NOT LISTED FOR SALE
10 Beds
6 Baths
5,547 Sq Ft
0.99 Acre Lot

Sale Details

Date Sold: April 28, 2016

Last sale price $1,170,000 $211 Per Sq Ft

10 Days on Market

Highlights

  • 43,211 Sq Ft lot
  • Private Yard
  • Horse Trails

About This Home

As of April 2016

5 individual/detached units with own meters on a huge lot; each unit has its own yard and parking (either garages or carport). Long term tenants. Many renovations done in the last couple of months on 2 of the units due to fire (new roof, etc). Zoned with potential to growth. Buyers to consult the city. Low rents with potential to increase in a highly desirable rent area due to proximity to schools, businesses, malls. Won't last!

Last Agent to Sell the Property

Manny Martinez

Coldwell Banker Envision License #01785803 Listed on: 03/29/2016

Coldwell Banker Envision

Last Buyer's Agent

Manny Martinez

Coldwell Banker Envision License #01785803 Listed on: 03/29/2016

Coldwell Banker Envision
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 43,211 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 7 Car Garage

Home Design

  • 5,547 Sq Ft Home

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 1343
  • Assessor Parcel Number 8206013050

Community Details

Overview

  • 5 Buildings
  • 5 Units

Recreation

  • Horse Trails

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $100
  • Insurance Expense $1,400
  • Trash Expense $125
  • Water Sewer Expense $100
  • New Taxes Expense $11,140
  • Gross Income $7,175
  • Net Operating Income $69,660

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0.99 Acres

Parking

7

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 100.00
  • Property Type: Residential Income
  • Parcel Number: 8206013050
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 210.92

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 7.00
  • Total Parking Spaces: 15.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 125.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Horse Trails

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 43211.00
  • Price Per Lot Square Foot: 27.08

Multi Family

  • Electric Expense: 100.00
  • Gross Income: 7175.00
  • Gross Scheduled Income: 86100.00
  • Insurance Expense: 1400.00
  • Net Operating Income: 69660.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 5
  • Operating Expense: 16440.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 11140.00
  • Tax Lot: 3
  • Tax Tract Number: 1343

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

Closed on
Feb 3, 2020
Sold by
Wen Fannie
Bought by

Purchase Details

Listed on
Mar 29, 2016
Closed on
Apr 15, 2016
Sold by
Zhang Xin
Bought by
Wen Fannie
Seller's Agent
Manny Martinez
Coldwell Banker Envision
Buyer's Agent
Manny Martinez
Coldwell Banker Envision
List Price
$1,300,000
Sold Price
$1,170,000
Premium/Discount to List
-$130,000
-10%

Purchase Details

Listed on
Mar 29, 2016
Closed on
Apr 7, 2016
Sold by
Perez Juventino G and Juventino G Perez Living Trust
Bought by
Wen Fannie
Seller's Agent
Manny Martinez
Coldwell Banker Envision
Buyer's Agent
Manny Martinez
Coldwell Banker Envision
List Price
$1,300,000
Sold Price
$1,170,000
Premium/Discount to List
-$130,000
-10%

Purchase Details

Closed on
Feb 18, 2016
Sold by
Perez Juventino G
Bought by
Perez Juventino G and Juvenito G Perez Living Trust

Purchase Details

Closed on
Mar 23, 2011
Sold by
Martinez Felipe and Martinez Marilyn
Bought by
Perez Juventino G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,300
Interest Rate
4.56%
Mortgage Type
Commercial

Purchase Details

Closed on
May 27, 2008
Sold by
14048-14052 Proctor Llc
Bought by
Martinez Felipe and Martinez Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 29, 2004
Sold by
Martinez Felipe and Martinez Marilyn
Bought by
14048-14052 Proctor Ltd Liability Co
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
-- None Available
Wen Fannie -- Orange Coast Title Co Socal
Wen Fannie $1,170,000 Orange Coast Title Co Socal
Perez Juventino G -- None Available
Perez Juventino G -- None Available
Perez Juventino G $762,000 Orange Coast Title
Martinez Felipe -- Accommodation
14048-14052 Proctor Ltd Liability Co -- --
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
Previous Owner $495,300
Previous Owner Martinez Felipe $300,000
Previous Owner Martinez Felipe $175,000
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
04/28/2016 04/28/16 Sold $1,170,000 -10.0% $211 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
03/29/2016 03/29/16 For Sale $1,300,000 -- $234 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $1,369 $22,635
2024 $1,296 $27,724
2023 $1,334 $22,315 $6,098 $16,217
2022 $1,296 $16,877 $4,269 $12,608
2021 $1,237 $12,943 $0 $0
2020 $1,181 $12,539 $0 $0
2019 $1,135 $11,593 $0 $0
2018 $1,120 $10,856 $0 $0
2017 $1,474 $10,959 $0 $0
2016 $961 $11,179 $1,250 $9,929
2014 $918 $5,896 $1,000 $4,896
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16065043

California Regional Multiple Listing Service (CRMLS)
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