NOT LISTED FOR SALE

Estimated Value: $903,000 - $1,170,000

6 Beds
4 Baths
3,036 Sq Ft
$337/Sq Ft Est. Value

Last Sold August 06, 2018

Last sale price $690,000 $227 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,249/month

50 Days on Market

About This Home

As of August 2018

Fabulous Fourplex on Florence Blvd. zoning is C2, lots of potential. Minutes from the new Rams Stadium, located in high rental demand area with major development. Separately metered, owner pays water. All units are tenant occupied, please drive by only, do not disturb tenants. Offer subject to interior inspection. Performa cap rate will be 7.502

Last Agent to Sell the Property

Roya Souferzadeh

Landmark Realtors, Inc. License #01366262 Listed on: 05/29/2018

Last Buyer's Agent

Charles McMillan

Charles McMillan License #01155797

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,616

Year Built

  • Built in 1957

Lot Details

  • 5,106

Parking

  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 3,036 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • 5,106 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 6017-003-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,616

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3036
  • Stories: 2
  • Year Built: 1957
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 228.92

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 110389
  • Assessed Land Value: 182143
  • Assessor Parcel Number: 6017-003-003
  • Geocode Override: No
  • Lot Size Area: 5106

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 13.00
  • Number Of Units: 4
  • Total Annual Expense: 17040
  • Type Of Units: fourplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2018
Closed on
Jul 26, 2018
Sold by
Mccool Erica L
Bought by
Mccool Mark E
Seller's Agent
Roya Souferzadeh
Landmark Realtors, Inc.
Buyer's Agent
Charles McMillan
Charles McMillan
List Price
$729,000
Sold Price
$690,000
Premium/Discount to List
-$39,000
-5.35%
Current Estimated Value
$1,022,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,503
Avg. Annual Appreciation
5.03%
Original Mortgage
$552,000
Outstanding Balance
$481,421
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$496,802

Purchase Details

Listed on
May 29, 2018
Closed on
Jul 5, 2018
Sold by
Edward 26 Florence Llc
Bought by
Mccool Mark E
Seller's Agent
Roya Souferzadeh
Landmark Realtors, Inc.
Buyer's Agent
Charles McMillan
Charles McMillan
List Price
$729,000
Sold Price
$690,000
Premium/Discount to List
-$39,000
-5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Outstanding Balance
$481,421
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$496,802

Purchase Details

Closed on
Dec 8, 2010
Sold by
Zahab Edward and Zahab Behrouz Mousa
Bought by
Edward 26 Florence Llc

Purchase Details

Closed on
Nov 23, 2010
Sold by
Bahremand Behnaz
Bought by
Zahab Edward

Purchase Details

Closed on
Nov 18, 2010
Sold by
Unisource Llc
Bought by
Zahab Edward and Zahab Behrouz Mousa

Purchase Details

Closed on
Oct 27, 2010
Sold by
Reneau Gregg L
Bought by
Unisource Llc

Purchase Details

Closed on
Apr 1, 2008
Sold by
Reneau Gregg L
Bought by
Darvid 7 Llc

Purchase Details

Closed on
Aug 4, 2005
Sold by
Darvid 7
Bought by
Reneau Gregg L

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
5.81%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 1, 2005
Sold by
Darvid 6 Llc
Bought by
David 7 Llc

Purchase Details

Closed on
Feb 10, 2005
Sold by
Green Alfred Charles
Bought by
Darvid 6 Llc

Purchase Details

Closed on
Aug 6, 2003
Sold by
K S One Enterprises Inc
Bought by
Green Alfred C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2003
Sold by
Shelby Karriem
Bought by
K S One Enterprises Inc

Purchase Details

Closed on
Sep 26, 2002
Sold by
Rheuban Steven V and Rheuban Marjorie L
Bought by
Shelby Karriem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
7.53%

Purchase Details

Closed on
Mar 16, 2000
Sold by
Federal National Mortgage Association
Bought by
Rheuban Steven V and Rheuban Marjorie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.38%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 20, 1999
Sold by
Goff Steve B
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 13, 1996
Sold by
Federal National Mortgage Association
Bought by
Goff Steve B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,650
Interest Rate
8.23%

Purchase Details

Closed on
Apr 9, 1996
Sold by
Oliver Alfred Douglas and Federal National Mortgage Asso
Bought by
Federal National Mortgage Association
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
Mccool Mark E -- Lawyers Title Company
Mccool Mark E $690,000 Lawyers Title Company
Edward 26 Florence Llc -- Accommodation
Zahab Edward -- Provident Title Company
Zahab Behzad -- Provident Title Company
Zahab Behrouz Mousa -- Provident Title Company
Zahab Edward -- Provident Title Company
Unisource Llc -- None Available
Darvid 7 Llc -- None Available
Reneau Gregg L $500,000 Provident Title Company
David 7 Llc -- --
Darvid 6 Llc $20,000 --
Green Alfred C $330,000 Commerce Title
K S One Enterprises Inc -- --
Shelby Karriem $275,000 American Title
Rheuban Steven V $165,000 Fidelity Title
Federal National Mortgage Association $157,205 American Title
Goff Steve B $144,000 Investors Title Company
Federal National Mortgage Association $110,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccool Mark E $552,000
Previous Owner Reneau Gregg I $100,000
Previous Owner Reneau Gregg L $400,000
Previous Owner Green Alfred C $301,500
Previous Owner Shelby Karriem $202,500
Previous Owner Rheuban Steven $65,000
Previous Owner Rheuban Steven V $131,920
Previous Owner Goff Steve B $139,650
Closed Shelby Karriem $54,000
Closed Green Alfred C $16,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2018 08/06/18 Sold $690,000 -0.7% $227 / Sq Ft
06/13/2018 06/13/18 Price Changed $695,000 -4.7% $229 / Sq Ft
05/29/2018 05/29/18 For Sale $729,000 -- $240 / Sq Ft
Source: The MLS

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 $9,616 $769,702 $557,756 $211,946
2024 $9,616 $754,611 $546,820 $207,791
2023 $9,440 $739,816 $536,099 $203,717
2022 $9,018 $725,311 $525,588 $199,723
2021 $8,895 $711,090 $515,283 $195,807
2020 $8,981 $703,800 $510,000 $193,800
2019 $8,638 $690,000 $500,000 $190,000
2018 $4,014 $298,381 $185,785 $112,596
2017 $3,936 $292,532 $182,143 $110,389
2016 $3,819 $286,797 $178,572 $108,225
2015 $3,768 $282,490 $175,890 $106,600
2014 $3,808 $276,957 $172,445 $104,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-348894

The MLS

APN: 6017-003-003