NOT LISTED FOR SALE

Estimated Value: $1,015,000 - $1,269,000

4 Beds
3 Baths
2,205 Sq Ft
$522/Sq Ft Est. Value

Last Sold November 26, 2013

Last sale price $575,000 $261 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $6,797/month

48 Days on Market

Highlights

  • Multi-Level Bedroom
  • Wood Flooring
  • Two Homes on a Lot
  • STEM Academy at Bernstein High Rated A-
  • No HOA
  • Wood Frame Window

About This Home

As of November 2013

Per property profile, front house has a 2 bedroom and one bath with approx. 1205 sq.ft., built 1920 and back two units, built in 1983 has one bedroom and one bath with approx. 500 sq.ft each living area. Walking to LACC, Ramona School, Various hospitals, restaurants, churches, transportation and other facilities. Very convenient location. Relatives of owner are occupying the back units - Rent very low. Totally fenced for privacy- block walls , long driveway.

Last Agent to Sell the Property

Salvador Herras

Century 21 Beachside License #00870397 Listed on: 08/26/2013

Last Buyer's Agent

Marvin Lenon

Kingston Realty License #01826309

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,638

Year Built

  • Built in 1983

Lot Details

  • 6,499 Sq Ft Lot
  • 1 Common Wall
  • West Facing Home
  • Block Wall Fence
  • Chain Link Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Wood Siding
  • Plaster
  • Stucco

Interior Spaces

  • 2,205 Sq Ft Home
  • Wood Frame Window

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Multi-Level Bedroom
  • 3 Bathrooms

Home Security

  • Window Bars
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Shared Driveway
  • Paved Parking
  • Uncovered Parking
  • Unassigned Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Homes

  • Two Homes on a Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Sewer Assessments
  • Sewer Paid
  • TV Antenna

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 63
  • Assessor Parcel Number 5540004008

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Service Entrance

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,138
  • Professional Management Expense $3,974
  • Water Sewer Expense $3,328
  • New Taxes Expense $7,361
  • Gross Income $35,400
  • Net Operating Income $19,437

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,638

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Assessments: Yes
  • Inclusions: Per transfer disclosure
  • Improvements Amount: 103627
  • Professional Management Expense: 3974.00
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Security Lights, Fire and Smoke Detection System, Smoke Detector(s), Window Bars
  • View: No
  • Water Sewer Expenses: 3328.00
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 5540004008
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Unfurnished
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl, Wood
  • Door Features: Service Entrance
  • Price Per Square Foot: 260.77
  • Room Type: Multi-Level Bedroom
  • Window Features: Wood Frames

Exterior Features

  • Direction Faces: West
  • Foundation: Slab, Raised
  • Other Structures: Two On A Lot
  • Exterior Features: Lighting, Rain Gutters, TV Antenna
  • Fencing: Block, Chain Link
  • Pool Private: No
  • Spa: No
  • Construction Materials: Drywall Walls, Frame, Plaster, Stucco, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete, Driveway, Shared Driveway, Unassigned, Uncovered

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Heating Type: Floor Furnace, Natural Gas, Wall Furnace
  • Sewer: Sewer Assessments, Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Land Value: 82393
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6499.00
  • Lot Size Acres: 0.1490

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 500
  • Average2 Bed Area: 1205
  • Gross Income: 35400.00
  • Gross Scheduled Income: 35400.00
  • Insurance Expense: 1138.00
  • Lot Size Area: 6499.0000 Square Feet
  • Net Operating Income: 19437.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number Wall A C: 3
  • Number With Carpet: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Operating Expense: 15963.00
  • Rent Control: Yes
  • Total Actual Rent: 2950.00

Tax Info

  • New Taxes Expense: 7361.00
  • Tax Lot: 63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2019
Sold by
Cowen Nathan L
Bought by
Cowen Nathan L
Current Estimated Value
$1,150,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Outstanding Balance
$581,782
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$639,178

Purchase Details

Closed on
Sep 9, 2013
Sold by
Layo Nida B and Layo Florencio C
Bought by
Cowen Nathan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 10, 2004
Sold by
Layo Florencio C and Layo Nida B
Bought by
Layo Florencio C and Layo Nida B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2003
Sold by
Layo Nida B
Bought by
Layo Florencio C and Layo Nida B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.96%

Purchase Details

Closed on
Dec 18, 2002
Sold by
Layo Florencio C and Layo Florencio C
Bought by
Layo Nida B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.96%

Purchase Details

Closed on
Jul 10, 2001
Sold by
Layo Florencio C and Layo Nida B
Bought by
Layo Florencio C and Layo Nida B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.26%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cowen Nathan L -- First American Title
Cowen Nathan L $575,000 First American Title Company
Layo Florencio C -- First American Title Company
Layo Florencio C -- First American Title Co
Layo Florencio C -- Provident
Layo Nida B -- Provident
Layo Florencio C -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cowen Nathan L $660,000
Closed Cowen Nathan L $484,000
Previous Owner Cowen Nathan L $400,000
Previous Owner Layo Nida B $315,000
Previous Owner Layo Florencio C $300,000
Previous Owner Layo Florencio C $300,000
Previous Owner Layo Nida B $200,000
Previous Owner Layo Florencio C $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2013 11/26/13 Sold $575,000 -2.4% $261 / Sq Ft
08/25/2013 08/25/13 Pending -- -- --
07/08/2013 07/08/13 For Sale $588,888 -- $267 / 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 $8,638 $704,859 $422,918 $281,941
2024 $8,638 $691,039 $414,626 $276,413
2023 $8,473 $677,491 $406,497 $270,994
2022 $8,085 $664,208 $398,527 $265,681
2021 $7,979 $651,185 $390,713 $260,472
2020 $8,055 $644,509 $386,707 $257,802
2019 $7,742 $631,873 $379,125 $252,748
2018 $7,596 $619,485 $371,692 $247,793
2016 $7,247 $595,431 $357,259 $238,172
2015 $7,141 $586,488 $351,893 $234,595
2014 $7,264 $575,000 $345,000 $230,000
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG13131988

California Regional Multiple Listing Service (CRMLS)

APN: 5540-004-008