NOT LISTED FOR SALE

Estimated Value: $923,000 - $1,014,055

12 Beds
8 Baths
4,100 Sq Ft
$236/Sq Ft Est. Value

Last Sold July 01, 2020

Last sale price $650,000 $159 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $6,181/month

62 Days on Market

Highlights

  • Fishing
  • Laundry Room
  • Landscaped
  • Lawn
  • Foothills
  • Bike Trail

About This Home

As of July 2020

Four-3 bedroom/2 bath units. Income-producing property in Opportunity Zone! All units are equally remodeled inside and out. Each unit has it's own private garage. On-site laundry. Newer stucco, newer windows, new hot water heater, copper pipe throughout, 2 storage rooms, new roof in 2007. All units are leased and individually metered. Annual fire and police inspection never result in any issues. Grassy front yard and the mountains in the backdrop make this very inviting for tenants. See the Return on Investment in supplements.

Last Agent to Sell the Property

Nancy Cotta

First Team Real Estate License #01828276 Listed on: 03/08/2020

First Team Real Estate

Last Buyer's Agent

Christopher Albezer

Cross Keys Realty License #01854671

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,304

Year Built

  • Built in 1964

Lot Details

  • 9,438 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Level Lot
  • Side Yard Sprinklers
  • Lawn
  • Front Yard

Parking

  • 4 Car Garage

Home Design

  • 4,100 Sq Ft Home
  • Patio Home
  • Quadruplex

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Laundry Room
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, telephone
  • Tax Lot 25
  • Tax Tract Number 6647
  • Assessor Parcel Number 1191051560000

Community Details

Overview

  • 4 Units
  • Foothills
  • Mountainous Community
  • Greenbelt

Amenities

  • Laundry Facilities

Recreation

  • Fishing
  • Water Sports
  • Bike Trail

Building Details

  • 4 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,650
  • Trash Expense $1,500
  • Water Sewer Expense $1,400
  • New Taxes Expense $8,000
  • Operating Expense $12,900
  • Gross Income $49,300
  • Net Operating Income $49,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,304

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1400.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 1191051560000
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 158.54

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: 1500.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Fishing, Foothills, Gutters, Watersports, Mountainous, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Greenbelt, Landscaped, Lawn, Level with Street, Patio Home, Sprinklers On Side
  • Lot Size Sq Ft: 9438.00
  • Lot Size Acres: 0.2167

Rental Info

  • Tenant Pays: Electricity, Gas, Telephone

Multi Family

  • Gross Income: 49300.00
  • Gross Scheduled Income: 51300.00
  • Insurance Expense: 1650.00
  • Lot Size Area: 9438.0000 Square Feet
  • Net Operating Income: 49300.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 4000.00
  • Rent Control: Yes
  • Total Actual Rent: 4275.00
  • Total Expenses: 12900.00
  • Vacancy Allowance: 5

Tax Info

  • New Taxes Expense: 8000.00
  • Tax Census Tract: 74.07
  • Tax Lot: 25
  • Tax Tract Number: 6647

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2021
Sold by
Un Sophanna
Bought by
Soeun Chandara
Current Estimated Value
$969,014

Purchase Details

Listed on
Mar 8, 2020
Closed on
Jun 5, 2020
Sold by
Soeun Somara
Bought by
Un Sophanna
Seller's Agent
Nancy Cotta
First Team Real Estate
Buyer's Agent
Christopher Albezer
Cross Keys Realty
List Price
$595,000
Sold Price
$650,000
Premium/Discount to List
$55,000
9.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%

Purchase Details

Closed on
Apr 2, 2020
Sold by
Ibex West Llc
Bought by
Un Sophanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$638,226
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2005
Sold by
Reding Raymond E
Bought by
Ibex West Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,500
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2005
Sold by
Reding Cindy Cooper
Bought by
Reding Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,500
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2005
Sold by
Lim Renato
Bought by
Reding Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,500
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2004
Sold by
Rose Donald
Bought by
Lim Renato and Lim Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2003
Sold by
Key Rene
Bought by
Rose Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
7.37%

Purchase Details

Closed on
Dec 13, 2001
Sold by
Maloy Nancy L
Bought by
Key Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
10.25%

Purchase Details

Closed on
Oct 24, 2000
Sold by
Maloy Nancy L
Bought by
Maloy Harell L and Maloy Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
9.1%

Purchase Details

Closed on
Oct 6, 1999
Sold by
Maloy Harell
Bought by
Maloy Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.76%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 22, 1999
Sold by
Norwest Bank Minnesota Na
Bought by
Maloy Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.76%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 7, 1999
Sold by
Lee Lynetta A
Bought by
Norwest Mtg Minnesota Na

Purchase Details

Closed on
Jun 16, 1998
Sold by
California Comeback Llc
Bought by
Lee Lynetta A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
10.43%

Purchase Details

Closed on
Mar 16, 1998
Sold by
Navaro Alex
Bought by
California Comeback Llc

Purchase Details

Closed on
Oct 24, 1997
Sold by
Norris Bruce W
Bought by
Navaro Alex

Purchase Details

Closed on
Jun 20, 1997
Sold by
Morehart Investments Llc
Bought by
Norris Bruce
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
Soeun Chandara -- None Available
Un Sophanna -- Western Resources Title
Un Sophanna $650,000 Western Resources Title
Ibex West Llc -- --
Reding Raymond -- North American Title Company
Reding Raymond $545,000 North American Title Company
Lim Renato $455,000 First American Title Co
Rose Donald $250,000 First American
Rose Donald -- First American
Key Rene $240,000 Gateway Title Company
Maloy Harell L -- Southland Title Corporation
Maloy Nancy L -- First Southwestern Title Co
Maloy Nancy L $92,000 First Southwestern Title Co
Norwest Mtg Minnesota Na $100,000 Fidelity National Title Ins
Lee Lynetta A $140,000 American Title
California Comeback Llc -- American Title
Navaro Alex -- --
Norris Bruce $55,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Un Sophanna $52,461
Previous Owner Un Sophanna $638,226
Previous Owner Reding Raymond $381,500
Previous Owner Lim Renato $364,000
Previous Owner Rose Donald $382,500
Previous Owner Rose Donald $237,500
Previous Owner Key Rene $216,000
Previous Owner Maloy Harell L $136,500
Previous Owner Maloy Nancy L $108,000
Previous Owner Lee Lynetta A $130,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2020 07/01/20 Sold $650,000 +9.2% $159 / Sq Ft
05/05/2020 05/05/20 For Sale $595,000 -8.5% $145 / Sq Ft
04/25/2020 04/25/20 Off Market $650,000 -- --
03/08/2020 03/08/20 For Sale $595,000 -- $145 / 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 $11,304 $902,027 $222,854 $679,173
2024 $11,304 $884,340 $218,484 $665,856
2023 $10,876 $867,000 $214,200 $652,800
2022 $8,545 $663,000 $173,400 $489,600
2021 $8,568 $650,000 $170,000 $480,000
2020 $7,034 $524,100 $65,500 $458,600
2019 $6,755 $508,800 $63,600 $445,200
2018 $6,431 $480,000 $60,000 $420,000
2017 $4,702 $352,000 $88,000 $264,000
2016 $4,138 $312,000 $78,000 $234,000
2015 $3,784 $286,000 $71,500 $214,500
2014 $3,321 $253,100 $63,300 $189,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20059147

California Regional Multiple Listing Service (CRMLS)

APN: 1191-051-56