NOT LISTED FOR SALE

Estimated Value: $936,000 - $1,142,000

7 Beds
4 Baths
3,134 Sq Ft
$336/Sq Ft Est. Value

Last Sold March 03, 2021

Last sale price $830,000 $265 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $6,612/month

208 Days on Market

About This Home

As of March 2021

Great Opportunity Quadruplex !!!Available for first time buyer or Investor
Tree units are 2 Bedroom /1 Bathroom each, and one unit is a 1 Bedroom /1 Bathroom
This property has enormous parking space behind the units. Units Sold and AS-IS
Condition.

Last Agent to Sell the Property

Blanca Jimenez

Big Block Powerhouse Realty License #01962128 Listed on: 06/11/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 8,056 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • 3,134 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Parking

  • 9 Parking Spaces
  • Parking Available
  • Gated Parking
  • Paved Parking
  • Parking Lot

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 1 / C
  • Tax Tract Number 6307
  • Assessor Parcel Number 6181029041

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 3 Leased Units
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $2,100
  • Fuel Expense $1,800
  • Insurance Expense $1,700
  • Trash Expense $1,200
  • Water Sewer Expense $1,900
  • New Taxes Expense $10,875
  • Operating Expense $19,575
  • Gross Income $38,625
  • Net Operating Income $38,625

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1900.00
  • Zoning: LCC3-R1*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6181029041
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 264.84

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Paved, Gated, Parking Space
  • Total Parking Spaces: 9.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8056.00
  • Lot Size Acres: 0.1849

Multi Family

  • Electric Expense: 2100.00
  • Fuel Expense: 1800.00
  • Gross Income: 38625.00
  • Gross Scheduled Income: 58200.00
  • Insurance Expense: 1700.00
  • Lot Size Area: 8056.0000 Square Feet
  • Net Operating Income: 38625.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 19575.00
  • Rent Control: No
  • Total Actual Rent: 4850.00
  • Total Expenses: 19575.00

Tax Info

  • New Taxes Expense: 10875.00
  • Tax Block: C
  • Tax Census Tract: 5421.06
  • Tax Lot: 1
  • Tax Tract Number: 6307

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2017
Sold by
Contreras Ramiro
Bought by
Ayala Jesus Javier Contreras and Ayala Angel Ramiro Contreras
Current Estimated Value
$1,054,238

Purchase Details

Closed on
Feb 9, 2004
Sold by
Contreras Ramiro and Ramiro R Contreras Living Trus
Bought by
Contreras Ramiro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Outstanding Balance
$76,628
Interest Rate
5.8%
Mortgage Type
New Conventional
Estimated Equity
$977,610

Purchase Details

Closed on
Oct 24, 2003
Sold by
Contreras Ramiro
Bought by
Ramiro R Contreras Living Trust

Purchase Details

Closed on
Dec 15, 1998
Sold by
Castillo Ziola M
Bought by
Contreras Ramiro
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ayala Jesus Javier Contreras -- None Available
Contreras Ramiro -- Gateway Title Company
Ramiro R Contreras Living Trust -- --
Contreras Ramiro $120,000 Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Contreras Ramiro $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2021 03/03/21 Sold $830,000 -4.5% $265 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
09/04/2020 09/04/20 For Sale $869,000 0.0% $277 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $869,000 -- $277 / 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 $13,054 $898,417 $541,216 $357,201
2024 $12,770 $880,802 $530,604 $350,198
2023 $12,276 $863,532 $520,200 $343,332
2022 $11,458 $846,600 $510,000 $336,600
2021 $4,763 $236,059 $130,340 $105,719
2020 $4,696 $233,639 $129,004 $104,635
2019 $4,658 $229,059 $126,475 $102,584
2018 $4,430 $224,569 $123,996 $100,573
2016 $4,217 $215,850 $119,182 $96,668
2015 $4,053 $212,608 $117,392 $95,216
2014 $4,018 $208,444 $115,093 $93,351
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS20113367

California Regional Multiple Listing Service (CRMLS)

APN: 6181-029-041