NOT LISTED FOR SALE

17101 E Francisquito Ave West Covina, CA 91791

Estimated Value: $1,333,000 - $1,622,000

5 Beds
3 Baths
2,716 Sq Ft
$561/Sq Ft Est. Value

Last Sold April 25, 2018

Last sale price $980,000 $361 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $9,419/month

42 Days on Market

Highlights

  • 29,390 Sq Ft lot
  • No HOA
  • Central Heating
  • Merced Elementary School Rated A-
  • Laundry Room

About This Home

As of April 2018

ATTENTION BUILDERS, INVESTORS : HARD TO FIND AN UNIQUE PROPERTY WHICH CONSISTS OF THREE SEPARATE SINGLE FAMILY RESIDENCE SITTING ON A FLAT AND USABLE HUGE LOT APPROX. 30,000 SQFT WITH A 100 FEET FRONTAGE. EACH HOUSE HAS ITS OWN YARD AND GARAGE AND ALSO ITS OWN ELECTRICAL AND GAS METERS. FRONT HOUSE HAS THREE BEDROOM/TWO BATHS ( PROPERTY PROFILE SHOWS ONLY TWO BEDROOM - THIRD BEDROOM MIGHT BE CONVERTED FROM A DEN) WITH A CIRCULAR DRIVEWAY AND PLENTY OF PARKING PLUS TWO SEPARATE HOUSES IN THE BACK WITH TWO BEDROOM AND ONE BATH EACH. LOT OF POTENTIAL FOR FUTURE DEVELOPMENT OR EXPANSION : PLEASE CHECK AND VERIFY W/COUNTY OF LOS ANGELES. CONVENIENT TO SCHOOLS, MARKETS AND PUBLIC TRANSPORTATION. LONG TERM TENANTS. PROPERTY IS BEING SOLD AS IT'S PRESENT CONDITION, SELLERS WON'T BE RESPONSIBLE FOR ANY REPAIRS EXCEPT FOR THE SECTION ONE TERMITE CLEARANCE. PLEASE DRIVE BY ONLY AND ABSOLUTELY DO NOT DISTURB TENANTS. PLEASE SUBMIT OFFER SUBJECT TO THE INTERIOR INSPECTION. A MUST SEE !!!

Last Agent to Sell the Property

Minh Huynh

COLDWELL BANKER DYNASTY/TC License #01131789 Listed on: 01/16/2018

COLDWELL BANKER DYNASTY/TC

Last Buyer's Agent

Minh Huynh

COLDWELL BANKER DYNASTY/TC License #01131789

COLDWELL BANKER DYNASTY/TC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,142

Year Built

  • Built in 1954

Lot Details

  • 0.67 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 10 Open Parking Spaces
  • 4 Car Garage

Home Design

  • 2,716 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room

Utilities

  • Central Heating
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 300
  • Tax Tract Number 4066
  • Assessor Parcel Number 8490021006

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,400
  • Trash Expense $1,800
  • Water Sewer Expense $2,400
  • New Taxes Expense $12,000
  • Operating Expense $17,600
  • Gross Income $4,100
  • Net Operating Income $31,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,142

Year Built

Built in 1954

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: 626-242-4381
  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Zoning: LCR17500*
  • Property Type: Residential Income
  • Parcel Number: 8490021006
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 360.82

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 14.00
  • Uncovered Spaces: 10.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Unknown
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 29390.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Income: 4100.00
  • Gross Scheduled Income: 49200.00
  • Insurance Expense: 1400.00
  • Net Operating Income: 31600.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 17600.00
  • Rent Control: No
  • Total Expenses: 17600.00

Tax Info

  • New Taxes Expense: 12000.00
  • Tax Census Tract: 4066.01
  • Tax Lot: 300
  • Tax Tract Number: 4066

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2018
Sold by
Lin Brandon
Bought by
Lf8 Ventures Llc
Current Estimated Value
$1,524,131

Purchase Details

Listed on
Jan 16, 2018
Closed on
Apr 2, 2018
Sold by
Tran John Chan and Tran Helen
Bought by
Lin Brandon
Seller's Agent
Minh Huynh
COLDWELL BANKER DYNASTY/TC
Buyer's Agent
Minh Huynh
COLDWELL BANKER DYNASTY/TC
List Price
$1,098,000
Sold Price
$980,000
Premium/Discount to List
-$118,000
-10.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$400,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 15, 2014
Closed on
Sep 16, 2014
Sold by
Kirk Sue
Bought by
Tran John Chan and Tran Helen
Seller's Agent
ARLETTE LYONS
LYONS & ASSOCIATES
Buyer's Agent
Minh Huynh
COLDWELL BANKER DYNASTY/TC
List Price
$650,000
Sold Price
$757,000
Premium/Discount to List
$107,000
16.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.70%
Original Mortgage
$529,900
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2003
Sold by
Kirk Sue Carolyn
Bought by
Kirk Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage
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
Lf8 Ventures Llc -- Accommodation
Lin Brandon $980,000 Fidelity National Title Comp
Tran John Chan $757,000 North American Title
Kirk Sue -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lin Brandon $400,000
Previous Owner Tran John Chan $529,900
Previous Owner Kirk Sue $257,361
Previous Owner Kirk Sue $300,000
Previous Owner Kirk Sue Carolyn $101,177
Previous Owner Kirk Sue Carolyn $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2018 04/25/18 Sold $980,000 -10.7% $361 / Sq Ft
01/16/2018 01/16/18 For Sale $1,098,000 +45.0% $404 / Sq Ft
11/03/2014 11/03/14 Sold $757,000 +16.5% $279 / Sq Ft
09/15/2014 09/15/14 Pending -- -- --
08/28/2014 08/28/14 For Sale $650,000 -- $239 / 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 $14,142 $1,115,069 $773,722 $341,347
2024 $14,142 $1,093,205 $758,551 $334,654
2023 $13,193 $1,071,771 $743,678 $328,093
2022 $13,309 $1,050,757 $729,097 $321,660
2021 $12,939 $1,030,154 $714,801 $315,353
2020 $13,005 $1,019,592 $707,472 $312,120
2019 $12,622 $999,600 $693,600 $306,000
2018 $9,992 $799,592 $588,339 $211,253
2016 $9,207 $768,544 $565,494 $203,050
2015 $9,000 $757,000 $557,000 $200,000
2014 $1,768 $75,954 $23,976 $51,978
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS18011713

California Regional Multiple Listing Service (CRMLS)

APN: 8490-021-006