NOT LISTED FOR SALE

1250 Rosalia Ave Hemet, CA 92543

Estimated Value: $657,000 - $764,000

8 Beds
5 Baths
3,270 Sq Ft
$215/Sq Ft Est. Value

Sale Details

Date Sold: March 3, 2021

Last sale price $505,000 $154 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,428 / mo

210 Days on Market

Highlights

  • Neighborhood Views
  • Laundry Room
  • Level Lot
  • Cooling System Mounted To A Wall/Window
  • 4 Attached Carport Spaces
  • Back Yard

About This Home

As of March 2021

*4-UNIT INVESTMENT PROPERTY WITH TENANTS IN PLACE* Great opportunity to pick up this established investment property located in the Crestwood Community. The property features separate electrical meters, separate AC / Furnace, and separate gas meters for each unit. Each unit has their own carport attached to the building. The ground level of property contains three units, each with fenced backyards, along with a small laundry/storage facility. The second story of property contains the fourth unit with a balcony. Recent updates include new mailboxes, new smoke alarms, carbon monoxide detectors, window screens, and sliding door screens. Each new tenancy brings new carpet, paint, appliances, and doors. All 4 AC units were replaced in 2009.

Last Agent to Sell the Property

Christopher Leeper

EXP REALTY OF CALIFORNIA INC License #01881634 Listed on: 06/15/2020

EXP REALTY OF CALIFORNIA INC

Last Buyer's Agent

GERARDO CORONA

DIVERSIFIED WORKS License #00941523

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 7,841 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Back Yard

Home Design

  • Property Attached

Interior Spaces

  • 3,270 Sq Ft Home
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Attached Carport Spaces
  • Parking Available

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot E
  • Tax Tract Number 4378
  • Assessor Parcel Number 442305008

Community Details

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $23
  • Gardener Expense $2,100
  • Insurance Expense $1,354
  • Other Expense $3,500
  • Pest Control $300
  • Professional Management Expense $2,400
  • Trash Expense $1,476
  • Water Sewer Expense $4,311
  • New Taxes Expense $2,045
  • Operating Expense $17,000
  • Gross Income $37,000
  • Net Operating Income $19,000

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Professional Management Expense: 2400.00
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 4311.00
  • Zoning: R3
  • Property Type: Residential Income
  • Gardener Expense: 2100.00
  • Parcel Number: 442305008
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 154.43

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community, Individual Room, Inside
  • Pest Control Expense: 300.00
  • Sewer: Public Sewer
  • Trash Expense: 1476.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Level
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Fuel Expense: 23.00
  • Gross Income: 37000.00
  • Gross Scheduled Income: 37000.00
  • Insurance Expense: 1354.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 19000.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 17000.00
  • Other Expense: 3500.00
  • Other Expense Description: repairs
  • Rent Control: No
  • Total Actual Rent: 3100.00
  • Total Expenses: 17000.00

Tax Info

  • New Taxes Expense: 2045.00
  • Tax Census Tract: 434.05
  • Tax Lot: E
  • Tax Tract Number: 4378

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2020
Closed on
Jan 19, 2021
Sold by
Bought by
Seller's Agent
Christopher Leeper
EXP REALTY OF CALIFORNIA INC
Buyer's Agent
GERARDO CORONA
DIVERSIFIED WORKS
List Price
$525,000
Sold Price
$505,000
Premium/Discount to List
-$20,000
-3.81%
Current Estimated Value
$715,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,149
Avg. Annual Appreciation
6.43%
Original Mortgage
$488,145
Interest Rate
0.027%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 29, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
0.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 20, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
0.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 20, 2009
Sold by
Bought by

Purchase Details

Closed on
Feb 1, 2007
Sold by
Bought by

Purchase Details

Closed on
Jan 29, 2007
Sold by
Bought by

Purchase Details

Closed on
Jun 27, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
0.0548%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 11, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,250
Interest Rate
0.0699%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 10, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,250
Interest Rate
0.0699%
Mortgage Type
Commercial

Purchase Details

Closed on
May 10, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,750
Interest Rate
0.069%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,750
Interest Rate
0.069%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 15, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,949
Interest Rate
0.0575%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 22, 1999
Sold by
Bought by

Purchase Details

Closed on
Aug 17, 1998
Sold by
Bought by

Purchase Details

Closed on
Aug 19, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,700
Interest Rate
0.0745%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 10, 1997
Sold by
Bought by

Purchase Details

Closed on
Jun 22, 1995
Sold by
Bought by

Purchase Details

Closed on
Feb 1, 1994
Sold by
Bought by

Purchase Details

Closed on
Jan 18, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$505,000 Ticor Title Riverside
-- North American Title Company
$136,000 North American Title Co
-- None Available
-- None Available
-- None Available
$620,000 Orange Coast Title
-- Orange Coast Title
-- Orange Coast Title
-- Southland Title
$395,000 Southland Title
$294,500 First American Title Co
$75,000 Lawyers Title Company
$70,228 --
$52,000 First American Title Ins Co
$31,950 First American Title Ins Co
$65,500 --
$58,000 --
$145,144 Chicago Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $27,347
Closed $488,145
Closed $102,000
Closed $468,000
Closed $416,250
Closed $335,750
Closed $289,949
Closed $12,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/03/2021 03/03/21 Sold $505,000 -1.9% $154 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
07/15/2020 07/15/20 Price Changed $515,000 -1.9% $157 / Sq Ft
06/15/2020 06/15/20 For Sale $525,000 -- $161 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,794 $546,626 $108,242 $438,384
2023 $6,794 $525,402 $104,040 $421,362
2022 $6,004 $515,100 $102,000 $413,100
2021 $1,998 $162,167 $69,753 $92,414
2020 $1,981 $160,505 $69,038 $91,467
2019 $1,941 $157,359 $67,685 $89,674
2018 $1,884 $154,274 $66,359 $87,915
2017 $1,863 $151,250 $65,058 $86,192
2016 $1,850 $148,285 $63,783 $84,502
2015 $1,845 $146,060 $62,826 $83,234
2014 $1,767 $143,201 $61,597 $81,604
Source: Public Records

Agents Affiliated with this Home

  • Christopher Leeper

    Seller's Agent in 2021

    Christopher Leeper

    EXP REALTY OF CALIFORNIA INC

    (951) 601-1177

    98 Total Sales

    Christopher Leeper
    Section Image

  • G

    Buyer's Agent in 2021

    GERARDO CORONA

    DIVERSIFIED WORKS

    (562) 463-9919

    22 Total Sales

    GERARDO CORONA
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV20107298

California Regional Multiple Listing Service (CRMLS)

APN: 442-305-008

California Riverside County Hemet 92543

1250 Rosalia Ave, Hemet, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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