NOT LISTED FOR SALE

Estimated Value: $685,000 - $831,000

2 Beds
2 Baths
1,116 Sq Ft
$684/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $666,000 $597 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,038/month

4 Days on Market

Highlights

  • 0.24 Acre Lot
  • Main Floor Bedroom
  • Lawn
  • Wood Flooring
  • Bonus Room
  • No HOA

About This Home

As of December 2021

Great Investment Opportunity to own this 2-Story Duplex. This property is located on a huge lot measuring 10,467 Sq Ft providing for great ADU/Multi-Unit opportunity. It consist of 2 attached units approximately 550 sq ft each. Each unit is 2-Story with 2*-bedrooms and 1-bathroom. The 2nd bedrooms are upstairs bonus rooms with closets. It also includes a Laundry room. There is a detached 3-Car garage. Both units need some TLC. GREAT Investor Opportunity!

Last Agent to Sell the Property

Donna Tatum

First Team Real Estate - Cerritos License #01962390 Listed on: 10/25/2021

Last Buyer's Agent

Christine Tran

Freedom Realty & Finance License #00996419

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,021

Year Built

  • Built in 1912

Lot Details

  • 10,467 Sq Ft Lot
  • 1 Common Wall
  • Level Lot
  • Lawn
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Three Garage Doors
  • Driveway Level

Home Design

  • Property Attached

Interior Spaces

  • 1,116 Sq Ft Home
  • Living Room
  • Bonus Room
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Bathrooms

Utilities

  • No Heating
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, gas, HVAC maintenance, insurance, repairs, sewer, trash collection, water
  • Legal Lot and Block 30 / 12
  • Tax Tract Number 1833
  • Assessor Parcel Number 7431024016
  • $384 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $200
  • Net Operating Income $800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,021

Year Built

Built in 1912

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: Donna Tatum
  • Other Phone Number: 310-714-6575
  • Price Per Unit: 300000
  • Property Attached: Yes
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7431024016
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 596.77
  • Room Type: Bonus Room, Kitchen, Laundry, Living Room, Main Floor Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway Level, Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Common Area, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Lawn, Level with Street, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10467.00
  • Lot Size Acres: 0.2403

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, HVAC Maintenance, Insurance, Repairs, Sewer, Trash Collection, Water

Multi Family

  • Gross Scheduled Income: 1000.00
  • Lot Size Area: 10467.0000 Square Feet
  • Net Operating Income: 800.00
  • 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: 200.00
  • Rent Control: No
  • Total Expenses: 200.00

Tax Info

  • Tax Block: 12
  • Tax Census Tract: 5729.00
  • Tax Lot: 30
  • Tax Tract Number: 1833
  • TaxOtherAnnualAssessmentAmount: 384.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Dec 21, 2021
Sold by
Takeuchi Sadao and Takeuchi Debra Ann
Bought by
Takeuchi Debra Ann
Seller's Agent
Donna Tatum
First Team Real Estate - Cerritos
Buyer's Agent
Christine Tran
Freedom Realty & Finance
List Price
$600,000
Sold Price
$666,000
Premium/Discount to List
$66,000
11%
Total Days on Market
4
Current Estimated Value
$763,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,541
Avg. Annual Appreciation
4.41%
Original Mortgage
$446,200
Outstanding Balance
$418,142
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$355,194

Purchase Details

Listed on
Oct 25, 2021
Closed on
Dec 16, 2021
Sold by
Takeuchi Debra Ann
Bought by
Nguyen Kevin
Seller's Agent
Donna Tatum
First Team Real Estate - Cerritos
Buyer's Agent
Christine Tran
Freedom Realty & Finance
List Price
$600,000
Sold Price
$666,000
Premium/Discount to List
$66,000
11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,200
Outstanding Balance
$418,142
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$355,194

Purchase Details

Closed on
Oct 11, 2005
Sold by
Takeuchi Sadao
Bought by
Takeuchi Sadao
Source: Public Records

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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
Nguyen Kevin $666,000 Wfg National Title Company
Takeuchi Sadao -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Kevin $446,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 Sold $666,000 +11.0% $597 / Sq Ft
10/25/2021 10/25/21 For Sale $600,000 -- $538 / 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
2024 $9,021 $692,906 $520,200 $172,706
2023 $8,869 $679,320 $510,000 $169,320
2022 $8,324 $666,000 $500,000 $166,000
2021 $733 $43,202 $37,569 $5,633
2019 $718 $41,922 $36,455 $5,467
2018 $662 $41,101 $35,741 $5,360
2016 $606 $39,506 $34,354 $5,152
2015 $587 $38,913 $33,838 $5,075
2014 $597 $38,152 $33,176 $4,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS21235193

California Regional Multiple Listing Service (CRMLS)

APN: 7431-024-016