NOT LISTED FOR SALE

Estimated Value: $905,000 - $1,042,000

8 Beds
4 Baths
3,090 Sq Ft
$321/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $880,000 $285 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,335/month

10 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Modern Architecture
  • Neighborhood Views
  • Wood Flooring
  • No HOA
  • Double Pane Windows

About This Home

As of August 2022

Long-Term Rental Investment Opportunity for "THE DUPLEX," newly built in 2015. Each unit features 4 bedrooms, 2 bathrooms, living room, dining room, kitchen, and a separate laundry room, with one unit upstairs and one unit downstairs. Both units feature wood floors in the bedrooms and tile in the kitchen and bathrooms. The units are completely gated with private access to the alley way to park vehicles behind the home. "THE DUPLEX" is centrally located within walking distance to Chesterfield Square Shopping Center which includes Home Depot, Food 4 Less, Walgreens, Starbucks, and Panda Express to name a few. Slauson Super Mall is also within walking distance from "THE DUPLEX." Nearby freeways are the 110/105/10/405.

Last Agent to Sell the Property

Colette Guyenne

MSC Service Realty License #01499907 Listed on: 07/02/2022

Co-Listed By

Oscar Barrios

MSC Service Realty License #01457885

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,208

Year Built

  • Built in 2015

Lot Details

  • 3,900 Sq Ft Lot
  • 1 Common Wall
  • Masonry wall
  • Wrought Iron Fence
  • Brick Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Modern Architecture
  • Turnkey
  • Shingle Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 3,090 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Window Screens
  • Neighborhood Views
  • Window Bars

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Assigned Parking

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 819
  • Assessor Parcel Number 5005024029
  • $415 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,599
  • Operating Expense $2,799
  • Gross Income $54,000
  • Net Operating Income $43,028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,208

Year Built

Built in 2015

Lot Details

0

Listing Details

  • CapRate: 4.84
  • Price Per Unit: 444000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Window Bars
  • View: Yes
  • Zoning: LACM
  • Architectural Style: Modern
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 5005024029
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 284.79
  • Room Type: All Bedrooms Down, All Bedrooms Up
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Screens

Exterior Features

  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Brick, Masonry, Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Concrete

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3900.00
  • Lot Size Acres: 0.0895

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 54000.00
  • Gross Multiplier: 16.44
  • Gross Scheduled Income: 54000.00
  • Insurance Expense: 1599.00
  • Lot Size Area: 3900.0000 Square Feet
  • Net Operating Income: 43028.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 10972.00
  • Rent Control: No
  • Total Expenses: 2799.00

Tax Info

  • Tax Census Tract: 2325.00
  • Tax Lot: 819
  • TaxOtherAnnualAssessmentAmount: 415.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2022
Closed on
Jul 15, 2022
Sold by
Guyenne and Oscar
Bought by
Choi Seungyeob and Jun Ji Young
Seller's Agent
Colette Guyenne
MSC Service Realty
List Price
$888,000
Sold Price
$880,000
Premium/Discount to List
-$8,000
-0.9%
Views
1
Current Estimated Value
$991,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,291
Avg. Annual Appreciation
3.82%
Original Mortgage
$660,000
Outstanding Balance
$632,759
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$353,424

Purchase Details

Closed on
Sep 25, 2019
Sold by
Guyenne Colette
Bought by
Guyenne Colette and Barrios Oscar

Purchase Details

Closed on
Jul 23, 2015
Sold by
La Palma Investments Inc
Bought by
Guyenne Colette

Purchase Details

Listed on
Oct 23, 2013
Closed on
Nov 12, 2013
Sold by
Filpi Peter V
Bought by
La Palma Investments Inc
Seller's Agent
Martin Hernandez
Berkshire Hathaway Hm Ser
Buyer's Agent
Martin Hernandez
Berkshire Hathaway Hm Ser
List Price
$110,000
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.56%

Purchase Details

Closed on
Feb 21, 2003
Sold by
Filpi Carmen
Bought by
Filpi Peter V

Purchase Details

Closed on
Jan 28, 2000
Sold by
Tusan Willie
Bought by
Filpi Carmen
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
Choi Seungyeob $880,000 Orange Coast Title
Guyenne Colette -- Accommodation
Guyenne Colette $500,000 Stewart Title Of California
La Palma Investments Inc $110,000 Fidelity National Title Co
Filpi Peter V $23,000 --
Filpi Carmen $23,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Seungyeob $660,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $880,000 -0.9% $285 / Sq Ft
07/14/2022 07/14/22 For Sale $888,000 +0.9% $287 / Sq Ft
07/13/2022 07/13/22 Off Market $880,000 -- --
07/02/2022 07/02/22 For Sale $888,000 +707.3% $287 / Sq Ft
12/04/2013 12/04/13 Sold $110,000 0.0% $72 / Sq Ft
11/14/2013 11/14/13 Pending -- -- --
10/23/2013 10/23/13 For Sale $110,000 -- $72 / 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 $11,208 $915,552 $364,140 $551,412
2024 $11,208 $897,600 $357,000 $540,600
2023 $10,998 $880,000 $350,000 $530,000
2022 $6,942 $557,755 $223,101 $334,654
2021 $6,841 $546,820 $218,727 $328,093
2019 $6,472 $530,603 $212,241 $318,362
2018 $6,390 $520,200 $208,080 $312,120
2016 $6,159 $500,000 $200,000 $300,000
2015 $2,416 $112,197 $112,197 $0
2014 $1,551 $110,000 $110,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22131333

California Regional Multiple Listing Service (CRMLS)

APN: 5005-024-029