NOT LISTED FOR SALE

Estimated Value: $1,255,000 - $1,449,000

10 Beds
6 Baths
3,625 Sq Ft
$368/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $1,050,000 $290 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $8,191/month

Highlights

  • New Construction
  • Double Pane Windows
  • Landscaped
  • No HOA
  • Laundry Room
  • ENERGY STAR Qualified Appliances

About This Home

As of March 2021

Very desirable, income producing duplex. This duplex consists of two (2) 5-Bedroom / 3-Bathroom units. The property has one single car garage located at the front of the property and a two car garage located in the rear of the property. This design allows each unit to have the luxury of a garage. Each unit includes dual pane vinyl windows, granite counter tops, wood cabinets throughout, tile flooring in kitchens and baths, mirrored closet doors, carpeted bedrooms, and forced heat throughout both units. The property will be beautifully landscaped to include an artificial lawn to minimize maintenance and water usage. This is new construction, no rent control! Agents bring your investors!

Last Agent to Sell the Property

Andy Zuppardo

Crystal View Realty License #01927358 Listed on: 03/22/2021

Last Buyer's Agent

Andy Zuppardo

Crystal View Realty License #01927358 Listed on: 03/22/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 5,516 Sq Ft Lot
  • 1 Common Wall
  • Landscaped

Parking

  • 2 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Duplex
  • Turnkey

Interior Spaces

  • 3,625 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • ENERGY STAR Qualified Windows

Kitchen

  • Gas Range
  • ENERGY STAR Qualified Appliances

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • ENERGY STAR Qualified Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, telephone, trash collection
  • Tax Lot 34
  • Tax Tract Number 2397
  • Assessor Parcel Number 5116003035

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $76,800
  • Net Operating Income $76,800

Property Details

Home Type

Multi-Family

Year Built

Built in 2020 | New Construction

Lot Details

5,516 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Zoning: R2
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5116003035
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 289.66
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Gas Range
  • Heating Type: Central, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 5516.00
  • Lot Size Acres: 0.1266

Rental Info

  • Tenant Pays: Cable TV, Electricity, Telephone, Trash Collection

Multi Family

  • Gross Income: 76800.00
  • Gross Scheduled Income: 76800.00
  • Lot Size Area: 5516.0000 Square Feet
  • Net Operating Income: 76800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 34
  • Tax Tract Number: 2397

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
May 29, 2020
Sold by
Flores Ismael
Bought by
Ocean Development Inc
Seller's Agent
Costanza Genoese Zerbi
eXp Realty of Greater Los Angeles
Buyer's Agent
Alex Carrillo
Realty One Group Diamond
List Price
$414,000
Sold Price
$420,000
Premium/Discount to List
$6,000
1.45%
Current Estimated Value
$1,334,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$914,866
Avg. Annual Appreciation
22.36%

Purchase Details

Closed on
Feb 28, 2013
Sold by
Flores Raymundo and Flores Ismael
Bought by
Flores Ismael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,517
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 19, 1999
Sold by
Ramirez Fredis M
Bought by
Flores Raymundo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,937
Interest Rate
7.76%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 3, 1995
Sold by
Stafford John G and Stafford Thoma T
Bought by
Ramirez Tredis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,395
Interest Rate
7.38%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ocean Development Inc $420,000 First American Title Company
Flores Ismael -- Lawyers Title
Flores Raymundo $130,000 Fidelity National Title Co
Ramirez Tredis M $105,000 South Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flores Ismael $204,517
Previous Owner Flores Raymundo $128,937
Previous Owner Ramirez Tredis M $94,395
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2021 03/26/21 Sold $1,050,000 -2.8% $290 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $1,080,000 +157.1% $298 / Sq Ft
06/30/2020 06/30/20 Sold $420,000 +1.4% $325 / Sq Ft View Prior Sale
05/26/2020 05/26/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $414,000 -- $320 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $14,043 $1,136,553 $595,337 $541,216
2024 $13,830 $1,114,268 $583,664 $530,604
2023 $13,565 $1,092,420 $572,220 $520,200
2022 $12,937 $1,071,000 $561,000 $510,000
2021 $5,267 $424,350 $339,480 $84,870
2020 $2,666 $199,030 $107,263 $91,767
2019 $2,569 $195,128 $105,160 $89,968
2018 $2,485 $191,303 $103,099 $88,204
2016 $2,365 $183,877 $99,097 $84,780
2015 $2,333 $181,116 $97,609 $83,507
2014 $2,349 $177,569 $95,697 $81,872
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21060052

California Regional Multiple Listing Service (CRMLS)

APN: 5116-003-035

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