NOT LISTED FOR SALE

Estimated Value: $973,000 - $1,182,000

6 Beds
3 Baths
2,868 Sq Ft
$379/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2023

Last sale price $960,000 $335 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,176 / mo

3 Days on Market

Highlights

  • 0.39 Acre Lot
  • 2 Car Direct Access Garage
  • Rectangular Lot
  • No HOA
  • Cul-De-Sac
  • 1-Story Property

About This Home

As of June 2023

Triplex on 16,912 SF Lot at end of cul de sac!!....Investment opportunity!....Property has been in the family for 64 years...Each unit is separate with its own yard space, 2 bedrooms, 1 bath and laundry hook up!....Two units have an attached 1 car garage....One unit has an additional bonus room....Additional separate building can be used as carport/storage structure.... Separate meters per unit for gas and electricity....Seller pays water and trash....Plenty of parking space for vehicles on this very large sized lot....Steady residential income with very long term (month to month) tenants in all 3 units....Each unit has it's own address: 3139, 3141, 3143 Vane Ave... Monthly combined rental income is currently $3,960.00.

Last Agent to Sell the Property

PIA CORDER

LYONS & ASSOCIATES License #02084856 Listed on: 05/28/2023

Last Buyer's Agent

ANNIE WONG

A & K Construction And Realty Inc License #01413581

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 16,912 Sq Ft Lot
  • No Common Walls
  • Cul-De-Sac
  • Rectangular Lot
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 2,868 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Gas And Electric Dryer Hookup

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 6
  • Assessor Parcel Number 8581032018
  • $4,337 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,980
  • Insurance Expense $1,375
  • Trash Expense $1,134
  • Water Sewer Expense $1,895
  • Operating Expense $6,384
  • Gross Income $47,520
  • Net Operating Income $41,136

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0.39 Acres

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1895.00
  • Zoning: EMR3*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1980.00
  • Parcel Number: 8581032018
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 334.73

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Paved, On Site
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1134.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Cul-De-Sac, Lot 10000-19999 Sqft, Rectangular Lot
  • Lot Size Sq Ft: 16912.00
  • Lot Size Acres: 0.3882
  • Latitude Manual: 34.06570700

Rental Info

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

Multi Family

  • Gross Income: 47520.00
  • Gross Scheduled Income: 47520.00
  • Insurance Expense: 1375.00
  • Lot Size Area: 16912.0000 Square Feet
  • Net Operating Income: 41136.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 6384.00
  • Rent Control: No
  • Total Actual Rent: 3960.00
  • Total Expenses: 6384.00

Tax Info

  • Tax Census Tract: 4331.03
  • Tax Lot: 6
  • Tax Tract Number: MR6...
  • TaxOtherAnnualAssessmentAmount: 4337.00

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
Jan 5, 2024
Sold by
Bought by
Current Estimated Value
$1,087,520

Purchase Details

Listed on
May 28, 2023
Closed on
Jun 1, 2023
Sold by
Bought by
Seller's Agent
PIA CORDER
LYONS & ASSOCIATES
Buyer's Agent
ANNIE WONG
A & K Construction And Realty Inc
List Price
$895,000
Sold Price
$960,000
Premium/Discount to List
$65,000
7.26%
Views
144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%
Original Mortgage
$672,000
Interest Rate
0.0738%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2017
Sold by
Bought by
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

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
-- None Listed On Document
$960,000 Old Republic Title Company
-- None Available
-- None Available
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
Previous Owner $672,000
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
06/30/2023 06/30/23 Sold $960,000 +7.3% $335 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
05/28/2023 05/28/23 For Sale $895,000 -- $312 / 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 $15,000 $998,784 $655,452 $343,332
2024 $13,875 $979,200 $642,600 $336,600
2023 $4,469 $258,848 $77,643 $181,205
2022 $4,324 $253,773 $76,121 $177,652
2021 $4,351 $248,798 $74,629 $174,169
2020 $4,338 $246,248 $73,864 $172,384
2019 $4,417 $241,420 $72,416 $169,004
2018 $4,172 $236,688 $70,997 $165,691
2016 $3,988 $227,499 $68,241 $159,258
2015 $3,942 $224,082 $67,216 $156,866
2014 $3,824 $219,694 $65,900 $153,794
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23054703

California Regional Multiple Listing Service (CRMLS)

APN: 8581-032-018

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