NOT LISTED FOR SALE
8 Beds
7 Baths
4,300 Sq Ft
6,959 Sq Ft Lot

Sale Details

Date Sold: April 2, 2019

Last sale price $842,000 $196 Per Sq Ft

2 Days on Market

Highlights

  • Dual Staircase
  • Property is near park
  • Private Yard
  • Fireplace in Bathroom
  • Corner Lot
  • No HOA

About This Home

As of April 2019

AWESOME!! Seven Unit Investment Property to be Sold AS- IS. [ 1] 2 BEDROOM ONE BATH AND [6] 1 BEDROOM ONE BATH Property. The 7 Units Are centrally located in the Downtown Area , Close to 91 and 60 freeway. Shopping Centers and Public Transportation. All Units are individually Metered for Electric and Gas. Buyer Can Live in ONE Unit and Rent the other Six. Rents are Currently Below Market with Significant Upside in this Non Rent Control Area . Seller May Credit Buyer up to $15,000 for Repairs

Last Agent to Sell the Property

John Dallah

C Dallah Real Estate License #00957086 Listed on: 03/18/2019

Last Buyer's Agent

Jag Singh

Keller Williams - Eagle Rock License #01886951

Keller Williams - Eagle Rock

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 6,959 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot
  • Level Lot
  • Front Yard Sprinklers
  • Private Yard
  • Lawn

Home Design

  • Apartment
  • Interior Block Wall

Interior Spaces

  • 4,300 Sq Ft Home
  • Dual Staircase
  • Ceiling Fan
  • Electric Fireplace
  • Gas Fireplace
  • Formal Entry
  • Family Room with Fireplace
  • Living Room
  • Attic Fan

Kitchen

  • Convection Oven
  • Gas Oven
  • Gas Cooktop
  • Laminate Countertops
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms
  • Fireplace in Bathroom

Accessible Home Design

  • Doors swing in
  • Doors are 32 inches wide or more
  • Accessible Parking

Outdoor Features

  • Living Room Balcony
  • Fireplace in Patio

Location

  • Property is near park

Utilities

  • Cooling System Powered By Gas
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater
  • Sewer Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 10
  • Assessor Parcel Number 214141012

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 8 Separate Water Meters
  • Electric Expense $355
  • Insurance Expense $3,600
  • Professional Management Expense $50
  • Trash Expense $2,448
  • Water Sewer Expense $1,140
  • New Taxes Expense $3,855
  • Operating Expense $11,398
  • Gross Income $49,920
  • Net Operating Income $38,522

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

6,959 Sq Ft Lot

Listing Details

  • Professional Management Expense: 50.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1140.00
  • Zoning: R3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 214141012
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases, Attic Fan, Balcony, Block Walls, Ceiling Fan(s), Laminate Counters, Living Room Balcony
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Accessibility Features: 32 Inch Or More Wide Doors, Doors - Swing In, Parking
  • Appliances: Yes
  • Fireplace Features: Bath, Family Room, Kitchen, Patio, Electric, Gas
  • Price Per Square Foot: 195.81
  • Room Type: Formal Entry, Kitchen, Living Room

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Convection Oven, Gas Oven, Gas Cooktop, Gas Water Heater
  • Electric: Electricity - On Property, Standard
  • Heating Type: Wall Furnace, Natural Gas
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 2448.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Electric, Gas
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Lawn, Lot 6500-9999, Level, Park Nearby, Sprinklers In Front, Yard
  • Lot Size Sq Ft: 6959.00
  • Lot Size Acres: 0.1598

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Electric Expense: 355.00
  • Gross Income: 49920.00
  • Gross Scheduled Income: 49920.00
  • Insurance Expense: 3600.00
  • Lot Size Area: 6959.0000 Square Feet
  • Net Operating Income: 38522.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 8
  • Number Of Units Total: 7
  • Operating Expense: 11398.00
  • Rent Control: No
  • Total Expenses: 11398.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 3855.00
  • Tax Census Tract: 303.00
  • Tax Lot: 10

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,569,200
Interest Rate
0.0632%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
0.0305%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
0.0305%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2020
Sold by
Bought by

Purchase Details

Listed on
Mar 18, 2019
Closed on
Mar 25, 2019
Sold by
Bought by
Seller's Agent
John Dallah
C Dallah Real Estate
Buyer's Agent
Jag Singh
Keller Williams - Eagle Rock
List Price
$850,000
Sold Price
$842,000
Premium/Discount to List
-$8,000
-0.94%

Purchase Details

Closed on
Oct 17, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
0.0382%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 6, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
0.0382%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 22, 2003
Sold by
Bought by

Purchase Details

Closed on
Jun 3, 1999
Sold by
Bought by

Purchase Details

Closed on
Jul 1, 1996
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Orange Coast Title
-- Orange Coast Title
-- Accommodation
$1,200,000 Chicago Title Company
$842,000 First American Title Company
-- None Available
-- Old Republic Title Company
-- --
-- Orange Coast Title Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $21,569,200
Closed $50,000
Closed --
Closed $200,000
Closed $25,000
Closed $182,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/02/2019 04/02/19 Sold $842,000 -0.9% $196 / Sq Ft
03/20/2019 03/20/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $850,000 -- $198 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $14,520 $1,325,977 $216,485 $1,109,492
2023 $14,520 $1,274,490 $208,080 $1,066,410
2022 $14,193 $1,249,500 $204,000 $1,045,500
2021 $13,972 $1,225,000 $200,000 $1,025,000
2020 $9,912 $858,840 $119,340 $739,500
2019 $3,929 $323,767 $82,659 $241,108
2018 $3,855 $317,420 $81,039 $236,381
2017 $3,790 $311,197 $79,450 $231,747
2016 $3,560 $305,096 $77,893 $227,203
2015 $3,511 $300,516 $76,724 $223,792
2014 $3,479 $294,631 $75,222 $219,409
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19059215

California Regional Multiple Listing Service (CRMLS)

APN: 214-141-012

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