NOT LISTED FOR SALE

Estimated Value: $725,688 - $1,135,000

8 Beds
3 Baths
2,624 Sq Ft
$350/Sq Ft Est. Value

Last Sold February 08, 2013

Last sale price $342,000 $130 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $5,901/month

7 Days on Market

About This Home

As of February 2013

Short Sale! Triplex with (1) 3bd 1ba house and (2) 2bd 1ba units with 1 car garage. Rents are low and property is under rent control.

Last Agent to Sell the Property

Armando Mendoza

West Shores Realty, Inc. License #01280264 Listed on: 08/08/2012

Last Buyer's Agent

Armando Mendoza

West Shores Realty, Inc. License #01280264 Listed on: 08/08/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,693

Year Built

  • Built in 1925

Lot Details

  • 8,000 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • 2,624 Sq Ft Home

Listing and Financial Details

  • Tax Lot 7411
  • Tax Tract Number 4
  • Assessor Parcel Number 7411004036

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • New Taxes Expense $4,237
  • Gross Income $3,486

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,693

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 7411004036
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Square Foot: 130.34

Garage/Parking

  • Garage Spaces: 2.00

Lot Info

  • Lot Size Sq Ft: 8000.00
  • Lot Size Acres: 0.1840

Multi Family

  • Average2 Bed Area: 720
  • Average3 Bed Area: 1185
  • Gross Income: 3486.00
  • Gross Scheduled Income: 41832.00
  • Lot Size Area: 8000.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes
  • Total Actual Rent: 3486.00

Tax Info

  • New Taxes Expense: 4237.00
  • Tax Lot: 7411
  • Tax Tract Number: 004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2022
Sold by
Ruan Abel and Ruan Angelica Guadalupe
Bought by
Ruan Francisco
Current Estimated Value
$919,422

Purchase Details

Closed on
Sep 17, 2021
Sold by
Ruan Abel
Bought by
Ruan Abel and Ruan Angelica Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 8, 2012
Closed on
Dec 26, 2012
Sold by
Lamas Jose M and Lamas Elizabeth
Bought by
Ruan Abel
Seller's Agent
Armando Mendoza
West Shores Realty, Inc.
Buyer's Agent
Armando Mendoza
West Shores Realty, Inc.
List Price
$339,000
Sold Price
$342,000
Premium/Discount to List
$3,000
0.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.49%
Original Mortgage
$256,500
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 8, 2012
Closed on
Dec 11, 2012
Sold by
Ruan Angelica Guadalupe
Bought by
Ruan Abel
Seller's Agent
Armando Mendoza
West Shores Realty, Inc.
Buyer's Agent
Armando Mendoza
West Shores Realty, Inc.
List Price
$339,000
Sold Price
$342,000
Premium/Discount to List
$3,000
0.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2002
Sold by
Eileen E James 1998 Revocable Trust
Bought by
Lamas Jose M and Lamas Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,200
Interest Rate
6.05%

Purchase Details

Closed on
Aug 20, 1998
Sold by
Pauline M Burrell Trust and Eileen E
Bought by
Eileen E James 1998 Revocable Trust and Dorothy A Baker Trust
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
Ruan Francisco $625,000 Fidelity National Title
Ruan Abel -- Fidelity Natl Ttl Co Torranc
Ruan Abel $342,000 Fidelity National Title Co
Ruan Abel -- Fidelity National Title Co
Lamas Jose M $339,000 American Title
Eileen E James 1998 Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruan Abel $560,000
Previous Owner Ruan Abel $256,500
Previous Owner Lamas Jose M $548,000
Previous Owner Lamas Jose M $375,000
Previous Owner Lamas Jose M $285,000
Previous Owner Lamas Jose M $271,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2013 02/08/13 Sold $342,000 +0.9% $130 / Sq Ft
08/15/2012 08/15/12 Pending -- -- --
08/08/2012 08/08/12 For Sale $339,000 -- $129 / 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 $10,693 $833,360 $625,280 $208,080
2024 $10,693 $817,020 $613,020 $204,000
2023 $10,491 $801,000 $601,000 $200,000
2022 $5,495 $396,847 $278,491 $118,356
2021 $5,415 $389,067 $273,031 $116,036
2020 $5,460 $385,079 $270,232 $114,847
2019 $5,265 $377,530 $264,934 $112,596
2018 $5,123 $370,129 $259,740 $110,389
2016 $4,879 $355,758 $249,655 $106,103
2015 $4,807 $350,415 $245,905 $104,510
2014 $4,832 $343,552 $241,089 $102,463
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12099570

California Regional Multiple Listing Service (CRMLS)

APN: 7411-004-036