Seller's Agent in 2013
Michael Arp
Morgan Skenderian
(714) 262-8992
1 in this area
43 Total Sales
Original Covington 4-plex comprised of 4 nicely appointed units: 1 (3+2), 1 (2+2), 1 (2+1.5 TH), and 1 (2+1). Long term tenants in three of the four units. The 2+1.5 townhome has been completely remodeled with new doors, moldings, counters, cabinets and vanities. Amenities for the units include: a large living space, enclosed garage parking, laundry hookups, laminate flooring and new vanities (some units), private patios or decks, wall A/C in some units, and gas forced heating. The subject property is separately metered for gas and electric and has a laundry room which provides additional income. Excellent seller financing available with an assumable 2.75% 1rst TD and the seller willing to carry a 2nd for 10 years with only 20% down. The buyer will benefit from a significant principal pay down on the assumable 1rst each month which creates a return exceeding 10%.
Last Agent to Sell the Property
Morgan Skenderian License #01488586 Listed on: 01/22/2013
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/01/2013 04/01/13 | Sold | $760,000 | +1.5% | $172 / Sq Ft |
| 01/25/2013 01/25/13 | Pending | -- | -- | -- |
| 01/22/2013 01/22/13 | For Sale | $749,000 | -- | $169 / Sq Ft |
| 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 | $10,784 | $935,880 | $742,433 | $193,447 |
| 2024 | $10,784 | $917,530 | $727,876 | $189,654 |
| 2023 | $10,598 | $899,540 | $713,604 | $185,936 |
| 2022 | $10,508 | $881,902 | $699,611 | $182,291 |
| 2021 | $10,336 | $864,610 | $685,893 | $178,717 |
| 2020 | $10,358 | $855,745 | $678,860 | $176,885 |
| 2019 | $10,008 | $838,966 | $665,549 | $173,417 |
| 2018 | $9,888 | $822,516 | $652,499 | $170,017 |
| 2017 | $9,730 | $806,389 | $639,705 | $166,684 |
| 2016 | $9,539 | $790,578 | $627,162 | $163,416 |
| 2015 | $9,435 | $778,703 | $617,741 | $160,962 |
| 2014 | $9,161 | $763,450 | $605,641 | $157,809 |
Seller's Agent in 2013
Michael Arp
Morgan Skenderian
(714) 262-8992
1 in this area
43 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: P846458
APN: 073-563-40
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