NOT LISTED FOR SALE
3 Beds
2 Baths
7,220 Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: March 20, 2024

Last sale price $1,850,000 $256 Per Sq Ft

2 Days on Market

Highlights

  • No HOA
  • Laundry Facilities
  • Level Lot

About This Home

As of March 2024

2 WEEKS FREE!
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Located in quiet contemporary residential neighborhood, carefully crafted to suit ultimate comfort, spacious airy modern inspired oasis of a home with lots of natural light, Newly entirely remodeled modern 1 Bedroom + 1 Bathroom architectural masterpiece. Home features; alluring modern finishes, modern kitchen with high end custom finishes including new stainless steel appliances, stainless steel fridge, stainless steel microwave, stainless steel stove/oven, Air-Conditioning & Heat, Quartz stone countertops, large open living room area, new modern hardwood-spc flooring, newly renovated bathroom, lots of closet/pantry/cabinet space throughout unit, and much more. Prime location, close to many restaurants, entertainment, FWY, and more. Quiet building.
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For any questions, viewings, or info please text or call: Berto 213*285*6606
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Last Agent to Sell the Property

Tyler Leeson

Marcus & Millichap RE Invest Brokerage Phone: 714-713-9086 License #01451551 Listed on: 02/16/2024

Last Buyer's Agent

Tyler Leeson

Marcus & Millichap RE Invest Brokerage Phone: 714-713-9086 License #01451551 Listed on: 02/16/2024

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1948

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 3 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 7,220 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Legal Lot and Block 12 / 7
  • Tax Tract Number 575401
  • Assessor Parcel Number 7269039008
  • $1,949 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 11 Units

Amenities

  • Laundry Facilities

Building Details

  • 11 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $3,697
  • Insurance Expense $3,697
  • Maintenance Expense $6,600
  • Other Expense $15,999
  • Professional Management Expense $8,190
  • Trash Expense $3,697
  • Water Sewer Expense $3,698
  • New Taxes Expense $24,886
  • Operating Expense $70,464
  • Gross Income $168,814
  • Net Operating Income $93,327

Property Details

Home Type

Apartment

Year Built

Built in 1948

Lot Details

7,405 Sq Ft Lot

Parking

3

Listing Details

  • CapRate: 4.67
  • Professional Management Expense: 8190.00
  • Property Attached: No
  • Water Sewer Expenses: 3698.00
  • Zoning: LBR4N
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7269039008
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 256.23

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 3697.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 7405.20
  • Lot Size Acres: 0.1700

Multi Family

  • Fuel Expense: 3697.00
  • Gross Income: 168814.00
  • Gross Multiplier: 11.85
  • Gross Operating Income: 162436.00
  • Gross Scheduled Income: 167460.00
  • Insurance Expense: 3697.00
  • Lot Size Area: 0.1700 Acres
  • Maintenance Expense: 6600.00
  • Net Operating Income: 93327.00
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 11
  • Operating Expense: 70464.00
  • Operating Expense Percent: 43.00
  • Other Expense: 15999.00
  • Other Expense Description: Misc
  • Other Income1: 1354.00
  • Other Income Description: Misc
  • Rent Control: No
  • Total Expenses: 70464.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 24886.00
  • Tax Block: 7
  • Tax Census Tract: 5754.01
  • Tax Lot: 12
  • Tax Tract Number: 575401
  • TaxOtherAnnualAssessmentAmount: 1949.00

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
Feb 16, 2024
Closed on
Mar 12, 2024
Sold by
Bought by
Seller's Agent
Tyler Leeson
Marcus & Millichap RE Invest
Buyer's Agent
Tyler Leeson
Marcus & Millichap RE Invest
List Price
$2,000,000
Sold Price
$1,850,000
Premium/Discount to List
-$150,000
-7.5%
Views
9

Purchase Details

Closed on
Mar 16, 2017
Sold by
Bought by

Purchase Details

Closed on
Feb 8, 2006
Sold by
Bought by

Purchase Details

Closed on
Nov 4, 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
$470,000
Interest Rate
0.0572%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$1,835,000 Chicago Title Company
-- None Available
-- None Available
-- North American Title Co
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 $1,170,000
Previous Owner $470,000
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
01/18/2026 01/18/26 Off Market $1,795 -- --
11/04/2025 11/04/25 For Rent $1,795 0.0% --
08/01/2025 08/01/25 Off Market $1,795 -- --
07/22/2025 07/22/25 Price Changed $1,795 -3.0% $2 / Sq Ft
07/18/2025 07/18/25 For Rent $1,850 0.0% --
07/29/2024 07/29/24 Price Changed $1,850 +5.7% $2 / Sq Ft
07/16/2024 07/16/24 Price Changed $1,750 -2.5% $2 / Sq Ft
05/24/2024 05/24/24 Price Changed $1,795 0.0% $2 / Sq Ft
05/24/2024 05/24/24 For Rent $1,795 0.0% --
03/20/2024 03/20/24 Sold $1,850,000 -7.5% $256 / Sq Ft
02/18/2024 02/18/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $2,000,000 -- $277 / Sq Ft
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
2025 $26,173 $1,887,000 $612,000 $1,275,000
2024 $11,501 $759,987 $303,991 $455,996
2023 $11,288 $745,086 $298,031 $447,055
2022 $10,635 $730,478 $292,188 $438,290
2021 $10,365 $716,156 $286,459 $429,697
2020 $10,336 $708,813 $283,522 $425,291
2019 $10,216 $694,915 $277,963 $416,952
2018 $9,877 $681,290 $272,513 $408,777
2016 $9,076 $654,836 $261,932 $392,904
2015 $8,741 $645,001 $257,998 $387,003
2014 $8,737 $632,368 $252,945 $379,423
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24033371

California Regional Multiple Listing Service (CRMLS)
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