NOT LISTED FOR SALE

Estimated Value: $979,000 - $1,259,000

8 Beds
5 Baths
3,818 Sq Ft
$299/Sq Ft Est. Value

Last Sold October 19, 2015

Last sale price $565,000 $148 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $6,991/month

122 Days on Market

Highlights

  • Valley View
  • No HOA
  • 4 Attached Carport Spaces
  • Private Yard
  • Laundry Room
  • Wrought Iron Fence

About This Home

As of October 2015

Excellent opportunity for a new or experienced investor. All units are fully occupied and all tenants have been there for years. owner has kept rents below market rate. There is upside in rents for new owner. Seller has installed wrought iron fence for more tenant privacy and security.

Last Agent to Sell the Property

Genaro Gomez

GENARO GOMEZ, BROKER License #00958723 Listed on: 04/26/2015

Last Buyer's Agent

KIM NGUYEN

ROYAL HOME REALTY/RSMD. License #00632389

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,962

Year Built

  • Built in 1963

Lot Details

  • 7,417 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Private Yard
  • Front Yard

Parking

  • 4 Car Garage
  • 4 Attached Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Slab Foundation

Interior Spaces

  • 3,818 Sq Ft Home
  • 2-Story Property
  • Valley Views
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Additional Features

  • Exterior Lighting
  • Private Water Source

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 19
  • Tax Tract Number 21939
  • Assessor Parcel Number 8331023019

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $556
  • Gardener Expense $600
  • Insurance Expense $1,428
  • Maintenance Expense $1,275
  • Trash Expense $924
  • Water Sewer Expense $1,474
  • New Taxes Expense $7,263
  • Gross Income $4,205
  • Net Operating Income $34,403

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,962

Year Built

Built in 1963

Lot Details

0

Parking

4

Listing Details

  • CapRate: 5.84
  • Other Phone Description: Agent Cell
  • Other Phone Number: 626-688-3302
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Water Sewer Expenses: 1474.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 8331023019
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 147.98

Exterior Features

  • Foundation: Slab
  • View: Valley
  • Fencing: Wrought Iron
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Attached Carport
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Trash Expense: 924.00
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Features: Front Yard, Lot 6500-9999, Yard
  • Lot Size Sq Ft: 7417.00
  • Price Per Lot Square Foot: 76.18
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 556.00
  • Gross Income: 4205.00
  • Gross Multiplier: 11.67
  • Gross Scheduled Income: 50460.00
  • Gross Spendable Income: 8593.00
  • Insurance Expense: 1428.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 7417.0000 Square Feet
  • Maintenance Expense: 1275.00
  • Maintenance Percent: 2.53
  • Net Operating Income: 34403.00
  • 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: 14796.00
  • Operating Expense Percent: 29.30
  • Rent Control: No
  • Total Actual Rent: 3950.00
  • Vacancy Allowance: 1262
  • Vacancy Allowance Rate: 2.50

Tax Info

  • New Taxes Expense: 7263.00
  • Tax Lot: 19
  • Tax Tract Number: 21939
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2020
Sold by
Ta Brian and Ta Michael
Bought by
Ozigho Anthony Odion and Ozigho Ban Htoi
Current Estimated Value
$1,141,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$797,940
Outstanding Balance
$705,342
Interest Rate
3.4%
Mortgage Type
VA
Estimated Equity
$436,325

Purchase Details

Closed on
Apr 27, 2018
Sold by
Ta Brian H
Bought by
Ta Brian H and Ta Michael

Purchase Details

Closed on
Aug 16, 2016
Sold by
Ta Brian H and Ta Kimberly L
Bought by
Ta Brian H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2016
Sold by
Ta Brian H
Bought by
Ta Brian H and Ta Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 26, 2015
Closed on
Oct 11, 2015
Sold by
Fugelsang Kimberly
Bought by
Ta Brian H
Seller's Agent
Genaro Gomez
GENARO GOMEZ, BROKER
Buyer's Agent
KIM NGUYEN
ROYAL HOME REALTY/RSMD.
List Price
$589,000
Sold Price
$565,000
Premium/Discount to List
-$24,000
-4.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%

Purchase Details

Listed on
Apr 26, 2015
Closed on
Aug 27, 2015
Sold by
Bui Danny
Bought by
Ta Janet T
Seller's Agent
Genaro Gomez
GENARO GOMEZ, BROKER
Buyer's Agent
KIM NGUYEN
ROYAL HOME REALTY/RSMD.
List Price
$589,000
Sold Price
$565,000
Premium/Discount to List
-$24,000
-4.07%

