NOT LISTED FOR SALE

Estimated Value: $778,000 - $955,000

8 Beds
8 Baths
3,697 Sq Ft
$238/Sq Ft Est. Value

Last Sold October 03, 2018

Last sale price $470,000 $127 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,312/month

10 Days on Market

Highlights

  • Private Yard
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Double Pane Windows
  • Laundry Room
  • 4 Attached Carport Spaces

About This Home

As of October 2018

4 UNIT FOR SALE! EACH UNIT IS TWO BEDS AND TWO BATHS! COMPLETELY REMODELED 2015! REHAB DONE IN 2015 INCLUDES NEW ROOF! NEW DUAL PANE WINDOWS! UPDATED PLUMBING! NEW TILE! NEW ELECTRICAL! ALL KITCHENS WERE REDONE IN 2015 WITH GRANITE COUNTER TOPS! MUST SEE TO APPRECIATE! ADD THIS CASH COW TO YOUR PORTFOLIO! ALL UNITS ARE RENTED WITH LONG TERM TENANATS!

Last Agent to Sell the Property

Gustavo Mendoza

Gustavo Mendoza, Broker License #01764376 Listed on: 07/31/2018

Last Buyer's Agent

Gustavo Mendoza

Gustavo Mendoza, Broker License #01764376 Listed on: 07/31/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 8,601 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Private Yard

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage
  • 4 Attached Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Quadruplex
  • Turnkey
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,697 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Tile Flooring
  • Electric Cooktop

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Termite Clearance

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Natural Gas Not Available

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 24
  • Tax Tract Number 4864
  • Assessor Parcel Number 1191301340000

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Gardener Expense $960
  • Insurance Expense $1,200
  • Trash Expense $1,560
  • Water Sewer Expense $1,560
  • New Taxes Expense $3,118
  • Operating Expense $8,998
  • Gross Income $46,800
  • Net Operating Income $37,802

Property Details

Home Type

Multi-Family

Year Built

Built in 1964 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 1560.00
  • Property Condition: Termite Clearance, Turnkey, Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 1191301340000
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 127.13
  • Window Features: Double Pane Windows

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Attached Carport
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Not Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Electric Cooktop
  • Heating Type: Electric
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1560.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 8601.00

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 46800.00
  • Gross Scheduled Income: 46800.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 37802.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 8998.00
  • Rent Control: No
  • Total Expenses: 8998.00

Tax Info

  • New Taxes Expense: 3118.00
  • Tax Census Tract: 74.10
  • Tax Lot: 24
  • Tax Tract Number: 4864

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2020
Sold by
Gandhi Sandeep and Sureen Neeraj
Bought by
Murillo Scott S
Current Estimated Value
$879,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,000
Outstanding Balance
$422,754
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$456,813

Purchase Details

Listed on
Jul 31, 2018
Closed on
Sep 25, 2018
Sold by
Mendoza Gustavo
Bought by
Gandhi Sandeep and Sureen Neeraj
Seller's Agent
Gustavo Mendoza
Gustavo Mendoza, Broker
Buyer's Agent
Gustavo Mendoza
Gustavo Mendoza, Broker
List Price
$479,800
Sold Price
$470,000
Premium/Discount to List
-$9,800
-2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.85%
Original Mortgage
$347,530
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 31, 2018
Closed on
Sep 24, 2018
Sold by
Sureen Shashi
Bought by
Sureen Neeraj K
Seller's Agent
Gustavo Mendoza
Gustavo Mendoza, Broker
Buyer's Agent
Gustavo Mendoza
Gustavo Mendoza, Broker
List Price
$479,800
Sold Price
$470,000
Premium/Discount to List
-$9,800
-2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,530
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2016
Sold by
Mendoza Gustavo
Bought by
Mendoza Gustavo

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
3.97%
Mortgage Type
Balloon

