NOT LISTED FOR SALE

Estimated Value: $1,271,000 - $1,580,900

8 Beds
4 Baths
2,754 Sq Ft
$516/Sq Ft Est. Value

Last Sold February 23, 2022

Last sale price $1,420,000 $516 Per Sq Ft

Current estimated payment $9,122/month

4 Days on Market

About This Home

As of February 2022

Don’t miss out on this great opportunity! A well-maintained four unit building, featuring a garage for 5 cars and 3 additional assigned parking. Several upgrades such as roof, hot water heater & furnace have been replaced last few years. This property is
being sold as-is. Please DO NOT disturb tenants.

Last Agent to Sell the Property

Wilfredo Paguio

CSB REALTY License #01966797 Listed on: 01/27/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,696

Year Built

  • Built in 1989

Lot Details

  • 7,000 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 5 Car Garage
  • 3 Carport Spaces

Home Design

  • Property Attached

Interior Spaces

  • 2,754 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 1 / 52
  • Tax Tract Number 4983
  • Assessor Parcel Number 7351007001
  • $2,006 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,000
  • Fuel Expense $850
  • Insurance Expense $1,800
  • Water Sewer Expense $2,400
  • New Taxes Expense $12,000
  • Operating Expense $21,300
  • Gross Income $72,952
  • Net Operating Income $51,652

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,696

Year Built

Built in 1989

Lot Details

0

Parking

5

Listing Details

  • Other Phone Description: 6266654110
  • Price Per Unit: 350000
  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 7351007001
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 515.61

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 5.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1607

Multi Family

  • Electric Expense: 3000.00
  • Fuel Expense: 850.00
  • Gross Income: 72952.00
  • Gross Scheduled Income: 72952.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 7000.0000 Square Feet
  • Net Operating Income: 51652.00
  • 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
  • Operating Expense: 19250.00
  • Rent Control: No
  • Total Actual Rent: 71952.00
  • Total Expenses: 21300.00

Tax Info

  • New Taxes Expense: 12000.00
  • Tax Block: 52
  • Tax Census Tract: 2920.00
  • Tax Lot: 1
  • Tax Tract Number: 4983
  • TaxOtherAnnualAssessmentAmount: 2006.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
Feb 10, 2022
Sold by
Valerio Living Trust
Bought by
1654 West 205Th Street Llc
Seller's Agent
Wilfredo Paguio
CSB REALTY
List Price
$1,400,000
Sold Price
$1,420,000
Premium/Discount to List
$20,000
1.43%
Current Estimated Value
$1,419,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$275
Avg. Annual Appreciation
1.59%

Purchase Details

Closed on
Sep 3, 2020
Sold by
Valerio Ariosto R and Valerio Elenita R
Bought by
Valerio Ariosto Redonido and Valerio Elenita Rodriguez

Purchase Details

Listed on
Jul 3, 2019
Closed on
Jul 30, 2019
Sold by
Fang Jie and Li Bin
Bought by
Valerio Ariosto R and Valerio Elenita R
Seller's Agent
Steve Tang
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Wilfredo Paguio
CSB REALTY
List Price
$1,095,000
Sold Price
$1,095,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.43%
Original Mortgage
$438,000
Interest Rate
3.6%

Purchase Details

Listed on
May 13, 2015
Closed on
Jun 24, 2015
Sold by
Lee Victor H
Bought by
Fang Jie and Li Bin
Seller's Agent
Sinan Ballantyne
Real Estate EBroker Inc.
Buyer's Agent
Steve Tang
Berkshire Hathaway HomeServices California Properties
List Price
$849,500
Sold Price
$839,500
Premium/Discount to List
-$10,000
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$419,750
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2005
Sold by
Lee Victor H
Bought by
Lee Angela T

Purchase Details

Closed on
Aug 10, 2004
Sold by
Mayfield Sinan D
Bought by
Mayfield Sinan D and The Sinan D M Living Trust

Purchase Details

Closed on
Jul 26, 2003
Sold by
Lee Victor H
Bought by
Lee Victor H

Purchase Details

Closed on
Apr 16, 2003
Sold by
Dang Lily
Bought by
Dang Lily and Lee Victor H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
5.72%

Purchase Details

Closed on
Jul 12, 2001
Sold by
Mayfield Sinan
Bought by
Mayfield Sinan and Mayfield Ross

Purchase Details

Closed on
Sep 21, 1996
Sold by
Lee Victor
Bought by
Lee Angela T
Source: Public Records

Range of Values:

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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
1654 West 205Th Street Llc $1,420,000 Provident Title
Valerio Ariosto Redonido -- Accommodation
Valerio Ariosto R $1,095,000 Provident Title Company
Fang Jie $839,500 Ticor Title Company
Lee Angela T -- --
Mayfield Sinan D -- --
Lee Victor H -- --
Dang Lily -- Southland Title
Mayfield Sinan -- --
Lee Angela T -- --
Lee Victor H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valerio Ariosto R $438,000
Previous Owner Fang Jie $419,750
Previous Owner Dang Lily $135,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2022 02/23/22 Sold $1,420,000 +1.4% $516 / Sq Ft
02/15/2022 02/15/22 For Sale $1,400,000 0.0% $508 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $1,400,000 +27.9% $508 / Sq Ft
09/26/2019 09/26/19 Sold $1,095,000 0.0% $398 / Sq Ft
07/16/2019 07/16/19 Pending -- -- --
07/03/2019 07/03/19 For Sale $1,095,000 +30.4% $398 / Sq Ft
08/07/2015 08/07/15 Sold $839,500 -1.2% $305 / Sq Ft
06/07/2015 06/07/15 Pending -- -- --
05/13/2015 05/13/15 For Sale $849,500 -- $308 / 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 $18,696 $1,506,915 $955,087 $551,828
2024 $18,696 $1,477,368 $936,360 $541,008
2023 $18,335 $1,448,400 $918,000 $530,400
2022 $14,098 $1,128,470 $819,300 $309,170
2021 $13,917 $1,106,344 $803,236 $303,108
2019 $11,357 $890,352 $424,483 $465,869
2018 $11,215 $872,895 $416,160 $456,735
2016 $10,710 $839,000 $400,000 $439,000
2015 $8,795 $679,198 $234,201 $444,997
2014 $8,832 $665,895 $229,614 $436,281
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22013158

California Regional Multiple Listing Service (CRMLS)

APN: 7351-007-001