NOT LISTED FOR SALE

Estimated Value: $1,419,342

3 Beds
5 Baths
4,508 Sq Ft
$315/Sq Ft Est. Value

Last Sold September 17, 2019

Last sale price $950,000 $211 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $8,544/month

6 Days on Market

About This Home

As of September 2019

The property is close to the schools and 60 fwy. The property has 3-1br-1ba, 1-2 br-1.5ba apts and 3 retail stores.

Last Agent to Sell the Property

T.Y. Hsu

IDEAL REALTY License #00767672 Listed on: 06/19/2019

Last Buyer's Agent

T.Y. Hsu

IDEAL REALTY License #00767672 Listed on: 06/19/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,201

Year Built

  • Built in 1923

Lot Details

  • 5,671 Sq Ft Lot
  • 1 Common Wall
  • Density is 6-10 Units/Acre

Home Design

  • 4,508 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 5186005001

Community Details

Overview

  • 2 Buildings
  • 7 Units

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $528
  • Insurance Expense $3,277
  • Maintenance Expense $2,105
  • Professional Management Expense $4,400
  • Trash Expense $2,913
  • Water Sewer Expense $3,879
  • New Taxes Expense $12,500
  • Operating Expense $29,602
  • Gross Income $79,104
  • Net Operating Income $49,502

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,201

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Professional Management Expense: 4400.00
  • Property Attached: Yes
  • Water Sewer Expenses: 3879.00
  • Zoning: LAC2
  • Property Type: Residential Income
  • Parcel Number: 5186005001
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 210.74

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 2913.00
  • 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: 6-10 Units/Acre
  • Lot Size Sq Ft: 5671.00
  • Lot Size Acres: 0.1302

Multi Family

  • Electric Expense: 528.00
  • Gross Income: 79104.00
  • Gross Scheduled Income: 79104.00
  • Insurance Expense: 3277.00
  • Lot Size Area: 5671.0000 Square Feet
  • Maintenance Expense: 2105.00
  • Net Operating Income: 49502.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 7
  • Operating Expense: 29602.00
  • Rent Control: No
  • Total Actual Rent: 69504.00
  • Total Expenses: 29602.00

Tax Info

  • New Taxes Expense: 12500.00
  • Tax Census Tract: 2041.20
  • Tax Lot: 1
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2019
Closed on
Sep 12, 2019
Sold by
Artic Bear Properties Llc
Bought by
Landzmen Holdings Iii Llc
Seller's Agent
T.Y. Hsu
IDEAL REALTY
Buyer's Agent
T.Y. Hsu
IDEAL REALTY
List Price
$1,000,000
Sold Price
$950,000
Premium/Discount to List
-$50,000
-5%
Current Estimated Value
$1,419,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$469,342
Avg. Annual Appreciation
6.78%
Original Mortgage
$617,500
Outstanding Balance
$541,987
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$877,355

Purchase Details

Listed on
Apr 26, 2014
Closed on
Aug 20, 2014
Sold by
Chang Chien Investment Llc
Bought by
Artic Bear Properties Llc
Seller's Agent
Loi Cao
Millennium Group Realty
Buyer's Agent
CHUN yANG
Home Team Realty
List Price
$575,000
Sold Price
$608,000
Premium/Discount to List
$33,000
5.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%
Original Mortgage
$395,200
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 20, 2003
Sold by
Moy Robert and Moy Renita
Bought by
Chang Chien Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 13, 2000
Sold by
Moy Robert G and Moy Renita N
Bought by
Moy Robert G and Moy Renita N
Source: Public Records

Range of Values:

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Average Value
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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
Landzmen Holdings Iii Llc $950,000 Stewart Title Of California
Artic Bear Properties Llc $608,000 Title 365
Chang Chien Investment Llc $310,000 Stewart Title Of Ca Inc
Moy Robert G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landzmen Holdings Iii Llc $617,500
Previous Owner Artic Bear Properties Llc $395,200
Previous Owner Chang Chien Investment Llc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2019 09/17/19 Sold $950,000 -5.0% $211 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
06/19/2019 06/19/19 For Sale $1,000,000 +64.5% $222 / Sq Ft
09/11/2014 09/11/14 Sold $608,000 +5.7% $133 / Sq Ft View Prior Sale
06/15/2014 06/15/14 Pending -- -- --
03/06/2014 03/06/14 For Sale $575,000 -- $126 / 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 $13,201 $1,038,958 $645,248 $393,710
2024 $13,201 $1,018,588 $632,597 $385,991
2023 $12,959 $998,617 $620,194 $378,423
2022 $12,383 $979,037 $608,034 $371,003
2021 $12,218 $959,841 $596,112 $363,729
2019 $8,624 $655,050 $269,346 $385,704
2018 $8,487 $642,207 $264,065 $378,142
2016 $7,736 $617,271 $253,812 $363,459
2015 $7,627 $608,000 $250,000 $358,000
2014 $4,780 $359,542 $185,570 $173,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS19144913

California Regional Multiple Listing Service (CRMLS)

APN: 5186-005-001