$450,200
SOLD NOV 19, 2024 RENTED APR 16, 2025
4 Beds
2 Baths
1,768 Sq Ft
8,932 Sq Ft Lot

Recently Sold

$255 Per Sq Ft

25 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of November 2024

**Investor Opportunity!** New to the market, this duplex in the heart of Highland offers incredible potential for rental income. Both units are currently tenant-occupied, making it an excellent opportunity for investors looking to expand their portfolio. This property offers steady cash flow from day one. Don’t miss out on this ready-made investment!

Last Agent to Sell the Property

Melinda Harris

Exit Alliance Realty Brokerage Phone: 949-306-6989 License #00852827 Listed on: 09/10/2024

Co-Listed By

Amy Lais

Exit Alliance Realty Brokerage Phone: 949-306-6989 License #01904110

Last Buyer's Agent

Victor Zapata

ZAPATA REAL ESTATE INVESTMENTS, INC. License #01245726

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,349

Year Built

  • Built in 1955

Lot Details

  • 8,932 Sq Ft Lot
  • No Common Walls
  • Rural Setting

Home Design

  • Duplex

Interior Spaces

  • 1,768 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Carport

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 22
  • Tax Tract Number 3197
  • Assessor Parcel Number 1192141730000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $200
  • Operating Expense $200
  • Gross Income $2,200
  • Net Operating Income $2,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,349

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Other Phone Description: Agent
  • Other Phone Number: 9493066989
  • Price Per Unit: 225000
  • Property Attached: No
  • Water Sewer Expenses: 200.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 1192141730000
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 254.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Carport
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8932.00
  • Lot Size Acres: 0.2051

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 2200.00
  • Gross Scheduled Income: 2200.00
  • Lot Size Area: 8932.0000 Square Feet
  • Net Operating Income: 2000.00
  • 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: 200.00
  • Rent Control: No
  • Total Expenses: 200.00

Tax Info

  • Tax Census Tract: 76.06
  • Tax Lot: 22
  • Tax Tract Number: 3197

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2024
Closed on
Oct 15, 2024
Sold by
Martinez Maria M
Bought by
Lakeview Plumbing Corp
Seller's Agent
Melinda Harris
Exit Alliance Realty
Buyer's Agent
Victor Zapata
ZAPATA REAL ESTATE INVESTMENTS, INC.
List Price
$450,000
Sold Price
$450,200
Premium/Discount to List
$200
0.04%
Views
37
Current Estimated Value
$477,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,027
Avg. Annual Appreciation
8.82%
Original Mortgage
$360,160
Outstanding Balance
$356,941
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$120,286

Purchase Details

Closed on
Dec 27, 2010
Sold by
Martinez Jorge D
Bought by
Prestige Financial Investments Llc

Purchase Details

Closed on
Oct 7, 2010
Sold by
Jpmorgan Chase Bank National Association
Bought by
Martinez Jorge D

Purchase Details

Closed on
Jun 7, 2010
Sold by
Martinez Irma A
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Sep 17, 2004
Sold by
Garcia Sonia M
Bought by
Garcia Federico Mercado

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,750
Interest Rate
4.47%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 22, 2002
Sold by
Rodriguez Oscar
Bought by
Garcia Federico Mercado

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,053
Interest Rate
6.94%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 1, 2002
Sold by
Terrazas Martha
Bought by
Rodriguez Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,053
Interest Rate
6.94%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 5, 2001
Sold by
Granillo Manuel
Bought by
Citibank Na

Purchase Details

Closed on
Apr 14, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
United Svgs Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
8.15%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 10, 1997
Sold by
United Svgs Bank Fsb
Bought by
Granillo Manuel

Purchase Details

Closed on
Sep 19, 1996
Sold by
Dorantes Angel and Dorantes Rebeca
Bought by
Chase Mtg Services Inc and Chase Manhattan Mtg Corp

Purchase Details

Closed on
Sep 13, 1996
Sold by
Chase Manhattan Mtg Corp
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

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    • 2 Baths
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    Section Image

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $450,500 Lawyers Title
Grant Deed -- None Available
Grant Deed $83,000 Ticor Title Riverside
Trustee Deed $97,788 Accommodation
Interfamily Deed Transfer -- First American
Grant Deed $250,000 First American
Individual Deed $126,000 Commonwealth Land Title Co
Interfamily Deed Transfer -- Commonwealth Land Title Co
Grant Deed $82,500 Commonwealth Land Title Co
Trustee Deed $90,000 First American Title Co
Gift Deed -- Universal Title Company
Grant Deed $30,000 Universal Title Company
Trustee Deed $40,000 Fidelity National Title Ins
Grant Deed -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,160 New Conventional
Previous Owner $224,750 Negative Amortization
Previous Owner $124,053 FHA
Previous Owner $88,200 Unknown
Previous Owner $45,000 Unknown
Previous Owner $25,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Rented $2,350 0.0% --
04/05/2025 04/05/25 For Rent $2,350 0.0% --
11/19/2024 11/19/24 Sold $450,200 0.0% $255 / Sq Ft
11/15/2024 11/15/24 For Sale $450,000 0.0% $255 / Sq Ft
10/05/2024 10/05/24 Pending -- -- --
09/10/2024 09/10/24 For Sale $450,000 -- $255 / 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 $5,349 $450,200 $135,200 $315,000
2024 $5,349 $357,000 $153,000 $204,000
2023 $5,239 $350,000 $150,000 $200,000
2022 $2,170 $100,204 $18,110 $82,094
2021 $1,749 $98,239 $17,755 $80,484
2020 $1,385 $97,232 $17,573 $79,659
2019 $1,345 $95,325 $17,228 $78,097
2018 $1,331 $93,456 $16,890 $76,566
2017 $1,293 $91,624 $16,559 $75,065
2016 $1,257 $89,827 $16,234 $73,593
2015 $1,279 $88,478 $15,990 $72,488
2014 $1,247 $86,745 $15,677 $71,068
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24185469

California Regional Multiple Listing Service (CRMLS)

APN: 1192-141-73