$530,000
SOLD JAN 16, 2025
8 Beds
8 Baths
3,400 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$156 Per Sq Ft

11% Below List Price

91 Days on Market

Highlights

  • City Lights View
  • Private Yard
  • Living Room
  • Open Floorplan
  • No HOA
  • Laundry Room

About This Home

As of January 2025

Asking price reduced! Great investment property 4 units locates in good neighbors and walking distance to Williams Elementary School that very attractive to stable tenants. All units are 2 bedrooms w/ 1.5 bathroom. 2 story. Comfortable and practical interior layout ( 2 bedrooms w/ 1 bathroom on 2nd floor. Living room, Kitchen and half bathroom on 1st floor). Each unit has own indoor laundry hookups and central A/C and private outdoor yard space divided by brick wall. Alley access. Large parking in the back of the property. Unit D has new gas water heater, new electric stove range and. Each unit has separately electricity and gas meters. Owner pays water and trash.

Last Agent to Sell the Property

Wei Cheng

IRN REALTY Brokerage Phone: 626-340-1178 License #01801136 Listed on: 09/11/2024

IRN REALTY

Last Buyer's Agent

Selene Valdes

Century 21 Allstars License #01802643

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 7,405 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Wrought Iron Fence
  • Brick Fence
  • Stucco Fence
  • Rectangular Lot
  • Private Yard
  • Back and Front Yard

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Panel Doors
  • Living Room
  • City Lights Views
  • Electric Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Upper Level Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Parking Available
  • Parking Lot

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 9,10 / 165
  • Assessor Parcel Number 13813018005

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $1,036
  • Professional Management Expense $2,400
  • Trash Expense $258
  • Water Sewer Expense $2,307
  • Operating Expense $6,001
  • Gross Income $43,800
  • Net Operating Income $37,799

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Professional Management Expense: 2400.00
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 2307.00
  • Zoning: R2
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 13813018005
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Open Floorplan
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Door Features: Panel Doors
  • Entry Level: 1
  • Price Per Square Foot: 155.88
  • Room Type: All Bedrooms Up, Kitchen, Living Room

Exterior Features

  • Foundation: Slab
  • Exterior Features: Lighting, TV Antenna
  • View: City Lights
  • Fence: Yes
  • Fencing: Brick, Stucco Wall, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Parking Space, Uncovered
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Gas Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 258.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Rectangular Lot, Walkstreet, Yard
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 43800.00
  • Gross Scheduled Income: 43800.00
  • Insurance Expense: 1036.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 37799.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Number With Range: 4
  • Operating Expense: 6001.00
  • Rent Control: Yes
  • Total Actual Rent: 43800.00
  • Total Expenses: 6001.00

Tax Info

  • Tax Block: 165
  • Tax Lot: 9,10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2024
Closed on
Jan 10, 2025
Sold by
Wu Xing Mei and Luo Hui
Bought by
Dela Fuente Hugo Alberto and Samayoa Sandra Patricia
Seller's Agent
Wei Cheng
IRN REALTY
Buyer's Agent
Selene Valdes
Century 21 Allstars
List Price
$598,000
Sold Price
$530,000
Premium/Discount to List
-$68,000
-11.37%
Views
17
Current Estimated Value
$545,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,638
Avg. Annual Appreciation
3.32%
Original Mortgage
$397,500
Outstanding Balance
$394,675
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$150,963
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 Type Sale Price Title Company
Grant Deed $530,000 Fidelity National Title
Grant Deed $530,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $397,500 New Conventional
Closed $397,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/16/2025 01/16/25 Sold $530,000 -3.3% $156 / Sq Ft
12/11/2024 12/11/24 Pending -- -- --
11/26/2024 11/26/24 Price Changed $548,000 -8.4% $161 / Sq Ft
09/11/2024 09/11/24 For Sale $598,000 +63.8% $176 / Sq Ft
03/17/2021 03/17/21 Sold $365,000 +4.3% $107 / Sq Ft View Prior Sale
02/15/2021 02/15/21 For Sale $349,900 -- $103 / 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 $7,625 $400,498 $292,256 $108,242
2024 $7,625 $392,646 $286,526 $106,120
2023 $7,393 $384,948 $280,908 $104,040
2022 $6,970 $377,400 $275,400 $102,000
2021 $3,491 $109,246 $14,594 $94,652
2020 $3,322 $108,127 $14,445 $93,682
2019 $3,275 $108,127 $14,445 $93,682
2018 $3,171 $103,931 $13,885 $90,046
2017 $3,139 $101,894 $13,613 $88,281
2016 $3,012 $99,897 $13,347 $86,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24188540

California Regional Multiple Listing Service (CRMLS)

APN: 138-130-18-00-5