NOT LISTED FOR SALE

Estimated Value: $672,658 - $799,000

8 Beds
4 Baths
2,850 Sq Ft
$253/Sq Ft Est. Value

Last Sold October 01, 2024

Last sale price $666,000 $234 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,219/month

21 Days on Market

Highlights

  • Storage Room
  • Tile Flooring
  • 4-minute walk to Johnston Park

About This Home

As of October 2024

Hard to find 2 story fourplexes with 2beds and 1 bath units with a spacious living area. UNIT B is rented for $1400. UNIT C rented for $1500. Unit D is a nonpaying tenant, the court order was served for an eviction notice and the court date will be given by end of June. Once each unit is rented at $1500, it can have a gross $6,000/month income, a good cashflow asset for your portfolio. Seller pays, Water/sewer/trash app $525/m, Main building exterior electric and gas for 1 water heater is app $204/m. Tenant pays their own electric and gas bill. Note annual utilities shown on MLS of $8755 include all utilities/trash/water/recycle costs. The building has 4 parking spots, 1 per unit, 2 in front(C,D) and 2 in the back(A,B). New Exterior paint and windows in 2022, New flooring and new kitchen cabinets in unit A and C in 2019 to 2020. New flooring in unit B in 6/2024. New wall AC in unit D in 2020 and unit C in 2022. New wall furnace in Unit D in 2022. New fridge in unit A in 2019. All photos were taken before tenant occupancy.

Last Agent to Sell the Property

Shaista Aftab

KW Silicon City License #01399594 Listed on: 06/14/2024

KW Silicon City

Last Buyer's Agent

Naureen Faisal

KW Silicon City License #02146862

KW Silicon City

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 8,276 Sq Ft Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,850 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Gas Cooktop

Flooring

  • Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $57,492

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $2,096
  • Manager Expense $3,166
  • Utility Expense $8,755
  • Operating Expense $19,373
  • Gross Income $58,067

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: R-1
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2850
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Cooktop - Gas, Refrigerator
  • Living Sq Ft: 2850
  • Stories: 2
  • Flooring: Tile, Vinyl / Linoleum
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Construction Type: Concrete

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Assigned Spaces, Parking Area

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1900
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8276.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8276.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 11.65
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2096
  • Expense Management: 3166
  • Expenses Total: 19373
  • Expenses Utility: 8755
  • Income Annual Gross: 58067.00
  • Income Annual Rental: 57492
  • Income Gross Scheduled: 57492
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Aug 7, 2024
Sold by
Ahmed Aftab and Aftab Shaista
Bought by
Segura Flores Guillermo and Guerrero Contreras Veronica
Seller's Agent
Shaista Aftab
KW Silicon City
Buyer's Agent
Naureen Faisal
KW Silicon City
List Price
$670,000
Sold Price
$666,000
Premium/Discount to List
-$4,000
-0.6%
Views
60
Current Estimated Value
$720,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,415
Avg. Annual Appreciation
6.54%
Original Mortgage
$499,500
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2018
Sold by
Campos Francisco Rosas
Bought by
Ahmed Aftab and Aftab Shaista

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 28, 2015
Closed on
Nov 23, 2015
Sold by
Montano Zenaida
Bought by
Campos Francisco Rosas
Seller's Agent
Ron Benning
LPT Realty, Inc
Buyer's Agent
Adriana Castro Flores
Intero Real Estate Services
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.45%
Original Mortgage
$195,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2009
Sold by
Federal National Mortgage Association
Bought by
Scott Paul R and Scott Andrea K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,850
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2008
Sold by
Khan Arif
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 29, 2004
Sold by
Khan Zain
Bought by
Khan Arif

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2004
Sold by
Stenberg Erland L and Stenberg Mary Ann
Bought by
Khan Arif

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
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
Segura Flores Guillermo $666,000 Chicago Title Company
Ahmed Aftab $360,000 Fidelity National Title Comp
Campos Francisco Rosas -- Chicago Title Company
Campos Francisco Rosas $260,000 Chicago Title Company
Scott Paul R $169,000 Commonwealth Land Title Co
Federal National Mortgage Association $461,389 Landsafe Title
Khan Arif -- Ticor Title Company Of Ca
Khan Arif $440,000 Ticor Title Company Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Segura Flores Guillermo $499,500
Previous Owner Ahmed Aftab $270,000
Previous Owner Campos Francisco Rosas $195,000
Previous Owner Scott Paul R $109,850
Previous Owner Khan Arif $352,000
Closed Khan Arif $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2024 10/01/24 Sold $666,000 -0.6% $234 / Sq Ft
07/05/2024 07/05/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $670,000 0.0% $235 / Sq Ft
06/16/2024 06/16/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $670,000 +152.8% $235 / Sq Ft
12/07/2015 12/07/15 Sold $265,000 0.0% $95 / Sq Ft View Prior Sale
11/05/2015 11/05/15 Pending -- -- --
07/28/2015 07/28/15 For Sale $265,000 -- $95 / Sq Ft
Source: MLSListings

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 $5,340 $666,000 $110,000 $556,000
2024 $5,340 $393,709 $109,363 $284,346
2023 $5,356 $385,990 $107,219 $278,771
2022 $5,072 $378,422 $105,117 $273,305
2021 $5,045 $371,003 $103,056 $267,947
2020 $4,991 $367,200 $102,000 $265,200
2019 $4,925 $360,000 $100,000 $260,000
2018 $3,759 $270,503 $158,140 $112,363
2017 $3,849 $265,200 $155,040 $110,160
2016 $3,590 $260,000 $152,000 $108,000
2015 $2,537 $181,076 $106,074 $75,002
2014 $2,581 $177,530 $103,997 $73,533
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81966542

MLSListings

APN: 263-0341-004