NOT LISTED FOR SALE

Estimated Value: $986,000 - $1,248,000

6 Beds
7 Baths
-- Sq Ft
6,000 Sq Ft Lot

Last Sold August 16, 2019

Last sale price $760,000

Est. 48% increase in value since last sale

Current estimated payment $6,812/month

Highlights

  • Double Pane Windows
  • Tile Flooring
  • Wood Burning Fireplace
  • Laundry Room
  • Wood Siding
  • 4-minute walk to Southwinds Park

About This Home

As of August 2019

Opportunity knocks! Large triplex with long term tenants ready for a new owner. Two single level 2+2 with approximately 1200 square feet of living space each and one single level 3+2 with about 1400 square feet of living space. All three units have inside private laundry, two car garage, wood burning fireplace and open floorplan. All three tenants are month to month and pay below fair market rent due to length of tenancy. Tremendous upside potential for the right investor...

Last Agent to Sell the Property

Ali Abree

RE/MAX Gold Coast REALTORS License #01378386 Listed on: 07/11/2019

RE/MAX Gold Coast REALTORS

Co-Listed By

Megan McMullen

RE/MAX Gold Coast REALTORS License #01996304

Last Buyer's Agent

Vicente Arzate

eXp Realty of California Inc License #01404439

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,905

Year Built

  • Built in 1964

Lot Details

  • 6,000 Sq Ft Lot
  • Front Yard

Parking

  • 6 Car Garage
  • Parking Available
  • On-Street Parking

Home Design

  • Property Attached
  • Flat Roof Shape
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Raised Hearth
  • Double Pane Windows
  • Family Room with Fireplace

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Heating Available
  • No Hot Water

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 2220104075

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,498
  • Water Sewer Expense $4,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,905

Year Built

Built in 1964

Lot Details

0

Parking

6

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 4500.00
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 2220104075
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: Ground Level - No Steps, Top Level
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Fireplace Features: Raised Hearth, Family Room, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 200.32
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition, Shingle, Flat
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Street
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, No Hot Water
  • Heating Type: Electric
  • Laundry Features: Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6000.00
  • Lot Size Acres: 0.1377

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Average2 Bed Area: 1200 Square Feet
  • Average3 Bed Area: 1500 Square Feet
  • Insurance Expense: 1498.00
  • Lot Size Area: 6000.0000 Square Feet
  • Number Of Rented Garages: 6
  • 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 Dishwasher: 1
  • Number With Range: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2019
Closed on
Jul 15, 2019
Sold by
Mcmullen & Son Rental Property
Bought by
Premier Global Investments Inc
Seller's Agent
Ali Abree
RE/MAX Gold Coast REALTORS
Buyer's Agent
Vicente Arzate
eXp Realty of California Inc
Sold Price
$760,000
Current Estimated Value
$1,123,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,765
Avg. Annual Appreciation
6.73%
Original Mortgage
$382,500
Interest Rate
3.7%
Mortgage Type
Commercial
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
Premier Global Investments Inc $760,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Premier Global Investments Inc $1,800,000
Closed Premier Global Investments Inc $1,800,000
Closed Premier Global Investments Inc $382,500
Previous Owner Mcmullen & Son Rental Property $1,001
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2019 08/16/19 Sold $760,000 0.0% --
08/16/2019 08/16/19 Sold $760,000 -7.9% --
07/11/2019 07/11/19 Pending -- -- --
07/11/2019 07/11/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $825,000 -- --
Source: Ventura County Regional Data Share

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 $9,905 $831,168 $437,458 $393,710
2024 $9,905 $814,871 $428,880 $385,991
2023 $9,321 $798,894 $420,471 $378,423
2022 $9,129 $783,230 $412,227 $371,003
2021 $9,243 $767,873 $404,144 $363,729
2020 $9,413 $760,000 $400,000 $360,000
2019 $4,551 $368,877 $102,931 $265,946
2018 $4,384 $361,645 $100,913 $260,732
2017 $4,242 $354,555 $98,935 $255,620
2016 $4,041 $347,604 $96,996 $250,608
2015 $4,103 $342,385 $95,540 $246,845
2014 $4,029 $335,679 $93,669 $242,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V0-219000787

Ventura County Regional Data Share

APN: 222-0-104-075