NOT LISTED FOR SALE

Estimated Value: $701,000 - $747,000

4 Beds
3 Baths
1,200 Sq Ft
$608/Sq Ft Est. Value

Last Sold September 07, 2021

Last sale price $610,000 $508 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,541/month

12 Days on Market

About This Home

As of September 2021

Amazing investment opportunity, duplex 2/1 front unit, back unit has a legal one bedroom and one bath, was added a second bedroom. now is a 2/1
property features a third addition in between units, a single Studio unit.
Back and middle Studio will be delivered Occupied. Eviction Notice can be given if Buyer choses to do so. Seller will not wait for eviction. We will just give notice. Front unit to be delivered vacant at close of escrow. seller to find a replacement home and both escrows close concurrently.

Last Agent to Sell the Property

Jared Nunez

Century 21 Allstars License #01961731 Listed on: 06/05/2021

Century 21 Allstars

Last Buyer's Agent

Louis Teque

Realty World Experts License #01812835

Realty World Experts

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,039

Year Built

  • Built in 1923

Lot Details

  • 4,764 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • 1,200 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Listing and Financial Details

  • Legal Lot and Block 18 / 1
  • Tax Tract Number 5549
  • Assessor Parcel Number 6014001018

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $3,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,039

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Zoning: LAR1
  • Property Type: Residential Income
  • Parcel Number: 6014001018
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 508.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4764.00
  • Lot Size Acres: 0.1094

Multi Family

  • Gross Income: 3500.00
  • Gross Scheduled Income: 3500.00
  • Lot Size Area: 4764.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 2374.02
  • Tax Lot: 18
  • Tax Tract Number: 5549

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2017
Closed on
Sep 21, 2017
Sold by
Alvarado Mercedes
Bought by
Gallegos Norma Esperanza and Salcedo Gallegos Claudia A
Seller's Agent
Johanna Alvarez
Team Investors Realty
Buyer's Agent
Jared Nunez
Century 21 Allstars
List Price
$389,000
Sold Price
$405,000
Premium/Discount to List
$16,000
4.11%
Current Estimated Value
$729,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,430
Avg. Annual Appreciation
7.67%
Original Mortgage
$397,664
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 13, 2016
Sold by
Argumedo Patricia A
Bought by
Argumedo Patricia A and Alvarado Mercedes

Purchase Details

Closed on
Jul 24, 2014
Sold by
Alvarado Mercedes and Argumedo Patricia A
Bought by
Argumedo Patricia A

Purchase Details

Closed on
Dec 22, 2003
Sold by
Alvarado Mercedes
Bought by
Alvarado Mercedes and Alvarado Patricia A Gomez

Purchase Details

Closed on
Sep 8, 1997
Sold by
Alvarado Mario E and Gomez Jose U
Bought by
Alvarado Mercedes
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gallegos Norma Esperanza $405,000 Fidelity National Title Co
Alvarado Mercedes -- Fidelity National Title Co
Argumedo Patricia A -- None Available
Argumedo Patricia A $35,000 Ticor Title Co
Argumedo Patricia A -- Ticor Title Co
Alvarado Mercedes -- --
Alvarado Mercedes -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gallegos Norma Esperanza $397,664
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/07/2021 09/07/21 Sold $610,000 +3.6% $508 / Sq Ft
08/03/2021 08/03/21 Price Changed $589,000 0.0% $491 / Sq Ft
08/03/2021 08/03/21 For Sale $589,000 -3.4% $491 / Sq Ft
07/31/2021 07/31/21 Off Market $610,000 -- --
07/30/2021 07/30/21 Price Changed $575,000 -5.7% $479 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
06/15/2021 06/15/21 Off Market $610,000 -- --
06/05/2021 06/05/21 For Sale $575,000 +42.0% $479 / Sq Ft
11/09/2017 11/09/17 Sold $405,000 +4.1% $274 / Sq Ft View Prior Sale
09/01/2017 09/01/17 For Sale $389,000 -- $263 / 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 $8,039 $647,335 $517,869 $129,466
2024 $7,919 $634,643 $507,715 $126,928
2023 $7,772 $622,200 $497,760 $124,440
2022 $7,418 $610,000 $488,000 $122,000
2021 $5,297 $425,726 $273,306 $152,420
2020 $5,349 $421,362 $270,504 $150,858
2019 $5,143 $413,100 $265,200 $147,900
2018 $5,051 $405,000 $260,000 $145,000
2017 $2,881 $224,048 $179,245 $44,803
2016 $2,803 $219,656 $175,731 $43,925
2015 $2,764 $216,358 $173,092 $43,266
2014 $2,703 $212,121 $169,702 $42,419
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21121543

California Regional Multiple Listing Service (CRMLS)

APN: 6014-001-018