NOT LISTED FOR SALE

Estimated Value: $502,085 - $609,000

4 Beds
2 Baths
1,610 Sq Ft
$347/Sq Ft Est. Value

Last Sold December 22, 2017

Last sale price $235,500 $146 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $3,210/month

132 Days on Market

About This Home

As of December 2017

BACK ON THE MARKET!! Great Investment Opportunity!! DUPLEX, Each unit features two bedrooms and one bath, plus one separate one car garage per unit. Each has a private yard and has washer/dryer hookups. Units are in satisfactory condition, sold “AS IS" no repairs will be done. Each unit has a separate gas and electric meter, one water meter. Tenants pay electric and gas. water and trash are paid by owner. FULLY OCCUPIED BY TENANTS- GOOD FOR LONG TERM INVESTMENT- Rents are under the market --due to long term tenants W/ LOTS OF POTENTIAL AND EASY TO MANAGE!!! All information deemed to be reliable but not guaranteed , buyer and buyer agent to do their own due diligence. Make OFFER SUBJECT TO INTERIOR INSPECTION To show the property please contact the listing agent. DO NOT DISTURB TENANTS. DRIVE BY ONLY. ATTENTION INVESTORS , you also have a great opportunity to purchase two properties (Bundle Deal!!!) The Duplex on 238 E. 18th St , is also owned by the Seller.

Last Agent to Sell the Property

ELIZABETH HERNANDEZ

REALTY MASTERS & ASSOCIATES License #01250693 Listed on: 05/31/2017

REALTY MASTERS & ASSOCIATES

Last Buyer's Agent

Fabian M. Alor

EXCLUSIVE PROPERTIES License #01202295

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 8,400 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Land Lease

Parking

  • 2 Car Garage

Home Design

  • 1,610 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 39
  • Assessor Parcel Number 0146121120000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,300
  • Water Sewer Expense $1,400
  • Operating Expense $1,400
  • Gross Income $15,480
  • Net Operating Income $12,780

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1400.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0146121120000
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 146.27

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8400.00

Multi Family

  • Gross Income: 15480.00
  • Gross Scheduled Income: 15480.00
  • Insurance Expense: 1300.00
  • Net Operating Income: 12780.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 2700.00
  • Rent Control: No
  • Total Actual Rent: 1290.00
  • Total Expenses: 1400.00

Tax Info

  • Tax Census Tract: 54.00
  • Tax Lot: 4
  • Tax Tract Number: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2017
Closed on
Dec 18, 2017
Sold by
Chew Raymond and Zolondek Laura
Bought by
Beltran Jesus H
Seller's Agent
ELIZABETH HERNANDEZ
REALTY MASTERS & ASSOCIATES
Buyer's Agent
Fabian M. Alor
EXCLUSIVE PROPERTIES
List Price
$242,000
Sold Price
$235,500
Premium/Discount to List
-$6,500
-2.69%
Current Estimated Value
$558,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,271
Avg. Annual Appreciation
11.27%

Purchase Details

Closed on
May 28, 2008
Sold by
Chew Gordon J
Bought by
Chew Gordon J and The Gordon J Chew Trust
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
Beltran Jesus H $235,500 Orange Coast Co Of So Cal
Chew Gordon J -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2017 12/22/17 Sold $235,500 -2.7% $146 / Sq Ft
12/05/2017 12/05/17 For Sale $242,000 0.0% $150 / Sq Ft
12/01/2017 12/01/17 For Sale $242,000 +2.8% $150 / Sq Ft
11/30/2017 11/30/17 Off Market $235,500 -- --
10/10/2017 10/10/17 Pending -- -- --
09/25/2017 09/25/17 Price Changed $242,000 0.0% $150 / Sq Ft
09/25/2017 09/25/17 For Sale $242,000 -0.8% $150 / Sq Ft
08/18/2017 08/18/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $244,000 -- $152 / 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 $3,695 $267,959 $56,892 $211,067
2024 $4,032 $262,704 $55,776 $206,928
2023 $3,356 $257,553 $54,682 $202,871
2022 $3,361 $252,503 $53,610 $198,893
2021 $3,367 $247,552 $52,559 $194,993
2020 $3,375 $245,014 $52,020 $192,994
2019 $3,275 $240,210 $51,000 $189,210
2018 $3,238 $235,500 $50,000 $185,500
2017 $1,534 $106,544 $24,740 $81,804
2016 $1,488 $104,455 $24,255 $80,200
2015 $1,365 $102,886 $23,891 $78,995
2014 $1,327 $115,554 $21,010 $94,544
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV17122250

California Regional Multiple Listing Service (CRMLS)

APN: 0146-121-12