NOT LISTED FOR SALE

Estimated Value: $964,000 - $1,233,507

8 Beds
4 Baths
3,988 Sq Ft
$274/Sq Ft Est. Value

Sale Details

Date Sold: August 18, 2022

Last sale price $910,000 $228 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,822 / mo

12 Days on Market

Highlights

  • City Lights View
  • Main Floor Primary Bedroom
  • High Ceiling
  • Open Floorplan
  • Mediterranean Architecture
  • Granite Countertops

About This Home

As of August 2022

INVESTORS GREAT INCOME PROPERTY. This is a NEWER 2009 construction Duplex with livable total area of 3988 square feet. This Duplex consist of a total of 8 bedrooms and 4 bathrooms each unit has their own washer and dryer hookups. Unit 1 is upstairs as a 4 bedroom 2 bathroom, and the 2nd unit is downstairs also a 4 bedroom 2 bathroom. Property includes 4 parking spaces located at the rear end of this property and also has a detached garage for 2 additional cars. There is access to the parking from the front of the property or the rear, featuring 2 access available. This property has a lot size of 5,127 SQ FT with livable 3,988 SQ FT. The units are beautiful inside with fantastic amenities such as custom cabinets, Granite countertops, Dual-glaze windows, recessed lights, ample closet space, Washer and Dryer hookups, Central forced air Heat. A fantastic income property for investors. LOW Maintenance- TENANTS PAY ALL UTILITIES - Separate Water, Gas & Electric Meters for each unit. A pristine property that will not last long. Both units consist of 4 bedrooms and 2 bathrooms as well as a laundry room with washer and dryer hookups on each level. There is a front gated grassed area as well as a long driveway for relaxing and family fun. By appointment only, do not bother tenants, do not step onto property without agent consent. Current tenants are not section 8, each unit pays $2,850. One Unit will be delivered vacant at the close of escrow. The property does qualify for section 8. No RENT CONTROL. Located close to freeways, schools, shopping and public transportation nearby.

Last Agent to Sell the Property

Luis Gonzalez

Vista Sotheby’s International Realty License #01137141 Listed on: 06/07/2022

Last Buyer's Agent

Luis Gonzalez

Vista Sotheby’s International Realty License #01137141 Listed on: 06/07/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2009

Lot Details

  • 5,129 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Wood Fence
  • Chain Link Fence
  • Level Lot
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Driveway Level
  • Parking Lot

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Duplex
  • Mediterranean Architecture
  • Turnkey
  • Fire Rated Drywall
  • Tile Roof
  • Pre-Cast Concrete Construction
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,988 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Living Room
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors swing in
  • Accessible Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 17
  • Tax Tract Number 10420
  • Assessor Parcel Number 6052009017

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $2,400
  • Insurance Expense $2,500
  • Operating Expense $4,900
  • Gross Income $68,400
  • Net Operating Income $63,500

Property Details

Home Type

Multi-Family

Year Built

Built in 2009

Lot Details

5,129 Sq Ft Lot

Parking

2

Listing Details

  • CapRate: 7.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 6052009017
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Interior Amenities: Crown Molding, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Unfurnished
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Accessibility Features: Doors - Swing In, Parking
  • Price Per Square Foot: 228.18
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Concrete Perimeter
  • View: City Lights, Neighborhood
  • Fence: Yes
  • Fencing: Chain Link, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Paved, Driveway Level, Garage, Garage Faces Rear, Garage - Single Door, Parking Space, Private
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Lawn, Level with Street, Yard
  • Lot Size Sq Ft: 5129.00
  • Lot Size Acres: 0.1177

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 68400.00
  • Gross Scheduled Income: 68400.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 5129.0000 Square Feet
  • Net Operating Income: 63500.00
  • 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: 4900.00
  • Rent Control: No
  • Total Expenses: 4900.00

Tax Info

  • Tax Lot: 17
  • Tax Tract Number: 10420

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2023
Sold by
Ramirez Mildred
Bought by
Mildred Ramirez Living Trust and Ramirez
Current Estimated Value
$1,091,877

Purchase Details

Listed on
Jun 7, 2022
Closed on
Aug 3, 2022
Sold by
Archila Casasola Natanael
Bought by
Ramirez Mildred and Gomez Roberto
Seller's Agent
Luis Gonzalez
Vista Sotheby’s International Realty
Buyer's Agent
Luis Gonzalez
Vista Sotheby’s International Realty
List Price
$898,000
Sold Price
$910,000
Premium/Discount to List
$12,000
1.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%
Original Mortgage
$893,517
Interest Rate
5.3%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 19, 2018
Closed on
Jan 3, 2019
Sold by
Riverbrook Llc
Bought by
Archila Casasola Natanael and Luquin Socorro
Seller's Agent
Tejinder Singh
Gold Team Realty
Buyer's Agent
Luis Gonzalez
Vista Sotheby’s International Realty
List Price
$749,000
Sold Price
$725,000
Premium/Discount to List
-$24,000
-3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$711,868
Interest Rate
4.99%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 9, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Riverbrook Llc

Purchase Details

Closed on
Sep 9, 2008
Sold by
Sanchez Christina and Sanchez Francisco J
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 17, 2007
Sold by
Sanchez Francisco J and Sanchez Christina
Bought by
Sanchez Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2003
Sold by
Sanchez Francisco and Sanchez Bertha
Bought by
Sanchez Francisco J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mildred Ramirez Living Trust -- None Listed On Document
Ramirez Mildred -- None Listed On Document
Ramirez Mildred $910,000 Chicago Title
Archila Casasola Natanael $725,000 Ticor Title Natl Com Svcs
Riverbrook Llc $113,000 Lsi Title
Federal Home Loan Mortgage Corporation $253,831 Accommodation
Sanchez Christina -- United Title
Sanchez Francisco J -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramirez Mildred $893,517
Previous Owner Archila Casasola Natanael $711,868
Previous Owner Sanchez Christina $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2022 08/18/22 Sold $910,000 +1.3% $228 / Sq Ft
07/29/2022 07/29/22 Price Changed $898,000 0.0% $225 / Sq Ft
06/19/2022 06/19/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $898,000 -1.3% $225 / Sq Ft
06/07/2022 06/07/22 Off Market $910,000 -- --
06/07/2022 06/07/22 For Sale $898,000 +23.9% $225 / Sq Ft
03/01/2019 03/01/19 Sold $725,000 -3.2% $182 / Sq Ft View Prior Sale
12/08/2018 12/08/18 Pending -- -- --
09/19/2018 09/19/18 For Sale $749,000 -- $188 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,918 $954,788 $546,783 $408,005
2024 $11,918 $936,067 $536,062 $400,005
2023 $11,515 $910,000 $400,000 $510,000
2022 $9,554 $762,102 $341,632 $420,470
2021 $9,419 $747,160 $334,934 $412,226
2020 $9,507 $739,500 $331,500 $408,000
2019 $7,111 $130,443 $130,443 $0
2018 $2,106 $127,886 $127,886 $0
2016 $1,928 $122,921 $122,921 $0
2015 $1,899 $121,075 $121,075 $0
2014 $1,913 $118,704 $118,704 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22122306

California Regional Multiple Listing Service (CRMLS)

APN: 6052-009-017

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