NOT LISTED FOR SALE

Estimated Value: $717,869 - $986,000

2 Beds
1 Bath
2,300 Sq Ft
$388/Sq Ft Est. Value

Last Sold April 02, 2018

Last sale price $549,000 $239 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,475/month

41 Days on Market

About This Home

As of April 2018

Back on market--Buyer could not perform---! Looking for Serious Investors interested in a great rental property. This lovely Triplex is a Standard Sale with great rental income-- NO RENT CONTROL FOR THIS PROPERTY---Two of the units have lease agreements until February 2019.--The back unit is on a month-to-month basis. Located minutes from the MTA Blueline and the 101 Freeway. This property is an efficient and easy rental to maintain; Front home is a stand alone 2 bedroom 1 bathroom home. The second structure is a Duplex that each offer 2 bedrooms and 1 bathroom. Property is in good condition and is being sold As-Is. Buyer/Agent to verify all data of listing.

Last Agent to Sell the Property

Ed Ortiz

Uptown R.E. & Investments License #00335495 Listed on: 01/19/2018

Last Buyer's Agent

Noe Blanco

RE/MAX Alliance Group License #01787137

RE/MAX Alliance Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,045

Year Built

  • Built in 1963

Lot Details

  • 5,511 Sq Ft Lot
  • 1 Common Wall

Parking

  • 3 Car Garage

Home Design

  • 2,300 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room

Location

  • Property is near a park
  • Urban Location

Listing and Financial Details

  • Tax Lot 57
  • Tax Tract Number 6314
  • Assessor Parcel Number 6028002020

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $20
  • Trash Expense $40
  • Water Sewer Expense $20
  • Operating Expense $80
  • Gross Income $3,400
  • Net Operating Income $3,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,045

Year Built

Built in 1963

Lot Details

0

Parking

3

Listing Details

  • Other Phone Description: 562-652-9921
  • Property Attached: Yes
  • Water Sewer Expenses: 20.00
  • Zoning: LCR3YY
  • Property Type: Residential Income
  • Parcel Number: 6028002020
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 238.70

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 40.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 5511.00

Multi Family

  • Average2 Bed Area: 800 Square Feet
  • Gross Income: 3400.00
  • Gross Scheduled Income: 3400.00
  • Insurance Expense: 20.00
  • Net Operating Income: 3320.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 80.00
  • Rent Control: No
  • Total Actual Rent: 3400.00
  • Total Expenses: 80.00

Tax Info

  • Tax Census Tract: 5351.01
  • Tax Lot: 57
  • Tax Tract Number: 6314

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2021
Sold by
Mercado Pedro Salvador
Bought by
Mercado Family Revocable Trust and Mercado
Current Estimated Value
$892,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2021
Sold by
Mercado Family Revocable Trust and Mercado Pedro Salvador
Bought by
Mercado Pedro Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2020
Sold by
Mercado Pedro Salvador
Bought by
Mercado Family Revocable Trust and Mercado

Purchase Details

Listed on
Jan 19, 2018
Closed on
Mar 2, 2018
Sold by
Mascorro Ruben
Bought by
Mercado Pedro Salvador
Seller's Agent
Ed Ortiz
Uptown R.E. & Investments
Buyer's Agent
Noe Blanco
RE/MAX Alliance Group
List Price
$525,000
Sold Price
$549,000
Premium/Discount to List
$24,000
4.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%
Original Mortgage
$304,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2010
Sold by
Ramos Jesus Q and Ramos Ofelia
Bought by
Mascorro Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,803
Interest Rate
4.84%
Mortgage Type
FHA
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
Mercado Family Revocable Trust -- Stewart Title Of California In
Mercado Pedro Salvador -- Stewart Title Of California In
Mercado Family Revocable Trust -- None Listed On Document
Mercado Pedro Salvador $547,500 Chicago Title Company
Mascorro Ruben $205,000 Calcounties Title Nation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mercado Pedro Salvador $374,000
Previous Owner Mercado Pedro Salvador $304,000
Previous Owner Mascorro Ruben $199,803
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2018 04/02/18 Sold $549,000 0.0% $239 / Sq Ft
03/01/2018 03/01/18 Pending -- -- --
02/28/2018 02/28/18 Off Market $549,000 -- --
02/14/2018 02/14/18 Price Changed $549,000 +4.6% $239 / Sq Ft
01/19/2018 01/19/18 For Sale $525,000 -- $228 / 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 $9,045 $622,955 $318,589 $304,366
2024 $9,045 $610,742 $312,343 $298,399
2023 $8,646 $598,768 $306,219 $292,549
2022 $8,266 $587,028 $300,215 $286,813
2021 $8,172 $575,519 $294,329 $281,190
2020 $8,230 $569,619 $291,312 $278,307
2019 $7,934 $558,450 $285,600 $272,850
2018 $5,100 $317,070 $142,995 $174,075
2016 $4,887 $304,760 $137,444 $167,316
2015 $4,819 $300,183 $135,380 $164,803
2014 $4,827 $294,304 $132,729 $161,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18013887

California Regional Multiple Listing Service (CRMLS)

APN: 6028-002-020