NOT LISTED FOR SALE

Estimated Value: $1,318,000 - $1,813,000

5 Beds
3 Baths
2,360 Sq Ft
$643/Sq Ft Est. Value

Last Sold September 07, 2018

Last sale price $650,000 $275 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $9,174/month

50 Days on Market

Highlights

  • 15,244 Sq Ft lot
  • Sutherland Elementary School Rated A
  • Laundry Room

About This Home

As of September 2018

Opportunity knocks with this bread and butter triplex! This property needs a major update throughout. Property was appraised on 12/4/17 for 646k. This is a trust sale, and seller wants it sold as soon as possible. A complimentary copy of the appraisal and a professional home inspection will be provided to any interested parties. All information is deemed reliable, but buyers are to satisfy themselves as to every aspect of the property. Please contact us, or your agent, for further information. There is a classic car parked in the garage. The vehicle's original owner passed away many years ago, and it has been sitting in the garage for over 20 years. It is an AMC Ambassador. Current owner will not do anything with it. Inputted into MLS on 12/15/17

Last Agent to Sell the Property

Stuart Santana

RE/MAX 2000 REALTY License #01505452 Listed on: 11/09/2017

RE/MAX 2000 REALTY

Last Buyer's Agent

Daniel Hong

GRACE & GLORY REAL ESTATE GROUP License #01790683

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 0.35 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 2,360 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Suburban Location

Listing and Financial Details

  • Tax Lot 38
  • Tax Tract Number 21103
  • Assessor Parcel Number 8660043013

Community Details

Overview

  • 3 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,200
  • Trash Expense $1,200
  • Water Sewer Expense $1,500
  • New Taxes Expense $750
  • Operating Expense $5,850
  • Gross Income $1,500
  • Net Operating Income $13,260

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 1500.00
  • Zoning: GDE4
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 8660043013
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 275.42

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 15244.00

Multi Family

  • Gross Income: 1500.00
  • Gross Scheduled Income: 18000.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 13260.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 4740.00
  • Rent Control: No
  • Total Expenses: 5850.00

Tax Info

  • New Taxes Expense: 750.00
  • Tax Census Tract: 4004.02
  • Tax Lot: 38
  • Tax Tract Number: 21103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2020
Sold by
Hong Daniel and Hong Sun Carrie
Bought by
Gg Manor Properties Llc
Current Estimated Value
$1,517,000

Purchase Details

Closed on
Feb 4, 2020
Sold by
Gg Manor Properties Llc
Bought by
Hong Daniel and Hong Sun Carrie

Purchase Details

Listed on
Nov 9, 2017
Closed on
Sep 4, 2018
Sold by
Wood Wanda and The Marjorie A Price 2017 Trus
Bought by
Gg Manor Properties Llc
Seller's Agent
Stuart Santana
RE/MAX 2000 REALTY
Buyer's Agent
Daniel Hong
GRACE & GLORY REAL ESTATE GROUP
List Price
$600,000
Sold Price
$650,000
Premium/Discount to List
$50,000
8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.15%

Purchase Details

Closed on
May 25, 2017
Sold by
Price Marjorie W and Price Marjorie A
Bought by
Price Marjorie A and Marjorie A Price 2017 Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gg Manor Properties Llc -- None Available
Hong Daniel -- None Available
Gg Manor Properties Llc $650,000 Orange Coast Title Company
Price Marjorie A -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2018 09/07/18 Sold $650,000 +8.3% $275 / Sq Ft
12/29/2017 12/29/17 For Sale $600,000 -7.7% $254 / Sq Ft
12/28/2017 12/28/17 Off Market $650,000 -- --
12/28/2017 12/28/17 For Sale $600,000 -7.7% $254 / Sq Ft
12/24/2017 12/24/17 Off Market $650,000 -- --
11/09/2017 11/09/17 For Sale $600,000 -- $254 / 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 $15,555 $1,304,661 $1,040,400 $264,261
2024 $15,555 $1,279,080 $1,020,000 $259,080
2023 $15,205 $1,254,000 $1,000,000 $254,000
2022 $9,554 $749,014 $367,911 $381,103
2021 $9,387 $734,329 $360,698 $373,631
2020 $9,002 $663,000 $357,000 $306,000
2019 $8,187 $650,000 $350,000 $300,000
2018 $9,442 $780,000 $480,000 $300,000
2016 $1,438 $53,585 $18,611 $34,974
2015 $1,424 $52,781 $18,332 $34,449
2014 $1,448 $51,748 $17,973 $33,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17275726

California Regional Multiple Listing Service (CRMLS)

APN: 8660-043-013