NOT LISTED FOR SALE

Estimated Value: $1,091,398 - $1,566,000

-- Bed
-- Bath
2,120 Sq Ft
$623/Sq Ft Est. Value

Last Sold August 26, 2020

Last sale price $1,000,000 $472 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $8,029/month

109 Days on Market

About This Home

As of August 2020

Charming triplex with excellent curb appeal, zoned LARD1.5. On the same block you see many finished 3 story developments, along with one that is in process at this time. Two lots next door sold for $1,750,000 each a few years ago. This is a large level lot, waiting for a developer to convert and cash out. Alternatively all 3 units have the same spacious floor plans with large eat-in kitchens adjacent to big living rooms, and there are big upsides in rents. The property shows pride of ownership and units are well maintained.

Last Agent to Sell the Property

Ullon Willis

Choice Realty License #01163141 Listed on: 04/24/2020

Last Buyer's Agent

Shawn Esrawi

Millennium R.E. Development License #01221935

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,330

Year Built

  • Built in 1942

Lot Details

  • 8,578

Parking

  • 5 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Triplex

Interior Spaces

  • Bathtub with Shower
  • 2,120 Sq Ft Home
  • 1-Story Property

Additional Features

  • 8,578 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5067-019-028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,330

Year Built

Built in 1942

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Charming triplex with excellent curb appeal, zoned LARD1.5. On the same block you see many finished 3 story developments, along with one that is in process at this time. Two lots next door sold for $1,750,000 each a few years ago. This is a large level lot, waiting for a developer to convert and cash out. Alternatively all 3 units have the same spacious floor plans with large eat-in kitchens adjacent to big living rooms, and there are big upsides in rents. The property shows pride of ownership and units are well maintained.
  • Alley: No
  • Living Area: 2120
  • Year Built: 1942
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Number Carpet: 3
  • Number Dishwasher: 0
  • Number Disposal: 3
  • Bathroom Features: Shower Over Tub
  • Price Per S Q F T: 542.90

Exterior Features

  • Other Structures: None
  • Paved: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 5
  • Covered Parking: 3
  • Number Rented Garages: 0
  • Parking Garage: Garage - 3 Car
  • Total Parking: 8

Utilities

  • Heating: Wall Gas
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Water Meters: 3
  • Water Expense: 3600.00

Fee Information

  • Insurance Expense: 930.00
  • Maintenance Expense: 4000.00

Lot Info

  • Assessed Improvement Value: 25534
  • Assessed Land Value: 31658
  • Assessor Parcel Number: 5067-019-028
  • Geocode Override: No
  • Lot Size Area: 8578

Rental Info

  • Total Actual Rent: 38280.00
  • Garage Rental Rate: 0
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 31.00
  • Number Of Units: 3
  • Number Wall A C: 3
  • Rent Control: 100
  • Type Of Units: Triplex

Tax Info

  • Tax Expense: 1278.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2020
Closed on
Aug 24, 2020
Sold by
Smith Deborah S Hodge and Vashti L Hodge Trust
Bought by
Lucia 2020 Llc
Seller's Agent
Ullon Willis
Choice Realty
Buyer's Agent
Shawn Esrawi
Millennium R.E. Development
List Price
$1,199,950
Sold Price
$1,000,000
Premium/Discount to List
-$199,950
-16.66%
Current Estimated Value
$1,321,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,600
Avg. Annual Appreciation
5.54%

Purchase Details

Closed on
Dec 11, 1998
Sold by
Hodge Vashti
Bought by
Hodge Vashti L
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
Lucia 2020 Llc $1,000,000 First American Title Company
Hodge Vashti L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2020 08/26/20 Sold $1,000,000 -13.1% $472 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
07/29/2020 07/29/20 Price Changed $1,150,950 -4.1% $543 / Sq Ft
07/01/2020 07/01/20 For Sale $1,199,950 0.0% $566 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
04/24/2020 04/24/20 For Sale $1,199,950 -- $566 / 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 $13,330 $1,082,430 $757,701 $324,729
2024 $13,330 $1,061,207 $742,845 $318,362
2023 $13,081 $1,040,400 $728,280 $312,120
2022 $12,489 $1,020,000 $714,000 $306,000
2021 $12,334 $1,000,000 $700,000 $300,000
2020 $1,308 $60,689 $33,594 $27,095
2019 $1,278 $59,500 $32,936 $26,564
2018 $1,105 $58,335 $32,291 $26,044
2016 $1,044 $56,072 $31,038 $25,034
2015 $1,034 $55,230 $30,572 $24,658
2014 $1,062 $54,149 $29,974 $24,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-573488

The MLS

APN: 5067-019-028