$999,000
$101K PRICE DROP

Estimated payment $6,195/month

Total Views 6,387
4 Beds
3 Baths
1,818 Sq Ft
$550 Price per Sq Ft

Highlights

  • Shotgun Architecture
  • No HOA
  • Fenced
  • Alvarado Elementary Rated 9+
  • Rectangular Lot
  • 2-minute walk to Raymond Arbor Park

About This Home

This property is located close to all amenities. There was some remodelling done in the past year or so. Quiet neighborhood. Great Investment Property.

Listing Agent

Arun Arya

Shivam Realtors Brokerage Phone: 714-875-8141 License #01784175

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,548

Year Built

  • Built in 1961

Lot Details

  • 5,402 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Fence is in average condition
  • Rectangular Lot

Home Design

  • Triplex
  • Shotgun Architecture
  • Stucco

Interior Spaces

  • 1,818 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Location

  • Suburban Location

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 2350
  • Assessor Parcel Number 7216026003
  • $981 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Signal Hill Subdivision

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Gardener Expense $300
  • Insurance Expense $2,902
  • Maintenance Expense $110
  • Professional Management Expense $2,450
  • Water Sewer Expense $2,375
  • New Taxes Expense $10,000
  • Operating Expense $20,512
  • Gross Income $35,880
  • Net Operating Income $24,038

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,548

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 333000
  • Professional Management Expense: 2450.00
  • Property Attached: Yes
  • Subdivision Name Other: Signal Hill (SH)
  • View: No
  • Water Sewer Expenses: 2375.00
  • Zoning: SHR3*
  • Architectural Style: Shotgun
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 300.00
  • Parcel Number: 7216026003
  • Year Built: 1961
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Ground
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 549.50

Exterior Features

  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 5402.00
  • Lot Size Acres: 0.1240

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 35880.00
  • Gross Operating Income: 40890.00
  • Gross Scheduled Income: 40890.00
  • Insurance Expense: 2902.00
  • Lot Size Area: 5402.0000 Square Feet
  • Maintenance Expense: 110.00
  • Net Operating Income: 24038.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Operating Expense: 16852.00
  • Rent Control: No
  • Total Actual Rent: 2990.00
  • Total Expenses: 20512.00

Tax Info

  • New Taxes Expense: 10000.00
  • Tax Census Tract: 5734.02
  • Tax Lot: 5
  • Tax Tract Number: 2350
  • TaxOtherAnnualAssessmentAmount: 981.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $7,548 $522,893 $360,030 $162,863
2023 $7,423 $512,641 $352,971 $159,670
2022 $6,997 $502,590 $346,050 $156,540
2021 $6,857 $492,736 $339,265 $153,471
2020 $6,837 $487,685 $335,787 $151,898
2019 $6,766 $478,123 $329,203 $148,920
2018 $6,548 $468,749 $322,749 $146,000
2016 $6,840 $517,777 $329,956 $187,821
2015 $4,991 $367,769 $278,972 $88,797
2014 $4,976 $360,566 $273,508 $87,058
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2025 03/20/25 Price Changed $999,000 -9.2% $550 / Sq Ft
03/06/2025 03/06/25 For Sale $1,100,000 -- $605 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Lawyers Title
Grant Deed $659,000 Lawyers Title
Grant Deed -- --
Interfamily Deed Transfer -- Natc
Grant Deed $315,000 Southland Title Corporation
Grant Deed -- Southland Title Corporation
Grant Deed -- --
Grant Deed -- --
Interfamily Deed Transfer -- Fidelity Title
Grant Deed $239,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $154,000 Fannie Mae Freddie Mac
Previous Owner $410,800 Purchase Money Mortgage
Previous Owner $309,575 FHA
Previous Owner $237,046 FHA
Closed $50,000 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25047871

California Regional Multiple Listing Service (CRMLS)

APN: 7216-026-003