NOT LISTED FOR SALE

Estimated Value: $1,380,000 - $1,583,000

4 Beds
3 Baths
1,881 Sq Ft
$790/Sq Ft Est. Value

Last Sold April 13, 2017

Last sale price $925,000 $492 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $9,083/month

20 Days on Market

Highlights

  • Paved or Partially Paved Lot
  • R. L. Stevenson Elementary School Rated A
  • Back and Front Yard

About This Home

As of April 2017

Awesome Media District Location!! Cool Art Deco Mid Century!! Main house has 3 bedrooms and 2 bathrooms with a projected rent of $3695. Guest house has 1 bedroom and 1 bathroom with a projected rent of $2195. Features include remodeled kitchen with stainless steel appliances, living room with fireplace, remodeled bathrooms, laundry room, central heat and air, and more!

Last Agent to Sell the Property

Brad Korb

Brad Korb Real Estate Group License #00698730 Listed on: 02/15/2017

Last Buyer's Agent

Gina Uzunyan

Koenig Properties License #00984953

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,807

Year Built

  • Built in 1938

Lot Details

  • 7,846 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot
  • Level Lot
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • 1,881 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 15773
  • Assessor Parcel Number 2484005005

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Trash Expense $1,200
  • New Taxes Expense $11,250
  • Operating Expense $14,250
  • Gross Income $70,680
  • Net Operating Income $56,430

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,807

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: BUR3*
  • Property Type: Residential Income
  • Parcel Number: 2484005005
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 491.76

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level, Paved
  • Lot Size Sq Ft: 7846.00

Multi Family

  • Gross Income: 70680.00
  • Gross Scheduled Income: 70680.00
  • Insurance Expense: 1800.00
  • Net Operating Income: 56430.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 14250.00
  • Rent Control: No
  • Total Expenses: 14250.00

Tax Info

  • New Taxes Expense: 11250.00
  • Tax Census Tract: 3115.00
  • Tax Lot: 3
  • Tax Tract Number: 15773

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2024
Sold by
Sofia Robert
Bought by
Robert A Sofia Trust and Sofia
Current Estimated Value
$1,486,446

Purchase Details

Listed on
Feb 15, 2017
Closed on
Mar 10, 2017
Sold by
Marshall Lemio Chad and Marshall Tara Renee
Bought by
Sofia Robert
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
Buyer's Agent
Gina Uzunyan
Koenig Properties
List Price
$899,998
Sold Price
$925,000
Premium/Discount to List
$25,002
2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$828,753
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 21, 1995
Sold by
Business Funds Inc
Bought by
Marshall Lemio Chad and Marshall Tara Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,470
Interest Rate
7.92%
Mortgage Type
Assumption

Purchase Details

Closed on
Aug 21, 1993
Sold by
T D Service Company
Bought by
Business Funds Inc
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
Robert A Sofia Trust -- None Listed On Document
Sofia Robert $925,000 Fidelity National Title Co
Marshall Lemio Chad $198,500 American Title Ins Co
Business Funds Inc $187,801 Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sofia Robert $811,000
Previous Owner Sofia Robert $40,000
Previous Owner Sofia $811,200
Previous Owner Sofia Robert $828,753
Previous Owner Marshall Lemio Chad $584,000
Previous Owner Marshall Lemio Chad $440,000
Previous Owner Marshall Lemio Chad $40,000
Previous Owner Marshall Lemio Chad $285,000
Previous Owner Marshall Lemio Chad $45,000
Previous Owner Marshall Lemio Chad $231,000
Previous Owner Marshall Lemio Chad $202,470
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2017 04/13/17 Sold $925,000 -0.5% $492 / Sq Ft
03/08/2017 03/08/17 Price Changed $929,929 +3.3% $494 / Sq Ft
02/15/2017 02/15/17 For Sale $899,998 -- $478 / 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 $11,807 $1,073,534 $644,122 $429,412
2024 $11,807 $1,052,486 $631,493 $420,993
2023 $11,680 $1,031,850 $619,111 $412,739
2022 $11,164 $1,011,619 $606,972 $404,647
2021 $11,120 $991,784 $595,071 $396,713
2020 $10,997 $981,616 $588,970 $392,646
2019 $10,670 $962,370 $577,422 $384,948
2018 $10,485 $943,500 $566,100 $377,400
2016 $3,140 $281,636 $205,734 $75,902
2015 $3,077 $277,406 $202,644 $74,762
2014 $3,080 $271,973 $198,675 $73,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB17024566

California Regional Multiple Listing Service (CRMLS)

APN: 2484-005-005