NOT LISTED FOR SALE

Estimated Value: $1,028,079 - $1,264,000

8 Beds
5 Baths
3,424 Sq Ft
$348/Sq Ft Est. Value

Last Sold September 29, 2016

Last sale price $675,000 $197 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $7,449/month

67 Days on Market

Highlights

  • Craftsman Architecture
  • Fireplace in Kitchen
  • No HOA
  • Woodrow Wilson High School Rated A
  • Property is near public transit
  • Family Room

About This Home

As of September 2016

Excellent opportunity to live in one unit then let tenants pay your mortgage. This property would be a great addition to your property portfolio. Centrally located close to shops, restaurants, parks, libraries, freeways, and schools, make this property a must have property. Front building is a 2 stories with 2 units - each with 2 bedrooms & 1 bathroom. The Middle unit is a 1 bedroom & 1 bath unit. The rear building is a 2 stories building with 3 bedrooms & 1 bath. Sold in "As-Is" condition. Information is deemed reliable. Buyer and agent to do due diligence and verify all information.

Last Agent to Sell the Property

Dara Chay

Sky View Real Estate License #01217793 Listed on: 07/08/2016

Last Buyer's Agent

Steve Vong

First American Team Realty Inc License #01273285

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,469

Year Built

  • Built in 1962

Lot Details

  • 6,495 Sq Ft Lot
  • 1 Common Wall
  • Chain Link Fence
  • Paved or Partially Paved Lot
  • Level Lot
  • Front Yard

Parking

  • 4 Car Garage

Home Design

  • Craftsman Architecture
  • Property Attached
  • Wood Product Walls
  • Interior Block Wall
  • Frame Construction
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,424 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Gas Fireplace
  • Entryway
  • Family Room
  • Living Room with Fireplace

Kitchen

  • Gas Range
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Fireplace in Patio
  • Outdoor Fireplace

Location

  • Property is near public transit

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Satellite Dish
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 3 / B
  • Tax Tract Number 5751
  • Assessor Parcel Number 7260020003

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $150
  • Insurance Expense $1,207
  • Maintenance Expense $2,500
  • Water Sewer Expense $3,360
  • New Taxes Expense $9,550
  • Gross Income $5,800
  • Net Operating Income $29,254

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,469

Year Built

Built in 1962

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Other Phone Description: Cell
  • Other Phone Number: 562-761-2777
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 3360.00
  • Zoning: LBR2N
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • Parcel Number: 7260020003
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Block Walls, Wood Product Walls
  • Stories: 2
  • Entry Location: Ground Level No Steps,Other
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Carpet
  • Appliances: Yes
  • Fireplace Features: Electric, Gas, Kitchen, Living Room, Outside, Patio
  • Levels: Two
  • Price Per Square Foot: 197.14
  • Room Type: Entry, Family Room

Exterior Features

  • Exterior Features: Satellite Dish, TV Antenna
  • Fencing: Chain Link
  • Pool Private: No
  • Spa: No
  • Construction Materials: Frame, Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Phone Connected
  • Heating: Yes
  • Appliances: Disposal, Gas Range
  • Heating Type: Natural Gas, Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level with Street, Paved, Near Public Transit
  • Lot Size Sq Ft: 6495.00
  • Price Per Lot Square Foot: 117.89

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 550
  • Average2 Bed Area: 900
  • Average3 Bed Area: 1100
  • Electric Expense: 150.00
  • Gross Income: 5800.00
  • Gross Multiplier: 11.00
  • Gross Scheduled Income: 46464.00
  • Insurance Expense: 1207.00
  • Maintenance Expense: 2500.00
  • Net Operating Income: 29254.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 17210.00
  • Rent Control: No
  • Total Actual Rent: 3872.00

Tax Info

  • New Taxes Expense: 9550.00
  • Tax Block: B
  • Tax Lot: 3
  • Tax Tract Number: 5751

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2017
Sold by
Him Elizabeth
Bought by
Wilson Steven and Him Kea
Current Estimated Value
$1,190,770

Purchase Details

Closed on
Sep 29, 2017
Sold by
Wilson Steven and Him Kea
Bought by
Him Elizabeth

Purchase Details

Listed on
Jul 8, 2016
Closed on
Sep 14, 2016
Sold by
Tan Danny S and Tan Amanda L
Bought by
Wilson Steven and Him Kea
Seller's Agent
Dara Chay
Sky View Real Estate
Buyer's Agent
Steve Vong
First American Team Realty Inc
List Price
$765,700
Sold Price
$675,000
Premium/Discount to List
-$90,700
-11.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%

Purchase Details

Closed on
Mar 16, 2013
Sold by
Ly Por and Tan Amanda L
Bought by
Tan Amanda L and Tan Danny S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2001
Sold by
Ly Ly Por Por and Ly Por
Bought by
Ly Por and Tan Amanda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
6.57%

Purchase Details

Closed on
Dec 26, 1993
Sold by
Fidelity Federal Bank Fsb
Bought by
Long Vandy Yin and Lam Kim Yi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Him Elizabeth -- None Available
Wilson Steven $675,000 Chicago Title Company
Tan Amanda L -- Lsi
Long Vandy Yin $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tan Amanda L $300,000
Previous Owner Ly Por $217,000
Previous Owner Long Vandy Yin $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2016 09/29/16 Sold $675,000 -11.8% $197 / Sq Ft
07/08/2016 07/08/16 For Sale $765,700 -- $224 / 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 $10,469 $783,390 $435,217 $348,173
2024 $10,469 $768,031 $426,684 $341,347
2023 $10,291 $752,972 $418,318 $334,654
2022 $9,675 $738,209 $410,116 $328,093
2021 $9,469 $723,735 $402,075 $321,660
2020 $9,444 $716,595 $397,953 $318,642
2019 $9,335 $702,550 $390,150 $312,400
2018 $9,002 $688,780 $382,500 $306,280
2017 $8,907 $675,000 $375,000 $300,000
2016 $6,603 $517,083 $284,548 $232,535
2015 $6,347 $509,317 $280,274 $229,043
2014 $6,319 $499,341 $274,784 $224,557
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16147939

California Regional Multiple Listing Service (CRMLS)

APN: 7260-020-003