NOT LISTED FOR SALE

Estimated Value: $460,000 - $552,000

-- Bed
2 Baths
720 Sq Ft
$699/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $340,000 $472 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,000/month

59 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • 1-Story Property
  • Polytechnic High School Rated A-

About This Home

As of October 2020

Great Investment opportunity. Duplex with 2 studio apartments. Each unit has been renovated with a new roof installed in 2019.
3436 Locust was renovated in 2008 with new plumbing in 2013, new flooring in 2016, new toilet in 2018
3438 Locust was renovated in 2001 with new plumbing in 2013
Driveway was renovated in 2013

Last Agent to Sell the Property

Rebecca Reyes-Turner

ROYAL REALTY License #01221398 Listed on: 05/15/2020

Last Buyer's Agent

Gerald Larkins

First Reliance Realty License #01978680

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,935

Year Built

  • Built in 1924

Lot Details

  • 3,485 Sq Ft Lot
  • 1 Common Wall
  • Sprinkler System

Home Design

  • Duplex

Interior Spaces

  • 2 Bathrooms
  • 720 Sq Ft Home
  • 1-Story Property

Parking

  • Parking Available
  • Driveway

Utilities

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

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Legal Lot and Block 11 / 4
  • Tax Tract Number 9000
  • Assessor Parcel Number 214122002

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $525
  • Water Sewer Expense $336
  • New Taxes Expense $4,255
  • Operating Expense $5,116
  • Gross Income $21,900
  • Net Operating Income $16,784

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,935

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 336.00
  • Zoning: R1065
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 214122002
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 472.22

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 3485.00
  • Lot Size Acres: 0.0800

Rental Info

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

Multi Family

  • Average Studio Area: 360 Square Feet
  • Gross Income: 21900.00
  • Gross Scheduled Income: 21900.00
  • Insurance Expense: 525.00
  • Lot Size Area: 3485.0000 Square Feet
  • Net Operating Income: 16784.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Number With Range: 2
  • Operating Expense: 5116.00
  • Rent Control: No
  • Total Expenses: 5116.00

Tax Info

  • New Taxes Expense: 4255.00
  • Tax Block: 4
  • Tax Census Tract: 302.00
  • Tax Lot: 11
  • Tax Tract Number: 009000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2023
Sold by
Izquierdo Jorge Nery Morales
Bought by
Revocable Trust
Total Days on Market
59
Current Estimated Value
$503,438

Purchase Details

Closed on
Jul 14, 2020
Sold by
Garberoglio Marcella E
Bought by
Izquierdo Jorge Nery Morales

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,841
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
May 31, 2006
Sold by
Garberoglio Marcella E and Balderas Marcella E
Bought by
Garberoglio Marcella E

Purchase Details

Closed on
May 30, 2006
Sold by
Garberoglio Pedro Gustavo
Bought by
Garberoglio Marcella E

Purchase Details

Closed on
Oct 29, 2002
Sold by
Ng Chiu
Bought by
Balderas Marcella E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,900
Interest Rate
5.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 23, 2001
Sold by
Baross James P and Baross Mary C
Bought by
Ng Chiu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,900
Interest Rate
6.99%
Mortgage Type
Seller Take Back
Source: Public Records

Similar Home in Riverside, CA

  • 4027 Dwight Ave, Riverside, CA 92507

    $595,000

    • 2 Beds
    • 2 Baths
    • 1,273 Sq Ft
    • 4027 Dwight Ave
    • Riverside, CA

    Own a charming, income-producing duplex just 1.4 miles from the University of California, Riverside - perfect for house hacking, investors, or multigenerational living. Live in one unit and rent out the other, or rent both and watch the cash flow grow. Each unit offers 1 bedroom, 1 bath, updated kitchens with granite counters, durable tile flooring, dual-pane windows for energy efficiency, and

    Caleb Hanson KELLER WILLIAMS REALTY COLLEGE PARK

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Revocable Trust -- None Listed On Document
Izquierdo Jorge Nery Morales $340,000 Lawyers Title Company
Garberoglio Marcella E -- Fidelity National Title
Garberoglio Marcella E -- Fidelity National Title
Balderas Marcella E $130,000 First American Title Co
Ng Chiu $86,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Izquierdo Jorge Nery Morales $333,841
Previous Owner Garberglio Marcella E $184,000
Previous Owner Balderas Marcella E $103,900
Previous Owner Ng Chiu $80,900
Closed Balderas Marcella E $12,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $340,000 -8.1% $472 / Sq Ft
05/15/2020 05/15/20 For Sale $370,000 -- $514 / 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
2023 $3,935 $353,736 $78,030 $275,706
2022 $3,843 $346,800 $76,500 $270,300
2021 $3,873 $340,000 $75,000 $265,000
2020 $2,006 $172,134 $59,581 $112,553
2019 $1,969 $168,760 $58,413 $110,347
2018 $1,931 $165,452 $57,268 $108,184
2017 $1,898 $162,209 $56,146 $106,063
2016 $1,779 $159,030 $55,046 $103,984
2015 $1,753 $156,643 $54,220 $102,423
2014 $1,736 $153,577 $53,159 $100,418
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20092650

California Regional Multiple Listing Service (CRMLS)

APN: 214-122-002