NOT LISTED FOR SALE

Estimated Value: $618,000 - $726,000

9 Beds
6 Baths
3,120 Sq Ft
$211/Sq Ft Est. Value

Last Sold March 26, 2018

Last sale price $345,000 $111 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,804/month

4 Days on Market

About This Home

As of March 2018

Great investment property with three well maintained units. Each unit has 3 bedrooms, 2 bathrooms and a single attached garage. Each unit comes with a stove and dishwasher, laundry hook up and a fireplace in living room. Two units share a private patio and one unit has a private yard. Please drive by to see and do not disturb tenants.

Last Agent to Sell the Property

Helen Yang

Helen Yang License #01868513 Listed on: 03/01/2018

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Lot Details

  • 7,100 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 3,120 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Urban Location
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 0407194090000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,154
  • Trash Expense $1,000
  • Water Sewer Expense $1,000
  • New Taxes Expense $3,485
  • Operating Expense $10,000
  • Gross Income $28,500
  • Net Operating Income $18,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1000.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 0407194090000
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 110.58

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Conventional Septic
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7100.00

Multi Family

  • Gross Income: 28500.00
  • Gross Scheduled Income: 28500.00
  • Insurance Expense: 1154.00
  • Net Operating Income: 18500.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 10000.00
  • Rent Control: No
  • Total Expenses: 10000.00

Tax Info

  • New Taxes Expense: 3485.00
  • Tax Census Tract: 100.14
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2018
Closed on
Mar 13, 2018
Sold by
Heien Yang Jerry
Bought by
Spssm Investment Ix Lp
Seller's Agent
Helen Yang
Helen Yang
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$345,000
Sold Price
$345,000
Current Estimated Value
$659,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,361
Avg. Annual Appreciation
8.68%

Purchase Details

Listed on
Jun 29, 2015
Closed on
Sep 3, 2015
Sold by
Singh Harmit
Bought by
Yang Jerry and Yang Helen
Seller's Agent
Maricela Musavvir
Diamond Hills Realty
Buyer's Agent
Maricela Musavvir
Diamond Hills Realty
List Price
$309,900
Sold Price
$297,500
Premium/Discount to List
-$12,400
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%
Original Mortgage
$164,500
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2011
Sold by
Kaur Sarabjit
Bought by
Singh Harmit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,375
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2011
Sold by
Owb Reo Llc
Bought by
Singh Harmit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,375
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2010
Sold by
Mbaabu Alice Kangai
Bought by
Owb Reo Llc

Purchase Details

Closed on
Jan 20, 2005
Sold by
Mbaabu Elias Joel
Bought by
Mbaabu Alice Kangai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,500
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2005
Sold by
Criswell Charles D
Bought by
Mbaabu Alice Kangai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,500
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2001
Sold by
Criswell Charles D
Bought by
Criswell Charles D and Criswell Amelita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.91%

Purchase Details

Closed on
May 1, 1999
Sold by
Criswell Charles D
Bought by
Criswell Charles D

Purchase Details

Closed on
Nov 25, 1998
Sold by
Criswell Charles D
Bought by
Criswell Charles D and Criswell Phyllis L

Purchase Details

Closed on
Aug 7, 1997
Sold by
Sadd Raymond J and Sadd Sharon A
Bought by
Criswell Charles D and Criswell Phyllis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,150
Interest Rate
7.3%
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
Spssm Investment Ix Lp $345,000 Orange Coast Title Co
Yang Jerry $291,500 Priority Title
Singh Harmit -- Lsi Title Company Ca
Singh Harmit $172,500 Lsi Title Company Ca
Owb Reo Llc $117,930 Accommodation
Mbaabu Alice Kangai -- Southland Title
Mbaabu Alice Kangai $385,000 Southland Title
Criswell Charles D -- Ati Title Company
Criswell Charles D -- First American Title Ins
Criswell Charles D -- --
Criswell Charles D $131,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yang Jerry $164,500
Previous Owner Singh Harmit $129,375
Previous Owner Mbaabu Alice Kangai $269,500
Previous Owner Criswell Charles D $108,000
Previous Owner Criswell Charles D $85,150
Closed Mbaabu Alice Kangai $77,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2018 03/26/18 Sold $345,000 0.0% $111 / Sq Ft
03/01/2018 03/01/18 For Sale $345,000 +16.0% $111 / Sq Ft
10/03/2015 10/03/15 Sold $297,500 -4.0% $95 / Sq Ft View Prior Sale
09/15/2015 09/15/15 Pending -- -- --
06/29/2015 06/29/15 For Sale $309,900 -- $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 $4,270 $392,551 $22,756 $369,795
2024 $4,270 $384,854 $22,310 $362,544
2023 $4,224 $377,308 $21,873 $355,435
2022 $4,127 $369,910 $21,444 $348,466
2021 $4,053 $362,657 $21,024 $341,633
2020 $4,006 $358,938 $20,808 $338,130
2019 $3,923 $351,900 $20,400 $331,500
2018 $3,414 $303,277 $31,212 $272,065
2017 $3,354 $297,330 $30,600 $266,730
2016 $3,284 $291,500 $30,000 $261,500
2015 -- $183,887 $22,386 $161,501
2014 $2,098 $180,284 $21,947 $158,337
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR18047460

California Regional Multiple Listing Service (CRMLS)

APN: 0407-194-09