NOT LISTED FOR SALE

Estimated Value: $908,042 - $1,234,000

8 Beds
4 Baths
3,408 Sq Ft
$302/Sq Ft Est. Value

Last Sold December 15, 2016

Last sale price $505,000 $148 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $6,010/month

138 Days on Market

About This Home

As of December 2016

Great Investment Opportunity! Lovely 4 units 2 level complex near to schools, shopping center, and the University. Each unit has 2 Bedrooms and 1 Bath. Downstairs units have private patio.

Last Agent to Sell the Property

Corey Moore

World Team Realty License #01511367 Listed on: 04/14/2016

Last Buyer's Agent

Richard Vu

Your 1st Realty License #01326661

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,587

Year Built

  • Built in 1979

Lot Details

  • 9,900 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 4 Car Garage

Home Design

  • 3,408 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 14
  • Assessor Parcel Number 211081015

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $793
  • Trash Expense $1,251
  • Water Sewer Expense $2,640
  • New Taxes Expense $2,685
  • Gross Income $3,325
  • Net Operating Income $32,531

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,587

Year Built

Built in 1979

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 2640.00
  • Property Type: Residential Income
  • Parcel Number: 211081015
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 148.18

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Sewer Paid
  • Trash Expense: 1251.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9900.00
  • Price Per Lot Square Foot: 54.44

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 3325.00
  • Gross Scheduled Income: 39900.00
  • Insurance Expense: 793.00
  • Net Operating Income: 32531.00
  • 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
  • Number Wall A C: 4
  • Number With Carpet: 1
  • Number With Disposal: 4
  • Number With Patio: 2
  • Number With Range: 4
  • Operating Expense: 7369.00
  • Rent Control: No
  • Total Actual Rent: 3390.00

Tax Info

  • New Taxes Expense: 2685.00
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2016
Closed on
Dec 1, 2016
Sold by
Park Center Exchange Inc
Bought by
Tran Hoang M and Lam Dieu N
Seller's Agent
Corey Moore
World Team Realty
Buyer's Agent
Richard Vu
Your 1st Realty
List Price
$539,000
Sold Price
$505,000
Premium/Discount to List
-$34,000
-6.31%
Current Estimated Value
$1,030,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$525,011
Avg. Annual Appreciation
8.35%
Original Mortgage
$378,750
Interest Rate
3.47%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 14, 2016
Closed on
Nov 17, 2016
Sold by
Golden Star Invetsment Properties Llc
Bought by
Park Center Exchange Inc
Seller's Agent
Corey Moore
World Team Realty
Buyer's Agent
Richard Vu
Your 1st Realty
List Price
$539,000
Sold Price
$505,000
Premium/Discount to List
-$34,000
-6.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,750
Interest Rate
3.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 25, 2011
Sold by
Wayy Brian and Shayan Labkhand
Bought by
Golden Star Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Interest Rate
5.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 7, 2011
Sold by
Danesh Wayy Maryam
Bought by
Wayy Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Interest Rate
5.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 4, 2011
Sold by
Damian Jesus Ortiz
Bought by
Wayy Brian and Shayan Labkhand

Purchase Details

Closed on
Jun 29, 2007
Sold by
Ortiz Jesus
Bought by
Damian Jesus Ortiz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 9, 2005
Sold by
Ortiz Eloisa
Bought by
Ortiz Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 19, 2004
Sold by
Ortiz Eloisa
Bought by
Ortiz Jesus and Ortiz Eloisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 9, 2003
Sold by
De Oro Properties Llc
Bought by
Ortiz Eloisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
5.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 10, 2003
Sold by
Trujillo Gilbert D
Bought by
De Oro Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
5.71%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tran Hoang M $505,000 North American Title Co
Park Center Exchange Inc -- North American Title Co
Golden Star Investment Properties Llc -- Lawyers Title
Wayy Brian -- Lawyers Title
Wayy Brian $204,000 Lawyers Title
Damian Jesus Ortiz -- Accommodation
Ortiz Jesus -- Ticor Title Company Of Ca
Ortiz Jesus -- --
Ortiz Eloisa $290,000 Orange Coast Title Co
De Oro Properties Llc $220,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tran Hoang M $378,750
Previous Owner Wayy Brian $142,800
Previous Owner Ortiz Jesus $455,000
Previous Owner Ortiz Eloisa $261,000
Previous Owner De Oro Properties Llc $206,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2016 12/15/16 Sold $505,000 -6.3% $148 / Sq Ft
11/30/2016 11/30/16 For Sale $539,000 -5.4% $158 / Sq Ft
08/30/2016 08/30/16 Pending -- -- --
04/14/2016 04/14/16 For Sale $569,900 -- $167 / 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 $6,587 $586,088 $156,676 $429,412
2023 $6,587 $563,332 $150,593 $412,739
2022 $6,444 $552,288 $147,641 $404,647
2021 $6,346 $541,460 $144,747 $396,713
2020 $6,312 $535,909 $143,263 $392,646
2019 $6,185 $525,402 $140,454 $384,948
2018 $6,082 $526,175 $137,700 $388,475
2017 $5,978 $516,075 $135,000 $381,075
2016 $2,659 $231,849 $102,811 $129,038
2015 $2,685 $234,460 $101,268 $133,192
2014 $2,663 $230,202 $99,285 $130,917
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16078154

California Regional Multiple Listing Service (CRMLS)

APN: 211-081-015