NOT LISTED FOR SALE

Estimated Value: $558,000 - $774,000

5 Beds
2 Baths
1,199 Sq Ft
$540/Sq Ft Est. Value

Last Sold June 02, 2016

Last sale price $365,000 $304 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,802/month

17 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Property is near public transit
  • No HOA
  • Contemporary Architecture
  • Granite Countertops
  • Laundry Room

About This Home

As of June 2016

Investors special!!! 2 units, front 3 bed + 1 bath, rear 2 bed + 1 bath. Property has had many upgrades done throughout the last 4 years. Both units can be negotiated vacant. Plenty of parking for over 6 cars, large lot, perfect for entertaining. Bring your investors or buyers that want to live in one and rent the other. Don't miss out on this great opportunity!!!

Last Agent to Sell the Property

Ray Penado

Excellence RE Real Estate License #01709871 Listed on: 03/11/2016

Last Buyer's Agent

Carolina Turcios

Coldwell Banker Envision License #01769151

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 5,101 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence

Home Design

  • 1,199 Sq Ft Home
  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Partial Copper Plumbing

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 12 Parking Spaces
  • Parking Available
  • Uncovered Parking

Additional Features

  • Granite Countertops
  • Exterior Lighting
  • Property is near public transit
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 65
  • Tax Tract Number 6602
  • Assessor Parcel Number 6052002027

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $650
  • Trash Expense $50
  • Water Sewer Expense $150
  • New Taxes Expense $2,020
  • Gross Income $3,000
  • Net Operating Income $2,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 150.00
  • Zoning: LAR2
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 6052002027
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters, Copper Plumbing Partial
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 304.42
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Trash Expense: 50.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 5101.00
  • Price Per Lot Square Foot: 71.55
  • Lot Size Acres: 0.1170

Multi Family

  • Gross Income: 3000.00
  • Gross Scheduled Income: 3000.00
  • Insurance Expense: 650.00
  • Lot Size Area: 5101.0000 Square Feet
  • Net Operating Income: 2800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 200.00
  • Rent Control: Yes
  • Total Actual Rent: 2450.00

Tax Info

  • New Taxes Expense: 2020.00
  • Tax Lot: 65
  • Tax Tract Number: 6602

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2019
Sold by
Pena Walter Adalberto and Arita Yanira S
Bought by
Arita Yanira S and Mayorga Juan J Arita
Current Estimated Value
$632,758

Purchase Details

Listed on
Mar 11, 2016
Closed on
May 12, 2016
Sold by
Maximum Properties Inc
Bought by
Pena Walter Adalberto and Arita Yanira S
Seller's Agent
Ray Penado
Excellence RE Real Estate
Buyer's Agent
Carolina Turcios
Coldwell Banker Envision
List Price
$385,000
Sold Price
$365,000
Premium/Discount to List
-$20,000
-5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%
Original Mortgage
$358,388
Outstanding Balance
$292,131
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$355,724

Purchase Details

Listed on
Mar 11, 2016
Closed on
May 10, 2016
Sold by
Maximum Properties Inc
Bought by
Maximum Properties Inc
Seller's Agent
Ray Penado
Excellence RE Real Estate
Buyer's Agent
Carolina Turcios
Coldwell Banker Envision
List Price
$385,000
Sold Price
$365,000
Premium/Discount to List
-$20,000
-5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,388
Outstanding Balance
$292,131
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$355,724

Purchase Details

Closed on
Feb 22, 2016
Sold by
Maximum Properties Inc
Bought by
Maximum Properties Inc

Purchase Details

Closed on
Sep 9, 2011
Sold by
Vega Rocio and Valencia Jesus
Bought by
Maximum Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
4.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Vega Rocio and Valencia Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
4.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2010
Sold by
Diaz Maria
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 22, 2007
Sold by
Diaz Maria
Bought by
Segovia Sandra

Purchase Details

Closed on
Feb 13, 2007
Sold by
Diaz Ambrosio
Bought by
Diaz Maria

Purchase Details

Closed on
Dec 5, 2006
Sold by
Lopez Luisa
Bought by
Diaz Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2005
Sold by
Banuelos Ramon Diaz
Bought by
Lopez Luisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2005
Sold by
Aguilar Hector A and Aguilar Rosa Del Carmen
Bought by
Lopez Luisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 1995
Sold by
Polanco Elias and Castro Miguel Armando
Bought by
Aguilar Hector A and Aguilar Rosa Delcarmen

Purchase Details

Closed on
Feb 21, 1995
Sold by
Ayala Gilbert A and Ayala Maria F
Bought by
Aguilar Hector A and Polanco Elias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
8%

Purchase Details

Closed on
Oct 8, 1993
Sold by
Powell Cleo
Bought by
Powell Theadry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,600
Interest Rate
6.98%

Purchase Details

Closed on
Aug 30, 1993
Sold by
Powell Theadry
Bought by
Ayala Gilbert A and Ayala Maria F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,600
Interest Rate
6.98%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Arita Yanira S -- None Available
Pena Walter Adalberto $365,000 Fidelity National Title
Pena Walter Adalberto -- Fidelity National Title
Maximum Properties Inc -- Fidelity National Title
Maximum Properties Inc -- Accommodation
Maximum Properties Inc -- Fidelity Van Nuys
Vega Rocio $132,500 Lsi Title Company
Federal Home Loan Mortgage Corporation $216,004 Accommodation
Segovia Sandra -- None Available
Diaz Maria -- Investors Title Company
Diaz Maria $520,000 Investors Title Company
Lopez Luisa -- --
Lopez Luisa $420,000 --
Aguilar Hector A -- --
Aguilar Hector A $160,000 Orange Coast Title
Aguilar Hector A -- Orange Coast Title
Powell Theadry -- --
Ayala Gilbert A $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pena Walter Adalberto $358,388
Previous Owner Maximum Properties Inc $138,000
Previous Owner Diaz Maria $416,000
Previous Owner Lopez Luisa $399,000
Previous Owner Aguilar Hector A $152,000
Previous Owner Ayala Gilbert A $63,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2016 06/02/16 Sold $365,000 -5.2% $304 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
03/11/2016 03/11/16 For Sale $385,000 -- $321 / 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 $5,964 $453,356 $288,341 $165,015
2024 $5,872 $444,468 $282,688 $161,780
2023 $5,762 $435,754 $277,146 $158,608
2022 $5,506 $427,211 $271,712 $155,499
2021 $5,436 $418,835 $266,385 $152,450
2020 $5,486 $414,541 $263,654 $150,887
2019 $5,054 $387,340 $222,853 $164,487
2018 $4,958 $379,746 $218,484 $161,262
2016 $2,052 $140,056 $74,272 $65,784
2015 $2,021 $137,953 $73,157 $64,796
2014 $2,034 $135,251 $71,724 $63,527
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16051716

California Regional Multiple Listing Service (CRMLS)

APN: 6052-002-027