NOT LISTED FOR SALE

Estimated Value: $744,000 - $903,000

6 Beds
4 Baths
2,931 Sq Ft
$281/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $770,000 $263 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,311/month

48 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Laundry Room

About This Home

As of April 2023

What a great buy! 4 units ideal for investors who is looking where to place their money and start collecting. Property is in great condition. Features 2 units, with 2-bedroom 1 bath each, and 2 with 1 bedroom 1 bath, total of 6 bedroom and 4 bathrooms. Total rents come around $4,000, have not been increased, is 100% rented, all units will be delivered with present tenants. each unit has a 1 car garage, and plenty of street parking. This is one of the lowest prices in the neighborhood, check comparable. SELLER is very motivated and willing to help with closing costs if need be.

Last Agent to Sell the Property

Marcelo Mena Chiriboga

Keller Williams Luxury License #02005579 Listed on: 01/10/2023

Keller Williams Luxury

Last Buyer's Agent

Mirian Duenas

Four Points Realty License #01238468

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,912

Year Built

  • Built in 1915

Lot Details

  • 5,130 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 4 Car Garage

Home Design

  • 2,931 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for exterior maintenance, gas
  • Tax Lot 134
  • Tax Tract Number 5
  • Assessor Parcel Number 6012002006
  • $473 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $50,400
  • Net Operating Income $50,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,912

Year Built

Built in 1915

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 192500
  • Property Attached: Yes
  • Zoning: LAR2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6012002006
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 262.71

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 5130.00
  • Lot Size Acres: 0.1178

Rental Info

  • Tenant Pays: Exterior Maintenance, Gas

Multi Family

  • Gross Income: 50400.00
  • Gross Scheduled Income: 50400.00
  • Lot Size Area: 5130.0000 Square Feet
  • Net Operating Income: 50400.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2393.10
  • Tax Lot: 134
  • Tax Tract Number: 5
  • TaxOtherAnnualAssessmentAmount: 473.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2023
Closed on
Mar 7, 2023
Sold by
Casio Edward
Bought by
Narez Alberto Pimentel
Seller's Agent
Marcelo Mena Chiriboga
Keller Williams Luxury
Buyer's Agent
Mirian Duenas
Four Points Realty
List Price
$770,000
Sold Price
$770,000
Views
78
Current Estimated Value
$823,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,120
Avg. Annual Appreciation
1.91%
Original Mortgage
$616,000
Outstanding Balance
$599,667
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$205,694

Purchase Details

Closed on
Oct 24, 2018
Sold by
Alvarez Molses
Bought by
Cosio Edward and Gallarzo Cartier Judge

Purchase Details

Listed on
Apr 17, 2015
Closed on
Sep 14, 2015
Sold by
Dealvarez Kenia Manzano
Bought by
Alvarez Moises
Seller's Agent
George Montoya
English Realty
Buyer's Agent
Sandra Orellana
Omega Home Realty
List Price
$449,000
Sold Price
$449,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$440,867
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 17, 2015
Closed on
Aug 5, 2015
Sold by
Montoya Filiberto E and Montoya Rosario
Bought by
Alvarez Moises
Seller's Agent
George Montoya
English Realty
Buyer's Agent
Sandra Orellana
Omega Home Realty
List Price
$449,000
Sold Price
$449,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,867
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 10, 2014
Sold by
Montoya Anahi
Bought by
Montoya Filiberto E and Montoya Rosario

Purchase Details

Closed on
Sep 1, 2006
Sold by
Montoya Anahi and Montoya Rosario A
Bought by
Montoya Anahi

Purchase Details

Closed on
Aug 10, 2001
Sold by
Lorenzana Edgardo
Bought by
Rosett Family Trust

Purchase Details

Closed on
Jan 28, 2000
Sold by
Jung Rosa M
Bought by
Lorenzana Edgardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
7.96%
Mortgage Type
Commercial

Purchase Details

Closed on
May 6, 1997
Sold by
Home Svgs Of America Fsb
Bought by
Jung Rosa Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,700
Interest Rate
8.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 19, 1997
Sold by
Roy Margaret F and Home Svgs Of America Fsb
Bought by
Home Svgs Of America Fsb
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
Narez Alberto Pimentel $770,000 Provident Title Company
Cosio Edward $90,000 First American Title Company
Alvarez Moises -- None Available
Alvarez Moises $449,000 Property Title Company
Montoya Filiberto E -- None Available
Montoya Anahi -- Accommodation
Rosett Family Trust $186,218 Orange Coast Title
Lorenzana Edgardo $180,000 --
Jung Rosa Maria $131,000 Investors Title Company
Home Svgs Of America Fsb $120,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Narez Alberto Pimentel $616,000
Previous Owner Casio Edward $200,000
Previous Owner Alvarez Moises $433,933
Previous Owner Alvarez Moises $440,867
Previous Owner Montoya Anahi $154,000
Previous Owner Montoya Rosario A $258,000
Previous Owner Montoya Rosario A $244,000
Previous Owner Lorenzana Edgardo $36,000
Previous Owner Lorenzana Edgardo $181,000
Previous Owner Jung Rosa Maria $91,700
Closed Lorenzana Edgardo $7,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $770,000 0.0% $263 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
01/10/2023 01/10/23 For Sale $770,000 +71.5% $263 / Sq Ft
09/18/2015 09/18/15 Sold $449,000 0.0% $153 / Sq Ft
07/30/2015 07/30/15 Pending -- -- --
04/17/2015 04/17/15 For Sale $449,000 -- $153 / 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 $9,912 $801,108 $520,200 $280,908
2024 $9,912 $785,400 $510,000 $275,400
2023 $7,041 $552,180 $375,269 $176,911
2022 $6,723 $541,354 $367,911 $173,443
2021 $6,628 $530,741 $360,698 $170,043
2020 $6,689 $525,300 $357,000 $168,300
2019 $6,516 $515,000 $350,000 $165,000
2018 $5,972 $467,139 $207,039 $260,100
2016 $5,689 $449,000 $199,000 $250,000
2015 $5,284 $415,000 $180,000 $235,000
2014 $3,076 $221,730 $113,276 $108,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23005217

California Regional Multiple Listing Service (CRMLS)

APN: 6012-002-006