NOT LISTED FOR SALE
8 Beds
6 Baths
4,091 Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: January 12, 2021

Last sale price $1,540,000 $376 Per Sq Ft

7 Days on Market

Highlights

  • No HOA
  • Landscaped
  • Laundry Facilities
  • Sunset Lane Elementary School Rated A-

About This Home

As of January 2021

Fullerton's finest Sunny Hills location, situated at the entrance of a quiet single family home neighborhood, Sunny Hills High School District, Park Junior High School, Sunset Lane elementary school, Covington Style 4-plex with onsite laundry facility, 6 parking spaces.

Last Agent to Sell the Property

Hal Pappano

Capitalvest, Inc. License #00758111 Listed on: 11/23/2020

Last Buyer's Agent

Sheetal Parekh

Sheetal Parekh Broker License #01348711

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Density is up to 1 Unit/Acre

Parking

  • 6 Car Garage

Interior Spaces

  • 4,091 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 2
  • Tax Tract Number 5987
  • Assessor Parcel Number 28810116

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $335
  • Fuel Expense $1,095
  • Gardener Expense $1,980
  • Insurance Expense $1,726
  • Trash Expense $1,565
  • Water Sewer Expense $2,276
  • New Taxes Expense $17,050
  • Operating Expense $26,027
  • Gross Income $89,580
  • Net Operating Income $63,553

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

7,405 Sq Ft Lot

Parking

6

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2276.00
  • Property Type: Residential Income
  • Gardener Expense: 1980.00
  • Parcel Number: 28810116
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 376.44

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1565.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Landscaped
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 335.00
  • Fuel Expense: 1095.00
  • Gross Income: 89580.00
  • Gross Scheduled Income: 89580.00
  • Insurance Expense: 1726.00
  • Laundry Income: 900.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 63553.00
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 26027.00
  • Rent Control: No
  • Total Actual Rent: 89580.00
  • Total Expenses: 26027.00

Tax Info

  • New Taxes Expense: 17050.00
  • Tax Census Tract: 17.04
  • Tax Lot: 2
  • Tax Tract Number: 5987

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2023
Sold by
Bought by

Purchase Details

Closed on
Apr 23, 2021
Sold by
Bought by

Purchase Details

Listed on
Nov 23, 2020
Closed on
Dec 4, 2020
Sold by
Bought by
Seller's Agent
Hal Pappano
Capitalvest, Inc.
Buyer's Agent
Sheetal Parekh
Sheetal Parekh Broker
List Price
$1,550,000
Sold Price
$1,540,000
Premium/Discount to List
-$10,000
-0.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2012
Sold by
Bought by

Purchase Details

Closed on
Apr 1, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- --
$1,540,000 Fntg Builder Services
$825,000 First American Title Company
-- Stewart Title Irvine
$800,000 Stewart Title Of California
-- Stewart Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,155,000
Previous Owner $600,000
Previous Owner $19,000
Previous Owner $357,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/12/2021 01/12/21 Sold $1,540,000 -0.6% $376 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
11/23/2020 11/23/20 For Sale $1,550,000 -- $379 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $19,262 $1,700,283 $1,524,899 $175,384
2025 $18,505 $1,666,945 $1,494,999 $171,946
2024 $18,505 $1,634,260 $1,465,685 $168,575
2023 $18,060 $1,602,216 $1,436,946 $165,270
2022 $17,942 $1,570,800 $1,408,770 $162,030
2021 $11,337 $957,329 $790,549 $166,780
2020 $11,273 $947,513 $782,443 $165,070
2019 $10,989 $928,935 $767,101 $161,834
2018 $10,825 $910,721 $752,060 $158,661
2017 $10,647 $892,864 $737,314 $155,550
2016 $10,429 $875,357 $722,857 $152,500
2015 $10,143 $862,209 $711,999 $150,210
2014 $9,854 $845,320 $698,052 $147,268
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20243416

California Regional Multiple Listing Service (CRMLS)

APN: 288-101-16

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