NOT LISTED FOR SALE

Estimated Value: $641,319 - $782,000

6 Beds
3 Baths
1,872 Sq Ft
$386/Sq Ft Est. Value

Last Sold March 27, 2024

Last sale price $650,000 $347 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,264/month

35 Days on Market

Highlights

  • 0.23 Acre Lot
  • Wall Furnace
  • 1-Story Property

About This Home

As of March 2024

Property in need of remodeling. Property to be delivered occupied. Great Investor opportunity with huge lot in neighborhood with the ability and space to build more. Also great lot for redevelopment.

Last Agent to Sell the Property

Edward Leiva

Leiva Group Real Estate Brokerage Phone: 310-956-5212 License #01923749 Listed on: 02/06/2024

Last Buyer's Agent

HUI WANG

IRN REALTY License #02001557

IRN REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Lot Details

  • 9,880 Sq Ft Lot
  • No Common Walls

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 1,872 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 11 / 1
  • Assessor Parcel Number 5178022046
  • $575 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,100
  • Operating Expense $1,100
  • Gross Income $3,581
  • Net Operating Income $3,081

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Zoning: LARD1.5
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5178022046
  • Year Built: 1918
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 347.22

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 9880.00
  • Lot Size Acres: 0.2268

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 3581.12
  • Gross Scheduled Income: 3581.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 9880.0000 Square Feet
  • Net Operating Income: 3081.12
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 500.00
  • Rent Control: No
  • Total Actual Rent: 3581.12
  • Total Expenses: 1100.00

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 2038.00
  • Tax Lot: 11
  • TaxOtherAnnualAssessmentAmount: 575.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2024
Closed on
Mar 14, 2024
Sold by
Zhang Changchang
Bought by
Wang Wei
Seller's Agent
Edward Leiva
Leiva Group Real Estate
Buyer's Agent
HUI WANG
IRN REALTY
List Price
$650,000
Sold Price
$650,000
Views
54
Current Estimated Value
$722,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,330
Avg. Annual Appreciation
6.04%

Purchase Details

Listed on
Feb 6, 2024
Closed on
Mar 11, 2024
Sold by
Duran Antonio and Duran Sara
Bought by
Wang Wei and Guo Wenxing
Seller's Agent
Edward Leiva
Leiva Group Real Estate
Buyer's Agent
HUI WANG
IRN REALTY
List Price
$650,000
Sold Price
$650,000
Views
54
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wang Wei -- Lawyers Title
Wang Wei $650,000 Lawyers Title Insurance Compan
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2024 03/27/24 Sold $650,000 0.0% $347 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
02/06/2024 02/06/24 For Sale $650,000 -- $347 / 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 $6,288 $663,000 $464,100 $198,900
2024 $6,288 $476,213 $339,957 $136,256
2023 $6,175 $466,877 $333,292 $133,585
2022 $5,904 $457,723 $326,757 $130,966
2021 $3,029 $210,576 $140,720 $69,856
2020 $3,053 $208,418 $139,278 $69,140
2019 $2,951 $204,333 $136,548 $67,785
2018 $2,774 $200,327 $133,871 $66,456
2016 $2,642 $192,550 $128,674 $63,876
2015 $2,607 $189,659 $126,742 $62,917
2014 $2,638 $185,945 $124,260 $61,685
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24024654

California Regional Multiple Listing Service (CRMLS)

APN: 5178-022-046