NOT LISTED FOR SALE

Estimated Value: $846,000 - $924,000

6 Beds
4 Baths
2,656 Sq Ft
$335/Sq Ft Est. Value

Last Sold May 22, 2019

Last sale price $585,000 $220 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,488/month

91 Days on Market

Highlights

  • Gated Parking
  • Laundry Room
  • Central Heating
  • No HOA
  • Tile Flooring
  • Wrought Iron Fence

About This Home

As of May 2019

Great Opportunity to own a Bread and Butter Income Property for the price of a Single Family home! FHA Welcome! One unit will be available for an owner-user! Newer Construction Duplex – built in 2004 - NO RENT CONTROL! Ample parking space. Separately metered for gas and electric. Large 3 bedroom / 2 bath units. Each unit has their own washer and dryer hook ups. This property is gated for privacy and is priced to sell! Conveniently located close to schools, shopping centers, grocery stores, restaurants, coffee shops, parks, easy access to major freeways. Well maintained property with low maintenance and long-term tenants that always pay their rent on time. Start collecting income right away! Great for seasoned investor or first time buyer. Great upside rental potential in this highly metropolitan location! Please do not disturb tenants. Listing info deemed reliable but not guaranteed. No warranties expressed or implied. Buyer to verify and satisfy on all aspects of the property such as, but not limited to permits, bed/bath count, square footage, legality, etc.

Last Agent to Sell the Property

Bryan Castillo

Castillo Realty Group, Inc. License #01912834 Listed on: 01/10/2019

Last Buyer's Agent

Jose Blandon

Coldwell Banker Envision License #01967645

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2004

Lot Details

  • 4,734 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Front Yard
  • Density is up to 1 Unit/Acre

Home Design

  • 2,656 Sq Ft Home
  • Duplex
  • Shingle Roof

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Parking Available
  • Gated Parking
  • Parking Lot
  • Off-Street Parking
  • Assigned Parking

Utilities

  • Central Heating
  • Sewer Paid

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot B
  • Tax Tract Number 2000
  • Assessor Parcel Number 6073026044

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 $716
  • Water Sewer Expense $3,600
  • New Taxes Expense $5,453
  • Operating Expense $9,769
  • Gross Income $40,920
  • Net Operating Income $31,151

Property Details

Home Type

Multi-Family

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 5.30
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
  • Water Sewer Expenses: 3600.00
  • Zoning: LAR4
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6073026044
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Price Per Square Foot: 220.26

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Gated, Off Street, Parking Space, Uncovered
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard
  • Lot Size Sq Ft: 4734.00
  • Lot Size Acres: 0.1087

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 40920.00
  • Gross Scheduled Income: 40920.00
  • Insurance Expense: 716.00
  • Lot Size Area: 4734.0000 Square Feet
  • Net Operating Income: 31151.00
  • 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: 9769.00
  • Rent Control: No
  • Total Actual Rent: 1410.00
  • Total Expenses: 9769.00

Tax Info

  • New Taxes Expense: 5453.00
  • Tax Census Tract: 2409.00
  • Tax Lot: B
  • Tax Tract Number: 2000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2024
Sold by
Jkb Family Trust and Blandon Ligia
Bought by
Jkb Family Trust and Blandon
Current Estimated Value
$890,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,250
Outstanding Balance
$127,000
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$763,050

Purchase Details

Listed on
Jan 10, 2019
Closed on
May 16, 2019
Sold by
Godinez Yadira Bravo
Bought by
Cervantes Jorge
Seller's Agent
Bryan Castillo
Castillo Realty Group, Inc.
Buyer's Agent
Jose Blandon
Coldwell Banker Envision
List Price
$606,000
Sold Price
$585,000
Premium/Discount to List
-$21,000
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Original Mortgage
$554,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 10, 2019
Closed on
Apr 17, 2019
Sold by
The Roni Braitanbaum Living Trust
Bought by
Blandon Ligia and Cervantes Jorge
Seller's Agent
Bryan Castillo
Castillo Realty Group, Inc.
Buyer's Agent
Jose Blandon
Coldwell Banker Envision
List Price
$606,000
Sold Price
$585,000
Premium/Discount to List
-$21,000
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 9, 2013
Closed on
Feb 12, 2014
Sold by
Chiron Juan Carlos
Bought by
Braitanbaum Roni and Roni Braitanbaum Living Trust
Seller's Agent
Norma Barajas
eXp Realty of California Inc
Buyer's Agent
Bryan Castillo
List Price
$395,000
Sold Price
$380,000
Premium/Discount to List
-$15,000
-3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%
Original Mortgage
$266,000
Interest Rate
3.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 30, 2012
Sold by
Chiron Olga
Bought by
Chiron Juan Carlos

