NOT LISTED FOR SALE

Estimated Value: $1,398,000 - $1,621,589

5 Beds
4 Baths
2,642 Sq Ft
$587/Sq Ft Est. Value

Last Sold August 21, 2019

Last sale price $1,045,000 $396 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $9,641/month

100 Days on Market

Highlights

  • Craftsman Architecture
  • Property is near public transit
  • High Ceiling
  • Woodrow Wilson High School Rated A
  • Loft
  • Granite Countertops

About This Home

As of August 2019

There is so much amazing potential with this charming duplex at 2835 E 4th St. With a three bedroom home in the front and a separate two bedroom atop a four car garage in the back, this versatile Rose Park property is an ideal investment opportunity - close to Ralph shopping center, retro-row and within walking distance of the beach. The beauty of this open and bright front house offers ample windows that usher floods of natural light with handsome flooring. The loft space over the living room is great as an office or workout space. The living room flows into the dining room and kitchen, which offers plenty of cabinet and counter space. The bedrooms are spacious and light with generous closets and laminate flooring. The concrete patio area is useful for outdoor dining and relaxing. The second living space sits over a 4-car garage and features two private decks. Hardwood floors cover much of the unit and the airy atmosphere is enhanced by multiple windows and a skylight in the living room and bathroom. The kitchen exudes casual chic with gray tile floors, upgraded counters, and contrasting white cabinets. A sliding glass door in the dining area allows access to the primary deck. The bedrooms are roomy and offer entrance to the second smaller deck through french doors. The unit also offers updated bathrooms with pristine cabinets and white counters. Both units have private laundry rooms, unit 1's laundry is located inside and unit 2's is located in the garage.

Last Agent to Sell the Property

Jeff Anderson

eXp Realty of California Inc License #01729514 Listed on: 04/05/2019

eXp Realty of California Inc

Co-Listed By

Justin Carskadon

California Real Estate Company License #01881513

Last Buyer's Agent

Justin Carskadon

California Real Estate Company License #01881513

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,501

Year Built

  • Built in 1918 | Remodeled

Lot Details

  • 6,751 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Back and Front Yard

Parking

  • 5 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Duplex
  • Craftsman Architecture

Interior Spaces

  • 2,642 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Living Room
  • Loft
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Electric Dryer Hookup

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 17
  • Tax Tract Number 5768
  • Assessor Parcel Number 7257008019

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $900
  • Fuel Expense $960
  • Gardener Expense $600
  • Insurance Expense $1,026
  • Water Sewer Expense $575
  • New Taxes Expense $8,702
  • Operating Expense $12,762
  • Gross Income $14,400
  • Net Operating Income $46,038

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,501

Year Built

Built in 1918 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Rose Park
  • Water Sewer Expenses: 574.56
  • Zoning: LBR3T
  • Architectural Style: Craftsman
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7257008019
  • Year Built: 1918
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s), Crown Molding, Granite Counters, High Ceilings
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Levels: One
  • Price Per Square Foot: 395.53
  • Room Type: Kitchen, Living Room, Loft

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, In Garage, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Near Public Transit
  • Lot Size Sq Ft: 6751.00
  • Lot Size Acres: 0.1550

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Electric Expense: 900.00
  • Fuel Expense: 960.00
  • Gross Income: 14400.00
  • Gross Scheduled Income: 58800.00
  • Insurance Expense: 1026.30
  • Lot Size Area: 6751.0000 Square Feet
  • Net Operating Income: 46037.54
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 12762.40
  • Rent Control: No
  • Total Expenses: 12762.46

Tax Info

  • New Taxes Expense: 8701.60
  • Tax Lot: 17
  • Tax Tract Number: 5768

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2019
Closed on
Jul 22, 2019
Sold by
Deutscher Derek M and Ali Ahmad Layla
Bought by
Roen David Neil
Seller's Agent
Jeff Anderson
eXp Realty of California Inc
Buyer's Agent
Justin Carskadon
California Real Estate Company
List Price
$1,100,000
Sold Price
$1,045,000
Premium/Discount to List
-$55,000
-5%
Current Estimated Value
$1,550,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,647
Avg. Annual Appreciation
6.75%
Original Mortgage
$560,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 16, 2012
Closed on
Aug 24, 2012
Sold by
Cravens Robert C and Cravens Dianne M
Bought by
Deutscher Derek Michael and Ali Ahmad Layla Michelle
Seller's Agent
Brian Johnson
Corcoran Global Living
Buyer's Agent
Jeff Anderson
eXp Realty of California Inc
List Price
$690,000
Sold Price
$632,000
Premium/Discount to List
-$58,000
-8.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%
Original Mortgage
$620,552
Interest Rate
3.52%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 23, 2005
Sold by
Cravens Robert C and Cravens Dianne M
Bought by
Cravens Robert C and Cravens Dianne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2003
Sold by
Cravens Robert C
Bought by
Cravens Robert C and Cravens Dianne M

Purchase Details

Closed on
Sep 28, 1998
Sold by
Sangor Marion Tr Marion C Sangor Trust
Bought by
Cravens Marion and Cravens Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.88%

Purchase Details

Closed on
Aug 23, 1996
Sold by
Ybarra Rosendo
Bought by
Ybarra Anita
Source: Public Records

Range of Values:

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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
Roen David Neil $1,045,000 Fidelity National Title
Deutscher Derek Michael $632,000 Western Resources Title
Cravens Robert C -- Chicago Title
Cravens Robert C -- Chicago Title
Cravens Robert C -- --
Cravens Marion -- Fidelity National Title Ins
Ybarra Anita -- American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roen David Neil $550,000
Closed Roen David Neil $560,000
Previous Owner Deutscher Derek M $170,000
Previous Owner Deutscher Derek M $598,500
Previous Owner Deutscher Derek M $598,500
Previous Owner Deutscher Derek Michael $620,552
Previous Owner Cravens Robert C $488,386
Previous Owner Cravens Robert C $371,359
Previous Owner Cravens Robert C $300,000
Previous Owner Cravens Marion $200,000
Previous Owner Cravens Marion $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2019 08/21/19 Sold $1,045,000 -5.0% $396 / Sq Ft
07/14/2019 07/14/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $1,100,000 +74.1% $416 / Sq Ft
10/17/2012 10/17/12 Sold $632,000 -8.4% $239 / Sq Ft
10/11/2012 10/11/12 Pending -- -- --
07/16/2012 07/16/12 For Sale $690,000 -- $261 / 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 $14,501 $1,142,856 $710,868 $431,988
2024 $14,501 $1,120,448 $696,930 $423,518
2023 $14,263 $1,098,479 $683,265 $415,214
2022 $13,387 $1,076,941 $669,868 $407,073
2021 $13,126 $1,055,826 $656,734 $399,092
2020 $13,092 $1,045,000 $650,000 $395,000
2019 $9,025 $700,961 $441,561 $259,400
2018 $8,702 $687,217 $432,903 $254,314
2016 $7,996 $660,534 $416,094 $244,440
2015 $7,674 $650,613 $409,844 $240,769
2014 $7,622 $634,869 $401,816 $233,053
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19062140

California Regional Multiple Listing Service (CRMLS)

APN: 7257-008-019