NOT LISTED FOR SALE

Estimated Value: $779,000 - $971,000

4 Beds
2 Baths
2,034 Sq Ft
$415/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $595,000 $293 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,931/month

8 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Laundry Room
  • Lawn
  • Living Room
  • Central Heating and Cooling System

About This Home

As of January 2021

Great opportunity 2 units, each with 2 bedroom and 1 full bathroom with double sinks. Air Conditioning and Heating in each unit.
Both units are spacious and clean. Unit B recently remodeled with granite counter tops, nice flooring, and new paint. Unit A is in good condition and well maintained. Both kitchens are spacious with lots of cabinet space , pantry and washer and dryer hookup.
Dining room off kitchen and large living room with double door sliders that lead to a narrow side yard with gate leading to parking. Both bedrooms are spacious with large closets. Property also features a nice semi private concrete area in front of unit entry doors that will make a nice patio or seating area. Front yard with sprinklers. Gated parking in rear of units with enough space for 6 cars and alley access.
Units are Located in high demand rental neighborhood!!!
**Do not disturb tenant** Must send signed Pead before viewing **See Private Remarks**

Last Agent to Sell the Property

Sally De Anda

SOUTH POINTE PROPERTIES License #01066409 Listed on: 11/10/2020

Last Buyer's Agent

Tony Gomez

Century 21 Masters License #01277805

Century 21 Masters

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 6,200 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Chain Link Fence
  • Front Yard Sprinklers
  • Lawn
  • Density is up to 1 Unit/Acre

Interior Spaces

  • 2,034 Sq Ft Home
  • Open Floorplan
  • Living Room
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Parking

  • Parking Available
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 22 / 147
  • Assessor Parcel Number 1049513280000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Trash Expense $600
  • New Taxes Expense $3,042
  • Operating Expense $600
  • Gross Income $34,080
  • Net Operating Income $34,080

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 1049513280000
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Open Floorplan, Pantry
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Levels: One
  • Price Per Square Foot: 292.53
  • Room Type: Kitchen, Living Room

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete, On Site

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Lawn, Sprinklers In Front
  • Lot Size Sq Ft: 6200.00
  • Lot Size Acres: 0.1423

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 34080.00
  • Gross Scheduled Income: 34800.00
  • Insurance Expense: 800.00
  • Lot Size Area: 6200.0000 Square Feet
  • Net Operating Income: 34080.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 720.00
  • Rent Control: No
  • Total Actual Rent: 1350.00
  • Total Expenses: 600.00

Tax Info

  • New Taxes Expense: 3042.00
  • Tax Block: 147
  • Tax Census Tract: 18.13
  • Tax Lot: 22
  • Tax Tract Number: 999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2020
Closed on
Dec 2, 2020
Sold by
Barajas Armando and Barajas Atricia Ann
Bought by
Padilla Nancy Iniguez
Seller's Agent
Sally De Anda
SOUTH POINTE PROPERTIES
Buyer's Agent
Tony Gomez
Century 21 Masters
List Price
$580,000
Sold Price
$595,000
Premium/Discount to List
$15,000
2.59%
Current Estimated Value
$843,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,386
Avg. Annual Appreciation
7.27%
Original Mortgage
$472,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2016
Sold by
Barajas Armando
Bought by
Baraja Armando Barajas and Baraja Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2013
Sold by
Barajas Armando
Bought by
Brajas Armando and Barajas Patricia Ann

Purchase Details

Listed on
Sep 30, 2011
Closed on
Jan 20, 2012
Sold by
Federal National Mortgage Association
Bought by
Barajas Armando and Barajas Patricia Ann
Seller's Agent
Geremy Yamamoto
Meridox Real Estate
Buyer's Agent
HELEN PRADO
EL SOL REAL ESTATE
List Price
$289,000
Sold Price
$240,000
Premium/Discount to List
-$49,000
-16.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.46%
Original Mortgage
$180,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2011
Sold by
Gibu Pablo
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 18, 2007
Sold by
Gibu Pablo
Bought by
Gibu Pablo and Gibu Mariana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,500
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2003
Sold by
Sabalones Franco
Bought by
Gibu Mariana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2003
Sold by
Duran Louis
Bought by
Duran Lucinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2003
Sold by
Betancourt Rosie
Bought by
Gibu Pablo and Gibu Mariana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2003
Sold by
Duran Lucinda M
Bought by
Betancourt Rosie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 1996
Sold by
Betancourt Armando and Betancourt Rosie
Bought by
Duran Lucinda M and Betancourt Daniel Jaime
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
Padilla Nancy Iniguez $590,000 North American Title
Baraja Armando Barajas -- Pacific Coast Title Company
Barajas Armando -- Pacific Coast Title Company
Brajas Armando -- None Available
Barajas Armando $240,000 Lsi Title Company Inc
Federal National Mortgage Association $193,900 Landsafe Title
Gibu Pablo -- Financial Title Company
Gibu Mariana -- Orange Coast Title
Gibu Pablo -- Orange Coast Title
Duran Lucinda -- --
Gibu Pablo $240,000 Orange Coast Title
Betancourt Daniel Jaime -- --
Betancourt Rosie -- --
Duran Lucinda M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Padilla Nancy Iniguez $472,000
Previous Owner Barajas Armando $235,000
Previous Owner Barajas Armando $180,000
Previous Owner Gibu Pablo $248,500
Previous Owner Gibu Pablo $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/29/2021 01/29/21 Sold $595,000 +2.6% $293 / Sq Ft
01/21/2021 01/21/21 Price Changed $580,000 0.0% $285 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
11/10/2020 11/10/20 For Sale $580,000 +141.7% $285 / Sq Ft
02/28/2012 02/28/12 Sold $240,000 -17.0% $118 / Sq Ft View Prior Sale
01/13/2012 01/13/12 Pending -- -- --
09/30/2011 09/30/11 For Sale $289,000 -- $142 / 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 $6,779 $638,634 $194,837 $443,797
2024 $6,779 $626,112 $191,017 $435,095
2023 $6,587 $613,836 $187,272 $426,564
2022 $6,498 $601,800 $183,600 $418,200
2021 $3,096 $278,495 $81,227 $197,268
2020 $3,042 $275,639 $80,394 $195,245
2019 $3,016 $270,235 $78,818 $191,417
2018 $2,974 $264,937 $77,273 $187,664
2017 $2,868 $259,742 $75,758 $183,984
2016 $2,754 $254,649 $74,273 $180,376
2015 $2,736 $250,824 $73,157 $177,667
2014 $2,651 $245,911 $71,724 $174,187
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20231677

California Regional Multiple Listing Service (CRMLS)

APN: 1049-513-28