NOT LISTED FOR SALE

Estimated Value: $909,000 - $1,197,632

8 Beds
5 Baths
3,916 Sq Ft
$270/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2018

Last sale price $730,000 $186 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,685 / mo

21 Days on Market

Highlights

  • Fireplace in Bathroom
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • No HOA
  • Laundry Room
  • Central Heating

About This Home

As of July 2018

Great Investment Opportunity. Well maintained 4 units in East LA county located at the intersection of LA, Orange & San Bernardino county, next to 60/71 Fwy and right next to Chino Hills. Large shopping center nearby, included but not limit to Walmart, Costco, Winco, target, Home Depot, each unit has it's own 1 car garage. All units are rented to long time tenants. Large building with 3916 sq ft of living area and a large 7175 sq ft lot. New exterior paint and separate laundry area for tenants. Front unit features 3 bedrooms and 2 baths, 2 units feature 2 bedrooms, 1 bath and 1 unit features 1 bedroom and 1 bath. Don't let this excellent opportunity go by!

Last Agent to Sell the Property

Tony Ruelas

Beechwood Realty License #01792822 Listed on: 06/15/2018

Last Buyer's Agent

Tony Ruelas

Beechwood Realty License #01792822 Listed on: 06/15/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,175 Sq Ft Lot
  • 1 Common Wall

Parking

  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 3,916 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms
  • Fireplace in Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 10
  • Tax Tract Number 27497
  • Assessor Parcel Number 8331024010

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $480
  • Fuel Expense $1,440
  • Insurance Expense $1,400
  • Trash Expense $2,160
  • Water Sewer Expense $1,980
  • New Taxes Expense $9,244
  • Operating Expense $16,704
  • Gross Income $2,400
  • Net Operating Income $33,336

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

7,175 Sq Ft Lot

Parking

4

Listing Details

  • Inclusions: Laundry room and equipment.
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 1980.00
  • Zoning: POR31000*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 8331024010
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Fireplace Features: Bath
  • Levels: Multi/Split
  • Price Per Square Foot: 186.41

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Wall Furnace, Electric, Natural Gas
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 2160.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7175.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 480.00
  • Fuel Expense: 1440.00
  • Gross Income: 2400.00
  • Gross Scheduled Income: 50040.00
  • Insurance Expense: 1400.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 200.00
  • Net Operating Income: 33336.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 16704.00
  • Rent Control: No
  • Total Expenses: 16704.00

Tax Info

  • New Taxes Expense: 9244.00
  • Tax Census Tract: 4029.02
  • Tax Lot: 10
  • Tax Tract Number: 27497

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2018
Closed on
Jul 11, 2018
Sold by
Huerta Marcos and Nieves Elba
Bought by
Marquez Steven R
Seller's Agent
Tony Ruelas
Beechwood Realty
Buyer's Agent
Tony Ruelas
Beechwood Realty
List Price
$737,777
Sold Price
$730,000
Premium/Discount to List
-$7,777
-1.05%
Current Estimated Value
$1,057,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,658
Avg. Annual Appreciation
4.88%

Purchase Details

Closed on
Jun 27, 2005
Sold by
Nguyen Michelle My
Bought by
Huerta Marcos and Nieves Elba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2005
Sold by
Jalala Farid A
Bought by
Nguyen Michelle My

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2001
Sold by
Hud
Bought by
Jalala Farid A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,800
Interest Rate
6.39%

Purchase Details

Closed on
Jan 22, 2001
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Sep 1, 2000
Sold by
Gonzalez Felipe
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Jul 1, 1998
Sold by
Gonzalez Paula
Bought by
Gonzalez Felipe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,487
Interest Rate
6.93%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 1998
Sold by
Davies Kevin
Bought by
Davies Pamela

Purchase Details

Closed on
Mar 19, 1998
Sold by
Fuerst Marsha
Bought by
Davies Pamela

Purchase Details

Closed on
Oct 31, 1997
Sold by
Fuerst Michael B
Bought by
Fuerst Marsha

Purchase Details

Closed on
Oct 2, 1997
Sold by
Keiser Steven J and Keiser Paula B
Bought by
Pff Bank & 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Marquez Steven R $730,000 Chicago Title Inland Empire
Huerta Marcos $610,000 --
Nguyen Michelle My $565,000 Gateway Title Company
Jalala Farid A $215,500 Stewart Title
Hud -- Landsafe Title
Chase Manhattan Mtg Corp $219,907 Landsafe Title
Gonzalez Felipe -- Chicago Title
Gonzalez Felipe $210,000 Chicago Title
Davies Pamela -- Chicago Title Co
Davies Pamela $130,000 Chicago Title Co
Fuerst Marsha -- --
Fuerst Marsha $123,000 --
Pff Bank & Trust $120,000 Chicago Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Huerta Marcos $488,000
Previous Owner Nguyen Michelle My $500,000
Previous Owner Jalala Farid A $190,800
Previous Owner Gonzalez Felipe $203,487
Closed Huerta Marcos $61,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2018 07/31/18 Sold $730,000 0.0% $186 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
07/06/2018 07/06/18 Off Market $730,000 -- --
06/15/2018 06/15/18 For Sale $737,777 -- $188 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,537 $814,324 $368,119 $446,205
2024 $10,501 $798,357 $360,901 $437,456
2023 $10,295 $782,704 $353,825 $428,879
2022 $10,132 $767,358 $346,888 $420,470
2021 $9,890 $752,313 $340,087 $412,226
2020 $9,858 $744,600 $336,600 $408,000
2019 $10,103 $730,000 $330,000 $400,000
2018 $9,566 $732,627 $492,425 $240,202
2016 $8,743 $685,000 $548,000 $137,000
2015 $8,119 $628,000 $502,400 $125,600
2014 $6,934 $520,000 $416,000 $104,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV18144813

California Regional Multiple Listing Service (CRMLS)

APN: 8331-024-010

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