NOT LISTED FOR SALE

Estimated Value: $680,000 - $761,000

5 Beds
2 Baths
1,549 Sq Ft
$463/Sq Ft Est. Value

Last Sold September 24, 2024

Last sale price $685,000 $442 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,567/month

140 Days on Market

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • North Facing Home

About This Home

As of September 2024

BACK ON MARKET - Very well cared-for, two-unit investment property. Front unit is 2/1. Rear unit is 3/1.5. Two-car, attached garage that can be converted into ADU. Additional two off-street parking spaces. No rent control. Neighboring duplex shares driveway. Tenant in front property has lived there approximately 17 years. Rear tenant approximately 5 years. Both units will be delivered occupied. This property may be for a novice investor where they occupy one unit and rent the other. Or simply another income property for a seasoned investor's portfolio. Owner purchased property in 2006.

Last Agent to Sell the Property

Jorge Guerrero

EstateX inc. License #01980145 Listed on: 08/14/2024

Last Buyer's Agent

Diana Hernandez

The Oppenheim Group License #01814655

The Oppenheim Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 4,585 Sq Ft Lot
  • North Facing Home

Parking

  • 2 Car Detached Garage
  • 2 Open Parking Spaces
  • Driveway

Interior Spaces

  • 1,549 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 7314-007-011

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Alley: No
  • Living Area: 1549
  • Lot Acreage: 0.1053
  • Probate: No
  • Year Built: 1959
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 5
  • Common Walls: Attached
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 480.95

Exterior Features

  • Direction Faces: North
  • Other Structures: None
  • Paved: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Garage Structures: 1
  • Parking Garage: Detached, Driveway
  • Total Parking: 2

Utilities

  • Cooling: Wall Unit(s)
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 60.60
  • Assessed Improvement Value: 406000
  • Assessed Land Percent: 39.4
  • Assessed Land Value: 264000
  • Total Assessed Value: 670000
  • Assessor Parcel Number: 7314-007-011
  • Lot Size Area: 4585

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 19.00
  • Number Of Units: 2
  • Type Of Units: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Aug 29, 2024
Sold by
Gonzalez Octavio A and Gonzalez Sara C
Bought by
Robles Alejandro
Seller's Agent
Jorge Guerrero
EstateX inc.
Buyer's Agent
Diana Hernandez
The Oppenheim Group
List Price
$744,990
Sold Price
$685,000
Premium/Discount to List
-$59,990
-8.05%
Views
7
Current Estimated Value
$716,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,966
Avg. Annual Appreciation
3.63%
Original Mortgage
$616,500
Outstanding Balance
$608,371
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$108,595

Purchase Details

Closed on
Mar 22, 2006
Sold by
Urive Domingo
Bought by
Gonzalez Octavio A and Gonzalez Sara C

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
6.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 12, 2003
Sold by
Flores Socorro
Bought by
Urive Domingo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
7.99%

Purchase Details

Closed on
Dec 17, 2002
Sold by
Clemmer Robert W and Clemmer A Professiona Robert W
Bought by
Urive Domingo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
7.99%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Robles Alejandro $685,000 Monarch Title
Gonzalez Octavio A $565,000 Fatcola
Avalos Aurelia -- First American Title Co Of L
Urive Domingo -- Chicago Title Co
Urive Domingo $265,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robles Alejandro $616,500
Previous Owner Avalos Aurelia $100,000
Previous Owner Gonzalez Octavio A $452,000
Previous Owner Urive Domingo $238,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2024 09/24/24 Sold $685,000 -8.1% $442 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
08/14/2024 08/14/24 Price Changed $744,990 0.0% $481 / Sq Ft
08/14/2024 08/14/24 For Sale $744,990 -3.9% $481 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
06/30/2024 06/30/24 Price Changed $774,990 -1.3% $500 / Sq Ft
04/08/2024 04/08/24 For Sale $784,990 -- $507 / 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 $9,863 $685,000 $450,000 $235,000
2024 $9,863 $756,964 $348,337 $408,627
2023 $9,423 $720,000 $283,700 $436,300
2022 $8,419 $670,000 $264,000 $406,000
2021 $7,576 $600,000 $236,400 $363,600
2020 $7,030 $550,000 $216,700 $333,300
2019 $7,078 $550,000 $216,700 $333,300
2018 $6,612 $520,000 $204,900 $315,100
2016 $5,333 $435,000 $171,400 $263,600
2015 $5,194 $435,000 $171,400 $263,600
2014 $4,122 $335,000 $132,000 $203,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-378007

The MLS

APN: 7314-007-011