NOT LISTED FOR SALE

Estimated Value: $606,938 - $838,000

4 Beds
3 Baths
1,639 Sq Ft
$435/Sq Ft Est. Value

Last Sold January 22, 2014

Last sale price $302,500 $185 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $4,272/month

167 Days on Market

About This Home

As of January 2014

BACK ON THE MARKET!!! - GREAT INVESTMENT OPPORTUNITY! GOOD INCOME PROPERTY FOR FIRST TIME OWNER USER / INVESTOR....THIS GARDEN / LOW-RISE 3 UNIT INCOME PROPERTY IS A (2+1), (1+1) AND (1+1). 3 FREE-STANDING HOUSES ON ONE LOT. STRONG RENTS ALREADY IN PLACE..GREAT CURB APPEAL, VERY CONVENIENT AREA. LOCATED IN HIGH-DEMAND RENTAL AREA. CLOSE TO SHOPS AND TRANSPORTATION. SELLER TO ENTERTAIN ALL OFFERS....

Last Agent to Sell the Property

Saul Galvan

Compass License #01893429 Listed on: 07/04/2013

Last Buyer's Agent

Jeffrey Drechsel

License #01933782

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,709

Year Built

  • Built in 1922

Lot Details

  • 5,400 Sq Ft Lot

Parking

  • Public Parking

Interior Spaces

  • 1,639 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 3 Buildings

Listing and Financial Details

  • Assessor Parcel Number 6031-036-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,709

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1639
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 201.65

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Public

Utilities

  • Cooling: Window Unit(s)
  • Heating: Natural Gas

Lot Info

  • Assessed Improvement Value: 83765
  • Assessed Land Value: 83008
  • Assessor Parcel Number: 6031-036-011
  • Geocode Override: No
  • Lot Size Area: 5400

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 8.90
  • Number Of Units: 1
  • Total Annual Expense: 15125
  • Type Of Units: INCOME
  • Vacancy Rate: 800.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2017
Sold by
Marini Joseph A and Traverso Marini Bettina
Bought by
Marini Joseph A and Traverso Marini Bettina
Current Estimated Value
$713,485

Purchase Details

Listed on
Jul 4, 2013
Closed on
Dec 17, 2013
Sold by
Green Carolyn A
Bought by
Marini Joseph A and Traverso Marini Bettina
Seller's Agent
Saul Galvan
Compass
Buyer's Agent
Jeffrey Drechsel
List Price
$330,000
Sold Price
$302,500
Premium/Discount to List
-$27,500
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$211,750
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2003
Sold by
Green Carolyn A and Henderson Carolyn A
Bought by
Green Carolyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2002
Sold by
Walton Robert and Walton Carolyn
Bought by
Walton Robert and Henderson Carolyn A

Purchase Details

Closed on
Feb 9, 2000
Sold by
Walton Robert and Walton Bernice
Bought by
Walton Robert and Walton Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.06%

Purchase Details

Closed on
Feb 5, 1999
Sold by
Walton Robert
Bought by
Walton Robert and Henderson Carolyn Ann
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Marini Joseph A -- None Available
Marini Joseph A $302,500 Fidelity Sherman Oaks
Green Carolyn A -- Chicago Title Co
Green Carolyn A -- Chicago Title Co
Walton Robert -- --
Walton Robert -- Stewart Title
Walton Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marini Joseph A $206,000
Closed Marini Joseph A $211,750
Previous Owner Green Carolyn A $173,000
Previous Owner Green Carolyn A $142,500
Previous Owner Walton Robert $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2014 01/22/14 Sold $302,500 -8.3% $185 / Sq Ft
12/18/2013 12/18/13 Pending -- -- --
07/04/2013 07/04/13 For Sale $330,000 -- $201 / Sq Ft
Source: The MLS

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 $4,709 $370,812 $220,649 $150,163
2024 $4,709 $363,542 $216,323 $147,219
2023 $4,623 $356,415 $212,082 $144,333
2022 $4,414 $349,427 $207,924 $141,503
2021 $4,355 $342,577 $203,848 $138,729
2020 $4,395 $339,285 $201,758 $137,527
2019 $4,230 $332,637 $197,802 $134,835
2018 $4,165 $326,120 $193,924 $132,196
2016 $3,973 $313,247 $186,395 $126,852
2015 $3,917 $308,543 $183,596 $124,947
2014 $2,344 $170,879 $85,052 $85,827
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-686253

The MLS

APN: 6031-036-011