NOT LISTED FOR SALE

21808 Seine Ave Hawaiian Gardens, CA 90716

Estimated Value: $776,000 - $1,066,000

4 Beds
2 Baths
1,630 Sq Ft
$564/Sq Ft Est. Value

Last Sold February 13, 2018

Last sale price $640,000 $393 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,721/month

98 Days on Market

Highlights

  • Newly Remodeled
  • Open Floorplan
  • Private Yard
  • Artesia High School Rated A-
  • Granite Countertops
  • 4-minute walk to Clarkdale Park

About This Home

As of February 2018

BACK ON THE MARKET - NEW CONSTRUCTION!! Excellent opportunity to purchase 2 beautifully remodeled separate homes. These homes were stripped down and were completely reconstructed with new plumbing,drywall, electrical wiring, upgraded panels, flooring, paint, windows, kitchen, baths and much much more. All construction was properly completed with permits. This uniquely designed property offers each home their own extra long driveway, garage and own yard. Run don't walk to this unique purchase opportunity.
INVESTORS, if you are looking for an excellent return then look no more. The property offers high income with little expenses. Each home has its own meter for water, gas and electricity. Only owner expenses are taxes, insurance and gardener. This property offers an ideal location close to major freeways, shopping and the Hawaiian Gardens Casino and Bingo Club who are major employers for residents.

Last Agent to Sell the Property

George Sanabria

George Sanabria License #01270092 Listed on: 09/10/2017

Last Buyer's Agent

Philip Alvarez

Cypress Realty Group, Inc License #01104703

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,023

Year Built

  • Built in 1959 | Newly Remodeled

Lot Details

  • 8,161 Sq Ft Lot
  • No Common Walls
  • Private Yard
  • Front Yard

Parking

  • 2 Car Direct Access Garage
  • 6 Open Parking Spaces
  • Parking Available
  • Side Facing Garage
  • Single Garage Door
  • Driveway

Home Design

  • Bungalow
  • Turnkey
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,630 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • ENERGY STAR Qualified Doors
  • Granite Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry in Kitchen
  • Gas And Electric Dryer Hookup

Utilities

  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • Two Homes on a Lot
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, water
  • Tax Lot 01
  • Tax Tract Number 1
  • Assessor Parcel Number 7068005035

Community Details

Overview

  • 3 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $600
  • Insurance Expense $1,000
  • New Taxes Expense $7,500
  • Operating Expense $9,100
  • Gross Income $48,000
  • Net Operating Income $37,460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,023

Year Built

Built in 1959 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 5.77
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: HGR2*
  • Architectural Style: Bungalow
  • New Construction: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7068005035
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full, Granite Counters, Open Floorplan
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Door Features: ENERGY STAR Qualified Doors
  • Levels: One
  • Price Per Square Foot: 392.64
  • Window Features: ENERGY STAR Qualified Windows

Exterior Features

  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Direct Garage Access, Garage Faces Side, Garage - Single Door
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage, In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Yard
  • Lot Size Sq Ft: 8161.00

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Water

Multi Family

  • Average2 Bed Area: 830 Square Feet
  • Gross Income: 48000.00
  • Gross Multiplier: 13.20
  • Gross Operating Income: 46560.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 37460.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 9100.00
  • Rent Control: No
  • Total Expenses: 9100.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 7500.00
  • Tax Census Tract: 5552.11
  • Tax Lot: 01
  • Tax Tract Number: 0001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2020
Sold by
Ruff Thomas H and Thomas H Ruff Revocable Trust
Bought by
Ruff Thomas H
Current Estimated Value
$918,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,500
Outstanding Balance
$332,821
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$508,353

Purchase Details

Listed on
Sep 10, 2017
Closed on
Jan 24, 2018
Sold by
Ruff Thomas H
Bought by
Propert Ruff Thomas H and Propert Thomas H Ruff Separate
Seller's Agent
George Sanabria
George Sanabria
Buyer's Agent
Philip Alvarez
Cypress Realty Group, Inc
List Price
$649,000
Sold Price
$640,000
Premium/Discount to List
-$9,000
-1.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%
Original Mortgage
$370,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 10, 2017
Closed on
Dec 19, 2017
Sold by
Sokha International Llc
Bought by
Ruff Thomas H
Seller's Agent
George Sanabria
George Sanabria
Buyer's Agent
Philip Alvarez
Cypress Realty Group, Inc
List Price
$649,000
Sold Price
$640,000
Premium/Discount to List
-$9,000
-1.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2016
Sold by
Eglin Christina R and Sheila Blair Revocable Trust
Bought by
Sokha International Llc

Purchase Details

Closed on
May 3, 2004
Sold by
Blair Sheila
Bought by
Blair Sheila and Sheila Blair Revocable Living
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
Ruff Thomas H -- Timios Title A Ca Corp
Propert Ruff Thomas H -- Chicago Title Company
Ruff Thomas H $640,000 Chicago Title Company
Sokha International Llc $325,000 Chicago Title Company
Blair Sheila -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruff Thomas H $374,500
Previous Owner Ruff Thomas H $370,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2018 02/13/18 Sold $640,000 -1.4% $393 / Sq Ft
12/17/2017 12/17/17 Pending -- -- --
12/01/2017 12/01/17 For Sale $649,000 +1.4% $398 / Sq Ft
11/10/2017 11/10/17 Off Market $640,000 -- --
09/10/2017 09/10/17 For Sale $649,000 -- $398 / 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 $9,023 $728,206 $455,130 $273,076
2024 $9,023 $713,928 $446,206 $267,722
2023 $8,756 $699,930 $437,457 $262,473
2022 $8,515 $686,207 $428,880 $257,327
2021 $8,499 $672,753 $420,471 $252,282
2020 $8,255 $665,856 $416,160 $249,696
2019 $8,136 $652,800 $408,000 $244,800
2018 $4,189 $331,500 $306,000 $25,500
2016 $2,752 $201,248 $87,499 $113,749
2015 $2,720 $198,226 $86,185 $112,041
2014 $2,685 $194,344 $84,497 $109,847
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17209443

California Regional Multiple Listing Service (CRMLS)

APN: 7068-005-035