NOT LISTED FOR SALE

Estimated Value: $888,961 - $1,247,000

4 Beds
2 Baths
1,904 Sq Ft
$533/Sq Ft Est. Value

Last Sold August 24, 2017

Last sale price $650,000 $341 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,115/month

37 Days on Market

Highlights

  • No HOA
  • Tile Countertops
  • Zero Lot Line
  • Morningside Elementary School Rated A
  • Laundry Room
  • Wood Fence

About This Home

As of August 2017

Great income property located in Little Saigon area. Easy access to the 22 and 405 freeways, super market, restaurants.
Unit A: 2 bed / 1 bath / 1 car garage; Unit B: 2 bed / 1 bath / 1 car garage with a big backyard.

Last Agent to Sell the Property

Minh Duong

HPT Realty License #01351091 Listed on: 06/20/2017

HPT Realty

Last Buyer's Agent

Anh Tran Nguyen

Long Coast Realty License #01014785

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,611

Year Built

  • Built in 1966

Lot Details

  • 6,098 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Zero Lot Line

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 1,904 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Oven
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Heating System Uses Natural Gas
  • Standard Electricity
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 10017058

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $360
  • Water Sewer Expense $1,800
  • New Taxes Expense $5,875
  • Operating Expense $9,685
  • Gross Income $43,200
  • Net Operating Income $39,312

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,611

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • CapRate: 5.50
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Unknown
  • View: No
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Parcel Number: 10017058
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Tile Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 341.39

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Other
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven
  • Electric: Standard
  • Heating Type: Natural Gas
  • Laundry Features: In Kitchen
  • Sewer: Unknown
  • Trash Expense: 360.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Zero Lot Line
  • Lot Size Sq Ft: 6098.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 43200.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 39312.00
  • 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: 3888.00
  • Rent Control: No
  • Total Expenses: 9685.00

Tax Info

  • New Taxes Expense: 5875.00
  • Tax Census Tract: 890.01
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2017
Closed on
Aug 18, 2017
Sold by
Doan Hiep Thi
Bought by
Phan Long Cuu and Hoang Quynh Thi Ngoc
Seller's Agent
Minh Duong
HPT Realty
Buyer's Agent
Anh Tran Nguyen
Long Coast Realty
List Price
$709,000
Sold Price
$650,000
Premium/Discount to List
-$59,000
-8.32%
Current Estimated Value
$1,013,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,990
Avg. Annual Appreciation
5.64%

Purchase Details

Closed on
Jan 6, 2017
Sold by
Doan Hiep Thi
Bought by
Doan Hiep Thi

Purchase Details

Closed on
Jan 5, 2016
Sold by
Nguyen Chau Ngoc and Do Trang Diem
Bought by
Doan Hiep T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2014
Sold by
Gomez Gary Cabrera and Gomez Linda Anne
Bought by
Nguyen Chau Ngoc and Do Trang Diem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2014
Sold by
Le Andy
Bought by
Le Andy and Le Grace T

Purchase Details

Closed on
Oct 18, 2013
Sold by
Le Grace
Bought by
Le Andy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2013
Sold by
Carranza Michael Sanchez
Bought by
Le Andy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2013
Sold by
Rodriguez Linda Anne
Bought by
Gomez Gary Cabrera and Rodriguez Linda Anne

Purchase Details

Closed on
Oct 29, 1993
Sold by
Rodriguez Eleuterio G and Rodriguez Linda Anne
Bought by
Rodriguez Eleuterio G and Rodriguez Linda Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Phan Long Cuu $650,000 Lawyers Title
Doan Hiep Thi -- None Available
Doan Hiep T $550,000 Fidelity National Title
Nguyen Chau Ngoc $485,000 Western Resources Title Co
Le Andy -- None Available
Le Andy -- Ticor Title
Le Andy $475,000 Ticor Title
Gomez Gary Cabrera -- None Available
Rodriguez Eleuterio G -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Doan Hiep T $382,500
Previous Owner Nguyen Chau Ngoc $285,000
Previous Owner Le Andy $356,250
Previous Owner Rodriguez Eleuterio G $51,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2017 08/24/17 Sold $650,000 -5.7% $341 / Sq Ft
07/27/2017 07/27/17 Pending -- -- --
07/11/2017 07/11/17 Price Changed $689,000 -2.8% $362 / Sq Ft
06/20/2017 06/20/17 For Sale $709,000 -- $372 / 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 $8,611 $739,587 $650,724 $88,863
2024 $8,611 $725,086 $637,965 $87,121
2023 $8,455 $710,869 $625,456 $85,413
2022 $8,266 $696,931 $613,192 $83,739
2021 $8,153 $683,266 $601,168 $82,098
2020 $8,054 $676,260 $595,003 $81,257
2019 $7,948 $663,000 $583,336 $79,664
2018 $7,749 $650,000 $571,898 $78,102
2017 $6,813 $561,000 $479,640 $81,360
2016 $5,988 $502,234 $418,240 $83,994
2015 $5,910 $494,690 $411,957 $82,733
2014 $1,107 $59,327 $17,589 $41,738
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17139925

California Regional Multiple Listing Service (CRMLS)

APN: 100-170-58