NOT LISTED FOR SALE

Estimated Value: $824,000 - $981,000

8 Beds
4 Baths
2,570 Sq Ft
$347/Sq Ft Est. Value

Last Sold June 24, 2016

Last sale price $450,000 $175 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $5,401/month

15 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace

About This Home

As of June 2016

Great Duplex, very spacious units, each features 4 bedrooms and 2 bathrooms, laundry room, ceramic tile flooring, upgraded kitchen, double pane windows and more. Lots of parking space, long driveway, spacious back yard with lots of space left for your personal projects, units extended and upgraded around 2002, great investment opportunity, live in one unit and rent the other one out.

Last Agent to Sell the Property

Gio JARAMILLO

COLDWELL BANKER TOWN & COUNTRY Listed on: 04/04/2016

COLDWELL BANKER TOWN & COUNTRY

Last Buyer's Agent

EUSTORGIO JARAMILLO

COLDWELL BANKER TOWN & COUNTRY License #01785689

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,981

Year Built

  • Built in 1912

Lot Details

  • 9,181 Sq Ft Lot
  • 1 Common Wall

Home Design

  • 2,570 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Wall Furnace
  • Private Water Source
  • Septic Type Unknown

Additional Features

  • Laundry Room
  • Urban Location

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 6048001017

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,760
  • Insurance Expense $1,260
  • Trash Expense $432
  • Water Sewer Expense $2,040
  • Net Operating Income $23,508

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,981

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 2040.00
  • Property Type: Residential Income
  • Parcel Number: 6048001017
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 175.10

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Unknown
  • Trash Expense: 432.00
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Community Features: Urban

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9181.00
  • Price Per Lot Square Foot: 49.01

Multi Family

  • Electric Expense: 2760.00
  • Gross Multiplier: 9.80
  • Gross Scheduled Income: 30840.00
  • Insurance Expense: 1260.00
  • Net Operating Income: 23508.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7332.00
  • Rent Control: No

Tax Info

  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2016
Sold by
Lozano Lopez Oscar R
Bought by
Lozano Josue Daniel
Current Estimated Value
$872,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,849
Outstanding Balance
$355,060
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$536,677

Purchase Details

Closed on
Apr 22, 2015
Sold by
Lozano Marta
Bought by
Lozano Lopez Oscar R and Lozano Oscar R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,717
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 3, 2015
Sold by
Lozano Marcela G
Bought by
Lozano Lopez Oscar R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,717
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 10, 2002
Sold by
Lozano Marcela G
Bought by
Lozano Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
6.86%

Purchase Details

Closed on
Apr 24, 2002
Sold by
Cochran Investment Company Inc
Bought by
Lozano Oscar R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
6.86%

Purchase Details

Closed on
Mar 6, 2002
Sold by
Watkins Jesse
Bought by
Cochran Investments Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
6.86%

Purchase Details

Closed on
Oct 17, 2001
Sold by
Watkins Gertrude
Bought by
Watkins Ii Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
6.84%
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
Lozano Josue Daniel $450,000 Orange Coast Title Co Socal
Lozano Lopez Oscar R -- Pacific Coast Title Company
Lozano Lopez Oscar R -- Pacific Coast Title Company
Lozano Lopez Oscar R -- Pacific Coast Title Company
Lozano Oscar -- Bridgespan Title
Lozano Oscar R $249,000 Bridgespan Title
Cochran Investments Company Inc $100,000 Fidelity Title
Watkins Ii Jesse -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lozano Josue Daniel $441,849
Closed Lozano Lopez Oscar R $193,717
Previous Owner Lozano Oscar R $250,000
Previous Owner Lozano Oscar Rene $304,000
Previous Owner Lozano Oscar R $249,000
Previous Owner Watkins Ii Jesse $53,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2016 06/24/16 Sold $450,000 0.0% $175 / Sq Ft
04/19/2016 04/19/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $450,000 -- $175 / 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 $6,981 $532,703 $319,622 $213,081
2024 $6,981 $522,258 $313,355 $208,903
2023 $6,853 $512,018 $307,211 $204,807
2022 $6,552 $501,980 $301,188 $200,792
2021 $6,461 $492,138 $295,283 $196,855
2019 $6,275 $477,543 $286,526 $191,017
2018 $6,142 $468,180 $280,908 $187,272
2016 $4,544 $340,468 $198,373 $142,095
2015 $4,015 $306,057 $86,038 $220,019
2014 -- $300,063 $84,353 $215,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16072309

California Regional Multiple Listing Service (CRMLS)

APN: 6048-001-017