NOT LISTED FOR SALE

Estimated Value: $568,000 - $775,000

5 Beds
2 Baths
1,070 Sq Ft
$642/Sq Ft Est. Value

Last Sold March 17, 2017

Last sale price $430,000 $402 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,263/month

12 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Zoned Cooling
  • Contemporary Architecture
  • Laundry Room
  • Security Fence

About This Home

As of March 2017

This is a completely remodeled 2 unit property. Everything has been upgraded including new kitchens, bathrooms, bedrooms, floors, doors, paint inside out. Property is in excellent move in condition. Front unit is a 3Bed 1Bath and back unit is a 2Bed 1Bath.

Last Agent to Sell the Property

MARVIN RINGLING

PLATINUM REALTY & MORTGAGE License #00349868 Listed on: 12/15/2016

Last Buyer's Agent

Jorg Locker

RealtyNet License #01312570

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,298

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 5,401 Sq Ft Lot
  • 1 Common Wall
  • Security Fence
  • Wrought Iron Fence
  • Electric Fence
  • Fence is in excellent condition
  • Back and Front Yard

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Automatic Gate

Home Design

  • Contemporary Architecture
  • Property Attached
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Stucco

Interior Spaces

  • 1,070 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Center Hall

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Location

  • Urban Location

Utilities

  • Zoned Cooling
  • Heating System Uses Natural Gas
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 53
  • Tax Tract Number 1
  • Assessor Parcel Number 6053013048

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,800
  • Insurance Expense $540
  • Trash Expense $360
  • Water Sewer Expense $960
  • New Taxes Expense $4,620
  • Operating Expense $8,880
  • Net Operating Income $38,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,298

Year Built

Built in 1923 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Automatic Gate
  • Water Sewer Expenses: 960.00
  • Architectural Style: Contemporary
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 6053013048
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Open Floorplan
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Vinyl
  • Levels: One
  • Price Per Square Foot: 401.87
  • Room Type: All Bedrooms Down, Center Hall

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Electric, Excellent Condition, Security, Wrought Iron
  • Pool Private: No
  • Spa: No
  • Construction Materials: Drywall Walls, Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Driveway, Concrete, Garage Faces Side, Garage Door Opener
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: Common Area, Gas & Electric Dryer Hookup
  • Sewer: Sewer Paid
  • Trash Expense: 360.00
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5401.00

Multi Family

  • Electric Expense: 1800.00
  • Gross Scheduled Income: 38400.00
  • Insurance Expense: 540.00
  • Net Operating Income: 38000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 400.00
  • Rent Control: Yes
  • Total Expenses: 8880.00

Tax Info

  • New Taxes Expense: 4620.00
  • Tax Lot: 53
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2019
Sold by
Chilin Hirian G
Bought by
Chilin Hirian G and Cornejo Rubi Esperanza
Current Estimated Value
$687,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,735
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 5, 2017
Sold by
Caceres Jose Antonio Sarria
Bought by
Chilin Hirian G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,211
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 29, 2015
Closed on
Nov 9, 2015
Sold by
Jimenez Maria
Bought by
Caceres Jose Antonio Sarria
Seller's Agent
MARVIN RINGLING
PLATINUM REALTY & MORTGAGE
Buyer's Agent
MARVIN RINGLING
PLATINUM REALTY & MORTGAGE
List Price
$250,000
Sold Price
$248,000
Premium/Discount to List
-$2,000
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.82%

Purchase Details

Closed on
Dec 14, 2004
Sold by
Meridian Investments
Bought by
Jimenez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
7.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2004
Sold by
Real Estate Acquisitions Co Llc
Bought by
Meridian Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,500
Interest Rate
5.92%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 29, 2004
Sold by
Williams Gloria and Brown Tracy L
Bought by
Williams Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,500
Interest Rate
5.92%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 26, 2004
Sold by
Williams Gloria
Bought by
Real Estate Acquisitions Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,500
Interest Rate
5.92%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 5, 1993
Sold by
Williams Gloria
Bought by
Williams Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.81%
Source: Public Records

Range of Values:

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Average Value
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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
Chilin Hirian G -- Pacific Coast Title
Chilin Hirian G $430,000 Provident Title Company
Caceres Jose Antonio Sarria $248,000 Provident Title Company
Caceres Jose Antonio Sarria -- Provident Title Company
Jimenez Maria $415,000 North American Title Co
Meridian Investments Llc -- Fidelity Long Beach
Williams Gloria -- Fidelity Long Beach
Real Estate Acquisitions Co Llc $175,500 Fidelity Long Beach
Williams Gloria -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chilin Hirian G $472,120
Closed Chilin Hirian G $449,735
Previous Owner Chilin Hirian G $422,211
Previous Owner Jimenez Maria $324,000
Previous Owner Meridian Investments Llc $234,500
Previous Owner Real Estate Acquisitions Co Llc $168,700
Previous Owner Williams Gloria $57,000
Closed Jimenez Maria $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2017 03/17/17 Sold $430,000 +2.4% $402 / Sq Ft
12/27/2016 12/27/16 Pending -- -- --
12/15/2016 12/15/16 For Sale $420,000 +69.4% $393 / Sq Ft
12/09/2015 12/09/15 Sold $248,000 -0.8% $232 / Sq Ft
07/10/2015 07/10/15 Pending -- -- --
06/29/2015 06/29/15 For Sale $250,000 -- $234 / 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 $6,298 $499,045 $232,114 $266,931
2024 $6,298 $489,261 $227,563 $261,698
2023 $6,178 $479,668 $223,101 $256,567
2022 $5,900 $470,264 $218,727 $251,537
2021 $5,825 $461,044 $214,439 $246,605
2019 $5,653 $447,372 $208,080 $239,292
2018 $5,537 $438,600 $204,000 $234,600
2016 $3,301 $248,000 $160,000 $88,000
2015 $6,077 $481,316 $336,343 $144,973
2014 $6,101 $471,889 $329,755 $142,134
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16763514

California Regional Multiple Listing Service (CRMLS)

APN: 6053-013-048