NOT LISTED FOR SALE

135 E 223rd St Carson, CA 90745

Estimated Value: $2,133,000 - $3,368,000

5 Beds
4 Baths
10,522 Sq Ft
$272/Sq Ft Est. Value

Last Sold December 02, 2013

Last sale price $1,525,000 $145 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $16,845/month

67 Days on Market

About This Home

As of December 2013

• 1,315 Square Foot 3-Bedroom Units
• Prime Rental Area Across the Street
From Carson High School
• 100% Occupied
• Pride of Ownership Opportunity
• Two Adjacent Fourplex Properties
on Separate Parcels
• Pride of Ownership
• Rental Upside

Last Agent to Sell the Property

Doug Rodermund

Morgan Skenderian License #01314304 Listed on: 07/18/2013

Last Buyer's Agent

Grant Hahn

Morgan Skenderian License #01197893

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,624

Year Built

  • Built in 1963

Lot Details

  • 0.3 Acre Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • 11 Carport Spaces

Home Design

  • 10,522 Sq Ft Home
  • Property Attached
  • Frame Construction
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 2982
  • Assessor Parcel Number 7335024025

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 8 Units

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $480
  • Insurance Expense $3,157
  • Maintenance Expense $10,639
  • Other Expense $1,000
  • Trash Expense $5,022
  • Water Sewer Expense $5,022
  • New Taxes Expense $23,230
  • Gross Income $12,665
  • Net Operating Income $95,831

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,624

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • CapRate: 6.10
  • Property Attached: Yes
  • Water Sewer Expenses: 5022.00
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 7335024025
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 144.93

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Carport Spaces: 11.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 5022.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 13099.00
  • Lot Size Acres: 0.3010

Multi Family

  • Gross Income: 12665.00
  • Gross Multiplier: 10.36
  • Gross Scheduled Income: 151980.00
  • Gross Spendable Income: 30191.00
  • Insurance Expense: 3157.00
  • Lot Size Area: 13099.0000 Square Feet
  • Maintenance Expense: 10639.00
  • Maintenance Percent: 7.00
  • Net Operating Income: 95831.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 48550.00
  • Operating Expense Percent: 31.90
  • Other Expense: 1000.00
  • Other Expense Description: Admin
  • Rent Control: No
  • Total Actual Rent: 12665.00
  • Vacancy Allowance: 7599
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 23230.00
  • Tax Lot: 5
  • Tax Tract Number: 2982

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2023
Sold by
Black Dragon Llc
Bought by
Syed Mahmoodul H and Khalid Saima
Total Days on Market
67
Current Estimated Value
$2,866,023

Purchase Details

Closed on
Aug 5, 2016
Sold by
Sheldon Michael J
Bought by
Black Dragon Llc

Purchase Details

Listed on
Jul 18, 2013
Closed on
Oct 11, 2013
Sold by
Likan Llc
Bought by
Sheldon Michael J and Sheldon Gina M
Seller's Agent
Doug Rodermund
Morgan Skenderian
Buyer's Agent
Grant Hahn
Morgan Skenderian
List Price
$1,695,000
Sold Price
$1,525,000
Premium/Discount to List
-$170,000
-10.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%
Original Mortgage
$775,000
Interest Rate
2.67%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 2, 2004
Sold by
Strategic East 223Rd Street Llc
Bought by
Likan Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,500
Interest Rate
2%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 4, 2003
Sold by
Sahlin Kurt E
Bought by
Strategic East 223Rd Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$776,000
Interest Rate
6.06%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 3, 1999
Sold by
Tani Susan Midori
Bought by
Rein Edward
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
Syed Mahmoodul H $2,972,000 First American Title
Black Dragon Llc -- None Available
Sheldon Michael J $775,007 Ticor Title Co
Likan Llc $775,000 Fidelity National Title Comp
Strategic East 223Rd Street Llc -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Black Dragon Llc $630,000
Previous Owner Sheldon Michael J $775,000
Previous Owner Likan Llc $542,500
Previous Owner Strategic East 223Rd Street Llc $776,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2013 12/02/13 Sold $1,525,000 -10.0% $145 / Sq Ft
09/23/2013 09/23/13 Pending -- -- --
07/18/2013 07/18/13 For Sale $1,695,000 -- $161 / 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 $19,624 $1,530,000 $612,000 $918,000
2023 $12,305 $913,143 $353,475 $559,668
2022 $11,724 $895,240 $346,545 $548,695
2021 $11,589 $877,687 $339,750 $537,937
2019 $12,227 $851,657 $329,674 $521,983
2018 $12,017 $834,959 $323,210 $511,749
2016 $11,516 $802,538 $310,660 $491,878
2015 $11,271 $790,484 $305,994 $484,490
2014 $11,247 $775,000 $300,000 $475,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13141552

California Regional Multiple Listing Service (CRMLS)

APN: 7335-024-025