NOT LISTED FOR SALE

Estimated Value: $697,000 - $735,087

3 Beds
2 Baths
1,289 Sq Ft
$554/Sq Ft Est. Value

Last Sold December 04, 2019

Last sale price $495,000 $384 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,303/month

5 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Tile Flooring
  • California High School Rated A-
  • Laundry Room
  • Wood Fence

About This Home

As of December 2019

Excellent income property opportunity in a nice Whittier residential area. A two bedroom one bath single family home plus a one bedroom one bath unit. One bedroom unit has a non-permitted kitchenette. Previous owner converted the garage with a permit to a one bedroom one bath mother-in-law unit. Nice yards with open space and fruit trees.

Last Agent to Sell the Property

Bill Purcell

Berkshire Hathaway Hm Ser License #00936201 Listed on: 10/07/2019

Last Buyer's Agent

Katherine Cruz

Beautiful Homes Real Estate License #02052741

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,597

Year Built

  • Built in 1950

Lot Details

  • 6,533 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Chain Link Fence
  • Front and Back Yard Sprinklers
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Raised Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,289 Sq Ft Home
  • Window Screens
  • Family Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Location

  • Suburban Location

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV
  • Tax Lot 108
  • Tax Tract Number 7868
  • Assessor Parcel Number 8029018015

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $600
  • Fuel Expense $360
  • Insurance Expense $1,000
  • Trash Expense $300
  • Water Sewer Expense $600
  • New Taxes Expense $5,379
  • Operating Expense $8,239
  • Gross Income $33,000
  • Net Operating Income $24,761

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,597

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • Water Sewer Expenses: 600.00
  • Property Type: Residential Income
  • Parcel Number: 8029018015
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Fireplace Features: Family Room
  • Price Per Square Foot: 384.02
  • Window Features: Screens

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Sprinklers In Front, Sprinklers In Rear, Yard
  • Lot Size Sq Ft: 6533.00
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Average1 Bed Area: 400 Square Feet
  • Average2 Bed Area: 889 Square Feet
  • Electric Expense: 600.00
  • Fuel Expense: 360.00
  • Gross Income: 33000.00
  • Gross Scheduled Income: 33000.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6533.0000 Square Feet
  • Net Operating Income: 24761.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 8239.00
  • Rent Control: No
  • Total Expenses: 8239.00

Tax Info

  • New Taxes Expense: 5379.00
  • Tax Lot: 108
  • Tax Tract Number: 7868

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2019
Closed on
Nov 27, 2019
Sold by
Cortea Laura
Bought by
Fabian Justino Cruz
Seller's Agent
Bill Purcell
Berkshire Hathaway Hm Ser
Buyer's Agent
Katherine Cruz
Beautiful Homes Real Estate
List Price
$489,000
Sold Price
$495,000
Premium/Discount to List
$6,000
1.23%
Current Estimated Value
$713,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,522
Avg. Annual Appreciation
6.39%
Original Mortgage
$486,034
Outstanding Balance
$427,755
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$285,767

Purchase Details

Listed on
Oct 7, 2019
Closed on
Nov 5, 2019
Sold by
Machuca Rhoda
Bought by
Fabian Justino Cruz and Cruz Yaminah
Seller's Agent
Bill Purcell
Berkshire Hathaway Hm Ser
Buyer's Agent
Katherine Cruz
Beautiful Homes Real Estate
List Price
$489,000
Sold Price
$495,000
Premium/Discount to List
$6,000
1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,034
Outstanding Balance
$427,755
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$285,767

Purchase Details

Closed on
Jan 31, 2005
Sold by
Machuca Rhoda
Bought by
Machuca Rhoda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,450
Interest Rate
5.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2000
Sold by
Machuca Magali
Bought by
Machuca Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,844
Interest Rate
7.98%

Purchase Details

Closed on
Sep 18, 2000
Sold by
Kim Yang Uk
Bought by
Machuca Rhoda and Machuca Maria T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,844
Interest Rate
7.98%

Purchase Details

Closed on
Dec 7, 1999
Sold by
Kim Yang Uk
Bought by
Kim Yang Uk and Kim Kyung H

Purchase Details

Closed on
May 21, 1999
Sold by
Bertsch Richard C
Bought by
Kim Yang Uk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.35%

Purchase Details

Closed on
May 12, 1999
Sold by
Ocwen Federal Bank Fsb
Bought by
Kim Yang Uk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.35%

Purchase Details

Closed on
Nov 4, 1998
Sold by
Ortiz Margarita J
Bought by
Ocwen Federal Bank Fsb
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
Fabian Justino Cruz -- Wfg National Title Company
Fabian Justino Cruz $495,000 Wfg National Title Company
Machuca Rhoda -- Wfg National Title Company
Machuca Rhoda -- First Southwestern Title Ca
Machuca Eduardo -- Chicago Title Co
Machuca Rhoda $174,000 Chicago Title Co
Kim Yang Uk -- --
Kim Yang Uk -- Chicago Title Co
Kim Yang Uk $112,500 Chicago Title Co
Ocwen Federal Bank Fsb $103,764 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fabian Justino Cruz $486,034
Previous Owner Machuca Rhoda $210,450
Previous Owner Machuca Rhoda $172,844
Previous Owner Kim Yang Uk $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/04/2019 12/04/19 Sold $495,000 0.0% $384 / Sq Ft
12/04/2019 12/04/19 Sold $495,000 +1.2% $557 / Sq Ft View Prior Sale
10/12/2019 10/12/19 Pending -- -- --
10/12/2019 10/12/19 Pending -- -- --
10/07/2019 10/07/19 For Sale $489,000 0.0% $379 / Sq Ft
10/03/2019 10/03/19 Price Changed $489,000 -1.2% $550 / Sq Ft
09/20/2019 09/20/19 For Sale $495,000 -- $557 / 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 $6,597 $541,350 $433,082 $108,268
2024 $6,597 $530,737 $424,591 $106,146
2023 $6,388 $520,331 $416,266 $104,065
2022 $6,437 $510,129 $408,104 $102,025
2021 $6,308 $500,127 $400,102 $100,025
2020 $6,240 $495,000 $396,000 $99,000
2019 $4,801 $365,794 $292,601 $73,193
2018 $4,631 $358,622 $286,864 $71,758
2016 $4,408 $344,698 $275,726 $68,972
2015 $4,297 $339,521 $271,585 $67,936
2014 $4,027 $313,000 $227,000 $86,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS19237339

California Regional Multiple Listing Service (CRMLS)

APN: 8029-018-015