NOT LISTED FOR SALE

Estimated Value: $1,099,000 - $1,551,000

4 Beds
3 Baths
2,519 Sq Ft
$504/Sq Ft Est. Value

Last Sold July 31, 2014

Last sale price $552,500 $219 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $7,417/month

About This Home

As of July 2014

**STANDARD SALE **Excellent Opportunity to Purchase a Duplex Income Property in a Nice Neighborhood! **Large
Square Footage...county records shows 2519 sq ft on a 4807 sq ft Lot! **Both units are vacant have just been
REMODELED w/ **NEW GRANITE COUNTERTOPS!!! **NEW CABINETS!! **NEW PAINT!! Potential estimated rent of
$3500.00/month for potential ANNUAL est INCOME OF $42000.00 ...Year After Year of steady income! Close to Shopping,
Schools & Parks!

Last Agent to Sell the Property

Rick Young

Young Estate Services License #01818513 Listed on: 07/10/2014

Last Buyer's Agent

Todd Kobayashi

Realty Moves License #01917992

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,209

Year Built

  • Built in 1928

Lot Details

  • 4,807 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Car Garage

Home Design

  • 2,519 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 479
  • Tax Tract Number 1446
  • Assessor Parcel Number 5049012001

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $42,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,209

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Parcel Number: 5049012001
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 219.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Size Sq Ft: 4807.00
  • Lot Size Acres: 0.1100

Multi Family

  • Gross Income: 42000.00
  • Gross Scheduled Income: 3500.00
  • Lot Size Area: 4807.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 479
  • Tax Tract Number: 1446
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2014
Closed on
Jul 29, 2014
Sold by
Gb Inland Properties Ii Llc
Bought by
Dante Jason Michael
Seller's Agent
Rick Young
Young Estate Services
Buyer's Agent
Todd Kobayashi
Realty Moves
List Price
$549,000
Sold Price
$552,500
Premium/Discount to List
$3,500
0.64%
Current Estimated Value
$1,268,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$716,281
Avg. Annual Appreciation
7.69%
Original Mortgage
$564,378
Outstanding Balance
$430,658
Interest Rate
4.13%
Mortgage Type
VA
Estimated Equity
$838,123

Purchase Details

Closed on
Feb 26, 2014
Sold by
Gb Inland Properties Ii Llc
Bought by
Gb Inland Properties Ii Llc

Purchase Details

Closed on
Feb 4, 2014
Sold by
Deutsche Bank National Trust Company
Bought by
Gb Inland Properties Ii Llc

Purchase Details

Closed on
Nov 7, 2013
Sold by
Alejo Maura P
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jun 25, 2013
Sold by
Alejo Maura P
Bought by
Ih2 Property West Lp

Purchase Details

Closed on
Jan 4, 2010
Sold by
Alejo Maura P
Bought by
Alejo Maura P and Alejo Octavio

Purchase Details

Closed on
Jun 27, 2005
Sold by
Childs Margaret
Bought by
Alejo Maura P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 21, 2000
Sold by
Ferguson Ralph M
Bought by
Childs Margaret and Childs Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,571
Interest Rate
8.24%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 18, 1999
Sold by
Ferguson Ralph M
Bought by
Ferguson Ralph M and Ferguson Eloise
Source: Public Records

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
Dante Jason Michael $555,000 None Available
Gb Inland Properties Ii Llc -- Accommodation
Gb Inland Properties Ii Llc $354,500 Accommodation
Deutsche Bank National Trust Company $451,500 Landsafe Title
Ih2 Property West Lp $362,000 Fidelity National Title Co
Alejo Maura P -- None Available
Alejo Maura P $625,000 Commerce Title Valencia
Childs Margaret $215,000 South Coast Title
Ferguson Ralph M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dante Jason Michael $564,378
Previous Owner Alejo Maura P $500,000
Previous Owner Childs Margaret $213,571
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2014 07/31/14 Sold $552,500 +0.6% $219 / Sq Ft
07/10/2014 07/10/14 Pending -- -- --
07/10/2014 07/10/14 For Sale $549,000 -- $218 / 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 $8,209 $667,018 $396,606 $270,412
2024 $8,209 $653,940 $388,830 $265,110
2023 $8,057 $641,118 $381,206 $259,912
2022 $7,692 $628,548 $373,732 $254,816
2021 $7,586 $616,224 $366,404 $249,820
2019 $7,362 $597,948 $355,537 $242,411
2018 $7,292 $586,224 $348,566 $237,658
2016 $13,466 $563,463 $335,032 $228,431
2015 $6,858 $555,000 $330,000 $225,000
2014 $4,580 $354,500 $264,500 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG14145444

California Regional Multiple Listing Service (CRMLS)

APN: 5049-012-001