NOT LISTED FOR SALE
9 Beds
8 Baths
4,534 Sq Ft
7,631 Sq Ft Lot

Last Sold April 05, 2021

Last sale price $1,850,000 $408 Per Sq Ft

20 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • No HOA
  • California Elementary School Rated A
  • Private Yard
  • 2-minute walk to Smallwood Park

About This Home

As of April 2021

Hard to find spacious fourplex in the highly desirable Spice Streets Tract of Mesa Verde. This beautifully maintained building is conveniently located off of Harbor and Baker Street and situated near multiple restaurants, retail shopping center destinations, Smallwood park and in close proximity to 73, 405 and 55 freeways. At the quiet end of the street -close to the park and away from Harbor Blvd.
Unit A is 3 bedroom/2 bath on the ground floor. All others are 2 bedroom, 2 bath. Three of the units are occupied by long term tenants, shown with accepted offer only. One two bedroom unit has been newly renovated with wood flooring, granite kitchen countertops, new hardware, lighting, vanities, shower and dual paned windows.
Plenty of parking, 5 garages and 2 assigned spots, shared laundry room and wide paved alley. The spacious yard and mature trees add to the charm and comfortable, quiet atmosphere.
All expenses are estimated. Long term tenants-Pro forma rent in excess of $100,000.

Last Agent to Sell the Property

Vicki Lee

Compass License #00664250 Listed on: 01/11/2021

Compass

Last Buyer's Agent

Mark DiBernardo

DiBernardo Realty License #01021009

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 7,631 Sq Ft Lot
  • 1 Common Wall
  • Redwood Fence
  • Rectangular Lot
  • Level Lot
  • Private Yard
  • Lawn
  • Front Yard

Parking

  • 5 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Rear-Facing Garage
  • Assigned Parking

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,534 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Window Screens

Kitchen

  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Central Heating
  • Natural Gas Connected
  • Gas Water Heater
  • Central Water Heater
  • Sewer Paid
  • TV Antenna

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 5475
  • Assessor Parcel Number 13949202

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Trash Expense $1,800
  • Water Sewer Expense $2,400
  • New Taxes Expense $20,000
  • Operating Expense $26,000
  • Gross Income $61,092
  • Net Operating Income $61,492

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

5

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Spice Street Tract
  • View: No
  • Water Sewer Expenses: 2400.00
  • Zoning: Multi-Family
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 13949202
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 408.03
  • Window Features: Double Pane Windows, Screens

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters, TV Antenna
  • Fence: Yes
  • Fencing: Redwood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Garage Faces Rear
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Water Heater Central
  • Electric: 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Level with Street, Rectangular Lot, Level, Yard
  • Lot Size Sq Ft: 7631.00
  • Lot Size Acres: 0.1752

Rental Info

  • Tenant Pays: None

Multi Family

  • Gross Income: 61092.00
  • Gross Scheduled Income: 87492.00
  • Insurance Expense: 1800.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 600.00
  • Lot Size Area: 7631.0000 Square Feet
  • Net Operating Income: 61492.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 26000.00
  • Rent Control: No
  • Total Actual Rent: 5091.00
  • Total Expenses: 26000.00

Tax Info

  • New Taxes Expense: 20000.00
  • Tax Area: 15-045
  • Tax Lot: 17
  • Tax Tract Number: 5475

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2021 04/05/21 Sold $1,850,000 0.0% $408 / Sq Ft
01/11/2021 01/11/21 For Sale $1,850,000 -- $408 / 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 $22,263 $2,002,498 $1,731,890 $270,608
2024 $22,263 $1,963,234 $1,697,932 $265,302
2023 $21,705 $1,924,740 $1,664,640 $260,100
2022 $21,210 $1,887,000 $1,632,000 $255,000
2021 $2,718 $143,347 $41,254 $102,093
2020 $2,693 $141,878 $40,831 $101,047
2019 $2,661 $139,097 $40,031 $99,066
2018 $2,620 $136,370 $39,246 $97,124
2017 $2,582 $133,697 $38,477 $95,220
2016 $2,535 $131,076 $37,723 $93,353
2015 $2,502 $129,108 $37,157 $91,951
2014 $2,447 $126,579 $36,429 $90,150
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG20263182

California Regional Multiple Listing Service (CRMLS)

APN: 139-492-02