NOT LISTED FOR SALE

Estimated Value: $965,134 - $1,107,000

1 Bed
1 Bath
2,684 Sq Ft
$382/Sq Ft Est. Value

Last Sold July 30, 2017

Last sale price $640,000 $238 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $6,189/month

8 Days on Market

Highlights

  • Traditional Architecture
  • Floor Furnace
  • Level Lot
  • No HOA
  • Wood Fence
  • Wood Siding

About This Home

As of July 2017

Great Investment! Easy management! Fully leased two story four plex apartment complex with four car ports Two units upstairs and two units downstairs Separate Electricity meters and Gas meters Convenient location, only one block south of Valley Blvd. Zoning EMR3YY Built in 1963 Gross Income approximately $44,700.00 Please do not disturb the occupants

Last Agent to Sell the Property

Suzie Koo

Keller Williams Realty License #00915365 Listed on: 06/08/2017

Keller Williams Realty

Co-Listed By

David Hsu

David Hsu, Broker License #00579476

Last Buyer's Agent

Eva Wong

Pegasus Financial Inc. License #00828257

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 5,060 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Property Attached
  • Cosmetic Repairs Needed
  • Flat Roof Shape
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,684 Sq Ft Home
  • 2-Story Property

Kitchen

  • Gas Oven
  • Gas Cooktop

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Rain Gutters

Utilities

  • Floor Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 4
  • Tax Tract Number 4
  • Assessor Parcel Number 8106013013

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,620
  • Trash Expense $2,726
  • Water Sewer Expense $1,628
  • New Taxes Expense $8,173
  • Operating Expense $16,689
  • Gross Income $44,700
  • Net Operating Income $28,011

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 1628.00
  • Zoning: EMR3YY
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 8106013013
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 238.45

Exterior Features

  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition, Flat
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Oven, Gas Cooktop
  • Heating Type: Floor Furnace
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 2725.50
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Amenities: Sewer, Water
  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 5060.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 671 Square Feet
  • Gross Income: 44700.00
  • Gross Scheduled Income: 44700.00
  • Insurance Expense: 1620.00
  • Net Operating Income: 28010.75
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 16689.20
  • Rent Control: No
  • Total Actual Rent: 3725.00
  • Total Expenses: 16689.25

Tax Info

  • New Taxes Expense: 8173.00
  • Tax Census Tract: 4339.01
  • Tax Lot: 4
  • Tax Tract Number: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2017
Sold by
Yang Kevin Jun
Bought by
Yang Kevin Jun and Yang Victoria Wond Kay Wong
Current Estimated Value
$1,025,284

Purchase Details

Listed on
Jun 8, 2017
Closed on
Jul 11, 2017
Sold by
Chao Anna
Bought by
Yang Kevin Jun and Yang Victoria Wondkay Wong
Seller's Agent
Suzie Koo
Keller Williams Realty
Buyer's Agent
Eva Wong
Pegasus Financial Inc.
List Price
$650,000
Sold Price
$640,000
Premium/Discount to List
-$10,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%
Original Mortgage
$480,000
Outstanding Balance
$398,799
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$626,485

Purchase Details

Closed on
Apr 3, 2008
Sold by
Chao Tai Jen
Bought by
Chao Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 1998
Sold by
Smith David E
Bought by
Smith David Edward and The David Edward Smith Trust

Purchase Details

Closed on
Aug 18, 1994
Sold by
Delcroix Desiree L
Bought by
Delcroix Desiree L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yang Kevin Jun -- None Available
Yang Kevin Jun $640,000 Title 365
Chao Anna -- Fidelity National Title Co
Chao Anna $525,000 Fidelity National Title Co
Smith David Edward -- --
Delcroix Desiree L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Kevin Jun $480,000
Previous Owner Chao Anna $367,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2017 07/30/17 Sold $640,000 -1.5% $238 / Sq Ft
06/17/2017 06/17/17 For Sale $650,000 +1.6% $242 / Sq Ft
06/16/2017 06/16/17 Off Market $640,000 -- --
06/16/2017 06/16/17 For Sale $650,000 +1.6% $242 / Sq Ft
06/16/2017 06/16/17 Pending -- -- --
06/14/2017 06/14/17 Off Market $640,000 -- --
06/08/2017 06/08/17 For Sale $650,000 -- $242 / 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 $10,382 $728,205 $473,334 $254,871
2024 $10,382 $713,927 $464,053 $249,874
2023 $10,215 $699,929 $454,954 $244,975
2022 $9,829 $686,206 $446,034 $240,172
2021 $10,060 $672,752 $437,289 $235,463
2019 $9,753 $652,800 $424,320 $228,480
2018 $9,360 $640,000 $416,000 $224,000
2017 $8,680 $594,173 $226,350 $367,823
2016 $8,218 $582,523 $221,912 $360,611
2015 $8,128 $573,774 $218,579 $355,195
2014 $7,968 $562,536 $214,298 $348,238
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR17127675

California Regional Multiple Listing Service (CRMLS)

APN: 8106-013-013