NOT LISTED FOR SALE

Estimated Value: $1,139,000 - $1,364,009

8 Beds
8 Baths
3,552 Sq Ft
$348/Sq Ft Est. Value

Last Sold July 13, 2015

Last sale price $668,000 $188 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $7,192/month

50 Days on Market

Highlights

  • No HOA
  • Wrought Iron Fence
  • 2-minute walk to Anthony Munoz Hall of Fame Park
  • Laundry Room
  • Wall Furnace

About This Home

As of July 2015

This property features all 2 bed/2 bath units with 4 enclosed garages. There is a master bath for a bedroom in each unit. Each tenant pays for Gas and Electric. The square footage for each unit is approximately 888. Laundry room is available for tenants and generates income for owner. Property is in close proximity to large park and schools. Also a short drive to Walmart, Costco, Movie theater and other shopping centers. Just south of the 10 freeway. Contact agent for marketing summary. Do not walk on property or talk to tenants. They are unaware of sale. Subject to interior inspection.

Last Agent to Sell the Property

Carlos Skubacz

RE/MAX 2000 License #01474295 Listed on: 05/06/2015

RE/MAX 2000

Co-Listed By

Judy Lee

EXP REALTY OF CALIFORNIA INC License #01857034

Last Buyer's Agent

Katie Yau

Pinnacle Real Estate Group License #01824795

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,498

Year Built

  • Built in 1962

Lot Details

  • 7,200 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Wrought Iron Fence

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,552 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 9
  • Tax Tract Number 10
  • Assessor Parcel Number 1010131460000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $564
  • Gardener Expense $600
  • Insurance Expense $900
  • Maintenance Expense $1,000
  • Water Sewer Expense $4,200
  • New Taxes Expense $7,535
  • Gross Income $4,250
  • Net Operating Income $36,701

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,498

Year Built

Built in 1962

Lot Details

0

Parking

4

Listing Details

  • CapRate: 5.36
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • View: No
  • Water Sewer Expenses: 4200.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 1010131460000
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 188.06

Exterior Features

  • Foundation: Slab
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Size Sq Ft: 7200.00
  • Price Per Lot Square Foot: 92.78
  • Lot Size Acres: 0.1650

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 888
  • Electric Expense: 564.00
  • Gross Income: 4250.00
  • Gross Multiplier: 13.15
  • Gross Scheduled Income: 52100.00
  • Insurance Expense: 900.00
  • Lot Size Area: 7200.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 36701.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 15399.00
  • Rent Control: No
  • Total Actual Rent: 4250.00

Tax Info

  • New Taxes Expense: 7535.00
  • Tax Lot: 9
  • Tax Tract Number: 10.01
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2015
Closed on
Jun 9, 2015
Sold by
Vannguyen Quan
Bought by
Lei Ian and Chiu Hok Chi
Seller's Agent
Carlos Skubacz
RE/MAX 2000
Buyer's Agent
Katie Yau
Pinnacle Real Estate Group
List Price
$685,000
Sold Price
$668,000
Premium/Discount to List
-$17,000
-2.48%
Current Estimated Value
$1,236,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$568,252
Avg. Annual Appreciation
6.16%

Purchase Details

Closed on
Sep 27, 2013
Sold by
Vannguyen Quan Van
Bought by
Vannguyen Quan and 201O Quan Van Nguyen Revocable

Purchase Details

Closed on
Oct 20, 2005
Sold by
Nguyen Dan
Bought by
Vannguyen Quan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,950
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2005
Sold by
Golden Income Investments Llc
Bought by
Nguyen Dan and Nguyen Thao Dang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
1.95%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 20, 2004
Sold by
Seaburn Clay
Bought by
Golden Income Investments Llc

Purchase Details

Closed on
Oct 27, 1998
Sold by
Escobedo Erasmo C and Escobedo Ofelia
Bought by
Seaburn Family Trust
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
Lei Ian $668,000 Title 365
Vannguyen Quan -- None Available
Vannguyen Quan $723,000 Alliance Title San Diego
Nguyen Dan $661,500 Landsafe Rancho Cucamonga
Golden Income Investments Llc $450,000 Landsafe Rancho Cucamonga
Seaburn Family Trust $16,960 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vannguyen Quan $469,950
Previous Owner Nguyen Dan $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2015 07/13/15 Sold $668,000 -2.5% $188 / Sq Ft
06/25/2015 06/25/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $685,000 -- $193 / 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 $8,498 $790,777 $272,274 $518,503
2024 $8,498 $775,271 $266,935 $508,336
2023 $8,259 $760,070 $261,701 $498,369
2022 $8,150 $745,167 $256,570 $488,597
2021 $8,100 $730,556 $251,539 $479,017
2020 $7,957 $723,065 $248,960 $474,105
2019 $7,889 $708,887 $244,078 $464,809
2018 $7,780 $694,987 $239,292 $455,695
2017 $7,501 $681,360 $234,600 $446,760
2016 $5,906 $547,016 $143,962 $403,054
2015 $5,866 $538,800 $141,800 $397,000
2014 -- $510,700 $134,400 $376,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15097099

California Regional Multiple Listing Service (CRMLS)

APN: 1010-131-46