NOT LISTED FOR SALE

Estimated Value: $1,312,000 - $1,617,753

9 Beds
4 Baths
4,102 Sq Ft
$370/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $1,550,000 $378 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $8,521/month

13 Days on Market

Highlights

  • 0.48 Acre Lot
  • No HOA
  • Laundry Room
  • Arroyo High School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Shed

About This Home

As of July 2024

FIRST TIME ON MARKET IN GENERATIONS - Situated on a large lot in a desirable rental area this 4 unit property features a main house built in circa 1935 and 3 identical separate units built in the late 50's. The main house offers lots of charm with 3 bedrooms and 1 bathrooms with approx. 1,606 Sq Ft of living space, two car garage and own driveway. The three rear units come with a separate driveway, three carports with identical floorplans of 832 Sq Ft comprised of 2 bedrooms, 1 bathrooms with washer hook-ups and some dryer hook ups. Each unit has a fenced yard. All units are separately metered.

Last Agent to Sell the Property

Brian Demott

KELLER WILLIAMS REALTY COLLEGE PARK Brokerage Phone: 909-455-3601 License #01758566 Listed on: 06/08/2024

KELLER WILLIAMS REALTY COLLEGE PARK

Last Buyer's Agent

Cora Chu

IRN REALTY License #01962391

IRN REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,975

Year Built

  • Built in 1935

Lot Details

  • 0.48 Acre Lot
  • No Common Walls
  • Wood Fence

Parking

  • 2 Car Garage
  • 3 Carport Spaces

Home Design

  • Quadruplex
  • Turnkey
  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,102 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Natural Gas Connected
  • Well
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 4 / C
  • Tax Tract Number 112
  • Assessor Parcel Number 8548007040
  • $1,398 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $3,900
  • Insurance Expense $2,560
  • Maintenance Expense $1,750
  • Trash Expense $1,680
  • Water Sewer Expense $2,420
  • New Taxes Expense $13,000
  • Operating Expense $24,500
  • Net Operating Income $25,792

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,975

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 325000
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 2420.00
  • Zoning: EMR1B*
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 3900.00
  • Parcel Number: 8548007040
  • Year Built: 1935
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 377.86

Exterior Features

  • Foundation: Raised, Slab
  • Other Structures: Shed(s)
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Electric: Standard
  • Heating Type: Central, Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 1680.00
  • Water Source: Well
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 20718.00
  • Lot Size Acres: 0.4756
  • Latitude Manual: 34.07911200

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 50292.00
  • Insurance Expense: 2560.00
  • Lot Size Area: 20718.0000 Square Feet
  • Maintenance Expense: 1750.00
  • Net Operating Income: 25792.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Number Wall A C: 2
  • Number With Range: 3
  • Operating Expense: 24500.00
  • Rent Control: No
  • Total Actual Rent: 50292.00
  • Total Expenses: 24500.00

Tax Info

  • New Taxes Expense: 13000.00
  • Tax Block: C
  • Tax Census Tract: 4326.01
  • Tax Lot: 4
  • Tax Tract Number: 112
  • TaxOtherAnnualAssessmentAmount: 1398.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2024
Closed on
Jul 12, 2024
Sold by
Simpson Revocable Living Trust and James Simpson C
Bought by
Sam And Yina Huang Family Trust and Huang
Seller's Agent
Brian Demott
KELLER WILLIAMS REALTY COLLEGE PARK
Buyer's Agent
Cora Chu
IRN REALTY
List Price
$1,300,000
Sold Price
$1,550,000
Premium/Discount to List
$250,000
19.23%
Views
11
Current Estimated Value
$1,518,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,562
Avg. Annual Appreciation
-0.73%

Purchase Details

Closed on
May 12, 2004
Sold by
Simpson Cecil James and Simpson Karen E
Bought by
Simpson C James and Simpson Karen E

Purchase Details

Closed on
Sep 9, 2003
Sold by
Simpson Cecil James
Bought by
Simpson Cecil James and Simpson Karen E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sam And Yina Huang Family Trust $1,550,000 Wfg National Title
Simpson C James -- --
Simpson Cecil James -- --
Simpson Cecil James -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $1,550,000 0.0% $378 / Sq Ft
06/21/2024 06/21/24 Pending -- -- --
06/12/2024 06/12/24 Off Market $1,550,000 -- --
06/08/2024 06/08/24 For Sale $1,300,000 -- $317 / 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 $2,975 $1,550,000 $698,000 $852,000
2024 $2,975 $119,875 $35,057 $84,818
2023 $2,929 $117,525 $34,370 $83,155
2022 $2,853 $115,222 $33,697 $81,525
2021 $2,836 $112,964 $33,037 $79,927
2020 $2,827 $111,807 $32,699 $79,108
2019 $2,859 $109,615 $32,058 $77,557
2018 $2,632 $107,467 $31,430 $76,037
2016 $2,496 $103,296 $30,210 $73,086
2015 $2,467 $101,746 $29,757 $71,989
2014 $2,430 $99,754 $29,175 $70,579
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24113145

California Regional Multiple Listing Service (CRMLS)

APN: 8548-007-040