NOT LISTED FOR SALE

Estimated Value: $784,000 - $973,000

4 Beds
2 Baths
2,370 Sq Ft
$379/Sq Ft Est. Value

Last Sold February 02, 2018

Last sale price $585,000 $247 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,579/month

10 Days on Market

Highlights

  • Spanish Architecture
  • Den
  • Tile Flooring
  • Lawn
  • Laundry Room
  • Floor Furnace

About This Home

As of February 2018

Fantastic opportunity to own pride of ownership duplex with two spacious 2 br 1 bath units and two 2 car garages. Fresh exterior paint (neutral tones), each unit has separate inside laundry room (side by side laundry) and separate water heaters, formal living room with fireplace, wall/ floor gas heating, separate dining rooms, good size bedrooms, spacious bathrooms with separate tub and shower, galley kitchen, inside laundry room & den, extra parking in backyard, low maintenance backyard, gated driveway, great curb appeal. Location convenient to shopping, public transportation and freeways. Motivated seller. Submit!!!

Last Agent to Sell the Property

Yang-uk Kim

ReMax Tiffany Real Estate License #01087301 Listed on: 11/13/2017

Last Buyer's Agent

Kerry Louis

ReMax Tiffany Real Estate License #01124460

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,245

Year Built

  • Built in 1930

Lot Details

  • 6,977 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Lawn
  • Back and Front Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Front Facing Garage
  • Parking Lot

Home Design

  • Spanish Architecture
  • Flat Roof Shape
  • Spanish Tile Roof

Interior Spaces

  • 2,370 Sq Ft Home
  • Living Room with Fireplace
  • Den
  • Gas Range
  • Laundry Room

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Suburban Location

Utilities

  • Floor Furnace
  • Wall Furnace
  • Private Water Source
  • Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 713
  • Tax Tract Number 4511
  • Assessor Parcel Number 6034029015

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $760
  • Insurance Expense $1,326
  • Water Sewer Expense $1,127
  • New Taxes Expense $6,687
  • Operating Expense $10,036
  • Gross Income $25,680
  • Net Operating Income $15,644

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,245

Year Built

Built in 1930

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1127.00
  • Zoning: LARD2
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Gardener Expense: 760.00
  • Parcel Number: 6034029015
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 246.84
  • Room Type: Den, Kitchen, Laundry, Living Room

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Flat, Spanish Tile
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front, Parking Space
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Water Heater
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn
  • Lot Size Sq Ft: 6977.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 1185 Square Feet
  • Gross Income: 25680.00
  • Gross Scheduled Income: 25680.00
  • Insurance Expense: 1326.00
  • Net Operating Income: 15644.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 10036.00
  • Rent Control: Yes
  • Total Actual Rent: 2140.00
  • Total Expenses: 10036.00

Tax Info

  • New Taxes Expense: 6687.00
  • Tax Census Tract: 2382.00
  • Tax Lot: 713
  • Tax Tract Number: 4511

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2017
Closed on
Dec 27, 2017
Sold by
Jenkins Albert
Bought by
Jenkins Albert and Jenkins Helen G
Seller's Agent
Yang-uk Kim
ReMax Tiffany Real Estate
Buyer's Agent
Kerry Louis
ReMax Tiffany Real Estate
List Price
$535,000
Sold Price
$585,000
Premium/Discount to List
$50,000
9.35%
Current Estimated Value
$897,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,901
Avg. Annual Appreciation
5.84%
Original Mortgage
$574,404
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 13, 2017
Closed on
Dec 21, 2017
Sold by
Jenkins Albert
Bought by
Hosea Kim R
Seller's Agent
Yang-uk Kim
ReMax Tiffany Real Estate
Buyer's Agent
Kerry Louis
ReMax Tiffany Real Estate
List Price
$535,000
Sold Price
$585,000
Premium/Discount to List
$50,000
9.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$574,404
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 1995
Sold by
Jenkins Albert
Bought by
Jenkins Albert and Jenkins Helen G
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
Jenkins Albert -- None Available
Hosea Kim R $585,000 Western Resources Title
Jenkins Albert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hosea Kim R $544,000
Closed Hosea Kim R $574,404
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2018 02/02/18 Sold $585,000 0.0% $247 / Sq Ft
11/23/2017 11/23/17 Pending -- -- --
11/23/2017 11/23/17 Price Changed $585,000 +9.3% $247 / Sq Ft
11/13/2017 11/13/17 For Sale $535,000 -- $226 / 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 $8,245 $665,627 $455,130 $210,497
2024 $8,245 $652,576 $446,206 $206,370
2023 $8,093 $639,781 $437,457 $202,324
2022 $7,728 $627,237 $428,880 $198,357
2021 $7,623 $614,939 $420,471 $194,468
2019 $7,401 $596,700 $408,000 $188,700
2018 $855 $47,354 $24,325 $23,029
2016 $796 $45,518 $23,382 $22,136
2015 $788 $44,835 $23,031 $21,804
2014 $808 $43,957 $22,580 $21,377
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17256570

California Regional Multiple Listing Service (CRMLS)

APN: 6034-029-015