$1,690,000
SOLD MAR 31, 2022
4 Beds
3 Baths
3,928 Sq Ft
6,155 Sq Ft Lot

Recently Sold

$430 Per Sq Ft

8% Below List Price

91 Days on Market

Highlights

  • Detached Guest House
  • No HOA
  • Double Pane Windows
  • Abraham Lincoln High School Rated A
  • Hiking Trails
  • Laundry Room

About This Home

As of March 2022

Completely remodeled 4 units plus ADU in a prestigious area of Cypress Park, Each unit has been recently renovated with new plumbing, HVAC, Kitchen, Bathroom, flooring and too much to list. All units have seperate gas, water, and electric meters, except for ADU detached in the back. Seller does not have permits for ADU, however buyer and buyers agent to verify any permits and use of this unit. Seller is a California Corporation and one of the officers is a licensed Real Estate Agent.

Last Agent to Sell the Property

ANTONIO SANCHEZ

REGIONAL REAL ESTATE License #01322104 Listed on: 11/15/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,626

Year Built

  • Built in 1920

Lot Details

  • 6,155 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Property Attached

Interior Spaces

  • 3,928 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Additional Features

  • Exterior Lighting
  • Detached Guest House

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, sewer
  • Tax Lot 30
  • Tax Tract Number 1223
  • Assessor Parcel Number 5455008027
  • $488 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Mountainous Community

Recreation

  • Dog Park
  • Hiking Trails

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,080
  • Trash Expense $1,200
  • Water Sewer Expense $1,000
  • Operating Expense $5,280
  • Gross Income $10,800
  • Net Operating Income $10,444

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,626

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Inclusions: 4 stoves, 4 refridgerators, 4 washer and dryer unit combos
  • Price Per Unit: 457250
  • Property Attached: Yes
  • Water Sewer Expenses: 1000.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5455008027
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 430.24
  • Window Features: Double Pane Windows

Exterior Features

  • Other Structures: Guest House Detached
  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Dog Park, Hiking, Mountainous, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6155.00
  • Lot Size Acres: 0.1413

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Sewer

Multi Family

  • Gross Income: 10800.00
  • Gross Scheduled Income: 10800.00
  • Insurance Expense: 3080.00
  • Lot Size Area: 6155.0000 Square Feet
  • Net Operating Income: 10444.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 356.00
  • Rent Control: No
  • Total Expenses: 5280.00

Tax Info

  • Tax Census Tract: 1852.03
  • Tax Lot: 30
  • Tax Tract Number: 1223
  • TaxOtherAnnualAssessmentAmount: 488.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2024
Sold by
Hirschorn Eyal Jacob and Hirschorn Anat Gill
Bought by
Macon 1 Llc
Current Estimated Value
$1,696,589

Purchase Details

Listed on
Nov 15, 2021
Closed on
Mar 25, 2022
Sold by
Sweat Glam Llc
Bought by
Hirschorn Eyal Jacob and Hirschorn Anat Gili
Seller's Agent
ANTONIO SANCHEZ
REGIONAL REAL ESTATE
List Price
$1,829,000
Sold Price
$1,690,000
Premium/Discount to List
-$139,000
-7.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.12%
Original Mortgage
$1,352,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2020
Sold by
Lujano Jorge
Bought by
Sweat Glam Llc

Purchase Details

Closed on
Dec 26, 2017
Sold by
Lujano Investment Inc
Bought by
Lujano Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,190,000
Interest Rate
3.95%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 2, 2017
Sold by
Lujano Jorge
Bought by
Lujano Investments Inc

Purchase Details

Closed on
Mar 21, 2017
Sold by
Sanchez Antonio and Lujano Jorge
Bought by
Lujano Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$845,000
Interest Rate
4.17%

Purchase Details

Listed on
Jan 31, 2016
Closed on
Oct 7, 2016
Sold by
Gudinodelujano Maria T
Bought by
Lujano Jorge
Seller's Agent
Alex Sanchez
REGIONAL REAL ESTATE
Buyer's Agent
Anthony Alonzo
Casablanca Real Estate & Inv
List Price
$575,000
Sold Price
$434,000
Premium/Discount to List
-$141,000
-24.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.68%
Original Mortgage
$630,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 31, 2016
Closed on
Sep 21, 2016
Sold by
De Los Angeles Llc
Bought by
Sanchez Antonio and Lujano Jorge
Seller's Agent
Alex Sanchez
REGIONAL REAL ESTATE
Buyer's Agent
Anthony Alonzo
Casablanca Real Estate & Inv
List Price
$575,000
Sold Price
$434,000
Premium/Discount to List
-$141,000
-24.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 31, 2016
Closed on
Sep 12, 2016
Sold by
Jimenez Adolfo
Bought by
De Los Angeles Llc
Seller's Agent
Alex Sanchez
REGIONAL REAL ESTATE
Buyer's Agent
Anthony Alonzo
Casablanca Real Estate & Inv
List Price
$575,000
Sold Price
$434,000
Premium/Discount to List
-$141,000
-24.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
3.44%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed $1,690,000 New Title Company Name
Grant Deed -- Accommodation
Grant Deed -- Property Id Title Company
Interfamily Deed Transfer -- Property Id Title Company
Interfamily Deed Transfer -- Property Id Title Company
Interfamily Deed Transfer -- Property Id Title Company
Grant Deed -- None Available
Warranty Deed -- Title 365
Interfamily Deed Transfer -- Usa National Title Company
Grant Deed $700,000 Property Id Title
Grant Deed $434,000 Usa National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,352,000 New Conventional
Previous Owner $800,000 Commercial
Previous Owner $1,330,000 Commercial
Previous Owner $1,190,000 Future Advance Clause Open End Mortgage
Previous Owner $845,000 No Value Available
Previous Owner $630,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $1,690,000 -7.6% $430 / Sq Ft
02/17/2022 02/17/22 For Sale $1,829,000 0.0% $466 / Sq Ft
02/14/2022 02/14/22 Pending -- -- --
12/27/2021 12/27/21 Pending -- -- --
12/18/2021 12/18/21 Price Changed $1,829,000 -3.7% $466 / Sq Ft
11/15/2021 11/15/21 For Sale $1,899,000 +337.6% $483 / Sq Ft
09/20/2016 09/20/16 Sold $434,000 -24.5% $223 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
01/31/2016 01/31/16 For Sale $575,000 -- $295 / 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
2024 $21,626 $1,758,276 $1,238,076 $520,200
2023 $21,207 $1,723,800 $1,213,800 $510,000
2022 $17,167 $1,428,000 $816,000 $612,000
2021 $16,947 $1,400,000 $800,000 $600,000
2020 $14,223 $1,144,440 $780,300 $364,140
2019 $13,664 $1,122,000 $765,000 $357,000
2018 $10,641 $856,800 $535,500 $321,300
2016 $1,165 $69,948 $25,446 $44,502
2015 $1,153 $68,898 $25,064 $43,834
2014 $1,185 $67,550 $24,574 $42,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21249055

California Regional Multiple Listing Service (CRMLS)

APN: 5455-008-027