$708,000
SOLD MAY 5, 2017
5 Beds
3 Baths
3,080 Sq Ft
6,041 Sq Ft Lot

Recently Sold

$230 Per Sq Ft

2% Below List Price

1 Day on Market

Highlights

  • Fireplace in Primary Bedroom
  • Private Yard
  • Laundry Room
  • Property is near public transit
  • No HOA
  • Central Heating

About This Home

As of May 2017

Beautiful investment property, 2 Units, 10 bedroom, 6 baths total, large lot with garage and parking.

Last Agent to Sell the Property

Douglas Olsen

Olsen Realty License #01928821 Listed on: 03/22/2017

Last Buyer's Agent

Chris Lim

Bestway Realty License #01412845

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,548

Year Built

  • Built in 2011

Lot Details

  • 6,041 Sq Ft Lot
  • No Common Walls
  • Private Yard
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Shared Driveway

Interior Spaces

  • 3,080 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace

Kitchen

  • Gas Cooktop
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Central Heating
  • Water Heater

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 2282
  • Assessor Parcel Number 5115032020

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $750
  • Water Sewer Expense $2,200
  • New Taxes Expense $9,000
  • Gross Income $55,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,548

Year Built

Built in 2011

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 2200.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5115032020
  • Year Built: 2011
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Fireplace Features: Bath, Dining Room, Kitchen, Living Room, Master Bedroom, Electric, Gas
  • Price Per Square Foot: 229.87
  • Room Type: Family Room, Kitchen, Laundry

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Shared Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Water Heater
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Near Public Transit, Yard
  • Lot Size Sq Ft: 6041.00

Multi Family

  • Gross Income: 55000.00
  • Gross Scheduled Income: 55000.00
  • Insurance Expense: 750.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • New Taxes Expense: 9000.00
  • Tax Census Tract: 2282.20
  • Tax Lot: 12
  • Tax Tract Number: 2282.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2021
Sold by
Kim Hyun
Bought by
23Rd Stanford Llc
Current Estimated Value
$1,188,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2021
Sold by
23Rd Stanford Llc
Bought by
Kim Hyun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2018
Sold by
Kim Hyun
Bought by
23Rd Stanford Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2018
Sold by
Kim Eun Ryong
Bought by
Kim Hyun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2018
Sold by
Kang Scott
Bought by
Kim Hyun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 22, 2017
Closed on
Apr 20, 2017
Sold by
Courtney Damu Elimu
Bought by
Kang Scott and Yoon Hye Jin
Seller's Agent
Douglas Olsen
Olsen Realty
Buyer's Agent
Chris Lim
Bestway Realty
List Price
$720,000
Sold Price
$708,000
Premium/Discount to List
-$12,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$531,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2013
Sold by
Courtney Kara
Bought by
Courtney Damu Elimu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,034
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 2012
Sold by
Cyprus Brett M
Bought by
Courtney Damu Elimu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,034
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 5, 2012
Closed on
Jun 5, 2012
Sold by
Cyrus Jane D Ellen
Bought by
Cyrus Brett M
Seller's Agent
Vilma Flores
Calhomes Realty
Buyer's Agent
Edgard Pearce
First Family Homes
List Price
$494,900
Sold Price
$495,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%
Original Mortgage
$486,034
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 8, 2010
Sold by
Sotolara Mariela
Bought by
Cyprus Brett M

Purchase Details

Closed on
Aug 27, 2005
Sold by
Lara Ruben Soto and Lara Mariela Soto
Bought by
Lara Mariela Soto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
8.1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 26, 2005
Sold by
Hernandez Miguel
Bought by
Lara Mariela Soto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
8.1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 5, 1995
Sold by
Belart Marcelo G
Bought by
Lara Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,211
Interest Rate
7.58%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Accommodation
Grant Deed -- Provident Title Company
Interfamily Deed Transfer -- None Available
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $760,000 Ticor Title
Grant Deed $708,000 Title 365
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $495,004 Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Trustee Deed -- None Available
Interfamily Deed Transfer -- Security Union Title Company
Interfamily Deed Transfer -- Security Union Title Company
Grant Deed $140,000 Southland Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $508,000 New Conventional
Previous Owner $518,000 New Conventional
Previous Owner $531,000 New Conventional
Previous Owner $486,034 FHA
Previous Owner $486,034 FHA
Previous Owner $486,034 FHA
Previous Owner $292,586 Unknown
Previous Owner $190,000 Fannie Mae Freddie Mac
Previous Owner $190,000 Fannie Mae Freddie Mac
Previous Owner $138,211 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2017 05/05/17 Sold $708,000 -1.7% $230 / Sq Ft
03/23/2017 03/23/17 Pending -- -- --
03/22/2017 03/22/17 For Sale $720,000 +45.5% $234 / Sq Ft
07/31/2012 07/31/12 Sold $495,000 0.0% $150 / Sq Ft
05/30/2012 05/30/12 Pending -- -- --
03/05/2012 03/05/12 For Sale $494,900 -- $150 / 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
2024 $11,548 $923,250 $530,604 $392,646
2023 $11,328 $905,148 $520,200 $384,948
2022 $10,807 $887,400 $510,000 $377,400
2021 $9,830 $798,895 $325,865 $473,030
2020 $9,926 $790,704 $322,524 $468,180
2019 $9,539 $775,200 $316,200 $459,000
2018 $8,954 $722,160 $306,000 $416,160
2016 $6,376 $512,588 $217,461 $295,127
2015 $6,286 $504,889 $214,195 $290,694
2014 $6,316 $495,000 $210,000 $285,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17059285

California Regional Multiple Listing Service (CRMLS)

APN: 5115-032-020