NOT LISTED FOR SALE

Estimated Value: $561,782 - $678,000

3 Beds
2 Baths
1,272 Sq Ft
$498/Sq Ft Est. Value

Last Sold February 12, 2018

Last sale price $390,000 $307 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,774/month

Highlights

  • Bay Window
  • Laundry Room
  • Front Yard

About This Home

As of February 2018

This Property has 2 houses on a lot.The front house 2 Bedroom 1 Bath is occupied by a Section 8 Tenant .The rear house is 1 Bedroom 1 Bath the unit recently the Seller did some improvement .This Property is Ideal for an Investor or for a home Owner who wants to occupy one of the houses, renting out the other . Seller is extremely motivated . Please don't bother, the Tenant Drive by Only this Property is Subject to Interior Inspection . Seller is extremely Motivated .

Last Agent to Sell the Property

Alex Petrusan

C-21 Realty Team License #01020768 Listed on: 12/12/2017

Last Buyer's Agent

Fabiola Garcia Hernandez

Century 21 Allstars License #01971900

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 5,065 Sq Ft Lot
  • No Common Walls
  • Front Yard
  • Land Lease

Interior Spaces

  • 1,272 Sq Ft Home
  • Bay Window
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 42
  • Tax Tract Number 1702
  • Assessor Parcel Number 6030006023

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $360
  • Trash Expense $900
  • Water Sewer Expense $900
  • New Taxes Expense $3,117
  • Operating Expense $5,277
  • Gross Income $25,200
  • Net Operating Income $25,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Ad Number: 562 233-6368
  • Property Attached: No
  • Water Sewer Expenses: 900.00
  • Property Type: Residential Income
  • Gardener Expense: 360.00
  • Parcel Number: 6030006023
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 306.60
  • Window Features: Bay Window(s)

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5065.00

Multi Family

  • Gross Income: 25200.00
  • Gross Scheduled Income: 2100.00
  • Net Operating Income: 25200.00
  • 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: 5277.00
  • Rent Control: Yes
  • Total Expenses: 5277.00

Tax Info

  • New Taxes Expense: 3117.00
  • Tax Lot: 42
  • Tax Tract Number: 1702

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2017
Sold by
Hernandez Edwin and Hernandez Edwin Reynaldo
Bought by
Hernandez Edwin
Current Estimated Value
$633,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2017
Sold by
Hernandez Edwin
Bought by
Vogel Rodrigo De Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2015
Closed on
Jun 26, 2015
Sold by
Hernandez Rene and Hernandez Ana M
Bought by
Hernandez Edwin Reynaldo
Seller's Agent
Jose Sanchez Rosales
Downtown, REALTORS
Buyer's Agent
Jose Sanchez Rosales
Downtown, REALTORS
List Price
$20,000
Sold Price
$200,000
Premium/Discount to List
$180,000
900%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.66%
Original Mortgage
$172,975
Interest Rate
3.98%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 25, 2003
Sold by
Delcarmen Servellon Rolando and Delcarmen Servellon Maria
Bought by
Hernandez Rene and Hernandez Ana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
3.94%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 6, 2002
Sold by
Gutierrez Roberto and Atayde Alejandro
Bought by
Delcarmen Sevellon Rolando and Delcarmen Servellon Maria

Purchase Details

Closed on
Nov 13, 2000
Sold by
Romero Jose A
Bought by
Gutierrez Roberto and Atayde Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,814
Interest Rate
7.81%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hernandez Edwin -- Pacific Coast Title
Vogel Rodrigo De Jesus $390,000 Ticor Title Company Of Calif
Hernandez Edwin Reynaldo $200,000 Pacific Coast Title
Hernandez Rene $230,000 Stewart Title Of Ca Inc
Delcarmen Sevellon Rolando -- --
Gutierrez Roberto $145,000 Fidelity Title
Romero Jose Aldo -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Edwin $225,000
Previous Owner Vogel Rodrigo De Jesus $292,500
Previous Owner Hernandez Edwin Reynaldo $172,975
Previous Owner Hernandez Rene $184,000
Previous Owner Gutierrez Roberto $143,814
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/12/2018 02/12/18 Sold $390,000 -2.3% $307 / Sq Ft
12/12/2017 12/12/17 Pending -- -- --
12/12/2017 12/12/17 For Sale $399,000 +99.5% $314 / Sq Ft
07/23/2015 07/23/15 Sold $200,000 +900.0% $157 / Sq Ft View Prior Sale
04/16/2015 04/16/15 Pending -- -- --
04/13/2015 04/13/15 For Sale $20,000 -- $16 / 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 $5,515 $443,749 $341,347 $102,402
2024 $5,515 $435,049 $334,654 $100,395
2023 $5,412 $426,520 $328,093 $98,427
2022 $5,164 $418,158 $321,660 $96,498
2021 $5,099 $409,959 $315,353 $94,606
2020 $5,147 $405,756 $312,120 $93,636
2019 $4,949 $397,800 $306,000 $91,800
2018 $3,187 $249,696 $104,040 $145,656
2016 $3,038 $240,000 $100,000 $140,000
2015 $3,421 $272,084 $124,212 $147,872
2014 $3,444 $266,755 $121,779 $144,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS17274152

California Regional Multiple Listing Service (CRMLS)

APN: 6030-006-023