NOT LISTED FOR SALE

Estimated Value: $807,000 - $1,031,000

1 Bed
1 Bath
1,000 Sq Ft
$923/Sq Ft Est. Value

Last Sold October 03, 2022

Last sale price $550,000 $550 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,448/month

9 Days on Market

Highlights

  • No HOA
  • Accessibility Features
  • 1-Story Property
  • Laundry Room
  • No Heating
  • 5-minute walk to Joseph Balderrama Park

About This Home

As of October 2022

This duplex is part of a four plex. APN-148-152-10 & 148-152-09. MLS #NDP2207248 and NDP 2207249. Totally $1,500,000 for the four units. All units share a driveway and laundry. These properties are to be purchased together. Property is sold "AS IS" . All units are occupied with tenants. PLEASE DO NOT DISTURB TENANTS. Close to freeways, shopping and transportation. This property is large for easy parking or expansion.

Last Agent to Sell the Property

Pam Marie Thomas

Pam Marie Thomas, Broker License #01200782 Listed on: 07/09/2022

Pam Marie Thomas, Broker

Last Buyer's Agent

Nancy Peckham

Century 21-Alpha License #01294669

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,340

Year Built

  • Built in 1958

Lot Details

  • 6,883 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre
  • 148-152-09-00 listing NDP2207249. Total for 4plex is $1,500,000.

Home Design

  • Property Attached

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 3 Open Parking Spaces
  • 6 Parking Spaces
  • 3 Carport Spaces

Additional Features

  • Accessibility Features
  • Exterior Lighting
  • No Heating

Listing and Financial Details

  • Tax Lot 1%
  • Tax Tract Number 186
  • Assessor Parcel Number 1481521000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $783
  • New Taxes Expense $7,500
  • Operating Expense $8,293
  • Gross Income $13,907
  • Net Operating Income $13,907

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,340

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 1.00
  • Price Per Unit: 375000
  • Property Attached: Yes
  • View: No
  • Zoning: R-3 restricted multiple
  • Property Type: Residential Income
  • Parcel Number: 1481521000
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Accessibility Features: Disability Features
  • Appliances: No
  • Price Per Square Foot: 550.00

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: No
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Community
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 148-152-09-00 listing NDP2207249. Total for 4plex is $1,500,000.
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 6883
  • Lot Size Sq Ft: 6883.00
  • Lot Size Acres: 0.1580

Multi Family

  • Average1 Bed Area: 500
  • Gross Income: 13907.00
  • Gross Scheduled Income: 1850.00
  • Insurance Expense: 783.00
  • Lot Size Area: 6883.0000 Square Feet
  • Net Operating Income: 13907.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 8293.00
  • Rent Control: No
  • Total Actual Rent: 1850.00
  • Total Expenses: 8293.00

Tax Info

  • New Taxes Expense: 7500.00
  • Tax Lot: 1%
  • Tax Tract Number: 186.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2022
Closed on
Sep 7, 2022
Sold by
Gosting Family Trust and Gosting George G
Bought by
Boardwalk Holdings Llc
Seller's Agent
Pam Marie Thomas
Pam Marie Thomas, Broker
Buyer's Agent
Nancy Peckham
Century 21-Alpha
List Price
$750,000
Sold Price
$550,000
Premium/Discount to List
-$200,000
-26.67%
Views
2
Current Estimated Value
$923,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,432
Avg. Annual Appreciation
15.28%
Original Mortgage
$585,800
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 1998
Sold by
Gosting George G
Bought by
Gosting George G and Gosting Loretta M
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
Boardwalk Holdings Llc $550,000 California Title Company
Gosting George G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boardwalk Holdings Llc $546,000
Closed Boardwalk Holdings Llc $585,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2022 10/03/22 Sold $550,000 -26.7% $550 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
07/09/2022 07/09/22 For Sale $750,000 -- $750 / 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 $6,340 $768,220 $499,392 $268,828
2024 $6,340 $561,000 $489,600 $71,400
2023 $6,146 $550,000 $480,000 $70,000
2022 $1,444 $124,219 $71,780 $52,439
2021 $1,450 $121,784 $70,373 $51,411
2020 $1,407 $120,536 $69,652 $50,884
2019 $1,368 $118,174 $68,287 $49,887
2018 $1,353 $115,858 $66,949 $48,909
2017 $70 $113,587 $65,637 $47,950
2016 $1,286 $111,360 $64,350 $47,010
2015 $1,250 $109,688 $63,384 $46,304
2014 $1,204 $107,540 $62,143 $45,397
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2207248

California Regional Multiple Listing Service (CRMLS)

APN: 148-152-10