NOT LISTED FOR SALE

Estimated Value: $808,000 - $1,030,000

4 Beds
2 Baths
1,898 Sq Ft
$479/Sq Ft Est. Value

Sale Details

Date Sold: October 4, 2023

Last sale price $835,000 $440 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,892 / mo

31 Days on Market

Highlights

  • No HOA
  • Hughes Middle School Rated A-
  • 1-Story Property

About This Home

As of October 2023

This is an investor's Dream! Don't miss out on this opportunity to own a duplex in the low Bixby Knoll neighborhood. Each unit offers a spacious open floor plan with a generous size living area, light and bright kitchen with dining area, 2 bedrooms, a bath and one detach car garage. Both units are completely renovated including new kitchen cabinets, quartz countertop, tile backsplash and new stainless appliances. New bathroom with new bathtub, vanity with new cabinet and quartz countertop. New laminate flooring throughout the house. Recess lightings in living room, kitchen and bedrooms. New windows with new shutters. Upgraded electrical and plumbing. New painting of interior and exterior along with new fascia. There is a detached 2 car garage that has a separate door for each unit. Each unit has their own electric and gas meters. Location is easy access to the fwy and shopping center. Long term and good tenants. This one won't last.

Last Agent to Sell the Property

Kim Trinh

First Team Real Estate License #01293200 Listed on: 07/21/2023

First Team Real Estate

Last Buyer's Agent

Joseph Guerrero

The Brad Korb Real Estate Grp License #02078524

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 4,561 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,898 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance
  • Legal Lot and Block 28 / 13
  • Tax Tract Number 3636
  • Assessor Parcel Number 7206009038
  • $483 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Bixby Knolls Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $840
  • Operating Expense $840
  • Gross Income $43,200
  • Net Operating Income $42,360

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

4,561 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Bixby Knolls (BK)
  • Water Sewer Expenses: 840.00
  • Zoning: LBR2N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7206009038
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 439.94
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Electric: Electricity - On Property, Standard
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 4561.00
  • Lot Size Acres: 0.1047

Rental Info

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

Multi Family

  • Gross Income: 43200.00
  • Gross Scheduled Income: 43200.00
  • Lot Size Area: 4561.0000 Square Feet
  • Net Operating Income: 42360.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 840.00
  • Rent Control: No
  • Total Expenses: 840.00

Tax Info

  • Tax Block: 13
  • Tax Census Tract: 5722.01
  • Tax Lot: 28
  • Tax Tract Number: 3636
  • TaxOtherAnnualAssessmentAmount: 483.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2024
Sold by
Bought by
Current Estimated Value
$909,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,700
Interest Rate
0.0575%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 21, 2023
Closed on
Sep 19, 2023
Sold by
Bought by
Seller's Agent
Kim Trinh
First Team Real Estate
Buyer's Agent
Joseph Guerrero
The Brad Korb Real Estate Grp
List Price
$925,000
Sold Price
$835,000
Premium/Discount to List
-$90,000
-9.73%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.07%
Original Mortgage
$764,651
Interest Rate
0.065%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 2016
Sold by
Bought by

Purchase Details

Closed on
Jul 29, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
0.0597%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 1993
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title Insurance
-- --
$835,000 Western Resources Title
-- None Available
-- None Available
-- Stewart Title Irvine
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $740,700
Previous Owner $764,651
Previous Owner $119,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/04/2023 10/04/23 Sold $835,000 -9.7% $440 / Sq Ft
09/08/2023 09/08/23 For Sale $925,000 0.0% $487 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $925,000 -- $487 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,260 $851,700 $511,020 $340,680
2024 $10,776 $835,000 $501,000 $334,000
2023 $4,567 $327,160 $195,451 $131,709
2022 $4,297 $320,746 $191,619 $129,127
2021 $4,204 $314,458 $187,862 $126,596
2019 $4,145 $305,133 $182,291 $122,842
2018 $3,964 $299,151 $178,717 $120,434
2016 $3,642 $287,536 $171,778 $115,758
2015 $3,500 $283,218 $169,198 $114,020
2014 $3,484 $277,671 $165,884 $111,787
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23134794

California Regional Multiple Listing Service (CRMLS)

APN: 7206-009-038

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