NOT LISTED FOR SALE

Estimated Value: $840,000 - $922,000

3 Beds
3 Baths
1,829 Sq Ft
$490/Sq Ft Est. Value

Last Sold June 16, 2022

Last sale price $870,000 $476 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,595/month

54 Days on Market

About This Home

As of June 2022

LOCATION! LOCATION! LOCATION! Great Value Triplex hard to find in this area. All units are in good condition, featuring 2 bedroom and 1 bathroom has new tile flooring, partial new plumbing and new dry wall,(remodeling done within the last 2 years) this unit is towards the front of the property. In the back you have a 1 bedroom and 1 bath with attached studio have recently (within the last 2 years) new plumbing, new windows, new tile flooring and new inside paint. All units have separate gas and electric meters. Water meters have been installed for each unit however they have not been connected yet. Few minutes away from major shopping centers and the ocean! This is a wonderful investment to own!

Last Agent to Sell the Property

Theary Sim-ieng

California Financial & RE Ctr License #01117816 Listed on: 12/17/2021

Last Buyer's Agent

Mary Meza Hayes

T.N.G. Real Estate Consultants License #01770479

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,051 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • 1,829 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 2 / B
  • Assessor Parcel Number 7253004002
  • $522 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Circle Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Gross Income $61,560

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

6,051 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Circle (CA)
  • Zoning: LBR2N
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7253004002
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 475.67

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6051.00
  • Lot Size Acres: 0.1389

Multi Family

  • Average1 Bed Area: 572 Square Feet
  • Average2 Bed Area: 708 Square Feet
  • Average Studio Area: 299 Square Feet
  • Gross Income: 61560.00
  • Gross Scheduled Income: 61560.00
  • Lot Size Area: 6051.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Block: B
  • Tax Census Tract: 5750.02
  • Tax Lot: 2
  • TaxOtherAnnualAssessmentAmount: 522.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2023
Sold by
Ferrario Jeffery and Ferrario Jennifer
Bought by
Jj Ferrario Trust
Current Estimated Value
$895,774

Purchase Details

Listed on
Dec 17, 2021
Closed on
May 17, 2022
Sold by
Alan Questar Living Trust
Bought by
Ferrario Jeffery S and Ferrario Jennifer L
Seller's Agent
Theary Sim-ieng
California Financial & RE Ctr
Buyer's Agent
Mary Meza Hayes
T.N.G. Real Estate Consultants
List Price
$899,000
Sold Price
$870,000
Premium/Discount to List
-$29,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.78%
Original Mortgage
$652,500
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2015
Sold by
Questar Alan
Bought by
Questar Alan and Alan Questar Living Trust

Purchase Details

Listed on
Nov 24, 2014
Closed on
Feb 24, 2015
Sold by
Arango Fernando
Bought by
Questar Alan
Seller's Agent
Luis Iglesias
Park Regency Realty
Buyer's Agent
Theary Sim-ieng
California Financial & RE Ctr
List Price
$460,000
Sold Price
$440,000
Premium/Discount to List
-$20,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Original Mortgage
$330,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2008
Sold by
Cardenas Lina M
Bought by
Arango Fernando A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2004
Sold by
Arango Fernando A and Arango Fernando Adolfo
Bought by
Arango Fernando A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2002
Sold by
Stucken Charles R and Stucken Honorinna S
Bought by
Arango Fernando Adolfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,350
Interest Rate
5.83%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 17, 2002
Sold by
Blee Catherine
Bought by
Blee Kirk P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,350
Interest Rate
5.83%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 21, 2002
Sold by
Blee Kirk P
Bought by
Stucken Charles R and Stucken Honorinna S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.24%

Purchase Details

Closed on
Feb 20, 1998
Sold by
Blee Kirk and Blee Richard A
Bought by
Blee Kirk P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,867
Interest Rate
6.97%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jj Ferrario Trust -- --
Ferrario Jeffery -- --
Ferrario Jeffery S $870,000 Chicago Title
Questar Alan -- None Available
Questar Alan $440,000 Lawyers Title
Arango Fernando A -- Ticor Title Company
Arango Fernando A -- Investors Title Company
Arango Fernando Adolfo $299,000 Fidelity
Blee Kirk P -- Fidelity National Title Co
Stucken Charles R $220,000 Fidelity National Title Co
Blee Kirk P -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferrario Jeffery S $652,500
Previous Owner Questar Alan $330,000
Previous Owner Arango Fernando A $351,000
Previous Owner Arango Fernando A $307,000
Previous Owner Arango Fernando Adolfo $294,350
Previous Owner Stucken Charles R $165,000
Previous Owner Blee Kirk P $139,867
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2022 06/16/22 Sold $870,000 -3.2% $476 / Sq Ft
03/24/2022 03/24/22 For Sale $899,000 0.0% $492 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
12/17/2021 12/17/21 For Sale $899,000 +104.3% $492 / Sq Ft
03/13/2015 03/13/15 Sold $440,000 -4.3% $302 / Sq Ft View Prior Sale
02/22/2015 02/22/15 Pending -- -- --
11/24/2014 11/24/14 For Sale $460,000 -- $316 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,814 $923,250 $604,888 $318,362
2024 $11,814 $905,148 $593,028 $312,120
2023 $11,613 $887,400 $581,400 $306,000
2022 $6,479 $498,306 $351,080 $147,226
2021 $6,345 $488,537 $344,197 $144,340
2020 $6,329 $483,768 $340,668 $143,100
2019 $6,255 $474,288 $333,989 $140,299
2018 $6,070 $464,994 $327,441 $137,553
2016 $5,591 $446,709 $314,727 $131,982
2015 $4,474 $360,310 $228,961 $131,349
2014 $4,456 $353,253 $224,476 $128,777
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21264518

California Regional Multiple Listing Service (CRMLS)

APN: 7253-004-002

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