NOT LISTED FOR SALE

Estimated Value: $682,000 - $1,082,000

8 Beds
4 Baths
3,700 Sq Ft
$230/Sq Ft Est. Value

Last Sold January 26, 2018

Last sale price $472,000 $128 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $5,130/month

9 Days on Market

Highlights

  • Property is near a park
  • Laundry Room
  • Level Lot
  • No HOA

About This Home

As of January 2018

BANK OWNED 4 plex. This 4 plex has everything needed to be a great investment. The building consists of 4 units each with 2 bedrooms and 1 bath. There is also a community laundry area which you could install a coin operated washer and dryer for extra income. The building also has a detached 4 car garage so each unit can have a place to park or for storage. The building is located on a corner lot so there is room for parking on the street. The building is located near shopping, parks, schools, and the freeway. Investors come quick before this opportunity is gone.

Last Agent to Sell the Property

WILLIAM EVANS

SRE & ASSOCIATES, INC License #01808091 Listed on: 12/05/2017

Last Buyer's Agent

WILLIAM EVANS

SRE & ASSOCIATES, INC License #01808091 Listed on: 12/05/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,349

Year Built

  • Built in 1965

Lot Details

  • 7,678 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • 3,700 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Location

  • Property is near a park
  • Property is near public transit
  • Suburban Location

Additional Features

  • Laundry Room
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 29
  • Tax Tract Number 2229
  • Assessor Parcel Number 485032031

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,349

Year Built

Built in 1965

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Zoning: R3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 485032031
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 127.57

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Community, Individual Room
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 7678.00

Multi Family

  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Census Tract: 425.08
  • Tax Lot: 29
  • Tax Tract Number: 2229

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2022
Sold by
Josh Shoumer
Bought by
Sj Endeavors Llc
Current Estimated Value
$850,916

Purchase Details

Closed on
Jan 21, 2021
Sold by
Shoumer Josh and Shoumer Sol
Bought by
Shoumer Joshua and Shoumer Sol

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
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2021
Sold by
Shoumer Jila
Bought by
Shoumer Sole

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
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2020
Sold by
Clover Ave Properties Llc
Bought by
Shoumer Sol and Shoumer Josh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 18, 2018
Sold by
Xu Liao
Bought by
Clover Ave Properties Llc

Purchase Details

Listed on
Dec 5, 2017
Closed on
Jan 25, 2018
Sold by
Chen Ran
Bought by
Xu Liao
Seller's Agent
WILLIAM EVANS
SRE & ASSOCIATES, INC
Buyer's Agent
WILLIAM EVANS
SRE & ASSOCIATES, INC
List Price
$479,900
Sold Price
$472,000
Premium/Discount to List
-$7,900
-1.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%

Purchase Details

Listed on
Dec 5, 2017
Closed on
Jan 9, 2018
Sold by
Everbank
Bought by
Xu Liao
Seller's Agent
WILLIAM EVANS
SRE & ASSOCIATES, INC
Buyer's Agent
WILLIAM EVANS
SRE & ASSOCIATES, INC
List Price
$479,900
Sold Price
$472,000
Premium/Discount to List
-$7,900
-1.65%

Purchase Details

Closed on
Oct 18, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
Everbank

Purchase Details

Closed on
Aug 20, 2012
Sold by
Everbank
Bought by
The Secretary Of The Department Of Housi

Purchase Details

Closed on
Aug 14, 2012
Sold by
Ferreiro Leila T and Sepulveda Oskar A
Bought by
Everbank

Purchase Details

Closed on
Mar 1, 2012
Sold by
Ferreiro Leila T
Bought by
Sepulveda Oskar A

Purchase Details

Closed on
Oct 10, 2008
Sold by
Ferreiro Hector
Bought by
Ferreiro Leila T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,483
Interest Rate
6.07%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 2008
Sold by
Lasalle Bank National Association
Bought by
Ferreiro Leila T and Sepulveda Oskar A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,483
Interest Rate
6.07%
Mortgage Type
FHA

