NOT LISTED FOR SALE

Estimated Value: $1,109,000 - $1,237,000

4 Beds
2 Baths
1,536 Sq Ft
$757/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $952,000 $620 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $7,160/month

15 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Traditional Architecture
  • Bonus Room
  • Bixby Elementary School Rated 9+
  • Wood Flooring
  • Stone Countertops

About This Home

As of June 2021

Absolutely gorgeous duplex in a prime location. This designer owned property has been remodeled throughout to create a more open floor plan in its sun filled living areas. Upgrades in the kitchens and baths include contemporary tile floors, fixtures, cabinets, and quartz counter tops as well as lighting and plumbing fixtures. The kitchen floor plan is very versatile to accommodate a washer dryer in each unit or in the detached backyard building. The entire building was recently rewired and electrically upgraded with new panels and sub-panels. The sewer main was replaced in 2017, and re-roofed in 2013. Care has been taken to insure the remodel compliments the original architecture without stripping elements that highlight the character of the building such as original built-in kitchen features and rare refinished mahogany floors. The minimal line renovations allow for personal taste adaptation to 40’s décor, mid century modern, or contemporary. The large front yard has mature planting and space for outdoor living and could be enclosed. Enjoy the lush back yard with built-in benches, mature trees, recently added sod, hardscape patio deck, fire pit area and plenty of room to add an outdoor kitchen. An added benefit is the detached bonus room adjacent to the 2 garages. It is plumbed and has many possibilities including laundry room, guest room, game room, office or transform the structure into an ADU allowing for even more income opportunity. Whether you are looking for strictly income property, a place to live and rent, or a double unit generational family home, this property is a rare find.

Last Agent to Sell the Property

Oriana Shea

Real Brokerage Technologies License #01217538 Listed on: 04/27/2021

Real Brokerage Technologies

Last Buyer's Agent

David Sanchez

eXp Realty of Greater L.A License #02029945

eXp Realty of Greater L.A

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 6,030 Sq Ft Lot
  • 1 Common Wall
  • Chain Link Fence
  • Landscaped
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Garden
  • Back Yard

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available

Home Design

  • Duplex
  • Traditional Architecture
  • Turnkey
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,536 Sq Ft Home
  • Living Room
  • Bonus Room

Kitchen

  • Gas Range
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Floor Furnace
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 35
  • Tax Tract Number 11451
  • Assessor Parcel Number 7218004027

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Artcraft Manor Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $1,300
  • Trash Expense $720
  • Water Sewer Expense $1,300
  • New Taxes Expense $10,504
  • Operating Expense $14,623
  • Gross Income $50,400
  • Net Operating Income $35,676

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Artcraft Manor (AM)
  • View: No
  • Water Sewer Expenses: 1300.00
  • Zoning: LBR2N
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 7218004027
  • Year Built: 1944
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Stone Counters
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 619.79
  • Room Type: All Bedrooms Down, Bonus Room, Laundry, Living Room, Main Floor Bedroom

Exterior Features

  • Other Structures: Storage
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range, Gas Water Heater, Water Heater
  • Electric: Standard
  • Heating Type: Floor Furnace
  • Laundry Features: Common Area, Dryer Included, In Kitchen, Individual Room, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 720.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Garden, Landscaped, Sprinklers In Front, Sprinklers Timer
  • Lot Size Sq Ft: 6030.00
  • Lot Size Acres: 0.1384

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 50400.00
  • Gross Scheduled Income: 50400.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 6030.0000 Square Feet
  • Net Operating Income: 35676.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 14724.00
  • Rent Control: Yes
  • Total Expenses: 14623.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 10504.00
  • Tax Census Tract: 5742.02
  • Tax Lot: 35
  • Tax Tract Number: 11451

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2022
Sold by
Benjamin Tan Kristian
Bought by
Rivera Rae Jillian
Current Estimated Value
$1,163,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,637
Outstanding Balance
$80,808
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$1,082,394

Purchase Details

Listed on
Apr 27, 2021
Closed on
May 14, 2021
Sold by
Lee Gibson W and Lemmon Marcia
Bought by
Rivera Jillian Ramiscal
Seller's Agent
Oriana Shea
Real Brokerage Technologies
Buyer's Agent
David Sanchez
eXp Realty of Greater L.A
List Price
$875,000
Sold Price
$952,000
Premium/Discount to List
$77,000
8.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.47%
Original Mortgage
$714,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2004
Sold by
Dybens Mary
Bought by
Dybens Bruce A

Purchase Details

Closed on
Jan 16, 2004
Sold by
Dybens Bruce A
Bought by
Lee Gibson W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rivera Rae Jillian $295,000 None Listed On Document
Rivera Jillian Ramiscal $952,000 Orange Coast Title
Dybens Bruce A -- North American Title Co
Lee Gibson W -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Rae Jillian $84,637
Previous Owner Rivera Jillian Ramiscal $714,000
Closed Rivera Rae Jillian --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2021 06/17/21 Sold $952,000 +8.8% $620 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $875,000 -8.1% $570 / Sq Ft
05/06/2021 05/06/21 Off Market $952,000 -- --
04/27/2021 04/27/21 For Sale $875,000 -- $570 / 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 $12,930 $1,030,473 $703,580 $326,893
2024 $12,930 $1,010,269 $689,785 $320,484
2023 $12,714 $990,460 $676,260 $314,200
2022 $11,928 $971,040 $663,000 $308,040
2021 $6,180 $481,743 $211,086 $270,657
2020 $6,164 $476,804 $208,922 $267,882
2019 $6,093 $467,456 $204,826 $262,630
2018 $5,871 $458,291 $200,810 $257,481
2016 $5,402 $440,497 $193,013 $247,484
2015 $5,186 $433,881 $190,114 $243,767
2014 $5,155 $425,382 $186,390 $238,992
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS21088899

California Regional Multiple Listing Service (CRMLS)

APN: 7218-004-027