NOT LISTED FOR SALE

Estimated Value: $1,032,384 - $1,158,000

9 Beds
5 Baths
1 Sq Ft
$1,104,096/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $1,050,000 $1,050,000 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,938/month

137 Days on Market

Highlights

  • Laundry Room
  • No Heating
  • 3-minute walk to Adrienne Mitchell Memorial Park

About This Home

As of September 2024

Take a look at this Great investment opportunity for cash flow or first-time home buyers looking for a deal! Buy to cash flow or live in one and rent the rest of the units! This remarkable property offers a total of 4 units. The biggest unit offers 3 bedrooms, and 2 baths with a fully renovated kitchen. The other 3 units are approximately 800 SQFT with 2 bedrooms and 1 bath. 2 units are on a contract lease and the other 2 are out of contract. There is a one-car garage for each unit & on-site laundry. It is Conveniently located near shopping centers, restaurants, Schools, Home Depot and more!

Last Agent to Sell the Property

Veronica Mendoza

Elevate Real Estate Agency Brokerage Phone: 714-785-7134 License #01926369 Listed on: 04/08/2024

Elevate Real Estate Agency

Last Buyer's Agent

Prashant Sampat

Pacific Avenue Realty License #01916221

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Entry on the 2nd floor

Interior Spaces

  • 1 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 50
  • Tax Tract Number 2831
  • Assessor Parcel Number 291291005
  • $1,161 per year additional tax assessments

Community Details

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $700
  • Insurance Expense $1,200
  • Trash Expense $1,000
  • Operating Expense $2,300
  • Gross Income $71,280
  • Net Operating Income $59,655

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 291291005
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 2
  • Levels: Two

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Electric Expense: 700.00
  • Gross Income: 71280.00
  • Gross Scheduled Income: 71280.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 59655.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 59655.00
  • Rent Control: No
  • Total Expenses: 2300.00

Tax Info

  • Tax Census Tract: 467.00
  • Tax Lot: 50
  • Tax Tract Number: 2831
  • TaxOtherAnnualAssessmentAmount: 1161.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
Sep 9, 2024
Sold by
Rene and Rene Alejandra Rodriguez
Bought by
Patel Amish
Seller's Agent
Veronica Mendoza
Elevate Real Estate Agency
Buyer's Agent
Prashant Sampat
Pacific Avenue Realty
List Price
$1,250,000
Sold Price
$1,050,000
Premium/Discount to List
-$200,000
-16%
Views
119
Current Estimated Value
$1,104,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,096
Avg. Annual Appreciation
3.88%
Original Mortgage
$735,000
Outstanding Balance
$726,769
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$377,327

Purchase Details

Listed on
Apr 24, 2023
Closed on
Sep 27, 2023
Sold by
Le Lily
Bought by
Rodriguez Robert Rene
Seller's Agent
Lily Le
999 Investments, Inc
Buyer's Agent
Veronica Mendoza
Elevate Real Estate Agency
List Price
$1,200,000
Sold Price
$1,160,000
Premium/Discount to List
-$40,000
-3.33%
Views
335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.57%
Original Mortgage
$812,000
Interest Rate
7.09%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 24, 2023
Closed on
Sep 8, 2023
Sold by
Rodriguez Maria
Bought by
Rodriguez Rene Robert
Seller's Agent
Lily Le
999 Investments, Inc
Buyer's Agent
Veronica Mendoza
Elevate Real Estate Agency
List Price
$1,200,000
Sold Price
$1,160,000
Premium/Discount to List
-$40,000
-3.33%
Views
335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,000
Interest Rate
7.09%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 16, 2021
Closed on
Oct 13, 2021
Sold by
Nguyen Paul Dang
Bought by
Le Lily
Seller's Agent
Brittany Leighton
X Real Estate
Buyer's Agent
Lily Le
999 Investments, Inc
List Price
$720,000
Sold Price
$810,000
Premium/Discount to List
$90,000
12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.81%
Original Mortgage
$648,000
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2021
Sold by
Laguna John D and De La Torre
Bought by
Le Lily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2021
Sold by
Laguna John D
Bought by
Laguna John D and De La Torre

Purchase Details

Closed on
Jun 21, 2017
Sold by
La Primera Llc
Bought by
Laguna John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 3, 2016
Sold by
Laguna John D
Bought by
La Primera Llc

