NOT LISTED FOR SALE

1233 8th St Coachella, CA 92236

Estimated Value: $379,000 - $459,000

4 Beds
2 Baths
1,636 Sq Ft
$245/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $375,000 $229 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,363/month

99 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • 1-Story Property
  • 2 Attached Carport Spaces

About This Home

As of May 2024

Fixer Upper 2 Bed 1 Bath Income producing property. 1 unit is not occupied and ready to rent out and receive income immediately or have the option to renovate to your liking. 1 Unit has a carport/Backyard with a shed that is staying-2nd Unit has a backyard. Each unit is roughly 800 sqft, Washer Dryer Hookup inside both units. The occupied unit is being rented out at $950 and the tenants would like to stay in place. Great Opportunity for an Value Add investment Property.

Last Agent to Sell the Property

Junior Caceda

Action Real Estate License #01972032 Listed on: 11/09/2023

Last Buyer's Agent

Jessica Oertel

Bennion Deville Homes License #01324948

Bennion Deville Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,099

Year Built

  • Built in 1962

Lot Details

  • 6,970 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex

Interior Spaces

  • 1,636 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces
  • Parking Available

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 11
  • Tax Tract Number 1
  • Assessor Parcel Number 778111013
  • $1,382 per year additional tax assessments

Community Details

Overview

  • 2 Units
  • Tierra Del Sol Subdivision

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,000
  • Trash Expense $400
  • Water Sewer Expense $700
  • Operating Expense $2,100
  • Gross Income $19,800
  • Net Operating Income $19,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,099

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Assessments: No
  • Price Per Unit: 200000
  • Property Attached: Yes
  • Subdivision Name Other: Tierra Del Sol (Coachella) (31521)
  • Water Sewer Expenses: 700.00
  • Zoning: RS
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 778111013
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Front
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 229.22

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 400.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 19800.00
  • Gross Scheduled Income: 22800.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 19800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 3000.00
  • Rent Control: No
  • Total Expenses: 2100.00

Tax Info

  • Tax Census Tract: 457.07
  • Tax Lot: 11
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 1382.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Apr 8, 2024
Sold by
Janice Cassidy Living Trust and Cassidy Craig
Bought by
Giraldo Jose and Giraldo Nahal
Seller's Agent
Junior Caceda
Action Real Estate
Buyer's Agent
Jessica Oertel
Bennion Deville Homes
List Price
$400,000
Sold Price
$375,000
Premium/Discount to List
-$25,000
-6.25%
Views
70
Current Estimated Value
$396,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,102
Avg. Annual Appreciation
5.77%
Original Mortgage
$273,750
Interest Rate
6.88%
Mortgage Type
New Conventional
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
Giraldo Jose $375,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Giraldo Jose $273,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $375,000 -6.3% $229 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $400,000 0.0% $244 / Sq Ft
01/09/2024 01/09/24 Pending -- -- --
12/22/2023 12/22/23 Price Changed $400,000 +11.1% $244 / Sq Ft
12/11/2023 12/11/23 Price Changed $360,000 -5.3% $220 / Sq Ft
11/09/2023 11/09/23 For Sale $380,000 -- $232 / 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 $2,099 $612,000 $153,000 $459,000
2023 $2,099 $47,162 $8,150 $39,012
2022 $1,975 $46,239 $7,991 $38,248
2021 $1,920 $45,334 $7,835 $37,499
2020 $1,800 $44,870 $7,755 $37,115
2019 $1,730 $43,991 $7,603 $36,388
2018 $1,683 $43,129 $7,454 $35,675
2017 $1,602 $42,284 $7,308 $34,976
2016 $1,298 $41,456 $7,165 $34,291
2015 $1,497 $40,835 $7,058 $33,777
2014 $762 $40,037 $6,921 $33,116
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23208664

California Regional Multiple Listing Service (CRMLS)

APN: 778-111-013