NOT LISTED FOR SALE

Estimated Value: $988,000 - $1,188,000

9 Beds
4 Baths
3,301 Sq Ft
$328/Sq Ft Est. Value

Last Sold September 17, 2013

Last sale price $455,000 $138 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $6,543/month

5 Days on Market

Highlights

  • No HOA
  • 4 Car Garage
  • Wall Furnace
  • Tile Flooring

About This Home

As of September 2013

Located very close to the freeway, this fourplex features great income opportunities. Unit #1 & 2: 3bd/1ba // Units #2: 2bd/1ba // Unit #4: 1bd/1ba. May need a little TLC but it's a great opportunity.

Last Agent to Sell the Property

David Haub

CalTerra Partners License #01370686 Listed on: 04/03/2013

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,680

Year Built

  • Built in 1956

Lot Details

  • 6,069 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 3,301 Sq Ft Home
  • 2-Story Property
  • Gas Range

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Tax Lot 3
  • Tax Tract Number 19122
  • Assessor Parcel Number 7120017026

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $5,119
  • Gross Income $3,975
  • Net Operating Income $47,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,680

Year Built

Built in 1956

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Other Phone Description: Office
  • Other Phone Number: 562-598-0649
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 7120017026
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Carpet, Tile
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 137.84

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Size Sq Ft: 6069.00
  • Lot Size Acres: 0.1390

Rental Info

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

Multi Family

  • Average1 Bed Area: 500
  • Average2 Bed Area: 750
  • Average3 Bed Area: 900
  • Gross Income: 3975.00
  • Gross Scheduled Income: 47700.00
  • Lot Size Area: 6069.0000 Square Feet
  • Net Operating Income: 47700.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 3975.00

Tax Info

  • New Taxes Expense: 5119.00
  • Tax Lot: 3
  • Tax Tract Number: 19122
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2022
Sold by
Larimore Christopher and Larimore Kimberly
Bought by
Villa Mia Llc
Current Estimated Value
$1,083,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Outstanding Balance
$635,605
Interest Rate
4.16%
Estimated Equity
$412,728

Purchase Details

Closed on
Apr 28, 2022
Sold by
Villa Mia Llc
Bought by
Larimore Christopher and Larimore Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Outstanding Balance
$635,605
Interest Rate
4.16%
Estimated Equity
$412,728

Purchase Details

Closed on
Mar 17, 2021
Sold by
Larimore Christopher and Larimore Kimberly
Bought by
Villa Mia Llc

Purchase Details

Closed on
Jan 22, 2018
Sold by
Larimore Christopher
Bought by
Villa Mia Llc

Purchase Details

Listed on
Apr 3, 2013
Closed on
Aug 14, 2013
Sold by
Anderson Richard L
Bought by
Larimore Christopher and Larimore Kimberly
Seller's Agent
David Haub
CalTerra Partners
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$299,000
Sold Price
$455,000
Premium/Discount to List
$156,000
52.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Original Mortgage
$341,250
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2006
Sold by
Anderson Richard L
Bought by
Anderson Richard L and Anderson Maureen

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
6.55%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 10, 2002
Sold by
Brown La Tonya
Bought by
Anderson Richard and Anderson Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.43%

Purchase Details

Closed on
Jul 29, 1999
Sold by
Craft Dashan L
Bought by
Brown Latonya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,420
Interest Rate
7.77%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 27, 1994
Sold by
Glendale Federal Bank
Bought by
Craft Dashan L and Craft Demetrius A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
5.62%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 21, 1994
Sold by
Verdugo Service Corp
Bought by
Glendale Federal Bank Fsb
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
Villa Mia Llc -- New Title Company Name
Larimore Christopher -- New Title Company Name
Villa Mia Llc -- Usa National Title Company
Villa Mia Llc -- None Available
Larimore Christopher $455,000 Lawyers Title Company
Anderson Richard L -- None Available
Anderson Richard $340,000 Lawyers Title Company
Brown Latonya $232,000 Orange Coast Title
Craft Dashan L $195,000 Continental Lawyers Title
Glendale Federal Bank Fsb $239,179 Southern California Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larimore Christopher $675,000
Previous Owner Larimore Christopher $375,000
Previous Owner Larimore Christopher $57,500
Previous Owner Larimore Christopher $341,250
Previous Owner Anderson Richard L $150,000
Previous Owner Anderson Richard L $200,000
Previous Owner Anderson Richard $440,000
Previous Owner Anderson Richard $272,000
Previous Owner Brown Latonya $48,000
Previous Owner Brown Latonya $230,420
Previous Owner Craft Dashan L $175,500
Closed Anderson Richard $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2013 09/17/13 Sold $455,000 +52.2% $138 / Sq Ft
04/08/2013 04/08/13 Pending -- -- --
04/03/2013 04/03/13 For Sale $299,000 -- $91 / 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 $7,680 $557,757 $318,718 $239,039
2024 $7,680 $546,821 $312,469 $234,352
2023 $7,547 $536,100 $306,343 $229,757
2022 $7,102 $525,589 $300,337 $225,252
2021 $6,942 $515,285 $294,449 $220,836
2020 $6,924 $510,002 $291,430 $218,572
2019 $6,844 $500,003 $285,716 $214,287
2018 $6,594 $490,200 $280,114 $210,086
2016 $6,060 $471,167 $269,238 $201,929
2015 $5,826 $464,090 $265,194 $198,896
2014 $5,803 $455,000 $260,000 $195,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13058925

California Regional Multiple Listing Service (CRMLS)

APN: 7120-017-026