NOT LISTED FOR SALE

Estimated Value: $714,519 - $884,000

5 Beds
3 Baths
1,986 Sq Ft
$384/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $445,000 $224 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,500/month

54 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Private Yard
  • Neighborhood Views
  • Laundry Room

About This Home

As of October 2016

Great opportunity for anyone who wants that extra income. All units are currently occupied, this property is centrally located close to everything. This is a must see property, will go fast!

Last Agent to Sell the Property

George Kpachavi

LPT Realty, Inc License #01839703 Listed on: 06/13/2016

LPT Realty, Inc

Last Buyer's Agent

Out Of Area Southland

SOUTHLAND

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 5,367 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Private Yard
  • Lawn
  • Back and Front Yard

Home Design

  • Property Attached

Interior Spaces

  • 1,986 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 2287
  • Assessor Parcel Number 5107011023

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,400
  • Trash Expense $480
  • Water Sewer Expense $1,800
  • New Taxes Expense $4,992
  • Gross Income $3,017
  • Net Operating Income $27,532

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Parcel Number: 5107011023
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Carpet, Wood
  • Levels: One
  • Price Per Square Foot: 224.07
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Fencing: Wrought Iron
  • Pool Private: No
  • Spa: No

Utilities

  • Utilities: Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Trash Expense: 480.00
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Walkstreet, Yard
  • Lot Size Sq Ft: 5367.00
  • Price Per Lot Square Foot: 83.85

Multi Family

  • Gross Income: 3017.00
  • Gross Scheduled Income: 3017.00
  • Insurance Expense: 1400.00
  • Net Operating Income: 27532.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 8672.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 4992.00
  • Tax Lot: 28
  • Tax Tract Number: 2287

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2016
Sold by
Debarros Jeannine and De Barros Jason P
Bought by
Hernandez Joshua Estevan
Current Estimated Value
$762,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,939
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 2, 2013
Sold by
Debarros Philip and De Barros Jeannine
Bought by
Debarros Jeannine and Debarros Jason P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2012
Sold by
Camp Jennifer
Bought by
Camp Bert

Purchase Details

Closed on
Aug 30, 2012
Sold by
Jenkins Darlene and The Catherine J Beard Trust
Bought by
Camp Bert

Purchase Details

Closed on
Aug 27, 2000
Sold by
Beard Catherine J
Bought by
Beard Catherine J and The Catherine J Beard Trust

Purchase Details

Closed on
Jun 11, 1999
Sold by
Beard Catherine J
Bought by
Beard Catherine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.4%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hernandez Joshua Estevan $445,000 Pacific Coast Title Company
Debarros Jeannine -- Accommodation
Debarros Philip $390,000 Usa National Title Company
Camp Bert -- Provident Title Company
Camp Bert $150,000 Provident Title Company
Beard Catherine J -- --
Beard Catherine J -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Joshua Estevan $436,939
Previous Owner Debarros Philip $292,500
Previous Owner Beard Catherine J $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2016 10/28/16 Sold $445,000 -1.1% $224 / Sq Ft
08/06/2016 08/06/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $450,000 +15.4% $227 / Sq Ft
12/13/2013 12/13/13 Sold $390,000 -6.9% $196 / Sq Ft View Prior Sale
10/31/2013 10/31/13 Pending -- -- --
08/19/2013 08/19/13 For Sale $419,000 -- $211 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,468 $516,454 $255,326 $261,128
2024 $6,468 $506,328 $250,320 $256,008
2023 $6,347 $496,401 $245,412 $250,989
2022 $6,059 $486,668 $240,600 $246,068
2021 $5,979 $477,127 $235,883 $241,244
2020 $6,036 $472,236 $233,465 $238,771
2019 $5,805 $462,978 $228,888 $234,090
2018 $5,712 $453,900 $224,400 $229,500
2016 $5,064 $403,857 $207,106 $196,751
2015 $4,992 $397,792 $203,996 $193,796
2014 $5,026 $390,000 $200,000 $190,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16127569

California Regional Multiple Listing Service (CRMLS)

APN: 5107-011-023