NOT LISTED FOR SALE

Estimated Value: $848,000 - $1,139,000

7 Beds
3 Baths
2,076 Sq Ft
$502/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $695,000 $335 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $6,280/month

112 Days on Market

Highlights

  • Lawn
  • Laundry Room
  • Landscaped
  • Woodrow Wilson High School Rated A

About This Home

As of November 2018

IMMACULATE CONDITION. Arguably the best, 2 on a lot property currently on the market. This property has been very nicely remodeled and meticulously maintained. All major systems, roof, electrical, plumbing, exterior, are in great condition and ready for a new owner to step right in with minimal work needed. The front unit is a 3 bedroom 1 bath home that currently collects $1600/month with a projected rent of $1850/month. The back unit is a 4 bedroom 2 baths completely remodeled home currently renting for $2025 with projected rents to be $2350/month. Please inquire if this is an opportunity that you would be interested in getting more information on.

Last Agent to Sell the Property

Tyler Rogina

Compass License #01925584 Listed on: 07/10/2018

Compass

Last Buyer's Agent

Laura Marquez

Realty One Group United License #01815016

Realty One Group United

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 5,763 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Lawn

Home Design

  • 2,076 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Carport Spaces

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 5500
  • Assessor Parcel Number 7260012003

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,195
  • Insurance Expense $876
  • Trash Expense $780
  • Water Sewer Expense $1,020
  • New Taxes Expense $9,248
  • Operating Expense $13,119
  • Gross Income $43,500
  • Net Operating Income $30,381

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Eastside (ES)
  • Water Sewer Expenses: 1020.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7260012003
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 334.78

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 780.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lawn
  • Lot Size Sq Ft: 5763.00
  • Lot Size Acres: 0.1323

Multi Family

  • Electric Expense: 1195.00
  • Gross Income: 43500.00
  • Gross Scheduled Income: 43500.00
  • Insurance Expense: 876.00
  • Lot Size Area: 5763.0000 Square Feet
  • Net Operating Income: 30381.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 13119.00
  • Rent Control: No
  • Total Actual Rent: 3625.00
  • Total Expenses: 13119.00

Tax Info

  • New Taxes Expense: 9248.00
  • Tax Census Tract: 5751.01
  • Tax Lot: 3
  • Tax Tract Number: 5500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
Nov 15, 2018
Sold by
Le Tuyen T
Bought by
Lagunas Luis
Seller's Agent
Tyler Rogina
Compass
Buyer's Agent
Laura Marquez
Realty One Group United
List Price
$729,900
Sold Price
$695,000
Premium/Discount to List
-$34,900
-4.78%
Current Estimated Value
$1,042,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,880
Avg. Annual Appreciation
5.88%

Purchase Details

Listed on
Jul 10, 2018
Closed on
Nov 6, 2018
Sold by
Lagunas Luis and Lagunas Luis
Bought by
Liao Tonia and Liao Tonia Chein Mm
Seller's Agent
Tyler Rogina
Compass
Buyer's Agent
Laura Marquez
Realty One Group United
List Price
$729,900
Sold Price
$695,000
Premium/Discount to List
-$34,900
-4.78%

Purchase Details

Closed on
Mar 9, 2006
Sold by
Lagunas Luis
Bought by
Lagunas Luis and The Luis Lagunas Trust

Purchase Details

Closed on
Jun 11, 2004
Sold by
Ankor Holdings Llc
Bought by
Lagunas Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2002
Sold by
Sngiem Phirum
Bought by
Mao Nicholas

Purchase Details

Closed on
Sep 30, 1999
Sold by
Development Secretary Of Housing And Urban
Bought by
Sngiem Phirum

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,877
Interest Rate
11.25%

Purchase Details

Closed on
Apr 20, 1998
Sold by
Nava Antonio H
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Jan 8, 1998
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Apr 14, 1997
Sold by
Hernandez Ozarit
Bought by
Nava Antonio H

Purchase Details

Closed on
Jan 10, 1997
Sold by
Wachter Joseph R and Brown Ronald E
Bought by
Nava Antonio H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,045
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 11, 1996
Sold by
Wachter Margaret K
Bought by
Wachter Joseph R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
8.25%

Purchase Details

Closed on
Jun 10, 1996
Sold by
Brown Angela J
Bought by
Brown Ronald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
8.25%

Purchase Details

Closed on
Jun 5, 1996
Sold by
Emc Mtg Corp
Bought by
Brown Ronald E and Wachter Joseph R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
8.25%

Purchase Details

Closed on
Dec 14, 1994
Sold by
Loo Larry L and Loo Ayette V
Bought by
Emc Mtg Corp
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
Lagunas Luis -- Ticor Title Company
Liao Tonia $695,000 Ticor Title Company
Lagunas Luis -- None Available
Lagunas Luis $460,000 New Century Title Company
Ankor Holdings Llc -- New Century Title Company
Mao Nicholas -- Orange Coast Title
Sngiem Phirum $155,500 --
Countrywide Home Loans Inc $187,861 Landsafe Title
Hud -- Landsafe Title
Nava Antonio H -- Fidelity National Title Ins
Nava Antonio H $182,000 Fidelity National Title Ins
Wachter Joseph R -- Fidelity Title
Brown Ronald E -- Fidelity Title
Brown Ronald E $75,000 Fidelity National Title Co
Emc Mtg Corp $117,500 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lagunas Luis $299,000
Previous Owner Sngiem Phirum $131,877
Previous Owner Nava Antonio H $177,045
Previous Owner Brown Ronald E $87,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2018 11/30/18 Sold $695,000 -4.8% $335 / Sq Ft
10/30/2018 10/30/18 Pending -- -- --
10/16/2018 10/16/18 For Sale $729,900 0.0% $352 / Sq Ft
10/08/2018 10/08/18 Pending -- -- --
09/11/2018 09/11/18 Price Changed $729,900 -1.4% $352 / Sq Ft
07/10/2018 07/10/18 For Sale $739,900 -- $356 / 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 $9,979 $775,279 $501,981 $273,298
2024 $9,979 $760,079 $492,139 $267,940
2023 $9,813 $745,177 $482,490 $262,687
2022 $9,215 $730,567 $473,030 $257,537
2021 $9,033 $716,243 $463,755 $252,488
2020 $9,009 $708,900 $459,000 $249,900
2019 $8,905 $695,000 $450,000 $245,000
2018 $7,171 $563,524 $355,267 $208,257
2017 $6,761 $525,000 $318,100 $206,900
2016 $5,880 $480,000 $290,800 $189,200
2015 $5,276 $440,000 $266,600 $173,400
2014 $4,945 $405,000 $245,400 $159,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18183823

California Regional Multiple Listing Service (CRMLS)

APN: 7260-012-003