NOT LISTED FOR SALE

Estimated Value: $431,087

2 Beds
2 Baths
1,432 Sq Ft
$301/Sq Ft Est. Value

Last Sold March 23, 2013

Last sale price $185,000 $129 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $2,633/month

7 Days on Market

Highlights

  • No HOA
  • Carpet
  • Wall Furnace
  • Laundry Room

About This Home

As of March 2013

Mixed use zoning (commercial residential) 16 x 16 Commercial store in front 2- 2 bedroom 1 bath apartments all attached 1 building

Last Agent to Sell the Property

Vickie Ramirez

Victorian Home Realty License #01121017 Listed on: 02/21/2013

Last Buyer's Agent

Eliza Kerndian

Keller Williams Beverly Hills License #01398836

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,944

Year Built

  • Built in 1963

Lot Details

  • 2,966 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Stucco

Interior Spaces

  • 1,432 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 008
  • Tax Tract Number 5110
  • Assessor Parcel Number 5110008031

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $900
  • Water Sewer Expense $1,200
  • New Taxes Expense $2,578
  • Gross Income $2,400
  • Net Operating Income $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,944

Year Built

Built in 1963

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: 562-805-0706
  • Other Phone Number: 562-805-0706
  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 5110008031
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Levels: Two
  • Price Per Square Foot: 129.19

Exterior Features

  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2966.00
  • Lot Size Acres: 0.0680

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 2400.00
  • Gross Scheduled Income: 27600.00
  • Insurance Expense: 900.00
  • Lot Size Area: 2966.0000 Square Feet
  • Net Operating Income: 1200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 100.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 2578.00
  • Tax Lot: 008
  • Tax Tract Number: 5110
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2013
Closed on
Mar 14, 2013
Sold by
Cuellar Larry
Bought by
Sycle Group Llc
Seller's Agent
Vickie Ramirez
Victorian Home Realty
Buyer's Agent
Eliza Kerndian
Keller Williams Beverly Hills
List Price
$179,999
Sold Price
$185,000
Premium/Discount to List
$5,001
2.78%
Current Estimated Value
$431,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,087
Avg. Annual Appreciation
6.97%

Purchase Details

Closed on
Aug 19, 2004
Sold by
Porter Leslie and Porter Mary L
Bought by
Cuellar Larry

Purchase Details

Closed on
Apr 10, 2002
Sold by
Lee Chul Jae
Bought by
Lee Chun Cha
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
Sycle Group Llc $185,000 Ticor Title Company
Cuellar Larry $170,000 Ticor Title
Lee Chun Cha -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sycle Group Llc $275,000
Previous Owner Cuellar Larry $10,000
Previous Owner Cuellar Larry $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2013 03/23/13 Sold $185,000 +2.8% $129 / Sq Ft
02/28/2013 02/28/13 Pending -- -- --
02/21/2013 02/21/13 For Sale $179,999 -- $126 / 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
2024 $2,944 $223,337 $89,695 $133,642
2023 $2,891 $218,959 $87,937 $131,022
2022 $2,761 $214,666 $86,213 $128,453
2021 $2,721 $210,458 $84,523 $125,935
2019 $2,643 $204,217 $82,017 $122,200
2018 $2,585 $200,213 $80,409 $119,804
2016 $2,459 $192,440 $77,288 $115,152
2015 $2,425 $189,551 $76,128 $113,423
2014 $2,435 $185,839 $74,637 $111,202
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13027706

California Regional Multiple Listing Service (CRMLS)

APN: 5110-008-031