NOT LISTED FOR SALE

Estimated Value: $968,000 - $1,042,000

12 Beds
8 Baths
4,260 Sq Ft
$234/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $720,000 $169 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,158/month

31 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Laundry Room
  • Senior Community
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring

About This Home

As of April 2021

A GREAT INVESTMENT!! A 4-plex and each unit is 3 bedroom 2 bath with separate electric and gas meters! It also has 4, single-car garages and a newer roof * It is fully leased! * This investment will pay for itself!

Last Agent to Sell the Property

Al Collins

Al Collins Realty License #01029167 Listed on: 10/16/2020

Last Buyer's Agent

LUIS BARQUERO

C-21 REALTY TEAM License #01515240

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,662

Year Built

  • Built in 1963

Lot Details

  • 9,433 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 4,260 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Additional Features

  • Urban Location
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 12
  • Tax Tract Number 6647
  • Assessor Parcel Number 1191051430000

Community Details

Overview

  • Senior Community
  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $1,939
  • Trash Expense $1,836
  • Water Sewer Expense $2,400
  • New Taxes Expense $4,000
  • Operating Expense $10,175
  • Gross Income $67,800
  • Net Operating Income $53,665

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,662

Year Built

Built in 1963

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Other Phone Description: 626-824-2621
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 2400.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 1191051430000
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Tile
  • Levels: One
  • Price Per Square Foot: 169.01
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1836.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9433.00
  • Lot Size Acres: 0.2166

Rental Info

  • Garage Rental Rate: 600.00
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Garage Income: 600.00
  • Gross Income: 67800.00
  • Gross Operating Income: 63840.00
  • Gross Scheduled Income: 67200.00
  • Insurance Expense: 1939.00
  • Lot Size Area: 9433.0000 Square Feet
  • Net Operating Income: 53665.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 10175.00
  • Rent Control: Yes
  • Total Actual Rent: 5600.00
  • Total Expenses: 10175.00
  • Vacancy Allowance: 3360
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 4000.00
  • Tax Census Tract: 74.07
  • Tax Lot: 12
  • Tax Tract Number: 6647

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2020
Sold by
Reimer Christian
Bought by
Calderon Cesar and Ramirez Eliana
Current Estimated Value
$977,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2019
Sold by
Reimer Christian and Reimer Christian R
Bought by
Reimer Christian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,250
Interest Rate
3.6%

Purchase Details

Listed on
Sep 15, 2015
Closed on
Aug 18, 2015
Sold by
Nguyen Charles Tuan Tu
Bought by
Reimer Christian R
Seller's Agent
Nicholas Nguyen
H3 Realty Group
Buyer's Agent
Katie Miramontes
KW Vision
List Price
$428,000
Sold Price
$429,000
Premium/Discount to List
$1,000
0.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%
Original Mortgage
$421,229
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 23, 2012
Sold by
Ontrack Investments Llc
Bought by
Nguyen Charles Tuan Tu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,865
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Ontrack Investments Llc

Purchase Details

Closed on
Jul 25, 2008
Sold by
Ruiz Alejandro
Bought by
Deutsche Bank National Trust Co and Financial Asset Securities Corp Soundvie

Purchase Details

Closed on
Oct 30, 2006
Sold by
Vo Tom and Truong Michael
Bought by
Ruiz Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2005
Sold by
Truong Jordana
Bought by
Vo Tom and Truong Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2004
Sold by
Henson Donald Eugene and Truong Michael Quang
Bought by
Truong Jordana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2004
Sold by
Henson Donald Eugene and Henson Donald
Bought by
Henson Donald Eugene and Truong Michael Quang

Purchase Details

Closed on
Jul 21, 2003
Sold by
Lee Michael K
Bought by
Henson Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,250
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2002
Sold by
Lee Ne Jung
Bought by
Lee Michael K

Purchase Details

Closed on
Oct 12, 2002
Sold by
Perez Angel and Perez Agripina
Bought by
Lee Michael K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,200
Interest Rate
5.75%
Source: Public Records

Range of Values:

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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
Calderon Cesar $720,000 First American Title
Reimer Christian -- First American Title
Reimer Christian -- First American Title
Reimer Christian R $429,000 Wfg National Title
Nguyen Charles Tuan Tu $240,000 Orange Coast Title
Nguyen Charles Tuan Tu -- Orange Coast Title
Ontrack Investments Llc $160,000 Landsafe Title
Deutsche Bank National Trust Co $216,000 Landsafe
Ruiz Alejandro $585,000 Orange Coast Title
Vo Tom $525,000 United Title Orange
Truong Jordana $430,000 United Title Orange
Henson Donald Eugene -- --
Henson Donald $325,000 North American Title Co
Lee Michael K -- North American Title Co
Lee Michael K $218,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Calderon Cesar $540,000
Previous Owner Reimer Christian $406,250
Previous Owner Reimer Christian R $421,229
Previous Owner Nguyen Charles Tuan Tu $179,865
Previous Owner Ruiz Alejandro $468,000
Previous Owner Vo Tom $420,000
Previous Owner Truong Jordana $333,700
Previous Owner Henson Donald $276,250
Previous Owner Lee Michael K $196,200
Closed Henson Donald $32,500
Closed Truong Jordana $74,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $720,000 0.0% $169 / Sq Ft
10/16/2020 10/16/20 For Sale $720,000 +67.8% $169 / Sq Ft
10/05/2015 10/05/15 Sold $429,000 +0.2% $101 / Sq Ft
09/18/2015 09/18/15 Pending -- -- --
09/15/2015 09/15/15 For Sale $428,000 -- $100 / 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 $9,662 $779,351 $173,189 $606,162
2024 $9,662 $764,069 $169,793 $594,276
2023 $9,421 $749,088 $166,464 $582,624
2022 $9,446 $734,400 $163,200 $571,200
2021 $6,140 $469,175 $153,110 $316,065
2020 $6,159 $464,364 $151,540 $312,824
2019 $6,121 $455,259 $148,569 $306,690
2018 $5,900 $446,332 $145,656 $300,676
2017 $5,717 $437,580 $142,800 $294,780
2016 $5,543 $429,000 $140,000 $289,000
2015 $3,317 $250,636 $20,902 $229,734
2014 $3,375 $245,727 $20,493 $225,234
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR20218703

California Regional Multiple Listing Service (CRMLS)

APN: 1191-051-43