NOT LISTED FOR SALE

Estimated Value: $913,000 - $1,366,000

6 Beds
4 Baths
2,806 Sq Ft
$401/Sq Ft Est. Value

Sale Details

Date Sold: June 8, 2017

Last sale price $810,000 $289 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $7,113 / mo

11 Days on Market

Highlights

  • Lawn
  • Marvin Avenue Elementary School Rated 9+
  • 4 Detached Carport Spaces

About This Home

As of June 2017

4 unit building located in up and coming area. 2 units are upstairs and 2 units downstairs. This property is centrally located and close to freeways, transportation and shops. Excellent opportunity.

Last Agent to Sell the Property

Joyce Reese

Reese Realty License #01328558 Listed on: 04/16/2017

Reese Realty

Last Buyer's Agent

Joyce Reese

Reese Realty License #01328558 Listed on: 04/16/2017

Reese Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 6,818 Sq Ft Lot
  • Two or More Common Walls
  • Lawn

Home Design

  • 2,806 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Detached Carport Spaces
  • Parking Available

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 6460
  • Assessor Parcel Number 5064022002

Community Details

Overview

  • 4 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

6,818 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 5064022002
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 288.67

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 6818.00

Multi Family

  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Rent Control: Yes
  • Total Actual Rent: 2750.00

Tax Info

  • Tax Census Tract: 2703.00
  • Tax Lot: 2
  • Tax Tract Number: 6460

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
Apr 16, 2017
Closed on
May 11, 2017
Sold by
Bought by
Seller's Agent
Joyce Reese
Reese Realty
Buyer's Agent
Joyce Reese
Reese Realty
List Price
$800,000
Sold Price
$810,000
Premium/Discount to List
$10,000
1.25%
Current Estimated Value
$1,126,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,244
Avg. Annual Appreciation
3.67%
Original Mortgage
$607,500
Outstanding Balance
$503,021
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$623,223

Purchase Details

Closed on
Dec 9, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
2.44%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jun 3, 2006
Sold by
Bought by

Purchase Details

Closed on
Mar 28, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.72%
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

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
$810,000 Chicago Title Company
-- Multiple
-- None Available
-- Gateway 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 $607,500
Previous Owner $625,500
Previous Owner $50,000
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
06/08/2017 06/08/17 Sold $810,000 +1.3% $289 / Sq Ft
04/27/2017 04/27/17 Pending -- -- --
04/16/2017 04/16/17 For Sale $800,000 -- $285 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $11,728 $940,068 $812,407 $127,661
2024 $11,591 $921,636 $796,478 $125,158
2023 $11,376 $903,565 $780,861 $122,704
2022 $10,861 $885,849 $765,550 $120,299
2021 $10,718 $868,481 $750,540 $117,941
2020 $10,824 $859,577 $742,845 $116,732
2019 $10,405 $842,724 $728,280 $114,444
2018 $10,273 $826,200 $714,000 $112,200
2016 $3,170 $243,655 $170,827 $72,828
2015 $3,126 $239,997 $168,262 $71,735
2014 $3,164 $235,296 $164,966 $70,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17081539

California Regional Multiple Listing Service (CRMLS)

APN: 5064-022-002

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