NOT LISTED FOR SALE

Estimated Value: $664,000 - $725,000

4 Beds
1 Bath
2,672 Sq Ft
$259/Sq Ft Est. Value

Last Sold February 09, 2023

Last sale price $595,000 $223 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,372/month

33 Days on Market

Highlights

  • Laundry Room
  • Rectangular Lot
  • 1-Story Property
  • Polytechnic High School Rated A-
  • No Heating

About This Home

As of February 2023

Be welcomed by a Rare Investment opportunity in Riverside. Enter into the first unit that has been completely remodeled with new paint, flooring, and windows. This unit features a 3 Bed/1 Bath. The next middle unit is a detached storage/ office space that has been completely remodeled with new paint & flooring throughout. The 3rd back unit on top of the garage is set up for a potential kitchen and bathroom. Garage Entry from the back ally with plenty of parking space and RV potential with Gate. Some of the recent upgrades include a NEW roof, NEW flooring, NEW double panel windows, fresh NEW exterior and interior paint, NEW garage door, NEW water heater, NEW AC, heater, and NEW appliances. Greeting you as enter is a brand NEW remodeled kitchen on the side and a NEW remodeled bath across. Middle Unit offers a side covered patio with an open floorplan great for an office. Last Unit features and living area, One bedroom, and one bathroom (potential). Great protentional for cash flow.

Last Agent to Sell the Property

Thomas Paulauskas

Keller Williams Realty Antelope Valley License #01793536 Listed on: 12/09/2022

Keller Williams Realty Antelope Valley

Last Buyer's Agent

Leticia Arteaga

RE/MAX TIME REALTY License #01171884

RE/MAX TIME REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,630

Year Built

  • Built in 1924

Lot Details

  • 8,276 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Triplex
  • Flat Tile Roof

Interior Spaces

  • 2,672 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Bathroom

Additional Features

  • Exterior Lighting
  • No Heating

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 209232011
  • $83 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $108
  • Fuel Expense $390
  • Insurance Expense $1,400
  • Trash Expense $390
  • Water Sewer Expense $390
  • Operating Expense $2,678
  • Gross Income $56,400
  • Net Operating Income $4,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,630

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 199667
  • Property Attached: No
  • Water Sewer Expenses: 390.00
  • Zoning: R2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 209232011
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 222.68

Exterior Features

  • Pool Private: No
  • Roof: Flat Tile
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 390.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Multi Family

  • Electric Expense: 108.00
  • Fuel Expense: 390.00
  • Gross Income: 56400.00
  • Gross Scheduled Income: 4700.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 8276.0000 Square Feet
  • Net Operating Income: 4200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 500.00
  • Rent Control: Yes
  • Total Expenses: 2678.00

Tax Info

  • Tax Census Tract: 301.03
  • Tax Lot: 46
  • Tax Tract Number: 999999
  • TaxOtherAnnualAssessmentAmount: 83.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2022
Closed on
Jan 13, 2023
Sold by
Zhang Jige
Bought by
Romo Vicente and Vasquez Tatiana J
Seller's Agent
Thomas Paulauskas
Keller Williams Realty Antelope Valley
Buyer's Agent
Leticia Arteaga
RE/MAX TIME REALTY
List Price
$618,800
Sold Price
$595,000
Premium/Discount to List
-$23,800
-3.85%
Views
165
Current Estimated Value
$691,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,479
Avg. Annual Appreciation
5.99%
Original Mortgage
$565,250
Outstanding Balance
$549,969
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$135,302

Purchase Details

Listed on
Jan 8, 2022
Closed on
Jan 24, 2022
Sold by
Bear Flag Homes Llc
Bought by
Zhang Jige
Seller's Agent
Sierra Self
Fiv Realty Co.
Buyer's Agent
Sierra Self
Fiv Realty Co.
List Price
$379,000
Sold Price
$420,250
Premium/Discount to List
$41,250
10.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.59%
Original Mortgage
$451,692
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2021
Sold by
Spargur Marjorie B
Bought by
Stanton Marjorie

Purchase Details

Closed on
Oct 4, 2021
Sold by
Haro Alma and Haro Miguel
Bought by
Spargur Gary

Purchase Details

Closed on
Mar 29, 2021
Sold by
Stanton Marjorie and Stanton Marjorie Spargur
Bought by
Spargur Gary

Purchase Details

Closed on
Nov 11, 2020
Sold by
Spargur Gary
Bought by
Haro Alma and Haro Miguel
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
Romo Vicente $595,000 --
Zhang Jige $443,000 Lawyers Title
Stanton Marjorie -- --
Spargur Gary -- None Available
Spargur Gary -- None Available
Stanton Marjorie -- --
Haro Alma -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romo Vicente $565,250
Previous Owner Quinones Jennifer $451,692
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2023 02/09/23 Sold $595,000 0.0% $223 / Sq Ft
02/09/2023 02/09/23 Sold $595,000 -0.7% $223 / Sq Ft
01/11/2023 01/11/23 Pending -- -- --
01/11/2023 01/11/23 Pending -- -- --
12/12/2022 12/12/22 Price Changed $599,000 -3.2% $224 / Sq Ft
12/09/2022 12/09/22 For Sale $618,800 +3.3% $232 / Sq Ft
12/08/2022 12/08/22 Price Changed $599,000 -3.2% $224 / Sq Ft
11/23/2022 11/23/22 Price Changed $618,800 -4.6% $232 / Sq Ft
11/16/2022 11/16/22 Price Changed $648,800 -7.2% $243 / Sq Ft
10/27/2022 10/27/22 For Sale $698,888 +66.3% $262 / Sq Ft
02/15/2022 02/15/22 Sold $420,250 +10.9% $217 / Sq Ft
01/08/2022 01/08/22 For Sale $379,000 -- $196 / Sq Ft
01/06/2022 01/06/22 Pending -- -- --
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
2023 $6,630 $535,500 $134,640 $400,860
2022 $5,454 $484,500 $121,380 $363,120
2021 $615 $54,620 $10,086 $44,534
2020 $609 $54,061 $9,983 $44,078
2019 $598 $53,002 $9,788 $43,214
2018 $586 $51,964 $9,597 $42,367
2017 $575 $50,946 $9,409 $41,537
2016 $541 $49,948 $9,225 $40,723
2015 $532 $49,200 $9,088 $40,112
2014 $524 $48,238 $8,911 $39,327
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22249182

California Regional Multiple Listing Service (CRMLS)

APN: 209-232-011