NOT LISTED FOR SALE

Estimated Value: $800,639 - $1,148,000

6 Beds
3 Baths
2,294 Sq Ft
$435/Sq Ft Est. Value

Last Sold March 09, 2018

Last sale price $625,000 $272 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $6,171/month

3 Days on Market

About This Home

As of March 2018

3 units income property in Lincoln Heights, 2 bedroom, 1 bath each. Public record shown 5 bedrooms.
This is a HPOZ zoing,and to be sold in AS IS condition.

Last Agent to Sell the Property

VINCENT TRINH

CENTURY 2000 REAL ESTATE CORP License #01134367 Listed on: 01/19/2018

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,733

Year Built

  • Built in 1902

Lot Details

  • 6,244 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre
  • Land Lease

Parking

  • 3 Car Garage

Home Design

  • 2,294 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 14
  • Tax Tract Number 1994
  • Assessor Parcel Number 5206002019

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,041
  • Water Sewer Expense $2,479
  • New Taxes Expense $6,365
  • Operating Expense $9,885
  • Gross Income $32,400
  • Net Operating Income $22,515

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,733

Year Built

Built in 1902

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2478.80
  • Property Type: Residential Income
  • Parcel Number: 5206002019
  • Year Built: 1902
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 272.45

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6244.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 32400.00
  • Gross Operating Income: 32400.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 1040.90
  • Net Operating Income: 22515.40
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 9884.60
  • Rent Control: Yes
  • Total Actual Rent: 2700.00
  • Total Expenses: 9884.60

Tax Info

  • New Taxes Expense: 6364.90
  • Tax Lot: 14
  • Tax Tract Number: 1994/3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2019
Sold by
Belove Omar Matthew
Bought by
Cruz Sarinah Bess De La and Cruz Rudy William De La
Current Estimated Value
$998,910

Purchase Details

Listed on
Jan 19, 2018
Closed on
Mar 2, 2018
Sold by
Xie Yue
Bought by
Belove Omar Matthew
Seller's Agent
VINCENT TRINH
CENTURY 2000 REAL ESTATE CORP
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$600,000
Sold Price
$625,000
Premium/Discount to List
$25,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%
Original Mortgage
$425,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2018
Closed on
Feb 15, 2018
Sold by
Trinh Vincent
Bought by
Belove Omar Matthew
Seller's Agent
VINCENT TRINH
CENTURY 2000 REAL ESTATE CORP
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$600,000
Sold Price
$625,000
Premium/Discount to List
$25,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2018
Closed on
Feb 8, 2018
Sold by
Graham Benjamin Aring
Bought by
Ta Lynn
Seller's Agent
VINCENT TRINH
CENTURY 2000 REAL ESTATE CORP
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$600,000
Sold Price
$625,000
Premium/Discount to List
$25,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2013
Sold by
Ta Albert
Bought by
Ta Lynn

Purchase Details

Closed on
May 18, 2009
Sold by
Ta Lynn
Bought by
Ta Albert

Purchase Details

Closed on
Aug 3, 2005
Sold by
Woo Welford
Bought by
Trinh Vincent and Ta Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2004
Sold by
Woo Welford
Bought by
Woo Welford and Huang Sabrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 1, 2002
Sold by
Lee William
Bought by
Woo Welford

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
6.71%
Source: Public Records

Range of Values:

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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
Cruz Sarinah Bess De La -- None Available
Belove Omar Matthew -- Stewart Title Of California
Belove Omar Matthew $625,000 Stewart Title Of California
Ta Lynn -- Stewart Title Of California
Ta Lynn -- None Available
Ta Albert -- None Available
Trinh Vincent $460,000 Chicago Title Co
Woo Welford -- --
Woo Welford $171,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dela Cruz Sarinah Bess $525,000
Closed Belove Omar Matthew $425,000
Previous Owner Trinh Vincent $368,000
Previous Owner Wood Welford $23,500
Previous Owner Huang Sabrina $352,500
Previous Owner Woo Welford $155,000
Previous Owner Woo Welford $136,800
Previous Owner Lee William $171,500
Previous Owner Lee William $123,000
Previous Owner Lee William $80,750
Closed Woo Welford $17,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2018 03/09/18 Sold $625,000 +4.2% $272 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
01/19/2018 01/19/18 For Sale $600,000 -- $262 / 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 $8,733 $703,664 $494,975 $208,689
2024 $8,733 $689,868 $485,270 $204,598
2023 $8,569 $676,342 $475,755 $200,587
2022 $8,178 $663,081 $466,427 $196,654
2021 $8,072 $650,081 $457,282 $192,799
2020 $8,150 $643,417 $452,594 $190,823
2019 $7,915 $637,500 $448,800 $188,700
2018 $6,932 $552,469 $312,267 $240,202
2016 $6,615 $531,019 $300,143 $230,876
2015 $6,115 $489,000 $276,300 $212,700
2014 $5,574 $432,000 $244,100 $187,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS18014199

California Regional Multiple Listing Service (CRMLS)

APN: 5206-002-019