NOT LISTED FOR SALE

Estimated Value: $2,467,000 - $2,594,000

9 Beds
9 Baths
5,400 Sq Ft
$468/Sq Ft Est. Value

Last Sold June 11, 2024

Last sale price $2,450,000 $454 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $15,293/month

14 Days on Market

Highlights

  • Laundry Room
  • Landscaped
  • 4-minute walk to Perry Park
  • Birney Elementary School Rated A+

About This Home

As of June 2024

2122 Huntington Lane presents an exceptional investment opportunity for potential buyers. This four-unit property boasts an impressive 5,400 square feet of living space, ensuring ample room in each unit.The owner's unit, (situated along Huntington) features three bedrooms plus a den and 2 1/2 baths. It includes two patios, laundry hookups, and vinyl plank flooring throughout.The remaining units consist of two bedrooms and two full bathrooms, a rarity as most similar units typically offer just one bathroom alongside a powder bath. All units have automatic garage clickers. Two of the units have undergone extensive remodeling, featuring updated windows, sliders, kitchen cabinets, and quartz countertops. The fourth unit also boasts updated kitchen and bathroom fixtures with quartz counters.The 4-unit is positioned on a corner street, natural light floods all four units, enhancing their appeal.

Last Agent to Sell the Property

Tony Altamura

S C Real Estate Brokerage Phone: 310-562-4131 License #01023273 Listed on: 04/22/2024

Co-Listed By

Vincenzo Altamura

S C Real Estate Brokerage Phone: 310-562-4131 License #01901957

Last Buyer's Agent

Yen Hua Wu

Redfin Corporation License #02017109

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,780

Year Built

  • Built in 1973

Lot Details

  • 7,501 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped

Parking

  • 6 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 5,400 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Additional Features

  • Urban Location
  • Private Water Source

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Legal Lot and Block 1 / 56
  • Tax Tract Number 6207
  • Assessor Parcel Number 4156024001
  • $1,607 per year additional tax assessments

Community Details

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $481
  • Fuel Expense $1,616
  • Gardener Expense $1,700
  • Insurance Expense $13,457
  • Maintenance Expense $10,200
  • Professional Management Expense $6,678
  • Trash Expense $2,944
  • Water Sewer Expense $4,233
  • Operating Expense $22,731
  • Gross Income $140,429
  • Net Operating Income $99,120

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,780

Year Built

Built in 1973

Lot Details

0

Parking

6

Listing Details

  • CapRate: 3.80
  • Price Per Unit: 650000
  • Professional Management Expense: 6678.00
  • Property Attached: Yes
  • Water Sewer Expenses: 4233.00
  • Zoning: RBR-2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1700.00
  • Parcel Number: 4156024001
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 453.70

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 2944.00
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 7501.00
  • Lot Size Acres: 0.1722
  • Latitude Manual: 33.86776900

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Electric Expense: 481.00
  • Fuel Expense: 1616.00
  • Gross Income: 140429.00
  • Gross Scheduled Income: 139800.00
  • Insurance Expense: 13457.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 629.00
  • Lot Size Area: 7501.0000 Square Feet
  • Maintenance Expense: 10200.00
  • Net Operating Income: 99120.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 41309.00
  • Rent Control: Yes
  • Total Actual Rent: 11650.00
  • Total Expenses: 22731.00

Tax Info

  • Tax Block: 56
  • Tax Census Tract: 6207.01
  • Tax Lot: 1
  • Tax Tract Number: 6207
  • TaxOtherAnnualAssessmentAmount: 1607.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
May 6, 2024
Sold by
Lina N Moy Trust and Moy Lina N
Bought by
Ouyang-Hsu Family Trust and Ouyang
Seller's Agent
Tony Altamura
S C Real Estate
Buyer's Agent
Yen Hua Wu
Redfin Corporation
List Price
$2,600,000
Sold Price
$2,450,000
Premium/Discount to List
-$150,000
-5.77%
Views
10
Current Estimated Value
$2,526,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,627
Avg. Annual Appreciation
2.42%
Original Mortgage
$1,200,000
Outstanding Balance
$1,184,081
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$1,342,546

