NOT LISTED FOR SALE

Estimated Value: $770,190 - $1,051,000

8 Beds
4 Baths
2,376 Sq Ft
$371/Sq Ft Est. Value

Last Sold November 18, 2014

Last sale price $430,000 $181 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $5,275/month

199 Days on Market

About This Home

As of November 2014

Great Opportunity!!!! 2 Separate Homes LIVE IN ONE AND RENT THE OTHER. built in 2009 two different APN #'s 6052-010-038/6052-010-039
4 Bedrooms 2 baths each, Upstairs Unit has tile throughout, bright and open floor plan. Granite counter tops in the kitchen.
Listing price excludes: Stoves in both units and built in closets in upstairs unit ( built in closets are negotiable)

Last Agent to Sell the Property

ALICIA MURALLES

CENTURY 21 KING License #01377299 Listed on: 03/10/2014

CENTURY 21 KING

Last Buyer's Agent

ALICIA MURALLES

CENTURY 21 KING License #01377299 Listed on: 03/10/2014

CENTURY 21 KING

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,912

Year Built

  • Built in 2009

Lot Details

  • 2,369 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • 2,376 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 39
  • Tax Tract Number 6242
  • Assessor Parcel Number 6052010038

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,800
  • Fuel Expense $1,200
  • Insurance Expense $3,000
  • Trash Expense $800
  • Water Sewer Expense $1,200
  • New Taxes Expense $4,912
  • Operating Expense $12,912
  • Gross Income $2,900
  • Net Operating Income $9,912

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,912

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 626-252-5727
  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 6052010038
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 180.98

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 800.00
  • 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: 2369.00
  • Lot Size Acres: 0.0540

Multi Family

  • Electric Expense: 1800.00
  • Fuel Expense: 1200.00
  • Gross Income: 2900.00
  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 2369.0000 Square Feet
  • Net Operating Income: 9912.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 9912.00
  • Rent Control: Yes
  • Total Expenses: 12912.00

Tax Info

  • New Taxes Expense: 4912.00
  • Tax Lot: 39
  • Tax Tract Number: 6242
  • Tax Annual Amount: 4912.00
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2017
Sold by
532 W Olive Street Lp
Bought by
532 W Olive Street Lp
Current Estimated Value
$882,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 10, 2014
Closed on
Oct 2, 2014
Sold by
Navarro Santiago
Bought by
532 W Olive Street
Seller's Agent
ALICIA MURALLES
CENTURY 21 KING
Buyer's Agent
ALICIA MURALLES
CENTURY 21 KING
List Price
$449,900
Sold Price
$430,000
Premium/Discount to List
-$19,900
-4.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%

Purchase Details

Closed on
Jul 28, 2009
Sold by
Gaona Maria E Navarro
Bought by
Navarro Santiago

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,302
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 4, 2009
Sold by
Lance Properties Inc
Bought by
Navarro Santiago

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,302
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 27, 2008
Sold by
Rbarr Holding Inc
Bought by
Lance Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2008
Sold by
Mims Larry W
Bought by
Rbarr Holding Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
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
532 W Olive Street Lp -- Wfg Title Company Of Ca
532 W Olive Street $430,000 Lawyers Title
Navarro Santiago -- Lawyers Title
Navarro Santiago -- Lawyers Title
Lance Properties Inc -- United Title Company
Rbarr Holding Inc -- United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 532 W Olive St Lp $314,500
Closed 532 W Olive Street Lp $309,500
Open 532 W Olive Street Lp $17,822,000
Previous Owner Navarro Santiago $417,302
Previous Owner Lance Properties Inc $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2014 11/18/14 Sold $430,000 -4.4% $181 / Sq Ft
09/25/2014 09/25/14 Pending -- -- --
03/10/2014 03/10/14 For Sale $449,900 -- $189 / 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 $5,720 $438,667 $78,116 $360,551
2024 $5,720 $430,067 $76,585 $353,482
2023 $5,614 $421,635 $75,084 $346,551
2022 $5,364 $413,368 $73,612 $339,756
2021 $5,287 $405,264 $72,169 $333,095
2019 $5,132 $393,245 $70,029 $323,216
2018 $5,087 $385,535 $68,656 $316,879
2016 $4,841 $370,566 $65,991 $304,575
2015 $4,769 $365,000 $65,000 $300,000
2014 $4,918 $368,543 $78,972 $289,571
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14049833

California Regional Multiple Listing Service (CRMLS)

APN: 6052-010-038