Purchase Details

Closed on
Nov 7, 2008
Sold by
Godinez Raul
Bought by
Chiron Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2008
Sold by
Us Bank Na
Bought by
Godinez Raul and Godinez Leticia

Purchase Details

Closed on
Aug 20, 2007
Sold by
Bustillo Adelardo
Bought by
Us Bank Na and Credit Suisse First Boston Mortgage Secu

Purchase Details

Closed on
Jun 22, 2006
Sold by
Bustillo Sonia
Bought by
Bustillo Adelardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.63%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 26, 2006
Sold by
Salgado Properties Llc
Bought by
Bustillo Adelardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.63%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 14, 2006
Sold by
Lopez Ignacio
Bought by
Salgado Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2004
Sold by
North Beverly Development Inc
Bought by
Lopez Ignacio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 1999
Sold by
Taylor Fred
Bought by
North Beverly Development Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jkb Family Trust -- Stewart Title Guaranty Company
Cervantes Jorge -- Chicago Title Company
Blandon Ligia $585,000 Chicago Title Company
Braitanbaum Roni $380,000 Old Republic Title Company
Chiron Juan Carlos -- None Available
Chiron Olga $350,000 Southland Title Insurance Co
Chiron Olga -- Southland Title Insurance Co
Godinez Raul $340,000 Lsi Title Company
Us Bank Na $438,314 None Available
Bustillo Adelardo -- New Century Title Company
Bustillo Adelardo $552,000 New Century Title Company
Salgado Properties Llc -- Accommodation
Lopez Ignacio $380,000 Lawyers Title
North Beverly Development Inc $38,500 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jkb Family Trust $129,250
Previous Owner Blandon Ligia $554,500
Previous Owner Braitanbaum Roni $266,000
Previous Owner Chiron Olga $280,000
Previous Owner Bustillo Adelardo $138,000
Previous Owner Bustillo Adelardo $414,000
Previous Owner Lopez Ignacio $304,000
Closed Lopez Ignacio $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2019 05/22/19 Sold $585,000 -0.8% $220 / Sq Ft
05/13/2019 05/13/19 Price Changed $590,000 -2.6% $222 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $606,000 0.0% $228 / Sq Ft
02/25/2019 02/25/19 Pending -- -- --
02/25/2019 02/25/19 Price Changed $606,000 -5.0% $228 / Sq Ft
01/10/2019 01/10/19 For Sale $638,000 +67.9% $240 / Sq Ft
03/05/2014 03/05/14 Sold $380,000 -3.8% $143 / Sq Ft View Prior Sale
02/21/2014 02/21/14 Pending -- -- --
12/09/2013 12/09/13 For Sale $395,000 -- $149 / 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 $9,996 $784,679 $496,983 $287,696
2024 $9,498 $738,600 $424,483 $314,117
2023 $9,318 $724,118 $416,160 $307,958
2022 $8,897 $709,920 $408,000 $301,920
2021 $7,684 $602,881 $329,781 $273,100
2020 $7,756 $596,700 $326,400 $270,300
2019 $5,492 $417,583 $219,781 $197,802
2018 $5,400 $409,396 $215,472 $193,924
2016 $5,138 $393,501 $207,106 $186,395
2015 $5,062 $387,592 $203,996 $183,596
2014 $4,932 $367,669 $231,107 $136,562
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN19004520

California Regional Multiple Listing Service (CRMLS)

APN: 6073-026-044