NOT LISTED FOR SALE

Estimated Value: $1,152,000 - $1,539,000

5 Beds
4 Baths
1,830 Sq Ft
$718/Sq Ft Est. Value

Last Sold April 15, 2020

Last sale price $950,000 $519 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $7,956/month

8 Days on Market

Highlights

  • Air Conditioning
  • Tile Flooring
  • 1-Story Property

About This Home

As of April 2020

Beautifully renovated duplex in Mid-City. Presents as two houses: a Spanish style 3+2 bungalow with fireplace in front, and a modern 2+2 home in back. Each has a gated yard that includes lush landscaping. New kitchens with stainless steel appliances including dishwashers and washers/dryers, all-new tiled bathrooms, new floors, roofs, tankless water heaters and split-mini AC/heat systems. Upscale finishes throughout, vintage lighting, ceiling fans, crown moldings and walk-in closets. Everything is done and gorgeous! Therefore, this property commands strong rents with very low maintenance. At only 10.26 times the current gross income, this will not last! Both units are occupied on a month to month basis and will not be delivered vacant. The bedroom/bathroom count differs from public records; buyers to investigate.

Last Agent to Sell the Property

Andrew Gombiner

Gombiner & Company License #01197325 Listed on: 03/30/2020

Last Buyer's Agent

KELLI DUNAWAY

JOHNHART CORP License #01248493

JOHNHART CORP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,564

Year Built

  • Built in 1925

Lot Details

  • 5,000 Sq Ft Lot

Home Design

  • Composition Roof

Interior Spaces

  • 1,830 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Driveway

Utilities

  • Air Conditioning
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5067-002-044

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,564

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1830
  • Stories: 1
  • Year Built: 1925
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate, Tile
  • Bedrooms: 5
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 436.61

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition

Garage/Parking

  • Other Spaces: 3
  • Parking Garage: Driveway
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning
  • Heating: Wall
  • Water Expense: 715.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 2520.00
  • Maintenance Expense: 1500.00

Lot Info

  • Assessed Improvement Value: 163200
  • Assessed Land Value: 387600
  • Assessor Parcel Number: 5067-002-044
  • Geocode Override: No
  • Lot Size Area: 5000

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 10.26
  • Number Of Units: 2
  • Rent Control: Yes
  • Type Of Units: Residential

Tax Info

  • Tax Expense: 9600.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2020
Closed on
Apr 10, 2020
Sold by
Boyd Edward
Bought by
Terheggen Holdings Llc
Seller's Agent
Andrew Gombiner
Gombiner & Company
Buyer's Agent
KELLI DUNAWAY
JOHNHART CORP
List Price
$799,000
Sold Price
$950,000
Premium/Discount to List
$151,000
18.9%
Current Estimated Value
$1,313,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,503
Avg. Annual Appreciation
6.02%

Purchase Details

Listed on
Jul 13, 2015
Closed on
Jan 5, 2016
Sold by
Nwachuku Udo O
Bought by
Boyd Edward
Seller's Agent
Barbara White
Express Financial Services
Buyer's Agent
Andrew Gombiner
Gombiner & Company
List Price
$650,000
Sold Price
$540,000
Premium/Discount to List
-$110,000
-16.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.47%
Original Mortgage
$405,000
Interest Rate
3.93%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Terheggen Holdings Llc $950,000 Stewart Title Of Ca Inc
Boyd Edward $540,000 Western Resources Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boyd Edward $405,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2020 04/15/20 Sold $950,000 +18.9% $519 / Sq Ft
04/07/2020 04/07/20 Pending -- -- --
03/30/2020 03/30/20 For Sale $799,000 +48.0% $437 / Sq Ft
02/12/2016 02/12/16 Sold $540,000 -16.9% $295 / Sq Ft View Prior Sale
12/23/2015 12/23/15 Pending -- -- --
07/13/2015 07/13/15 For Sale $650,000 -- $355 / Sq Ft
Source: The MLS

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 $12,564 $1,038,959 $415,582 $623,377
2024 $12,564 $1,018,588 $407,434 $611,154
2023 $12,325 $998,617 $399,446 $599,171
2022 $11,757 $979,037 $391,614 $587,423
2021 $11,610 $959,841 $383,936 $575,905
2020 $7,342 $584,512 $411,324 $173,188
2019 $7,057 $573,052 $403,259 $169,793
2018 $6,949 $561,816 $395,352 $166,464
2016 $3,015 $235,963 $135,977 $99,986
2015 $2,973 $232,420 $133,935 $98,485
2014 $2,997 $227,868 $131,312 $96,556
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-567264

The MLS

APN: 5067-002-044