NOT LISTED FOR SALE

Estimated Value: $789,000 - $1,132,000

6 Beds
5 Baths
2,512 Sq Ft
$395/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $760,000 $303 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,277/month

39 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • 1-Story Property
  • California High School Rated A-

About This Home

As of December 2020

Don't miss out on this secure money-making investment opportunity! 3 unit triplex with the possibility to build a 4th unit. Back units are upgraded 2 beds/2 baths. Front unit is 2 bed/1 bath. 5 parking spaces with room to add 2 more.

INVESTORS! - If you are looking for an easy monthly cash flow with secured tenants, then look no further! Make your appointment to view this property today, as it will not last!!

FIRST-TIME HOMEBUYERS! - Looking to purchase a property that will allow you to live rent-free? Want to live in your home and have the other units pay for your mortgage PLUS provide with you additional monthly income? Then this is the opportunity you are looking for! The property is located within very short walking distance to schools, restaurants, stores, and the Candlewood Country Club. Great location! This opportunity is priced right and will not last!

Last Agent to Sell the Property

Candy Chatchaiyan

The Realty Group License #02091536 Listed on: 09/04/2020

Last Buyer's Agent

Lupe Pinon

LPT Realty, Inc License #01213431

LPT Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,476

Year Built

  • Built in 1954

Lot Details

  • 6,015 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 2,512 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 2 Open Parking Spaces
  • 5 Parking Spaces
  • 3 Carport Spaces
  • Parking Available
  • Paved Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Private Water Source

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 3 / B
  • Tax Tract Number 11406
  • Assessor Parcel Number 8031004015

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $1,200
  • Water Sewer Expense $1,440
  • New Taxes Expense $10,041
  • Operating Expense $13,681
  • Gross Income $67,200
  • Net Operating Income $53,519

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,476

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1440.00
  • Zoning: LCR3*
  • Property Type: Residential Income
  • Parcel Number: 8031004015
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 302.55

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Carport, Covered, Concrete, Uncovered
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside, Outside
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Private
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, 2-5 Units/Acre
  • Lot Size Sq Ft: 6015.00
  • Lot Size Acres: 0.1381
  • Latitude Manual: 33.92216400

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 67200.00
  • Gross Scheduled Income: 67200.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6015.0000 Square Feet
  • Net Operating Income: 53519.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 13681.00
  • Rent Control: No
  • Total Actual Rent: 5600.00
  • Total Expenses: 13681.00

Tax Info

  • New Taxes Expense: 10041.00
  • Tax Block: B
  • Tax Census Tract: 5031.05
  • Tax Lot: 3
  • Tax Tract Number: 11406

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Oct 27, 2020
Sold by
Osman Matthew A and Alarnous Alaa Aldeen
Bought by
Pinon Antonio
Seller's Agent
Candy Chatchaiyan
The Realty Group
Buyer's Agent
Lupe Pinon
LPT Realty, Inc
List Price
$775,000
Sold Price
$760,000
Premium/Discount to List
-$15,000
-1.94%
Current Estimated Value
$991,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,828
Avg. Annual Appreciation
5.75%
Original Mortgage
$724,154
Outstanding Balance
$645,863
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$344,122

Purchase Details

Listed on
Nov 14, 2016
Closed on
Mar 22, 2017
Sold by
Osman Matthew A
Bought by
Aldeen Osman Matthew A and Aldeen Alarnous Alaa
Seller's Agent
Amaury Montalvo
Century 21 Realty Masters
Buyer's Agent
Nonmember Nonmember
Nonmember Office
List Price
$665,000
Sold Price
$635,000
Premium/Discount to List
-$30,000
-4.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%
Original Mortgage
$476,250
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2016
Closed on
Mar 16, 2017
Sold by
Osman Judy
Bought by
Osman Matthew A
Seller's Agent
Amaury Montalvo
Century 21 Realty Masters
Buyer's Agent
Nonmember Nonmember
Nonmember Office
List Price
$665,000
Sold Price
$635,000
Premium/Discount to List
-$30,000
-4.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,250
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2016
Closed on
Jan 24, 2017
Sold by
Alvarado Alicia
Bought by
Osman Matthew A
Seller's Agent
Amaury Montalvo
Century 21 Realty Masters
Buyer's Agent
Nonmember Nonmember
Nonmember Office
List Price
$665,000
Sold Price
$635,000
Premium/Discount to List
-$30,000
-4.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,250
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2007
Sold by
Solano Gerado and Jimenez Maria Del Rosario
Bought by
Alvarado Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 2004
Sold by
Solano Gerardo
Bought by
Solano Gerardo and Jimenez Maria Del Rosario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
7.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2002
Sold by
Solano Gerardo and Vazquez Francisco
Bought by
Solano Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,750
Interest Rate
5.86%

Purchase Details

Closed on
Mar 24, 2001
Sold by
Solano Gerardo and Vazquez Francisco
Bought by
Solano Gerardo and Vazquez Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,117
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 27, 2000
Sold by
Jimenez Maria D
Bought by
Solano Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,485
Interest Rate
8.38%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 21, 1999
Sold by
Duarte Charles S
Bought by
Solano Gerardo and Vasquez Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,485
Interest Rate
8.38%
Mortgage Type
FHA
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
Pinon Antonio $760,000 California Title Company
Aldeen Osman Matthew A -- None Available
Osman Matthew A -- Old Republic Title Company
Osman Matthew A $635,000 Old Republic Title Company
Alvarado Alicia $655,000 First American Title Co
Solano Gerardo -- New Century Title Company
Solano Gerardo -- Fidelity
Solano Gerardo -- Fidelity National Title
Solano Gerardo -- --
Solano Gerardo $228,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pinon Antonio $724,154
Previous Owner Osman Matthew A $476,250
Previous Owner Alvarado Alicia $500,000
Previous Owner Solano Gerardo $480,000
Previous Owner Solano Gerardo $432,000
Previous Owner Solano Gerardo $355,000
Previous Owner Solano Gerardo $267,750
Previous Owner Solano Gerardo $233,117
Previous Owner Solano Gerardo $226,485
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $760,000 -1.9% $303 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $775,000 +22.0% $309 / Sq Ft
03/22/2017 03/22/17 Sold $635,000 -2.3% $253 / Sq Ft
02/15/2017 02/15/17 Pending -- -- --
01/06/2017 01/06/17 Price Changed $649,900 -2.3% $259 / Sq Ft
11/14/2016 11/14/16 For Sale $665,000 -- $265 / 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 $10,476 $822,646 $435,136 $387,510
2024 $10,476 $806,516 $426,604 $379,912
2023 $9,900 $790,703 $418,240 $372,463
2022 $9,976 $775,200 $410,040 $365,160
2021 $9,770 $760,000 $402,000 $358,000
2020 $8,765 $673,866 $355,504 $318,362
2019 $8,705 $660,654 $348,534 $312,120
2018 $8,402 $647,700 $341,700 $306,000
2016 $7,731 $600,000 $400,000 $200,000
2015 $6,634 $512,000 $350,000 $162,000
2014 $7,361 $570,000 $350,000 $220,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20184615

California Regional Multiple Listing Service (CRMLS)

APN: 8031-004-015