NOT LISTED FOR SALE

Estimated Value: $1,009,000 - $1,112,000

8 Beds
4 Baths
2,180 Sq Ft
$490/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $540,000 $248 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $6,752/month

808 Days on Market

About This Home

As of April 2017

Recently remolded housing all new tenants Excellent investment opportunity! The area has many improvements in the works and more planned to kick off by the city in the near future.

Last Agent to Sell the Property

Svetlana Stefanovic

Berkshire Hathaway H.S.C.P. License #01423050 Listed on: 12/05/2014

Last Buyer's Agent

Chuck Brewer

Home Smart Realty Group License #01939550

Home Smart Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,488

Year Built

  • Built in 1920

Lot Details

  • 4,030 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • On-Street Parking

Home Design

  • Property Attached

Interior Spaces

  • 2,180 Sq Ft Home
  • Dining Room with Fireplace

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Shared Septic

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 5758
  • Assessor Parcel Number 7271019012

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $4,200
  • Fuel Expense $1,200
  • Insurance Expense $1,500
  • Trash Expense $300
  • Water Sewer Expense $300
  • New Taxes Expense $7,488
  • Operating Expense $14,988
  • Gross Income $3,800
  • Net Operating Income $30,612

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,488

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • Water Sewer Expenses: 300.00
  • Property Type: Residential Income
  • Parcel Number: 7271019012
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Dining Room
  • Price Per Square Foot: 247.71

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Sewer: Shared Septic
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4030.00

Multi Family

  • Electric Expense: 4200.00
  • Fuel Expense: 1200.00
  • Gross Income: 3800.00
  • Gross Scheduled Income: 45600.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 30612.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 14988.00
  • Rent Control: No
  • Total Expenses: 14988.00

Tax Info

  • New Taxes Expense: 7488.00
  • Tax Lot: 1
  • Tax Tract Number: 5758
  • Tax Annual Amount: 7488.00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2019
Sold by
Rose Steven C and Rose Marsha A
Bought by
Daisy Triplex Llc
Current Estimated Value
$1,068,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.3%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 24, 2017
Sold by
Soskic Marko and Soskic Milutin
Bought by
Rose Steven C and Rose Marsha A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2004
Sold by
Soskic Jennifer N
Bought by
Soskic Marko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2004
Sold by
Clark Franklin Michael and Clark Stephanie C
Bought by
Soskic Marko and Soskin Milutin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 2003
Sold by
Lockwood Robert G and Lockwood Pamela A
Bought by
Clark Franklin Michael and Clark Stephanie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
4.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2001
Sold by
Mason Lawrence J and Mason Rita A
Bought by
Lockwood Robert G and Lockwood Pamela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,200
Interest Rate
6.91%

Purchase Details

Closed on
Aug 5, 1999
Sold by
Moreno Mario
Bought by
Mason Lawrence J and Mason Rita A

Purchase Details

Closed on
Jul 29, 1998
Sold by
Moreno Mario
Bought by
Duran Ruben B

Purchase Details

Closed on
Apr 23, 1998
Sold by
Moreno Maria
Bought by
Moreno Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,750
Interest Rate
7.15%

Purchase Details

Closed on
Dec 3, 1996
Sold by
Diaz Lilia M
Bought by
Diaz Edmundo F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.76%

Purchase Details

Closed on
Oct 28, 1996
Sold by
Vanliew Imogene
Bought by
Diaz Edmundo F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.76%

Purchase Details

Closed on
Oct 15, 1993
Sold by
Rhen Shirley and The 1233-47 Daisy Trust
Bought by
Vanliew Imogene
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
Daisy Triplex Llc $1,405,000 First American Title Company
Rose Steven C $540,000 Orange Coast Title Co Socal
Soskic Marko -- Chicago Title Co
Soskic Marko $465,000 Chicago Title Co
Clark Franklin Michael $380,000 Ticor Title Co
Lockwood Robert G $206,000 Lawyers Title Company
Mason Lawrence J $207,459 First American Title Ins Co
Duran Ruben B -- --
Moreno Mario -- North American Title Co
Moreno Mario -- North American Title Co
Diaz Edmundo F -- North American Title Company
Diaz Edmundo F $55,000 North American Title Company
Vanliew Imogene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daisy Triplex Llc $1,500,000
Previous Owner Rose Steven C $405,000
Previous Owner Soskic Marko $372,000
Previous Owner Clark Franklin Michael $304,000
Previous Owner Lockwood Robert G $144,200
Previous Owner Moreno Mario $165,750
Previous Owner Diaz Edmundo F $55,000
Closed Lockwood Robert G $41,200
Closed Soskic Marko $93,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2017 04/28/17 Sold $540,000 -6.7% $248 / Sq Ft
02/20/2017 02/20/17 Pending -- -- --
01/20/2017 01/20/17 Price Changed $579,000 -2.7% $266 / Sq Ft
01/19/2017 01/19/17 For Sale $595,000 0.0% $273 / Sq Ft
09/29/2016 09/29/16 Pending -- -- --
12/05/2014 12/05/14 For Sale $595,000 -- $273 / 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 $13,991 $1,088,174 $705,400 $382,774
2024 $13,991 $1,066,838 $691,569 $375,269
2023 $13,753 $1,045,920 $678,009 $367,911
2022 $12,908 $1,025,413 $664,715 $360,698
2021 $12,650 $1,005,308 $651,682 $353,626
2020 $7,553 $573,052 $403,259 $169,793
2019 $7,464 $561,816 $395,352 $166,464
2018 $7,243 $550,800 $387,600 $163,200
2016 $7,004 $558,477 $287,045 $271,432
2015 $5,939 $480,000 $295,400 $184,600
2014 $5,338 $420,000 $258,500 $161,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16717650

California Regional Multiple Listing Service (CRMLS)

APN: 7271-019-012