NOT LISTED FOR SALE

Estimated Value: $1,087,000 - $1,198,986

8 Beds
4 Baths
3,232 Sq Ft
$355/Sq Ft Est. Value

Last Sold June 22, 2022

Last sale price $978,000 $303 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $7,366/month

Highlights

  • Dual Staircase
  • Laundry Room
  • Central Heating
  • No HOA
  • Tile Flooring
  • 1-Story Property

About This Home

As of June 2022

Great investment property. 2014 built duplex. Each is 4 beds and 2 baths. Very well maintained. A must see!

Last Agent to Sell the Property

WENJING HOU

PPR Realty License #01977192 Listed on: 04/22/2022

PPR Realty

Last Buyer's Agent

Habashi Habashi

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate License #00932838

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,554

Year Built

  • Built in 2014

Lot Details

  • 5,468 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,232 Sq Ft Home
  • 1-Story Property
  • Dual Staircase

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Urban Location
  • Central Heating

Listing and Financial Details

  • Tax Lot 633
  • Assessor Parcel Number 6056001015
  • $1,163 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,400
  • Water Sewer Expense $3,600
  • Operating Expense $5,000
  • Gross Income $66,400
  • Net Operating Income $66,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,554

Year Built

Built in 2014

Lot Details

0

Parking

1

Listing Details

  • Price Per Unit: 525000
  • Property Attached: Yes
  • Water Sewer Expenses: 3600.00
  • Zoning: LCR320U*
  • Property Type: Residential Income
  • Parcel Number: 6056001015
  • Year Built: 2014
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: 2 Staircases
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Levels: One
  • Price Per Square Foot: 302.60
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • 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: 2-5 Units/Acre
  • Lot Size Sq Ft: 5468.00
  • Lot Size Acres: 0.1255

Multi Family

  • Gross Income: 66400.00
  • Gross Scheduled Income: 71400.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 5468.0000 Square Feet
  • Net Operating Income: 66400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5000.00
  • Rent Control: Yes
  • Total Expenses: 5000.00

Tax Info

  • Tax Census Tract: 6001.00
  • Tax Lot: 633
  • Tax Tract Number: 0000
  • TaxOtherAnnualAssessmentAmount: 1163.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2019
Closed on
Jan 15, 2020
Sold by
Contreras Gabriela and Contreras Martha Alicia
Bought by
Contreras Gabriela
Seller's Agent
Marietta Anderson
Phoenix RE Consulting
Buyer's Agent
WENJING HOU
PPR Realty
List Price
$775,000
Sold Price
$800,000
Premium/Discount to List
$25,000
3.23%
Current Estimated Value
$1,146,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,747
Avg. Annual Appreciation
6.67%
Original Mortgage
$560,000
Outstanding Balance
$497,823
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$648,924

Purchase Details

Listed on
Oct 9, 2014
Closed on
Nov 17, 2014
Sold by
Davidi Isaac
Bought by
Contreras Gabriela and Contreras Martha Alicia
Seller's Agent
Oscar Morales
OPTION ONE REALTY & INVESTMENT
Buyer's Agent
Allan Maldonado
Allan Maldonado Aguiluz
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%
Original Mortgage
$378,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2011
Sold by
Davidi Investment Group Inc
Bought by
Davidi Isaac

Purchase Details

Closed on
May 27, 2011
Sold by
Lozano Alzelmo
Bought by
Davidi Investment Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2006
Sold by
Lozano Michelle V
Bought by
Lozano Alzelmo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6.36%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 29, 2006
Sold by
Granoff Leon L and The Leon L Granoff Living Trus
Bought by
Lozano Alzelmo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
8.06%
Mortgage Type
Balloon
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
Contreras Gabriela -- Fidelity National Title
Yang Fan $800,000 Fidelity National Title Co
Contreras Gabriela $540,000 Provident Title Company
Davidi Isaac -- Provident Title Company
Davidi Investment Group Inc $120,000 Orange Coast Title Company
Lozano Alzelmo -- Gtc
Lozano Alzelmo $390,000 Gtc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Fan $560,000
Previous Owner Contreras Gabriela $378,000
Previous Owner Davidi Investment Group Inc $90,000
Previous Owner Lozano Alzelmo $78,000
Previous Owner Lozano Alzelmo $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2022 06/22/22 Sold $978,000 -6.9% $303 / Sq Ft
04/22/2022 04/22/22 For Sale $1,050,000 +31.3% $325 / Sq Ft
01/30/2020 01/30/20 Sold $800,000 +3.2% $248 / Sq Ft
12/11/2019 12/11/19 Pending -- -- --
11/29/2019 11/29/19 For Sale $775,000 +43.5% $240 / Sq Ft
12/30/2014 12/30/14 Sold $540,000 -1.8% $166 / Sq Ft
11/12/2014 11/12/14 Pending -- -- --
10/09/2014 10/09/14 For Sale $550,000 -- $169 / 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 $13,554 $1,037,861 $530,604 $507,257
2024 $13,554 $1,017,511 $520,200 $497,311
2023 $13,049 $997,560 $510,000 $487,560
2022 $10,665 $824,452 $566,811 $257,641
2021 $10,543 $808,288 $555,698 $252,590
2020 $8,181 $593,423 $356,054 $237,369
2019 $7,877 $581,788 $349,073 $232,715
2018 $7,739 $570,381 $342,229 $228,152
2016 $7,401 $548,235 $328,941 $219,294
2015 $6,929 $540,000 $500,000 $40,000
2014 $2,086 $122,955 $102,463 $20,492
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV22082872

California Regional Multiple Listing Service (CRMLS)

APN: 6056-001-015