NOT LISTED FOR SALE
8 Beds
4 Baths
3,517 Sq Ft
0.45 Acre Lot

Sale Details

Date Sold: June 4, 2024

Last sale price $670,000 $191 Per Sq Ft

34 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Level Lot
  • 1-Story Property
  • Fenced
  • Wall Furnace

About This Home

As of June 2024

Great investment opportunity with established tenants and a low maintenance property. Four units, each with 2 bedrooms and 1 bath surrounding a courtyard. There is one garage and 3 carports on a huge corner lot. Separate meters for each unit. DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Dolce Ibarra

Century 21 Masters Brokerage Phone: 951-531-7009 License #01258604 Listed on: 03/30/2024

Century 21 Masters

Last Buyer's Agent

Karim Almandos

Homequest Real Estate License #01197927

Homequest Real Estate
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 19,800 Sq Ft Lot
  • Two or More Common Walls
  • Rural Setting
  • Fenced
  • Fence is in average condition
  • Level Lot

Parking

  • 1 Car Garage
  • 3 Carport Spaces

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 3,517 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 209
  • Tax Tract Number 4112
  • Assessor Parcel Number 0441221080000
  • $999 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Operating Expense $9,641
  • Gross Income $56,940
  • Net Operating Income $47,299

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0.45 Acres

Parking

1

Listing Details

  • CapRate: 7.00
  • Property Attached: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0441221080000
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 190.50

Exterior Features

  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft, Level
  • Lot Size Sq Ft: 19800.00
  • Lot Size Acres: 0.4545
  • Latitude Manual: 34.53372300

Multi Family

  • Average2 Bed Area: 800 Square Feet
  • Gross Income: 56940.00
  • Gross Scheduled Income: 56940.00
  • Lot Size Area: 19800.0000 Square Feet
  • Net Operating Income: 47299.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 9641.00
  • Rent Control: No
  • Total Actual Rent: 4745.00
  • Total Expenses: 9641.00

Tax Info

  • Tax Census Tract: 97.27
  • Tax Lot: 209
  • Tax Tract Number: 4112
  • TaxOtherAnnualAssessmentAmount: 999.00

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
Mar 30, 2024
Closed on
May 14, 2024
Sold by
Bought by
Seller's Agent
Dolce Ibarra
Century 21 Masters
Buyer's Agent
Karim Almandos
Homequest Real Estate
List Price
$650,000
Sold Price
$670,000
Premium/Discount to List
$20,000
3.08%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$657,864
Outstanding Balance
$643,664
Interest Rate
7.1%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 19, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2020
Sold by
Bought by

Purchase Details

Closed on
Sep 16, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,890
Interest Rate
7.17%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 20, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
7.14%

Purchase Details

Closed on
Oct 19, 2000
Sold by
Bought by

Purchase Details

Closed on
Dec 1, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,450
Interest Rate
7.68%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 5, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,149
Interest Rate
7.7%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 3, 1997
Sold by
Bought by

Purchase Details

Closed on
Jun 27, 1997
Sold by
Bought by

Purchase Details

Closed on
Jun 5, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$670,000 First American Title
$370,000 Stewart Title Of Ca Inc
-- Accommodation
$239,500 Stewart Title Company
$140,000 Commerce Title
$82,000 Fidelity National Title Ins
$78,625 Fidelity National Title
-- United Title
$131,000 Orange Coast Title
$66,000 Commonwealth Land Title Co
-- Fidelity National Title Ins
$117,809 Fidelity National Title Ins
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $657,864
Previous Owner $296,000
Previous Owner $169,600
Previous Owner $127,890
Previous Owner $81,600
Previous Owner $36,450
Previous Owner $84,869
Previous Owner $108,800
Previous Owner $127,149
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 Prior Sale
06/04/2024 06/04/24 Sold $670,000 +3.1% $191 / Sq Ft
05/04/2024 05/04/24 Pending -- -- --
03/30/2024 03/30/24 For Sale $650,000 +75.7% $185 / Sq Ft
12/30/2020 12/30/20 Sold $370,000 0.0% $109 / Sq Ft View Prior Sale
12/22/2020 12/22/20 For Sale $370,000 0.0% $109 / Sq Ft
10/03/2020 10/03/20 Pending -- -- --
09/20/2020 09/20/20 Price Changed $370,000 -5.0% $109 / Sq Ft
08/28/2020 08/28/20 For Sale $389,500 0.0% $115 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/12/2020 08/12/20 Price Changed $389,500 -2.5% $115 / Sq Ft
08/01/2020 08/01/20 For Sale $399,500 0.0% $118 / Sq Ft
07/09/2015 07/09/15 Rented $575 0.0% --
07/09/2015 07/09/15 For Rent $575 0.0% --
03/14/2015 03/14/15 Rented $575 +4.5% --
03/14/2015 03/14/15 For Rent $550 -- --
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
2026 $8,379 $697,068 $104,040 $593,028
2025 $8,379 $683,400 $102,000 $581,400
2024 $4,896 $392,647 $26,530 $366,117
2023 $4,849 $384,948 $26,010 $358,938
2022 $4,774 $377,400 $25,500 $351,900
2021 $4,666 $353,626 $30,311 $323,315
2020 $3,609 $275,610 $26,001 $249,609
2019 $3,542 $270,206 $25,491 $244,715
2018 $3,457 $264,908 $24,991 $239,917
2017 $3,408 $259,714 $24,501 $235,213
2016 $3,119 $254,622 $24,021 $230,601
2015 $3,072 $250,797 $23,660 $227,137
2014 $3,030 $245,885 $23,197 $222,688
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG24055378

California Regional Multiple Listing Service (CRMLS)

APN: 0441-221-08

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