NOT LISTED FOR SALE

Estimated Value: $774,000 - $1,038,000

4 Beds
4 Baths
2,700 Sq Ft
$342/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $735,000 $272 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,886/month

12 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Laundry Room
  • Polytechnic High School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

About This Home

As of May 2021

Calling All Saavy Investors and Buyers. Live in one unit, rent out the other 3 units. Super Sharp Property --- 3 SEPARATE Buildings--- 4 UNITS--- - Private Parking--- in Beautiful Exclusive Mile Square Northwest Historical District. Areas for picnic and pleasant enjoyment by tenants. Featuring one 2Bed with Inside Laundry and Central Air/ Central Heat , two 1bedroom (* one of these units has a BONUS ROOM, which is used as 2nd Bedroom), and studio with separate Dining/Kitchen. Private Parking, plus plenty of curb parking. Two Units have INSIDE LAUNDRY. Mature trees for cooling shade. Separate Gas and Electric Meters . Many Offices of both Legal and County and State, plus small office businesses, local restaurants, etc. for plenty of tenant possibilities. Close to downtown offices, Night Life , Restaurants, Museums, Parks, Historical Sites, Fairmont Park and Lake. Plenty of Shopping Plazas nearby. Close to Mass Transit. Commuter friendly - 91 Fwy, 60 Fwy, 215 Fwy.

Last Agent to Sell the Property

Mario Gonzalez

Rise Realty License #01708214 Listed on: 04/18/2021

Rise Realty

Last Buyer's Agent

Karen Yu

Mountain View Capital, Inc. License #01909924

Mountain View Capital, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,619

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls

Home Design

  • 2,700 Sq Ft Home
  • Quadruplex

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Gas Range
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 11 / 4
  • Tax Tract Number 7
  • Assessor Parcel Number 214122009

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,619

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Zoning: R1065
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 214122009
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 272.22
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Common Area, Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3800.00
  • Gross Scheduled Income: 3800.00
  • Lot Size Area: 7405.0000 Square Feet
  • 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
  • Number Wall A C: 3
  • Number With Range: 4
  • Operating Expense: 200.00
  • Rent Control: No
  • Total Actual Rent: 3800.00

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 302.00
  • Tax Lot: 11
  • Tax Tract Number: 007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2021
Closed on
May 5, 2021
Sold by
Gallo Juan and Gallo Alda
Bought by
Chu Joseph On Wa and Tsao Ashley Chi
Seller's Agent
Mario Gonzalez
Rise Realty
Buyer's Agent
Karen Yu
Mountain View Capital, Inc.
List Price
$720,000
Sold Price
$735,000
Premium/Discount to List
$15,000
2.08%
Total Days on Market
12
Current Estimated Value
$924,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,191
Avg. Annual Appreciation
5.77%

Purchase Details

Listed on
Aug 21, 2016
Closed on
Jan 23, 2017
Sold by
Leon Jose and Leon Petra E
Bought by
Gallo Juan and Gallo Aida
Seller's Agent
Steven Nieves
ERA North Orange County
Buyer's Agent
mario gonzalez
Rise Realty
List Price
$445,000
Sold Price
$458,000
Premium/Discount to List
$13,000
2.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.80%
Original Mortgage
$449,704
Interest Rate
4.2%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 17, 2004
Sold by
May Chris and May Stephanie
Bought by
Leon Jose and Leon Petra E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,600
Interest Rate
5.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 26, 2002
Sold by
May Chris
Bought by
May Chris and May Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.29%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Chu Joseph On Wa $735,000 First American Title
Gallo Juan $458,000 Title 365
Leon Jose $399,000 Fnt
May Chris -- New Century Title Company
May Chris -- New Century Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gallo Juan $449,704
Previous Owner Leon Jose $209,000
Previous Owner Leon Jose $207,600
Previous Owner May Chris $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold $735,000 +2.1% $272 / Sq Ft
04/30/2021 04/30/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $720,000 -2.0% $267 / Sq Ft
04/21/2021 04/21/21 Off Market $735,000 -- --
04/18/2021 04/18/21 For Sale $720,000 +57.2% $267 / Sq Ft
02/21/2017 02/21/17 Sold $458,000 +2.9% $170 / Sq Ft
01/15/2017 01/15/17 Pending -- -- --
12/06/2016 12/06/16 For Sale $445,000 0.0% $165 / Sq Ft
10/20/2016 10/20/16 Pending -- -- --
10/10/2016 10/10/16 Price Changed $445,000 -3.1% $165 / Sq Ft
08/21/2016 08/21/16 For Sale $459,000 -- $170 / 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 $8,619 $764,694 $156,060 $608,634
2022 $8,423 $749,700 $153,000 $596,700
2021 $5,578 $491,068 $134,025 $357,043
2020 $5,536 $486,033 $132,651 $353,382
2019 $5,432 $476,503 $130,050 $346,453
2018 $5,326 $467,160 $127,500 $339,660
2017 $4,572 $298,200 $124,950 $173,250
2016 $3,275 $298,200 $124,950 $173,250
2015 $3,124 $284,000 $119,000 $165,000
2014 $3,154 $284,000 $119,000 $165,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG21081435

California Regional Multiple Listing Service (CRMLS)

APN: 214-122-009