Purchase Details

Closed on
Apr 5, 2023
Sold by
Moy Lina N
Bought by
Lina N Moy Trust

Purchase Details

Listed on
Jan 20, 2015
Closed on
May 6, 2015
Sold by
Asomugha Lilian I
Bought by
Moy Lawrence S and Moy Lina M
Seller's Agent
Frank Oti
Spec Homes REALTORS
Buyer's Agent
Giovanni Altamura
S C Real Estate
List Price
$1,699,000
Sold Price
$1,637,500
Premium/Discount to List
-$61,500
-3.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.26%
Original Mortgage
$1,100,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 17, 2009
Sold by
Asomugha Nnamdi O
Bought by
Noahs Dwelling Llc

Purchase Details

Closed on
Dec 18, 2006
Sold by
Asomugha Lilian I
Bought by
Asomugha Lilian I and Lilian Asomugha Living Trust 1994

Purchase Details

Closed on
Jul 10, 2006
Sold by
Lust Steve
Bought by
Asomugha Lilian and Asomugha Nnamdi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.37%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 24, 2003
Sold by
Lust Steven D
Bought by
Lust Steve and Tsuda Kesa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,000
Interest Rate
4.87%

Purchase Details

Closed on
Feb 23, 2001
Sold by
Lust Steven D
Bought by
Lust Steven D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.98%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 7, 1997
Sold by
Ferrin Ruben J
Bought by
Lust Steven D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
7.23%

Purchase Details

Closed on
Jan 27, 1995
Sold by
Ferrin Ruben J
Bought by
Ferrin Ruben J and Ferrin Ilse
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
Ouyang-Hsu Family Trust $2,450,000 Upward Title Company
Lina N Moy Trust -- None Listed On Document
Moy Lawrence S $1,637,500 Usa National Title Co
Noahs Dwelling Llc -- None Available
Asomugha Lilian I -- None Available
Asomugha Nnamdi O -- None Available
Asomugha Lilian $1,510,000 Lawyers Title Company
Lust Steve -- Stewart Title
Lust Steven D -- Continental Land Title
Lust Steven D $510,000 Southland Title
Ferrin Ruben J -- --
Ferrin Ruben J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ouyang-Hsu Family Trust $1,200,000
Previous Owner Moy Lawrence S $1,100,000
Previous Owner Asomugha Lilian $1,000,000
Previous Owner Lust Steve $319,000
Previous Owner Lust Steven D $125,000
Previous Owner Lust Steven D $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2024 06/11/24 Sold $2,450,000 -5.8% $454 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
04/22/2024 04/22/24 For Sale $2,600,000 0.0% $481 / Sq Ft
12/11/2017 12/11/17 Rented $2,400 -7.7% --
12/07/2017 12/07/17 Under Contract -- -- --
10/28/2017 10/28/17 For Rent $2,600 0.0% --
05/08/2015 05/08/15 Sold $1,637,500 -3.6% $304 / Sq Ft
03/23/2015 03/23/15 Pending -- -- --
01/20/2015 01/20/15 For Sale $1,699,000 -- $315 / 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 $22,780 $2,499,000 $1,705,440 $793,560
2024 $22,780 $1,929,432 $1,151,767 $777,665
2023 $22,365 $1,891,601 $1,129,184 $762,417
2022 $22,067 $1,854,512 $1,107,044 $747,468
2021 $21,538 $1,818,150 $1,085,338 $732,812
2019 $21,127 $1,764,925 $1,053,148 $711,777
2018 $20,542 $1,730,334 $1,032,499 $697,835
2016 $19,876 $1,662,471 $992,406 $670,065
2015 $20,020 $1,683,302 $1,460,351 $222,951
2014 -- $1,480,000 $1,281,000 $199,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24079377

California Regional Multiple Listing Service (CRMLS)

APN: 4156-024-001