NOT LISTED FOR SALE

18544 Vidora Dr Rowland Heights, CA 91748

Estimated Value: $1,433,304 - $1,478,000

2 Beds
1 Bath
3,500 Sq Ft
$415/Sq Ft Est. Value

Last Sold January 20, 2022

Last sale price $1,212,000 $346 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $9,301/month

13 Days on Market

About This Home

As of January 2022

A great opportunity to own a 4-unit income property in the heart of Rowland Heights! This property is situated in a great location. Walkable to many stores and restaurants. Elementary school and Middle school closed by. 60 Fwy is just roughly a mile from the premises. All units are 2 bedrooms and 1 bath.

Last Agent to Sell the Property

Mary Price

Kingston Realty License #01522190 Listed on: 12/06/2021

Last Buyer's Agent

Mary Price

Kingston Realty License #01522190 Listed on: 12/06/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,575

Year Built

  • Built in 1964

Lot Details

  • 8,187 Sq Ft Lot
  • No Common Walls

Home Design

  • 3,500 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces
  • Parking Available

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 34
  • Tax Tract Number 25612
  • Assessor Parcel Number 8253010013
  • $1,285 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Gardener Expense $1,080
  • Insurance Expense $1,609
  • Maintenance Expense $3,000
  • Trash Expense $1,160
  • Water Sewer Expense $1,910
  • Operating Expense $8,759
  • Gross Income $62,400
  • Net Operating Income $47,982

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,575

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Price Per Unit: 312000
  • Property Attached: No
  • Water Sewer Expenses: 1910.00
  • Zoning: LCR3YY
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 8253010013
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 346.29

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 6.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1160.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8187.00
  • Lot Size Acres: 0.1879

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 62400.00
  • Gross Scheduled Income: 62400.00
  • Insurance Expense: 1609.00
  • Lot Size Area: 8187.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Net Operating Income: 47982.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 14418.00
  • Rent Control: Yes
  • Total Actual Rent: 5200.00
  • Total Expenses: 8759.00

Tax Info

  • Tax Census Tract: 4087.24
  • Tax Lot: 34
  • Tax Tract Number: 25612
  • TaxOtherAnnualAssessmentAmount: 1285.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2021
Closed on
Jan 11, 2022
Sold by
Chaio Lee and Chaio Cheun
Bought by
Brighter La Llc
Seller's Agent
Mary Price
Kingston Realty
Buyer's Agent
Mary Price
Kingston Realty
List Price
$1,248,000
Sold Price
$1,212,000
Premium/Discount to List
-$36,000
-2.88%
Current Estimated Value
$1,453,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,528
Avg. Annual Appreciation
6.37%

Purchase Details

Closed on
Dec 12, 2003
Sold by
Lee Cheng and Lee Cheun Chaio
Bought by
Lee Cheng and Lee Cheun Chaio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 1996
Sold by
Tieu Nam Toan and Yang Ya Hui
Bought by
Tieu Nam Toan and Yang Ya Hui
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
Brighter La Llc $1,212,000 Lawyers Title
Lee Cheng -- Fidelity National Title Ins
Tieu Nam Toan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Cheng $103,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2022 01/20/22 Sold $1,212,000 -2.9% $346 / Sq Ft
12/19/2021 12/19/21 Pending -- -- --
12/06/2021 12/06/21 For Sale $1,248,000 -- $357 / 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 $16,575 $1,286,182 $702,518 $583,664
2024 $16,575 $1,260,964 $688,744 $572,220
2023 $15,685 $1,236,240 $675,240 $561,000
2022 $4,697 $290,462 $51,267 $239,195
2021 $4,599 $284,767 $50,262 $234,505
2020 $4,546 $281,848 $49,747 $232,101
2019 $4,473 $276,322 $48,772 $227,550
2018 $4,248 $270,905 $47,816 $223,089
2016 $4,063 $260,387 $45,960 $214,427
2015 $4,007 $256,477 $45,270 $211,207
2014 $4,020 $251,454 $44,384 $207,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR21260093

California Regional Multiple Listing Service (CRMLS)

APN: 8253-010-013