NOT LISTED FOR SALE

Estimated Value: $885,000 - $1,180,000

8 Beds
5 Baths
3,818 Sq Ft
$268/Sq Ft Est. Value

Sale Details

Date Sold: October 19, 2015

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

Est. 81% increase in value since last sale

Current estimated payment $6,582 / mo

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

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

Year Built

Built in 1963

Lot Details

7,417 Sq Ft Lot

Parking

4

Listing Details

  • CapRate: 5.84
  • 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 Rate: 2.50

Tax Info

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2020
Sold by
Bought by
Current Estimated Value
$1,024,000

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
Interest Rate
0.034%
Mortgage Type
VA

Purchase Details

Closed on
Apr 27, 2018
Sold by
Bought by

Purchase Details

Closed on
Aug 16, 2016
Sold by
Bought by

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
0.0356%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2016
Sold by
Bought by

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
0.0356%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 26, 2015
Closed on
Oct 11, 2015
Sold by
Bought by
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
5.67%

Purchase Details

Listed on
Apr 26, 2015
Closed on
Aug 27, 2015
Sold by
Bought by
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
Bought by
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
Bought by

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
0.0687%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2005
Sold by
Bought by

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
0.0584%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2005
Sold by
Bought by

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
0.0562%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2002
Sold by
Bought by

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
0.0694%

Purchase Details

Closed on
Mar 20, 2002
Sold by
Bought by

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
0.0694%

Purchase Details

Closed on
Jul 30, 2001
Sold by
Bought by

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
0.0705%

Purchase Details

Closed on
Sep 13, 2000
Sold by
Bought by

Purchase Details

Closed on
May 13, 1998
Sold by
Bought by

Purchase Details

Closed on
Nov 21, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,558
Interest Rate
0.0744%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,558
Interest Rate
0.0744%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 5, 1996
Sold by
Bought by

Purchase Details

Closed on
Nov 8, 1995
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$780,000 Property Id Title Company
-- Accommodation
-- None Available
-- Progressive Title
-- Progressive Title
-- Pacific Coast Title
-- Pacific Coast Title
$565,000 Pacific Coast Title
$660,000 Chicago Title Co
$588,000 United Independent Title
$510,000 Uitic
-- --
$250,000 First American Title
$185,000 Landsafe Title
$216,560 Stewart Title
-- --
-- Investors Title Company
$207,500 United Title Company
-- --
$126,000 First American Title Co
$150,739 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $24,963
Closed $25,148
Open $797,940
Previous Owner $330,000
Previous Owner $525,600
Previous Owner $433,500
Previous Owner $382,500
Previous Owner $200,000
Previous Owner $185,000
Previous Owner $137,558
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,032 $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

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15089646

California Regional Multiple Listing Service (CRMLS)

APN: 8331-023-019

Your Personal Tour Guide

Ask me questions while you tour the home.