$850,000
$50K PRICE DROP

Estimated payment $5,345/month

Total Views 15,976
2 Beds
2 Baths
1,012 Sq Ft
$840 Price per Sq Ft

Highlights

  • Parking available for a boat
  • 0.96 Acre Lot
  • No HOA
  • Gated Parking
  • Private Yard
  • Bungalow

About This Home

Incredible opportunity to build your dream home on this well-situated large lot that includes two separate units. Welcome all builders and homeowners to create their own design and build your new home while enjoying the rental on two already built units on this property. The Topography report has been completed along with the soil's reports showing favorable building conditions for the addition of up to several units. Enjoy the short distance to all amenities including shopping, entertainment and neighborhood outings.

Listing Agent

Mourice Gonzalez

LoanRate Brokerage Phone: 562-296-3455 License #02200527 Listed on: 09/18/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,796

Year Built

  • Built in 1944

Lot Details

  • 0.96 Acre Lot
  • No Common Walls
  • Chain Link Fence
  • Private Yard
  • Density is 26-30 Units/Acre

Home Design

  • Duplex
  • Bungalow
  • Slab Foundation
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,012 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Parking Available
  • Gated Parking
  • Parking available for a boat
  • RV Access or Parking

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot unk
  • Assessor Parcel Number 291130022
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Other Expense $2,400
  • Trash Expense $1,200
  • Water Sewer Expense $1,800
  • Operating Expense $4,800
  • Gross Income $40,800
  • Net Operating Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,796

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Price Per Unit: 425000
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 1800.00
  • Architectural Style: Bungalow
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 291130022
  • Year Built: 1944
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 839.92
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition, Rolled/Hot Mop
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Boat, Gated, On Site, Oversized, RV Access/Parking, Uncovered
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 10.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Septic Type Unknown
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 26-30 Units/Acre, Yard
  • Lot Size Sq Ft: 41818.00
  • Lot Size Acres: 0.9600
  • Latitude Manual: 33.92260600

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 40800.00
  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 41818.0000 Square Feet
  • Net Operating Income: 33600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7200.00
  • Other Expense: 2400.00
  • Rent Control: No
  • Total Expenses: 4800.00

Tax Info

  • Tax Lot: unk
  • Tax Tract Number: unk

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $7,796 $1,104,904 $197,676 $907,228
2023 $7,796 $399,305 $124,848 $274,457
2022 $5,434 $391,476 $122,400 $269,076
2021 $4,898 $350,197 $106,120 $244,077
2020 $4,744 $343,332 $104,040 $239,292
2019 $0 $336,600 $102,000 $234,600
2018 $4,077 $330,000 $100,000 $230,000
2017 $3,498 $285,600 $102,000 $183,600
2016 $1,443 $100,103 $54,109 $45,994
2015 $1,426 $98,602 $53,298 $45,304
2014 $1,384 $96,672 $52,255 $44,417
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Price Changed $850,000 0.0% --
03/21/2025 03/21/25 Price Changed $850,000 -5.6% $840 / Sq Ft
09/18/2024 09/18/24 For Sale $900,000 0.0% --
09/18/2024 09/18/24 For Sale $900,000 +43.8% $889 / Sq Ft
02/15/2023 02/15/23 Sold $626,000 -7.8% $1,534 / Sq Ft
01/08/2023 01/08/23 Pending -- -- --
10/11/2022 10/11/22 For Sale $679,000 +105.8% $1,664 / Sq Ft
12/07/2017 12/07/17 Sold $330,000 -7.0% $326 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
02/17/2017 02/17/17 Price Changed $355,000 -8.5% $351 / Sq Ft
09/19/2016 09/19/16 For Sale $388,000 +38.6% $383 / Sq Ft
05/24/2016 05/24/16 Sold $280,000 -4.1% $277 / Sq Ft
05/01/2016 05/01/16 Pending -- -- --
03/16/2015 03/16/15 For Sale $292,000 -- $289 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $626,000 --
Grant Deed $384,000 First American Title Company
Trustee Deed $349,000 Accommodation
Interfamily Deed Transfer -- Provident Title Company
Grant Deed $330,000 Provident Title Company
Grant Deed $280,000 Wfg National Title Co Of Ca
Grant Deed -- None Available
Grant Deed $92,500 Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Trustee Deed $200,000 None Available
Grant Deed $340,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Previous Owner $0 FHA
Previous Owner $370,990 FHA
Previous Owner $316,000 Commercial
Previous Owner $180,000 Seller Take Back
Previous Owner $530,978 Commercial
Previous Owner $260,000 Seller Take Back
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24193878

California Regional Multiple Listing Service (CRMLS)

APN: 291-130-022