$770,000
SOLD JAN 8, 2021
8 Beds
5 Baths
3,818 Sq Ft
7,177 Sq Ft Lot

Recently Sold

$202 Per Sq Ft

2 Days on Market

About This Home

As of January 2021

Great rental property with a 6.3 cap rate at actual rents. Property consists of 4 units, 1-3+1.5, 2-2+1,and 1-1+1, Also has 4 2 car attached carports. gated entry. All tenants are paying their rent on time. To show please drive by and do not disturb the tenants. they don't know property is for sale.
Bring your investors great deal it wont last.

Last Agent to Sell the Property

Victor Ambriz Jr

Keller Williams SELA License #00952349 Listed on: 10/02/2020

Keller Williams SELA

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,744

Year Built

  • Built in 1963

Lot Details

  • 7,177 Sq Ft Lot
  • 1 Common Wall

Home Design

  • 3,818 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 11
  • Tax Tract Number 21939
  • Assessor Parcel Number 8331023011

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $144
  • Fuel Expense $840
  • Insurance Expense $240
  • Trash Expense $2,400
  • Water Sewer Expense $1,800
  • Operating Expense $5,424
  • Gross Income $53,940
  • Net Operating Income $48,516

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,744

Year Built

Built in 1963

Lot Details

0

Listing Details

  • CapRate: 6.30
  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: POR31000*
  • Property Type: Residential Income
  • Parcel Number: 8331023011
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 201.68

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 2400.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7177.00
  • Lot Size Acres: 0.1648

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 144.00
  • Fuel Expense: 840.00
  • Gross Income: 53940.00
  • Gross Multiplier: 14.25
  • Gross Scheduled Income: 53940.00
  • Insurance Expense: 240.00
  • Lot Size Area: 7177.0000 Square Feet
  • Net Operating Income: 48516.00
  • 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: 5424.00
  • Rent Control: Yes
  • Total Expenses: 5424.00

Tax Info

  • Tax Census Tract: 4029.02
  • Tax Lot: 11
  • Tax Tract Number: 21939

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Dec 28, 2020
Sold by
Oza Jagdish J and Oza Darshana J
Bought by
Anne Anil Kumar and Nayak Kunjan
Seller's Agent
Victor Ambriz Jr
Keller Williams SELA
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$770,000
Sold Price
$770,000
Current Estimated Value
$1,055,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,663
Avg. Annual Appreciation
6.84%
Original Mortgage
$577,500
Outstanding Balance
$516,510
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$530,216

Purchase Details

Closed on
Apr 16, 2016
Sold by
Oza Jagdish and Oza Darshana
Bought by
Oza Jagdish J and Oza Darshana J

Purchase Details

Listed on
Jan 23, 2013
Closed on
Dec 18, 2012
Sold by
The 2446 Angela St Trust
Bought by
Oza Jagdish and Oza Darshana
Seller's Agent
ERVIN FRISCO
REAL ESTATE BROKER SERVICES
Buyer's Agent
ERVIN FRISCO
REAL ESTATE BROKER SERVICES
List Price
$479,000
Sold Price
$432,500
Premium/Discount to List
-$46,500
-9.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%
Original Mortgage
$303,700
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2011
Sold by
Hovsepian Paul
Bought by
The 2446 Angela St Trust and Bright Vision Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
4.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 18, 2011
Sold by
Gavigan Peggy A
Bought by
Hovsepian Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
4.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 14, 2011
Sold by
Federal National Mortgage Association
Bought by
Hovsepian Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
4.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 17, 2009
Sold by
Robinson Sonia
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 3, 2002
Sold by
Delap Ying Gao
Bought by
Delap David

Purchase Details

Closed on
Mar 11, 2002
Sold by
Delap David
Bought by
Robinson Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.86%

Purchase Details

Closed on
Mar 6, 2000
Sold by
Stevenson Sharon K Diss
Bought by
Stevenson Bruce and The Bruce Stevenson Revocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
8.27%

Purchase Details

Closed on
Feb 18, 2000
Sold by
Stevenson Bruce and The Bruce Stevenson Revocable
Bought by
Delap David and Delap Ying Gao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
8.27%

Purchase Details

Closed on
Oct 7, 1999
Sold by
Stevenson Bruce
Bought by
Stevenson Bruce and Bruce Stevenson Revocable Trus

Purchase Details

Closed on
Apr 5, 1996
Sold by
American Svgs Bank Fa
Bought by
Stevenson Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,200
Interest Rate
7.84%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 13, 1995
Sold by
Choo Kelly N and Choo Viola A
Bought by
American Svgs Bank Fa
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $770,000 Pacific Coast Title Company
Interfamily Deed Transfer -- None Available
Grant Deed -- Chicago Title Company
Grant Deed -- Chicago Title Company
Interfamily Deed Transfer -- Stewart Title Of California
Grant Deed -- Stewart Title Of California
Trustee Deed $655,237 Landsafe Title
Interfamily Deed Transfer -- South Coast Title
Grant Deed $245,000 South Coast Title
Gift Deed -- South Coast Title
Grant Deed $210,000 South Coast Title
Interfamily Deed Transfer -- --
Corporate Deed $134,000 Investors Title Company
Trustee Deed $121,550 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $577,500 New Conventional
Previous Owner $303,700 New Conventional
Previous Owner $35,000 Unknown
Previous Owner $219,000 Unknown
Previous Owner $270,500 Purchase Money Mortgage
Previous Owner $270,500 Purchase Money Mortgage
Previous Owner $576,000 New Conventional
Previous Owner $72,000 Credit Line Revolving
Previous Owner $498,000 Fannie Mae Freddie Mac
Previous Owner $420,000 Fannie Mae Freddie Mac
Previous Owner $336,000 Unknown
Previous Owner $246,000 Unknown
Previous Owner $196,000 No Value Available
Previous Owner $178,500 No Value Available
Previous Owner $107,200 Seller Take Back
Closed $24,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2021 01/08/21 Sold $770,000 0.0% $202 / Sq Ft
10/04/2020 10/04/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $770,000 +78.0% $202 / Sq Ft
02/14/2013 02/14/13 Sold $432,500 -9.7% $113 / Sq Ft
12/01/2012 12/01/12 Pending -- -- --
04/26/2012 04/26/12 For Sale $479,000 -- $125 / 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 $10,744 $833,470 $420,199 $413,271
2024 $10,744 $817,128 $411,960 $405,168
2023 $10,534 $801,107 $403,883 $397,224
2022 $10,367 $785,400 $395,964 $389,436
2021 $6,692 $481,788 $227,528 $254,260
2020 $6,669 $477,148 $225,195 $251,953
2019 $6,822 $467,799 $220,780 $247,019
2018 $6,280 $458,633 $216,451 $242,182
2016 $5,879 $440,538 $208,047 $232,491
2015 $5,831 $433,921 $204,922 $228,999
2014 $5,807 $425,422 $200,908 $224,514
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20207638

California Regional Multiple Listing Service (CRMLS)

APN: 8331-023-011