NOT LISTED FOR SALE

Estimated Value: $958,000 - $1,467,861

8 Beds
7 Baths
3,608 Sq Ft
$345/Sq Ft Est. Value

Last Sold September 01, 2016

Last sale price $797,500 $221 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $7,419/month

122 Days on Market

Highlights

  • Primary Bedroom Suite
  • Gated Parking
  • Contemporary Architecture
  • Holmes Elementary School Rated A-
  • Gated Community
  • Property is near public transit

About This Home

As of September 2016

Opportunity to add this unique 4 units building to your portfolio. 3 units had been rehab and the last unit should be completed in the next 2-3 weeks. Granite counter top in the kitchen, tile in the bathrooms, laminate & tile throughout. This property is situated close to Lakewood Mall, shops, restaurants, gym, and freeways.

Last Agent to Sell the Property

Dara Chay

Sky View Real Estate License #01217793 Listed on: 04/08/2016

Last Buyer's Agent

Adam Huss

Huss Real Estate License #01404071

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 5,213 Sq Ft Lot
  • Two or More Common Walls
  • East Facing Home
  • Block Wall Fence
  • Lawn

Parking

  • 6 Car Direct Access Garage
  • Rear-Facing Garage
  • Side Facing Garage
  • Gated Parking
  • On-Street Parking
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Property Attached
  • Interior Block Wall
  • Composition Roof
  • Wood Siding
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 3,608 Sq Ft Home
  • 2-Story Property
  • Window Screens
  • Family Room with Fireplace
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom Suite
  • 7 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Sewer Paid
  • Satellite Dish
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 35 / A
  • Tax Tract Number 7831
  • Assessor Parcel Number 7157008024

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • 5 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $450
  • Insurance Expense $1,650
  • Professional Management Expense $1,200
  • Water Sewer Expense $5,200
  • New Taxes Expense $8,500
  • Gross Income $5,450
  • Net Operating Income $48,400

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

5,213 Sq Ft Lot

Parking

6

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 1200.00
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 5200.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 7157008024
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Block Walls, Granite Counters, Copper Plumbing Partial
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Stone
  • Appliances: Yes
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 221.04
  • Room Type: Master Suite
  • Window Features: Screens

Exterior Features

  • Direction Faces: East
  • Exterior Features: Satellite Dish, TV Antenna
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 6.00
  • Parking Features: Assigned, Direct Garage Access, Garage, Gated, Private, Garage Faces Rear, Garage Faces Side, Street
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Electric Cooktop, Disposal
  • Heating Type: Electric, Wall Furnace
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Lawn, Near Public Transit
  • Lot Size Sq Ft: 5213.00
  • Price Per Lot Square Foot: 152.98

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Average1 Bed Area: 600
  • Average2 Bed Area: 900
  • Average3 Bed Area: 1200
  • Electric Expense: 450.00
  • Gross Income: 5450.00
  • Gross Multiplier: 11.60
  • Gross Scheduled Income: 65400.00
  • Insurance Expense: 1650.00
  • Net Operating Income: 48400.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 17000.00
  • Rent Control: No
  • Total Actual Rent: 3700.00

Tax Info

  • New Taxes Expense: 8500.00
  • Tax Block: A
  • Tax Lot: 35
  • Tax Tract Number: 7831

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2016
Sold by
Kelley Daniel
Bought by
Ellobornola Llc
Current Estimated Value
$1,243,215

Purchase Details

Listed on
Apr 8, 2016
Closed on
Aug 17, 2016
Sold by
Manestitaya Tim
Bought by
Kelley Daniel and Kelley Cynthia
Seller's Agent
Dara Chay
Sky View Real Estate
Buyer's Agent
Adam Huss
Huss Real Estate
List Price
$809,800
Sold Price
$797,500
Premium/Discount to List
-$12,300
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%

Purchase Details

Listed on
Jun 14, 2014
Closed on
Jul 23, 2014
Sold by
Cheung Bradford L
Bought by
Manestitaya Tim and Manestitaya Somboon
Seller's Agent
Scott Underwood
Meadowbrook Realty
Buyer's Agent
Dara Chay
Sky View Real Estate
List Price
$649,000
Sold Price
$667,500
Premium/Discount to List
$18,500
2.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Original Mortgage
$467,250
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2010
Sold by
Us Bank National Association
Bought by
Cheung Bradford L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,350
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2009
Sold by
Thomas Kendall L
Bought by
Bank Of America National Association

Purchase Details

Closed on
Mar 22, 2006
Sold by
Kearse Thomas Stacia M
Bought by
Thomas Kendal L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2006
Sold by
Caruthers Anthony Quinn
Bought by
Thomas Kendal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.18%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 2, 2002
Sold by
Hasler Alois and Hasler Rhonda
Bought by
Caruthers Anthony Quinn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
9.74%

Purchase Details

Closed on
Oct 24, 2001
Sold by
Dadson Approved
Bought by
Driggs Merlin

Purchase Details

Closed on
Aug 20, 2001
Sold by
Driggs Merlin Forrest and The Forrest Driggs Revocable T
Bought by
Hasler Alois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.12%

Purchase Details

Closed on
Aug 29, 1995
Sold by
Driggs Merlin Forrest and Driggs Sally Heath
Bought by
Driggs Merlin F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ellobornola Llc -- None Available
Kelley Daniel $797,500 Chicago Title
Manestitaya Tim $667,500 Fatcola
Cheung Bradford L $438,000 California Counties Title
Bank Of America National Association $425,000 Accommodation
Thomas Kendal L -- Fidelity National Title Co
Thomas Kendal $825,000 Fidelity National Title Co
Caruthers Anthony Quinn $390,000 Chicago Title Co
Driggs Merlin -- Chicago Title Co
Hasler Alois $300,000 Chicago Title Co
Driggs Merlin F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Manestitaya Tim $467,250
Previous Owner Cheung Bradford L $328,350
Previous Owner Thomas Kendal L $618,750
Previous Owner Thomas Kendal $165,000
Previous Owner Caruthers Anthony Quinn $351,000
Previous Owner Hasler Alois $225,000
Closed Hasler Alois $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2016 09/01/16 Sold $797,500 -3.3% $221 / Sq Ft
07/18/2016 07/18/16 Price Changed $824,800 +1.9% $229 / Sq Ft
04/08/2016 04/08/16 For Sale $809,800 +21.3% $224 / Sq Ft
08/01/2014 08/01/14 Sold $667,500 +2.9% $185 / Sq Ft View Prior Sale
06/30/2014 06/30/14 Pending -- -- --
06/14/2014 06/14/14 For Sale $649,000 -- $180 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,176 $925,562 $182,789 $742,773
2024 $12,176 $907,414 $179,205 $728,209
2023 $11,970 $889,623 $175,692 $713,931
2022 $11,246 $872,181 $172,248 $699,933
2021 $11,011 $855,080 $168,871 $686,209
2019 $10,854 $830,319 $163,863 $666,456
2018 $10,513 $814,050 $160,650 $653,400
2016 $8,460 $677,678 $253,812 $423,866
2015 $8,126 $667,500 $250,000 $417,500
2014 $5,882 $460,996 $210,597 $250,399
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16072774

California Regional Multiple Listing Service (CRMLS)

APN: 7157-008-024

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