NOT LISTED FOR SALE

Estimated Value: $649,000 - $721,000

4 Beds
2 Baths
2,723 Sq Ft
$249/Sq Ft Est. Value

Last Sold April 28, 2021

Last sale price $415,000 $152 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,040/month

50 Days on Market

Highlights

  • RV Access or Parking
  • Wood Flooring
  • Bonus Room
  • Mountain View
  • Attic
  • High Ceiling

About This Home

As of April 2021

BACK ON THE MARKET!!! This is an opportunity to own this great duplex with amazing income potential. This property features two huge units that are 2 bedroom and 1 bath each and are currently rented below market value***PROPERTY IS NOT BEING DELIVERED VACANT***. The downstairs unit features two large bedrooms, one bathroom, a large formal living room with a chimney, a formal dining room, kitchen with a breakfast nook and a laundry room. The upstairs unit features two large bedrooms, one bathroom, a large formal living room, formal dining room, a laundry room, and a bonus room. Both units are able to be converted to three bedrooms or have a bonus room. The property has a very large attic space that can also be converted to another bonus room that can be accessed by the upstairs unit. The property also features a large yard area behind the garage with rear street access and can be used for additional parking, possible ADU or additional structure, many possibilities. The property is sitting on a large lot with plenty of space for parking and other potential opportunities. There is a two car detached garage and a one car attached carport. This property shows amazing curb appeal and character. Don't miss out on this great opportunity.

Last Agent to Sell the Property

Oscar Interiano

OMI & ASSOCIATES License #01755103 Listed on: 01/27/2021

Last Buyer's Agent

Vanessa Garcia

Keller Williams Pacific Estates La Mirada License #01393924

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 7,500 Sq Ft Lot
  • No Common Walls
  • Private Yard
  • Back Yard

Parking

  • 2 Car Garage
  • 8 Open Parking Spaces
  • 1 Attached Carport Space
  • Oversized Parking
  • Parking Available
  • Side by Side Parking
  • Two Garage Doors
  • Driveway
  • RV Access or Parking

Interior Spaces

  • 2,723 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Entryway
  • Great Room
  • Living Room with Fireplace
  • Bonus Room
  • Mountain Views
  • Attic

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 9
  • Tax Tract Number 55
  • Assessor Parcel Number 0145243040000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $950
  • Trash Expense $282
  • Water Sewer Expense $720
  • New Taxes Expense $5,244
  • Operating Expense $7,196
  • Gross Income $31,080
  • Net Operating Income $23,884

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 720.00
  • Property Type: Residential Income
  • Parcel Number: 0145243040000
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: High Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Wood
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 152.41
  • Room Type: Attic, Bonus Room, Entry, Great Room, Kitchen, Laundry, Living Room, Walk-In Closet

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport, Driveway, Concrete, Garage, Garage - Two Door, Oversized, RV Access/Parking, RV Gated, RV Potential, Side by Side
  • Total Parking Spaces: 11.00
  • Uncovered Spaces: 8.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 282.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Walkstreet, Yard
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1722

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 31080.00
  • Gross Scheduled Income: 31080.00
  • Insurance Expense: 950.00
  • Lot Size Area: 7500.0000 Square Feet
  • Net Operating Income: 23884.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7196.00
  • Rent Control: No
  • Total Expenses: 7196.00

Tax Info

  • New Taxes Expense: 5244.00
  • Tax Census Tract: 55.00
  • Tax Lot: 9
  • Tax Tract Number: 55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2023
Sold by
Iniguez Fernando and Iniguez Melissa
Bought by
Iniguez And Gonzalez Family Trust and Iniguez
Current Estimated Value
$678,532

Purchase Details

Closed on
Sep 1, 2022
Sold by
Javier Ballardo Francisco and Javier Sonia
Bought by
Ballardo Francisco and Ballardo Francisco

Purchase Details

Listed on
Jan 27, 2021
Closed on
Mar 24, 2021
Sold by
Medina Omar A
Bought by
Ballardo Francisco Javier and Ballardo Sonia
Seller's Agent
Oscar Interiano
OMI & ASSOCIATES
Buyer's Agent
Vanessa Garcia
Keller Williams Pacific Estates La Mirada
List Price
$399,999
Sold Price
$415,000
Premium/Discount to List
$15,001
3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%
Original Mortgage
$311,250
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2019
Sold by
Patino Senaida
Bought by
Medina Omar A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,600
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 28, 2011
Sold by
Martinez Alvarez Manuel
Bought by
Patino Sanaida

Purchase Details

Closed on
Sep 1, 2010
Sold by
Garcia Sonia S
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 9, 2007
Sold by
Garcia Arturo
Bought by
Garcia Sonia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,450
Interest Rate
6.2%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 5, 2007
Sold by
Bye George H and The George H Bye Trust
Bought by
Garcia Sonia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,450
Interest Rate
6.2%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 9, 2005
Sold by
Bye George H
Bought by
The George H Bye Trust

Purchase Details

Closed on
Dec 21, 2004
Sold by
Lantz Rickie Jay and The Estate Of Mary Ann Bye
Bought by
Bye George H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Iniguez And Gonzalez Family Trust -- None Listed On Document
Ballardo Francisco -- --
Ballardo Francisco Javier $415,000 North American Title Company
Medina Omar A $338,000 Wfg National Title Company
Patino Sanaida -- Ticor Title Company
Patino Senaida $101,500 Ticor Title
Federal Home Loan Mortgage Corporation $72,489 Accommodation
Garcia Sonia S -- Chicago Title Company
Garcia Sonia S $350,000 Chicago Title Company
Bye George H -- Chicago Title Company
The George H Bye Trust -- --
Bye George H $125,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ballardo Francisco Javier $311,250
Previous Owner Medina Omar A $236,600
Previous Owner Garcia Sonia S $52,450
Previous Owner Bye George H $52,450
Previous Owner Garcia Sonia S $262,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2021 04/28/21 Sold $415,000 +3.8% $152 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $399,999 -- $147 / 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 $5,646 $449,209 $135,304 $313,905
2024 $5,646 $440,401 $132,651 $307,750
2023 $5,505 $431,766 $130,050 $301,716
2022 $5,518 $423,300 $127,500 $295,800
2021 $4,669 $348,332 $103,057 $245,275
2020 $4,965 $344,760 $102,000 $242,760
2019 $1,637 $113,724 $22,520 $91,204
2018 $1,619 $111,494 $22,078 $89,416
2017 $1,570 $109,308 $21,645 $87,663
2016 $1,523 $107,165 $21,221 $85,944
2015 $1,400 $105,555 $20,902 $84,653
2014 $1,361 $103,488 $20,493 $82,995
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21012144

California Regional Multiple Listing Service (CRMLS)

APN: 0145-243-04