NOT LISTED FOR SALE

Estimated Value: $828,000 - $961,211

6 Beds
3 Baths
1,988 Sq Ft
$454/Sq Ft Est. Value

Last Sold October 02, 2015

Last sale price $472,000 $237 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $5,534/month

3 Days on Market

Highlights

  • Corner Lot
  • Living Room
  • Wall Furnace
  • No HOA
  • Ceiling Fan
  • 5-minute walk to 14th Street Park

About This Home

As of October 2015

Great Investment Opportunity! Located Close to Schools, Shopping and Easy Freeway Access. Property features 3 Units: 1st Unit has 3 bedrooms & 1 bath, 2nd Unit has 2 bedrooms & 1 bath, and 3rd Unit has 1 bedroom & 1 bath. All Units are currently rented.

Last Agent to Sell the Property

Alex Krin

Elite Homes Realty License #01386368 Listed on: 08/01/2015

Last Buyer's Agent

Jose Nunez

First Team Real Estate License #01273748

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,440

Year Built

  • Built in 1948

Lot Details

  • 4,826 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 1,988 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Laminate Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 5421
  • Assessor Parcel Number 7269041004

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,800
  • Insurance Expense $925
  • Trash Expense $850
  • Water Sewer Expense $1,925
  • New Taxes Expense $5,300
  • Gross Income $3,250
  • Net Operating Income $25,530

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,440

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Other Phone Number: 562-889-0466
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1925.00
  • Property Type: Residential Income
  • Parcel Number: 7269041004
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 237.42
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: No
  • Appliances: Dishwasher
  • Heating Type: Wall Furnace
  • Trash Expense: 850.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 4826.00
  • Price Per Lot Square Foot: 97.80
  • Lot Size Acres: 0.1110

Multi Family

  • Electric Expense: 1800.00
  • Gross Income: 3250.00
  • Gross Scheduled Income: 39000.00
  • Insurance Expense: 925.00
  • Lot Size Area: 4826.0000 Square Feet
  • Net Operating Income: 25530.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 12300.00
  • Rent Control: No
  • Vacancy Allowance: 3

Tax Info

  • New Taxes Expense: 5300.00
  • Tax Lot: 2
  • Tax Tract Number: 5421

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2015
Closed on
Sep 28, 2015
Sold by
Kimhak & Sody Hem Investment Inc
Bought by
Tejeda Miguel and Tejeda Maria G
Seller's Agent
Alex Krin
Elite Homes Realty
Buyer's Agent
Jose Nunez
First Team Real Estate
List Price
$465,000
Sold Price
$472,000
Premium/Discount to List
$7,000
1.51%
Current Estimated Value
$901,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,803
Avg. Annual Appreciation
6.77%
Original Mortgage
$354,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2014
Sold by
Muy Sodema
Bought by
Kimhak & Sody Hem Investment Inc

Purchase Details

Closed on
Sep 30, 2011
Sold by
Willow Vista Rentals Llc
Bought by
Muy Sodema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2011
Sold by
Carrillo Dolores Jose and Mendez Mariana
Bought by
Willow Vista Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
4.73%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 11, 2007
Sold by
Carrillo Dolores Jose and Mendez Mariana
Bought by
Mendez Mariana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Interest Rate
6.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2007
Sold by
Carrillo Dolores Jose
Bought by
Carrillo Dolores Jose

Purchase Details

Closed on
Feb 10, 2004
Sold by
Mendez Mariana
Bought by
Carrillo Dolores Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,400
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2003
Sold by
Davila Ascencion
Bought by
Carrillo Dolores Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,400
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
Tejeda Miguel $472,000 Lawyers Title
Kimhak & Sody Hem Investment Inc -- Accommodation
Muy Sodema $350,000 Fidelity National Title Co
Willow Vista Rentals Llc -- Fidelity National Title Co
Mendez Mariana -- American Coast Title Company
Carrillo Dolores Jose -- Accommodation
Carrillo Dolores Jose -- --
Carrillo Dolores Jose $399,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tejeda Miguel $565,000
Closed Tejeda Miguel $354,000
Previous Owner Muy Sodema $262,500
Previous Owner Muy Sodema $262,500
Previous Owner Willow Vista Rentals Llc $0
Previous Owner Mendez Mariana $506,250
Previous Owner Carrillo Dolores Jose $500,000
Previous Owner Carrillo Dolores Jose $318,400
Closed Carrillo Dolores Jose $79,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2015 10/02/15 Sold $472,000 +1.5% $237 / Sq Ft
08/04/2015 08/04/15 Pending -- -- --
08/01/2015 08/01/15 For Sale $465,000 -- $234 / 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 $7,440 $558,744 $295,947 $262,797
2024 $7,440 $547,790 $290,145 $257,645
2023 $7,313 $537,050 $284,456 $252,594
2022 $6,873 $526,521 $278,879 $247,642
2021 $6,730 $516,198 $273,411 $242,787
2019 $6,634 $501,089 $265,302 $235,787
2018 $6,402 $491,268 $260,100 $231,168
2016 $5,892 $472,000 $250,000 $222,000
2015 $5,154 $420,000 $200,000 $220,000
2014 $4,525 $358,620 $204,926 $153,694
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15169083

California Regional Multiple Listing Service (CRMLS)

APN: 7269-041-004