title
$78,500 Lawyers Title Company
$34,002 Lawyers Title Company
-- None Available
$100,000 Ticor Title Company Of Ca
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $191,468
Previous Owner $140,000
Previous Owner $108,750
Previous Owner $105,000
Previous Owner $235,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2019 09/11/19 Sold $200,000 -19.7% $177 / Sq Ft
07/02/2019 07/02/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $249,000 +58.8% $221 / Sq Ft
11/04/2016 11/04/16 Sold $156,800 -5.0% $139 / Sq Ft View Prior Sale
10/27/2016 10/27/16 Pending -- -- --
09/18/2016 09/18/16 For Sale $165,000 +17.4% $146 / Sq Ft
06/29/2015 06/29/15 Sold $140,500 -3.0% $125 / Sq Ft View Prior Sale
05/30/2015 05/30/15 Pending -- -- --
01/04/2015 01/04/15 For Sale $144,900 +70.5% $128 / Sq Ft
02/14/2014 02/14/14 Sold $85,000 -15.0% $160 / Sq Ft View Prior Sale
01/17/2014 01/17/14 For Sale $100,000 -- $189 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,577 $218,726 $54,681 $164,045
2024 $5,577 $214,438 $53,609 $160,829
2023 $5,357 $210,234 $52,558 $157,676
2022 $4,986 $206,113 $51,528 $154,585
2021 $4,665 $202,072 $50,518 $151,554
2020 $4,417 $200,000 $50,000 $150,000
2019 $3,945 $165,547 $37,142 $128,405
2018 $3,789 $159,120 $35,700 $123,420
2017 $3,747 $156,000 $35,000 $121,000
2016 $3,400 $142,134 $30,457 $111,677
2015 $2,757 $86,697 $25,499 $61,198
2014 -- $92,416 $20,090 $72,326
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19121363

California Regional Multiple Listing Service (CRMLS)

APN: 114-032-18-00-6

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