NOT LISTED FOR SALE

Estimated Value: $721,374 - $764,000

4 Beds
3 Baths
1,982 Sq Ft
$376/Sq Ft Est. Value

Last Sold October 12, 2016

Last sale price $370,000 $187 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,510/month

49 Days on Market

About This Home

As of October 2016

$$$$$$ ATTENTION AGENT & INVESTOR, BIG REDUCTION PRICE $$$$$$$, GREAT INCOME PROPERTY FOR YOUR INVESTOR, PROPERTY FEATURES 3 UNITS, FIRST IS 2 BEDS & 1 BATH COLLECTING $1,288, SECOND UNIT IS 1 BED & 1 BATH COLLECTING $927 AND LAST UNIT IS 1 BED & 1 BATH COLLECTING $ 700. SELLER WILL BE SOLD WITH ALL TENANTS IN POSSESSION AND IN AS IS CONDITIONS. UNITS ARE LOCATED CLOSE TO SHOPPING, SCHOOLS AND FREEWAYS.

Last Agent to Sell the Property

David Guizado

First Family Homes License #01490126 Listed on: 06/15/2016

Last Buyer's Agent

David Guizado

First Family Homes License #01490126 Listed on: 06/15/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,469

Year Built

  • Built in 1913

Lot Details

  • 5,200 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • 1,982 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 2328
  • Assessor Parcel Number 5101034008

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $2,400
  • New Taxes Expense $2,783
  • Gross Income $2,915
  • Net Operating Income $28,597

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,469

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Other Phone Description: 5628225397
  • Other Phone Number: 5628225397
  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Parcel Number: 5101034008
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 186.68

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5200.00
  • Price Per Lot Square Foot: 72.12

Multi Family

  • Gross Income: 2915.00
  • Gross Scheduled Income: 34980.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 28597.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 6383.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 2783.00
  • Tax Lot: 8
  • Tax Tract Number: 2328

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2020
Sold by
Jiang Andy Xiaodong
Bought by
Revocable Living Trust Of Andy Xiaodong Jiang and Jiang
Current Estimated Value
$740,554

Purchase Details

Closed on
Aug 9, 2016
Sold by
Maral Investment Group Llc
Bought by
Jiang Andy Xiaodong and Cao Wei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2010
Sold by
Dalili Nader and Shanjani Ziba Sami
Bought by
Maral Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 2009
Sold by
First Horizon Home Loans
Bought by
Dalili Nader and Shanjani Ziba Sami

Purchase Details

Closed on
Apr 17, 2009
Sold by
Alvarado Joel J
Bought by
First Horizon Home Loans

Purchase Details

Closed on
Jun 9, 2004
Sold by
Bennett Melvin
Bought by
Alvarado Joel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2003
Sold by
Lee Virgil
Bought by
Bennett Melvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,250
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2002
Sold by
R & R Affiliates Inc
Bought by
Lee Virgil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,292
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 22, 2001
Sold by
Matrix Capital Bank
Bought by
R & R Affiliates Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.98%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 14, 2000
Sold by
Molina Alfredo C and Castaneda Olivia
Bought by
Matrix Capital Bank

Purchase Details

Closed on
Aug 22, 1999
Sold by
Castaneda Ruben Israel Rangel
Bought by
Molina Alfredo Cruz and Castaneda Olivia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,700
Interest Rate
7.56%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 11, 1997
Sold by
Belmonte Miguel
Bought by
Molina Alfredo Cruz and Castaneda Olivia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
7.94%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 12, 1997
Sold by
Belmonte Susana E
Bought by
Belmonte Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.9%

Purchase Details

Closed on
Mar 5, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Belmonte Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.9%

Purchase Details

Closed on
Sep 30, 1996
Sold by
Gmac Mtg Corp Of Pa
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 27, 1996
Sold by
Gonzalez Juan Dedios and Gmac Mtg Corp Of Pa
Bought by
Gmac Mtg Corp Of Pa

Purchase Details

Closed on
Mar 13, 1996
Sold by
Deleon Nelson
Bought by
New Haven Corp

Purchase Details

Closed on
Sep 29, 1994
Sold by
Gonzalez Juan Dedios and Deleon Nelson Rene
Bought by
Deleon Nelson

Purchase Details

Closed on
Feb 24, 1993
Sold by
Bravo Fidel and Bravo Lourdes
Bought by
Gonzalez Juan De Dios and Deleon Nelson Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.25%
Source: Public Records

Range of Values:

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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
Revocable Living Trust Of Andy Xiaodong Jiang -- None Listed On Document
Jiang Andy Xiaodong $370,000 Lawyers Title Company
Maral Investment Group Llc -- Chicago Title Company
Dalili Nader $170,000 Fidelity National Title
First Horizon Home Loans $221,000 None Available
Alvarado Joel L $330,000 First American Title Co Los
Bennett Melvin $295,000 --
Lee Virgil $240,000 First American Title Co
R & R Affiliates Inc $140,000 Continental Land Title
Matrix Capital Bank $241,019 Benefit Land Title Ins Co
Molina Alfredo Cruz -- Orange Coast Title
Molina Alfredo Cruz $205,000 South Coast Title
Belmonte Miguel -- Southland Title Corporation
Belmonte Miguel $120,000 Southland Title Corporation
Federal Home Loan Mortgage Corporation -- Stewart Title
Gmac Mtg Corp Of Pa $99,000 Stewart Title
New Haven Corp -- --
Deleon Nelson -- --
Gonzalez Juan De Dios $205,000 Western Cities Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jiang Andy Xiaodong $225,000
Previous Owner Maral Investment Group Llc $450,000
Previous Owner Maral Investment Group Llc $249,000
Previous Owner Alvarado Joel J $386,400
Previous Owner Alvarado Joel L $264,000
Previous Owner Bennett Melvin $280,250
Previous Owner Lee Virgil $236,292
Previous Owner R & R Affiliates Inc $155,000
Previous Owner Molina Alfredo Cruz $6,700
Previous Owner Molina Alfredo Cruz $210,646
Previous Owner Molina Alfredo Cruz $198,750
Previous Owner Belmonte Miguel $120,000
Previous Owner Gonzalez Juan De Dios $164,000
Closed Gonzalez Juan De Dios $20,500
Closed Alvarado Joel L $49,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2016 10/12/16 Sold $370,000 -1.3% $187 / Sq Ft
08/03/2016 08/03/16 Pending -- -- --
07/08/2016 07/08/16 Price Changed $375,000 0.0% $189 / Sq Ft
06/15/2016 06/15/16 For Sale $375,000 -- $189 / 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 $5,469 $429,411 $255,326 $174,085
2024 $5,469 $420,992 $250,320 $170,672
2023 $5,368 $412,738 $245,412 $167,326
2022 $5,128 $404,646 $240,600 $164,046
2021 $5,059 $396,713 $235,883 $160,830
2020 $5,105 $392,646 $233,465 $159,181
2019 $4,914 $384,948 $228,888 $156,060
2018 $4,795 $377,400 $224,400 $153,000
2016 $2,821 $215,895 $109,038 $106,857
2015 $2,783 $212,653 $107,401 $105,252
2014 $2,812 $208,489 $105,298 $103,191
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16129231

California Regional Multiple Listing Service (CRMLS)

APN: 5101-034-008