NOT LISTED FOR SALE

Estimated Value: $855,000 - $1,315,000

3 Beds
2 Baths
1,964 Sq Ft
$526/Sq Ft Est. Value

Last Sold July 11, 2016

Last sale price $495,000 $252 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $6,213/month

1 Day on Market

About This Home

As of July 2016

Commercial zoned property just South of Pico Blvd.- 2-car tandem parking - Tenants pay all utilities! Owner pays insurance and property taxes.

Last Agent to Sell the Property

David Rosenfeld

Advantage Real Estate License #01109090 Listed on: 06/01/2016

Co-Listed By

Yolanda Peraza

Rodeo Realty- Brentwood License #01265340

Last Buyer's Agent

David Rosenfeld

Advantage Real Estate License #01109090 Listed on: 06/01/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,002

Year Built

  • Built in 1900

Lot Details

  • 1,638 Sq Ft Lot

Home Design

  • 1,964 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Carport

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5074-001-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,002

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Commercial zoned property just South of Pico Blvd.- 2-car tandem parking - Tenants pay all utilities! Owner pays insurance and property taxes.
  • Living Area: 1964
  • Year Built: 1900
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 254.07

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 2

Fee Information

  • Insurance Expense: 845.00

Lot Info

  • Assessed Improvement Value: 26650
  • Assessed Land Value: 186550
  • Assessor Parcel Number: 5074-001-012
  • Geocode Override: No
  • Lot Size Area: 1638

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.12
  • Number Of Units: 2
  • Total Annual Expense: 7083
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 6237.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2016
Closed on
Jul 6, 2016
Sold by
Invest Re 29 Llc
Bought by
Mauricio Ruben David Gonzalez
Seller's Agent
David Rosenfeld
Advantage Real Estate
Buyer's Agent
David Rosenfeld
Advantage Real Estate
List Price
$499,000
Sold Price
$495,000
Premium/Discount to List
-$4,000
-0.8%
Current Estimated Value
$1,032,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$537,916
Avg. Annual Appreciation
8.42%
Original Mortgage
$375,000
Interest Rate
3.64%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 25, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Invest Re 29 Llc

Purchase Details

Closed on
May 13, 2008
Sold by
Magana Alfonso
Bought by
Deutsche Bank National Trust Co and Gsr 2006-Oai

Purchase Details

Closed on
Apr 25, 2005
Sold by
Gonzalez Laura
Bought by
Magana Alfonso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 20, 2004
Sold by
Magana Alfonso
Bought by
Magana Alfonso and Gonzalez Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2004
Sold by
Arana Ludwig I
Bought by
Magana Alfonso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2004
Sold by
Arana Ludwig I
Bought by
Arana Ludwig I and Gonzalez Purcell Diana

Purchase Details

Closed on
Mar 20, 2003
Sold by
Hud
Bought by
Magana Alfonso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,600
Interest Rate
9.75%

Purchase Details

Closed on
Sep 17, 2002
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Jun 19, 2002
Sold by
Gomez Juan
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Feb 22, 2000
Sold by
Marroquin Olga
Bought by
Gomez Juan and Ore Felipe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,487
Interest Rate
8.21%
Mortgage Type
FHA
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
Mauricio Ruben David Gonzalez $495,000 North American Title Company
Invest Re 29 Llc $200,000 Landsafe Title
Deutsche Bank National Trust Co $424,950 Landsafe Title
Magana Alfonso -- United Title Company
Magana Alfonso -- United Title Company
Magana Alfonso $380,000 United Title Company
Arana Ludwig I -- --
Magana Alfonso $207,000 Stewart Title
Hud -- First American Title Ins Co
Chase Manhattan Mtg Corp $230,940 First American Title Ins Co
Gomez Juan $185,000 South Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mauricio Ruben David Gonzalez $278,160
Closed Mauricio Ruben David Gonzalez $375,000
Previous Owner Magana Alfonso $73,000
Previous Owner Magana Alfonso $532,000
Previous Owner Magana Alfonso $500,000
Previous Owner Magana Alfonso $361,000
Previous Owner Arana Ludwig I $275,000
Previous Owner Magana Alfonso $165,600
Previous Owner Gomez Juan $183,487
Previous Owner Marroquin Olga $116,450
Closed Magana Alfonso $41,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2016 07/11/16 Sold $495,000 -0.8% $252 / Sq Ft
06/02/2016 06/02/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $499,000 -- $254 / Sq Ft
Source: The MLS

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 $7,002 $574,484 $348,173 $226,311
2024 $7,002 $563,221 $341,347 $221,874
2023 $6,871 $552,178 $334,654 $217,524
2022 $6,557 $541,352 $328,093 $213,259
2021 $6,466 $530,738 $321,660 $209,078
2019 $6,274 $514,998 $312,120 $202,878
2018 $6,231 $504,900 $306,000 $198,900
2016 $2,743 $216,450 $189,394 $27,056
2015 $2,704 $213,200 $186,550 $26,650
2014 $2,726 $209,024 $182,896 $26,128
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-131276

The MLS

APN: 5074-001-012