NOT LISTED FOR SALE

Estimated Value: $969,000 - $1,164,000

6 Beds
4 Baths
2,682 Sq Ft
$399/Sq Ft Est. Value

Last Sold August 29, 2016

Last sale price $688,800 $257 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,650/month

104 Days on Market

Highlights

  • No HOA
  • Front Yard
  • 1-Story Property
  • Wall Furnace

About This Home

As of August 2016

WOW, this 2 units are next to prime USC Housing Area, 3 bedroom 2 bath each Unit, total SQ feet is 2,682 all built in 1996, so there is no rent control
front unit totally remodeled with Granite and tile floors and is pride of ownership, live in one and rent the other,
huge back are , perfect for entertaining and for car parking for about 6 to 8 cars, * BRAND NEW KITCHEN TILE JUST FINISH (5/5/16)

Last Agent to Sell the Property

IVAN MARK

KW Vision License #00966137 Listed on: 04/22/2016

KW Vision

Last Buyer's Agent

Outside Agent

Outside Office License #0

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,905

Year Built

  • Built in 1996

Lot Details

  • 6,005 Sq Ft Lot
  • No Common Walls
  • Front Yard

Interior Spaces

  • 2,682 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 8 Parking Spaces
  • 6 Carport Spaces

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 1556
  • Assessor Parcel Number 5036001017

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $900
  • Operating Expense $900
  • Gross Income $1,800
  • Net Operating Income $20,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,905

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5036001017
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 256.82
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 6.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6005.00
  • Price Per Lot Square Foot: 114.70

Multi Family

  • Gross Income: 1800.00
  • Gross Scheduled Income: 21600.00
  • Insurance Expense: 900.00
  • Net Operating Income: 20600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1000.00
  • Rent Control: No
  • Total Expenses: 900.00

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 1556

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2019
Sold by
Palestino Benjamin Ochoa and Ochoa Gloria
Bought by
Palestino Benjamin Ochoa and Ochoa Gloria
Current Estimated Value
$1,069,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,414
Outstanding Balance
$673,169
Interest Rate
3.8%
Mortgage Type
FHA
Estimated Equity
$395,897

Purchase Details

Listed on
Apr 22, 2016
Closed on
Aug 2, 2016
Sold by
Orellana Eliezer
Bought by
Palestino Benjamin Ochoa and Ochoa Gloria
Seller's Agent
IVAN MARK
KW Vision
Buyer's Agent
Outside Agent
Outside Office
List Price
$839,000
Sold Price
$688,800
Premium/Discount to List
-$150,200
-17.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%
Original Mortgage
$576,922
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 3, 2015
Sold by
Barillas Hilda E
Bought by
Orellana Eliezer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,211
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
May 14, 2012
Closed on
Jul 16, 2012
Sold by
Castro Julio C
Bought by
Barillas Hilda E
Seller's Agent
Luis Chavez
Executive Bankers Realty
Buyer's Agent
Sandra Orellana
Omega Home Realty
List Price
$359,900
Sold Price
$360,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%
Original Mortgage
$353,479
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
May 14, 2012
Closed on
Jun 12, 2012
Sold by
Fja Investments Llc
Bought by
Barillas Hilda E
Seller's Agent
Luis Chavez
Executive Bankers Realty
Buyer's Agent
Sandra Orellana
Omega Home Realty
List Price
$359,900
Sold Price
$360,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,479
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 11, 2011
Closed on
Feb 28, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Fja Investments Llc
Seller's Agent
Ivery Summers
The Collective Realty
Buyer's Agent
Ivery Summers
The Collective Realty
List Price
$247,500
Sold Price
$260,000
Premium/Discount to List
$12,500
5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
168.08%
Original Mortgage
$238,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2011
Sold by
Jpmorgan Chase Bank N A
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
May 18, 2011
Sold by
Rubio Alma R
Bought by
The Roberto Vargas Cestui Que Trust

Purchase Details

Closed on
Apr 19, 2011
Sold by
Rubio Alma R
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Mar 2, 2011
Sold by
Rubio Alma R
Bought by
Rubio Alma R and Aguilar Zoila

Purchase Details

Closed on
Feb 22, 2011
Sold by
Rubio Alma R
Bought by
Rubio Alma R and Meza Alberto Santos

Purchase Details

Closed on
Dec 23, 2010
Sold by
Rubio Alma R
Bought by
Rubio Alma R and Galvez Enrique

