NOT LISTED FOR SALE

Estimated Value: $491,000 - $561,000

5 Beds
3 Baths
2,355 Sq Ft
$225/Sq Ft Est. Value

Last Sold February 09, 2022

Last sale price $500,000 $212 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,219/month

83 Days on Market

Highlights

  • 0.52 Acre Lot
  • Back and Front Yard
  • 1-Story Property
  • Laundry Room

About This Home

As of February 2022

Incredible investment opportunity!!!! An amazing 3 units all located on one 22,651 sq ft lot. The lot is very clean and all units are occupied with long standing tenants. The first home tax roll shows 832 sq.ft. seems larger 3 bd 2ba, with it's own electric, gas, and water meter. The second dwelling contains 2 units, A + B, each of which is approx. 650 sq ft, with 2 bd and 1 ba.. Each of the duplex units have their own electric and gas with a shared water meter.

Last Agent to Sell the Property

Patricia Welch

Keller Williams Realty License #01249980 Listed on: 09/29/2021

Keller Williams Realty

Last Buyer's Agent

George Castillo

Gold America Real Estate Inc License #01154038

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1934

Lot Details

  • 0.52 Acre Lot
  • 1 Common Wall
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 5 Bedrooms
  • 2,355 Sq Ft Home
  • 1-Story Property

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 18 / 14
  • Assessor Parcel Number 313071030
  • $36 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,515
  • Water Sewer Expense $200
  • Operating Expense $1,715
  • Gross Income $2,820
  • Net Operating Income $3,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1934

Lot Details

0.52 Acres

Parking

1

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 200.00
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 313071030
  • Year Built: 1934
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 212.31

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard
  • Lot Size Sq Ft: 22651.00
  • Lot Size Acres: 0.5200

Multi Family

  • Gross Income: 2820.00
  • Gross Scheduled Income: 3000.00
  • Insurance Expense: 1515.00
  • Lot Size Area: 22651.0000 Square Feet
  • Net Operating Income: 3000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Expenses: 1715.00

Tax Info

  • Tax Block: 14
  • Tax Census Tract: 428.00
  • Tax Lot: 18
  • TaxOtherAnnualAssessmentAmount: 36.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2022
Sold by
Luz Medina Norma and Luz Hector
Bought by
Medina 2016 Trust
Current Estimated Value
$529,234

Purchase Details

Listed on
Sep 29, 2021
Closed on
Dec 21, 2021
Sold by
Markham Family Trust
Bought by
Medina Hector and Medina Norma Luz
Seller's Agent
Patricia Welch
Keller Williams Realty
Buyer's Agent
George Castillo
Gold America Real Estate Inc
List Price
$549,000
Sold Price
$500,000
Premium/Discount to List
-$49,000
-8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.43%
Original Mortgage
$375,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2021
Sold by
Orman Markham James
Bought by
Welch Patricia and Macdonald Pamela

Purchase Details

Closed on
Nov 12, 2008
Sold by
Pintado Gabino and Pintado Dolores M
Bought by
Markham James Orman and Markham Patricia Diane

Purchase Details

Closed on
Aug 3, 2006
Sold by
Markham James Orman and Markham Patricia Diane
Bought by
Pintado Gabino and Pintado Dolores M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.51%
Mortgage Type
Commercial

Purchase Details

Closed on
May 24, 2000
Sold by
Markham James O and Markham Patricia D
Bought by
Markham James Orman and Markham Patricia Diane
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Medina 2016 Trust -- Provident Title
Medina Hector $500,000 First American Title
Welch Patricia -- --
Markham James Orman $342,192 Accommodation
Pintado Gabino $400,000 Advantage Title Inc
Markham James Orman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Medina Hector $375,000
Previous Owner Pintado Gabino $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2022 02/09/22 Sold $500,000 -8.9% $212 / Sq Ft
12/21/2021 12/21/21 Pending -- -- --
12/09/2021 12/09/21 For Sale $549,000 0.0% $233 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $549,000 -- $233 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,913 $530,604 $132,651 $397,953
2023 $5,913 $510,000 $127,500 $382,500
2022 $4,777 $408,000 $86,700 $321,300
2021 $2,725 $231,972 $71,371 $160,601
2020 $2,705 $229,595 $70,640 $158,955
2019 $2,642 $225,094 $69,255 $155,839
2018 $2,522 $220,682 $67,899 $152,783
2017 $2,488 $216,356 $66,568 $149,788
2016 $2,438 $212,114 $65,263 $146,851
2015 $2,390 $208,931 $64,284 $144,647
2014 $2,335 $204,840 $63,026 $141,814
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG21217033

California Regional Multiple Listing Service (CRMLS)

APN: 313-071-030

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