NOT LISTED FOR SALE

Estimated Value: $1,089,000 - $1,188,000

8 Beds
4 Baths
2,928 Sq Ft
$389/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $979,000 $334 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,071/month

37 Days on Market

Highlights

  • City Lights View
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • No HOA
  • Laundry Room
  • Wall Furnace

About This Home

As of July 2021

Triplex newly renovated. Wall A/c to all units.
(1) 4Br, 2 bath. (2) 2Br, 1 Bath.
Tenants paid all Utilities. Accept water & sewer,
separated gas & electric meters.

Last Agent to Sell the Property

Nick Hoffman

Western International License #00811392 Listed on: 04/05/2021

Last Buyer's Agent

Chris Barker

Yorkshire Realty License #01973222

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,858

Year Built

  • Built in 1957

Lot Details

  • 5,880 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Apartment
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,928 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Kitchen

  • Gas Range
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Private Water Source

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 67
  • Tax Tract Number 2396
  • Assessor Parcel Number 6031015020

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $1,300
  • Water Sewer Expense $2,720
  • New Taxes Expense $12,187
  • Operating Expense $17,345
  • Gross Income $7,083
  • Net Operating Income $67,651

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,858

Year Built

Built in 1957

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 2720.00
  • Zoning: LAR2
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 6031015020
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 334.36

Exterior Features

  • Foundation: Slab
  • View: City Lights, Neighborhood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5880.00
  • Lot Size Acres: 0.1350

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 7083.00
  • Gross Scheduled Income: 84996.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 5880.0000 Square Feet
  • Net Operating Income: 67651.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Operating Expense: 17345.00
  • Rent Control: Yes
  • Total Actual Rent: 7083.00
  • Total Expenses: 17345.00

Tax Info

  • New Taxes Expense: 12187.00
  • Tax Census Tract: 2396.02
  • Tax Lot: 67
  • Tax Tract Number: 2396.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2017
Closed on
Jul 21, 2017
Sold by
Park Benjamin Dongsik
Bought by
Chand Amar and Kaur Daljit
Seller's Agent
Jenny Park
Circa Properties, Inc.
Buyer's Agent
Samuel Woldeyesus
Compass
List Price
$710,000
Sold Price
$665,000
Premium/Discount to List
-$45,000
-6.34%
Current Estimated Value
$1,138,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$473,233
Avg. Annual Appreciation
6.73%
Original Mortgage
$498,700
Outstanding Balance
$413,559
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$724,674

Purchase Details

Closed on
Jan 5, 2016
Sold by
Yun In Sook
Bought by
Park Benjamin Dongsik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2015
Sold by
Payne Roshanna and Payne D
Bought by
Park Benjamin Dongsik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2012
Sold by
Payne Terri
Bought by
Payne Roshanna and Payne D

Purchase Details

Closed on
Oct 29, 1993
Sold by
Payne Bishop L
Bought by
Payne Bishop L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,750
Interest Rate
6.97%
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
Chand Amar $665,000 Chicago Title Company
Park Benjamin Dongsik -- First American Title Company
Park Benjamin Dongsik $320,000 Fatcola
Payne Roshanna -- None Available
Payne Bishop L -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chand Amar $498,700
Previous Owner Park Benjamin Dongsik $320,000
Previous Owner Payne Bishop L $171,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2021 07/30/21 Sold $979,000 0.0% $334 / Sq Ft
07/30/2021 07/30/21 Sold $979,000 -2.0% $334 / Sq Ft View Prior Sale
05/12/2021 05/12/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $999,000 +2.0% $341 / Sq Ft
02/25/2021 02/25/21 Off Market $979,000 -- --
11/27/2020 11/27/20 Price Changed $1,050,000 +7.7% $359 / Sq Ft
10/27/2020 10/27/20 For Sale $975,000 +46.6% $333 / Sq Ft
07/28/2017 07/28/17 Sold $665,000 -6.3% $227 / Sq Ft View Prior Sale
05/20/2017 05/20/17 For Sale $710,000 -- $242 / 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 $12,858 $1,038,921 $456,319 $582,602
2024 $12,667 $1,018,551 $447,372 $571,179
2023 $12,425 $998,580 $438,600 $559,980
2022 $11,851 $979,000 $430,000 $549,000
2021 $8,633 $699,033 $504,565 $194,468
2020 $8,717 $691,866 $499,392 $192,474
2019 $8,379 $678,300 $489,600 $188,700
2018 $8,301 $665,000 $480,000 $185,000
2016 $4,838 $380,723 $145,631 $235,092
2015 $4,770 $375,005 $143,444 $231,561
2014 $4,803 $367,661 $140,635 $227,026
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21070504

California Regional Multiple Listing Service (CRMLS)

APN: 6031-015-020