NOT LISTED FOR SALE

Estimated Value: $498,751 - $627,000

6 Beds
3 Baths
2,262 Sq Ft
$239/Sq Ft Est. Value

Last Sold May 11, 2022

Last sale price $475,000 $210 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,282/month

9 Days on Market

Highlights

  • Stables
  • Property is near public transit
  • No HOA
  • All Bedrooms Downstairs
  • Traditional Architecture
  • Ceramic Countertops

About This Home

As of May 2022

Great Investment Opportunity! These 3-unit complex features, all 2 bedrooms, 1 bathroom, individual backyards, individual washrooms, and three garage spaces with plenty of parking. The property is located near Fwy., and shopping centers. A large community courtyard for entertainment. This property needs tender loving care and is being sold in as-is condition. Don't let this investment property pass you by.

Last Agent to Sell the Property

Sean Reid

Century 21 Masters License #01295012 Listed on: 03/28/2022

Century 21 Masters

Last Buyer's Agent

Frank Zuniga

Coldwell Banker Envision License #01034057

Coldwell Banker Envision

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1979

Lot Details

  • 0.26 Acre Lot
  • No Common Walls
  • Desert faces the back of the property
  • Wood Fence
  • Chain Link Fence
  • No Landscaping
  • Back Yard

Parking

  • 3 Car Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Slab Foundation
  • Composition Roof
  • Common Roof
  • Plaster
  • Stucco

Interior Spaces

  • 2,262 Sq Ft Home
  • Window Screens
  • Living Room

Kitchen

  • Gas and Electric Range
  • Ceramic Countertops
  • Formica Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Private Sewer
  • Phone Available
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Stables

Listing and Financial Details

  • Tenant pays for electricity, telephone
  • Legal Lot and Block 3 / 292
  • Tax Tract Number 100
  • Assessor Parcel Number 0413131160000
  • $6,823 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units
  • Valley

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $75
  • Insurance Expense $1,064
  • Trash Expense $700
  • Water Sewer Expense $650
  • New Taxes Expense $6,800
  • Operating Expense $9,289
  • Gross Income $1,540

Property Details

Home Type

Apartment

Year Built

Built in 1979

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Gravel, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 650.00
  • Architectural Style: Traditional
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Type: Residential Income
  • Gardener Expense: 75.00
  • Parcel Number: 0413131160000
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceramic Counters, Formica Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 209.99
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Screens

Exterior Features

  • Foundation: Slab
  • Exterior Features: Stable
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Common Roof, Composition
  • Spa: No
  • Construction Materials: Plaster, Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Asphalt, Garage, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Phone Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas & Electric Range, Gas Water Heater, Water Heater
  • Heating Type: Central
  • Laundry Features: Individual Room, Outside, Washer Hookup
  • Sewer: Private Sewer
  • Trash Expense: 700.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Street Lights, Urban, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Desert Back, Lot 10000-19999 Sqft, Near Public Transit, No Landscaping
  • Lot Size Sq Ft: 11250.00
  • Lot Size Acres: 0.2583
  • Latitude Manual: 34.42021800

Rental Info

  • Tenant Pays: Electricity, Telephone

Multi Family

  • Average1 Bed Area: 754 Square Feet
  • Average2 Bed Area: 754 Square Feet
  • Average3 Bed Area: 754 Square Feet
  • Gross Income: 1540.00
  • Gross Scheduled Income: 18480.00
  • Insurance Expense: 1064.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 11250.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Number With Range: 1
  • Rent Control: No
  • Total Actual Rent: 1540.00
  • Total Expenses: 9289.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 6800.00
  • Tax Block: 292
  • Tax Census Tract: 100.19
  • Tax Lot: 3
  • Tax Tract Number: 100.19
  • TaxOtherAnnualAssessmentAmount: 6823.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2022
Closed on
Apr 18, 2022
Sold by
Maboba Rahmany
Bought by
Rahmany Bashir
Seller's Agent
Sean Reid
Century 21 Masters
Buyer's Agent
Frank Zuniga
Coldwell Banker Envision
List Price
$525,000
Sold Price
$475,000
Premium/Discount to List
-$50,000
-9.52%
Current Estimated Value
$541,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,688
Avg. Annual Appreciation
3.61%

Purchase Details

Listed on
Mar 28, 2022
Closed on
Apr 14, 2022
Sold by
Jumie Choi
Bought by
Choi Kyung Ho
Seller's Agent
Sean Reid
Century 21 Masters
Buyer's Agent
Frank Zuniga
Coldwell Banker Envision
List Price
$525,000
Sold Price
$475,000
Premium/Discount to List
-$50,000
-9.52%

Purchase Details

Listed on
Mar 28, 2022
Closed on
Apr 8, 2022
Sold by
Ho Choi Kyung
Bought by
Rahmany Jaber and Rahmany Bashir
Seller's Agent
Sean Reid
Century 21 Masters
Buyer's Agent
Frank Zuniga
Coldwell Banker Envision
List Price
$525,000
Sold Price
$475,000
Premium/Discount to List
-$50,000
-9.52%

Purchase Details

Closed on
Mar 20, 2019
Sold by
Don Investments Inc
Bought by
Choi Kyung Ho

Purchase Details

Closed on
May 6, 2010
Sold by
Mcgee Katherine
Bought by
Don Investments Inc

Purchase Details

Closed on
Oct 28, 2008
Sold by
Mcgee Katherine
Bought by
Mcgee Patrick L and Mcgee Katherine M

Purchase Details

Closed on
Oct 20, 2006
Sold by
Mcginley Brian M
Bought by
Mcgee Patrick and Mcgee Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,300
Interest Rate
1.75%
Mortgage Type
Negative Amortization
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
Rahmany Bashir -- Ticor Title
Rahmany Jaber -- Ticor Title
Choi Kyung Ho -- Ticor Title
Rahmany Jaber $475,000 Ticor Title
Choi Kyung Ho -- None Available
Don Investments Inc $100,200 None Available
Mcgee Patrick L -- None Available
Mcgee Patrick $389,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcgee Patrick $272,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2022 05/11/22 Sold $475,000 -9.5% $210 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $525,000 -- $232 / 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 $5,630 $504,074 $79,591 $424,483
2024 $6,315 $494,190 $78,030 $416,160
2023 $6,223 $484,500 $76,500 $408,000
2022 $3,236 $283,819 $52,559 $231,260
2021 $6,823 $278,253 $51,528 $226,725
2020 $3,142 $275,400 $51,000 $224,400
2019 $7,528 $144,643 $28,928 $115,715
2018 $4,007 $141,807 $28,361 $113,446
2017 $1,650 $139,027 $27,805 $111,222
2016 $1,617 $136,301 $27,260 $109,041
2015 $2,124 $134,254 $26,851 $107,403
2014 $2,059 $131,624 $26,325 $105,299
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR22061839

California Regional Multiple Listing Service (CRMLS)

APN: 0413-131-16