NOT LISTED FOR SALE
5 Beds
3 Baths
2,000 Sq Ft
6,791 Sq Ft Lot

Last Sold September 01, 2017

Last sale price $645,000 $322 Per Sq Ft

6 Days on Market

Highlights

  • No Units Above
  • Property is near public transit
  • No HOA
  • Fireplace in Primary Bedroom
  • Private Yard
  • Cul-De-Sac

About This Home

As of September 2017

Fabulous investment property, brand new on market!!! Large 2000 square foot Duplex on Cul-De-Sac just a block in from Edinger, with one 3BR and one 2BR unit, plus separate Laundry room. Huge private and fully enclosed "L" shaped rear yard with play area, covered patio and additional storage. Most Bedrooms are larger than average. Both sets of tenants have been there for 25+ years, so rent is very low. The 3 BR unit will be vacant as of 9/1 --- the perfect time to upgrade and substantially increase the rent. One unit has a new furnace, shower & tub. This is a prime location in walking distance to Diamond Elementary, CARR Intermediate and Astro High School, as well as public transportation, a variety of churches, restaurants, shopping centers and easy Freeway access. Tenants pay for electric and cooking gas; landlord pays for water. Units could be easily rented "as-is" at higher rents or at much higher rents after some upgrading. No HOA involved, so you're the boss. This is an investor's dream come true!

Last Agent to Sell the Property

Craig borner

Riviera Coast Properties License #00878013 Listed on: 07/27/2017

Last Buyer's Agent

Ioana Gocan

Millennium Realty Group License #01339518

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,791 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Cul-De-Sac
  • Masonry wall
  • Wood Fence
  • Block Wall Fence
  • Grapestake Fence
  • Fence is in average condition
  • Level Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Side by Side Parking
  • Single Garage Door
  • Garage Door Opener
  • Shared Driveway
  • Parking Lot
  • Unassigned Parking

Home Design

  • Duplex
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Electric Fireplace
  • Gas Fireplace
  • Sliding Doors
  • Entryway
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Storage
  • Utility Room

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Ceramic Countertops
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Accessible Home Design

  • No Interior Steps
  • More Than Two Accessible Exits
  • Accessible Parking

Outdoor Features

  • Fireplace in Patio
  • Outdoor Fireplace
  • Exterior Lighting

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 9
  • Tax Tract Number 4442
  • Assessor Parcel Number 40827203

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $50
  • Insurance Expense $100
  • Trash Expense $20
  • Water Sewer Expense $20
  • Operating Expense $240
  • Gross Income $36,000
  • Net Operating Income $3,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • View: No
  • Water Sewer Expenses: 20.00
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 40827203
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceramic Counters, Storage
  • Stories: 1
  • Entry Location: side
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Carpet, Tile
  • Accessibility Features: 2+ Access Exits, No Interior Steps, Parking
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Fireplace Features: Bath, Dining Room, Kitchen, Living Room, Master Bedroom, Outside, Patio, Electric, Gas
  • Levels: One
  • Price Per Square Foot: 322.50
  • Room Type: All Bedrooms Down, Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Utility Room

Exterior Features

  • Foundation: Slab
  • Exterior Features: Satellite Dish
  • Fence: Yes
  • Fencing: Average Condition, Block, Grapestake, Masonry, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned, Driveway, Shared Driveway, Concrete, Garage, Garage Faces Front, Garage - Single Door, Garage Door Opener, Parking Space, Private, Side by Side
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Gas Water Heater
  • Electric: 220 Volts in Laundry
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, Individual Room, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 20.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Lawn, Level with Street, Lot 6500-9999, Near Public Transit, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Yard
  • Lot Size Sq Ft: 6791.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Other, Telephone

Multi Family

  • Electric Expense: 50.00
  • Gross Income: 36000.00
  • Gross Scheduled Income: 3145.00
  • Insurance Expense: 100.00
  • Net Operating Income: 3000.00
  • 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: 200.00
  • Rent Control: No
  • Total Actual Rent: 3145.00
  • Total Expenses: 240.00

Tax Info

  • Tax Lot: 9
  • Tax Tract Number: 4442

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2017 09/01/17 Sold $645,000 +0.9% $323 / Sq Ft
07/27/2017 07/27/17 For Sale $639,000 -- $320 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17168200

California Regional Multiple Listing Service (CRMLS)

APN: 408-272-03