NOT LISTED FOR SALE

Estimated Value: $441,716 - $566,000

5 Beds
2 Baths
1,800 Sq Ft
$283/Sq Ft Est. Value

Last Sold May 05, 2022

Last sale price $425,000 $236 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,261/month

1 Day on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Rectangular Lot
  • Polytechnic High School Rated A-
  • Tile Flooring
  • Wood Fence

About This Home

As of May 2022

Great value opportunity in a good Neighborhood! Take advantage of an income producing property with lots of upside potential. Two separate houses on a lot, the rear house has 3 bedrooms 1 bath, the front house has 2 bedrooms 1 bath. Each have their separate entrances. Property has some deferred maintenance but for the right buyer or investor, this can be a great opportunity. Bring your calculator & imagination and see what this property has to offer.

Last Listed By

David Limon

Your Home Selling Pros License #00908480 Listed on: 04/08/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,904

Year Built

  • Built in 1960

Lot Details

  • 7,841 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Rectangular Lot
  • Level Lot

Home Design

  • Cosmetic Repairs Needed
  • Raised Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Gas And Electric Dryer Hookup

Additional Features

  • Rain Gutters
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Legal Lot and Block 26 / 2
  • Tax Tract Number 304
  • Assessor Parcel Number 211212026
  • $83 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Water Sewer Expense $1
  • Operating Expense $5,679
  • Gross Income $24,000
  • Net Operating Income $18,921

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,904

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 212500
  • Property Attached: No
  • Water Sewer Expenses: 1.00
  • Zoning: R2
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 211212026
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Levels: One
  • Price Per Square Foot: 236.11

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition, Shingle

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Rectangular Lot
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Gross Income: 24000.00
  • Gross Scheduled Income: 24000.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 18921.00
  • 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: 5679.00
  • Rent Control: No
  • Total Expenses: 5679.00

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 304.00
  • Tax Lot: 26
  • Tax Tract Number: 0304
  • TaxOtherAnnualAssessmentAmount: 83.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2022
Sold by
Unknown
Bought by
Maria Elena Ibarra Trust
Total Days on Market
1
Current Estimated Value
$509,679

Purchase Details

Listed on
Apr 8, 2022
Closed on
Apr 13, 2022
Sold by
Rizzo Family Trust
Bought by
Rizzo Maria Elencia
Seller's Agent
David Limon
Your Home Selling Pros
Buyer's Agent
David Limon
Your Home Selling Pros
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%

Purchase Details

Closed on
Sep 5, 2018
Sold by
Rizzo Vince and Rizzo Maria
Bought by
Rizzo Vincent Leo and Rizzo Maria Elencia

Purchase Details

Closed on
Oct 21, 2008
Sold by
Zuniga Pablo
Bought by
Deutsche Bank Trust Company Americas

Purchase Details

Closed on
Mar 31, 2006
Sold by
Zuniga Pablo
Bought by
Zuniga Pablo and Pina Maria Beda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 23, 2006
Sold by
Garcia Jose G and Garcia Florencio
Bought by
Zuniga Pablo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 17, 2005
Sold by
Garcia Jose G
Bought by
Garcia Jose G and Garcia Florencio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,750
Interest Rate
7.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 6, 2005
Sold by
Leon Mario Arreola
Bought by
Garcia Jose G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,750
Interest Rate
7.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 16, 2004
Sold by
Arreola Selia
Bought by
Leon Mario Arreola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
8.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 9, 2004
Sold by
Avila Javier and Contreras Juan M
Bought by
Leon Mario Arreola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
8.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 30, 1999
Sold by
Carlos Padilla and Carlos Julia Padilla
Bought by
Avila Javier and Contreras Juan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,231
Interest Rate
6.94%
Mortgage Type
FHA

Range of Values:

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Average Value
Not Available
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
Maria Elena Ibarra Trust -- --
Rizzo Vincent Leo -- None Available
Deutsche Bank Trust Company Americas $139,429 None Available
Zuniga Pablo -- Stewart Title Of Ca Inc
Zuniga Pablo -- Stewart Title Of California
Zuniga Pablo $420,000 Stewart Title Of California
Garcia Jose G -- Financial Title Sb
Garcia Jose G $365,000 Southland Title Corporation
Leon Mario Arreola -- --
Leon Mario Arreola $185,000 Chicago Title
Avila Javier $94,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rizzo Vince $114,000
Previous Owner Zuniga Pablo $336,000
Previous Owner Garcia Jose G $346,750
Previous Owner Leon Mario Arreola $136,000
Previous Owner Avila Javier $15,000
Previous Owner Avila Javier $93,231
Closed Leon Mario Arreola $37,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2022 05/05/22 Sold $425,000 0.0% $236 / Sq Ft
04/09/2022 04/09/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $425,000 -- $236 / 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
2023 $4,904 $433,500 $108,120 $325,380
2022 $1,988 $172,903 $54,596 $118,307
2021 $1,974 $169,514 $53,526 $115,988
2020 $1,959 $167,777 $52,978 $114,799
2019 $1,923 $164,489 $51,940 $112,549
2018 $1,887 $161,265 $50,923 $110,342
2017 $1,854 $158,104 $49,925 $108,179
2016 $1,738 $155,005 $48,947 $106,058
2015 $1,713 $152,679 $48,213 $104,466
2014 $1,696 $149,690 $47,269 $102,421
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW22071658

California Regional Multiple Listing Service (CRMLS)

APN: 211-212-026