NOT LISTED FOR SALE

Estimated Value: $995,000 - $3,070,703

12 Beds
14 Baths
5,090 Sq Ft
$424/Sq Ft Est. Value

Last Sold February 05, 2020

Last sale price $2,625,000 $516 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $14,210/month

Highlights

  • Built in 2019 | Newly Remodeled
  • No Units Above
  • Central Heating and Cooling System
  • Marvin Avenue Elementary School Rated 9+
  • Laundry Room
  • Level Lot

About This Home

As of February 2020

sold before processing.

Last Agent to Sell the Property

Elizabeth Maddox

Myunits.com Inc. License #01921425 Listed on: 02/05/2020

Co-Listed By

Ian Maddox

Myunits.com Inc. License #02030205

Last Buyer's Agent

Maribel Villalobos

Twin Homes & Loans License #01818908

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,818

Year Built

  • Built in 2019 | Newly Remodeled

Lot Details

  • 6,116 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Level Lot
  • Drip System Landscaping

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage

Home Design

  • 5,090 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 14 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 166
  • Tax Tract Number 4796
  • Assessor Parcel Number 5063025011

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 5 Separate Water Meters
  • Gardener Expense $600
  • Insurance Expense $2,036
  • Maintenance Expense $1,600
  • Water Sewer Expense $600
  • New Taxes Expense $30,818
  • Operating Expense $35,654
  • Gross Income $130,811
  • Net Operating Income $130,811

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,818

Year Built

Built in 2019 | Newly Remodeled

Lot Details

6,116 Sq Ft Lot

Parking

4

Listing Details

  • CapRate: 4.98
  • Property Attached: Yes
  • Water Sewer Expenses: 600.00
  • Zoning: LARD1.5
  • New Construction: Yes
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 5063025011
  • Year Built: 2019
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Price Per Square Foot: 515.72

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Level, Sprinklers Drip System
  • Lot Size Sq Ft: 6116.00
  • Lot Size Acres: 0.1404

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average3 Bed Area: 1273 Square Feet
  • Gross Income: 130811.00
  • Gross Multiplier: 15.14
  • Gross Operating Income: 166464.00
  • Gross Scheduled Income: 173400.00
  • Insurance Expense: 2036.00
  • Lot Size Area: 6116.0000 Square Feet
  • Maintenance Expense: 1600.00
  • Net Operating Income: 130811.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 5
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 35654.00
  • Rent Control: No
  • Total Expenses: 35654.00

Tax Info

  • New Taxes Expense: 30818.00
  • Tax Census Tract: 2184.00
  • Taxes Percent: 1.17
  • Tax Lot: 166
  • Tax Tract Number: 4796
  • Tax Annual Amount: 30818.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2019
Sold by
Davidi Isaac
Bought by
Freman Llc
Current Estimated Value
$2,156,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 22, 2018
Closed on
Jun 13, 2018
Sold by
Perez Jose M
Bought by
Davidi Isaac
Seller's Agent
Sherri Noel
KW Advisors
Buyer's Agent
Meghan Fitzgerald
Compass
List Price
$835,000
Sold Price
$820,000
Premium/Discount to List
-$15,000
-1.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.29%

Purchase Details

Closed on
Jul 30, 1996
Sold by
Flowers Ruby M
Bought by
Perez Jose M and Perez Ana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
8.32%
Mortgage Type
Purchase Money Mortgage
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
Freman Llc $2,625,000 Provident Title Company
Davidi Isaac $820,000 Priority Title
Perez Jose M $105,000 California Counties Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Freman Llc $1,500,000
Previous Owner Perez Jose M $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/05/2020 02/05/20 Sold $2,625,000 0.0% $516 / Sq Ft
02/05/2020 02/05/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $2,625,000 +220.1% $516 / Sq Ft
06/22/2018 06/22/18 Sold $820,000 -1.8% $598 / Sq Ft View Prior Sale
06/22/2018 06/22/18 Pending -- -- --
06/22/2018 06/22/18 For Sale $835,000 -- $609 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $34,362 $2,870,816 $2,009,026 $861,790
2024 $34,362 $2,814,527 $1,969,634 $844,893
2023 $33,696 $2,759,341 $1,931,014 $828,327
2022 $32,126 $2,705,237 $1,893,151 $812,086
2021 $31,721 $2,652,194 $1,856,031 $796,163
2020 $10,785 $853,128 $853,128 $0
2019 $10,044 $836,400 $669,120 $167,280
2018 $2,775 $216,496 $121,662 $94,834
2016 $2,652 $208,091 $116,939 $91,152
2015 $2,615 $204,966 $115,183 $89,783
2014 $2,634 $200,952 $112,927 $88,025
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB20026612

California Regional Multiple Listing Service (CRMLS)

APN: 5063-025-011

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