NOT LISTED FOR SALE
12 Beds
11 Baths
7,361 Sq Ft
0.32 Acre Lot

Sale Details

Date Sold: January 28, 2015

Last sale price $650,000 $88 Per Sq Ft

35 Days on Market

Highlights

  • In Ground Pool
  • 0.32 Acre Lot
  • No HOA

About This Home

As of January 2015

LOW Rents currently, Seller has owned it for over 20 years plus, Great area, a must see, many tenants have been there a long time, great corner Lot near the 210 Fwy, but not too close for it to become a problem, it is in good condition, it has not been upgraded recently, but it is very habitable, in its current condition Rents are still too low... PLease do not walk on property, or Disturb or Talk to Tenants....definitely a must see. LOTS OF UP SIDE

Last Agent to Sell the Property

Carlos Mendoza

ALL STAR REAL ESTATE & LOANS License #00768433 Listed on: 06/02/2014

Last Buyer's Agent

JOSE NAVARRO

NAVARRO REAL ESTATE License #00686743

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 13,950 Sq Ft Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 11 Car Garage

Home Design

  • 7,361 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 11 Bathrooms

Additional Features

  • In Ground Pool
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 12
  • Tax Tract Number 1904
  • Assessor Parcel Number 0149121310000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 11 Units

Building Details

  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,111
  • Gardener Expense $2,100
  • Insurance Expense $1,965
  • Maintenance Expense $120
  • Other Expense $442
  • Pool Expense $1,800
  • Professional Management Expense $600
  • Trash Expense $1,485
  • Water Sewer Expense $4,639
  • New Taxes Expense $8,160
  • Gross Income $78,480
  • Net Operating Income $53,212

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0.32 Acres

Parking

11

Listing Details

  • Assessments: Yes
  • CapRate: 7.80
  • Professional Management Expense: 600.00
  • Property Attached: Yes
  • Water Sewer Expenses: 4639.00
  • Property Type: Residential Income
  • Gardener Expense: 2100.00
  • Parcel Number: 0149121310000
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 88.30

Exterior Features

  • Pool Expense: 1800.00
  • Pool Features: In Ground, Private
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 11.00
  • Total Parking Spaces: 11.00

Utilities

  • Sewer: Sewer Paid
  • Trash Expense: 1485.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 13950.00
  • Lot Size Acres: 0.3200

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1111.00
  • Gross Income: 78480.00
  • Gross Multiplier: 12.00
  • Gross Scheduled Income: 78480.00
  • Insurance Expense: 1965.00
  • Lot Size Area: 13950.0000 Square Feet
  • Maintenance Expense: 120.00
  • Net Operating Income: 53212.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 11
  • Operating Expense: 22913.00
  • Other Expense: 442.00
  • Other Expense Description: pool per
  • Rent Control: No
  • Total Actual Rent: 6540.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 8160.00
  • Tax Lot: 12
  • Tax Tract Number: 1904
  • Tax Year: 2013

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
Jul 7, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
0.0417%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 2, 2008
Sold by
Bought by

Purchase Details

Closed on
Apr 20, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
0.0714%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 22, 1999
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$650,000 Wfg Title Company
-- None Available
-- None Available
-- None Available
$294,000 American Title Co
-- American Title Co
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
Closed $630,000
Closed $105,000
Closed $487,500
Closed $250,000
Closed $220,500
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
01/28/2015 01/28/15 Sold $650,000 -4.4% $88 / Sq Ft
07/07/2014 07/07/14 Pending -- -- --
06/02/2014 06/02/14 For Sale $680,000 -- $92 / 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 $9,887 $781,202 $96,148 $685,054
2024 $9,684 $765,885 $94,263 $671,622
2023 $9,443 $750,868 $92,415 $658,453
2022 $9,468 $736,145 $90,603 $645,542
2021 $9,494 $721,710 $88,826 $632,884
2020 $9,527 $714,310 $87,915 $626,395
2019 $9,236 $700,304 $86,191 $614,113
2018 $9,128 $686,573 $84,501 $602,072
2017 $8,847 $673,111 $82,844 $590,267
2016 $8,581 $659,913 $81,220 $578,693
2015 $8,592 $351,548 $61,460 $290,088
2014 $4,520 $344,662 $60,256 $284,406
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV14114384

California Regional Multiple Listing Service (CRMLS)

APN: 0149-121-31

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