NOT LISTED FOR SALE

Estimated Value: $1,621,000 - $2,187,285

6 Beds
3 Baths
2,997 Sq Ft
$666/Sq Ft Est. Value

Last Sold November 26, 2012

Last sale price $875,000 $292 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $11,996/month

53 Days on Market

About This Home

As of November 2012

TRIPLEX In the Lomita Park Location.all units are large 2-bedroom 1 bath units, each w/separate attached garage. Unit(3)has upgrades kit.granite counter,BA & beautiful hardwood flrs. Downstairs unit has a private mainicured backyard.w/additional parking space for boat/RV. nicely maintained property. Great opportunity for buyer w/renter contribution toward mortgage. Close to shops and trans.

Last Agent to Sell the Property

Jorge Franco

Franco Real Estate Group License #01007853 Listed on: 06/18/2012

Last Buyer's Agent

Sam Hui

Hui Real Estate License #00916794

Hui Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,773

Year Built

  • 1963

Lot Details

  • 5,184

Parking

  • Covered Parking

Home Design

  • Triplex
  • Tar and Gravel Roof

Interior Spaces

  • 2-Story Property
  • Oven or Range

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Utilities

  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $47,805
  • The owner pays for garbage, services - gardener/landscaping, water

Community Details

Overview

  • 3 Units

Building Details

  • Gardener Expense $600
  • Insurance Expense $1,315
  • Maintenance Expense $3,086
  • Trash Expense $1,993
  • Operating Expense $12,424
  • Gross Income $47,805

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,773

Year Built

1963

Lot Details

0

Listing Details

  • Zoning: RM00
  • Subclass: Triplex
  • Age: 49
  • Inspections Reports: Flood Zone
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 3
  • Min Numberof Unitsin Complex: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Stories: 2
  • Laundry: Gas Hookup, In Garage
  • Flooring: Hardwood - Partial

Exterior Features

  • Roof: Tar And Gravel
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Common Parking Area, Rv/Boat Parking, Spaces Per Unit - 1

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5150.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5150.00
  • Lot Size Area Min Search: 5150.00
  • Maximum Lot Size: 5150.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.72

Multi Family

  • Expense Insurance: 1315
  • Expense Landscape: 600
  • Expense Maintenance: 3086
  • Expenses Total: 12424
  • Expense Trash: 1993
  • Expense Water Sewer: 1993
  • Income Annual Gross: 47805.00
  • Income Annual Rental: 47805
  • Income Gross Scheduled: 47805
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Insurance, Maintenance - Repair, Fee - Property Tax
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Cable Tv, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2025
Sold by
Roger Lim Fun Revocable Trust and Lim Andrea Denise
Bought by
Lim Andrea Denise and Lim Andrew William
Current Estimated Value
$1,994,821

Purchase Details

Closed on
Sep 19, 2024
Sold by
Fun Roger Lim
Bought by
Roger Lim Fun Revocable Trust and Lim

Purchase Details

Listed on
Jun 18, 2012
Closed on
Nov 19, 2012
Sold by
Espinoza Elisa
Bought by
Fun Roger Lim
Seller's Agent
Jorge Franco
Franco Real Estate Group
Buyer's Agent
Sam Hui
Hui Real Estate
List Price
$895,000
Sold Price
$875,000
Premium/Discount to List
-$20,000
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Original Mortgage
$450,000
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2009
Sold by
Espinoza Elisa and Jimenez Marco A
Bought by
Espinoza Elisa

Purchase Details

Closed on
Sep 14, 2005
Sold by
Thornton Sonia R
Bought by
Espinoza Elisa and Jimenez Marco A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
5.7%
Mortgage Type
Stand Alone Second
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
Lim Andrea Denise -- None Listed On Document
Roger Lim Fun Revocable Trust -- None Listed On Document
Fun Roger Lim $875,000 Fidelity National Title Co
Espinoza Elisa -- None Available
Espinoza Elisa $895,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fun Roger Lim $100,000
Previous Owner Fun Roger Lim $450,000
Previous Owner Thornton Sonia R $66,000
Previous Owner Espinoza Elisa $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2012 11/26/12 Sold $875,000 -2.2% $292 / Sq Ft
08/10/2012 08/10/12 Pending -- -- --
06/18/2012 06/18/12 For Sale $895,000 -- $299 / Sq Ft
Source: MLSListings

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 $13,773 $1,077,490 $538,745 $538,745
2023 $13,773 $1,035,652 $517,826 $517,826
2022 $11,359 $1,015,346 $507,673 $507,673
2021 $11,222 $995,438 $497,719 $497,719
2020 $11,034 $985,232 $492,616 $492,616
2019 $10,766 $965,914 $482,957 $482,957
2018 $10,549 $946,976 $473,488 $473,488
2017 $10,292 $928,408 $464,204 $464,204
2016 $10,153 $910,204 $455,102 $455,102
2015 $10,077 $896,532 $448,266 $448,266
2014 $9,840 $878,972 $439,486 $439,486
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81222996

MLSListings

APN: 021-186-030