Purchase Details

Listed on
Feb 24, 2015
Closed on
Jun 25, 2015
Sold by
Hex Llc
Bought by
Mendoza Gustavo
Seller's Agent
VINNIE MOHABIR
BRIONES REALTY
Buyer's Agent
VINNIE MOHABIR
BRIONES REALTY
List Price
$200,000
Sold Price
$185,000
Premium/Discount to List
-$15,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.86%

Purchase Details

Closed on
Dec 13, 2013
Sold by
Washington Carolyn and Styles Tanisha E
Bought by
Hex Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2005
Sold by
Styles Secody
Bought by
Styles Tanisha E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
6.14%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 13, 2005
Sold by
Kovacik Janie Bonnette
Bought by
Washington Carolyn and Styles Tahisha E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
6.14%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 25, 2005
Sold by
Kovacik Janie Bonnette
Bought by
Kovacik Janie Bonnette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 1997
Sold by
Whitaker Nadene Madelyn
Bought by
Kovacik Janie Bennette

Purchase Details

Closed on
Jul 31, 1995
Sold by
Hud
Bought by
Kovacik Janie B and Whitaker Nadene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,852
Interest Rate
7.97%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 10, 1994
Sold by
Commercial Center Bank
Bought by
Hud

Purchase Details

Closed on
Aug 3, 1994
Sold by
T D Service Company
Bought by
Commercial Center Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Murillo Scott S $650,000 First American Title Company
Gandhi Sandeep $470,000 Stewart
Sureen Neeraj K -- Stewart
Gandhi Sandeep -- Stewart
Mendoza Gustavo -- Title365
Mendoza Gustavo $185,000 Fidelity Sherman Oaks
Hex Llc $60,000 Fidelity National Title
Styles Tanisha E -- First American Title Company
Washington Carolyn -- First American Title Company
Washington Carolyn $390,000 First American Title Company
Kovacik Janie Bonnette -- Fidelity Natl Tustin
Kovacik Janie Bennette -- --
Kovacik Janie B $63,500 First Southwestern Title Co
Hud -- Fidelity National Title Ins
Commercial Center Bank $113,434 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murillo Scott S $474,000
Previous Owner Gandhi Sandeep $347,530
Previous Owner Mendoza Gustavo $150,000
Previous Owner Hex Llc $180,000
Previous Owner Washington Carolyn $58,500
Previous Owner Washington Carolyn $292,500
Previous Owner Kovacik Janie Bonnette $182,000
Previous Owner Kovacik Janie B $61,852
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2018 10/03/18 Sold $470,000 -2.0% $127 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
07/31/2018 07/31/18 For Sale $479,800 +159.4% $130 / Sq Ft
07/20/2015 07/20/15 Sold $185,000 -7.5% $50 / Sq Ft View Prior Sale
05/28/2015 05/28/15 Pending -- -- --
02/24/2015 02/24/15 For Sale $200,000 +233.3% $54 / Sq Ft
11/20/2014 11/20/14 Sold $60,000 -70.7% $16 / Sq Ft View Prior Sale
06/12/2014 06/12/14 For Sale $205,000 -- $55 / Sq Ft
07/26/2013 07/26/13 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,924 $703,580 $108,243 $595,337
2024 $8,740 $689,785 $106,121 $583,664
2023 $8,523 $676,260 $104,040 $572,220
2022 $8,545 $663,000 $102,000 $561,000
2021 $8,568 $650,000 $100,000 $550,000
2020 $6,598 $479,400 $95,880 $383,520
2019 $6,901 $470,000 $94,000 $376,000
2018 $2,676 $192,474 $41,616 $150,858
2017 $3,118 $188,700 $40,800 $147,900
2016 $2,517 $185,000 $40,000 $145,000
2015 $2,595 $196,000 $40,000 $156,000
2014 -- $434,770 $55,740 $379,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18185160

California Regional Multiple Listing Service (CRMLS)

APN: 1191-301-34

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