NOT LISTED FOR SALE
5 Beds
3 Baths
-- Sq Ft
5,944 Sq Ft Lot

Sale Details

Date Sold: October 21, 2014

Last sale price $1,110,000

7 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Hughes Middle School Rated A-

About This Home

As of October 2014

Property consist of 7 Units 4 units are 3 bedrooms and 2 bath each they all have one garage per unit property is very well kept, with long time tenants

Last Agent to Sell the Property

Tino Gudino

SECURITY REAL ESTATE CO. License #00622576 Listed on: 07/21/2014

Last Buyer's Agent

Sean Morghadam

Reza Moghadam, Broker License #01111466

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 5,944 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 7 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Stucco

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Sewer Paid

Additional Features

  • 2-Story Property
  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 23 / 3
  • Tax Tract Number 23
  • Assessor Parcel Number 7206023064

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Insurance Expense $2,300
  • Maintenance Expense $1,800
  • Professional Management Expense $1,800
  • Trash Expense $2,000
  • Water Sewer Expense $2,940
  • New Taxes Expense $11,100
  • Gross Income $8,900
  • Net Operating Income $82,060

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

5,944 Sq Ft Lot

Parking

7

Listing Details

  • Professional Management Expense: 1800.00
  • Property Attached: No
  • Subdivision Name Other: Eastside (ES)
  • Water Sewer Expenses: 2940.00
  • Zoning: LBPD29
  • Property Type: Residential Income
  • Parcel Number: 7206023064
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Private: No
  • Roof: Asphalt
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 7.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 7.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Sewer Paid
  • Trash Expense: 2000.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size: 5943
  • Lot Size Sq Ft: 5944.00
  • Lot Size Acres: 0.1360

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 8900.00
  • Gross Scheduled Income: 108000.00
  • Insurance Expense: 2300.00
  • Lot Size Area: 5944.0000 Square Feet
  • Maintenance Expense: 1800.00
  • Net Operating Income: 82060.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Operating Expense: 25940.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 11100.00
  • Tax Block: 3
  • Tax Lot: 23
  • Tax Tract Number: 23
  • Tax Year: 2013

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
Jul 21, 2014
Closed on
Aug 27, 2014
Sold by
Bought by
Seller's Agent
Tino Gudino
SECURITY REAL ESTATE CO.
Buyer's Agent
Sean Morghadam
Reza Moghadam, Broker
List Price
$1,110,000
Sold Price
$1,110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Outstanding Balance
$468,377
Interest Rate
4.2%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 27, 2011
Sold by
Bought by

Purchase Details

Closed on
Sep 15, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 30, 2011
Sold by
Bought by

Purchase Details

Closed on
Jun 19, 2007
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
$250,000
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
May 2, 2007
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
$250,000
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 20, 2006
Sold by
Bought by

Purchase Details

Closed on
Nov 10, 2004
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
$537,000
Interest Rate
5.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 3, 2002
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
$335,000
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 6, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,110,000 North American Title Company
-- Lawyers Title La
$675,000 Lawyers Title
$328,028 None Available
-- First American Title Co
-- Accommodation
-- None Available
-- None Available
-- Lawyers Title
-- Lawyers Title
-- Stewart Title
$160,000 Continental Lawyers Title Co
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 $625,000
Previous Owner $625,000
Previous Owner $250,000
Previous Owner $490,000
Previous Owner $537,000
Previous Owner $335,000
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
10/21/2014 10/21/14 Sold $1,110,000 0.0% --
07/28/2014 07/28/14 Pending -- -- --
07/21/2014 07/21/14 For Sale $1,110,000 -- --
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 $18,517 $1,334,044 $360,551 $973,493
2024 $17,684 $1,307,887 $353,482 $954,405
2023 $17,381 $1,282,243 $346,551 $935,692
2022 $16,330 $1,257,102 $339,756 $917,346
2021 $15,978 $1,232,454 $333,095 $899,359
2019 $15,750 $1,195,901 $323,216 $872,685
2018 $15,298 $1,172,453 $316,879 $855,574
2016 $14,060 $1,126,927 $304,575 $822,352
2015 $13,504 $1,110,000 $300,000 $810,000
2014 $8,921 $691,625 $307,389 $384,236
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB14159119

California Regional Multiple Listing Service (CRMLS)
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