Purchase Details

Closed on
Feb 20, 2010
Sold by
Zepeda David and The James & Sandy Sullivan & S
Bought by
Zepeda David and The Kenneth & Fran Gilbert & Albert & Fr

Purchase Details

Closed on
Jan 8, 2010
Sold by
Rubio Alma R Escobar
Bought by
Zepeda David and Luke & Lynn Hope Mark Sanford Wilson & W

Purchase Details

Closed on
Sep 4, 2009
Sold by
Rubio Alma R
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 18, 2004
Sold by
Eretza Alfonso Valdez and Rubio Alma R
Bought by
Rubio Alma R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 1999
Sold by
Carrillo Mario E and Mendoza Ana V
Bought by
Eretza Alfonso Valdez

Purchase Details

Closed on
Mar 14, 1996
Sold by
Lamelas Ramon
Bought by
Eretza Alfonso Valdez and Rubio Alma R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
6.98%

Purchase Details

Closed on
Aug 22, 1995
Sold by
Allen Bethural
Bought by
Houff Datis Leon

Purchase Details

Closed on
Jun 21, 1995
Sold by
Houff Datis Leon
Bought by
Lamelas Ramon
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
Palestino Benjamin Ochoa -- Lawyers Title Company
Palestino Benjamin Ochoa $689,000 Pacific Coast Title Company
Orellana Eliezer $430,000 Orange Coast Title Company
Barillas Hilda E -- Fidelity National Title Co
Barillas Hilda E $360,000 Fidelity National Title Co
Fja Investments Llc $225,000 Ticor Title
Federal Home Loan Mortgage Corp -- First American Title
The Roberto Vargas Cestui Que Trust -- None Available
Chase Home Finance Llc $185,000 Accommodation
Rubio Alma R -- None Available
Rubio Alma R -- None Available
Rubio Alma R -- None Available
Zepeda David -- None Available
Zepeda David -- None Available
Federal Home Loan Mortgage Corporation $367,766 Accommodation
Rubio Alma R -- Gateway Title Company
Rubio Alma R -- Gateway Title Company
Eretza Alfonso Valdez -- --
Eretza Alfonso Valdez $230,000 Stewart Title
Houff Datis Leon -- Stewart Title
Lamelas Ramon $34,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palestino Benjamin Ochoa $765,414
Closed Palestino Benjamin Ochoa $576,922
Previous Owner Orellana Eliezer $84,000
Previous Owner Orellana Eliezer $422,211
Previous Owner Barillas Hilda E $353,479
Previous Owner Fja Investments Llc $238,000
Previous Owner Rubio Alma R $163,000
Previous Owner Rubio Alma R $335,000
Previous Owner Rubio Alma R $295,000
Previous Owner Rubio Alma R $245,000
Previous Owner Eretza Alfonso Valdez $218,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2016 08/29/16 Sold $688,800 0.0% $257 / Sq Ft
08/04/2016 08/04/16 Pending -- -- --
07/14/2016 07/14/16 Price Changed $688,800 0.0% $257 / Sq Ft
07/05/2016 07/05/16 Price Changed $689,000 -17.9% $257 / Sq Ft
04/22/2016 04/22/16 For Sale $839,000 +133.1% $313 / Sq Ft
07/20/2012 07/20/12 Sold $360,000 0.0% $150 / Sq Ft
06/13/2012 06/13/12 Pending -- -- --
05/14/2012 05/14/12 For Sale $359,900 +38.4% $150 / Sq Ft
03/21/2012 03/21/12 Sold $260,000 +5.1% $157 / Sq Ft
01/31/2012 01/31/12 Pending -- -- --
11/11/2011 11/11/11 For Sale $247,500 -- $150 / 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 $9,905 $799,636 $557,078 $242,558
2024 $9,905 $783,957 $546,155 $237,802
2023 $9,718 $768,587 $535,447 $233,140
2022 $9,272 $753,518 $524,949 $228,569
2021 $9,146 $738,744 $514,656 $224,088
2020 $9,234 $731,170 $509,379 $221,791
2019 $8,874 $716,835 $499,392 $217,443
2018 $8,733 $702,780 $489,600 $213,180
2016 $5,461 $436,557 $305,590 $130,967
2015 $4,654 $368,859 $266,398 $102,461
2014 $4,681 $361,634 $261,180 $100,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR16085847

California Regional Multiple Listing Service (CRMLS)

APN: 5036-001-017