NOT LISTED FOR SALE

Estimated Value: $930,000 - $1,095,360

4 Beds
4 Baths
2,562 Sq Ft
$392/Sq Ft Est. Value

Sale Details

Date Sold: January 15, 2020

Last sale price $750,000 $293 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $6,466 / mo

11 Days on Market

About This Home

As of January 2020

Welcome to 2685 Santa Fe. Nice complex with 4 units, each 1 bedroom, 1 bathroom. One of the best bread and butter complexes available on the market today. This part of Santa Fe is on a frontage road. Property sits off of the main street. Back unit is a bit larger and has access to the back yard. This unit has been updated. The front units are larger than average 1 bedroom units in the area because there is a big dining room. All units are very spacious. All 4 units have wood floors and/or carpeting, a good-sized bedroom and living room area, dining room and kitchen. Units have double pane windows and alley-facing garages. There is a charming front yard common area with trees and each unit has a front porch. Great freeway access to the 710 & 405 freeways. Close to beach and downtown areas. Well maintained over the years. Newer roof. Great investment property. Don't let this real bargain get away from you. Call listing agents today.

Last Agent to Sell the Property

Susan Zaitz

RE/MAX College Park Realty License #00935738 Listed on: 11/02/2019

RE/MAX College Park Realty

Co-Listed By

Mary Edwards

RE/MAX College Park Realty License #01103542

RE/MAX College Park Realty

Last Buyer's Agent

Mary Edwards

RE/MAX College Park Realty License #01103542

RE/MAX College Park Realty

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 7,905 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Parking

  • 4 Car Garage

Home Design

  • 2,562 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 112
  • Tax Tract Number 12870
  • Assessor Parcel Number 7314031011

Community Details

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $2,000
  • New Taxes Expense $9,750
  • Operating Expense $5,600
  • Gross Income $42,000
  • Net Operating Income $36,000

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

7,905 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Westside/North of Willow (WNW)
  • Zoning: LBR34
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7314031011
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 292.74

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7905.00
  • Lot Size Acres: 0.1815

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average1 Bed Area: 640 Square Feet
  • Average2 Bed Area: 640 Square Feet
  • Average3 Bed Area: 640 Square Feet
  • Average Studio Area: 640 Square Feet
  • Gross Income: 42000.00
  • Gross Scheduled Income: 42000.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 7905.0000 Square Feet
  • Net Operating Income: 36000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 5560.00
  • Rent Control: No
  • Total Actual Rent: 42000.00
  • Total Expenses: 5600.00

Tax Info

  • New Taxes Expense: 9750.00
  • Tax Census Tract: 5726.00
  • Tax Lot: 112
  • Tax Tract Number: 12870

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2019
Sold by
Bought by
Current Estimated Value
$1,004,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.73%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$750,000 Ticor Title Company Of Ca
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $465,000
Previous Owner $450,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/15/2020 01/15/20 Sold $750,000 -3.7% $293 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
11/02/2019 11/02/19 For Sale $779,000 -- $304 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,340 $820,228 $546,820 $273,408
2024 $10,856 $804,147 $536,099 $268,048
2023 $10,671 $788,381 $525,588 $262,793
2022 $10,028 $772,924 $515,283 $257,641
2021 $9,821 $757,770 $505,180 $252,590
2020 $1,640 $70,559 $26,201 $44,358
2019 $1,623 $69,177 $25,688 $43,489
2018 $1,468 $67,822 $25,185 $42,637
2016 $1,350 $65,190 $24,208 $40,982
2015 $1,312 $64,212 $23,845 $40,367
2014 $1,330 $62,955 $23,378 $39,577
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19257029

California Regional Multiple Listing Service (CRMLS)

APN: 7314-031-011

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