NOT LISTED FOR SALE

18819 Alburtis Ave Artesia, CA 90701

Estimated Value: $1,211,000 - $1,326,000

6 Beds
3 Baths
2,700 Sq Ft
$471/Sq Ft Est. Value

Last Sold December 07, 2023

Last sale price $1,160,000 $430 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $7,833/month

14 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 3 Car Garage
  • Bragg Elementary School Rated A
  • Laundry Room
  • Carpet

About This Home

As of December 2023

Great opportunity to live in one and rent the others This triplex is fully rented with long term tenants. Each unit is 2-bedrooms 1 bath with wall A/C Each unit has a one car attached garage. There are washer hook ups in the kitchen and dryer hook ups in the garage. This property is a total of 6 bedrooms and 3 bathrooms, Buyer to verify square footage and all features of the property.

Last Agent to Sell the Property

Laura Ortega

Laura Ortega, Broker License #01927073 Listed on: 10/24/2023

Last Buyer's Agent

Chris Alvarado

Home Smart Realty Group License #01931352

Home Smart Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,901 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Front Facing Garage

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 2,700 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Legal Lot and Block 6 / 19
  • Tax Tract Number 1
  • Assessor Parcel Number 7039017006
  • $1,065 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,740
  • Insurance Expense $2,060
  • Maintenance Expense $4,636
  • Water Sewer Expense $1,380
  • Operating Expense $9,816
  • Gross Income $60,300
  • Net Operating Income $50,320

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 1380.00
  • Zoning: ATM1*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1740.00
  • Parcel Number: 7039017006
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Vinyl
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 429.63

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7901.00
  • Lot Size Acres: 0.1814

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 60300.00
  • Gross Scheduled Income: 60300.00
  • Insurance Expense: 2060.00
  • Lot Size Area: 7901.0000 Square Feet
  • Maintenance Expense: 4636.00
  • Net Operating Income: 50320.00
  • 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: 9980.00
  • Rent Control: Yes
  • Total Expenses: 9816.00

Tax Info

  • Tax Block: 19
  • Tax Census Tract: 5549.00
  • Tax Lot: 6
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 1065.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2024
Sold by
Koka Venkatesh R
Bought by
Maya 5 Llc
Current Estimated Value
$1,271,482

Purchase Details

Listed on
Oct 24, 2023
Closed on
Dec 4, 2023
Sold by
Caroline M Peterson Living Trust
Bought by
Maya 5 Llc
Seller's Agent
Laura Ortega
Laura Ortega, Broker
Buyer's Agent
Chris Alvarado
Home Smart Realty Group
List Price
$1,200,000
Sold Price
$1,160,000
Premium/Discount to List
-$40,000
-3.33%
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%

Purchase Details

Closed on
Oct 21, 2019
Sold by
Peterson Caroline M and 1992 Rocha Family Trust
Bought by
Peterson Caroline M and Caroline M Peterson Living Tru

Purchase Details

Closed on
Oct 15, 2008
Sold by
Rocha Henry Ariza and 1992 Rocha Family Trust
Bought by
Rocha Henry Ariza and 1992 Rocha Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Maya 5 Llc -- Accommodation/Courtesy Recordi
Maya 5 Llc $1,160,000 Fidelity National Title
Peterson Caroline M -- None Available
Rocha Henry Ariza -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2023 12/07/23 Sold $1,160,000 -3.3% $430 / Sq Ft
10/24/2023 10/24/23 For Sale $1,200,000 -- $444 / 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 $14,295 $1,183,200 $765,000 $418,200
2024 $14,295 $1,160,000 $750,000 $410,000
2023 $2,323 $110,743 $38,380 $72,363
2022 $2,288 $108,573 $37,628 $70,945
2021 $2,230 $106,445 $36,891 $69,554
2020 $2,215 $105,354 $36,513 $68,841
2019 $2,188 $103,290 $35,798 $67,492
2018 $1,933 $101,266 $35,097 $66,169
2016 $1,830 $97,335 $33,735 $63,600
2015 $2,148 $95,874 $33,229 $62,645
2014 $2,616 $93,997 $32,579 $61,418
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23198511

California Regional Multiple Listing Service (CRMLS)

APN: 7039-017-006