NOT LISTED FOR SALE

Estimated Value: $1,183,000 - $1,384,000

9 Beds
6 Baths
2,628 Sq Ft
$482/Sq Ft Est. Value

Last Sold April 12, 2022

Last sale price $1,200,000 $457 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,991/month

65 Days on Market

Highlights

  • Granite Countertops
  • No HOA
  • Living Room
  • Private Yard
  • Double Pane Windows
  • Laundry Room

About This Home

As of April 2022

Great Investment opportunity with four spacious units. Well maintained. The building has recently been painted. Monthly Gross Rental Income $6,126. The rear unit is a townhouse 2 Bed 1.5 Bath with a private yard. Two are 2 Bed 1 Bath. Above the garages is a 3 Bed 2 Bath. 4 car garages with 4 additional off-street parking spaces plus additional storage rooms for each unit inside their corresponding garage.

Last Agent to Sell the Property

Tony Masciotti

Keller Williams Realty License #01203934 Listed on: 01/03/2022

Keller Williams Realty

Last Buyer's Agent

Vincent Te

HomeSmart Realty Group License #01972737

HomeSmart Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 6,160 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Block Wall Fence
  • Landscaped
  • Private Yard
  • Back Yard

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Assigned Parking

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 9 Bedrooms
  • 2,628 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Living Room
  • Storage

Kitchen

  • Free-Standing Range
  • Granite Countertops
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • No Interior Steps

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 3
  • Tax Tract Number 24318
  • Assessor Parcel Number 6121004003

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $755
  • Fuel Expense $560
  • Gardener Expense $1,080
  • Insurance Expense $1,780
  • Maintenance Expense $1,200
  • Pest Control $900
  • Water Sewer Expense $3,100
  • New Taxes Expense $13,362
  • Operating Expense $27,717
  • Gross Income $73,512
  • Net Operating Income $45,795

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

6,160 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 3100.00
  • Zoning: LAR3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 6121004003
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Storage, Tile Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 456.62
  • Room Type: Kitchen, Living Room
  • Window Features: Blinds, Double Pane Windows, Screens

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Garage Faces Front
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Dryer Included, Washer Included
  • Pest Control Expense: 900.00
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Yard
  • Lot Size Sq Ft: 6160.00
  • Lot Size Acres: 0.1414

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 755.00
  • Fuel Expense: 560.00
  • Gross Income: 73512.00
  • Gross Scheduled Income: 73512.00
  • Insurance Expense: 1780.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 1800.00
  • Lot Size Area: 6160.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 45795.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Range: 4
  • Operating Expense: 27717.00
  • Rent Control: Yes
  • Total Actual Rent: 5976.00
  • Total Expenses: 27717.00

Tax Info

  • New Taxes Expense: 13362.00
  • Tax Census Tract: 2912.20
  • Tax Lot: 3
  • Tax Tract Number: 24318

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2022
Closed on
Apr 6, 2022
Sold by
Soth Dany
Bought by
Krouch Heang
Seller's Agent
Tony Masciotti
Keller Williams Realty
Buyer's Agent
Vincent Te
HomeSmart Realty Group
List Price
$1,169,000
Sold Price
$1,200,000
Premium/Discount to List
$31,000
2.65%
Current Estimated Value
$1,265,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,889
Avg. Annual Appreciation
1.36%

Purchase Details

Closed on
Jan 25, 2013
Sold by
Weldin Richard and Weldin Jolanda A
Bought by
Weldin Richard W and Weldin Jolanda A

Purchase Details

Closed on
Mar 24, 2011
Sold by
Thomas James Capital Inc
Bought by
Weldin Richard and Weldin Jolanda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,250
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2011
Sold by
Cano Sergio
Bought by
Thomas James Capital Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,250
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2008
Sold by
Cano Sergio
Bought by
Cano Sergio

Purchase Details

Closed on
Mar 20, 2007
Sold by
Martinez Ramon and Ruiz Mario
Bought by
Cano Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2005
Sold by
Martinez Ramon
Bought by
Martinez Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
6.9%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 16, 2005
Sold by
Elizabeth Earl Enterprises Llc
Bought by
Martinez Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
6.9%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 29, 2004
Sold by
Rodillas Kyle
Bought by
Elizabeth Earl Enterprises Llc

Purchase Details

Closed on
Mar 23, 2003
Sold by
David John Earl and David Vanessa E
Bought by
David John Earl

Purchase Details

Closed on
Apr 7, 1999
Sold by
Guzman Gustavo and Guzman Sylvia
Bought by
David John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,239
Interest Rate
7.04%

Purchase Details

Closed on
Mar 3, 1999
Sold by
Perslstein Ronald David and Perlstein Judith Ellen
Bought by
Guzman Gustavo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,239
Interest Rate
7.04%

Purchase Details

Closed on
Jan 29, 1999
Sold by
Hill Douglas
Bought by
The Perlstein Trust Of 1982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,384
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 4, 1998
Sold by
Perlstein Ronald David and Perlstein Judith Ellen
Bought by
Hill Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,000
Interest Rate
7.11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 7, 1998
Sold by
Pearson Henry and Perlstein Trust Of 1982
Bought by
Perlstein Trust Of 1982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,000
Interest Rate
7.11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 28, 1996
Sold by
California Federal Bank Fsb
Bought by
Pearson Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.86%

Purchase Details

Closed on
Sep 24, 1996
Sold by
Schoenberg Samuel and Schoenberg Jean
Bought by
California Federal Bank Fsb and California Fsla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.86%
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
Krouch Heang -- Ticor Title
Weldin Richard W -- None Available
Weldin Richard $499,000 Provident Title Company
Thomas James Capital Inc $325,200 None Available
Cano Sergio -- None Available
Cano Sergio $760,000 Fidelity-Los Angeles
Martinez Ramon -- --
Martinez Ramon $600,000 Commerce Title
Elizabeth Earl Enterprises Llc -- --
Elizabeth Earl Enterprises Llc -- --
David John Earl -- --
David John E $5,500 Benefit Land Title Company
Guzman Gustavo $320,000 Benefit Land Title Company
The Perlstein Trust Of 1982 $200,000 Fidelity National Title Ins
Hill Douglas $223,000 Fidelity Title
Perlstein Trust Of 1982 $222,467 Fidelity National Title Ins
Pearson Henry $160,000 Chicago Title Company
California Federal Bank Fsb $156,233 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weldin Richard $374,250
Previous Owner Cano Sergio $608,000
Previous Owner Martinez Ramon $510,000
Previous Owner David John E $4,239
Previous Owner Guzman Gustavo $317,384
Previous Owner Hill Douglas $223,000
Previous Owner Pearson Henry $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2022 04/12/22 Sold $1,200,000 +2.7% $457 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
01/03/2022 01/03/22 For Sale $1,169,000 -- $445 / 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 $15,986 $1,273,449 $573,052 $700,397
2024 $15,986 $1,248,480 $561,816 $686,664
2023 $15,679 $1,224,000 $550,800 $673,200
2022 $8,002 $602,423 $362,179 $240,244
2021 $7,882 $590,612 $355,078 $235,534
2019 $7,656 $573,097 $344,548 $228,549
2018 $7,552 $561,861 $337,793 $224,068
2016 $7,187 $540,045 $324,677 $215,368
2015 $7,080 $531,934 $319,801 $212,133
2014 $7,113 $521,515 $313,537 $207,978
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22000597

California Regional Multiple Listing Service (CRMLS)

APN: 6121-004-003

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