NOT LISTED FOR SALE

Estimated Value: $983,000 - $1,312,770

6 Beds
3 Baths
3,554 Sq Ft
$309/Sq Ft Est. Value

Last Sold November 27, 2018

Last sale price $675,000 $190 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $6,866/month

15 Days on Market

About This Home

As of November 2018

Great opportunity to live in one unit and collect rent on the other unit. Front spacious duplex is a two story unit. Back unit is a single story with 1 car garage attached.

Last Agent to Sell the Property

David Dumalski

White Realty Associates License #00657189 Listed on: 10/03/2018

Last Buyer's Agent

Kevin Fitzpatrick

Coldwell Banker Realty License #01209671

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,845

Year Built

  • Built in 1920

Lot Details

  • 8,150 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 1 Car Garage

Home Design

  • 3,554 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 18
  • Tax Tract Number 5501
  • Assessor Parcel Number 7209026022

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,085
  • Maintenance Expense $4,400
  • Pest Control $200
  • Professional Management Expense $2,640
  • Trash Expense $765
  • Water Sewer Expense $1,030
  • New Taxes Expense $7,488
  • Operating Expense $18,808
  • Gross Income $44,400
  • Net Operating Income $25,592

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,845

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Other Phone Description: (562)631-1422
  • Other Phone Number: 562 421-9341
  • Professional Management Expense: 2640.00
  • Property Attached: No
  • Subdivision Name Other: Wrigley Area (WR)
  • Water Sewer Expenses: 1030.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7209026022
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 189.93

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Pest Control Expense: 200.00
  • Sewer: Public Sewer
  • Trash Expense: 765.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 8150.00
  • Lot Size Acres: 0.1871

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 44400.00
  • Gross Operating Income: 42668.00
  • Gross Scheduled Income: 44400.00
  • Insurance Expense: 1085.00
  • Lot Size Area: 8150.0000 Square Feet
  • Maintenance Expense: 4400.00
  • Maintenance Percent: 10.00
  • Net Operating Income: 25592.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 18808.00
  • Rent Control: No
  • Total Expenses: 18808.00
  • Vacancy Allowance: 1332
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 7488.00
  • Tax Census Tract: 5730.04
  • Tax Lot: 18
  • Tax Tract Number: 5501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2018
Closed on
Oct 23, 2018
Sold by
Menke Bruce R and Menke Carolyn Kasisichke
Bought by
Muschen Markus and The Markus Muschen Living Trus
Seller's Agent
David Dumalski
White Realty Associates
Buyer's Agent
Kevin Fitzpatrick
Coldwell Banker Realty
List Price
$599,900
Sold Price
$675,000
Premium/Discount to List
$75,100
12.52%
Current Estimated Value
$1,104,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,282
Avg. Annual Appreciation
7.51%
Original Mortgage
$472,500
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Kasischke Carolyn

Purchase Details

Closed on
Apr 1, 2008
Sold by
Rodriguez Alfredo
Bought by
Deutsche Bank National Trust Co and Securitized Asset Backed Receivables Llc

Purchase Details

Closed on
Oct 19, 2006
Sold by
Guevara Juan
Bought by
Rodriguez Alfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
8.99%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 14, 2004
Sold by
Mystic Marketing Associates Llc
Bought by
Rodriguez Alfredo and Guevara Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,405
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2003
Sold by
Corvacho Melanio and Corvacho Laurie Ann
Bought by
Mystic Marketing 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
$110,000
Interest Rate
5.71%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 24, 2002
Sold by
Chu Ben
Bought by
Corvacho Melanio and Corvacho Laurie Ann

Purchase Details

Closed on
Apr 22, 2002
Sold by
Lobin Richard Michael
Bought by
Chu Ben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2002
Sold by
Chao Mei Hung
Bought by
Lobin Richard Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2002
Sold by
Mcconnell Clifton Andrew and Mcconnell Brent
Bought by
Lobin Richard Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
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
Muschen Markus $675,000 Provident Title Company
Kasischke Carolyn $242,000 Fidelity National Title Co
Deutsche Bank National Trust Co $544,919 Lsi Title Company Ca
Rodriguez Alfredo -- New Century Title Co
Rodriguez Alfredo $550,000 Fidelity Van Nuys
Mystic Marketing Associates Llc -- --
Corvacho Melanio -- American Title
Chu Ben -- --
Lobin Richard Michael -- --
Lobin Richard Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muschen Markus $513,000
Closed Muschen Markus $520,000
Closed Muschen Markus $472,500
Previous Owner Rodriguez Alfredo $595,000
Previous Owner Rodriguez Alfredo $500,000
Previous Owner Rodriguez Alfredo $522,405
Previous Owner Corvacho Melanio $110,000
Previous Owner Mystic Marketing Associates Llc $110,000
Previous Owner Lobin Richard Michael $100,000
Previous Owner Lobin Richard Michael $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2018 11/27/18 Sold $675,000 +12.5% $190 / Sq Ft
10/18/2018 10/18/18 For Sale $599,900 -11.1% $169 / Sq Ft
10/15/2018 10/15/18 Off Market $675,000 -- --
10/03/2018 10/03/18 For Sale $599,900 -- $169 / 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 $9,845 $752,970 $390,429 $362,541
2024 $9,845 $738,207 $382,774 $355,433
2023 $9,684 $723,733 $375,269 $348,464
2022 $9,101 $709,543 $367,911 $341,632
2021 $8,912 $695,632 $360,698 $334,934
2020 $8,887 $688,500 $357,000 $331,500
2019 $8,786 $675,000 $350,000 $325,000
2018 $5,025 $384,793 $226,350 $158,443
2017 $4,972 $377,249 $221,912 $155,337
2016 $4,599 $369,853 $217,561 $152,292
2015 $4,420 $364,299 $214,294 $150,005
2014 $4,396 $357,164 $210,097 $147,067
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18243266

California Regional Multiple Listing Service (CRMLS)

APN: 7209-026-022