NOT LISTED FOR SALE

Estimated Value: $977,000 - $1,283,000

8 Beds
5 Baths
3,916 Sq Ft
$300/Sq Ft Est. Value

Last Sold May 11, 2017

Last sale price $678,000 $173 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $7,083/month

171 Days on Market

Highlights

  • Laundry Room
  • Wall Furnace
  • Front Yard

About This Home

As of May 2017

Fully rented fourplex, easy access to 71 and 60 freeway and shopping. It consists of a first unit in the front with 3 bed/2 bath with private patio, 2nd unit downstairs 2 bed/1 bath with private patio, 3rd unit upstairs with 2 bed/1 bath, and 4th unit upstairs with 1 bed/1 bath with balcony.

Last Agent to Sell the Property

Jessica Lu

Transglobal Realty License #01470865 Listed on: 10/14/2016

Transglobal Realty

Last Buyer's Agent

JUAN ALFARO

EXCLUSIVE PROPERTIES License #01246210

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,199

Year Built

  • Built in 1964

Lot Details

  • 6,979 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Parking

  • 4 Car Garage

Home Design

  • 3,916 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Utilities

  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 27496
  • Assessor Parcel Number 8331023042

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,205
  • Gardener Expense $540
  • Insurance Expense $1,272
  • Professional Management Expense $2,400
  • Trash Expense $2,190
  • Water Sewer Expense $2,305
  • New Taxes Expense $8,746
  • Operating Expense $14,872
  • Gross Income $51,480
  • Net Operating Income $36,608

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,199

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Professional Management Expense: 2400.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2305.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 540.00
  • Parcel Number: 8331023042
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 173.14

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Unknown
  • Trash Expense: 2190.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6979.00

Multi Family

  • Electric Expense: 1205.00
  • Gross Income: 51480.00
  • Gross Scheduled Income: 51480.00
  • Insurance Expense: 1272.00
  • Laundry Equipment Own Lease: Lease
  • Net Operating Income: 36608.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 14872.00
  • Rent Control: No
  • Total Expenses: 14872.00

Tax Info

  • New Taxes Expense: 8746.20
  • Tax Census Tract: 4029.02
  • Tax Lot: 16
  • Tax Tract Number: 27496

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2020
Sold by
Alfaro Juan Carlos and Alfaro Ana Maria
Bought by
Alfaro Juan C and Alfaro Ana Maria
Current Estimated Value
$1,175,675

Purchase Details

Listed on
Oct 14, 2016
Closed on
May 4, 2017
Sold by
Lu Yu Jou Jessica
Bought by
Alfaro Juan Carlos and Alfaro Anamaria
Seller's Agent
Jessica Lu
Transglobal Realty
Buyer's Agent
JUAN ALFARO
EXCLUSIVE PROPERTIES
List Price
$678,000
Sold Price
$678,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%

Purchase Details

Closed on
Mar 24, 2006
Sold by
Deal William P and Deal Teresa M
Bought by
Lu Yu Jou Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,750
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 21, 2006
Sold by
Chu William J
Bought by
Lu Yu Jou Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,750
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 5, 2002
Sold by
Ferman Jose and Ferman Jose Balibrera
Bought by
Deal William P and Deal Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
6.85%

Purchase Details

Closed on
May 30, 1997
Sold by
Ferman Jose B
Bought by
Ferman Jose Balibrera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.08%

Purchase Details

Closed on
Dec 27, 1993
Sold by
Wells Fargo Bank Na
Bought by
Ferman Jose Balibrera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
7.21%

Purchase Details

Closed on
Sep 30, 1993
Sold by
American Securities Company
Bought by
Wells Fargo Bank Na
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
Alfaro Juan C -- None Available
Alfaro Juan Carlos $678,000 Lawyers Title
Lu Yu Jou Jessica $665,000 Landwood Title
Lu Yu Jou Jessica -- Landwood Title
Deal William P $219,000 Commerce Title
Ferman Jose Balibrera -- Orange Coast Title
Ferman Jose Balibrera $142,500 Commonwealth Land Title
Wells Fargo Bank Na $184,450 Benevest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lu Yu Jou Jessica $498,750
Previous Owner Deal William P $175,200
Previous Owner Ferman Jose Balibrera $140,000
Previous Owner Ferman Jose Balibrera $114,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2017 05/11/17 Sold $678,000 0.0% $173 / Sq Ft
04/03/2017 04/03/17 Pending -- -- --
10/14/2016 10/14/16 For Sale $678,000 -- $173 / 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 $10,199 $786,870 $348,173 $438,697
2024 $10,199 $771,443 $341,347 $430,096
2023 $9,999 $756,317 $334,654 $421,663
2022 $9,840 $741,489 $328,093 $413,396
2021 $9,605 $726,951 $321,660 $405,291
2020 $9,573 $719,498 $318,362 $401,136
2019 $9,810 $705,391 $312,120 $393,271
2018 $9,074 $691,560 $306,000 $385,560
2016 $8,743 $685,000 $232,900 $452,100
2015 $8,119 $628,000 $213,500 $414,500
2014 $6,934 $520,000 $176,800 $343,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16725255

California Regional Multiple Listing Service (CRMLS)

APN: 8331-023-042