NOT LISTED FOR SALE

Estimated Value: $813,000 - $977,000

4 Beds
3 Baths
1,926 Sq Ft
$460/Sq Ft Est. Value

Last Sold September 10, 2020

Last sale price $663,000 $344 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,411/month

50 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Laundry Room
  • Wood Flooring
  • No HOA
  • Landscaped

About This Home

As of September 2020

Rare Corner Location Paramount Duplex! Great Investment Opportunity or Live in one and use the income of the other to qualify. Possible FHA financing with 3.5% down. Both units have new exterior paint and all new low E vinyl windows. Large wrought iron fenced yard with fruit trees. Unit one 3145 is a single level home with 3 bedrooms and recently remodeled bath (another full bath in oversized one car garage), living room with beamed ceiling, formal dining area and kitchen with granite counters. Unit two 3147 is above an oversized two car garage and features one bedroom, remodeled bath, living room (could be bedroom 2) and dining in kitchen. The oversized two car garage has been split in to 2 oversized one car garages (one for each unit). Separate gas and electric meters. Long term tenants Leasing month to month. Property is close to freeways, shopping centers, dining, parks and schools. Excellent corner location with lots of parking.

Last Agent to Sell the Property

Jim Zakhar

Regency Real Estate Brokers License #00823355 Listed on: 05/27/2020

Regency Real Estate Brokers

Co-Listed By

Jake Zakhar

Regency Real Estate Brokers License #01296653

Last Buyer's Agent

Jim Zakhar

Regency Real Estate Brokers License #00823355 Listed on: 05/27/2020

Regency Real Estate Brokers

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 5,530 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Block Wall Fence
  • Landscaped
  • Corner Lot
  • Sprinkler System
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • 1,926 Sq Ft Home
  • Composition Roof

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Property is near public transit
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 48
  • Tax Tract Number 7242
  • Assessor Parcel Number 7113011023

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $780
  • Insurance Expense $894
  • Water Sewer Expense $1,260
  • Gross Income $36,468

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1260.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Gardener Expense: 780.00
  • Parcel Number: 7113011023
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Price Per Square Foot: 344.24

Exterior Features

  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Connected, Sewer Connected
  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Landscaped, Near Public Transit, Sprinkler System
  • Lot Size Sq Ft: 5530.00
  • Lot Size Acres: 0.1270

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 36468.00
  • Gross Scheduled Income: 36468.00
  • Insurance Expense: 894.00
  • Lot Size Area: 5530.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5702.03
  • Tax Lot: 48
  • Tax Tract Number: 7242

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Jul 16, 2020
Sold by
Zakhar James J and Zakhar Cheryl A
Bought by
Curiel Roberto and Veladaz Victor
Seller's Agent
Jim Zakhar
Regency Real Estate Brokers
Buyer's Agent
Jim Zakhar
Regency Real Estate Brokers
List Price
$719,900
Sold Price
$663,000
Premium/Discount to List
-$56,900
-7.9%
Current Estimated Value
$886,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,491
Avg. Annual Appreciation
5.63%
Original Mortgage
$650,991
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 12, 2012
Sold by
Zakhar James J and Zakhar Cheryl A
Bought by
Zakhar James J and Zakhar Cheryl A

Purchase Details

Closed on
Sep 14, 2010
Sold by
Crowder Marlene J
Bought by
Zakhar James J and Zakhar Cheryl A

Purchase Details

Closed on
Aug 20, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Crowder Marlene J

Purchase Details

Closed on
Aug 7, 2009
Sold by
Onewest Bank Fsb
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jun 23, 2009
Sold by
Martinez Margarita
Bought by
Onewest Bank Fsb and Goldman Sachs

Purchase Details

Closed on
Nov 21, 2006
Sold by
Galvan Mario and Galvan Carmen
Bought by
Martinez Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,200
Interest Rate
6.16%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 17, 2006
Sold by
Martinez Jose
Bought by
Martinez Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,200
Interest Rate
6.16%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 6, 1994
Sold by
Galvan Jesus
Bought by
Galvan Mario and Galvan Carmen
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
Curiel Roberto $663,000 Orange Coast Title Company
Zakhar James J -- Accommodation
Zakhar James J -- Accommodation
Crowder Marlene J $260,000 None Available
Deutsche Bank National Trust Company -- Chicago Title Company
Onewest Bank Fsb $264,839 None Available
Martinez Margarita $611,000 Financial Title Company
Martinez Margarita $611,000 Financial Title Company
Galvan Mario -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Curiel Roberto $650,991
Previous Owner Martinez Margarita $122,200
Previous Owner Martinez Margarita $488,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2020 09/10/20 Sold $663,000 -5.2% $344 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
05/29/2020 05/29/20 Price Changed $699,000 -2.9% $363 / Sq Ft
05/27/2020 05/27/20 For Sale $719,900 -- $374 / 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 $9,199 $717,651 $324,729 $392,922
2024 $9,199 $703,580 $318,362 $385,218
2023 $9,045 $689,785 $312,120 $377,665
2022 $8,491 $676,260 $306,000 $370,260
2021 $8,322 $663,000 $300,000 $363,000
2020 $4,079 $304,575 $140,573 $164,002
2019 $4,033 $298,604 $137,817 $160,787
2018 $3,882 $292,750 $135,115 $157,635
2016 $3,568 $281,384 $129,869 $151,515
2015 $3,429 $277,159 $127,919 $149,240
2014 $3,414 $271,731 $125,414 $146,317
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20101021

California Regional Multiple Listing Service (CRMLS)

APN: 7113-011-023