NOT LISTED FOR SALE

Estimated Value: $701,000 - $788,000

5 Beds
4 Baths
2,399 Sq Ft
$314/Sq Ft Est. Value

Last Sold March 08, 2019

Last sale price $420,000 $175 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $4,838/month

192 Days on Market

About This Home

As of March 2019

Great opportunity to own these 3 units, to live in one/two and collect from other units! 2 front units 1 bedroom 1 bath each and back unit is 3 bedroom 2 bath. Property will be sold with tenants.

Last Agent to Sell the Property

Oscar Baca

Tower Realty & Investments License #01517632 Listed on: 07/30/2018

Last Buyer's Agent

Oscar Baca

Tower Realty & Investments License #01517632 Listed on: 07/30/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,051

Year Built

  • Built in 1922

Lot Details

  • 5,206 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Home Design

  • 2,399 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 2319
  • Assessor Parcel Number 5110005014

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Net Operating Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,051

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5110005014
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 175.07

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5206.00
  • Lot Size Acres: 0.1195

Multi Family

  • Gross Scheduled Income: 32400.00
  • Lot Size Area: 5206.0000 Square Feet
  • Net Operating Income: 28800.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 3600.00
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2319.00
  • Tax Lot: 25
  • Tax Tract Number: 2319

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2022
Sold by
Cesar Montano Jr
Bought by
Golden Rule Lending Llc
Current Estimated Value
$752,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Outstanding Balance
$480,403
Interest Rate
3.85%
Mortgage Type
Balloon
Estimated Equity
$271,264

Purchase Details

Closed on
Oct 13, 2020
Sold by
Crehan Victoria
Bought by
Golden Rule Lending Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 30, 2018
Closed on
Mar 7, 2019
Sold by
Crehan Sean
Bought by
Crehan Victoria
Seller's Agent
Oscar Baca
Tower Realty & Investments
Buyer's Agent
Oscar Baca
Tower Realty & Investments
List Price
$550,000
Sold Price
$420,000
Premium/Discount to List
-$130,000
-23.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.55%
Original Mortgage
$385,000
Interest Rate
4.4%
Mortgage Type
Balloon

Purchase Details

Listed on
Jul 30, 2018
Closed on
Feb 20, 2019
Sold by
Lopez Emilio and Lopez Maria
Bought by
Crehan Victoria
Seller's Agent
Oscar Baca
Tower Realty & Investments
Buyer's Agent
Oscar Baca
Tower Realty & Investments
List Price
$550,000
Sold Price
$420,000
Premium/Discount to List
-$130,000
-23.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
4.4%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 19, 2005
Sold by
Bazan Miguel O and Bazan Loretta M
Bought by
Lopez Emilio and Lopez Maria

Purchase Details

Closed on
Mar 21, 2000
Sold by
Amresco Residential Mtg Corp
Bought by
Lopez Emilio and Lopez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,250
Interest Rate
8.25%

Purchase Details

Closed on
Sep 8, 1999
Sold by
Valdez Brian and Valdez Porfirio
Bought by
Amresco Residential Mtg Corp

Purchase Details

Closed on
Sep 9, 1998
Sold by
Bazan Miguel O and Bazan Loretta M
Bought by
Valdez Brian and Valdez Porfirio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.61%

Purchase Details

Closed on
Nov 26, 1997
Sold by
Bazan Miguel O
Bought by
Bazan Miguel O and Bazan Loretta M

Purchase Details

Closed on
Jan 5, 1994
Sold by
Bazan Loretta M
Bought by
Bazan Miguel O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,400
Interest Rate
4.1%

Purchase Details

Closed on
Dec 6, 1993
Sold by
Bazan Daniel and Bazan Miguel O
Bought by
Bazan Miguel O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,400
Interest Rate
4.1%
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
Golden Rule Lending Llc -- Accommodation/Courtesy Recordi
Montano Cesar -- Pacific Coast Title
Montano Cesar -- Pacific Coast Title
Golden Rule Lending Llc $600,000 Pacific Coast Title
Crehan Victoria -- Lawyers Title
Crehan Victoria $420,000 Chicago Title
Lopez Emilio -- --
Lopez Emilio $147,000 Chicago Title Co
Amresco Residential Mtg Corp $140,000 Fidelity Title
Valdez Brian $235,000 Orange Coast Title
Bazan Miguel O -- --
Bazan Miguel O -- Gateway Title
Bazan Miguel O -- Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Golden Rule Lending Llc $80,000
Open Montano Cesar $510,000
Previous Owner Golden Rule Lending Llc $500,000
Previous Owner Golden Rule Lending Llc $480,000
Previous Owner Crehan Victoria L $96,000
Previous Owner Crehan Victoria $385,000
Previous Owner Lopez Emilio $150,000
Previous Owner Lopez Emilio $110,250
Previous Owner Valdez Brian $188,000
Previous Owner Bazan Miguel O $120,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2019 03/08/19 Sold $420,000 -23.6% $175 / Sq Ft
02/07/2019 02/07/19 Pending -- -- --
12/20/2018 12/20/18 For Sale $550,000 +31.0% $229 / Sq Ft
10/03/2018 10/03/18 Off Market $420,000 -- --
07/30/2018 07/30/18 For Sale $550,000 -- $229 / 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
2024 $8,051 $636,724 $403,259 $233,465
2023 $7,899 $624,240 $395,352 $228,888
2022 $7,538 $612,000 $387,600 $224,400
2021 $7,439 $600,000 $380,000 $220,000
2020 $5,525 $428,400 $367,200 $61,200
2019 $2,762 $202,523 $89,550 $112,973
2018 $2,680 $198,553 $87,795 $110,758
2016 $2,540 $190,845 $84,387 $106,458
2015 $2,507 $187,979 $83,120 $104,859
2014 $2,534 $184,297 $81,492 $102,805
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18183686

California Regional Multiple Listing Service (CRMLS)

APN: 5110-005-014