NOT LISTED FOR SALE

Estimated Value: $688,000 - $821,000

3 Beds
2 Baths
1,020 Sq Ft
$729/Sq Ft Est. Value

Last Sold October 25, 2013

Last sale price $350,000 $343 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $4,438/month

89 Days on Market

Highlights

  • City Lights View
  • Corner Lot
  • Two Homes on a Lot
  • Traditional Architecture
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

As of October 2013

Wonderful Opportunity for Owner/User..... 2 seperate houses on one lot. Front house is 1 bed 1 bath w/ an attached service porch off of the kitchen-could be used as a laundry room... LONG term tenant of over 20+ years in there. Back house shows as a 1 bed/1 bath on tax rolls, but is now a 2 bed/1 bath from previous owner.... Newer upgrades such as ceramic tiled flooring and white textured walls. Kitchen has an eating area and rear access door to outside patio. Detached single car garage is off of the back house. Corner lot location and Great Rental Area !!!

Last Agent to Sell the Property

Clare Corcoran

Re/Max R. E. Specialists License #01014966 Listed on: 06/03/2013

Re/Max R. E. Specialists

Last Buyer's Agent

Vince Velez

Golden Feather Investments, Inc License #00950532

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 2,668 Sq Ft Lot
  • Lot Dimensions are 29 x 90
  • Property fronts an alley
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • Corner Lot

Parking

  • 1 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Traditional Architecture
  • Cottage
  • Entry on the 1st floor
  • Fixer Upper
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,020 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Living Room
  • Carpet
  • City Lights Views
  • Fire and Smoke Detector
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Accessible Home Design

  • Customized Wheelchair Accessible
  • More Than Two Accessible Exits
  • Ramp on the main level

Additional Homes

  • Two Homes on a Lot

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Legal Lot and Block 104 / B
  • Tax Tract Number 8898
  • Assessor Parcel Number 6260002056

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Built by 2 ON 1

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $600
  • New Taxes Expense $3,260
  • Gross Income $2,100
  • Net Operating Income $2,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Inclusions: Back house Window Air Conditioner
  • Property Attached: No
  • Road Frontage Type: Alley
  • Security: Smoke Detector(s)
  • View: Yes
  • Zoning: r2
  • Architectural Style: Cottage, Traditional
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 6260002056
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Accessibility Features: 2+ Access Exits, Ramp - Main Level, Customized Wheelchair Accessible
  • Appliances: No
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 343.14
  • Room Type: Living Room
  • Window Features: Blinds

Exterior Features

  • Foundation: Raised
  • Other Structures: Two On A Lot
  • View: City Lights
  • Fencing: Block, Wood
  • Builder Name: 2 ON 1
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Corner Lot
  • Lot Size: 29 X 90
  • Lot Size Sq Ft: 2668.00
  • Lot Size Acres: 0.0610

Rental Info

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

Multi Family

  • Average1 Bed Area: 540
  • Average Studio Area: 480
  • Gross Income: 2100.00
  • Gross Scheduled Income: 25200.00
  • Insurance Expense: 600.00
  • Lot Size Area: 2668.0000 Square Feet
  • Net Operating Income: 2000.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Patio: 2
  • Operating Expense: 200.00
  • Rent Control: No
  • Total Actual Rent: 2100.00

Tax Info

  • New Taxes Expense: 3260.00
  • Tax Area: 3249
  • Tax Block: B
  • Tax Lot: 104
  • Tax Tract Number: 8898
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2017
Sold by
Leon Jose E and Leon Marta
Bought by
Puebla Bonita Tres Llc
Current Estimated Value
$743,106

Purchase Details

Closed on
Aug 8, 2013
Sold by
Laigo Development Group Llc
Bought by
Leon Jose and Leon Marta

Purchase Details

Closed on
Apr 19, 2011
Sold by
Laigo Raymund and Laigo Thanh Truc
Bought by
Laigo Development Group Llc

Purchase Details

Closed on
Apr 21, 2006
Sold by
Laigo Development Group Llc
Bought by
Laigo Raymund H and Laigo Thanh Truc T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 13, 2005
Sold by
Laigo Raymund and Laigo Thanh Truc
Bought by
Laigo Development Group Llc

Purchase Details

Closed on
Jan 27, 2004
Sold by
Laigo Raymund
Bought by
Laigo Raymund and Laigo Thanh Truc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2002
Sold by
Beck Joanne
Bought by
Laigo Raymund

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.83%

Purchase Details

Closed on
Dec 5, 2001
Sold by
Velazquez Elena and Sainz Lucy
Bought by
Beck Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
7.11%

Purchase Details

Closed on
Jan 5, 1994
Sold by
Sainz Isidro
Bought by
Sainz Lucy and Velasquez Lucy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Puebla Bonita Tres Llc -- None Available
Leon Jose E -- None Available
Leon Jose $350,000 North American Title Co
Laigo Development Group Llc -- None Available
Laigo Raymund H -- First American Title Co
Laigo Development Group Llc -- --
Laigo Raymund -- Investors Title Company
Laigo Raymund $230,000 Fidelity National Title Ins
Beck Joanne $168,000 Fidelity National Title Ins
Sainz Lucy -- North American Title Company
Velazquez Elena -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Laigo Raymund H $230,000
Previous Owner Laigo Raymund $219,000
Previous Owner Laigo Raymund $184,000
Previous Owner Beck Joanne $151,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2013 10/25/13 Sold $350,000 -18.6% $343 / Sq Ft
08/31/2013 08/31/13 Pending -- -- --
06/03/2013 06/03/13 For Sale $429,900 -- $421 / 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 $6,671 $534,774 $227,563 $307,211
2024 $6,671 $524,289 $223,101 $301,188
2023 $6,583 $514,010 $218,727 $295,283
2022 $6,136 $503,933 $214,439 $289,494
2021 $5,992 $494,053 $210,235 $283,818
2020 $5,886 $488,988 $208,080 $280,908
2019 $5,900 $479,400 $204,000 $275,400
2018 $4,688 $377,076 $215,472 $161,604
2016 $4,456 $362,436 $207,106 $155,330
2015 $4,388 $356,993 $203,996 $152,997
2014 -- $350,000 $200,000 $150,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13105999

California Regional Multiple Listing Service (CRMLS)

APN: 6260-002-056