NOT LISTED FOR SALE
6 Beds
4 Baths
3,519 Sq Ft
6,251 Sq Ft Lot

Sale Details

Date Sold: September 9, 2021

Last sale price $615,000 $175 Per Sq Ft

16 Days on Market

About This Home

As of September 2021

Fantastic investment opportunity. Home with the duplex on the same lot. 3-bedroom 2-bathroom home with the second building on the same lot. 1 bedroom 1 bathroom and 2 bedrooms 1 bathroom. Close to schools, restaurants, transportation, shopping, and easy freeway access. It's a must see!

Last Agent to Sell the Property

Alma Hodzic

eXp Realty of California Inc License #01925759 Listed on: 07/15/2021

eXp Realty of California Inc

Last Buyer's Agent

Rajinder Chahal

1st Choice Mortgage & Real Est License #01402761

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1927

Lot Details

  • 6,251

Home Design

  • Composition Roof

Interior Spaces

  • 3,519 Sq Ft Home
  • 1-Story Property

Additional Features

  • 6,251 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $56,820
  • Month-to-Month Lease Term

Community Details

Overview

  • 3,519 Sq Ft Building

Building Details

  • 3 Leased Units
  • Manager Expense $1,812
  • Operating Expense $1,812
  • Gross Income $56,820

Property Details

Home Type

Multi-Family

Year Built

1927

Lot Details

6,251 Sq Ft Lot

Listing Details

  • Zoning: MFR
  • Subclass: Multiple Dwellings / Structures
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3519
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1927

Interior Features

  • Living Sq Ft: 3519
  • Stories: 1

Exterior Features

  • Roof: Composition

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1435
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6250.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6250.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 10.52
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Management: 1812
  • Expenses Total: 1812
  • Income Annual Gross: 56820.00
  • Income Annual Rental: 56820
  • Income Gross Scheduled: 56820
  • Income Includes: Rents
  • Meters: Master Electric, Master Gas, Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Services - On-Site Manager
  • Tenant Expenses: Maintenance, Utilities - Electric, Utilities - Gas, Utilities - Heating

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
Jul 15, 2021
Closed on
Aug 23, 2021
Sold by
Lanham Sara B and The Sara B Lanham Trust
Bought by
Seller's Agent
Alma Hodzic
eXp Realty of California Inc
Buyer's Agent
Rajinder Chahal
1st Choice Mortgage & Real Est
List Price
$598,000
Sold Price
$615,000
Premium/Discount to List
$17,000
2.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,250
Outstanding Balance
$410,447
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2018
Sold by
Lanham Sara B and Lanham Sara
Bought by
Lanham Sara B and Sara B Lanham Trust

Purchase Details

Closed on
Oct 25, 1993
Sold by
Peterson Glenn
Bought by
Lanham Sara
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
$615,000 Chicago Title Company
Lanham Sara B -- None Available
Lanham Sara -- Financial Title Company
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $461,250
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
09/09/2021 09/09/21 Sold $615,000 +2.8% $175 / Sq Ft
07/31/2021 07/31/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $598,000 0.0% $170 / Sq Ft
07/18/2021 07/18/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $598,000 -- $170 / Sq Ft
Source: MLSListings

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 $9,471 $665,694 $216,485 $449,209
2025 $9,471 $652,642 $212,241 $440,401
2024 $8,922 $639,846 $208,080 $431,766
2023 $8,922 $627,300 $204,000 $423,300
2022 $9,051 $615,000 $200,000 $415,000
2021 $4,561 $227,052 $48,996 $178,056
2019 $4,317 $220,320 $47,544 $172,776
2018 $4,120 $216,001 $46,612 $169,389
2017 $4,052 $211,767 $45,699 $166,068
2016 $3,781 $207,615 $44,803 $162,812
2015 $3,875 $204,498 $44,131 $160,367
2014 $3,741 $200,493 $43,267 $157,226
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81853484

MLSListings
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