NOT LISTED FOR SALE

Estimated Value: $1,027,000 - $1,371,189

9 Beds
5 Baths
3,432 Sq Ft
$359/Sq Ft Est. Value

Last Sold July 18, 2023

Last sale price $1,240,000 $361 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,913/month

44 Days on Market

About This Home

As of July 2023

Great Value add Investment, Dont miss this well maintained 4plex on large lot with 4 garages. Perfect for additional ADU income see proforma. Do not disturb- Drive by only. Pictures are from prior to move in, currently fully occupied with stable tenancy. Individually metered, currently owner only pays for water, sewer, trash, common area gardener and monthly pest control.

Last Agent to Sell the Property

Becky Hinkle

Lion Heart Realty License #01908059 Listed on: 03/29/2023

Last Buyer's Agent

Becky Hinkle

Lion Heart Realty License #01908059 Listed on: 03/29/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,276

Year Built

  • Built in 1910

Lot Details

  • 6,983 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Parking Lot
  • Off-Street Parking

Home Design

  • Quadruplex

Interior Spaces

  • 3,432 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Additional Features

  • Rain Gutters
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 17 / 7
  • Tax Tract Number 1833
  • Assessor Parcel Number 7431029008
  • $850 per year additional tax assessments

Community Details

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,080
  • Insurance Expense $1,500
  • Other Expense $840
  • Trash Expense $380
  • Water Sewer Expense $1,200
  • Operating Expense $5,000
  • Gross Income $82,314
  • Net Operating Income $77,314

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,276

Year Built

Built in 1910

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 312500
  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: LBR2N
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 7431029008
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 361.31

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Off Street, Parking Space
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 380.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6983.00
  • Lot Size Acres: 0.1603

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 850 Square Feet
  • Average3 Bed Area: 900 Square Feet
  • Gross Income: 82314.00
  • Gross Scheduled Income: 82314.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6983.0000 Square Feet
  • Net Operating Income: 77314.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 5000.00
  • Other Expense: 840.00
  • Other Expense Description: pest con
  • Rent Control: Yes
  • Total Actual Rent: 6859.50
  • Total Expenses: 5000.00

Tax Info

  • Tax Block: 7
  • Tax Census Tract: 5780.00
  • Tax Lot: 17
  • Tax Tract Number: 1833
  • TaxOtherAnnualAssessmentAmount: 850.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
Aug 3, 2023
Sold by
Gomez Frank and Gomez Irene Shizue
Bought by
Gomez Revocable Real Property Trust and Gomez
Seller's Agent
Becky Hinkle
Lion Heart Realty
Buyer's Agent
Becky Hinkle
Lion Heart Realty
List Price
$1,299,999
Sold Price
$1,240,000
Premium/Discount to List
-$59,999
-4.62%
Views
159
Current Estimated Value
$1,230,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,453
Avg. Annual Appreciation
1.03%
Original Mortgage
$930,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 29, 2023
Closed on
Jul 7, 2023
Sold by
Cp Edwards & Associates Inc
Bought by
Gomez Frank and Hiyoshi Irene S
Seller's Agent
Becky Hinkle
Lion Heart Realty
Buyer's Agent
Becky Hinkle
Lion Heart Realty
List Price
$1,299,999
Sold Price
$1,240,000
Premium/Discount to List
-$59,999
-4.62%
Views
159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$930,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2019
Sold by
Edwards April Michelle
Bought by
Edwards Curtis

Purchase Details

Closed on
Mar 4, 2019
Sold by
Edwards Curtis
Bought by
Cp Edwards And Associates Inc

Purchase Details

Closed on
Mar 11, 2015
Sold by
Edwards Curtis
Bought by
Cp Edwards & Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2015
Sold by
Edwards Curtis
Bought by
Edwards Curtis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2012
Closed on
Jun 5, 2012
Sold by
Tavakoli Ahmad and Hosseini Elaheh Mohammad
Bought by
Edwards Curtis Patrick
Seller's Agent
Dadfar Barkhordar
Golden Lantern Realty
Buyer's Agent
Joshua Glaz
The Ave
List Price
$549,900
Sold Price
$530,000
Premium/Discount to List
-$19,900
-3.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.82%
Original Mortgage
$511,450
Interest Rate
3.77%
Mortgage Type
FHA

