NOT LISTED FOR SALE

Estimated Value: $607,163 - $932,000

4 Beds
4 Baths
2,160 Sq Ft
$375/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $330,000 $153 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $4,934/month

64 Days on Market

Highlights

  • Spanish Architecture
  • Tile Flooring
  • Wall Furnace
  • No HOA
  • Turnkey
  • Front Yard

About This Home

As of July 2016

!!!!!!Excellent opportunity for an investor or buyer that could live in one of the units and rent the others for cash flow, all four units all are 1 bedroom 1 bath identical mirror units, all 4 units have been remodeled, new kitchen cabinets, new sinks, new light fixtures, new interior and exterior paint, new laminate, carpet and tile floorings, new windows, remodeled bathrooms, property has 4 car garage, seller has put a lot of money in repairs to upgrade and refurbish these units, property is in great good condition, don't miss this opportunity.

Last Agent to Sell the Property

Martin Gonzalez

Realty Executives All Cities License #01204139 Listed on: 02/20/2017

Realty Executives All Cities

Last Buyer's Agent

Adriana Castellanos

Dreamfunder Realtors License #01360270

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,296

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 6,105 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Quadruplex
  • Spanish Architecture
  • Turnkey

Interior Spaces

  • 2,160 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 4385
  • Assessor Parcel Number 6002017033

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,950
  • Other Expense $360
  • Trash Expense $480
  • Water Sewer Expense $1,320
  • New Taxes Expense $5,625
  • Operating Expense $9,735
  • Gross Income $400
  • Net Operating Income $38,145

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,296

Year Built

Built in 1925 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 147250
  • Property Attached: No
  • Water Sewer Expenses: 1320.00
  • Zoning: LAR1
  • Architectural Style: Spanish
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6002017033
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Levels: One
  • Price Per Square Foot: 270.83
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 480.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6105.00

Rental Info

  • Garage Rental Rate: 100.00

Multi Family

  • Average1 Bed Area: 540 Square Feet
  • Garage Income: 400.00
  • Gross Income: 400.00
  • Gross Scheduled Income: 50400.00
  • Insurance Expense: 1950.00
  • Net Operating Income: 38145.00
  • Number Of Rented Garages: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 4
  • Operating Expense: 9735.00
  • Other Expense: 360.00
  • Other Expense Description: Gardener
  • Rent Control: Yes
  • Total Actual Rent: 1300.00
  • Total Expenses: 9735.00
  • Vacancy Allowance: 2520
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 5625.00
  • Tax Census Tract: 2372.02
  • Tax Lot: 17
  • Tax Tract Number: 4385

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2017
Closed on
May 30, 2017
Sold by
Lemac Llc
Bought by
Green Arthina and Vasquez Farah N
Seller's Agent
Martin Gonzalez
Realty Executives All Cities
Buyer's Agent
Adriana Castellanos
Dreamfunder Realtors
List Price
$589,000
Sold Price
$585,000
Premium/Discount to List
-$4,000
-0.68%
Current Estimated Value
$809,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,041
Avg. Annual Appreciation
4.00%
Original Mortgage
$585,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 8, 2016
Closed on
Jul 6, 2016
Sold by
Graham Kenneth R
Bought by
Lemac Llc
Seller's Agent
WIlliam Dickerson
RE/MAX College Park Realty
Buyer's Agent
Glenda Heggs
Nationwide Real Estate Execs
List Price
$465,000
Sold Price
$330,000
Premium/Discount to List
-$135,000
-29.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.27%
Original Mortgage
$280,500
Interest Rate
3.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 21, 1999
Sold by
Graham Laura Elena
Bought by
Graham Kenneth R and The Graham Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.69%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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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
Green Arthina $585,000 Wfg National Title Co Of Ca
Lemac Llc $330,000 North American Title Company
Graham Kenneth R -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Green Arthina $585,000
Previous Owner Lemac Llc $280,500
Previous Owner Graham Kenneth R $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2017 04/25/17 Pending -- -- --
03/23/2017 03/23/17 Price Changed $585,000 -0.7% $271 / Sq Ft
02/20/2017 02/20/17 For Sale $589,000 +78.5% $273 / Sq Ft
07/29/2016 07/29/16 Sold $330,000 -5.7% $153 / Sq Ft View Prior Sale
07/09/2016 07/09/16 Price Changed $350,000 -24.7% $162 / Sq Ft
07/08/2016 07/08/16 For Sale $465,000 0.0% $215 / Sq Ft
06/27/2016 06/27/16 Pending -- -- --
06/12/2016 06/12/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $465,000 -- $215 / 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 $8,296 $665,627 $455,130 $210,497
2024 $8,296 $652,576 $446,206 $206,370
2023 $8,144 $639,781 $437,457 $202,324
2022 $7,779 $627,237 $428,880 $198,357
2021 $7,594 $614,939 $420,471 $194,468
2019 $7,372 $596,700 $408,000 $188,700
2018 $7,250 $585,000 $400,000 $185,000
2016 $739 $36,397 $22,548 $13,849
2015 $732 $35,851 $22,210 $13,641
2014 $766 $35,149 $21,775 $13,374
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS17031962

California Regional Multiple Listing Service (CRMLS)

APN: 6002-017-033