NOT LISTED FOR SALE

Estimated Value: $830,187 - $1,014,000

9 Beds
5 Baths
4,285 Sq Ft
$216/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $360,000 $84 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $5,613/month

22 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Central Heating
  • Parking Storage or Cabinetry
  • 4 Detached Carport Spaces

About This Home

As of February 2014

Great Investment Opportunity. Fully renovated with granite counter kitchen. Updated bathrooms and new flooring throughout. Spacious units on a huge lot. Four unit building (1) 3 bed +1 bath and (3) 2 bed +1 bath. Close to shopping, banks and freeways.

Last Agent to Sell the Property

Dominic Nguyen

Olympic Real Estate License #01496990 Listed on: 10/19/2013

Last Buyer's Agent

Wonnie Kim

Won Suk Kim Real Estate, Inc. License #01873341

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,550

Year Built

  • Built in 1979

Lot Details

  • 10,000 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Property Attached

Interior Spaces

  • 4,285 Sq Ft Home
  • Tile Flooring

Kitchen

  • Gas Cooktop
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Parking

  • 8 Car Garage
  • 4 Detached Carport Spaces
  • Parking Storage or Cabinetry
  • Parking Available

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 29
  • Tax Tract Number 10353
  • Assessor Parcel Number 1191031310000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $420
  • Insurance Expense $1,100
  • Trash Expense $1,440
  • Water Sewer Expense $3,600
  • Gross Income $3,600
  • Net Operating Income $35,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,550

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Other Phone Description: 714-315-3010
  • Property Attached: Yes
  • Water Sewer Expenses: 3600.00
  • Property Type: Residential Income
  • Parcel Number: 1191031310000
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 84.01

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport, Detached Carport, Built-In Storage
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Appliances: Disposal, Gas Cooktop
  • Heating Type: Central
  • Trash Expense: 1440.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 10000.00
  • Lot Size Acres: 0.2300

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 420.00
  • Gross Income: 3600.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 10000.0000 Square Feet
  • Net Operating Income: 35440.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 7760.00
  • Rent Control: No

Tax Info

  • Tax Lot: 29
  • Tax Tract Number: 10353
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2024
Sold by
Park Hyeon Jeong
Bought by
Hyeon Jeong Park Revocable Living Trust and Park
Current Estimated Value
$945,122

Purchase Details

Listed on
Oct 19, 2013
Closed on
Feb 21, 2014
Sold by
Yoon Jong Won
Bought by
Park Hyeon Jeong
Seller's Agent
Dominic Nguyen
Olympic Real Estate
Buyer's Agent
Wonnie Kim
Won Suk Kim Real Estate, Inc.
List Price
$399,000
Sold Price
$360,000
Premium/Discount to List
-$39,000
-9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.69%

Purchase Details

Closed on
Sep 18, 2013
Sold by
Nguyen Nam and Nguyen Mary
Bought by
Park Hyeon Jeong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,479
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 28, 2012
Closed on
Aug 1, 2012
Sold by
Grant James
Bought by
Nguyen Nam and Nguyen Mary
Seller's Agent
Sungita Garg
The Real Estate Consult. Wstsd
Buyer's Agent
Anoop Garg
The Real Estate Consult. Wstsd
List Price
$198,000
Sold Price
$205,000
Premium/Discount to List
$7,000
3.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.38%

Purchase Details

Closed on
May 5, 2005
Sold by
Marreiros Pedro M and Marreiros Jennifer L
Bought by
Grant James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2004
Sold by
Pinedo Nancy
Bought by
Marreiros Pedro M and Marreiros Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
4.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2002
Sold by
Pinedo Abner
Bought by
Pinedo Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,700
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 29, 2002
Sold by
Maloy Nancy L
Bought by
Pinedo Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,700
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 21, 2000
Sold by
World Project Inc
Bought by
Maloy Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.63%

Purchase Details

Closed on
Jul 14, 1999
Sold by
Hud
Bought by
World Project Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.77%

Purchase Details

Closed on
Jun 18, 1997
Sold by
Bank Of America Nt & Sa
Bought by
Hud

Purchase Details

Closed on
Jun 10, 1997
Sold by
Watanabe Teruo and Watanabe Karen J
Bought by
Bank Of America Nt & Sa

Purchase Details

Closed on
Nov 20, 1996
Sold by
Watanabe Teruo and Watanabe Karen J
Bought by
Boston Harbor Corp
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
Hyeon Jeong Park Revocable Living Trust -- None Listed On Document
Park Hyeon Jeong -- Ticor Title
Park Hyeon Jeong $360,000 Ticor Title
Nguyen Nam $205,000 Advantage Title Co
Grant James $550,000 First American Title Co
Marreiros Pedro M $435,000 First American Title Co
Pinedo Nancy -- Orange Coast Title Co
Pinedo Nancy $235,000 Orange Coast Title Co
Maloy Nancy L $108,000 First American Title Ins Co
Maloy Nancy L -- First American Title Ins Co
World Project Inc $88,500 Lawyers Title Company
Hud -- First American Title Ins Co
Bank Of America Nt & Sa $145,218 Fidelity National Title Ins
Boston Harbor Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Park Hyeon Jeong $150,000
Previous Owner Park Hyeon Jeong $419,210
Previous Owner Park Hyeon Jeong $410,815
Previous Owner Park Hyeon Jeong $345,877
Previous Owner Park Hyeon Jeong $353,479
Previous Owner Grant James $440,000
Previous Owner Marreiros Pedro M $336,000
Previous Owner Pinedo Nancy $11,700
Previous Owner Pinedo Nancy $188,000
Previous Owner Maloy Nancy L $136,500
Previous Owner Maloy Nancy L $130,000
Previous Owner World Project Inc $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $360,000 -9.8% $84 / Sq Ft
08/26/2013 08/26/13 Pending -- -- --
08/04/2013 08/04/13 For Sale $399,000 +94.6% $93 / Sq Ft
08/17/2012 08/17/12 Sold $205,000 +3.5% $48 / Sq Ft
04/06/2012 04/06/12 Pending -- -- --
03/28/2012 03/28/12 For Sale $198,000 -- $46 / 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 $5,550 $441,312 $61,294 $380,018
2024 $5,550 $432,659 $60,092 $372,567
2023 $5,412 $424,176 $58,914 $365,262
2022 $5,424 $415,859 $57,759 $358,100
2021 $5,436 $407,704 $56,626 $351,078
2020 $5,453 $403,523 $56,045 $347,478
2019 $5,289 $395,611 $54,946 $340,665
2018 $5,228 $387,854 $53,869 $333,985
2017 $5,067 $380,249 $52,813 $327,436
2016 $4,915 $372,793 $51,777 $321,016
2015 $4,856 $367,193 $50,999 $316,194
2014 $2,703 $205,931 $20,091 $185,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13155244

California Regional Multiple Listing Service (CRMLS)

APN: 1191-031-31