NOT LISTED FOR SALE

1815 Junipero Ave Signal Hill, CA 90755

6 Beds
5 Baths
2,950 Sq Ft
5,406 Sq Ft Lot

Last Sold June 01, 2022

Last sale price $1,595,000 $541 Per Sq Ft

12 Days on Market

Highlights

  • Property is near park
  • Laundry Room
  • 3-minute walk to Raymond Arbor Park
  • Alvarado Elementary Rated 9+

About This Home

As of June 2022

-Stabilized Property with Over 20% Upside in Rents
-Over 6% Current Cash on Cash Return
-Onsite Parking & Onsite Laundry
-No Municipal Rent Control
-Over 10% Market Cash on Cash Return

Last Agent to Sell the Property

Shane Young

Younglewin Advisors, Inc. License #01963090 Listed on: 03/09/2022

Last Buyer's Agent

Daniel Gomez

Younglewin Advisors, Inc. License #02081392

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 5,406 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Property Attached

Interior Spaces

  • 2,950 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Location

  • Property is near park

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 2350
  • Assessor Parcel Number 7216026010

Community Details

Overview

  • 2 Buildings
  • 5 Units
  • Signal Hill Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $34,683
  • Gross Income $105,252
  • Net Operating Income $70,569

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Signal Hill (SH)
  • Zoning: SHCG*
  • Property Type: Residential Income
  • Parcel Number: 7216026010
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 540.68

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 5406.00
  • Lot Size Acres: 0.1241

Multi Family

  • Gross Income: 105252.00
  • Gross Scheduled Income: 107940.00
  • Lot Size Area: 5406.0000 Square Feet
  • Net Operating Income: 70569.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 34683.00
  • Rent Control: No
  • Total Expenses: 34683.00

Tax Info

  • Tax Census Tract: 5734.02
  • Tax Lot: 12
  • Tax Tract Number: 2350
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2022 06/01/22 Sold $1,595,000 0.0% $541 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $1,595,000 +100.6% $541 / Sq Ft
11/21/2018 11/21/18 Sold $795,000 0.0% $269 / Sq Ft View Prior Sale
10/22/2018 10/22/18 Pending -- -- --
09/17/2018 09/17/18 For Sale $795,000 -- $269 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $22,514 $1,692,626 $1,061,208 $631,418
2024 $22,514 $1,659,438 $1,040,400 $619,038
2023 $22,147 $1,626,900 $1,020,000 $606,900
2022 $14,155 $1,033,307 $788,383 $244,924
2021 $13,882 $1,013,047 $772,925 $240,122
2020 $13,856 $1,002,660 $765,000 $237,660
2019 $13,712 $983,000 $750,000 $233,000
2018 $4,062 $192,004 $24,340 $167,664
2016 $3,785 $184,550 $23,396 $161,154
2015 $3,696 $181,779 $23,045 $158,734
2014 $3,714 $178,219 $22,594 $155,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22047400

California Regional Multiple Listing Service (CRMLS)
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