NOT LISTED FOR SALE

Estimated Value: $702,000 - $780,236

7 Beds
4 Baths
2,004 Sq Ft
$373/Sq Ft Est. Value

Last Sold March 16, 2018

Last sale price $445,000 $222 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,514/month

1 Day on Market

Highlights

  • No HOA
  • Wood Fence
  • 1-Story Property
  • Laundry Room

About This Home

As of March 2018

**********INVESTOR OPPORTUNITY***********BUILT IN 2002. PROPERTY COUNTS WITH TWO UNITS ATTACHED , FRONT UNIT HAS 3 BEDROOMS AND TWO BATHROOMS AND THE BACK UNIT HAS 4 BEDROOMS AND 2 BATHROOSM. ENOUGH LOT TO PARK 6 CARS. ON THE BACKYARD YOU CAN FIND A ONE CAR GARAGE. ALL WITH THEIR OWN ELECTRIC AND OWN GAS METERS.
***SOLD AS IS CONDITION***. !!!EXCELLENCE FOR GENERATING INCOME!!. CONVENIENT LOCATION, CLOSE TO FREEWAY AND HOSPITAL.
DON'T MISS THE AMAZING DEAL!!!

Last Agent to Sell the Property

Rocio De Dios

ALTICORE REALTY License #02005254 Listed on: 02/08/2018

ALTICORE REALTY

Last Buyer's Agent

Rocio De Dios

ALTICORE REALTY License #02005254 Listed on: 02/08/2018

ALTICORE REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,611

Year Built

  • Built in 2002

Lot Details

  • 8,506 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Chain Link Fence
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • Parking Available

Home Design

  • Duplex

Interior Spaces

  • 2,004 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 58
  • Tax Tract Number 2
  • Assessor Parcel Number 6069002014

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,400
  • Trash Expense $225
  • Water Sewer Expense $225
  • New Taxes Expense $4,178
  • Operating Expense $6,028
  • Gross Income $18,000
  • Net Operating Income $29,973

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,611

Year Built

Built in 2002

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 225.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6069002014
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 222.06

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Available, Sewer Connected
  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 225.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8506.00

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Income: 18000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 1400.00
  • Net Operating Income: 29973.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 6027.00
  • Rent Control: No
  • Total Actual Rent: 1500.00
  • Total Expenses: 6027.82

Tax Info

  • New Taxes Expense: 4177.80
  • Tax Census Tract: 2427.00
  • Tax Lot: 58
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2018
Closed on
Feb 26, 2018
Sold by
Baltazar Javier
Bought by
Best Western Summit Inn Inc
Seller's Agent
Rocio De Dios
ALTICORE REALTY
Buyer's Agent
Rocio De Dios
ALTICORE REALTY
List Price
$450,000
Sold Price
$445,000
Premium/Discount to List
-$5,000
-1.11%
Current Estimated Value
$747,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,309
Avg. Annual Appreciation
7.08%
Original Mortgage
$244,750
Outstanding Balance
$208,930
Interest Rate
4.22%
Mortgage Type
Stand Alone First
Estimated Equity
$538,379

Purchase Details

Listed on
Mar 5, 2012
Closed on
Mar 13, 2012
Sold by
Three Kings Of Queens Inc
Bought by
Baltazar Javier
Seller's Agent
Carlos Hidalgo
Re/Max Top Producers
Buyer's Agent
Kharen Perez
Executive Bankers Realty
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.89%
Original Mortgage
$277,775
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 12, 2011
Closed on
Dec 29, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Three Kings Of Queens Inc
Seller's Agent
Wiley Sturns
First Security Investment Co.
Buyer's Agent
Schaun Clark
List Price
$155,997
Sold Price
$155,000
Premium/Discount to List
-$997
-0.64%

Purchase Details

Closed on
Oct 28, 2010
Sold by
Gulliver Maria V
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 22, 2003
Sold by
Caballero Jose
Bought by
Gulliver Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2002
Sold by
Bravo Fidel
Bought by
Gulliver Maria and Caballero Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,446
Interest Rate
6.83%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 27, 2001
Sold by
Bravo Lourdes
Bought by
Bravo Fidel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
6.63%

Purchase Details

Closed on
Nov 1, 2001
Sold by
Perdomo Frank
Bought by
Bravo Fidel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
6.63%

Purchase Details

Closed on
Jun 27, 2000
Sold by
Perdomo Frank
Bought by
Perdomo Frank and Omni Communication & Entertainment Inc

Purchase Details

Closed on
Mar 24, 2000
Sold by
J L L Investment Group Inc
Bought by
Perdomo Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
8.67%

Purchase Details

Closed on
Mar 4, 1999
Sold by
Bank Of America Nt & Sa
Bought by
J I L Investment Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,700
Interest Rate
6.98%

Purchase Details

Closed on
Sep 17, 1998
Sold by
Felder Clifford
Bought by
Bank Of America Nt & Sa
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
Best Western Summit Inn Inc $445,000 Chicago Title
Baltazar Javier $285,000 Investors Title Company
Three Kings Of Queens Inc $155,000 Ticor Title
Federal Home Loan Mortgage Corporation $172,727 Ticor Title
Gulliver Maria -- Ticor Title Company
Gulliver Maria $230,000 --
Bravo Fidel -- Fidelity Title
Bravo Fidel $60,000 Fidelity National Title Co
Perdomo Frank -- --
Perdomo Frank $150,000 Fidelity Title
J I L Investment Group Inc $89,000 Fidelity Title
Bank Of America Nt & Sa $80,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Best Western Summit Inn Inc $244,750
Previous Owner Baltazar Javier $277,775
Previous Owner Gulliver Maria $256,500
Previous Owner Gulliver Maria $226,446
Previous Owner Bravo Fidel $94,000
Previous Owner Perdomo Frank $144,000
Previous Owner J I L Investment Group Inc $95,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2018 03/16/18 Sold $445,000 -1.1% $222 / Sq Ft
02/09/2018 02/09/18 Pending -- -- --
02/08/2018 02/08/18 For Sale $450,000 +57.9% $225 / Sq Ft
05/02/2012 05/02/12 Sold $285,000 0.0% $142 / Sq Ft View Prior Sale
04/12/2012 04/12/12 Pending -- -- --
03/05/2012 03/05/12 For Sale $285,000 +83.9% $142 / Sq Ft
01/13/2012 01/13/12 Sold $155,000 -0.6% $77 / Sq Ft View Prior Sale
01/09/2012 01/09/12 Pending -- -- --
11/12/2011 11/12/11 For Sale $155,997 -- $78 / 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 $6,611 $506,327 $278,764 $227,563
2024 $6,611 $496,400 $273,299 $223,101
2023 $6,490 $486,668 $267,941 $218,727
2022 $6,203 $477,127 $262,688 $214,439
2021 $6,121 $467,773 $257,538 $210,235
2020 $6,176 $462,978 $254,898 $208,080
2019 $5,944 $453,900 $249,900 $204,000
2018 $4,271 $314,608 $165,583 $149,025
2016 $4,066 $302,393 $159,154 $143,239
2015 $4,006 $297,852 $156,764 $141,088
2014 $4,026 $292,019 $153,694 $138,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV18031782

California Regional Multiple Listing Service (CRMLS)

APN: 6069-002-014