NOT LISTED FOR SALE

Estimated Value: $1,757,000 - $2,176,000

6 Beds
5 Baths
2,748 Sq Ft
$738/Sq Ft Est. Value

Last Sold April 12, 2021

Last sale price $1,743,500 $634 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $12,404/month

4 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Laundry Room
  • Madison Elementary School Rated A+
  • Living Room
  • Ceiling Fan

About This Home

As of April 2021

The perfect turnkey investment property! This well maintained triplex is the ideal live in & rent out opportunity or would make a great family compound. Each unit has its own in-unit laundry and private outdoor space. The first unit is a charming, detached owners unit with 2 bedrooms, dining area, hardwood flooring, and a front & back yard. The two additional units are townhome-style with 2 bedrooms, dining area and private gated patios. The middle unit was recently upgraded with quartz countertops and laminate flooring. There is a 5 car garage plus additional parking spaces. Convenient location in close proximity to top shopping malls, restaurants, award-winning schools, beaches, and freeways. Great opportunity to own an investment property in a wonderful neighborhood!

Last Agent to Sell the Property

Sarah Saypack

Vista Sotheby’s International Realty License #01993214 Listed on: 03/04/2021

Vista Sotheby’s International Realty

Co-Listed By

Robert Depaoli

Compass License #01918925

Last Buyer's Agent

Tara Klein

Vista Sotheby’s International Realty License #01936331

Vista Sotheby’s International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 7,499 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Front Yard

Parking

  • 5 Car Garage
  • Parking Available

Home Design

  • Triplex
  • Turnkey

Interior Spaces

  • 2,748 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 22 / 98
  • Assessor Parcel Number 4155024020

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,970
  • Trash Expense $40
  • Water Sewer Expense $2,800
  • New Taxes Expense $19,999
  • Operating Expense $25,809
  • Gross Income $79,140
  • Net Operating Income $20,956

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

7,499 Sq Ft Lot

Parking

5

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 2800.00
  • Zoning: RBR-2
  • Property Condition: Turnkey
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 4155024020
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Levels: Two
  • Price Per Square Foot: 634.46
  • Room Type: Living Room

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 40.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7499.00
  • Lot Size Acres: 0.1722

Multi Family

  • Gross Income: 79140.00
  • Gross Operating Income: 68394.00
  • Gross Scheduled Income: 79140.00
  • Insurance Expense: 2970.00
  • Lot Size Area: 7499.0000 Square Feet
  • Net Operating Income: 20956.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 47437.00
  • Rent Control: No
  • Total Expenses: 25809.00

Tax Info

  • New Taxes Expense: 19999.00
  • Tax Block: 98
  • Tax Census Tract: 6205.22
  • Tax Lot: 22
  • Tax Tract Number: B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2019
Closed on
Nov 6, 2019
Sold by
Flanagan Joseph L and Flanagan Linda S
Bought by
Skora Jacob and Wada Amanda
Seller's Agent
David Caskey
eXp Realty of California Inc
Buyer's Agent
Robert Depaoli
Compass
List Price
$1,599,000
Sold Price
$1,599,000
Current Estimated Value
$2,027,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,883
Avg. Annual Appreciation
3.86%
Original Mortgage
$685,000
Outstanding Balance
$603,128
Interest Rate
3.75%
Estimated Equity
$1,424,755

Purchase Details

Closed on
Mar 4, 2019
Sold by
Brown Erin
Bought by
Brown Erin F and The Scott And Erin Brown Famil

Purchase Details

Closed on
Dec 11, 2018
Sold by
Flanagan Joseph L and Flanagan Patricia Von Struck T
Bought by
Flanagan Joseph L and Donatucci Colleen F

Purchase Details

Closed on
Oct 19, 2018
Sold by
Brwon Erin
Bought by
Brown Erin F and The Scott And Erin Brwon Famil

Purchase Details

Closed on
Apr 28, 2005
Sold by
Flanagan Joseph L
Bought by
Flanagan Joseph L and Flanagan Linda S

Purchase Details

Closed on
Feb 5, 2004
Sold by
Vonstuck Patricia Flanagan and Patricia Flanagan Von Stuck Tr
Bought by
Flanagan Joseph L and Donatucci Colleen F

Purchase Details

Closed on
Nov 6, 2003
Sold by
Vonstuck Patricia Flanagan and Patricia Flanagan Vonstuck Tru
Bought by
Flanagan Joseph L and Donatucci Colleen F

Purchase Details

Closed on
Jul 28, 1999
Sold by
Dehart Dale and The Dehart 1995 Living Trust A
Bought by
Vonstuck Patricia Flanagan and The Patricia Flanagan Vonstuck

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.47%

Purchase Details

Closed on
Jul 19, 1999
Sold by
Vonstuck G Harvey
Bought by
Vonstuck Patricia Flanagan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.47%

Purchase Details

Closed on
Jun 1, 1995
Sold by
Dehart Dale
Bought by
Dehart Dale Rene
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Skora Jacob $1,599,000 Usa National Title Company
Flanagan Joseph L -- Usa National Title Company
Brown Erin F -- None Available
Flanagan Joseph L -- None Available
Brown Erin F -- None Available
Flanagan Joseph L -- --
Flanagan Joseph L -- --
Flanagan Joseph L -- --
Vonstuck Patricia Flanagan $394,500 Provident Title Company
Vonstuck Patricia Flanagan -- --
Dehart Dale Rene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skora Jacob $685,000
Previous Owner Vonstuck Patricia Flanagan $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2021 04/12/21 Sold $1,743,500 -0.1% $634 / Sq Ft
03/04/2021 03/04/21 For Sale $1,745,000 +9.1% $635 / Sq Ft
12/05/2019 12/05/19 Sold $1,599,000 0.0% $582 / Sq Ft View Prior Sale
11/02/2019 11/02/19 Off Market $1,599,000 -- --
10/28/2019 10/28/19 For Sale $1,599,000 -- $582 / 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 $22,221 $1,849,684 $1,167,328 $682,356
2024 $22,221 $1,813,417 $1,144,440 $668,977
2023 $21,819 $1,777,860 $1,122,000 $655,860
2022 $21,786 $1,777,860 $1,122,000 $655,860
2021 $19,795 $1,615,565 $1,010,360 $605,205
2020 $19,751 $1,599,000 $1,000,000 $599,000
2019 $8,880 $629,231 $401,030 $228,201
2018 $8,539 $616,894 $393,167 $223,727
2016 $8,215 $592,941 $377,900 $215,041
2015 $8,080 $584,035 $372,224 $211,811
2014 $7,965 $572,595 $364,933 $207,662
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21041772

California Regional Multiple Listing Service (CRMLS)

APN: 4155-024-020

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