NOT LISTED FOR SALE

Estimated Value: $815,000 - $1,139,000

7 Beds
5 Baths
2,541 Sq Ft
$381/Sq Ft Est. Value

Last Sold October 01, 2019

Last sale price $650,000 $256 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,956/month

8 Days on Market

Highlights

  • Laundry Room
  • Central Air
  • 1-Story Property

About This Home

As of October 2019

!!!!!! BEAUTIFUL UNITS IN EXCELLENT CONDITION !!!! Good for owner occupied or investor!!!! The property consist in 2 buildings: The front unit (as been legally one house with 5 bed, 3 bath, with central air)but now is converted in duplex, with 3 bed, 2 bath and 2 bed, 1 bath. The back unit (has been legally build in 2019) have 2 bed, 2 bath. These units offers in total 7 bedrooms and 5 bathrooms. The driveway still has room to park several cars. Live in one and and receive rent for two or rent all of them and enjoy positive cash flow. Please do not disturb tenants. Listing information deemed reliable but not guaranteed. No warranties expressed or implied. Buyer and buyer's agent to verify and satisfy on all aspects of the property such as, but no limited to permits.
!!!!! These turnkey units has tremendous flexibility and plenty of space- come see for yourself !!!!!

Last Agent to Sell the Property

MARIA NAVARRO

Elevate Real Estate Agency License #01353560 Listed on: 05/12/2019

Co-Listed By

Bruce Balmir

Elevate Real Estate Agency License #01737153

Last Buyer's Agent

Gilbert Gutierrez

Real Broker License #02022002

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,645

Year Built

  • Built in 1907

Lot Details

  • 5,377 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Interior Spaces

  • 2,541 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Available
  • Driveway

Additional Features

  • Exterior Lighting
  • Central Air

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 44
  • Assessor Parcel Number 5116014020

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,645

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Other Phone Description: 909) 717-2600
  • Price Per Unit: 325000
  • Property Attached: No
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5116014020
  • Year Built: 1907
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 255.80
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5377.00
  • Lot Size Acres: 0.1234

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 61200.00
  • Lot Size Area: 5377.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 2281.00
  • Tax Lot: 44
  • Tax Tract Number: 000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2019
Closed on
Sep 25, 2019
Sold by
Lazarit Mavel Cortez and Lazarit Stephanie Cortez
Bought by
Contreras Maria Haro and Contreras Claudia Haro
Seller's Agent
MARIA NAVARRO
Elevate Real Estate Agency
Buyer's Agent
Gilbert Gutierrez
Real Broker
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$968,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,465
Avg. Annual Appreciation
5.85%
Original Mortgage
$484,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2015
Sold by
Lazarit Mavel Cortez
Bought by
Lazarit Mavel Cortez and Lazarit Stephanie Cortez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2013
Sold by
Valencia Jennie
Bought by
Lazarit Mavel Cortez and Lazarit Stephanie Cortez

Purchase Details

Listed on
Dec 11, 2011
Closed on
Jul 10, 2012
Sold by
Gonzalez Graciela
Bought by
Valencia Jennie
Seller's Agent
MARIA NAVARRO
Elevate Real Estate Agency
Buyer's Agent
MARIA NAVARRO
Elevate Real Estate Agency
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.15%
Original Mortgage
$172,710
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 15, 2003
Sold by
Lopez Leopoldo Cortez
Bought by
Gonzalez Graciela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
8.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Contreras Maria Haro $650,000 Lawyers Title Company
Lazarit Mavel Cortez -- Pacific Coast Title Company
Lazarit Mavel Cortez -- None Available
Valencia Jennie $180,000 Ortc
Gonzalez Graciela -- Fidelity National Title
Gonzalez Graciela -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Contreras Maria Haro $477,500
Closed Contreras Maria Haro $484,000
Previous Owner Lazarit Mavel Cortez $178,000
Previous Owner Valencia Jennie $172,710
Previous Owner Gonzalez Graciela $320,000
Previous Owner Gonzalez Graciela $234,000
Previous Owner Gonzalez Graciela $192,000
Previous Owner Gonzalez Graciela $159,000
Previous Owner Gonzalez Graciela $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2019 10/01/19 Sold $650,000 0.0% $256 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
05/12/2019 05/12/19 For Sale $650,000 +261.1% $256 / Sq Ft
07/25/2012 07/25/12 Sold $180,000 -10.0% $111 / Sq Ft
02/21/2012 02/21/12 Price Changed $200,000 0.0% $124 / Sq Ft
02/21/2012 02/21/12 For Sale $200,000 +11.1% $124 / Sq Ft
02/14/2012 02/14/12 Pending -- -- --
01/13/2012 01/13/12 Off Market $180,000 -- --
12/12/2011 12/12/11 Price Changed $220,000 +37.5% $136 / Sq Ft
12/11/2011 12/11/11 For Sale $160,000 -- $99 / 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 $8,645 $710,867 $328,093 $382,774
2024 $8,645 $696,929 $321,660 $375,269
2023 $8,479 $683,264 $315,353 $367,911
2022 $8,087 $669,868 $309,170 $360,698
2021 $7,979 $656,734 $303,108 $353,626
2020 $8,056 $650,000 $300,000 $350,000
2019 $3,891 $307,253 $182,748 $124,505
2018 $3,816 $301,229 $179,165 $122,064
2016 $3,636 $289,533 $172,208 $117,325
2015 $3,585 $285,185 $169,622 $115,563
2014 $3,604 $279,600 $166,300 $113,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19112557

California Regional Multiple Listing Service (CRMLS)

APN: 5116-014-020