NOT LISTED FOR SALE

14123 Olive St Baldwin Park, CA 91706

Estimated Value: $819,193 - $1,024,000

4 Beds
2 Baths
1,296 Sq Ft
$699/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $560,000 $432 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,462/month

11 Days on Market

Highlights

  • 0.29 Acre Lot
  • No HOA
  • Laundry Room
  • Main Floor Bedroom

About This Home

As of October 2019

Conveniently located 2 UNITS in central of Baldwin Park City! This is a great opportunity for investors. Both 2 units are long term tenants, the 2 houses are detached from each other, has its own large size yard for entertaining and detached garage for car or storage space. Owner replaced water heater couple years ago, also newly installed laminate floor for both units. Back house has remodeled bathroom and repipe partially. There is plenty of room in the driveway and yard to park additional cars. Both tenants want to stay, seller can carry the loan for qualified buyers with good % of down-payment! Current Rental income $1100 Front $1250 Back (market rent should be $1500 each)**PLEASE DO NOT WALK ON PROPERTY OR DISTURB TENANTS!! DO NOT PARK ON THE PROPERTY.

Last Agent to Sell the Property

Katie Yau

Pinnacle Real Estate Group License #01824795 Listed on: 09/09/2019

Pinnacle Real Estate Group

Last Buyer's Agent

Zhongmin Su

Universal Elite Inc. License #01936028

Universal Elite Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,891

Year Built

  • Built in 1945

Lot Details

  • 0.29 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,296 Sq Ft Home
  • Duplex
  • Partial Copper Plumbing

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 17043
  • Assessor Parcel Number 8536006023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,891

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: BPR1*
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 8536006023
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1296.00 Square Feet
  • Interior Amenities: Copper Plumbing Partial
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 432.10
  • Room Type: Main Floor Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Baldwin Park Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 12506.00
  • Lot Size Acres: 0.2871

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12506.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4050.01
  • Tax Lot: 7
  • Tax Tract Number: 17043

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2019
Closed on
Oct 10, 2019
Sold by
Lee Five Investment Llc
Bought by
Liang Yam Xiang
Seller's Agent
Katie Yau
Pinnacle Real Estate Group
Buyer's Agent
Zhongmin Su
Universal Elite Inc.
List Price
$529,000
Sold Price
$560,000
Premium/Discount to List
$31,000
5.86%
Current Estimated Value
$906,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,048
Avg. Annual Appreciation
8.34%
Original Mortgage
$392,000
Outstanding Balance
$343,412
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$562,636

Purchase Details

Closed on
Oct 5, 2007
Sold by
Lee Dennis K and Lee Cecilia N
Bought by
Lee Five Investment Llc

Purchase Details

Closed on
Nov 23, 2005
Sold by
Ng Louis Chi Hung and Ng Van Paula
Bought by
Lee Dennis K and Lee Cecilia N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Liang Yam Xiang $560,000 Fidelity National Title
Lee Five Investment Llc -- None Available
Lee Dennis K $530,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liang Yam Xiang $392,000
Previous Owner Lee Dennis K $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2019 10/11/19 Sold $560,000 +5.9% $432 / Sq Ft
09/09/2019 09/09/19 For Sale $529,000 -- $408 / 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 $7,891 $612,437 $437,456 $174,981
2024 $7,891 $600,429 $428,879 $171,550
2023 $7,812 $588,657 $420,470 $168,187
2022 $7,965 $577,116 $412,226 $164,890
2021 $7,851 $565,801 $404,144 $161,657
2020 $7,836 $560,000 $400,000 $160,000
2019 $8,553 $649,272 $526,773 $122,499
2018 $8,064 $636,543 $516,445 $120,098
2016 $5,668 $440,000 $352,900 $87,100
2015 $5,904 $440,000 $352,900 $87,100
2014 $5,058 $374,000 $300,000 $74,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR19220174

California Regional Multiple Listing Service (CRMLS)

APN: 8536-006-023