NOT LISTED FOR SALE

Estimated Value: $754,000 - $871,000

5 Beds
3 Baths
1,627 Sq Ft
$494/Sq Ft Est. Value

Last Sold June 13, 2018

Last sale price $510,000 $313 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,986/month

2 Days on Market

Highlights

  • Open Floorplan
  • Neighborhood Views
  • Living Room
  • No HOA
  • Tile Countertops
  • Laundry Room

About This Home

As of June 2018

Duplex!!! 2 on a lot. Excellent opportunity! Do not miss out on this possible stable cash flow income-producing property. All units are currently rented with long-term tenants. First unit features 3 bedrooms and 2 baths. Second features 2 bedrooms and 1 bath. All units have separate electric and gas meters. Great for an investor or someone looking for an income potential property as an owner-occupant. Each unit has its own water heater and laundry hookups. Close to freeway 10,57, 71. Walking distance to Fairplex and shopping centers. Very quiet neighborhood with a lot of greens. Do Not Disturb Occupants. Show by appointment only. See showing instructions please.

Last Agent to Sell the Property

RONG ZHOU

AXBP BUSINESS CORP. License #01467735 Listed on: 05/29/2018

Last Buyer's Agent

Watson Yeh

EZ MAX REALTY License #01335596

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,284

Year Built

  • Built in 1950

Lot Details

  • 7,444 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Density is 2-5 Units/Acre

Home Design

  • Ranch Style House
  • Composition Roof

Interior Spaces

  • 1,627 Sq Ft Home
  • Open Floorplan
  • Sliding Doors
  • Living Room
  • Neighborhood Views
  • Fire and Smoke Detector
  • Tile Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • On-Street Parking
  • Parking Lot

Location

  • Suburban Location

Utilities

  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 21
  • Tax Tract Number 12171
  • Assessor Parcel Number 8359012014

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Insurance Expense $608
  • Water Sewer Expense $1,805
  • New Taxes Expense $3,074
  • Operating Expense $6,207
  • Gross Income $33,960
  • Net Operating Income $27,753

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,284

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Attached: No
  • Security: Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1805.00
  • Zoning: POR17200*
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 8359012014
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Open Floorplan, Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Levels: One
  • Price Per Square Foot: 313.46
  • Room Type: Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Chain Link, Wood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking Features: Parking Space, Street
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: Gas Water Heater
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7444.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 33960.00
  • Gross Scheduled Income: 33960.00
  • Insurance Expense: 608.30
  • Net Operating Income: 27753.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 6207.00
  • Rent Control: No
  • Total Actual Rent: 2830.00
  • Total Expenses: 6207.08

Tax Info

  • New Taxes Expense: 3073.70
  • Tax Census Tract: 4022.00
  • Tax Lot: 21
  • Tax Tract Number: 12171

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2018
Closed on
Jun 5, 2018
Sold by
Chin Vui Ting and The V T Chin Trust
Bought by
He Junxuan
Seller's Agent
RONG ZHOU
AXBP BUSINESS CORP.
Buyer's Agent
Watson Yeh
EZ MAX REALTY
List Price
$498,500
Sold Price
$510,000
Premium/Discount to List
$11,500
2.31%
Current Estimated Value
$803,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,702
Avg. Annual Appreciation
5.96%

Purchase Details

Closed on
Mar 26, 2013
Sold by
Chin Vui Ting
Bought by
Chin Vui Ting and The V T Chin Trust

Purchase Details

Closed on
Mar 3, 2000
Sold by
Pickinpaugh Family Trust Pickinpaugh Terry An
Bought by
Chin Vui Ting

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
7.87%

Purchase Details

Closed on
Jan 29, 1998
Sold by
Pickinpaugh Terry D and Pickinpaugh Nancy J
Bought by
Pickinpaugh Terry D and Pickinpaugh Nancy J
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
He Junxuan $510,000 Lawyers Title
Chin Vui Ting -- None Available
Chin Vui Ting $169,000 American Title Co
Pickinpaugh Terry D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chin Vui Ting $138,450
Previous Owner Chin Vui Ting $159,750
Previous Owner Chin Vui Ting $5,000
Previous Owner Chin Vui Ting $135,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2018 06/13/18 Sold $510,000 +2.3% $313 / Sq Ft
05/31/2018 05/31/18 Pending -- -- --
05/29/2018 05/29/18 For Sale $498,500 -- $306 / 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 $7,284 $580,289 $341,347 $238,942
2024 $7,284 $568,911 $334,654 $234,257
2023 $7,139 $557,757 $328,093 $229,664
2022 $7,027 $546,821 $321,660 $225,161
2021 $6,868 $536,100 $315,353 $220,747
2020 $6,846 $530,604 $312,120 $218,484
2019 $7,023 $520,200 $306,000 $214,200
2018 $3,126 $228,267 $94,549 $133,718
2016 $2,931 $219,406 $90,879 $128,527
2015 $2,907 $216,111 $89,514 $126,597
2014 $2,897 $211,879 $87,761 $124,118
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS18126925

California Regional Multiple Listing Service (CRMLS)

APN: 8359-012-014