NOT LISTED FOR SALE

Estimated Value: $787,572 - $958,000

8 Beds
8 Baths
3,474 Sq Ft
$247/Sq Ft Est. Value

Last Sold August 06, 2014

Last sale price $360,000 $104 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $5,102/month

150 Days on Market

Highlights

  • Laundry Room
  • 3 Car Garage
  • Wrought Iron Fence
  • Central Heating and Cooling System

About This Home

As of August 2014

BACK ON THE MARKET ! ! THIS IS YOUR OPPORTUNITY ! ! Rare quadraplex with great cash flow! You just don’t find them this clean anymore! This income property features gated entry, paved parking, 3 garages, on-site laundry room, new roof, new paint, newer HVAC, and more. All 2 bed, 2 ba units are rented with great tenants! Call today before someone else sees this fantastic opportunity!

Last Agent to Sell the Property

GRACE MACHADO

KEN SCOTT REAL ESTATE License #01268533 Listed on: 01/14/2014

Last Buyer's Agent

Martin Meza

Meza Realty License #01737507

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,445

Year Built

  • Built in 1991

Lot Details

  • 0.29 Acre Lot
  • Two or More Common Walls
  • Wrought Iron Fence

Parking

  • 3 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • 3,474 Sq Ft Home
  • Property Attached
  • Composition Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Additional Features

  • Laundry Room
  • Rain Gutters
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Tax Lot 19
  • Tax Tract Number 2316
  • Assessor Parcel Number 0147232200000

Community Details

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $600
  • Insurance Expense $1,000
  • Gross Income $2,840
  • Net Operating Income $31,080

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,445

Year Built

Built in 1991

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 0147232200000
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 103.63

Exterior Features

  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Unassigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Gutters, Suburban

Lot Info

  • Lot Size Sq Ft: 12521.00
  • Lot Size Acres: 0.2870

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 2840.00
  • Gross Scheduled Income: 34080.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 12521.0000 Square Feet
  • Net Operating Income: 31080.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 500.00
  • Rent Control: No
  • Total Actual Rent: 2840.00

Tax Info

  • Tax Lot: 19
  • Tax Tract Number: 2316
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2014
Closed on
Jun 25, 2014
Sold by
Paredes Jorge and Salazar Efrain Paredes
Bought by
Meza Martin and Meza Marina
Seller's Agent
GRACE MACHADO
KEN SCOTT REAL ESTATE
Buyer's Agent
Martin Meza
Meza Realty
List Price
$364,900
Sold Price
$360,000
Premium/Discount to List
-$4,900
-1.34%
Current Estimated Value
$859,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$499,643
Avg. Annual Appreciation
8.16%
Original Mortgage
$252,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2011
Sold by
Deparedes Angelica Salazar
Bought by
Salazar Efrain Paredes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2009
Sold by
Deparedes Angelica Salazar
Bought by
Salazar Efrain Paredes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.82%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 3, 2009
Sold by
Maxmar Holdings Llc
Bought by
Paredes Jorge and Salazar Efrain Paredes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.82%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 22, 2009
Sold by
Homequest Llc
Bought by
Maxmar Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
5.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2008
Sold by
Wells Fargo Bank Na
Bought by
Homequest Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2008
Sold by
Hernandez Serafin and Hernandez Martin
Bought by
Wells Fargo Bank Na and Harborview 2006-12 Trust Fund

Purchase Details

Closed on
Jan 25, 2005
Sold by
Best Jodi L and Best Jodi
Bought by
Hernandez Serafin and Hernandez Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,500
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2004
Sold by
Okoli Valentine M
Bought by
Best Jodi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 2003
Sold by
Nkuna Charles T
Bought by
Okoli Valentine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.99%

Purchase Details

Closed on
Aug 26, 1998
Sold by
Commercial Federal Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Aug 10, 1998
Sold by
Gilbert Gonzalez Arturo
Bought by
Commercial Federal Mtg Corp and Railroad Svgs Bank Fsb

Purchase Details

Closed on
Jul 26, 1995
Sold by
Hermosilla Carlos
Bought by
Gonzalez Arturo and Gonzalez Elba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,829
Interest Rate
7.61%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 16, 1995
Sold by
Great Western Bank Fsb
Bought by
Hermosilla Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
9.03%

Purchase Details

Closed on
Dec 21, 1994
Sold by
Christopherson Fred R and Christopherson Janet Ruth
Bought by
Great Western Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
9.03%
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
Meza Martin $360,000 Chicago Title Co
Salazar Efrain Paredes -- Fidelity National Title Co
Salazar Efrain Paredes -- Fidelity Title Company
Paredes Jorge $230,000 Fidelity Title Company
Maxmar Holdings Llc -- Fidelity National Title Co
Homequest Llc -- Landsafe Title San Bernardin
Wells Fargo Bank Na $250,000 Landsafe
Hernandez Serafin $450,000 Southland Title Of Burbank
Best Jodi $330,000 South Coast Title
Okoli Valentine M $235,000 National Title Service
Hud -- First Southwestern Title
Commercial Federal Mtg Corp $167,889 First Southwestern Title Co
Commerical Federal Mtg Corp $167,889 First Southwestern Title Co
Gonzalez Arturo $160,000 Chicago Title Co
Hermosilla Carlos $70,000 Chicago Title Company
Great Western Bank $110,631 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meza Martin $236,000
Closed Meza Martin $252,000
Previous Owner Salazar Efrain Paredes $167,000
Previous Owner Paredes Jorge $155,000
Previous Owner Salazar Efrain Paredes $50,000
Previous Owner Paredes Jorge $170,000
Previous Owner Maxmar Holdings Llc $660,000
Previous Owner Homequest Llc $212,000
Previous Owner Hernandez Serafin $400,050
Previous Owner Hernandez Serafin $103,950
Previous Owner Hernandez Serafin $391,500
Previous Owner Best Jodi $264,000
Previous Owner Okoli Valentine M $188,000
Previous Owner Nkuna Charles T $33,000
Previous Owner Nkuna Charles T $28,000
Previous Owner Gonzalez Arturo $155,829
Previous Owner Hermosilla Carlos $70,000
Closed Okoli Valentine M $35,250
Closed Best Jodi $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2014 08/06/14 Sold $360,000 -1.3% $104 / Sq Ft
06/13/2014 06/13/14 Pending -- -- --
01/14/2014 01/14/14 For Sale $364,900 -- $105 / 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 $5,445 $432,667 $129,800 $302,867
2024 $5,445 $424,183 $127,255 $296,928
2023 $5,309 $415,866 $124,760 $291,106
2022 $5,321 $407,712 $122,314 $285,398
2021 $5,333 $399,718 $119,916 $279,802
2020 $5,349 $395,619 $118,686 $276,933
2019 $5,188 $387,862 $116,359 $271,503
2018 $5,129 $380,256 $114,077 $266,179
2017 $4,971 $372,800 $111,840 $260,960
2016 $4,821 $365,490 $109,647 $255,843
2015 $4,761 $360,000 $108,000 $252,000
2014 $3,178 $242,188 $42,119 $200,069
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV14028300

California Regional Multiple Listing Service (CRMLS)

APN: 0147-232-20