NOT LISTED FOR SALE

14512 Pacific Ave Baldwin Park, CA 91706

Estimated Value: $836,000 - $1,040,000

4 Beds
2 Baths
1,744 Sq Ft
$529/Sq Ft Est. Value

Last Sold June 21, 2018

Last sale price $560,000 $321 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,586/month

43 Days on Market

Highlights

  • Corner Lot
  • 5-minute walk to Baldwin Park
  • Wood Fence
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

As of June 2018

$20,000 Price Reduction! Duplex with long term tenants now available! Excellent location next to downtown Baldwin Park & train station! Each house is 2 bedroom/1 bath and 1 car garage. Units are not attached & each have small yard. Rents are below market and could be raised. Tenants pay all utilities. Tenants would like to stay if there is an option.

Last Agent to Sell the Property

LAUREN DAVIS

MARK ANDERSEN & ASSOCIATES License #01245985 Listed on: 03/26/2018

Last Buyer's Agent

Sopheak Tuon

Berkshire Hathaway H.S.C.P. License #02023761

Berkshire Hathaway H.S.C.P.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,999

Year Built

  • Built in 1950

Lot Details

  • 7,230 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Chain Link Fence
  • Corner Lot

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,744 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Urban Location
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for all utilities, grounds care
  • Tax Lot 3
  • Tax Tract Number 5477
  • Assessor Parcel Number 8554012003

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $655
  • New Taxes Expense $6,658
  • Operating Expense $7,361
  • Gross Income $26,100
  • Net Operating Income $23,511

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,999

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: BPC1*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 8554012003
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Price Per Square Foot: 321.10

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7230.00

Rental Info

  • Tenant Pays: All Utilities, Grounds Care

Multi Family

  • Gross Income: 26100.00
  • Gross Scheduled Income: 26100.00
  • Insurance Expense: 655.00
  • Maintenance Percent: 10.00
  • Net Operating Income: 23511.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2589.00
  • Rent Control: No
  • Total Expenses: 7361.00

Tax Info

  • New Taxes Expense: 6658.00
  • Tax Census Tract: 4052.02
  • Tax Lot: 3
  • Tax Tract Number: 5477

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2019
Sold by
Ly Moy and Po Ratha
Bought by
Ly Moy and Po Ratha
Current Estimated Value
$923,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,527
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 26, 2018
Closed on
May 16, 2018
Sold by
Myers Christopher W and The Rhonda L Strasser Revocabl
Bought by
Ly Moy and Po Ratha
Seller's Agent
LAUREN DAVIS
MARK ANDERSEN & ASSOCIATES
Buyer's Agent
Sopheak Tuon
Berkshire Hathaway H.S.C.P.
List Price
$579,000
Sold Price
$560,000
Premium/Discount to List
-$19,000
-3.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%
Original Mortgage
$541,310
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 13, 2002
Sold by
Strasser Rhonda L
Bought by
Strasser Rhonda L and The Rhonda L Strasser Revocabl
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ly Moy -- Chicago Title
Ly Moy $560,000 North American Title Company
Strasser Rhonda L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ly Moy $537,000
Closed Ly Moy $536,527
Closed Ly Moy $541,310
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2018 06/21/18 Sold $560,000 0.0% $321 / Sq Ft
05/08/2018 05/08/18 Pending -- -- --
04/25/2018 04/25/18 Price Changed $560,000 -3.3% $321 / Sq Ft
03/26/2018 03/26/18 For Sale $579,000 -- $332 / 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 $7,999 $630,933 $381,941 $248,992
2024 $7,999 $618,562 $374,452 $244,110
2023 $7,918 $606,434 $367,110 $239,324
2022 $8,076 $594,544 $359,912 $234,632
2021 $7,956 $582,887 $352,855 $230,032
2020 $7,940 $576,911 $349,237 $227,674
2019 $7,525 $571,200 $345,780 $225,420
2018 $1,164 $41,753 $11,608 $30,145
2016 $1,082 $40,133 $11,158 $28,975
2015 $1,090 $39,531 $10,991 $28,540
2014 $1,093 $38,757 $10,776 $27,981
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18068721

California Regional Multiple Listing Service (CRMLS)

APN: 8554-012-003