NOT LISTED FOR SALE

Estimated Value: $714,000 - $894,000

3 Beds
3 Baths
1,765 Sq Ft
$443/Sq Ft Est. Value

Last Sold June 07, 2023

Last sale price $675,000 $382 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,046/month

20 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Ductless Heating Or Cooling System
  • Abraham Lincoln High School Rated A
  • No HOA
  • Laundry Room

About This Home

As of June 2023

Cypress Park Triplex! Attention all investors and developers, this triplex is waiting for you. The first unit is a larger 1 bed and 1 bath (with small bonus room) in the front and two slightly smaller 1 bed 1 bath units in the back. All three units are currently rented and will be delivered with tenants in place. The first unit has been updated with new flooring, new paint, updated kitchen and split unit AC. All units have new windows and fresh exterior paint. Electrical panel was recently updated as well. Drive by only, please do not disturb occupants.

Last Agent to Sell the Property

Richard Cure

Rodeo Realty License #01951643 Listed on: 03/29/2023

Rodeo Realty

Last Buyer's Agent

Alexis Ubeda

Ambiance Realty License #01922578

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,598

Year Built

  • Built in 1921

Lot Details

  • 5,197 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Triplex
  • Composition Roof
  • Partial Copper Plumbing

Interior Spaces

  • 1,765 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Range
  • <<microwave>>
  • Granite Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Parking

  • Parking Available
  • Driveway

Outdoor Features

  • Exterior Lighting

Utilities

  • Ductless Heating Or Cooling System
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 101
  • Tax Tract Number 60
  • Assessor Parcel Number 5454025022

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $1,800
  • Trash Expense $1,500
  • Water Sewer Expense $1,620
  • Operating Expense $3,212
  • Gross Income $3,958
  • Net Operating Income $42,576

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,598

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Price Per Unit: 249667
  • Property Attached: No
  • Water Sewer Expenses: 1620.00
  • Zoning: LAR1
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5454025022
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Interior Amenities: Copper Plumbing Partial, Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 382.44

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Microwave, Refrigerator
  • Heating Type: Ductless, Wall Furnace
  • Laundry Features: In Kitchen, Inside
  • Sewer: Public Sewer
  • Trash Expense: 1500.00
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5197.00
  • Lot Size Acres: 0.1193
  • Latitude Manual: 34.09570600

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 800 Square Feet
  • Average2 Bed Area: 450 Square Feet
  • Average3 Bed Area: 450 Square Feet
  • Gross Income: 3958.00
  • Gross Scheduled Income: 47496.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 5197.0000 Square Feet
  • Net Operating Income: 42576.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 4920.00
  • Rent Control: Yes
  • Total Actual Rent: 3958.00
  • Total Expenses: 3212.00

Tax Info

  • Tax Census Tract: 1853.10
  • Tax Lot: 101
  • Tax Tract Number: 060...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
May 2, 2023
Sold by
Campos Laura
Bought by
Karz William
Seller's Agent
Richard Cure
Rodeo Realty
Buyer's Agent
Alexis Ubeda
Ambiance Realty
List Price
$749,000
Sold Price
$675,000
Premium/Discount to List
-$74,000
-9.88%
Views
152
Current Estimated Value
$781,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,580
Avg. Annual Appreciation
10.10%
Original Mortgage
$0
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2010
Sold by
Campos Jaime
Bought by
Campos Laura

Purchase Details

Closed on
Jan 2, 1996
Sold by
Robledo Bandelio and Castorena Maria
Bought by
Robledo Bertha
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
Karz William $2,761,363 Fidelity National Title
Campos Laura -- Accommodation
Campos Laura -- Accommodation
Robledo Bertha -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Robledo Bandelio $0
Open Karz William $370,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2023 06/07/23 Sold $675,000 -9.9% $382 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $749,000 -- $424 / 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
2024 $8,598 $688,500 $545,700 $142,800
2023 $5,212 $406,362 $284,457 $121,905
2022 $4,975 $398,395 $278,880 $119,515
2021 $4,909 $390,584 $273,412 $117,172
2020 $4,954 $387,100 $270,609 $116,491
2019 $4,766 $379,521 $265,303 $114,218
2018 $4,677 $372,090 $260,101 $111,989
2016 $4,460 $357,143 $250,001 $107,142
2015 $4,396 $351,779 $246,246 $105,533
2014 $4,429 $344,889 $241,423 $103,466
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23051755

California Regional Multiple Listing Service (CRMLS)

APN: 5454-025-022