Purchase Details

Closed on
May 28, 2008
Sold by
Ukiru Angela
Bought by
Lasalle Bank Na

Purchase Details

Closed on
Jan 16, 2004
Sold by
Mtango Lomba
Bought by
Ukiru Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
5.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 4, 2003
Sold by
Ukiru Erica
Bought by
Mtango Lomba

Purchase Details

Closed on
Nov 13, 2002
Sold by
Perez Diego J and Perez Maria
Bought by
Mtango Lomba

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
7.87%
Mortgage Type
Commercial

Purchase Details

Closed on
May 7, 2001
Sold by
Perez Consuelo
Bought by
Perez Diego J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,806
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 2, 2001
Sold by
Hernandez Jeremias and Hernandez Edith
Bought by
Perez Diego J and Perez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,806
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 10, 1999
Sold by
Hud
Bought by
Hernandez Jeremias and Hernandez Edith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,629
Interest Rate
7.97%
Mortgage Type
FHA

Purchase Details

Closed on
May 19, 1999
Sold by
Homeside Lending Inc
Bought by
Hud

Purchase Details

Closed on
Nov 5, 1998
Sold by
Sanchez Valeriano and Salcedo Leticia
Bought by
Homeside Lending Inc

Purchase Details

Closed on
Jun 18, 1997
Sold by
Action Asset Management Ltd
Bought by
Sanchez Valeriano and Salcedo Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,835
Interest Rate
7.58%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 1997
Sold by
Axford George A and Axford Ramona M
Bought by
Action Asset Management

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,835
Interest Rate
7.58%
Mortgage Type
FHA
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
Sj Endeavors Llc -- Joshua Sol Showier
Shoumer Joshua -- Provident Title Company
Shoumer Joshua -- Provident Title Company
Shoumer Sole -- Provident Title Company
Shoumer Sol $500,000 First American Title Company
Clover Ave Properties Llc -- None Available
Xu Liao -- Orange Coast Title Company
Xu Liao $472,000 Orange Coast Title Company
Everbank -- None Available
The Secretary Of The Department Of Housi -- Lawyers Title Company
Everbank $281,882 Lawyers Title Company
Sepulveda Oskar A -- Accommodation
Ferreiro Leila T -- California Title Company
Ferreiro Leila T $270,000 California Title Company
Lasalle Bank Na $240,905 None Available
Ukiru Angela -- Investors Title Company
Mtango Lomba -- --
Mtango Lomba $235,000 Landsafe Title
Perez Diego J -- First American Title Co
Perez Diego J $142,000 First American Title Co
Hernandez Jeremias $106,500 First American Title Co
Hud $142,897 --
Homeside Lending Inc $142,897 Fidelity National Title Ins
Sanchez Valeriano $130,000 Northern Counties Title
Action Asset Management $85,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shoumer Joshua $480,000
Previous Owner Shoumer Sol $475,000
Previous Owner Ferreiro Leila T $269,279
Previous Owner Ferreiro Leila T $266,483
Previous Owner Ukiru Angela $100,000
Previous Owner Ukiru Angela $229,500
Previous Owner Mtango Lomba $188,000
Previous Owner Perez Diego J $139,806
Previous Owner Hernandez Jeremias $110,500
Previous Owner Hernandez Jeremias $105,629
Previous Owner Sanchez Valeriano $128,835
Closed Mtango Lomba $35,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2018 01/26/18 Sold $472,000 -1.6% $128 / Sq Ft
12/14/2017 12/14/17 Pending -- -- --
12/05/2017 12/05/17 For Sale $479,900 -- $130 / 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 $6,349 $541,214 $108,242 $432,972
2023 $6,349 $520,200 $104,040 $416,160
2022 $6,113 $510,000 $102,000 $408,000
2021 $6,008 $500,000 $100,000 $400,000
2020 $5,795 $481,440 $88,740 $392,700
2019 $0 $472,000 $87,000 $385,000
2018 $4,641 $377,400 $71,400 $306,000
2017 $4,544 $370,000 $70,000 $300,000
2016 $3,230 $249,652 $52,009 $197,643
2015 $3,187 $245,904 $51,229 $194,675
2014 $2,986 $241,089 $50,227 $190,862
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV17269862

California Regional Multiple Listing Service (CRMLS)

APN: 485-032-031