NOT LISTED FOR SALE

Estimated Value: $1,135,000 - $1,321,000

3 Beds
2 Baths
1,996 Sq Ft
$623/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $990,000 $496 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,830/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • No HOA
  • Ulysses S. Grant Senior High School Rated A-
  • Corner Lot
  • Cooling System Mounted To A Wall/Window

About This Home

As of December 2021

Duplex for sale! Fantastic investment opportunity in Valley Glen. Front house is a 1938 2 + 1 has front and side yards with driveway parking, wall heater and a/c. Back house is a fun 1970s approx. 1000 sq ft single with large windows, huge updated kitchen, nice sized full bathroom with sunken tub and tons of closets plus a patio off the kitchen AND a lovely back yard overlooking the neighborhood plus a 2 car garage (entry from Cantaloupe), central hvac and tankless water heater. Both units have their own laundry rooms. Do not disturb occupants. There is no overnight parking on Cantaloupe.

Last Agent to Sell the Property

Gary Dean Ruebsamen

Berkshire Hathaway HomeServices California Properties License #01273059 Listed on: 10/01/2021

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Traci Eiler

Berkshire Hathaway HomeServices California Properties License #01316504

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,696

Year Built

  • Built in 1938 | Remodeled

Lot Details

  • 6,932 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Brick Fence
  • Corner Lot

Parking

  • 2 Car Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Garage Door Opener
  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Raised Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,996 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Natural Gas Connected
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • Rain Gutters
  • Suburban Location

Listing and Financial Details

  • Tenant pays for exterior maintenance, HVAC maintenance, management, pest control, repairs, roof, water
  • Tax Lot 5
  • Tax Tract Number 7852
  • Assessor Parcel Number 2246005003
  • $314 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $840
  • Insurance Expense $1,368
  • Maintenance Expense $85
  • Pest Control $360
  • Professional Management Expense $2,628
  • Water Sewer Expense $1,200
  • Operating Expense $6,646
  • Gross Income $44,400
  • Net Operating Income $37,754

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,696

Year Built

Built in 1938 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Price Per Unit: 450000
  • Professional Management Expense: 2628.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1200.00
  • Zoning: LARD1.5
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 2246005003
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 495.99

Exterior Features

  • Foundation: Raised, Slab
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Block, Brick
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Door Opener
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator, Tankless Water Heater, Water Heater
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Individual Room
  • Pest Control Expense: 360.00
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6932.00
  • Lot Size Acres: 0.1591

Rental Info

  • Tenant Pays: Exterior Maintenance, HVAC Maintenance, Management, Pest Control, Repairs, Roof, Water

Multi Family

  • Average2 Bed Area: 958 Square Feet
  • Average Studio Area: 1036 Square Feet
  • Gross Income: 44400.00
  • Gross Operating Income: 44400.00
  • Gross Scheduled Income: 44400.00
  • Insurance Expense: 1368.00
  • Lot Size Area: 6932.0000 Square Feet
  • Maintenance Expense: 85.00
  • Net Operating Income: 37754.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number Wall A C: 3
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 6646.00
  • Rent Control: Yes
  • Total Expenses: 6646.00

Tax Info

  • Tax Census Tract: 1286.01
  • Tax Lot: 5
  • Tax Tract Number: 7852
  • TaxOtherAnnualAssessmentAmount: 314.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2022
Sold by
Moshe Agive
Bought by
Mapl Development Llc
Current Estimated Value
$1,242,823

Purchase Details

Listed on
Oct 1, 2021
Closed on
Dec 14, 2021
Sold by
Tevel Alona
Bought by
Agive Moshe
Seller's Agent
Gary Dean Ruebsamen
Berkshire Hathaway HomeServices California Properties
List Price
$900,000
Sold Price
$990,000
Premium/Discount to List
$90,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Original Mortgage
$792,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 1, 2021
Closed on
Oct 26, 2021
Sold by
Mainguene Isabelle Marie Celine
Bought by
Agive Moshe
Seller's Agent
Gary Dean Ruebsamen
Berkshire Hathaway HomeServices California Properties
List Price
$900,000
Sold Price
$990,000
Premium/Discount to List
$90,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$792,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2010
Sold by
U S Bank National Association
Bought by
Mainguene Isabelle Marie Celine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2009
Sold by
Garcia Pablo
Bought by
Us Bank National Association

Purchase Details

Closed on
Sep 22, 2005
Sold by
Garcia Pablo
Bought by
Garcia Jhaneth Gomez

Purchase Details

Closed on
Aug 26, 2003
Sold by
Carmody Rebeca A and Carmody Robert M
Bought by
Garcia Pablo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Mapl Development Llc -- Chicago Title
Agive Moshe -- California Title Company
Agive Moshe $990,000 California Title Company
Mainguene Isabelle Marie Celine $325,000 Lawyers Title Company
Us Bank National Association $292,500 Lawyers Title
Garcia Jhaneth Gomez -- --
Garcia Pablo $360,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Agive Moshe $792,000
Previous Owner Mainguene Isabelle Marie Celine $260,000
Previous Owner Garcia Pablo $380,000
Previous Owner Garcia Pablo $288,000
Previous Owner Carmody Robert M $94,850
Closed Garcia Pablo $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $990,000 +10.0% $496 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $900,000 -- $451 / 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 $12,696 $1,050,595 $626,112 $424,483
2024 $12,696 $1,029,996 $613,836 $416,160
2023 $12,450 $1,009,800 $601,800 $408,000
2022 $11,790 $990,000 $590,000 $400,000
2021 $4,790 $387,557 $212,263 $175,294
2020 $4,833 $383,584 $210,087 $173,497
2019 $4,648 $376,064 $205,968 $170,096
2018 $4,542 $368,691 $201,930 $166,761
2016 $4,323 $354,377 $194,090 $160,287
2015 $4,260 $349,055 $191,175 $157,880
2014 $4,284 $342,219 $187,431 $154,788
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21218847

California Regional Multiple Listing Service (CRMLS)

APN: 2246-005-003