NOT LISTED FOR SALE

Estimated Value: $831,000 - $894,000

7 Beds
3 Baths
2,388 Sq Ft
$357/Sq Ft Est. Value

Last Sold April 16, 2018

Last sale price $600,000 $251 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,180/month

173 Days on Market

Highlights

  • Wood Flooring
  • Ceiling Fan
  • Heating System Uses Natural Gas
  • Cooling System Powered By Gas
  • Fenced
  • 1-Story Property

About This Home

As of April 2018

PRICE REDUCED!!! PRICE REDUCED!!!! Investment Property with 3 units in one lot. One property 3BD/1BA and two 2BD/1BA!!! Live in one and rent the others! Front unit completely remodeled in 2009 and back units have been repair for cosmetic repairs. Come see it!!!

Last Agent to Sell the Property

Felipe Morales

M. R. & Associates License #01466120 Listed on: 08/26/2017

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • 5,555 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Fence is in average condition
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,388 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Parking

  • Parking Available
  • Unassigned Parking

Location

  • Suburban Location

Utilities

  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas, telephone
  • Tax Lot 247
  • Tax Tract Number 1889
  • Assessor Parcel Number 6030002007

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $209
  • Water Sewer Expense $350
  • New Taxes Expense $3,906
  • Operating Expense $4,465
  • Gross Income $4,100
  • Net Operating Income $3,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1959 | Remodeled

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 350.00
  • Zoning: LAR2
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6030002007
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Vinyl, Wood
  • Levels: Two
  • Price Per Square Foot: 251.26

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned

Utilities

  • Utilities: Electricity Available, Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Electric: Standard
  • Heating Type: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5555.00

Rental Info

  • Tenant Pays: Electricity, Gas, Telephone

Multi Family

  • Gross Income: 4100.00
  • Gross Scheduled Income: 4100.00
  • Insurance Expense: 209.00
  • Net Operating Income: 3600.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 450.00
  • Rent Control: Yes
  • Total Actual Rent: 4100.00
  • Total Expenses: 4465.00

Tax Info

  • New Taxes Expense: 3906.00
  • Tax Census Tract: 2397.01
  • Tax Lot: 247
  • Tax Tract Number: 1889

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2017
Closed on
Mar 7, 2018
Sold by
Saenz Emesto
Bought by
Guerrero Crystal
Seller's Agent
Felipe Morales
M. R. & Associates
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$635,000
Sold Price
$600,000
Premium/Discount to List
-$35,000
-5.51%
Current Estimated Value
$852,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,333
Avg. Annual Appreciation
4.66%
Original Mortgage
$639,545
Outstanding Balance
$548,686
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$303,647

Purchase Details

Closed on
Feb 28, 2011
Sold by
Membreno Maximo Garcia and Garcia Maximo
Bought by
Saenz Ernesto

Purchase Details

Closed on
Sep 6, 2005
Sold by
Saenz Ernesto and Rufino Anabel
Bought by
Garcia Maximo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,000
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2003
Sold by
Acc All City Investment Inc
Bought by
Saenz Ernesto and Rufino Anabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,581
Interest Rate
5.54%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 11, 2002
Sold by
Alvizo Roberto
Bought by
Heredia Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,700
Interest Rate
6.78%

Purchase Details

Closed on
Aug 13, 2001
Sold by
Aceves Martin
Bought by
Alvizo Roberto
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Guerrero Crystal $625,000 Wfg National Title Company O
Saenz Ernesto -- None Available
Garcia Maximo -- Landsafe Title
Saenz Ernesto $286,000 First American Title Co
Acc All City Investment Inc -- First American Title Co
Heredia Jesus $189,000 Southland Title Corporation
Alvizo Roberto -- Southland Title Corporation
Alvizo Roberto -- Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerrero Crystal $639,545
Previous Owner Garcia Maximo $371,000
Previous Owner Saenz Ernesto $281,581
Previous Owner Heredia Jesus $178,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2018 04/16/18 Sold $600,000 -4.0% $251 / Sq Ft
02/15/2018 02/15/18 Pending -- -- --
01/15/2018 01/15/18 Price Changed $625,000 -1.6% $262 / Sq Ft
08/26/2017 08/26/17 For Sale $635,000 -- $266 / 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 $8,730 $711,139 $318,589 $392,550
2024 $8,730 $697,196 $312,343 $384,853
2023 $8,564 $683,526 $306,219 $377,307
2022 $8,172 $670,124 $300,215 $369,909
2021 $8,064 $656,985 $294,329 $362,656
2020 $8,141 $650,250 $291,312 $358,938
2019 $7,825 $637,500 $285,600 $351,900
2018 $4,106 $317,409 $129,147 $188,262
2016 $3,907 $305,085 $124,133 $180,952
2015 $3,853 $300,503 $122,269 $178,234
2014 $3,884 $294,617 $119,874 $174,743
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17199679

California Regional Multiple Listing Service (CRMLS)

APN: 6030-002-007