NOT LISTED FOR SALE

Estimated Value: $547,000 - $649,096

3 Beds
2 Baths
1,110 Sq Ft
$546/Sq Ft Est. Value

Last Sold October 29, 2018

Last sale price $400,000 $360 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,666/month

19 Days on Market

Highlights

  • Granite Countertops
  • Fenced
  • 1-Story Property
  • Tile Flooring
  • Wall Furnace

About This Home

As of October 2018

GREAT DUPLEX FOR SALE!! INVESTOR OPPORTUNITY OR FOR FHA203K FINANCING. Will not qualify for traditional financing. Located close to The Forum Arena. Front Unit has 2 bed 1 bath & Rear Unit has 1 Bed 1 Bath. Both units consists of a combination of laminate and tile flooring. No garage available. Property was remodeled by the previous owner. ***********DRIVE BY ONLY *****DRIVE BY ONLY*************

Last Agent to Sell the Property

Gerardo Morales

Equity Smart Real Estate Services License #01808861 Listed on: 08/23/2018

Last Buyer's Agent

Christine Hernandez

Century 21 Masters License #01723510

Century 21 Masters

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,466

Year Built

  • Built in 1925

Lot Details

  • 2,870 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Fence is in poor condition
  • Density is 2-5 Units/Acre

Interior Spaces

  • 1,110 Sq Ft Home
  • 1-Story Property
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • Parking Available
  • Paved Parking

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, telephone
  • Tax Lot 7
  • Tax Tract Number 237401
  • Assessor Parcel Number 6014015011

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $63
  • Water Sewer Expense $55
  • Operating Expense $118
  • Gross Income $32,400
  • Net Operating Income $2,582

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,466

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 55.00
  • Zoning: LAR1
  • Property Type: Residential Income
  • Parcel Number: 6014015011
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Price Per Square Foot: 360.36

Exterior Features

  • Fence: Yes
  • Fencing: Poor Condition
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 63.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 2870.00

Rental Info

  • Tenant Pays: Electricity, Gas, Telephone

Multi Family

  • Gross Income: 32400.00
  • Gross Scheduled Income: 2700.00
  • Net Operating Income: 2582.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 118.00
  • Rent Control: Yes
  • Total Expenses: 118.00

Tax Info

  • Tax Census Tract: 2374.01
  • Tax Lot: 7
  • Tax Tract Number: 237401

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2018
Closed on
Sep 12, 2018
Sold by
Belgarde Joseph and Belgarde Monisha Olivera
Bought by
Villa Gerardo and Villa Deborah
Seller's Agent
Gerardo Morales
Equity Smart Real Estate Services
Buyer's Agent
Christine Hernandez
Century 21 Masters
List Price
$399,999
Sold Price
$400,000
Premium/Discount to List
$1
0.0%
Current Estimated Value
$605,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,524
Avg. Annual Appreciation
6.14%
Original Mortgage
$392,755
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 30, 2016
Closed on
Jul 19, 2016
Sold by
Lazo Byron B
Bought by
Belgarde Joseph and Belgarde Monisha Olivera
Seller's Agent
Annette Johnson
Keller Williams Rlty/LA Harbor
Buyer's Agent
Casey Brummer
Avenue 8
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Original Mortgage
$339,500
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 2, 2012
Closed on
Jan 16, 2013
Sold by
West Ridge Rentals Llc
Bought by
Mid Cal Realty Services Inc
Seller's Agent
Polly Watts
Shelter Club Realty, Inc.
Buyer's Agent
Annette Johnson
Keller Williams Realty
List Price
$239,900
Sold Price
$240,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%
Original Mortgage
$235,653
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 2, 2012
Closed on
Jan 15, 2013
Sold by
Mid Cal Realty Services Inc
Bought by
Lazo Byron B
Seller's Agent
Polly Watts
Shelter Club Realty, Inc.
Buyer's Agent
Annette Johnson
Keller Williams Realty
List Price
$239,900
Sold Price
$240,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,653
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 2012
Sold by
Bac Home Loans Servicing Lp
Bought by
West Ridge Rentals Llc

Purchase Details

Closed on
Jun 6, 2011
Sold by
White Seneca
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Oct 15, 2004
Sold by
Torres Aurora M and Marinero Frank E
Bought by
White Seneca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2000
Sold by
Shelter First
Bought by
Torres Aurora M and Marinero Frank E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,700
Interest Rate
8.2%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 12, 1999
Sold by
Hud
Bought by
Shelter First Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
7.68%

Purchase Details

Closed on
Dec 11, 1998
Sold by
Luviano Joaquin Enrique and Ocampo Monica
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Mar 26, 1998
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Jul 11, 1996
Sold by
Ceron Roberto and Ceron Magdalena Reales
Bought by
Luviano Joaquin Enrique and Ocampo Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,436
Interest Rate
8.33%
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
Villa Gerardo $400,000 Old Republic Title Company
Belgarde Joseph $350,000 First American Title Co
Mid Cal Realty Services Inc $120,000 Fidelity National Title Co
Lazo Byron B $240,000 Fidelity National Title Co
West Ridge Rentals Llc $117,000 Fidelity National Title Co
Bac Home Loans Servicing Lp $175,500 None Available
White Seneca $255,000 Southland Title
Torres Aurora M $159,000 United Title Company
Shelter First Inc $105,000 Provident Title
Countrywide Home Loans Inc $139,801 Landsafe Title
Hud -- Landsafe Title
Luviano Joaquin Enrique $132,000 Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Villa Gerardo $392,755
Previous Owner Belgarde Joseph $339,500
Previous Owner Lazo Byron B $235,653
Previous Owner White Seneca $204,000
Previous Owner Torres Aurora M $157,700
Previous Owner Shelter First Inc $101,500
Previous Owner Luviano Joaquin Enrique $133,436
Closed White Seneca $51,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2018 10/29/18 Sold $400,000 0.0% $360 / Sq Ft
09/11/2018 09/11/18 Pending -- -- --
08/23/2018 08/23/18 For Sale $399,999 +14.3% $360 / Sq Ft
09/16/2016 09/16/16 Sold $350,000 0.0% $315 / Sq Ft View Prior Sale
07/12/2016 07/12/16 Pending -- -- --
07/06/2016 07/06/16 Price Changed $350,000 -6.7% $315 / Sq Ft
06/30/2016 06/30/16 For Sale $375,000 +56.3% $338 / Sq Ft
01/17/2013 01/17/13 Sold $240,000 0.0% $216 / Sq Ft View Prior Sale
12/12/2012 12/12/12 Pending -- -- --
11/02/2012 11/02/12 For Sale $239,900 -- $216 / 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 $5,466 $446,204 $334,654 $111,550
2024 $5,466 $437,456 $328,093 $109,363
2023 $5,365 $428,879 $321,660 $107,219
2022 $5,121 $420,470 $315,353 $105,117
2021 $5,054 $412,226 $309,170 $103,056
2020 $5,104 $408,000 $306,000 $102,000
2019 $4,905 $400,000 $300,000 $100,000
2018 $4,431 $357,000 $255,000 $102,000
2016 $3,120 $249,654 $197,643 $52,011
2015 $3,076 $245,905 $194,675 $51,230
2014 $3,110 $241,089 $190,862 $50,227
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS18207050

California Regional Multiple Listing Service (CRMLS)

APN: 6014-015-011