NOT LISTED FOR SALE
8 Beds
4 Baths
3,264 Sq Ft
7,989 Sq Ft Lot

Sale Details

Date Sold: March 27, 2018

Last sale price $1,398,000 $428 Per Sq Ft

7 Days on Market

About This Home

As of March 2018

Great investment opportunity! Most desirable street in the neighborhood, large lot, nice front and back yards. Professionally managed, well maintained, no deferred maintenance. Brand new thousands dollars of commercial water heater. Fully occupied, Unit 1 rent will be increased to $1870 from Apr 1. Minutes drive to 101, 280 and 680.

Last Agent to Sell the Property

Lucy Li

AEZ Investment, Inc. License #01970887 Listed on: 02/20/2018

Last Buyer's Agent

Steve Sharma

Sunworld Bankers & Real Estate License #01245613

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1970

Lot Details

  • 7,989

Home Design

  • Quadruplex
  • Permanent Foundation
  • Shingle Roof

Interior Spaces

  • 3,264 Sq Ft Home
  • 2-Story Property

Parking

  • 1 Parking Space
  • On-Street Parking
  • Uncovered Parking

Additional Features

  • 7,989 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $86,100

Community Details

Overview

  • Property has a Home Owners Association
  • 3,264 Sq Ft Building

Building Details

  • 4 Leased Units
  • Gardener Expense $564
  • Insurance Expense $1,732
  • Maintenance Expense $3,978
  • Manager Expense $4,200
  • Other Expense $4,080
  • Utility Expense $3,841
  • Trash Expense $2,379
  • Operating Expense $34,560
  • Gross Income $86,100

Security

  • Security Service

Property Details

Home Type

Multi-Family

Year Built

1970

Lot Details

7,989 Sq Ft Lot

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3264
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1970

Interior Features

  • Living Sq Ft: 3264
  • Stories: 2
  • Security: Security Service

Exterior Features

  • Foundation: Permanent
  • Roof: Shingle

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: On Street, Parking Restrictions, Uncovered Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 300
  • HOA Exist: Yes

Lot Info

  • Lot Acres: 0.1834
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7987.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7987.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.42
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1732
  • Expense Landscape: 564
  • Expense Maintenance: 3978
  • Expense Management: 4200
  • Expenses Other: 4080
  • Expenses Total: 34560
  • Expenses Utility: 3841
  • Expense Trash: 2379
  • Income Annual Gross: 86100.00
  • Income Annual Rental: 86100
  • Income Gross Scheduled: 86100
  • Income Includes: Rents
  • Meters: Separate Common Area
  • Number Of Buildings: 4
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Services - Gardener, Services - Trash Removal, Utilities
  • Tenant Expenses: Rent Only

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2018
Closed on
Mar 23, 2018
Sold by
Li Quinghua and The Quinghua Li Revocable Livi
Bought by
Seller's Agent
Lucy Li
AEZ Investment, Inc.
Buyer's Agent
Steve Sharma
Sunworld Bankers & Real Estate
List Price
$1,380,000
Sold Price
$1,398,000
Premium/Discount to List
$18,000
1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$952,500
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 11, 2015
Closed on
Jan 25, 2016
Sold by
Li Qinghua
Bought by
Li Qinghaa and The Qinghua Li Revocable Living Trust
Seller's Agent
Roxanne Barrionuevo
De Novo Real Estate
Buyer's Agent
Lucy Li
Keller Williams Palo Alto
List Price
$950,000
Sold Price
$950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.82%

Purchase Details

Listed on
Dec 11, 2015
Closed on
Jan 7, 2016
Sold by
Cruz Job and Cruz Julia
Bought by
Li Qinghua
Seller's Agent
Roxanne Barrionuevo
De Novo Real Estate
Buyer's Agent
Lucy Li
Keller Williams Palo Alto
List Price
$950,000
Sold Price
$950,000

Purchase Details

Closed on
Jun 19, 2007
Sold by
Lopez Victor M
Bought by
Cruz Job and Cruz Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,500
Interest Rate
6.73%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 25, 2005
Sold by
Diep Son T and Diep Eloise
Bought by
Lopez Victor M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 30, 2005
Sold by
Lopez Laura Leticia
Bought by
Lopez Victor M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 1, 2004
Sold by
Oliva Francisco
Bought by
Diep Son T and Diep Eloise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,200
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2003
Sold by
Valles Alvino and Valles Robyn Brenton
Bought by
Oliva Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,750
Interest Rate
6.4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 11, 2002
Sold by
Valles Alvino
Bought by
Valles Alvino and Valles Robyn Brenton

Purchase Details

Closed on
Dec 13, 2001
Sold by
Valles Alvino and Valles Robyn Brenton
Bought by
Valles Alvino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,750
Interest Rate
6.25%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,398,000 First Amer Title Co
Li Qinghaa -- None Available
Li Qinghua $950,000 Pacific Coast Title Company
Cruz Job $770,000 Alliance Title Company
Lopez Victor M -- Chicago Title
Lopez Victor M -- Chicago Title
Diep Son T $599,000 Financial Title Company
Oliva Francisco -- Financial Title Company
Oliva Francisco -- Financial Title Company
Valles Alvino -- --
Valles Alvino -- Alliance Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $900,000
Closed Duvvuru Dayakar R $943,000
Closed Duvvuru Dayakar R $952,500
Previous Owner Cruz Job $577,500
Previous Owner Lopez Victor M $567,000
Previous Owner Diep Son T $479,200
Previous Owner Oliva Francisco $416,500
Previous Owner Oliva Francisco $285,750
Previous Owner Valles Alvino $285,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/27/2018 03/27/18 Sold $1,398,000 +1.3% $428 / Sq Ft
02/27/2018 02/27/18 Pending -- -- --
02/20/2018 02/20/18 For Sale $1,380,000 +45.3% $423 / Sq Ft
12/31/2015 12/31/15 Sold $950,000 0.0% $291 / Sq Ft View Prior Sale
12/22/2015 12/22/15 Pending -- -- --
12/11/2015 12/11/15 For Sale $950,000 -- $291 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $22,522 $1,622,493 $963,283 $659,210
2025 $21,959 $1,590,681 $944,396 $646,285
2024 $21,959 $1,559,492 $925,879 $633,613
2023 $21,713 $1,528,915 $907,725 $621,190
2022 $21,251 $1,498,937 $889,927 $609,010
2021 $21,263 $1,469,547 $872,478 $597,069
2020 $20,828 $1,454,479 $863,532 $590,947
2019 $20,017 $1,425,960 $846,600 $579,360
2018 $14,694 $988,380 $645,048 $343,332
2017 $14,510 $969,000 $632,400 $336,600
2016 $12,562 $854,374 $554,789 $299,585
2015 $11,827 $806,000 $523,300 $282,700
2014 $10,443 $706,000 $458,400 $247,600
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81693194

MLSListings

APN: 477-32-144

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