NOT LISTED FOR SALE

Estimated Value: $980,284

2 Beds
1 Bath
1,752 Sq Ft
$560/Sq Ft Est. Value

Last Sold January 18, 2013

Last sale price $400,000 $228 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $5,725/month

336 Days on Market

Highlights

  • Fireplace
  • Bungalow
  • No Heating
  • Woodrow Wilson High School Rated A

About This Home

As of January 2013

Great Income Property in Rose Park! Two bedroom, one bath single family home on a large corner lot with two detached 4th Street store front businesses. Home located around the corner on Coronado. Both rental units contain a 1/2 bath and both are occupied. Parking for multiple vehicles on site. A billboard sign above the store front units and a detached storage unit are also currently rented for additional income. A buyer with a creative eye will only see potential in this property!!

Last Agent to Sell the Property

David Landeros

West Associates License #01735661 Listed on: 01/25/2012

Co-Listed By

Heather Schaible

West Associates License #01848864

Last Buyer's Agent

David Landeros

West Associates License #01735661 Listed on: 01/25/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,132

Year Built

  • Built in 1960

Lot Details

  • 4,726 Sq Ft Lot
  • Lot Dimensions are 45x105

Parking

  • 4 Parking Spaces

Home Design

  • Bungalow
  • Stucco

Interior Spaces

  • 1,752 Sq Ft Home
  • Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • No Heating

Listing and Financial Details

  • Legal Lot and Block 0.1 / 7
  • Assessor Parcel Number 7257003024

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $960
  • Net Operating Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,132

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 6.06
  • View: No
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 7257003024
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 228.31

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 45x105
  • Lot Size Sq Ft: 4726.00
  • Lot Size Acres: 0.1080

Multi Family

  • Gross Income: 960.00
  • Gross Multiplier: 15.83
  • Gross Scheduled Income: 30000.00
  • Net Operating Income: 28800.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 1200.00

Tax Info

  • Tax Area: 5500
  • Tax Block: 7
  • Tax Lot: 0.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2023
Sold by
Landeros David and Landeros Heather
Bought by
Landeros Heather
Current Estimated Value
$980,284

Purchase Details

Closed on
Jun 12, 2020
Sold by
Buffinhead Solo 4015 Trust
Bought by
Landeros Heather

Purchase Details

Closed on
Jun 11, 2020
Sold by
Landeros Heather
Bought by
Landeros David and Landeros Heather

Purchase Details

Closed on
Jun 7, 2018
Sold by
Landeros Heather
Bought by
Bufflehead Solo 401K Trust

Purchase Details

Closed on
Feb 1, 2018
Sold by
Schaible Heather
Bought by
Landeros Heather

Purchase Details

Closed on
Jan 30, 2018
Sold by
Landeros David
Bought by
Landeros Heather

Purchase Details

Closed on
Mar 8, 2014
Sold by
Schaible Heather
Bought by
Bufflehead Solo 201K Trust

Purchase Details

Listed on
Jan 25, 2012
Closed on
Jan 7, 2013
Sold by
Howard Luther C and Howard Wilma
Bought by
Bufflehead Solo 401K Trust
Seller's Agent
David Landeros
West Associates
Buyer's Agent
David Landeros
West Associates
List Price
$525,000
Sold Price
$400,000
Premium/Discount to List
-$125,000
-23.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$360,000
Interest Rate
3.31%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 12, 2005
Sold by
Howard Luther C
Bought by
Howard Luther C and Howard Wilma

Purchase Details

Closed on
Dec 13, 2004
Sold by
Crossley Jacqueline M
Bought by
Crossley Jacqueline M and The Jacqueline M Crossley Trus
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Landeros Heather -- None Listed On Document
Landeros Heather -- None Available
Landeros David -- None Available
Bufflehead Solo 401K Trust -- None Available
Landeros Heather -- None Available
Landeros Heather -- None Available
Bufflehead Solo 201K Trust -- Accommodation
Schaible Heather -- Accommodation
Bufflehead Solo 401K Trust $400,000 First American Title
Howard Luther C -- --
Howard Luther C -- --
Crossley Jacqueline M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bufflehead Solo 401K Trust $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2013 01/18/13 Sold $400,000 -23.8% $228 / Sq Ft
12/26/2012 12/26/12 Pending -- -- --
01/25/2012 01/25/12 For Sale $525,000 -- $300 / 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 $7,132 $542,591 $233,963 $308,628
2024 $7,132 $531,953 $229,376 $302,577
2023 $7,010 $521,524 $224,879 $296,645
2022 $6,587 $511,299 $220,470 $290,829
2021 $6,447 $501,275 $216,148 $285,127
2020 $6,405 $450,385 $213,932 $236,453
2019 $5,786 $441,555 $209,738 $231,817
2018 $5,658 $432,898 $205,626 $227,272
2016 $5,207 $416,091 $197,643 $218,448
2015 $5,002 $409,842 $194,675 $215,167
2014 $4,964 $401,815 $190,862 $210,953
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1200516

California Regional Multiple Listing Service (CRMLS)

APN: 7257-003-024