NOT LISTED FOR SALE

21920 Clarkdale Ave Hawaiian Gardens, CA 90716

Estimated Value: $836,306 - $1,041,000

4 Beds
3 Baths
2,009 Sq Ft
$455/Sq Ft Est. Value

Last Sold February 08, 2013

Last sale price $399,000 $199 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $5,461/month

68 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Tile Flooring
  • Artesia High School Rated A-
  • Laundry Room
  • 3-minute walk to Clarkdale Park

About This Home

As of February 2013

back to Market. Subject to cancellation of existing escrow. Excellent ABC School District for this newer 89 built duplex. Fenced property with wrought iron gate and upgraded garage door. High demand renting area and currently are all rented out. Lease will be expired in Dec 2012. Then it goes to month-to-month. Back unit will be out by Dec 10,2012. Buyer could live in one and rent the other unit to help in mortgage payment. This is an excellent investment opportunity for investors as well: 25% down at current low interest rate could make this a positive cash flow already. Take advantage of the low interest rate and opportunity now. Property will not last and this is a standard sale. No need to wait for lender approval! Local seller will response fast to your offer. Property profile shows total 3 bathrooms. There are 3.5 baths in the property. Property to be sold in "as-is" conditions. Buyer & Buyer's agent to verify all permits and conditions.

Last Agent to Sell the Property

Talia Lai

Pinnacle Real Estate Group License #01199730 Listed on: 01/19/2013

Pinnacle Real Estate Group

Last Buyer's Agent

Ping Lee

Calidad Realty License #01754674

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,238

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • 5,384 Sq Ft Lot
  • 1 Common Wall

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,009 Sq Ft Home
  • 2-Story Property
  • Panel Doors
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 149
  • Tax Tract Number 5552
  • Assessor Parcel Number 7068023030

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $480
  • Insurance Expense $511
  • Trash Expense $780
  • Water Sewer Expense $1,200
  • New Taxes Expense $4,988
  • Gross Income $2,690
  • Net Operating Income $23,312

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,238

Year Built

Built in 1989 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Price Per Unit: 199500
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 1200.00
  • Zoning: HGR2
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 7068023030
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Door Features: Panel Doors
  • Levels: Two
  • Price Per Square Foot: 198.61

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Trash Expense: 780.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 5384.00
  • Lot Size Acres: 0.1240

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 2690.00
  • Gross Scheduled Income: 32280.00
  • Insurance Expense: 511.00
  • Lot Size Area: 5384.0000 Square Feet
  • Net Operating Income: 23312.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 8000.00
  • Rent Control: No
  • Total Actual Rent: 2690.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 4988.00
  • Tax Area: 2525
  • Tax Lot: 149
  • Tax Tract Number: 5552
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2013
Sold by
Tian Pao Enterprise
Bought by
Maple Construction Llc
Current Estimated Value
$913,827

Purchase Details

Listed on
Jan 19, 2013
Closed on
Feb 1, 2013
Sold by
Ha Christine
Bought by
Tian Pao Enterprise
Seller's Agent
Talia Lai
Pinnacle Real Estate Group
Buyer's Agent
Ping Lee
Calidad Realty
List Price
$399,000
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%

Purchase Details

Closed on
Sep 9, 2011
Sold by
Elizarraraz Antonio
Bought by
Ha Christine

Purchase Details

Closed on
Jul 30, 2006
Sold by
Noriega Guillermina Elia
Bought by
Elizarraraz Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,980
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 20, 2006
Sold by
Noriega Angel
Bought by
Elizarraraz Antonio and Elizarraraz Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,980
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 31, 2003
Sold by
Noriega Jose
Bought by
Noriega Angel and Noriega Hilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,122
Interest Rate
5.79%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 25, 1997
Sold by
Noriega Hilda
Bought by
Noriega Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,236
Interest Rate
7.7%
Mortgage Type
FHA

Purchase Details

Closed on
May 15, 1997
Sold by
Cabrera Cora
Bought by
Noriega Angel and Noriega Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,236
Interest Rate
7.7%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Maple Construction Llc $399,000 None Available
Tian Pao Enterprise $399,000 Title 365
Ha Christine -- None Available
Elizarraraz Antonio -- Fidelity National Title Co
Elizarraraz Antonio -- Fidelity National Title Co
Noriega Angel -- --
Noriega Angel -- Old Republic Title Company
Noriega Jose -- Old Republic Title Company
Noriega Angel $169,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maple Construction Llc $1,000,000
Previous Owner Elizarraraz Antonio $117,980
Previous Owner Elizarraraz Antonio $471,920
Previous Owner Noriega Angel $164,122
Previous Owner Noriega Angl $170,604
Previous Owner Neil Iain A $484,250
Previous Owner Noriega Angel $165,236
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2013 02/08/13 Sold $399,000 0.0% $199 / Sq Ft
01/16/2013 01/16/13 Pending -- -- --
11/09/2012 11/09/12 For Sale $399,000 -- $199 / 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 $6,238 $489,107 $245,166 $243,941
2024 $6,238 $479,517 $240,359 $239,158
2023 $6,045 $470,116 $235,647 $234,469
2022 $5,956 $460,899 $231,027 $229,872
2021 $5,817 $451,863 $226,498 $225,365
2019 $5,689 $438,463 $219,781 $218,682
2018 $5,262 $429,867 $215,472 $214,395
2016 $5,051 $413,177 $207,106 $206,071
2015 $4,990 $406,972 $203,996 $202,976
2014 $4,902 $399,000 $200,000 $199,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS12138782

California Regional Multiple Listing Service (CRMLS)

APN: 7068-023-030