NOT LISTED FOR SALE

Estimated Value: $1,294,000 - $1,677,000

8 Beds
5 Baths
2,848 Sq Ft
$524/Sq Ft Est. Value

Last Sold May 14, 2024

Last sale price $1,430,000 $502 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,601/month

61 Days on Market

Highlights

  • Double Pane Windows
  • Living Room
  • Turnkey
  • Ductless Heating Or Cooling System
  • Laundry Room
  • Vinyl Flooring

About This Home

As of May 2024

4.5%+ CAP, Fully Renovated 4-plex. 3 units with 2/1 and end unit with 2/2, All units has been fully remodeled with new plumbing, new electrical, new sewer, new roof and new interior. Each unit has its own laundry hookup. Front 3 unit has been rented to long term tenants, and end unit is still vacant and its perfect to rent as short-term rental for higher income. Front and end unit have its own private yard. For 2nd and 3rd unit need to add a fence to also have a private yard.

Last Agent to Sell the Property

Daniel Hong

GRACE & GLORY REAL ESTATE GROUP Brokerage Phone: 626-500-9506 License #01790683 Listed on: 02/04/2024

Last Buyer's Agent

Daniel Wang

IRN Realty License #01329336

IRN Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 9,000 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Turnkey
  • Shingle Roof

Interior Spaces

  • 2,848 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces
  • Parking Available
  • Driveway

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Natural Gas Connected
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 1049531100000
  • $793 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 1049531100000
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Price Per Square Foot: 502.11
  • Room Type: Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Carport Spaces: 6.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Microwave
  • Electric: Standard
  • Heating Type: Ductless
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 9000.00
  • Lot Size Acres: 0.2066

Multi Family

  • Lot Size Area: 9000.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 4
  • Number With Range: 4
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 18.13
  • Tax Lot: 14
  • TaxOtherAnnualAssessmentAmount: 793.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2024
Closed on
Jun 27, 2024
Sold by
Ku Camille
Bought by
Excellence Eab Llc
Seller's Agent
Daniel Hong
GRACE & GLORY REAL ESTATE GROUP
Buyer's Agent
Daniel Wang
IRN Realty
List Price
$1,500,000
Sold Price
$1,430,000
Premium/Discount to List
-$70,000
-4.67%
Views
69
Current Estimated Value
$1,493,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,604
Avg. Annual Appreciation
2.64%
Original Mortgage
$730,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 4, 2024
Closed on
May 8, 2024
Sold by
200 Phillips Property Llc
Bought by
Ku Camille
Seller's Agent
Daniel Hong
GRACE & GLORY REAL ESTATE GROUP
Buyer's Agent
Daniel Wang
IRN Realty
List Price
$1,500,000
Sold Price
$1,430,000
Premium/Discount to List
-$70,000
-4.67%
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 4, 2024
Closed on
Apr 30, 2024
Sold by
Xu Pengsheng
Bought by
Ku Camille
Seller's Agent
Daniel Hong
GRACE & GLORY REAL ESTATE GROUP
Buyer's Agent
Daniel Wang
IRN Realty
List Price
$1,500,000
Sold Price
$1,430,000
Premium/Discount to List
-$70,000
-4.67%
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 25, 2022
Closed on
Jun 15, 2022
Sold by
Yuxin Hong Daniel and Yuxin Carrie
Bought by
200 Phillips Property Llc
Seller's Agent
Deanna Arteaga
Reliance Realty Inc.
Buyer's Agent
Daniel Hong
GRACE & GLORY REAL ESTATE GROUP
List Price
$850,000
Sold Price
$915,000
Premium/Discount to List
$65,000
7.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.33%

Purchase Details

Listed on
Feb 25, 2022
Closed on
Apr 13, 2022
Sold by
Consuelo Felix Maria
Bought by
Hong Daniel Yuxin and Hong-Sun Carrie
Seller's Agent
Deanna Arteaga
Reliance Realty Inc.
Buyer's Agent
Daniel Hong
GRACE & GLORY REAL ESTATE GROUP
List Price
$850,000
Sold Price
$915,000
Premium/Discount to List
$65,000
7.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$686,250
Interest Rate
3.85%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 13, 2019
Sold by
Esp Family Revocable Living Trust
Bought by
Felix Maria Consuelo

Purchase Details

Closed on
Apr 4, 2019
Sold by
Parra Salvador and Parra Eulalia
Bought by
Esp Family Revocable Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Excellence Eab Llc -- Accommodation/Courtesy Recordi
Ku Camille $1,430,000 Stewart Title Of California
Ku Camille -- Stewart Title Of California
200 Phillips Property Llc -- None Listed On Document
Felix Maria Consuelo -- None Available
Esp Family Revocable Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ku Camille $730,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2024 05/14/24 Sold $1,430,000 -4.7% $502 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
02/04/2024 02/04/24 For Sale $1,500,000 +63.9% $527 / Sq Ft
04/26/2022 04/26/22 Sold $915,000 +7.6% $458 / Sq Ft View Prior Sale
03/24/2022 03/24/22 Pending -- -- --
03/20/2022 03/20/22 For Sale $850,000 0.0% $425 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $850,000 -7.1% $425 / Sq Ft
03/01/2022 03/01/22 Off Market $915,000 -- --
02/25/2022 02/25/22 For Sale $850,000 -- $425 / 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 $10,419 $1,430,000 $305,000 $1,125,000
2024 $10,419 $951,966 $301,716 $650,250
2023 $10,126 $933,300 $295,800 $637,500
2022 $9,006 $824,454 $288,559 $535,895
2021 $8,951 $808,288 $282,901 $525,387
2020 $8,793 $110,879 $28,426 $82,453
2019 $1,233 $108,705 $27,869 $80,836
2018 $1,216 $106,574 $27,323 $79,251
2017 $1,173 $104,484 $26,787 $77,697
2016 $1,127 $102,436 $26,262 $76,174
2015 $1,119 $100,898 $25,868 $75,030
2014 $1,084 $98,921 $25,361 $73,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24025341

California Regional Multiple Listing Service (CRMLS)

APN: 1049-531-10