M
Seller's Agent in 2015
Michael Nai
Long Beach Mortgage & Realty
22311 Arline Ave Hawaiian Gardens, CA 90716
Estimated Value: $1,140,000 - $1,201,353
8
Beds
4
Baths
2,736
Sq Ft
$430/Sq Ft
Est. Value
Highlights
- Fireplace in Kitchen
- Contemporary Architecture
- Cooling System Powered By Gas
- Artesia High School Rated A-
- No HOA
- 1-minute walk to Pioneer Park
About This Home
As of October 2015Price reduced $19,900, great opportunity for this 4 units investment property in City of Hawaiian Gardens, building has two units each up stair and down stair, two bedroom and one bath each units, kitchen, dinning room, has four car garage, with lots of off street parking in the front and in the back. Closes to freeway, schools, shopping center, parks and restaurants.
Last Agent to Sell the Property
Michael Nai
Long Beach Mortgage & Realty License #01471451 Listed on: 04/20/2015
Last Buyer's Agent
Michael Nai
Long Beach Mortgage & Realty License #01471451 Listed on: 04/20/2015
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,655
Year Built
- Built in 1962
Lot Details
- 5,778 Sq Ft Lot
- 1 Common Wall
- East Facing Home
- Barbed Wire
- Stucco Fence
- Fence is in average condition
- Back Yard
Parking
- 4 Car Garage
Home Design
- Contemporary Architecture
- Traditional Architecture
- Property Attached
- Fire Rated Drywall
- Shingle Roof
- Stucco
Interior Spaces
- 2,736 Sq Ft Home
- Blinds
- Living Room with Fireplace
- Fire and Smoke Detector
Kitchen
- Dishwasher
- Fireplace in Kitchen
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Powered By Gas
- Shared Septic
Listing and Financial Details
- Tenant pays for cable TV, gas
- Tax Lot 17
- Tax Tract Number 5552
- Assessor Parcel Number 7069030032
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Amenities
- Service Entrance
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $1,400
- Trash Expense $1,080
- Water Sewer Expense $4,080
- New Taxes Expense $8,964
- Gross Income $4,850
- Net Operating Income $42,676
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 20, 2015
Closed on
Oct 27, 2015
Sold by
Desai Vikas and Desai Annette
Bought by
Desai Family Estate Plan
Seller's Agent
Michael Nai
Long Beach Mortgage & Realty
Buyer's Agent
Michael Nai
Long Beach Mortgage & Realty
List Price
$769,900
Sold Price
$682,500
Premium/Discount to List
-$87,400
-11.35%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$493,338
Avg. Annual Appreciation
5.53%
Original Mortgage
$511,500
Interest Rate
3.87%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 20, 2015
Closed on
Sep 18, 2015
Sold by
Keo Buffett
Bought by
Desai Vikas and Desai Annette
Seller's Agent
Michael Nai
Long Beach Mortgage & Realty
Buyer's Agent
Michael Nai
Long Beach Mortgage & Realty
List Price
$769,900
Sold Price
$682,500
Premium/Discount to List
-$87,400
-11.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,500
Interest Rate
3.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 1, 2007
Sold by
Watkins Joseph E and Mc Phee Lynda D
Bought by
Keo Buffett
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,300
Interest Rate
6.21%
Mortgage Type
Credit Line Revolving
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Desai Family Estate Plan | -- | Nations Title Company Of Ca | |
| Desai Vikas | $682,500 | Nations Title Company Of Ca | |
| Keo Buffett | $673,000 | Ticor Title Co Brea Branch |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Desai Family Estate Plan | $660,000 | |
| Closed | Desai Vikas | $511,500 | |
| Previous Owner | Watkins Joseph E | $67,300 | |
| Previous Owner | Keo Buffett | $538,400 | |
| Previous Owner | Watkins Owen W | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/31/2015 10/31/15 | Sold | $682,500 | -11.4% | $249 / Sq Ft |
| 09/15/2015 09/15/15 | Pending | -- | -- | -- |
| 04/20/2015 04/20/15 | For Sale | $769,900 | -- | $281 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,655 | $807,935 | $485,353 | $322,582 |
| 2024 | $10,655 | $792,094 | $475,837 | $316,257 |
| 2023 | $9,940 | $776,563 | $466,507 | $310,056 |
| 2022 | $9,797 | $761,337 | $457,360 | $303,977 |
| 2021 | $9,573 | $746,410 | $448,393 | $298,017 |
| 2019 | $9,363 | $724,274 | $435,095 | $289,179 |
| 2018 | $8,719 | $710,073 | $426,564 | $283,509 |
| 2016 | $8,382 | $682,500 | $410,000 | $272,500 |
| 2015 | $9,126 | $750,237 | $516,137 | $234,100 |
| 2014 | $8,964 | $735,542 | $506,027 | $229,515 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW15083472
APN: 7069-030-032
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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