$1,429,000
$70K PRICE DROP

Estimated payment $8,612/month

Total Views 5,129
8 Beds
6 Baths
3,199 Sq Ft
$447 Price per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • Accessible Parking
  • California High School Rated A-
  • More Than Two Accessible Exits
  • Tile Flooring

About This Home

Great investment opportunity! Own this three unit income property. Two permitted units, one non permitted unit. These are three homes on a lot which can be used for a large family or for income. All turnkey on a month-to-month lease. New roof installed in 2024. Front house features 3 beds, 3 baths and kitchen granite counter tops. Second house features 3 beds, 2 baths, granite counter tops and washer/dryer hook up under private covered patio and fenced yard. Third house features 2 beds, 1 bath, washer/dryer hook up outside under awning.

Listing Agent

Belle Flores

COLDWELL BANKER UNITED Brokerage Phone: 562-544-5305 License #01192807 Listed on: 06/26/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,450

Year Built

  • Built in 1948

Lot Details

  • 9,271 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex

Interior Spaces

  • 3,199 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • Garage
  • Parking Available
  • Front Facing Garage
  • Driveway Level

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Location

  • Suburban Location

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 10298
  • Assessor Parcel Number 8026023002
  • $919 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $3,720
  • Fuel Expense $1,560
  • Insurance Expense $1,130
  • Trash Expense $720
  • Water Sewer Expense $1,380
  • Operating Expense $8,510
  • Gross Income $85,200
  • Net Operating Income $76,690

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,450

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 476333
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 1380.00
  • Zoning: LCA1*
  • Architectural Style: Ranch
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 8026023002
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Accessibility Features: 2+ Access Exits, Parking
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 446.70
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Block
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Paved, Driveway Level, Garage Faces Front

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 720.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9271.00
  • Lot Size Acres: 0.2128

Rental Info

  • Tenant Pays: None

Multi Family

  • Electric Expense: 3720.00
  • Fuel Expense: 1560.00
  • Gross Income: 85200.00
  • Gross Scheduled Income: 85200.00
  • Insurance Expense: 1130.00
  • Lot Size Area: 9271.0000 Square Feet
  • Net Operating Income: 76690.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 8510.00
  • Rent Control: Yes
  • Total Actual Rent: 7100.00
  • Total Expenses: 8510.00

Tax Info

  • Tax Census Tract: 5030.00
  • Tax Lot: 21
  • Tax Tract Number: 10298
  • TaxOtherAnnualAssessmentAmount: 919.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $9,450 $749,481 $461,220 $288,261
2024 $9,450 $734,786 $452,177 $282,609
2023 $8,990 $720,379 $443,311 $277,068
2022 $9,060 $706,255 $434,619 $271,636
2021 $8,874 $692,408 $426,098 $266,310
2019 $8,722 $671,872 $413,460 $258,412
2018 $8,392 $663,000 $408,000 $255,000
2016 $6,907 $544,336 $336,200 $208,136
2015 $6,735 $536,160 $331,150 $205,010
2014 $6,144 $480,000 $270,000 $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 Price Changed $1,429,000 -4.7% $447 / Sq Ft
06/26/2025 06/26/25 For Sale $1,499,000 +163.4% $469 / Sq Ft
09/14/2016 09/14/16 Sold $569,000 -1.9% $259 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
02/09/2016 02/09/16 For Sale $580,000 -- $264 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $569,000 Lawyers Title Insurance Corp
Interfamily Deed Transfer -- First American Title Ins Co
Grant Deed $380,000 First American Title Ins Co
Trustee Deed $386,750 None Available
Grant Deed $530,000 Investors Title Company
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Security Union Title
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed $139,000 Fidelity Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $547,000 New Conventional
Closed $559,218 FHA
Previous Owner $558,693 FHA
Previous Owner $361,000 Purchase Money Mortgage
Previous Owner $424,000 Balloon
Previous Owner $315,800 Purchase Money Mortgage
Previous Owner $255,500 New Conventional
Previous Owner $189,700 New Conventional
Previous Owner $156,750 FHA
Previous Owner $149,850 FHA
Previous Owner $137,174 FHA
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25129883

California Regional Multiple Listing Service (CRMLS)

APN: 8026-023-002