NOT LISTED FOR SALE

Estimated Value: $1,015,000 - $1,075,000

12 Beds
8 Baths
6,950 Sq Ft
$149/Sq Ft Est. Value

Last Sold April 11, 2016

Last sale price $540,000 $78 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $7,027/month

67 Days on Market

About This Home

As of April 2016

Nice Fourplex each has 3bedrooms 2 baths, 2-car garage, central AC & heat, Spanish tile roof. Average market rent is $1200/ units. Unit 4 recently remodeled. Please do not disturb tenants, good long term tenants.Conveniently located near shopping, school, freeway, boys & girls club. This property generate cash flow. You can live in one and rent out the rest have tenants pay for your mortgage. 2 buildings each has 2 units, possible to convert to 2 duplex check with City.

Last Agent to Sell the Property

Hanh Dinh

First Class Funding License #01456571 Listed on: 11/28/2015

Last Buyer's Agent

Anna Sadowska

Crissanna Luxury Real Estate License #01701469

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,065

Year Built

  • Built in 1987

Lot Details

  • 0.37 Acre Lot
  • 1 Common Wall

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Spanish Tile Roof

Interior Spaces

  • 6,950 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Tax Lot 19
  • Tax Tract Number 19123
  • Assessor Parcel Number 680253022

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,200
  • New Taxes Expense $7,812
  • Gross Income $4,400
  • Net Operating Income $42,660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,065

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • CapRate: 6.60
  • Property Attached: Yes
  • Subdivision Name Other: Aldea
  • Property Type: Residential Income
  • Parcel Number: 680253022
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Entry Location: Ground Level With Steps
  • Common Walls: 1 Common Wall
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 77.70

Exterior Features

  • Pool Private: No
  • Roof: Spanish Tile

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 16117.00
  • Price Per Lot Square Foot: 33.50
  • Lot Size Acres: 0.3700

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Average3 Bed Area: 1737
  • Gross Income: 4400.00
  • Gross Scheduled Income: 52800.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 16117.0000 Square Feet
  • Net Operating Income: 42660.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 9012.00
  • Operating Expense Percent: 17.00
  • Rent Control: No
  • Total Actual Rent: 38400.00
  • Vacancy Allowance: 2640
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 7812.00
  • Tax Lot: 19
  • Tax Tract Number: 019123

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2022
Sold by
Bar Family Trust
Bought by
Broska Pamela
Current Estimated Value
$1,038,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$611,965
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$415,179

Purchase Details

Closed on
Jan 31, 2020
Sold by
Bar Hezy and Bar Marianne
Bought by
Bar Hezy and Bar Marianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 28, 2015
Closed on
Feb 17, 2016
Sold by
Bui Son Thu and Bui Patricia Mai
Bought by
Bar Hezy and Bar Marianne
Seller's Agent
Hanh Dinh
First Class Funding
Buyer's Agent
Anna Sadowska
Crissanna Luxury Real Estate
List Price
$615,000
Sold Price
$540,000
Premium/Discount to List
-$75,000
-12.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$405,000
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 5, 2006
Sold by
Boyer Lawrence R and Boyer Iva M
Bought by
Bui Son Thu and Bui Patricia Mai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
6.53%
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
Broska Pamela $1,000,000 None Listed On Document
Bar Hezy -- None Available
Bar Hezy $540,000 Fidelity National Title
Bui Son Thu $685,000 Fnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Broska Pamela $750,000
Previous Owner Bar Hezy $387,000
Previous Owner Bar Hezy $389,000
Previous Owner Bar Hezy $405,000
Previous Owner Bui Son Thu $530,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2016 04/11/16 Sold $540,000 -12.2% $78 / Sq Ft
02/03/2016 02/03/16 Pending -- -- --
11/28/2015 11/28/15 For Sale $615,000 -- $88 / 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 $16,065 $1,061,208 $265,302 $795,906
2023 $16,065 $1,020,000 $255,000 $765,000
2022 $10,366 $602,376 $122,704 $479,672
2021 $9,988 $590,566 $120,299 $470,267
2020 $9,489 $584,511 $119,066 $465,445
2019 $9,286 $573,051 $116,732 $456,319
2018 $9,055 $561,816 $114,444 $447,372
2017 $8,895 $550,800 $112,200 $438,600
2016 $7,911 $480,000 $120,000 $360,000
2015 $6,560 $382,200 $100,000 $282,200
2014 $6,081 $340,000 $80,000 $260,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15255309

California Regional Multiple Listing Service (CRMLS)

APN: 680-253-022