NOT LISTED FOR SALE

Estimated Value: $664,000 - $943,000

7 Beds
3 Baths
2,492 Sq Ft
$348/Sq Ft Est. Value

Last Sold September 11, 2018

Last sale price $585,000 $235 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,424/month

69 Days on Market

About This Home

As of September 2018

Own for the price of renting and SAVE! This 3 apartment building (triplex) has 1- 3 Bedroom 1 bath unit and 2-2 bedroom 1 bath units. A total of 7 bedrooms 3 Full Bathrooms with 2,500 Sq Ft. Each unit has it’s laundry room! The building is currently 100% occupied, but a 2 bed 1 bath unit can be made available! Property Sold in AS-IS condition.

Last Agent to Sell the Property

Gregory Eubanks

Redfin Corporation License #01949808 Listed on: 06/02/2018

Redfin Corporation

Co-Listed By

henry vega

Enrique Henry Vega Jr. Broker License #01765081

Last Buyer's Agent

Nery Moreno

MViP License #02023365

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,046

Year Built

  • Built in 1964

Lot Details

  • 5,320 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • 2,492 Sq Ft Home
  • Bungalow
  • Property Attached
  • Composition Roof

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • Exterior Lighting
  • Urban Location
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 2
  • Tax Tract Number 2397
  • Assessor Parcel Number 6031030019

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Water Sewer Expense $1,500
  • Operating Expense $2,800
  • Gross Income $41,892
  • Net Operating Income $39,092

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,046

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: 3106637896
  • Property Attached: Yes
  • Water Sewer Expenses: 1500.00
  • Zoning: LAR2
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 6031030019
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 234.75

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside, Washer Hookup
  • Sewer: Sewer Paid

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5320.00

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 41892.00
  • Gross Scheduled Income: 41892.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 39092.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes
  • Total Expenses: 2800.00

Tax Info

  • Tax Census Tract: 2397.01
  • Tax Lot: 2
  • Tax Tract Number: 2397

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2018
Closed on
Aug 10, 2018
Sold by
Whitaker Lamait L
Bought by
Chavez William and Vasquez Cindy
Seller's Agent
Gregory Eubanks
Redfin Corporation
Buyer's Agent
Nery Moreno
MViP
List Price
$629,000
Sold Price
$585,000
Premium/Discount to List
-$44,000
-7%
Current Estimated Value
$868,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,029
Avg. Annual Appreciation
5.87%
Original Mortgage
$574,404
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 31, 2014
Sold by
Puccio Rachel
Bought by
Whitaker Lamarr L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,026
Interest Rate
4.09%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 19, 2008
Sold by
Hernandez Vicenta L
Bought by
Hernandez Vicenta Lozano and The V L Hernandez 2008 Trust
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
Chavez William $585,000 Usa National Title Company
Whitaker Lamarr L $410,000 First American Title
Hernandez Vicenta Lozano -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez William $568,000
Closed Chavez William $573,397
Closed Chavez William $574,404
Previous Owner Whitaker Lamarr L $378,026
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2018 09/11/18 Sold $585,000 +1.7% $235 / Sq Ft
08/02/2018 08/02/18 Price Changed $575,000 -2.4% $231 / Sq Ft
07/20/2018 07/20/18 Price Changed $589,000 -1.7% $236 / Sq Ft
07/02/2018 07/02/18 Price Changed $599,000 -4.8% $240 / Sq Ft
06/02/2018 06/02/18 For Sale $629,000 +63.4% $252 / Sq Ft
09/30/2014 09/30/14 Sold $385,000 0.0% $154 / Sq Ft
09/30/2014 09/30/14 Sold $385,000 -7.5% $154 / Sq Ft
08/31/2014 08/31/14 Pending -- -- --
08/31/2014 08/31/14 Pending -- -- --
05/23/2014 05/23/14 For Sale $416,000 0.0% $167 / Sq Ft
05/23/2014 05/23/14 For Sale $416,000 -- $167 / 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 $8,046 $652,572 $373,696 $278,876
2024 $8,046 $639,777 $366,369 $273,408
2023 $7,894 $627,234 $359,186 $268,048
2022 $7,534 $614,937 $352,144 $262,793
2021 $7,432 $602,881 $345,240 $257,641
2020 $7,502 $596,700 $341,700 $255,000
2019 $7,213 $585,000 $335,000 $250,000
2018 $5,408 $433,067 $200,689 $232,378
2016 $5,149 $416,252 $192,897 $223,355
2015 $5,075 $410,000 $190,000 $220,000
2014 $1,044 $61,553 $13,579 $47,974
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18130507

California Regional Multiple Listing Service (CRMLS)

APN: 6031-030-019