$1,606,500
SOLD DEC 30, 2024
11 Beds
8 Baths
3,903 Sq Ft
5,082 Sq Ft Lot

Recently Sold

$412 Per Sq Ft

3% Below List Price

106 Days on Market

About This Home

As of December 2024

**Projected 7.2% Cap Rate** Welcome to a dream three unit investment opportunity. This brand new 2024 construction consists of two 4 bed 3 bath and one 3 bed 2 bath units, and will be delivered completely vacant! All three units come with parking, open concept kitchen/living/dining, and spacious bedrooms. This property provides a great income opportunity for an owner user or investor. Located conveniently near public transportation and the 110 freeway, this property will be very attractive on the rental market and easy to attract quality tenants. Do not miss this opportunity to capitalize on market rents and generate cash flow! *Note that photos are of similar nearby units*

Last Agent to Sell the Property

Isaac Davidi

The Davidi Company License #01819489 Listed on: 06/06/2024

Last Buyer's Agent

Cecilia Hernandez

Cecilia Hernandez, Broker License #01874239

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,094

Year Built

  • Built in 2024

Lot Details

  • 5,082 Sq Ft Lot
  • Lot Dimensions are 40x127

Home Design

  • Split Level Home

Interior Spaces

  • 3,903 Sq Ft Home
  • 2-Story Property
  • Stacked Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Bathrooms

Parking

  • 4 Parking Spaces
  • Attached Carport

Utilities

  • Central Heating

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 6052-015-021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,094

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Advertising Remarks: Welcome to a dream three unit investment opportunity. This brand new 2024 construction consists of two 4 bed 3 bath and one 3 bed 2 bath units, and will be delivered completely vacant! All three units come with parking, open concept kitchen/living/dining, and spacious bedrooms. This property provides a great income opportunity for an owner user or investor. Located conveniently near public transportation and the 110 freeway, this property will be very attractive on the rental market and easy to attract quality tenants. Do not miss this opportunity to capitalize on market rentss and generate cash flow! *Note that photos are of similar nearby units*
  • Living Area: 3903
  • Lot Acreage: 0.1167
  • Lot Dimensions: 40x127
  • Stories: 2
  • Year Built: 2024
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 11
  • Total Bathrooms: 8.00
  • Equipment: Stackable W/D Hookup
  • Price Per S Q F T: 409.81

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport Attached
  • Total Parking: 4

Utilities

  • Heating: Central

Lot Info

  • Assessor Parcel Number: 6052-015-021
  • Lot Size Area: 5082

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 10.62
  • Number Of Units: 3
  • Total Annual Expense: 34652
  • Type Of Units: Apartments
  • Vacancy Rate: Vacant

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2024
Sold by
Troost Expert Llc
Bought by
Palacios-Duran Jose Antonio and Aguirre-Flores Hernestina
Current Estimated Value
$1,538,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,124,550
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2022
Sold by
Mijares Pedro B and Mijares Theresa Maria
Bought by
Troost Expert Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,606,500 Provident Title Company
Grant Deed $450,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,124,550 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $1,606,500 +0.4% $412 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
08/12/2024 08/12/24 Price Changed $1,599,500 -2.9% $410 / Sq Ft
07/23/2024 07/23/24 Price Changed $1,647,500 -0.1% $422 / Sq Ft
07/09/2024 07/09/24 Price Changed $1,648,500 -0.1% $422 / Sq Ft
06/06/2024 06/06/24 For Sale $1,649,500 +266.6% $423 / Sq Ft
08/19/2022 08/19/22 Sold $450,000 -8.1% $563 / Sq Ft
04/26/2022 04/26/22 Price Changed $489,500 +0.9% $613 / Sq Ft
04/04/2022 04/04/22 For Sale $485,000 +7.8% $607 / Sq Ft
04/03/2022 04/03/22 Off Market $450,000 -- --
04/01/2022 04/01/22 For Sale $485,000 0.0% $607 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
03/17/2022 03/17/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $485,000 +7.8% $607 / Sq Ft
03/01/2022 03/01/22 Off Market $450,000 -- --
Source: The MLS

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 $6,094 $1,606,500 $400,000 $1,206,500
2024 $6,094 $459,000 $367,200 $91,800
2023 $5,979 $450,000 $360,000 $90,000
2022 $2,372 $174,935 $124,960 $49,975
2021 $2,339 $171,506 $122,510 $48,996
2019 $2,270 $166,421 $118,877 $47,544
2018 $2,215 $163,159 $116,547 $46,612
2016 $2,107 $156,825 $112,022 $44,803
2015 $2,074 $154,471 $110,340 $44,131
2014 $2,082 $151,446 $108,179 $43,267
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-400169

The MLS

APN: 6052-015-021