NOT LISTED FOR SALE

22307 Juan Ave Hawaiian Gardens, CA 90716

Estimated Value: $683,000 - $720,000

4 Beds
2 Baths
1,368 Sq Ft
$509/Sq Ft Est. Value

Last Sold April 01, 2015

Last sale price $355,000 $260 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $4,248/month

13 Days on Market

Highlights

  • Mediterranean Architecture
  • No HOA
  • Tile Flooring
  • Artesia High School Rated A-
  • Laundry Room
  • 2 Car Garage

About This Home

As of April 2015

Great DUPLEX for sale! This duplex is located on a quiet, single-loaded street with plenty of parking. Each unit consists of 2 Bedrooms, 1 full bath, newer kitchens and bathrooms, remodeled within the last 5-6 years. Both units are occupied with great, long-term tenants. Units share a garage, backyard and laundry facilities (in garage). Exterior has been recently painted, 30-year roof was installed in 2013. Market rents are $1250, so good upside potential!

Last Agent to Sell the Property

Sara Samhat

Seven Gables Real Estate License #01351167 Listed on: 01/29/2015

Last Buyer's Agent

Chris Kim

Keller Williams Pacific Estate License #01752746

Keller Williams Pacific Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,420

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • 2,519 Sq Ft Lot
  • 1 Common Wall
  • Fence is in average condition

Parking

  • 2 Car Garage
  • Parking Available
  • Shared Driveway
  • Assigned Parking

Home Design

  • 1,368 Sq Ft Home
  • Mediterranean Architecture
  • Property Attached

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 30 / 3
  • Tax Tract Number 5552
  • Assessor Parcel Number 7069023024

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $100
  • Insurance Expense $1,200
  • Water Sewer Expense $130
  • New Taxes Expense $3,991
  • Net Operating Income $21,779

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,420

Year Built

Built in 1962 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Window Bars
  • View: No
  • Water Sewer Expenses: 130.00
  • Zoning: HGR2
  • Architectural Style: Mediterranean
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 7069023024
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Levels: Two
  • Price Per Square Foot: 259.50

Exterior Features

  • Fencing: Average Condition
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway, Garage, Shared Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 2519.00
  • Lot Size Acres: 0.0580

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 100.00
  • Gross Scheduled Income: 27120.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 2519.0000 Square Feet
  • Net Operating Income: 21779.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5341.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3991.00
  • Tax Block: 3
  • Tax Lot: 30
  • Tax Tract Number: 5552
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2015
Closed on
Mar 19, 2015
Sold by
Moua May M
Bought by
Liu Yiching Andrew
Seller's Agent
Sara Samhat
Seven Gables Real Estate
Buyer's Agent
Chris Kim
Keller Williams Pacific Estate
List Price
$369,000
Sold Price
$355,000
Premium/Discount to List
-$14,000
-3.79%
Current Estimated Value
$696,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,632
Avg. Annual Appreciation
6.55%
Original Mortgage
$348,570
Interest Rate
3.71%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 29, 2015
Closed on
Feb 13, 2015
Sold by
Liu Yiching Andrew
Bought by
Quan Long
Seller's Agent
Sara Samhat
Seven Gables Real Estate
Buyer's Agent
Chris Kim
Keller Williams Pacific Estate
List Price
$369,000
Sold Price
$355,000
Premium/Discount to List
-$14,000
-3.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,570
Interest Rate
3.71%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 27, 2004
Sold by
Puerta Herman
Bought by
Liu Yiching Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
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
Liu Yiching Andrew -- First American Title Company
Quan Long $355,000 First American Title Company
Liu Yiching Andrew $270,000 Fatcola
Puerta Herman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quan Long $326,000
Previous Owner Quan Long $348,570
Previous Owner Liu Yiching Andrew $216,000
Previous Owner Puerta Herman $108,000
Closed Liu Yiching Andrew $40,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2015 04/01/15 Sold $355,000 -3.8% $260 / Sq Ft
02/11/2015 02/11/15 Pending -- -- --
01/29/2015 01/29/15 For Sale $369,000 -- $270 / 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 $5,420 $426,645 $258,391 $168,254
2024 $5,420 $418,280 $253,325 $164,955
2023 $5,251 $410,079 $248,358 $161,721
2022 $5,173 $402,039 $243,489 $158,550
2021 $5,055 $394,157 $238,715 $155,442
2019 $4,942 $382,469 $231,636 $150,833
2018 $4,616 $374,971 $227,095 $147,876
2016 $4,436 $360,413 $218,278 $142,135
2015 $3,996 $319,405 $171,533 $147,872
2014 $3,928 $313,149 $168,173 $144,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15020619

California Regional Multiple Listing Service (CRMLS)

APN: 7069-023-024