Purchase Details

Closed on
Jul 1, 2009
Sold by
Dela Torre Ofelia
Bought by
Laguna John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
5.25%
Mortgage Type
Commercial

Purchase Details

Closed on
May 15, 2009
Sold by
The Bank Of New York
Bought by
Laguna John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
5.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 27, 2008
Sold by
Stevens Debbie
Bought by
The Bank Of New York

Purchase Details

Closed on
Dec 3, 2004
Sold by
Stevens Debbie
Bought by
Stevens Debbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,000
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 14, 2002
Sold by
Rapid Investments Llp
Bought by
Stevens Debbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
9.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 2002
Sold by
Rodriguez Robert Rene
Bought by
Rodriguez Rene & Alejandra Revocable Trust and Rodriguez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
9.45%
Mortgage Type
Commercial

Purchase Details

Closed on
May 30, 2001
Sold by
Rapid Investments Llp
Bought by
Gampel Yury

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.14%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Patel Amish $1,050,000 First American Title
Rodriguez Robert Rene $1,160,000 Wfg National Title
Rodriguez Rene Robert -- Wfg National Title
Le Lily -- First Amer Ttl Co Res Div
Le Lily $810,000 First Amer Ttl Co Res Div
Laguna John D -- Accommodation
Laguna John D -- Lawyers Title
Laguna John D -- Lawyers Title
La Primera Llc -- Lawyers Title
Laguna John D -- Landsafe Title Of Ca Inc
Laguna John D $245,000 Landsafe Title Of Ca Inc
The Bank Of New York $399,075 None Available
Stevens Debbie -- Fidelity National Title
Stevens Debbie $245,000 Ticor Title Insurance Compan
Rodriguez Rene & Alejandra Revocable Trust -- None Listed On Document
Gampel Yury -- United Title Company
Gampel Yury -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Amish $735,000
Previous Owner Rodriguez Robert Rene $812,000
Previous Owner Le Lily $648,000
Previous Owner Laguna John D $380,000
Previous Owner Laguna John D $183,750
Previous Owner Stevens Debbie $339,000
Previous Owner Stevens Debbie $183,750
Previous Owner Gampel Yury $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2024 09/30/24 Sold $1,050,000 -4.5% $1,050,000 / Sq Ft
08/23/2024 08/23/24 Pending -- -- --
08/19/2024 08/19/24 Price Changed $1,100,000 -4.3% $1,100,000 / Sq Ft
04/22/2024 04/22/24 Price Changed $1,149,900 -4.2% $1,149,900 / Sq Ft
04/12/2024 04/12/24 Price Changed $1,199,990 -4.0% $1,199,990 / Sq Ft
04/08/2024 04/08/24 For Sale $1,250,000 +7.8% $1,250,000 / Sq Ft
10/03/2023 10/03/23 Sold $1,160,000 0.0% $290 / Sq Ft View Prior Sale
07/18/2023 07/18/23 Pending -- -- --
07/07/2023 07/07/23 Off Market $1,160,000 -- --
04/24/2023 04/24/23 For Sale $1,200,000 +48.1% $300 / Sq Ft
12/09/2021 12/09/21 Sold $810,000 +3.2% $203 / Sq Ft View Prior Sale
11/15/2021 11/15/21 Price Changed $785,000 +9.0% $196 / Sq Ft
11/10/2021 11/10/21 For Sale $720,000 0.0% $180 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $720,000 -11.1% $180 / Sq Ft
09/01/2021 09/01/21 Off Market $810,000 -- --
09/01/2021 09/01/21 For Sale $720,000 -11.1% $180 / Sq Ft
08/24/2021 08/24/21 Off Market $810,000 -- --
08/16/2021 08/16/21 For Sale $720,000 -- $180 / 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 $14,384 $1,050,000 $315,000 $735,000
2023 $14,384 $826,200 $188,700 $637,500
2022 $10,204 $810,000 $185,000 $625,000
2021 $5,351 $375,268 $79,341 $295,927
2020 $5,304 $371,421 $78,528 $292,893
2019 $5,233 $364,139 $76,989 $287,150
2018 $5,005 $357,000 $75,480 $281,520
2017 $4,769 $350,000 $74,000 $276,000
2016 $3,874 $267,142 $59,969 $207,173
2015 $3,828 $263,131 $59,069 $204,062
2014 $3,613 $257,979 $57,913 $200,066
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24067901

California Regional Multiple Listing Service (CRMLS)

APN: 291-291-005