NOT LISTED FOR SALE

Estimated Value: $948,000 - $1,101,905

3 Beds
2 Baths
1,248 Sq Ft
$842/Sq Ft Est. Value

Sale Details

Date Sold: September 16, 2016

Last sale price $465,000 $373 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $5,989 / mo

27 Days on Market

Highlights

  • Wood Flooring
  • Private Yard
  • Laundry Room
  • Corner Lot
  • No HOA
  • Central Heating

About This Home

As of September 2016

Duplex for sale. Both units have long term tenants who would like to remain. Very clean units with good rental income. Assessor lists property as 1501 N. Flower but the second unit has a separate address of 821 W. 15th. Assessor lists square footage of the units as 1248. Actual square footage seems to be larger than listed, nearer 1500 square feet. Buyer to verify square footage to their satisfaction.
1501 N. Flower has two spacious bedrooms. 1.5 baths. Full bath has separate shower and tub. Laundry room, nice sized family room, dining room and kitchen. Carpeted but there may be wood floors underneath. It has raised foundation and other unit does have wood floors .Forced air heating. Gas stove in kitchen. Small back and side yards.
1821 W. 15th is a one bedroom one bath. Laundry room, large living room. Gas stove in kitchen. Wall heater. Small front yard behind picket fence nice for sitting in as well as a small backyard.
Two single car garages attached to 1501 Flower but one is used by 821 W. 15th.

Last Agent to Sell the Property

James Fisler

Torelli Realty License #01392810 Listed on: 08/02/2016

Last Buyer's Agent

John Le

RE/MAX New Dimension License #01877434

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 6,800 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Corner Lot
  • Level Lot
  • Private Yard

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Two Garage Doors
  • Driveway

Home Design

  • Raised Foundation

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property
  • Gas Range
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Suburban Location

Utilities

  • Central Heating
  • Combination Of Heating Systems
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 46
  • Tax Tract Number 751
  • Assessor Parcel Number 39857110

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,400
  • Maintenance Expense $2,000
  • Trash Expense $200
  • Water Sewer Expense $2,000
  • New Taxes Expense $5,367
  • Operating Expense $10,967
  • Gross Income $2,700
  • Net Operating Income $21,433

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

6,800 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 2000.00
  • Property Type: Residential Income
  • Parcel Number: 39857110
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 372.60

Exterior Features

  • Foundation: Raised
  • Fencing: Chain Link
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage - Two Door
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Electric: Electricity - On Property
  • Heating Type: Central, Combination, Wall Furnace
  • Laundry Features: Common Area, Inside, Individual Room
  • Trash Expense: 200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Corner Lot, Yard
  • Lot Size Sq Ft: 6800.00
  • Price Per Lot Square Foot: 70.59

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2700.00
  • Gross Scheduled Income: 32400.00
  • Insurance Expense: 1400.00
  • Maintenance Expense: 2000.00
  • Net Operating Income: 21433.00
  • 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: 10967.00
  • Rent Control: No
  • Total Expenses: 10967.00

Tax Info

  • New Taxes Expense: 5367.00
  • Tax Lot: 46
  • Tax Tract Number: 751

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2016
Closed on
Aug 31, 2016
Sold by
Bought by
Seller's Agent
James Fisler
Torelli Realty
Buyer's Agent
John Le
RE/MAX New Dimension
List Price
$489,000
Sold Price
$465,000
Premium/Discount to List
-$24,000
-4.91%
Current Estimated Value
$1,010,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$545,759
Avg. Annual Appreciation
8.66%

Purchase Details

Closed on
Oct 15, 2009
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$465,000 Lawyers Title
-- None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/16/2016 09/16/16 Sold $465,000 -3.1% $373 / Sq Ft
08/26/2016 08/26/16 Price Changed $480,000 -1.8% $385 / Sq Ft
08/02/2016 08/02/16 For Sale $489,000 -- $392 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,348 $539,669 $448,865 $90,804
2024 $6,348 $529,088 $440,064 $89,024
2023 $6,189 $518,714 $431,435 $87,279
2022 $6,122 $508,544 $422,976 $85,568
2021 $5,979 $498,573 $414,682 $83,891
2020 $5,989 $493,461 $410,430 $83,031
2019 $5,872 $483,786 $402,383 $81,403
2018 $5,725 $474,300 $394,493 $79,807
2017 $5,677 $465,000 $386,757 $78,243
2016 $1,862 $124,258 $41,639 $82,619
2015 $1,837 $122,392 $41,014 $81,378
2014 $1,805 $119,995 $40,211 $79,784
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16169991

California Regional Multiple Listing Service (CRMLS)

APN: 398-571-10

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