NOT LISTED FOR SALE

Estimated Value: $702,836 - $858,000

5 Beds
3 Baths
1,428 Sq Ft
$548/Sq Ft Est. Value

Last Sold October 06, 2015

Last sale price $400,000 $280 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $4,591/month

23 Days on Market

Highlights

  • Built in 1921 | Newly Remodeled
  • Contemporary Architecture
  • Laundry Room
  • Gated Parking
  • Neighborhood Views
  • Central Heating

About This Home

As of October 2015

Two unit, income property.

The front unit has been remodel, it has 3 bedrooms 2 bathrooms, Granite counters, stainless steel sink, new cabinets, new stove, ceiling fans in each bedroom, mirrored closets. Turnkey ready!!!

The Second unit offers two bedrooms one bathroom. There is an additional second bathroom with shower, no tub (Possibly w/ out Permit) second unit is renter occupied.

Each unit has its own detach garage plus plenty of parking space on a gated property.

This property is perfect for an investor, or rent one unit and live in the other unit.

Last Agent to Sell the Property

Julio Segovia

No Firm Affiliation License #01746071 Listed on: 06/06/2015

Last Buyer's Agent

Carlos Boche

Hills Realty License #01292954

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921 | Newly Remodeled

Lot Details

  • 5,403 Sq Ft Lot
  • No Common Walls
  • Fence is in average condition
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Gravel Driveway
  • Gated Parking
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Turnkey
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,428 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Laminate Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 53
  • Tax Tract Number 2
  • Assessor Parcel Number 6011002053

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $35
  • Insurance Expense $54
  • Trash Expense $30
  • Water Sewer Expense $15
  • New Taxes Expense $3,000
  • Gross Income $3,100
  • Net Operating Income $810

Property Details

Home Type

Multi-Family

Year Built

Built in 1921 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 15.00
  • Architectural Style: Contemporary
  • New Construction: Yes
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Type: Residential Income
  • Parcel Number: 6011002053
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 280.11
  • Room Type: Family Room

Exterior Features

  • Foundation: Concrete Perimeter
  • View: Neighborhood
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Gravel, Garage, Gated
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Common Area
  • Trash Expense: 30.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5403.00
  • Price Per Lot Square Foot: 74.03
  • Lot Size Acres: 0.1240

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 35.00
  • Gross Income: 3100.00
  • Gross Scheduled Income: 37200.00
  • Insurance Expense: 54.00
  • Lot Size Area: 5403.0000 Square Feet
  • Net Operating Income: 810.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 154.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 3000.00
  • Tax Lot: 53
  • Tax Tract Number: 02
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2015
Sold by
Marquez Ady
Bought by
Reyes Keivin O
Current Estimated Value
$782,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 31, 2014
Closed on
Sep 17, 2014
Sold by
Marquez Roberto
Bought by
Marquez Ady
Seller's Agent
Enrique Gomez
First Family Homes
Buyer's Agent
Maria Buenrostro
American Capitol Realty
List Price
$320,000
Sold Price
$320,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%
Original Mortgage
$314,204
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 31, 2014
Closed on
Aug 13, 2014
Sold by
Sanches Jose Albis and Lopez Renato
Bought by
Marquez Ady
Seller's Agent
Enrique Gomez
First Family Homes
Buyer's Agent
Maria Buenrostro
American Capitol Realty
List Price
$320,000
Sold Price
$320,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,204
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 24, 2011
Sold by
Morales Charlton
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Nov 30, 2009
Sold by
Sanchez Guadalupe
Bought by
Sanches Jose Albis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,471
Interest Rate
4.91%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 2009
Sold by
Cyprus Brett M
Bought by
Sanches Jose Albis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,471
Interest Rate
4.91%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 27, 2008
Sold by
Cyprus Jane Dellen
Bought by
Cyprus Brett M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2008
Sold by
Morales Charlton
Bought by
Cyprus Brett M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2005
Sold by
Garcia Jose and Garcia Martha
Bought by
Morales Charlton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 28, 2004
Sold by
Garcia Jose and Garcia Martha
Bought by
Garcia Jose and Garcia Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2000
Sold by
Castillo Raul A and Sanchez Jose L
Bought by
Giron Jose O Garcia and Lemus Martha A

Purchase Details

Closed on
Apr 27, 1999
Sold by
Perez Agustina
Bought by
Castillo Raul A and Sanchez Jose L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,149
Interest Rate
7.05%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reyes Keivin O $400,000 Provident Title Company
Marquez Ady -- Wfg Title Company
Marquez Ady $320,000 Wfg Title Company
Wells Fargo Bank N A $124,027 None Available
Sanches Jose Albis -- Lawyers Title
Sanches Jose Albis -- Lawyers Title
Cyprus Brett M -- Southland Title Corporation
Cyprus Brett M $144,610 None Available
Morales Charlton $400,000 Ticor Title Co Glendale
Garcia Jose -- Ticor Title Company
Giron Jose O Garcia -- --
Castillo Raul A $128,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reyes Keivin O $400,000
Previous Owner Marquez Ady $314,204
Previous Owner Sanches Jose Albis $245,471
Previous Owner Cyprus Brett M $166,500
Previous Owner Morales Charlton $320,000
Previous Owner Garcia Jose $175,000
Previous Owner Castillo Raul A $127,149
Closed Garcia Jose $97,000
Closed Morales Charlton $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2015 10/06/15 Sold $400,000 -7.0% $280 / Sq Ft
06/29/2015 06/29/15 Pending -- -- --
06/06/2015 06/06/15 For Sale $430,000 +34.4% $301 / Sq Ft
09/22/2014 09/22/14 Sold $320,000 0.0% $224 / Sq Ft View Prior Sale
08/09/2014 08/09/14 Pending -- -- --
07/31/2014 07/31/14 For Sale $320,000 -- $224 / 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 $5,882 $473,513 $266,351 $207,162
2024 $5,882 $464,229 $261,129 $203,100
2023 $5,771 $455,127 $256,009 $199,118
2022 $5,507 $446,204 $250,990 $195,214
2021 $5,435 $437,456 $246,069 $191,387
2020 $5,487 $432,971 $243,546 $189,425
2019 $5,276 $424,482 $238,771 $185,711
2018 $5,199 $416,160 $234,090 $182,070
2016 $4,954 $400,000 $225,000 $175,000
2015 $4,001 $320,000 $180,000 $140,000
2014 $3,872 $301,153 $150,787 $150,366
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15122166

California Regional Multiple Listing Service (CRMLS)

APN: 6011-002-053