NOT LISTED FOR SALE

Estimated Value: $1,188,000 - $1,454,000

10 Beds
6 Baths
3,709 Sq Ft
$348/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $1,100,000 $297 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $8,213/month

Highlights

  • Solar Power System
  • Double Pane Windows
  • ENERGY STAR Qualified Appliances
  • No HOA
  • Laundry Room
  • Landscaped

About This Home

As of November 2021

Very desirable, income producing duplex. This duplex consists of two (2) 5-Bedroom / 3-Bathroom units. The property has a single car garage in the front of the property and a double car garage located in the rear of the property. Each unit includes dual pane vinyl windows, granite counter tops, wood cabinets throughout, tile flooring in kitchens and baths, mirrored closet doors, carpeted bedrooms, and forced heat throughout both units. The property has an artificial lawn to minimize maintenance and water usage. No rent control! Agents bring your investors!

Last Agent to Sell the Property

Andy Zuppardo

Crystal View Realty License #01927358 Listed on: 10/12/2021

Last Buyer's Agent

Brian Davis

Douglas Elliman of California Inc. License #02067087

Douglas Elliman of California Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,217

Year Built

  • Built in 2018

Lot Details

  • 5,400 Sq Ft Lot
  • 1 Common Wall
  • Landscaped

Parking

  • 2 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Duplex
  • Turnkey

Interior Spaces

  • 3,709 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Gas Range

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Eco-Friendly Details

  • ENERGY STAR Qualified Appliances
  • Energy-Efficient HVAC
  • Solar Power System

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • ENERGY STAR Qualified Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, telephone, trash collection
  • Tax Lot 37
  • Tax Tract Number 2328
  • Assessor Parcel Number 5110029004

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $86,400
  • Net Operating Income $86,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,217

Year Built

Built in 2018

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Price Per Unit: 575000
  • Property Attached: Yes
  • Zoning: R2
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5110029004
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 296.58
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Gas Range
  • Heating Type: Central, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Green Features

  • Efficiency: Appliances, HVAC, Water Heater, Windows
  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 5400.00
  • Lot Size Acres: 0.1240

Rental Info

  • Tenant Pays: Cable TV, Electricity, Telephone, Trash Collection

Multi Family

  • Gross Income: 86400.00
  • Gross Scheduled Income: 86400.00
  • Lot Size Area: 5400.0000 Square Feet
  • Net Operating Income: 86400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 37
  • Tax Tract Number: 2328

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2021
Closed on
Oct 12, 2021
Sold by
Oakbrook Ventures Llc
Bought by
Fitzpatrick Michael Blaine and Fitzpatrick Sara Marie
Seller's Agent
Andy Zuppardo
Crystal View Realty
Buyer's Agent
Brian Davis
Douglas Elliman of California Inc.
List Price
$1,050,000
Sold Price
$1,100,000
Premium/Discount to List
$50,000
4.76%
Current Estimated Value
$1,289,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,960
Avg. Annual Appreciation
4.29%
Original Mortgage
$825,000
Outstanding Balance
$756,417
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$533,543

Purchase Details

Closed on
Mar 13, 2018
Sold by
Ocean Development Inc
Bought by
Oakbrook Ventures Llc

Purchase Details

Closed on
May 8, 2017
Sold by
Vargas Oscar and Vargas Andrea
Bought by
Ocean Development Inc

Purchase Details

Closed on
Feb 24, 2004
Sold by
Pimentel Ruben and Pimentel Gabriela
Bought by
Vargas Oscar and Vargas Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,700
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 1995
Sold by
Knowles Alvin and Johnson Alberta
Bought by
Pimentel Ruben and Pimentel Gabriela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,650
Interest Rate
7.25%
Mortgage Type
FHA
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
Fitzpatrick Michael Blaine $1,100,000 Lawyers Title Burbank
Oakbrook Ventures Llc $325,000 Lawyers Title
Ocean Development Inc $325,000 Lawyers Title
Vargas Oscar $206,000 Southland Title Company
Pimentel Ruben $90,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fitzpatrick Michael Blaine $825,000
Previous Owner Oakbrook Ventures Llc $480,500
Previous Owner Vargas Oscar $203,700
Previous Owner Pimentel Ruben $86,000
Previous Owner Pimentel Ruben $89,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $1,100,000 +4.8% $297 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
10/12/2021 10/12/21 For Sale $1,050,000 -- $283 / 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 $14,217 $1,167,328 $636,724 $530,604
2024 $14,217 $1,144,440 $624,240 $520,200
2023 $13,945 $1,122,000 $612,000 $510,000
2022 $13,300 $1,100,000 $600,000 $500,000
2021 $10,088 $819,918 $473,030 $346,888
2020 $10,186 $811,512 $468,180 $343,332
2019 $9,789 $795,600 $459,000 $336,600
2018 $4,160 $331,500 $265,200 $66,300
2016 $3,037 $247,404 $185,676 $61,728
2015 $2,993 $243,688 $182,887 $60,801
2014 $2,974 $236,000 $177,000 $59,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21226525

California Regional Multiple Listing Service (CRMLS)

APN: 5110-029-004