NOT LISTED FOR SALE

Estimated Value: $965,000 - $1,197,055

8 Beds
5 Baths
3,818 Sq Ft
$289/Sq Ft Est. Value

Last Sold March 28, 2017

Last sale price $635,000 $166 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,784/month

33 Days on Market

About This Home

As of March 2017

Beautiful four units with a good tenants in good neighborhood. Large building 3818 sft with large lot of 7084. Each unit has a detached garage.
Separate coin laundry area for tenants. Good opportunity to live one and rent the other 3 units. One 3 bedroom and two bath, 2 two bedroom and
1 bath, 1 one bedroom 1 bath. All units have free standing stove/oven that are included. New termites clearance completed, Newly painted exterior and interior, newly upgraded. Great property for owner occupant. Walking distance to schools, shopping, dining and easy access to 71 and 60 freeway.
Great property for owner to occupant. Make this one a must see!!!!!!

Last Agent to Sell the Property

Bruce Kwon

IRN Realty License #01035513 Listed on: 02/02/2017

IRN Realty

Last Buyer's Agent

JINGYI LI

CBH REALTY License #01950666

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,592

Year Built

  • Built in 1963

Lot Details

  • 7,084 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

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

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tax Lot 024
  • Tax Tract Number 4029
  • Assessor Parcel Number 8331023024

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $500
  • Gardener Expense $600
  • Insurance Expense $1,300
  • Maintenance Expense $500
  • Trash Expense $936
  • Water Sewer Expense $1,500
  • New Taxes Expense $5,500
  • Operating Expense $11,586
  • Gross Income $48,960
  • Net Operating Income $36,174

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,592

Year Built

Built in 1963

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1500.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 8331023024
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 166.32

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Trash Expense: 936.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7084.00

Multi Family

  • Electric Expense: 500.00
  • Gross Income: 48960.00
  • Gross Operating Income: 12786.00
  • Gross Scheduled Income: 48960.00
  • Insurance Expense: 1300.00
  • Maintenance Expense: 500.00
  • Net Operating Income: 36174.00
  • 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: 1200.00
  • Rent Control: No
  • Total Expenses: 11586.00

Tax Info

  • New Taxes Expense: 5500.00
  • Tax Lot: 024
  • Tax Tract Number: 4029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2017
Closed on
Mar 14, 2017
Sold by
Hu Diwen
Bought by
Wang Liwei
Seller's Agent
Bruce Kwon
IRN Realty
Buyer's Agent
JINGYI LI
CBH REALTY
List Price
$668,000
Sold Price
$635,000
Premium/Discount to List
-$33,000
-4.94%
Current Estimated Value
$1,092,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,975
Avg. Annual Appreciation
6.52%

Purchase Details

Listed on
Feb 2, 2017
Closed on
Mar 9, 2017
Sold by
Meerae Llc
Bought by
Wang Liwei and Gu Wilson
Seller's Agent
Bruce Kwon
IRN Realty
Buyer's Agent
JINGYI LI
CBH REALTY
List Price
$668,000
Sold Price
$635,000
Premium/Discount to List
-$33,000
-4.94%

Purchase Details

Closed on
Mar 18, 2016
Sold by
Jenkins Antoine
Bought by
Meerae Llc

Purchase Details

Closed on
Mar 17, 2006
Sold by
Gonzalez Irene
Bought by
Gonzalez Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
1.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2003
Sold by
Washington Francine and Jenkins Antoine
Bought by
Jenkins Antoine

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
7.1%

Purchase Details

Closed on
Apr 6, 2001
Sold by
Rodriguez Rudy
Bought by
Gonzalez Santiago and Gonzalez Raquel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,062
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 2000
Sold by
Gonzalez Jose M and Gonzalez Mercedes C
Bought by
Washington Francine and Jenkins Antoine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
8.16%
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
Wang Liwei -- Fidelity National Title Co
Wang Liwei $635,000 Fidelity National Title Co
Meerae Llc $497,500 Fidelity National Title
Gonzalez Daniel -- First American Title Ins Co
Jenkins Antoine -- United Title
Gonzalez Santiago $222,500 Old Republic Title Company
Washington Francine $212,000 Fidelity National Title Co
Gilliam Lorraine $212,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jenkins Antoine $373,000
Previous Owner Gonzalez Daniel $430,000
Previous Owner Jenkins Antoine $318,000
Previous Owner Jenkins Antoine $250,000
Previous Owner Jenkins Antoine $212,000
Previous Owner Gonzalez Santiago $219,062
Previous Owner Gilliam Lorraine $199,500
Previous Owner Washington Francine $201,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2017 03/28/17 Sold $635,000 -4.9% $166 / Sq Ft
03/07/2017 03/07/17 For Sale $668,000 +5.2% $175 / Sq Ft
02/22/2017 02/22/17 Off Market $635,000 -- --
02/02/2017 02/02/17 For Sale $668,000 -- $175 / 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 $9,592 $736,966 $348,173 $388,793
2024 $9,592 $722,517 $341,347 $381,170
2023 $9,404 $708,351 $334,654 $373,697
2022 $9,254 $694,463 $328,093 $366,370
2021 $9,031 $680,847 $321,660 $359,187
2019 $9,222 $660,654 $312,120 $348,534
2018 $8,543 $647,700 $306,000 $341,700
2016 $4,159 $293,962 $105,717 $188,245
2015 $4,126 $289,548 $104,130 $185,418
2014 $4,118 $283,877 $102,091 $181,786
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR17022708

California Regional Multiple Listing Service (CRMLS)

APN: 8331-023-024