NOT LISTED FOR SALE

Estimated Value: $889,000 - $1,141,000

2 Beds
2 Baths
1,644 Sq Ft
$586/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $645,000 $392 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,986/month

5 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Carpet
  • Laundry Room
  • Wrought Iron Fence
  • Back and Front Yard

About This Home

As of November 2018

Great opportunity for investors or anyone looking for a project with Amazing Potential with this Duplex. Two 1 Bedroom and 1 Bath side by side units with separate water heaters, spacious living rooms and ample size bedrooms. Situated on over 6,400 sqft. lot with room for private parking. Located near University Park and blocks from the 110/10 Freeways. Value mainly in Land.

Last Agent to Sell the Property

Dale Jervis

Century 21 Jervis & Associates License #00849695 Listed on: 08/15/2018

Century 21 Jervis & Associates

Last Buyer's Agent

Dale Jervis

Century 21 Jervis & Associates License #00849695 Listed on: 08/15/2018

Century 21 Jervis & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,834

Year Built

  • Built in 1921

Lot Details

  • 6,441 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Back and Front Yard

Home Design

  • Shingle Roof

Interior Spaces

  • 1,644 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • Parking Available
  • Uncovered Parking
  • On-Site Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 2221
  • Assessor Parcel Number 5040001018

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $500
  • Trash Expense $40
  • Water Sewer Expense $40
  • Operating Expense $600
  • Net Operating Income $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,834

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 40.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 5040001018
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Levels: One
  • Price Per Square Foot: 392.34

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: On Site, Uncovered

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Baseboard
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 40.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6441.00
  • Lot Size Acres: 0.1479

Multi Family

  • Average1 Bed Area: 800 Square Feet
  • Average2 Bed Area: 800 Square Feet
  • Gross Scheduled Income: 21600.00
  • Insurance Expense: 500.00
  • Lot Size Area: 6441.0000 Square Feet
  • Net Operating Income: 600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 50.00
  • Rent Control: Yes
  • Total Actual Rent: 2600.00
  • Total Expenses: 600.00

Tax Info

  • Tax Census Tract: 2221.00
  • Tax Lot: 19
  • Tax Tract Number: 2221

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2025
Sold by
3017 Kenwood Ave Llc
Bought by
Peng Zhenzhou and Tian Yuan
Current Estimated Value
$963,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Outstanding Balance
$2,400,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
-$1,411,577

Purchase Details

Listed on
Aug 15, 2018
Closed on
Oct 16, 2018
Sold by
Estate Of Salvador A Sanabria
Bought by
Peng Zhenzhou and Tian Yuan
Seller's Agent
Dale Jervis
Century 21 Jervis & Associates
Buyer's Agent
Dale Jervis
Century 21 Jervis & Associates
List Price
$499,000
Sold Price
$645,000
Premium/Discount to List
$146,000
29.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Original Mortgage
$483,750
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2007
Sold by
Sanabria Daisy
Bought by
Sanabria Salvador
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
Peng Zhenzhou -- Wfg National Title
Peng Zhenzhou $645,000 Lawyers Title
Sanabria Salvador -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peng Zhenzhou $2,400,000
Previous Owner Peng Zhenzhou $880,000
Previous Owner Peng Zhenzhou $595,000
Previous Owner Peng Zhenzhou $483,750
Previous Owner Sanabria Salvador A $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2018 11/30/18 Sold $645,000 0.0% $392 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
08/20/2018 08/20/18 Off Market $645,000 -- --
08/15/2018 08/15/18 For Sale $499,000 -- $304 / 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 $8,834 $719,505 $501,981 $217,524
2024 $8,834 $705,398 $492,139 $213,259
2023 $8,670 $691,568 $482,490 $209,078
2022 $8,276 $678,009 $473,030 $204,979
2021 $8,170 $664,715 $463,755 $200,960
2019 $7,931 $645,000 $450,000 $195,000
2018 $1,790 $129,395 $87,582 $41,813
2016 $1,700 $124,373 $84,182 $40,191
2015 $1,678 $122,506 $82,918 $39,588
2014 $1,700 $120,107 $81,294 $38,813
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18199951

California Regional Multiple Listing Service (CRMLS)

APN: 5040-001-018