NOT LISTED FOR SALE

Estimated Value: $697,000 - $942,000

5 Beds
4 Baths
7,500 Sq Ft
$102/Sq Ft Est. Value

Last Sold December 18, 2018

Last sale price $400,000 $53 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $4,649/month

41 Days on Market

Highlights

  • Wooded Lot
  • Foothills
  • Paved or Partially Paved Lot
  • Laundry Room

About This Home

As of December 2018

Fantastic income-producing fourplex for sale! Three 1 bed, 1 bath units and one 2 bed 1 bath unit all in good condition with long term tenants already in place. Located within close proximity to the freeway and many shops and restaurants. Great opportunity for an investor!

Last Agent to Sell the Property

Charles Chacon

Keller Williams Realty License #00800790 Listed on: 10/16/2018

Keller Williams Realty

Last Buyer's Agent

BROOKE MACIAS

CITY LIGHTS REALTY License #02002657

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,956

Year Built

  • Built in 1971

Lot Details

  • 7,500 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot
  • Front Yard Sprinklers
  • Wooded Lot

Home Design

  • 7,500 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Propane Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Tax Tract Number 5500
  • Assessor Parcel Number 0146242090000

Community Details

Overview

  • 4 Units
  • Foothills

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $459
  • Fuel Expense $125
  • Insurance Expense $1,200
  • Trash Expense $1,100
  • Water Sewer Expense $1,164
  • New Taxes Expense $5,738
  • Operating Expense $9,786
  • Gross Income $27,000
  • Net Operating Income $23,013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,956

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1164.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0146242090000
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 53.33

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Propane Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1100.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Foothills, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved, Sprinklers In Front, Treed Lot
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1722

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Multi Family

  • Electric Expense: 459.00
  • Fuel Expense: 125.00
  • Gross Income: 27000.00
  • Gross Scheduled Income: 27000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7500.0000 Square Feet
  • Net Operating Income: 23013.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 3987.00
  • Rent Control: No
  • Total Expenses: 9786.00

Tax Info

  • New Taxes Expense: 5738.00
  • Tax Census Tract: 55.00
  • Tax Lot: 0000
  • Tax Tract Number: 005500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2024
Sold by
Campos Rocha and Campos Francisco
Bought by
Casa Mama Antonia Llc
Current Estimated Value
$768,183

Purchase Details

Closed on
Nov 6, 2023
Sold by
Rocha Jaime
Bought by
Rocha Jaime and Chavez Francisco Campos

Purchase Details

Closed on
Oct 22, 2019
Sold by
Rocha Edgar
Bought by
Rocha Jaime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,933
Interest Rate
3.65%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 16, 2018
Closed on
Nov 20, 2018
Sold by
Medrano Margaret J
Bought by
Rocha Jaime and Rocha Edgar
Seller's Agent
Charles Chacon
Keller Williams Realty
Buyer's Agent
BROOKE MACIAS
CITY LIGHTS REALTY
List Price
$409,900
Sold Price
$400,000
Premium/Discount to List
-$9,900
-2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.20%
Original Mortgage
$392,755
Interest Rate
5.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 24, 2001
Sold by
Medrano Margaret J
Bought by
Medrano Margaret J and The Margaret J Medrano Trust

Purchase Details

Closed on
Aug 19, 1999
Sold by
Telian Gregory C
Bought by
Medrano Margaret J and Medrano Telian Margaret J
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
Casa Mama Antonia Llc -- None Listed On Document
Rocha Jaime -- None Listed On Document
Rocha Jaime -- Provident Title Company
Rocha Jaime $400,000 First American Title Co
Medrano Margaret J -- --
Medrano Margaret J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rocha Jaime $405,000
Previous Owner Rocha Jaime $395,933
Previous Owner Rocha Jaime $392,755
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2018 12/18/18 Sold $400,000 +0.3% $53 / Sq Ft
11/26/2018 11/26/18 Pending -- -- --
11/05/2018 11/05/18 Price Changed $399,000 -2.7% $53 / Sq Ft
10/16/2018 10/16/18 For Sale $409,900 -- $55 / 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 $5,956 $474,642 $93,835 $380,807
2024 $5,956 $465,335 $91,995 $373,340
2023 $5,721 $456,211 $90,191 $366,020
2022 $5,732 $447,266 $88,423 $358,843
2021 $5,744 $438,496 $86,689 $351,807
2020 $5,761 $408,000 $81,600 $326,400
2019 $5,255 $400,000 $80,000 $320,000
2018 $2,704 $194,614 $24,740 $169,874
2017 $2,621 $190,798 $24,255 $166,543
2016 $2,543 $187,056 $23,779 $163,277
2015 $2,439 $184,246 $23,422 $160,824
2014 $2,372 $180,637 $22,963 $157,674
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG18251698

California Regional Multiple Listing Service (CRMLS)

APN: 0146-242-09