$540,000
SOLD JUN 15, 2018
2 Beds
1 Bath
3,512 Sq Ft
6,573 Sq Ft Lot

Recently Sold

$154 Per Sq Ft

6% Below List Price

22 Days on Market

Highlights

  • Open Floorplan
  • Living Room Balcony
  • Living Room
  • No HOA
  • Cooling System Powered By Gas
  • Laundry Room

About This Home

As of February 2021

Excellent income producing property in good condition. 4 units, each unit has 2 bedrooms, 1 bath, 1 carport parking space. Three units have central air and 1 has a window air conditioner. There is a laundry room that produces income. They are in demand and all are rented. Located near shopping and the 210 and 60 freeway.

Last Agent to Sell the Property

Daniel Genie

DANIEL GENIE REALTY License #01192596 Listed on: 04/18/2018

DANIEL GENIE REALTY

Last Buyer's Agent

Carolyn Randolph

Fathom Realty Group Inc. License #02001553

Fathom Realty Group Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,958

Year Built

  • Built in 1970

Lot Details

  • 6,573 Sq Ft Lot
  • 1 Common Wall
  • East Facing Home
  • Wrought Iron Fence
  • Block Wall Fence
  • Landscaped
  • Sprinklers Throughout Yard
  • Garden
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex
  • Slab Foundation
  • Fire Rated Drywall
  • Interior Block Wall

Interior Spaces

  • 3,512 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Living Room
  • Electric Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • 4 Detached Carport Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Utilities

  • Cooling System Powered By Gas
  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 13
  • Tax Tract Number 2995
  • Assessor Parcel Number 486091006

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $365
  • Fuel Expense $927
  • Insurance Expense $1,197
  • Trash Expense $1,292
  • Water Sewer Expense $3,480
  • New Taxes Expense $3,229
  • Operating Expense $10,490
  • Gross Income $864
  • Net Operating Income $32,710

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,958

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 3480.00
  • Zoning: R3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 486091006
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Block Walls, Living Room Balcony, Open Floorplan
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 153.76
  • Room Type: Laundry, Living Room

Exterior Features

  • Direction Faces: East
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Detached Carport
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: Electric Range, Gas Water Heater, Vented Exhaust Fan
  • Laundry Features: Community, Gas Dryer Hookup, Individual Room, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1292.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s), Electric, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Garden, Landscaped, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer
  • Lot Size Sq Ft: 6573.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average Studio Area: 878 Square Feet
  • Electric Expense: 365.00
  • Fuel Expense: 927.00
  • Gross Income: 864.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 1197.00
  • Laundry Income: 864.00
  • Net Operating Income: 32710.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 10490.00
  • Rent Control: No
  • Total Actual Rent: 4.00
  • Total Expenses: 10490.00

Tax Info

  • New Taxes Expense: 3229.00
  • Tax Census Tract: 489.02
  • Tax Lot: 13
  • Tax Tract Number: 2995

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2020
Sold by
Kaltreider Kenneth B and Kaltreider Sarah Ruth
Bought by
Riad Samir Sobhy
Current Estimated Value
$975,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,900
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 18, 2018
Closed on
May 17, 2018
Sold by
Genie Daniel and Genie Annette
Bought by
Kaltreider Kenneth B and Fantel Sarah Ruth
Seller's Agent
Daniel Genie
DANIEL GENIE REALTY
Buyer's Agent
Carolyn Randolph
Fathom Realty Group Inc.
List Price
$575,000
Sold Price
$540,000
Premium/Discount to List
-$35,000
-6.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$374,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2004
Sold by
Genie Daniel and Genie Annette
Bought by
Genie Daniel and Genie Annette

Purchase Details

Closed on
Aug 14, 2002
Sold by
Valdez Gonzalo
Bought by
Genie Daniel and Genie Annette

Purchase Details

Closed on
Apr 19, 2002
Sold by
Panacea Investment Corp
Bought by
Valdez Gonzalo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 26, 2001
Sold by
Washington Mutual Bank Fa
Bought by
Panacea Investment Corp

Purchase Details

Closed on
Jan 19, 2001
Sold by
Whetzell Bryce M and Whetzell Femely R
Bought by
Washington Mutual

Purchase Details

Closed on
Apr 13, 1994
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Whetzell Bryce M and Whetzell Femely R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
8.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 13, 1994
Sold by
Professional Foreclosure Corp
Bought by
Federal Home Loan Mortgage Corporation
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 Type Sale Price Title Company
Grant Deed $721,500 Fidelity National Title Ins
Grant Deed $540,000 Old Republic Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Grant Deed -- --
Grant Deed $200,000 Northern Counties Title
Grant Deed $127,500 Stewart Title
Trustee Deed $125,043 Landsafe Title
Corporate Deed $80,000 Commonwealth Land Title Co
Trustee Deed $80,199 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $432,900 New Conventional
Previous Owner $376,000 Adjustable Rate Mortgage/ARM
Previous Owner $374,500 New Conventional
Previous Owner $305,000 Commercial
Previous Owner $192,500 Commercial
Previous Owner $190,000 Commercial
Previous Owner $64,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2021 02/18/21 Sold $721,500 -3.8% $721,500 / Sq Ft
12/05/2020 12/05/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $750,000 +38.9% $750,000 / Sq Ft
06/15/2018 06/15/18 Sold $540,000 -6.1% $154 / Sq Ft
04/18/2018 04/18/18 For Sale $575,000 -- $164 / 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 $8,958 $780,972 $152,080 $628,892
2023 $8,958 $750,648 $146,176 $604,472
2022 $8,618 $735,930 $143,310 $592,620
2021 $6,748 $567,635 $126,141 $441,494
2020 $6,677 $561,816 $124,848 $436,968
2019 $6,570 $550,800 $122,400 $428,400
2018 $3,311 $259,648 $57,117 $202,531
2017 $3,244 $254,558 $55,998 $198,560
2016 $3,214 $249,567 $54,900 $194,667
2015 $3,172 $245,820 $54,076 $191,744
2014 $2,971 $241,007 $53,018 $187,989
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18086351

California Regional Multiple Listing Service (CRMLS)

APN: 486-091-006