NOT LISTED FOR SALE

Estimated Value: $1,478,000 - $1,713,000

5 Beds
4 Baths
3,350 Sq Ft
$473/Sq Ft Est. Value

Last Sold July 09, 2013

Last sale price $717,000 $214 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $9,500/month

16 Days on Market

Highlights

  • City Lights View
  • Spanish Architecture
  • Wood Frame Window
  • Woodrow Wilson High School Rated A
  • No HOA
  • Ceramic Countertops

About This Home

As of July 2013

Huge Square Footage in this Spanish Style Front Duplex and Back 2-story Unit Building !!! And this sits on a FULL LOT, 6519 Square with Lot Dimensions of 50 x 131 !!! Tax Rolls show this as a 7 Bedroom/5 Bathroom Complex, but it is actually 5 total Bedrooms and 4 total Bathrooms with an attached double garage off of the rear, privately owned alley. There is a nice, large grassy area in between the 2 buildings so that the tenants can enjoy a bbq-entertainment area, great for the kids !!! All four units each have their own private Laundry Room with Washer/Dryer hook-ups too..... Front Spanish Stucco Duplex was built in 1923 by Owners Relative....then during World War II, Rear 2-story units were built with attached Garage located on the bottom. Front Spanish at #2332: is a 2 bed 1 bath, nearly 1100 square feet w/ formal dining room, mirrored closets in bedrooms, and kitchen with breakfast nook. #2334: is a 1 bed 1 bath, nearly 900 square feet. Back unit on left bottom #2338: is the smallest 1 bed, 1 bath, with double garage located next to it. Stairway next to garage leads up to #2336: another large 1 bed, 1 bath . Area is Historical Rose/Carroll Park District w/ Restaurants/Shops a block away on 4th street and Elem.School at end of the block !

Last Agent to Sell the Property

Clare Corcoran

Re/Max R. E. Specialists License #01014966 Listed on: 05/06/2013

Re/Max R. E. Specialists

Last Buyer's Agent

Christy Di Leo

Compass License #01797896

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,611

Year Built

  • Built in 1923

Lot Details

  • 6,519 Sq Ft Lot
  • Lot Dimensions are 50 x 131
  • 1 Common Wall
  • East Facing Home
  • Wood Fence
  • Fence is in fair condition
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Two Garage Doors

Home Design

  • Spanish Architecture
  • Split Level Home
  • Property Attached
  • Fixer Upper
  • Raised Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 3,350 Sq Ft Home
  • 2-Story Property
  • Wood Frame Window
  • Living Room
  • Storage
  • Laundry Room
  • City Lights Views
  • Fire and Smoke Detector
  • Ceramic Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Mirrored Closets Doors
  • 4 Bathrooms

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 019 / G
  • Tax Tract Number 5768
  • Assessor Parcel Number 7263020019

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Built by SPANISH STUCCO
  • Owner Builder

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $100
  • Trash Expense $50
  • Water Sewer Expense $50
  • New Taxes Expense $1,499
  • Gross Income $2,145
  • Net Operating Income $200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,611

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Stoves in all 4 units.
  • Price Per Unit: 187000
  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Eastside (ES)
  • View: Yes
  • Water Sewer Expenses: 50.00
  • Zoning: LBR-3S
  • Architectural Style: Spanish
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 7263020019
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceramic Counters, Storage
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Door Features: Mirror Closet Door(s)
  • Entry Level: 1
  • Levels: Multi/Split
  • Price Per Square Foot: 214.03
  • Room Type: Living Room
  • Window Features: Wood Frames

Exterior Features

  • Direction Faces: East
  • Foundation: Raised
  • View: City Lights
  • Fencing: Fair Condition, Wood
  • Builder Name: SPANISH STUCCO
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Trash Expense: 50.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre, Lot 6500-9999
  • Lot Size: 50 X 131
  • Lot Size Sq Ft: 6519.00
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 750
  • Average2 Bed Area: 1100
  • Gross Income: 2145.00
  • Gross Scheduled Income: 25740.00
  • Insurance Expense: 100.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6519.0000 Square Feet
  • Net Operating Income: 200.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 2400.00
  • Operating Expense Percent: 21.00
  • Other Income Description: OWNER DOES NOT CHARGE GAR/LNDR
  • Rent Control: No
  • Total Actual Rent: 2145.00

Tax Info

  • New Taxes Expense: 1499.00
  • Tax Area: 5500
  • Tax Block: G
  • Taxes Percent: 12.00
  • Tax Lot: 019
  • Tax Rate: 13.00
  • Tax Tract Number: 5768
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2021
Sold by
Gangitano Pamela
Bought by
Gangitano Family Trust and Gangitano
Current Estimated Value
$1,558,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,300
Outstanding Balance
$577,903
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$1,007,898

Purchase Details

Closed on
Jun 29, 2018
Sold by
Walls Wayne A and Walker David L
Bought by
Walls Wayne A and Walker David L

Purchase Details

Closed on
Mar 3, 2014
Sold by
Gangitano Pamela
Bought by
Gangitano Pamela and The Gangitano Family Trust

Purchase Details

Listed on
May 6, 2013
Closed on
Jun 5, 2013
Sold by
Walls Wayne A and Walker David L
Bought by
Gangitano Pamela
Seller's Agent
Clare Corcoran
Re/Max R. E. Specialists
Buyer's Agent
Christy Di Leo
Compass
List Price
$749,900
Sold Price
$717,000
Premium/Discount to List
-$32,900
-4.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$501,900
Interest Rate
3.57%
Mortgage Type
New Conventional
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
Gangitano Family Trust -- North American Title
Gangitano Pamela -- North American Title Co Inc
Walls Wayne A -- None Available
Gangitano Pamela -- None Available
Gangitano Pamela $717,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gangitano Pamela $630,300
Previous Owner Gangitano Pambla $700,000
Previous Owner Gangitano Pamela $501,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2013 07/09/13 Sold $717,000 -4.4% $214 / Sq Ft
05/22/2013 05/22/13 Pending -- -- --
05/06/2013 05/06/13 For Sale $749,900 -- $224 / 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 $11,611 $878,935 $612,928 $266,007
2024 $11,611 $861,702 $600,910 $260,792
2023 $11,414 $844,807 $589,128 $255,679
2022 $10,726 $828,243 $577,577 $250,666
2021 $10,502 $812,003 $566,252 $245,751
2019 $10,353 $787,920 $549,457 $238,463
2018 $10,008 $772,472 $538,684 $233,788
2016 $9,203 $742,477 $517,767 $224,710
2015 $8,838 $731,325 $509,990 $221,335
2014 $8,788 $717,000 $500,000 $217,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13082842

California Regional Multiple Listing Service (CRMLS)

APN: 7263-020-019