NOT LISTED FOR SALE

Estimated Value: $566,000 - $690,000

4 Beds
2 Baths
3,500 Sq Ft
$186/Sq Ft Est. Value

Last Sold September 08, 2017

Last sale price $390,000 $111 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,851/month

1 Day on Market

Highlights

  • No Units Above
  • Laundry Room
  • 8 Car Garage
  • No HOA
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of September 2017

Perfect investment opportunity. All single level units / 2 bdrm-1 bath . Each unit has their own backyard. Two car detached garage for each unit and plenty of additional parking. Remodeled.

Last Agent to Sell the Property

Mark Lee

Price Real Estate Group, Inc License #01383705 Listed on: 07/31/2017

Last Buyer's Agent

Hugo Pompa

RE/MAX New Dimension License #01466566

RE/MAX New Dimension

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,354

Year Built

  • Built in 1984

Lot Details

  • 0.51 Acre Lot
  • No Units Above
  • Two or More Common Walls

Parking

  • 8 Car Garage
  • Parking Available

Home Design

  • Quadruplex

Interior Spaces

  • 3,500 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 98
  • Tax Tract Number 6608
  • Assessor Parcel Number 0439291120000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $293
  • Gardener Expense $525
  • Insurance Expense $1,075
  • Other Expense $197
  • Trash Expense $1,140
  • Water Sewer Expense $1,930
  • New Taxes Expense $2,493
  • Operating Expense $7,653
  • Net Operating Income $26,767

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,354

Year Built

Built in 1984

Lot Details

0

Parking

8

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1930.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 525.00
  • Parcel Number: 0439291120000
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls, No One Above
  • Levels: One
  • Price Per Square Foot: 111.43

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Sewer: Conventional Septic
  • Trash Expense: 1140.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 22300.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 293.00
  • Gross Scheduled Income: 34440.00
  • Insurance Expense: 1075.00
  • Net Operating Income: 26767.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 7653.00
  • Other Expense: 197.00
  • Other Expense Description: gas
  • Rent Control: No
  • Total Expenses: 7653.00

Tax Info

  • New Taxes Expense: 2493.00
  • Tax Census Tract: 97.12
  • Tax Lot: 98
  • Tax Tract Number: 6608

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2020
Sold by
Rodriguez Leobardo and Rodriguez Maria C
Bought by
Rodriguez Leobardo and Delrodriguez Maria Del
Current Estimated Value
$650,511

Purchase Details

Listed on
Jul 31, 2017
Closed on
Aug 10, 2017
Sold by
Presser Thomas Haynes and Presser Aurora Stella
Bought by
Rodriguez Leobardo and Rodriguez Maria C
Seller's Agent
Mark Lee
Price Real Estate Group, Inc
Buyer's Agent
Hugo Pompa
RE/MAX New Dimension
List Price
$385,000
Sold Price
$390,000
Premium/Discount to List
$5,000
1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%

Purchase Details

Closed on
Aug 2, 2002
Sold by
Barrera Jose Luis and Barrera Maricela G
Bought by
Ogalesco Jonathan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
5.25%

Purchase Details

Closed on
Jun 5, 2001
Sold by
Fisher Diane M
Bought by
Barrera Jose Luis and Barrera Maricela G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,550
Interest Rate
7.1%

Purchase Details

Closed on
Mar 22, 1996
Sold by
Ba Properties Inc
Bought by
Fisher Diane M

Purchase Details

Closed on
Oct 18, 1995
Sold by
Wiseman Dan R and Ba Properties Inc
Bought by
Ba Properties Inc
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
Rodriguez Leobardo -- None Available
Rodriguez Leobardo $390,000 Orange Coast Title Company
Ogalesco Jonathan A $165,000 Fidelity National Title Ins
Barrera Jose Luis $139,500 First American Title Ins Co
Fisher Diane M $90,000 American Title
Ba Properties Inc $85,400 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ogalesco Jonathan A $148,500
Previous Owner Barrera Jose Luis $125,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2017 09/08/17 Sold $390,000 +1.3% $111 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
07/31/2017 07/31/17 For Sale $385,000 -- $110 / 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 $5,354 $443,753 $22,756 $420,997
2024 $5,354 $435,052 $22,310 $412,742
2023 $5,303 $426,522 $21,873 $404,649
2022 $5,222 $418,159 $21,444 $396,715
2021 $5,103 $409,960 $21,024 $388,936
2020 $5,039 $405,756 $20,808 $384,948
2019 $4,946 $397,800 $20,400 $377,400
2018 $4,826 $390,000 $20,000 $370,000
2017 $2,772 $200,198 $44,488 $155,710
2016 $2,494 $196,273 $43,616 $152,657
2015 $2,456 $193,325 $42,961 $150,364
2014 $2,422 $189,538 $42,119 $147,419
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV17175268

California Regional Multiple Listing Service (CRMLS)

APN: 0439-291-12