NOT LISTED FOR SALE

Estimated Value: $441,000 - $555,000

3 Beds
2 Baths
1,024 Sq Ft
$465/Sq Ft Est. Value

Last Sold October 04, 2022

Last sale price $400,000 $391 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,939/month

17 Days on Market

Highlights

  • Granite Countertops
  • Laundry Room
  • Tile Flooring
  • Private Yard
  • Accessible Parking
  • Ceiling Fan

About This Home

As of October 2022

Duplex opportunity, Live in the front and rent the back. These spacious homes are perfect for anyone looking for investment opportunities. Home in the front is spacious features 2 bedroom and 1 bath while the back unit is 1 bedroom 1 bath. property has plenty of space and room for storage. Home is l near dining and 215 freeway.

Last Agent to Sell the Property

Kevin Watson

RE/MAX TIME REALTY License #01820631 Listed on: 08/05/2022

RE/MAX TIME REALTY

Last Buyer's Agent

MARIA MEZA

MARIA MEZA, BROKER License #01817203

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 6,800 Sq Ft Lot
  • No Common Walls
  • Private Yard
  • Lawn
  • Front Yard
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Turnkey

Interior Spaces

  • 1,024 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Accessible Parking
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 4 / B
  • Tax Tract Number 5602
  • Assessor Parcel Number 0140171370000
  • $749 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $336
  • Water Sewer Expense $1,380
  • Operating Expense $2,916
  • Gross Income $21,000
  • Net Operating Income $18,084

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1380.00
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0140171370000
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Accessibility Features: Parking
  • Levels: One
  • Price Per Square Foot: 390.62
  • Room Type: All Bedrooms Down, Kitchen

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 336.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Lawn, Yard
  • Lot Size Sq Ft: 6800.00
  • Lot Size Acres: 0.1561

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 21000.00
  • Gross Scheduled Income: 21000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6800.0000 Square Feet
  • Net Operating Income: 18084.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 2916.00
  • Rent Control: No
  • Total Expenses: 2916.00

Tax Info

  • Tax Block: B
  • Tax Census Tract: 56.02
  • Tax Lot: 4
  • Tax Tract Number: 5602
  • TaxOtherAnnualAssessmentAmount: 749.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Aug 24, 2022
Sold by
Gonzalez Jose G and Gonzalez Irma S
Bought by
Meza Adrian and Meza Alberto
Seller's Agent
Kevin Watson
RE/MAX TIME REALTY
Buyer's Agent
MARIA MEZA
MARIA MEZA, BROKER
List Price
$400,000
Sold Price
$400,000
Views
34
Current Estimated Value
$476,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,100
Avg. Annual Appreciation
5.49%
Original Mortgage
$340,000
Outstanding Balance
$324,050
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$152,050

Purchase Details

Closed on
Sep 15, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Gonzalez Jose G and Gonzalez Irma S

Purchase Details

Closed on
Jul 10, 2008
Sold by
Deharo Domingo
Bought by
Deutsche Bank National Trust Co and Securitized Asset Backed Receivables Llc

Purchase Details

Closed on
Oct 19, 2006
Sold by
Precie and Hill
Bought by
Deharo Domingo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,720
Interest Rate
7.57%
Mortgage Type
Balloon
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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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
Meza Adrian $400,000 Orange Coast Title
Gonzalez Jose G $90,000 Old Republic Title Company
Deutsche Bank National Trust Co $156,823 None Available
Deharo Domingo $316,000 Community Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meza Adrian $340,000
Previous Owner Deharo Domingo $252,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2022 10/04/22 Sold $400,000 0.0% $391 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $400,000 -- $391 / 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 $5,425 $416,160 $124,848 $291,312
2024 $5,425 $408,000 $122,400 $285,600
2023 $5,113 $400,000 $120,000 $280,000
2022 $3,222 $241,484 $72,809 $168,675
2021 $2,737 $198,800 $59,700 $139,100
2020 $2,769 $198,800 $59,700 $139,100
2019 $2,664 $193,000 $58,000 $135,000
2018 $2,101 $148,400 $44,300 $104,100
2017 $2,010 $143,400 $42,800 $100,600
2016 $1,865 $134,000 $40,000 $94,000
2015 $1,644 $124,000 $37,000 $87,000
2014 $1,381 $105,000 $32,000 $73,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22172972

California Regional Multiple Listing Service (CRMLS)

APN: 0140-171-37