NOT LISTED FOR SALE

Estimated Value: $949,537 - $1,701,000

8 Beds
5 Baths
2,896 Sq Ft
$423/Sq Ft Est. Value

Last Sold October 21, 2020

Last sale price $760,000 $262 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $7,356/month

30 Days on Market

Highlights

  • No HOA
  • Central Heating
  • Level Lot
  • Laundry Room

About This Home

As of October 2020

Fantastic investment opportunity! Front unit is 5 bedroom 3.5 bath and the back unit is 3 bedroom 1 bath. Granite counters in the kitchens. Each unit with private laundry Built in 2012!! Live in one and rent the other. 3 car garage.

Last Agent to Sell the Property

Deborah Kemp

RE/MAX One License #00988086 Listed on: 08/13/2020

RE/MAX One

Last Buyer's Agent

Carlos Boche

Hills Realty License #01292954

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,112

Year Built

  • Built in 2012

Lot Details

  • 5,399 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Parking

  • 4 Open Parking Spaces
  • 3 Car Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • 2,896 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Location

  • Urban Location

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 271
  • Tax Tract Number 2
  • Assessor Parcel Number 5104026002

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $20,016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,112

Year Built

Built in 2012

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5104026002
  • Year Built: 2012
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Levels: Two
  • Price Per Square Foot: 262.43

Exterior Features

  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Two Door
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 5399.00
  • Lot Size Acres: 0.1239

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 20016.00
  • Gross Scheduled Income: 20016.00
  • Lot Size Area: 5399.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2291.00
  • Tax Lot: 271
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2023
Sold by
Serrano Miriam
Bought by
Holdings By Zoe Llc
Current Estimated Value
$1,223,634

Purchase Details

Listed on
Aug 13, 2020
Closed on
Oct 14, 2020
Sold by
Trammell Lance L
Bought by
Serrano Miriam
Seller's Agent
Deborah Kemp
RE/MAX One
Buyer's Agent
Carlos Boche
Hills Realty
List Price
$789,000
Sold Price
$760,000
Premium/Discount to List
-$29,000
-3.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.08%
Original Mortgage
$570,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2012
Sold by
Ocean Development Inc
Bought by
Trammell Lance L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,505
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 20, 2011
Sold by
Keniston Llc
Bought by
Ocean Development Inc

Purchase Details

Closed on
Jan 27, 2011
Sold by
Smith Dorothy C and Estate Of Bessie E Ludlow
Bought by
Keniston Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 2010
Sold by
Smith Ronald E
Bought by
Smith Dorothy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage
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
Holdings By Zoe Llc -- None Listed On Document
Serrano Miriam $760,000 Corinthian Title Company
Trammell Lance L $469,000 Lawyers Title
Ocean Development Inc $110,000 Fidelity National Title Co
Keniston Llc $116,000 Lawyers Title
The Estate Of Bessie E Ludlow -- Lawyers Title Company
Smith Dorothy C -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Serrano Miriam $570,000
Previous Owner Trammell Lance L $460,505
Previous Owner The Estate Of Bessie E Ludlow $121,500
Previous Owner Smith Dorothy C $121,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2020 10/21/20 Sold $760,000 -3.7% $262 / Sq Ft
09/12/2020 09/12/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $789,000 -- $272 / 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 $10,112 $940,440 $665,040 $275,400
2024 $10,112 $806,516 $362,932 $443,584
2023 $9,920 $790,703 $355,816 $434,887
2022 $9,464 $775,200 $348,840 $426,360
2021 $10,098 $760,000 $342,000 $418,000
2019 $6,400 $517,724 $209,738 $307,986
2018 $6,284 $507,574 $205,626 $301,948
2016 $5,981 $487,867 $197,643 $290,224
2015 $5,894 $480,540 $194,675 $285,865
2014 $5,921 $471,128 $190,862 $280,266
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20164035

California Regional Multiple Listing Service (CRMLS)

APN: 5104-026-002