NOT LISTED FOR SALE

Estimated Value: $951,000 - $1,740,521

9 Beds
3 Baths
2,876 Sq Ft
$414/Sq Ft Est. Value

Last Sold May 30, 2017

Last sale price $560,000 $195 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $6,781/month

40 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • No Heating
  • No HOA

About This Home

As of May 2017

BACK IN THE MARKET!!! LOCATION, LOCATION, LOCATION. Bring your Investor to this Historical triplex in Downtown area. Great investment property with plenty of parking space for all tenants. Seller is very motivated, prompt response.

Last Agent to Sell the Property

SOCORRO MALDONADO

KPM INVESTMENT ENTERPRISES INC License #01309880 Listed on: 03/22/2017

Last Buyer's Agent

Maria Contreras

Divina Realty License #01971645

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • 8,712 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Home Design

  • 2,876 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Suburban Location
  • No Heating

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 8
  • Tax Tract Number 1
  • Assessor Parcel Number 213101001

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,005
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • New Taxes Expense $3,483
  • Operating Expense $7,288
  • Gross Income $3,150
  • Net Operating Income $3,150

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: R3
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 213101001
  • Year Built: 1911
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 194.71

Exterior Features

  • Pool Private: No

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 8712.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3150.00
  • Gross Scheduled Income: 3300.00
  • Insurance Expense: 2005.00
  • Net Operating Income: 3150.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 607.00
  • Rent Control: No
  • Total Expenses: 7288.00

Tax Info

  • New Taxes Expense: 3483.00
  • Tax Census Tract: 303.00
  • Tax Lot: 8
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2021
Sold by
Sole 2021 Toung Q Lee and Prope Separate
Bought by
Pacheco Hugo Preciado and Preciado Ivan Henry
Current Estimated Value
$1,190,380

Purchase Details

Closed on
Mar 5, 2021
Sold by
Lee Toung Q
Bought by
Lee Toung Q and 2021 Toung Q

Purchase Details

Closed on
Jul 24, 2019
Sold by
Grassette Heather Ann and Holmes Collin Alexander
Bought by
Holmes Collin Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 22, 2017
Closed on
May 26, 2017
Sold by
Lee Tuong Q and Lee Jae
Bought by
Grassette Heather Ann and Holmes Collin Alexander
Seller's Agent
SOCORRO MALDONADO
KPM INVESTMENT ENTERPRISES INC
Buyer's Agent
Maria Contreras
Divina Realty
List Price
$571,900
Sold Price
$560,000
Premium/Discount to List
-$11,900
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.10%
Original Mortgage
$549,857
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 2006
Sold by
Lee Toung Q
Bought by
Lee Toung Q and Lee Jae

Purchase Details

Closed on
Mar 19, 2004
Sold by
Hud
Bought by
Lee Toung Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 2004
Sold by
Lee Myong S
Bought by
Lee Toung Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 30, 2002
Sold by
Citimortgage Inc
Bought by
Hud

Purchase Details

Closed on
Jul 19, 2001
Sold by
Alvarez Silvestre and Davila Maria D
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jun 30, 2001
Sold by
Alvarez Silvestre
Bought by
Ochoa Eva and Ochoa David Rojo

Purchase Details

Closed on
May 3, 2001
Sold by
Davila Maria D
Bought by
Ochoa Eva Luz and Ochoa David Rojo

Purchase Details

Closed on
May 10, 2000
Sold by
Rey Jorge E
Bought by
Alvarez Silvestre and Davila Maria D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,446
Interest Rate
8.19%
Mortgage Type
Commercial
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
Pacheco Hugo Preciado -- None Listed On Document
Lee Toung Q -- None Available
Holmes Collin Alexander -- Ticor Title
Grassette Heather Ann $1,120,000 Fidelity National Title Comp
Lee Toung Q -- Ticor Title Company
Lee Toung Q $250,000 First American Title Co
Lee Toung Q -- First American Title Co
Hud -- Fidelity
Citimortgage Inc $208,016 --
Ochoa Eva -- --
Ochoa Eva Luz -- --
Alvarez Silvestre $190,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holmes Collin Alexander $532,500
Previous Owner Grassette Heather Ann $549,857
Previous Owner Lee Toung Q $150,000
Previous Owner Alvarez Silvestre $188,446
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2017 05/30/17 Sold $560,000 -1.6% $195 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
04/29/2017 04/29/17 Price Changed $568,888 -0.5% $198 / Sq Ft
03/22/2017 03/22/17 For Sale $571,900 -- $199 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,048 $643,550 $114,918 $528,632
2023 $7,048 $618,561 $110,456 $508,105
2022 $6,890 $606,434 $108,291 $498,143
2021 $6,793 $594,544 $106,168 $488,376
2020 $6,742 $588,449 $105,080 $483,369
2019 $6,681 $582,624 $104,040 $478,584
2018 $6,552 $571,200 $102,000 $469,200
2017 $3,745 $319,850 $97,998 $221,852
2016 $3,483 $313,579 $96,077 $217,502
2015 $3,434 $308,871 $94,635 $214,236
2014 $3,403 $302,823 $92,782 $210,041
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17063127

California Regional Multiple Listing Service (CRMLS)

APN: 213-101-001