NOT LISTED FOR SALE

Estimated Value: $854,000 - $981,000

4 Beds
2 Baths
1,890 Sq Ft
$483/Sq Ft Est. Value

Last Sold August 15, 2018

Last sale price $578,000 $306 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,815/month

17 Days on Market

About This Home

As of August 2018

Updated Downtown duplex on a huge lot. The upstairs unit is 3 bedrooms, remodeled in 2010. The downstairs unit is 1 bedroom, remodeled in 2014. Kitchen includes granite counters and custom cabinetry. Wood floors throughout both units. The ~7300 sqft lot can fit up to 13 cars, not including the generously sized 2 car garage, currently rented to the downstairs tenant. To generate additional income, the new owner may consider renting parking spots on the property to help cash flow!

Last Agent to Sell the Property

Chanthol Pong

Century 21 On Target License #01367487 Listed on: 06/29/2018

Century 21 On Target

Last Buyer's Agent

Melba Conde

Vylla Home, Inc. License #00795595

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,414

Year Built

  • Built in 1936

Lot Details

  • 7,319 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 13 Open Parking Spaces
  • 2 Car Garage

Home Design

  • 1,890 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 4212
  • Assessor Parcel Number 7268017018

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $720
  • Water Sewer Expense $720
  • Operating Expense $1,440
  • Gross Income $31,380

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,414

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Alamitos Beach (AB)
  • Water Sewer Expenses: 720.00
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Parcel Number: 7268017018
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 305.82

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 15.00
  • Uncovered Spaces: 13.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7319.00

Multi Family

  • Electric Expense: 720.00
  • Gross Income: 31380.00
  • Gross Scheduled Income: 31380.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 31380.00
  • Total Expenses: 1440.00

Tax Info

  • Tax Census Tract: 5752.01
  • Tax Lot: 8
  • Tax Tract Number: 4212

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2024
Sold by
Contreras Misael
Bought by
1367 Alamitos Llc
Total Days on Market
17
Current Estimated Value
$913,581

Purchase Details

Listed on
Jun 29, 2018
Closed on
Aug 2, 2018
Sold by
Song Sakol and Thik Path S
Bought by
Contreras Misael
Seller's Agent
Chanthol Pong
Century 21 On Target
Buyer's Agent
Melba Conde
Vylla Home, Inc.
List Price
$530,888
Sold Price
$578,000
Premium/Discount to List
$47,112
8.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Original Mortgage
$433,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 25, 2014
Closed on
Oct 27, 2014
Sold by
Mayer Alan and Mayer Marcela Murphy
Bought by
Song Sakol and Thik Path S
Seller's Agent
Alan Mayer
Buckingham Investments
Buyer's Agent
Scott Kato
Circle Real Estate
List Price
$399,000
Sold Price
$389,000
Premium/Discount to List
-$10,000
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.30%
Original Mortgage
$291,750
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2012
Sold by
Mayer Alan M
Bought by
Mayer Alan and Mayer Marcela Murphy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.63%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 14, 2003
Sold by
Tuliva Gamu
Bought by
Mayer Alan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 1997
Sold by
Clyde Bruce
Bought by
Tuliva Gamu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,200
Interest Rate
7.19%
Source: Public Records

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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
1367 Alamitos Llc -- None Listed On Document
Contreras Misael $578,000 Usa National Title Co
Song Sakol $389,000 Ticor Title
Mayer Alan -- Chicago Title Company
Mayer Alan M $200,000 North American Title Co
Tuliva Gamu $105,000 Stewart Title
Tuliva Gamu -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Contreras Misael $434,000
Previous Owner Contreras Misael $433,500
Previous Owner Song Sakol $291,750
Previous Owner Mayer Alan $300,000
Previous Owner Mayer Alan M $215,000
Previous Owner Mayer Alan M $180,000
Previous Owner Tuliva Gamu $120,000
Previous Owner Tuliva Gamu $106,200
Closed Tuliva Gamu $17,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2018 08/15/18 Sold $578,000 +8.9% $306 / Sq Ft
07/16/2018 07/16/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $530,888 +36.5% $281 / Sq Ft
12/03/2014 12/03/14 Sold $389,000 -2.5% $206 / Sq Ft
11/24/2014 11/24/14 Pending -- -- --
09/25/2014 09/25/14 For Sale $399,000 -- $211 / 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 $8,414 $632,124 $328,093 $304,031
2023 $8,275 $619,730 $321,660 $298,070
2022 $7,776 $607,579 $315,353 $292,226
2021 $7,621 $595,667 $309,170 $286,497
2020 $7,601 $589,880 $306,000 $283,880
2019 $7,514 $578,320 $300,000 $278,320
2018 $5,328 $411,206 $211,253 $199,953
2016 $4,898 $394,932 $203,050 $191,882
2015 $4,704 $389,000 $200,000 $189,000
2014 $2,980 $231,959 $162,373 $69,586
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18156772

California Regional Multiple Listing Service (CRMLS)

APN: 7268-017-018