Purchase Details

Listed on
May 4, 2012
Closed on
May 11, 2012
Sold by
Tavakoli Ahmad
Bought by
Tavakoli Ahmad and Hosseini Elaheh Mohammad
Seller's Agent
Dadfar Barkhordar
Golden Lantern Realty
Buyer's Agent
Joshua Glaz
The Ave
List Price
$549,900
Sold Price
$530,000
Premium/Discount to List
-$19,900
-3.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,450
Interest Rate
3.77%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 8, 2011
Closed on
Jan 26, 2012
Sold by
Hosseini Elaheh Mohammad
Bought by
Tavakoli Ahmad
Seller's Agent
Marie Fimbres
REO Modern Realty Corp
Buyer's Agent
Dadfar Barkhordar
Golden Lantern Realty
List Price
$363,900
Sold Price
$330,000
Premium/Discount to List
-$33,900
-9.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
247.92%

Purchase Details

Listed on
Nov 8, 2011
Closed on
Jan 25, 2012
Sold by
Wells Fargo Bank National Association
Bought by
Tavakoli Ahmad
Seller's Agent
Marie Fimbres
REO Modern Realty Corp
Buyer's Agent
Dadfar Barkhordar
Golden Lantern Realty
List Price
$363,900
Sold Price
$330,000
Premium/Discount to List
-$33,900
-9.32%

Purchase Details

Closed on
Sep 29, 2010
Sold by
Azam Qadeer
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Jun 19, 2007
Sold by
Azam Qadeer and Azam Oadeer
Bought by
Azam Qadeer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,300
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 11, 2005
Sold by
Azam Nazi
Bought by
Azam Oadeer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,400
Interest Rate
5.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 24, 2003
Sold by
Azam Nazie
Bought by
Azam Qadeer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,250
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2003
Sold by
Nichols Bond L and Bond L Nichols Revocable Trust
Bought by
Azam Qadeer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,250
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2003
Sold by
Gonzalez Guadalupe
Bought by
Nichols Bond L and Bond L Nichols Revocable Trust

Purchase Details

Closed on
Sep 27, 2002
Sold by
Gonzalez Maria R
Bought by
Gonzalez Guadalupe
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
Gomez Revocable Real Property Trust -- None Listed On Document
Gomez Frank $1,240,000 Ticor Title
Edwards Curtis -- Title365 Company
Cp Edwards And Associates Inc -- None Available
Edwards Curtis -- Title365
Cp Edwards & Associates Llc -- Accommodation
Edwards Curtis -- Title 365
Edwards Curtis Patrick $530,000 First American Title
Tavakoli Ahmad -- None Available
Tavakoli Ahmad -- Landsafe Title Simi Valley
Tavakoli Ahmad $330,000 Landsafe Title Simi Valley
Wells Fargo Bank National Association $339,750 Landsafe
Azam Qadeer -- Accommodation
Azam Oadeer -- Old Republic Title Company
Azam Qadeer -- Chicago Title
Azam Qadeer $445,000 Chicago Title
Nichols Bond L $250,000 --
Gonzalez Guadalupe -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gomez Frank $930,000
Previous Owner Edwards Curtis $500,000
Previous Owner Edwards Curtis Patrick $511,450
Previous Owner Azam Oadeer $245,300
Previous Owner Azam Qadeer $101,200
Previous Owner Azam Qadeer $590,400
Previous Owner Azam Qadeer $378,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2023 07/18/23 Sold $1,240,000 -0.8% $361 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
05/10/2023 05/10/23 Price Changed $1,250,000 -3.8% $364 / Sq Ft
03/29/2023 03/29/23 For Sale $1,299,999 +145.3% $379 / Sq Ft
06/26/2012 06/26/12 Sold $530,000 -3.6% $154 / Sq Ft
05/24/2012 05/24/12 Pending -- -- --
05/04/2012 05/04/12 For Sale $549,900 +66.6% $160 / Sq Ft
02/09/2012 02/09/12 Sold $330,000 -9.3% $96 / Sq Ft
01/11/2012 01/11/12 Pending -- -- --
11/08/2011 11/08/11 For Sale $363,900 -- $106 / 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 $16,276 $1,264,800 $754,800 $510,000
2024 $16,276 $1,240,000 $740,000 $500,000
2023 $8,837 $639,847 $350,105 $289,742
2022 $8,309 $627,302 $343,241 $284,061
2021 $8,128 $615,003 $336,511 $278,492
2020 $8,106 $608,698 $333,061 $275,637
2019 $8,012 $596,764 $326,531 $270,233
2018 $7,756 $585,064 $320,129 $264,935
2016 $8,844 $710,675 $406,100 $304,575
2015 $6,772 $553,902 $303,078 $250,824
2014 $6,740 $543,053 $297,142 $245,911
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23051723

California Regional Multiple Listing Service (CRMLS)

APN: 7431-029-008