NOT LISTED FOR SALE

Estimated Value: $1,055,000 - $1,238,000

4 Beds
2 Baths
1,764 Sq Ft
$655/Sq Ft Est. Value

Last Sold April 13, 2018

Last sale price $800,000 $454 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $7,205/month

13 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Traditional Architecture
  • Ceramic Countertops
  • Longfellow Elementary School Rated A-
  • Wood Frame Window
  • 4-minute walk to Reservoir Park

About This Home

As of April 2018

Charming Duplex on a beautiful tree-lined street in the historical district of California Heights! Two great large sized units! Back unit is gorgeous 2 bedroom , 1 bath unit with large formal dining room off the updated kitchen. Tiled floors throughout with newer carpet in bedrooms. There is convenient access to a shared 2 car garage which has a laundry room attached for the tenants use. Front unit has a super layout, also with 2 bedrooms and 1 bathroom. There is a Dinning room between the LR and updated kitchen in this unit as well. Tiled floors throughout, with newer carpet in both bedrooms. Kitchen and baths in both units have been updated with new period style cabinets and ceramic tile. The neighborhood has great, award winning schools within walking distance, and all conveniences you could think of, nearby! Easy Freeway access and public transportation close too! Great owner-occupant or long term investor property!
Current rents with long term tenants are below market rates. No rent control. Rental units, in this area, have high demand making vacancy rates almost non-existent!

Last Agent to Sell the Property

Kevin Poi

RE/MAX College Park Realty License #01319729 Listed on: 02/14/2018

RE/MAX College Park Realty

Co-Listed By

Brian Magpantay

RE/MAX College Park Realty License #01775848

Last Buyer's Agent

Dimuth Wijemanne

CENTURY 21 Affiliated License #01224890

CENTURY 21 Affiliated

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,462

Year Built

  • Built in 1947

Lot Details

  • 6,378 Sq Ft Lot
  • 1 Common Wall
  • West Facing Home
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Traditional Architecture
  • Property Attached
  • Composition Roof

Interior Spaces

  • 1,764 Sq Ft Home
  • Ceiling Fan
  • Wood Frame Window
  • Living Room
  • Tile Flooring

Kitchen

  • Gas Range
  • Ceramic Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 31
  • Tax Tract Number 5875
  • Assessor Parcel Number 7147016004

Community Details

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $750
  • Water Sewer Expense $645
  • New Taxes Expense $9,690
  • Operating Expense $11,685
  • Gross Income $41,700
  • Net Operating Income $31,436

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,462

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: California Heights (CH)
  • Water Sewer Expenses: 645.00
  • Zoning: LBR1N
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7147016004
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Ceramic Counters, Tile Counters
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 453.51
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Window Features: Wood Frames

Exterior Features

  • Direction Faces: West
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Community, Dryer Included, Individual Room, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6378.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 882 Square Feet
  • Gross Income: 41700.00
  • Gross Scheduled Income: 41700.00
  • Insurance Expense: 750.00
  • Net Operating Income: 31436.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Operating Expense: 10264.00
  • Rent Control: No
  • Total Actual Rent: 3475.00
  • Total Expenses: 11685.00

Tax Info

  • New Taxes Expense: 9690.00
  • Tax Census Tract: 5720.01
  • Tax Lot: 31
  • Tax Tract Number: 5875

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2023
Sold by
Gajaweera Ashanthi
Bought by
Ashanthi Gajaweera Revocable Living Trust
Current Estimated Value
$1,156,010

Purchase Details

Closed on
Mar 30, 2021
Sold by
Gajaweera Ruwani N and Ruwani N Gajaweera Living Trus
Bought by
Gajaweera Ruwani N and Ruwani N Gajaweera Living Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$651,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2019
Sold by
Gajaweera Ruwani N
Bought by
Gajaweera Ruwani N and Ruwani N Gajaweera Living Trus

Purchase Details

Listed on
Feb 14, 2018
Closed on
Apr 5, 2018
Sold by
Edirisinghe Anuradha
Bought by
Gajaweera Ruvani N
Seller's Agent
Kevin Poi
RE/MAX College Park Realty
Buyer's Agent
Dimuth Wijemanne
CENTURY 21 Affiliated
List Price
$775,000
Sold Price
$800,000
Premium/Discount to List
$25,000
3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.98%
Original Mortgage
$680,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 14, 2018
Closed on
Mar 3, 2018
Sold by
Lincoln Linda B
Bought by
Gajaweera Ruvani N and Gajaweera Ashanthi
Seller's Agent
Kevin Poi
RE/MAX College Park Realty
Buyer's Agent
Dimuth Wijemanne
CENTURY 21 Affiliated
List Price
$775,000
Sold Price
$800,000
Premium/Discount to List
$25,000
3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 14, 2018
Closed on
Feb 12, 2018
Sold by
Lincoln Linda B
Bought by
Lincoln Linda B and Paredes Norman
Seller's Agent
Kevin Poi
RE/MAX College Park Realty
Buyer's Agent
Dimuth Wijemanne
CENTURY 21 Affiliated
List Price
$775,000
Sold Price
$800,000
Premium/Discount to List
$25,000
3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2005
Sold by
Franco Antonio and Franco Martha
Bought by
Lincoln Linda B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,800
Interest Rate
4.38%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 27, 1996
Sold by
Franco Cecilia
Bought by
Franco Ramiro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,666
Interest Rate
7.84%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 21, 1996
Sold by
Veraouyanont Tarinee
Bought by
Franco Antonio and Franco Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,666
Interest Rate
7.84%
Mortgage Type
FHA
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
Ashanthi Gajaweera Revocable Living Trust -- None Listed On Document
Gajaweera Ruwani N -- Chicago Title Company
Gajaweera Ruwani N -- None Available
Gajaweera Ruvani N -- Ticor Title Company
Gajaweera Ruvani N $800,000 Ticor Title Company
Lincoln Linda B -- Ticor Title Company
Lincoln Linda B $666,000 Ort
Franco Ramiro -- North American Title Co
Franco Antonio $175,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gajaweera Ruwani N $651,000
Previous Owner Gajaweera Ruvani N $667,000
Previous Owner Gajaweera Ruvani N $680,000
Previous Owner Gajaweera Ruvani N $680,000
Previous Owner Lincoln Linda B $680,000
Previous Owner Lincoln Linda B $532,800
Previous Owner Franco Antonio $151,000
Previous Owner Franco Antonio $169,666
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2018 04/13/18 Sold $800,000 +3.2% $454 / Sq Ft
02/27/2018 02/27/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $775,000 -- $439 / 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 $11,462 $910,258 $625,804 $284,454
2024 $11,462 $892,411 $613,534 $278,877
2023 $11,269 $874,913 $601,504 $273,409
2022 $10,574 $857,759 $589,710 $268,049
2021 $10,366 $840,942 $578,148 $262,794
2020 $10,338 $832,320 $572,220 $260,100
2019 $10,216 $816,000 $561,000 $255,000
2018 $8,804 $700,000 $546,400 $153,600
2016 $6,679 $550,000 $429,300 $120,700
2015 $5,941 $500,000 $390,300 $109,700
2014 $5,674 $470,000 $366,900 $103,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18033053

California Regional Multiple Listing Service (CRMLS)

APN: 7147-016-004