NOT LISTED FOR SALE

Estimated Value: $359,962 - $527,000

2 Beds
1 Bath
1,508 Sq Ft
$313/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $465,000 $308 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,927/month

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • No HOA
  • Fireplace in Kitchen
  • Property is near public transit
  • 2 Car Direct Access Garage

About This Home

As of August 2023

AMAZING OPPORTUNITY ON THIS COMPLETELY REMODELED DUPLEX IN EXCELLENT RESIDENTIAL NEIGHBORHOOD . . . . . EASY ACCCESS TO 15 FWY & ALL MAJOR SHOPPING & DINING CONVENIENCES . . . . . Property shows amazingly beautiful & upgraded . . . . . VERY LOW TAX RATE OF 1.09% . . . . . UNIT A rents for $1650 & UNIT B rents for $1630 on a month-to-month basis . . . Both tenants have been there between 1 year & 2 years . . . Each unit has it's own electric & gas meter . . . Property has one water meter & the bill is shared between the tenants, added to the monthly rent . . . Property looks brand new . . . Bedrooms have new ceiling fans in bedrooms & in living room . . . BOTH UNITS HAVE BEEN REMODELED COMPLETELY . . . NEW ROOF . . . NEW KITCHEN CABINETS & QUARTZ COUNTER TOPS . . . New stainless steel appliances & microwave. . . New stainless single deep sink basin . . . Each unit has dishwasher that is not stainless steel . . . NEW DOUBLE PANE ENERGY EFFICIENT WINDOWS & SLIDING DOORS . . . NEW EXTERIOR & INTERIOR PAINT . . . Newer central air conditioner/heating systems . . . New remodeled baths, new tub & new vanity . . . New wood-like laminate flooring throughout . . . EACH UNIT CONSITS OF 2 BEDROOMS, 1 BATH, & 1 CAR GARAGE WITH DIRECT ACCESS TO HOME & LAUNDRY HOOK-UP CONNECTIONS IN GARAGE . . . One of the units has an enlarged cement pad that fits about 4 cars . . Property is on septic system that was inspected in a thorough manner with all lines jetted & inspected with camera . . . YARD IS COMPLETELY FENCED.

Last Agent to Sell the Property

Oscar Garcia

1% LISTING FEE License #00972163 Listed on: 07/15/2023

Last Buyer's Agent

Adriana Nagel

Elevate Real Estate Agency License #01812080

Elevate Real Estate Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • 7,100 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Rectangular Lot
  • Level Lot
  • Front Yard

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway Up Slope From Street
  • Driveway Level

Home Design

  • Duplex
  • Contemporary Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Composition Roof
  • Copper Plumbing

Interior Spaces

  • 1,508 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Laminate Flooring

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, trash collection
  • Legal Lot and Block 27 / 18
  • Tax Tract Number 1234
  • Assessor Parcel Number 0407184070000
  • $208 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,201
  • Maintenance Expense $1,800
  • Other Expense $1,800
  • Operating Expense $2,990
  • Gross Income $39,360
  • Net Operating Income $32,956

Property Details

Home Type

Multi-Family

Year Built

Built in 1980 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Architectural Style: Contemporary
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0407184070000
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Copper Plumbing Full, Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Dining Room, Kitchen, Living Room
  • Price Per Square Foot: 308.36
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete, Driveway Level, Driveway Up Slope From Street, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Water Heater
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: In Garage
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 6500-9999, Rectangular Lot, Level, Near Public Transit
  • Lot Size Sq Ft: 7100.00
  • Lot Size Acres: 0.1630

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection

Multi Family

  • Average2 Bed Area: 754 Square Feet
  • Gross Income: 39360.00
  • Gross Scheduled Income: 39360.00
  • Insurance Expense: 1201.00
  • Lot Size Area: 7100.0000 Square Feet
  • Maintenance Expense: 1800.00
  • Net Operating Income: 32956.00
  • 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
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 6404.00
  • Other Expense: 1800.00
  • Other Expense Description: repairs
  • Rent Control: No
  • Total Actual Rent: 3280.00
  • Total Expenses: 2990.00

Tax Info

  • Tax Block: 18
  • Tax Census Tract: 100.14
  • Tax Lot: 27
  • Tax Tract Number: 1234
  • TaxOtherAnnualAssessmentAmount: 208.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2024
Sold by
Landeta Ximena Patricia and Johnson Alec James
Bought by
Pine Development Group Llc
Current Estimated Value
$478,753

Purchase Details

Listed on
Jul 15, 2023
Closed on
Aug 4, 2023
Sold by
Johnson Scott Edward
Bought by
Landeta Ximena Patricia
Seller's Agent
Oscar Garcia
1% LISTING FEE
Buyer's Agent
Adriana Nagel
Elevate Real Estate Agency
List Price
$450,000
Sold Price
$465,000
Premium/Discount to List
$15,000
3.33%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.60%
Original Mortgage
$330,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2021
Closed on
Nov 23, 2021
Sold by
Rae Crisman Virginia
Bought by
Crisman Robert D
Seller's Agent
Robert Van Der Goes
Seven Gables Real Estate
Buyer's Agent
Robert Van Der Goes
Seven Gables Real Estate
List Price
$299,000
Sold Price
$305,000
Premium/Discount to List
$6,000
2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.61%

Purchase Details

Listed on
Oct 10, 2021
Closed on
Nov 4, 2021
Sold by
Crisman Robert D and Roberton Michael
Bought by
King Chong Su and The Choug Su King Living Trust
Seller's Agent
Robert Van Der Goes
Seven Gables Real Estate
Buyer's Agent
Robert Van Der Goes
Seven Gables Real Estate
List Price
$299,000
Sold Price
$305,000
Premium/Discount to List
$6,000
2.01%

Purchase Details

Closed on
Sep 18, 2000
Sold by
Crisman Robert D
Bought by
Crisman Robert D and Crisman Virginia R
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
Pine Development Group Llc -- None Listed On Document
Landeta Ximena Patricia -- Socal Title Company
Landeta Ximena Patricia $465,000 Socal Title Company
Crisman Robert D -- --
King Chong Su $305,000 First Amer Ttl Co Res Div
Crisman Robert D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Landeta Ximena Patricia $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2023 08/17/23 Sold $465,000 +3.3% $308 / Sq Ft
07/15/2023 07/15/23 Pending -- -- --
07/15/2023 07/15/23 For Sale $450,000 +47.5% $298 / Sq Ft
11/23/2021 11/23/21 Sold $305,000 +2.0% $202 / Sq Ft View Prior Sale
11/09/2021 11/09/21 For Sale $299,000 0.0% $198 / Sq Ft
10/30/2021 10/30/21 Pending -- -- --
10/10/2021 10/10/21 For Sale $299,000 -- $198 / 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 $5,108 $474,300 $40,800 $433,500
2024 $5,108 $465,000 $40,000 $425,000
2023 $3,484 $311,100 $35,700 $275,400
2022 $1,585 $137,776 $17,097 $120,679
2021 $1,558 $135,075 $16,762 $118,313
2020 $1,540 $133,690 $16,590 $117,100
2019 $1,509 $131,069 $16,265 $114,804
2018 $1,481 $128,499 $15,946 $112,553
2017 $1,456 $125,979 $15,633 $110,346
2016 $1,426 $123,508 $15,326 $108,182
2015 $1,409 $121,653 $15,096 $106,557
2014 $1,390 $119,270 $14,800 $104,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV23130563

California Regional Multiple Listing Service (CRMLS)

APN: 0407-184-07