NOT LISTED FOR SALE

Estimated Value: $808,000 - $865,000

4 Beds
2 Baths
1,900 Sq Ft
$443/Sq Ft Est. Value

Sale Details

Date Sold: January 30, 2025

Last sale price $845,000 $445 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,233 / mo

95 Days on Market

Highlights

  • No Units Above
  • Front Yard
  • 1-Story Property
  • Corner Lot

About This Home

As of January 2025

This is an amazing investment opportunity. This unit provides flexibility for an owner that may want to live in one unit and rent out the other unit, or simply rent both units for a steady stream of income. This Duplex sits on a corner lot with each unit having its own driveway and garage space. The corner lot provides extra parking for tenants and guests. Both units are currently occupied so you could purchase and already have income immediately from the tenants. This duplex is conveniently located to shopping centers and restaurants. The tenants pay their own utilities with the exception of the water and trash. They are both occupied by long term tenants who have provided steady income for the buyer. Do not miss out on this great investment opportunity. Buyer to verify square footage. The square footage provided is an estimate.

Last Agent to Sell the Property

Edward Allebest

Edward Allebest, Broker Brokerage Email: edward@allebest.com License #00704624 Listed on: 10/17/2024

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 5,950 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Corner Lot
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,900 Sq Ft Home
  • 1-Story Property
  • Laundry Located Outside

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 2 / A
  • Tax Tract Number 258
  • Assessor Parcel Number 00716106
  • $498 per year additional tax assessments

Community Details

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $900
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • New Taxes Expense $1,200
  • Operating Expense $4,500
  • Gross Income $44,400
  • Net Operating Income $43,500

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

5,950 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 00716106
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 444.74

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard
  • Lot Size Sq Ft: 5950.00
  • Lot Size Acres: 0.1366

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 44400.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 900.00
  • Lot Size Area: 5950.0000 Square Feet
  • Net Operating Income: 43500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Range: 2
  • Operating Expense: 4500.00
  • Rent Control: Yes
  • Total Expenses: 4500.00

Tax Info

  • New Taxes Expense: 1200.00
  • Tax Block: A
  • Tax Census Tract: 748.02
  • Tax Lot: 2
  • Tax Tract Number: 258
  • TaxOtherAnnualAssessmentAmount: 498.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2024
Closed on
Jan 31, 2025
Sold by
Wynne Carl K
Bought by
Seller's Agent
Edward Allebest
Edward Allebest, Broker
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$895,000
Sold Price
$845,000
Premium/Discount to List
-$50,000
-5.59%
Views
62
Current Estimated Value
$840,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,966
Avg. Annual Appreciation
-0.18%

Purchase Details

Listed on
Oct 17, 2024
Closed on
Jan 30, 2025
Sold by
Julia Barnes Family Trust and Wynne Mary Lynette
Bought by
Wynne Mary Lynette
Seller's Agent
Edward Allebest
Edward Allebest, Broker
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$895,000
Sold Price
$845,000
Premium/Discount to List
-$50,000
-5.59%
Views
62

Purchase Details

Closed on
Jul 7, 2009
Sold by
Barnes Julia M
Bought by
Barnes Julia and Barnes Leonard

Purchase Details

Closed on
Feb 22, 1994
Sold by
Barnes L C and Barnes Julia Mae
Bought by
Barnes L C and Barnes Julia M
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Chicago Title
Le Harvey Hiep $840,000 Chicago Title
Wynne Mary Lynette -- Chicago Title
Barnes Julia -- None Available
Barnes L C -- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/30/2025 01/30/25 Sold $845,000 -5.6% $445 / Sq Ft
10/17/2024 10/17/24 For Sale $895,000 -- $471 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,443 $856,800 $740,388 $116,412
2025 $1,280 $615,107 $484,266 $130,841
2024 $1,280 $66,660 $14,373 $52,287
2023 $1,244 $65,353 $14,091 $51,262
2022 $1,222 $64,072 $13,815 $50,257
2021 $1,198 $62,816 $13,544 $49,272
2020 $1,195 $62,172 $13,405 $48,767
2019 $1,180 $60,953 $13,142 $47,811
2018 $1,146 $59,758 $12,884 $46,874
2017 $1,135 $58,587 $12,632 $45,955
2016 $1,116 $57,439 $12,385 $45,054
2015 $1,100 $56,577 $12,199 $44,378
2014 $1,080 $55,469 $11,960 $43,509
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24215828

California Regional Multiple Listing Service (CRMLS)

APN: 007-161-06

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