NOT LISTED FOR SALE

Estimated Value: $744,000 - $943,000

3 Beds
2 Baths
1,224 Sq Ft
$698/Sq Ft Est. Value

Last Sold September 27, 2022

Last sale price $685,000 $560 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,559/month

65 Days on Market

Highlights

  • Walk-In Closet
  • Cooling System Mounted To A Wall/Window
  • Bungalow
  • Garvey (Richard) Intermediate School Rated A-
  • Laundry Room
  • Ceiling Fan

About This Home

As of September 2022

Located on a cul-de-sac, this property offers two houses on the lot and many opportunities for the discerning Buyer who may be either an investor looking for an income stream or an owner occupant who may live in one or both houses. The front house is a spacious 1 bedroom and 1 bath. The current tenant is paying $950 per month. Features include a covered front porch, living room, kitchen with formica counters, built-in range and double oven, spacious bedroom with ceiling fan and walk-in closet, full bath with tiled shower, laundry room and laminate wood flooring.The back house has 2 bedrooms and 1 bath. The current tenant is paying $1,000 per month. Features include a large living room, kitchen with formica counters and washer/dryer hookups, 2 spacious bedrooms, one bath with a pedestal sink, and laminate wood flooring.Additional amenities include wall heaters and air conditioners, carport with four spaces, greenbelt in the front yard and a side yard with a brick patio.The property is located just west of Del Mar and has easy access to the 10 Freeway. Please do not walk onto the property without an appointment. Both houses are currently occupied.

Last Agent to Sell the Property

Matthew Bryant

M&M Bryant Real Estate Inc License #01302873 Listed on: 07/11/2022

M&M Bryant Real Estate Inc

Last Buyer's Agent

Matthew Bryant

M&M Bryant Real Estate Inc License #01302873 Listed on: 07/11/2022

M&M Bryant Real Estate Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,023

Year Built

  • Built in 1923

Lot Details

  • 5,327 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • No Sprinklers

Home Design

  • Duplex
  • Bungalow
  • Composition Roof

Interior Spaces

  • 1,224 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laminate Flooring
  • Formica Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Tract Number 482
  • Assessor Parcel Number 5360045030

Community Details

Overview

  • 2 Buildings

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Trash Expense $100
  • Operating Expense $18,060
  • Gross Income $51,600
  • Net Operating Income $33,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,023

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Architectural Style: Bungalow
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5360045030
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Formica Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 570.26
  • Room Type: Walk-In Closet, All Bedrooms Down, Laundry, Kitchen

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

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

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 5327.00
  • Lot Size Acres: 0.1223

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 51600.00
  • Gross Scheduled Income: 51600.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 5327.0000 Square Feet
  • Net Operating Income: 33540.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Operating Expense: 18060.00
  • Rent Control: Yes
  • Total Expenses: 18060.00

Tax Info

  • Tax Lot: 0000
  • Tax Tract: 3004
  • Tax Tract Number: 482...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2024
Sold by
Wiseman William
Bought by
Wiseman William
Current Estimated Value
$862,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,165
Outstanding Balance
$256,507
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$598,214

Purchase Details

Listed on
Jul 11, 2022
Closed on
Sep 21, 2022
Sold by
Alfred Navarro And Susie S Navarro 2002
Bought by
Wiseman William
Seller's Agent
Matthew Bryant
M&M Bryant Real Estate Inc
Buyer's Agent
Matthew Bryant
Berkshire Hathaway HomeServices California Properties
List Price
$698,000
Sold Price
$685,000
Premium/Discount to List
-$13,000
-1.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Original Mortgage
$487,500
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2002
Sold by
Navarro Alfred and Navarro Susie S
Bought by
Navarro Alfred and Navarro Susie S
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wiseman William $685,000 Lawyers Title
Wiseman William $685,000 Lawyers Title
Wiseman William -- Lawyers Title
Navarro Alfred -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiseman William $259,165
Previous Owner Wiseman William $487,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2022 09/27/22 Sold $685,000 -1.9% $560 / Sq Ft
07/11/2022 07/11/22 For Sale $698,000 -- $570 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $10,023 $860,000 $516,000 $344,000
2024 $10,023 $698,700 $558,960 $139,740
2023 $9,672 $685,000 $548,000 $137,000
2022 $1,269 $50,532 $26,537 $23,995
2021 $1,253 $49,542 $26,017 $23,525
2020 $1,244 $49,035 $25,751 $23,284
2019 $1,222 $48,075 $25,247 $22,828
2018 $1,131 $47,133 $24,752 $22,381
2016 $1,056 $45,305 $23,792 $21,513
2015 $1,041 $44,625 $23,435 $21,190
2014 $1,043 $43,751 $22,976 $20,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-10395

Pasadena-Foothills Association of REALTORS®

APN: 5360-045-030