NOT LISTED FOR SALE

Estimated Value: $640,000 - $813,000

2 Beds
1 Bath
1,372 Sq Ft
$538/Sq Ft Est. Value

Last Sold October 14, 2015

Last sale price $402,000 $293 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,334/month

34 Days on Market

Highlights

  • Open Floorplan
  • Laundry Room
  • Wall Furnace
  • Fireplace in Bathroom
  • Tile Flooring
  • Back Yard

About This Home

As of October 2015

GREAT INVESTMENT OPPORTUNITY to own a two on a lot duplex. The unit and property features the following: upstairs back unit with no joining walls and no neighbors except the detached front unit. Back unit is a 1 bedroom, with an Office room that can be a second bedroom with 1 bath. A bonus storage room located by the staircase; gated driveway with 2 tandem parking space and a private entrance from the alley way. The front unit is a 2 bedroom one bath unit that comes with a 2 car garage. Both units are permitted. The units were remodeled in 2010, granite counter tops in kitchen, granite vanity counter tops, and dual paned windows. Low maintenance concrete backyard with lots of space for entertaining. This duplex is priced to sell and will not last. Both units are occupied with great long term tenants. Property is in good condition, just needs minor cosmetic touch ups; carpet & interior paint.

Last Agent to Sell the Property

Brenda Trigo

Seven Gables Real Estate License #01927445 Listed on: 05/20/2015

Seven Gables Real Estate

Co-Listed By

Vivan Ainis

Seven Gables Real Estate License #01744842

Last Buyer's Agent

Rosalia Batanero

VISION INVESTMENT SERVICES & A License #00907944

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 2,720 Sq Ft Lot
  • No Common Walls
  • Front Yard Sprinklers
  • Back Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,372 Sq Ft Home
  • Open Floorplan
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Gas Cooktop
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Additional Features

  • Outdoor Fireplace
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 24
  • Tax Tract Number 5992
  • Assessor Parcel Number 7126020004

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Water Meters
  • Water Sewer Expense $100
  • Gross Income $2,490
  • Net Operating Income $29,880

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 100.00
  • Property Type: Residential Income
  • Parcel Number: 7126020004
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Open Floorplan
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Fireplace Features: Bath, Gas, Kitchen, Living Room, Outside
  • Price Per Square Foot: 293.00

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Back Yard, 0-1 Unit/Acre, Sprinklers In Front
  • Lot Size Sq Ft: 2720.00
  • Price Per Lot Square Foot: 147.79
  • Lot Size Acres: 0.0620

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2490.00
  • Gross Scheduled Income: 29880.00
  • Lot Size Area: 2720.0000 Square Feet
  • Net Operating Income: 29880.00
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 24
  • Tax Tract Number: 5992
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2015
Sold by
Mallek Joy Barker
Bought by
Mallek James R
Current Estimated Value
$738,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2015
Sold by
Ainis Michael E and Ainis Vivan
Bought by
Mallek James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2010
Sold by
56Th St Trust #244
Bought by
Ainis Michael E and Ainis Vivan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,615
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 19, 2009
Sold by
Mesholzadeh Properties Llc
Bought by
56Th St Trust #244 and Makaha Properties Llc

Purchase Details

Closed on
May 15, 2007
Sold by
Mesholzadeh Bernard
Bought by
Mesholzadeh Properties Llc

Purchase Details

Closed on
Jul 10, 2006
Sold by
Mesholzadeh Raquel
Bought by
Mesholzadeh Bernard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
1.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2004
Sold by
Mesholzadeh Raquel
Bought by
Mesholzadeh Bernard

Purchase Details

Closed on
Jun 16, 2004
Sold by
Wright Marvin and Wright Elizabeth C
Bought by
Mesholzadeh Bernard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2004
Sold by
Lencha Inc
Bought by
Wright Marvin and Wright Elizabeth C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,200
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 2003
Sold by
Vasquez Sandra
Bought by
Gonzalez Hilario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 1997
Sold by
Montoya Luis E
Bought by
Villagomez Antonio

Purchase Details

Closed on
Feb 13, 1996
Sold by
American Svgs Bank Fa
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,450
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Villagomez Antonio and Montoya Luis E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,450
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 25, 1995
Sold by
Salazar Maria Elena and Nunez Socorro A
Bought by
American Svgs Bank Fa
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
Mallek James R -- Title 365
Mallek James R $402,000 Title 365
Ainis Michael E $330,000 First American Title Company
56Th St Trust #244 $105,000 Stewart Title Riverside
Mesholzadeh Properties Llc -- None Available
Mesholzadeh Bernard -- Financial Title Company La
Mesholzadeh Bernard -- --
Mesholzadeh Bernard $430,000 Stewart Title Of California
Wright Marvin $349,000 First American Title Co
Gonzalez Hilario -- Ticor Title Co
Gonzalez Hilario $265,000 Ticor Title Co
Villagomez Antonio -- --
Federal Home Loan Mortgage Corporation -- First American Title Co
Villagomez Antonio $118,000 First American Title
American Svgs Bank Fa $120,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mallek James R $301,500
Previous Owner Ainis Michael E $325,615
Previous Owner Mesholzadeh Bernard $450,000
Previous Owner Mesholzadeh Bernard $344,000
Previous Owner Wright Marvin $279,200
Previous Owner Gonzalez Hilario $212,000
Previous Owner Villagomez Antonio $130,450
Closed Gonzalez Hilario $53,000
Closed Wright Marvin $52,350
Closed Mesholzadeh Bernard $86,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2015 10/14/15 Sold $402,000 -1.7% $293 / Sq Ft
06/23/2015 06/23/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $409,000 -- $298 / 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 $5,470 $416,689 $120,742 $295,947
2024 $5,470 $408,520 $118,375 $290,145
2023 $5,376 $400,510 $116,054 $284,456
2022 $5,050 $392,658 $113,779 $278,879
2021 $4,945 $384,960 $111,549 $273,411
2020 $4,932 $381,014 $110,406 $270,608
2019 $4,874 $373,544 $108,242 $265,302
2018 $4,736 $366,220 $106,120 $260,100
2016 $4,357 $352,000 $102,000 $250,000
2015 $3,701 $303,810 $95,940 $207,870
2014 $3,682 $297,860 $94,061 $203,799
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15108145

California Regional Multiple Listing Service (CRMLS)

APN: 7126-020-004