NOT LISTED FOR SALE

Estimated Value: $442,000 - $548,000

2 Beds
2 Baths
1,238 Sq Ft
$402/Sq Ft Est. Value

Last Sold November 27, 2017

Last sale price $210,000 $170 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $3,011/month

132 Days on Market

About This Home

As of November 2017

Great Investment Opportunity!! DUPLEX, Each unit features one 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 236 E. 16th 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

Jeannette Cassas

Uptown, Realtors License #01203568

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 7,500 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage

Home Design

  • 1,238 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Private Sewer

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 15
  • Tax Tract Number 2134
  • Assessor Parcel Number 0146085160000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,300
  • Water Sewer Expense $1,200
  • Operating Expense $1,200
  • Gross Income $13,500
  • Net Operating Income $11,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

7,500 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 0146085160000
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 169.63
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7500.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 13500.00
  • Gross Scheduled Income: 13500.00
  • Insurance Expense: 1300.00
  • Net Operating Income: 11000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2500.00
  • Rent Control: No
  • Total Expenses: 1200.00

Tax Info

  • Tax Census Tract: 54.00
  • Tax Lot: 15
  • Tax Tract Number: 2134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2022
Sold by
David Casas Jose
Bought by
Casas Jeannette
Current Estimated Value
$497,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Outstanding Balance
$290,900
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$207,043

Purchase Details

Listed on
May 31, 2017
Closed on
Oct 13, 2017
Sold by
Laura Chew Raymond Ju Man and Laura Zolondck
Bought by
Casas Jose David
Seller's Agent
ELIZABETH HERNANDEZ
REALTY MASTERS & ASSOCIATES
Buyer's Agent
Jeannette Cassas
Uptown, Realtors
List Price
$214,000
Sold Price
$210,000
Premium/Discount to List
-$4,000
-1.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.95%
Original Mortgage
$165,000
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage

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
Casas Jeannette $350,000 Old Republic Title
Casas Jose David $210,000 Orange Coast Title
Chew Gordon J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casas Jeannette $308,000
Previous Owner Casas Jose David $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2017 11/27/17 Sold $210,000 -1.9% $170 / Sq Ft
10/10/2017 10/10/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $214,000 -- $173 / 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 $4,709 $364,140 $73,868 $290,272
2024 $4,792 $357,000 $72,420 $284,580
2023 $4,496 $350,000 $71,000 $279,000
2022 $3,785 $225,162 $37,527 $187,635
2021 $3,770 $220,747 $36,791 $183,956
2020 $3,722 $218,484 $36,414 $182,070
2019 $3,699 $214,200 $35,700 $178,500
2018 $2,998 $210,000 $35,000 $175,000
2017 $1,404 $96,506 $29,134 $67,372
2016 $1,362 $94,614 $28,563 $66,051
2015 $1,237 $93,193 $28,134 $65,059
2014 $1,202 $110,302 $19,960 $90,342
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV17122216

California Regional Multiple Listing Service (CRMLS)

APN: 0146-085-16

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