NOT LISTED FOR SALE

Estimated Value: $1,005,000 - $1,216,000

8 Beds
8 Baths
3,552 Sq Ft
$316/Sq Ft Est. Value

Last Sold April 30, 2014

Last sale price $600,000 $169 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $6,755/month

93 Days on Market

Highlights

  • Contemporary Architecture
  • Laundry Room
  • Wrought Iron Fence
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • 2-minute walk to Anthony Munoz Hall of Fame Park

About This Home

As of April 2014

PRICE JUST REDUCED!!!!!!!!!!!!!!!!!!!!!!! BEAUTIFUL 4-PLEX LOCATED IN NORTH ONTARIO SHOWS PRIDE OF OWNERSHIP WELL MAINTAINED THRU OUT. ALL UNITS 2BEDROOM,2 BATH IN EXCELLENT CONDITION & VERY CLEAN, LONG TERM TENANTS,EACH UNIT WITH A GARAGE AT THE REAR,PRIVATE LAUNDRY ROOM WITH PRIVATELY OWNED WASHER & DRYER COIN OPERATED WHICH GO WITH THE PROPERTY FOR EXTRA INCOME,SECURITY GATES,SEPARATE METERS,EACH TENANT PAYS FOR GAS & ELECTRIC,CONVENIENT LOCATION CLOSE TO FWYS , SHOPPING CENTERS AND PARKS. GREAT INCOME INVESTMENT,DO NOT DISTURB TENANTS PLS,DRIVE BY ONLY-SUBJECT TO INTERIOR INSPECTION-AFTER ACCEPTANCE OF OFFER. (1251 BLD ALSO FOR SALE) GREAT INVESTMENT OPPORTUNITY!

Last Agent to Sell the Property

Roberto Moran

RE/MAX CHAMPIONS WC License #01435782 Listed on: 05/01/2014

RE/MAX CHAMPIONS WC

Last Buyer's Agent

Herbert Hwang

ILLUMINANT PROPERTIES License #01422491

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,907

Year Built

  • Built in 1962

Lot Details

  • 7,200 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 3,552 Sq Ft Home
  • Contemporary Architecture
  • Property Attached
  • Asphalt Roof

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 4 / 6233
  • Tax Tract Number 6233
  • Assessor Parcel Number 1010131410000

Community Details

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $1,600
  • Water Sewer Expense $2,202
  • New Taxes Expense $5,032
  • Gross Income $4,075
  • Net Operating Income $43,700

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,907

Year Built

Built in 1962

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Other Phone Description: 626-367-6350
  • Property Attached: Yes
  • Security: Security Lights
  • Water Sewer Expenses: 2202.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 1010131410000
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Levels: Two
  • Price Per Square Foot: 168.92

Exterior Features

  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7200.00
  • Lot Size Acres: 0.1650

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 4075.00
  • Gross Scheduled Income: 48900.00
  • Insurance Expense: 1600.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 7200.0000 Square Feet
  • Net Operating Income: 43700.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 5200.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5032.00
  • Tax Block: 6233
  • Tax Lot: 4
  • Tax Tract Number: 6233
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2014
Closed on
Apr 2, 2014
Sold by
Carrillo Alfonso E
Bought by
The Shay Family Trust
Seller's Agent
Roberto Moran
RE/MAX CHAMPIONS WC
Buyer's Agent
Herbert Hwang
ILLUMINANT PROPERTIES
List Price
$650,000
Sold Price
$600,000
Premium/Discount to List
-$50,000
-7.69%
Current Estimated Value
$1,121,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$521,000
Avg. Annual Appreciation
5.66%

Purchase Details

Closed on
Mar 5, 2013
Sold by
Carrillo Alfonso E
Bought by
Carrillo Alfonso E and Carrillo Kay F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,100
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2007
Sold by
Carrillo Alfonso
Bought by
Carrillo Alfonso E and Carrillo Kay F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 30, 2003
Sold by
Burggraf Robert O
Bought by
Carrillo Alfonso and Carrillo Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
4.24%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 1, 2000
Sold by
Gibbs Robert F
Bought by
Burggraf Robert O and Burggraf Masako

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.71%

Purchase Details

Closed on
Jun 14, 1996
Sold by
Glendale Federal Bank Fsb
Bought by
Gibbs Robert F and May Janis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,650
Interest Rate
8.39%

Purchase Details

Closed on
Apr 19, 1996
Sold by
Poptic George J
Bought by
Glendale Federal Bank Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,650
Interest Rate
8.39%
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
The Shay Family Trust $1,200,000 Orange Coast Title Company
Carrillo Alfonso E -- Chicago Title Company
Carrillo Alfonso E -- None Available
Carrillo Alfonso $420,000 First American
Burggraf Robert O $225,000 Lawyers Title Company
Gibbs Robert F $158,500 First American Title Ins Co
Glendale Federal Bank Fsb $173,470 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carrillo Alfonso E $326,100
Previous Owner Carrillo Alfonso E $322,201
Previous Owner Carrillo Alfonso $338,000
Previous Owner Carrillo Alfonso $336,000
Previous Owner Burggraf Robert O $180,000
Previous Owner Burggraf Robert O $180,000
Previous Owner Gibbs Robert F $142,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2014 04/30/14 Sold $600,000 -7.7% $169 / Sq Ft
04/11/2014 04/11/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $650,000 -- $183 / 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 $7,907 $735,518 $257,432 $478,086
2024 $7,907 $721,096 $252,384 $468,712
2023 $7,685 $706,957 $247,435 $459,522
2022 $7,583 $693,095 $242,583 $450,512
2021 $7,536 $679,504 $237,826 $441,678
2020 $7,404 $672,536 $235,387 $437,149
2019 $7,341 $659,349 $230,772 $428,577
2018 $7,239 $646,421 $226,247 $420,174
2017 $6,979 $633,746 $221,811 $411,935
2016 $6,703 $621,320 $217,462 $403,858
2015 $5,412 $496,862 $201,110 $295,752
2014 $5,244 $487,130 $197,171 $289,959
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14005069

California Regional Multiple Listing Service (CRMLS)

APN: 1010-131-41