Purchase Details

Listed on
Apr 26, 2015
Closed on
Aug 25, 2015
Sold by
Kodituwakku Justin C and Kodituwakku Anula
Bought by
Ta Brian H and Ta Janet T
Seller's Agent
Genaro Gomez
GENARO GOMEZ, BROKER
Buyer's Agent
KIM NGUYEN
ROYAL HOME REALTY/RSMD.
List Price
$589,000
Sold Price
$565,000
Premium/Discount to List
-$24,000
-4.07%

Purchase Details

Closed on
Aug 24, 2006
Sold by
Lai Kuang Chi and Chan Ya Hui
Bought by
Kodituwakku Justin C and Kodituwakku Anula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,600
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2005
Sold by
Chu Albert and Chu Susanna
Bought by
Lai Kuang Chi and Chan Ya Hui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,500
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2005
Sold by
Rodriguez Melvin
Bought by
Chu Albert and Chu Susanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2002
Sold by
Rodriguez Corrine
Bought by
Rodriguez Melvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.94%

Purchase Details

Closed on
Mar 20, 2002
Sold by
Liu Jim H
Bought by
Rodriguez Melvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.94%

Purchase Details

Closed on
Jul 30, 2001
Sold by
Hud
Bought by
Liu Jim H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
7.05%

Purchase Details

Closed on
Sep 13, 2000
Sold by
Gmac Mtg Corp
Bought by
Hud

Purchase Details

Closed on
May 13, 1998
Sold by
Mccurdy Donna J
Bought by
Mccurdy Kent and Mccurdy Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.89%

Purchase Details

Closed on
Nov 21, 1997
Sold by
Nickel Kevin and Banks Susan
Bought by
Mccurdy Kent and Mccurdy Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,985
Interest Rate
6.95%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 1997
Sold by
Nickel Kevin
Bought by
Nickel Kevin and Banks Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,985
Interest Rate
6.95%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 5, 1996
Sold by
First Fsla Of San Gabriel Valley
Bought by
Nickel Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,400
Interest Rate
8.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 8, 1995
Sold by
Choo Kelly M and First Fsla Of San Gabriel Vall
Bought by
First Fsla Of San Gabriel Valley
Source: Public Records

Range of Values:

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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
Ozigho Anthony Odion $780,000 Property Id Title Company
Ta Brian H -- Accommodation
Ta Brian H -- None Available
Ta Brian H -- Progressive Title
Ta Brian H -- Progressive Title
Ta Brian H -- Pacific Coast Title
Ta Janet T -- Pacific Coast Title
Ta Brian H $565,000 Pacific Coast Title
Kodituwakku Justin C $660,000 Chicago Title Co
Lai Kuang Chi $588,000 United Independent Title
Chu Albert $510,000 Uitic
Rodriguez Melvin -- --
Rodriguez Melvin $250,000 First American Title
Liu Jim H $185,000 Landsafe Title
Hud -- --
Gmac Mtg Corp $216,560 Stewart Title
Mccurdy Kent -- Investors Title Company
Mccurdy Kent $207,500 United Title Company
Nickel Kevin -- --
Nickel Kevin $126,000 First American Title Co
First Fsla Of San Gabriel Valley $150,739 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ozigho Anthony Odion $797,940
Previous Owner Ta Brian H $330,000
Previous Owner Kodituwakku Justin C $525,600
Previous Owner Lai Kuang Chi $433,500
Previous Owner Chu Albert $382,500
Previous Owner Rodriguez Melvin $200,000
Previous Owner Liu Jim H $185,000
Previous Owner Mccurdy Kent $60,000
Previous Owner Mccurdy Kent $200,985
Previous Owner Nickel Kevin $136,400
Closed Chu Albert $76,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2015 10/19/15 Sold $565,000 -4.1% $148 / Sq Ft
08/26/2015 08/26/15 Pending -- -- --
04/26/2015 04/26/15 For Sale $589,000 -- $154 / 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 $10,962 $853,040 $503,075 $349,965
2024 $10,962 $836,314 $493,211 $343,103
2023 $10,747 $819,917 $483,541 $336,376
2022 $10,577 $803,841 $474,060 $329,781
2021 $10,327 $788,080 $464,765 $323,315
2020 $8,202 $605,576 $176,849 $428,727
2019 $8,399 $593,703 $173,382 $420,321
2018 $7,757 $582,063 $169,983 $412,080
2017 $7,627 $570,650 $166,650 $404,000
2016 $7,898 $565,000 $165,000 $400,000
2015 $8,021 $620,000 $244,200 $375,800
2014 $6,692 $500,000 $250,000 $250,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15089646

California Regional Multiple Listing Service (CRMLS)

APN: 8331-023-019