NOT LISTED FOR SALE

Estimated Value: $1,339,000 - $1,482,000

11 Beds
7 Baths
3,403 Sq Ft
$412/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $1,350,000 $397 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,079/month

601 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Rectangular Lot
  • John Muir High School Rated A-
  • Central Heating and Cooling System

About This Home

As of June 2024

4 units on a large lot. Lots of potential. Centrally located between Garfield & Los Robles. The front building is a residence with 6 bedrooms and 4 baths. Large front porch. Living room has beamed ceilings. Central air and heat. Large ceiling fans. Spacious kitchen with generous counter space & cabinets. The duplex located in the rear was built in 1988. It consists of 2 X two bedrooms with one bath built over the 8 car carport. Both units have laminated floors, wall heaters, acoustic ceilings & walk in & linen closets. There is a fourth unit with one bedroom / 1 bath located in the back. It has high ceilings. Sold in as-is condition. Large lot Zoned FGSP-C-3D allows for a wide variety of uses- residential care facility, office, food, catering, child care etc. Two units will be delivered vacant.

Last Agent to Sell the Property

Enrique Liza

COMPASS Brokerage Phone: 626-818-0980 License #00691382 Listed on: 09/09/2022

COMPASS

Last Buyer's Agent

Barbara Lyle

Coldwell Banker Realty License #01237757

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,541

Year Built

  • Built in 1908

Lot Details

  • 10,134 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot

Home Design

  • Quadruplex
  • Cosmetic Repairs Needed

Interior Spaces

  • 3,403 Sq Ft Home
  • Wood Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 7 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 10 Parking Spaces
  • 8 Carport Spaces

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 16
  • Tax Tract Number 461
  • Assessor Parcel Number 5725029015
  • $1,100 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,800
  • Insurance Expense $1,600
  • Trash Expense $1,920
  • Water Sewer Expense $3,600
  • New Taxes Expense $18,737
  • Operating Expense $27,657
  • Gross Income $44,400
  • Net Operating Income $16,023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,541

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 1.11
  • Price Per Unit: 362500
  • Property Attached: Yes
  • Water Sewer Expenses: 3600.00
  • Zoning: FGSPC-3D
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 5725029015
  • Year Built: 1908
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Levels: One, Two
  • Price Per Square Foot: 396.71

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 8.00
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1920.00
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft, Rectangular Lot
  • Lot Size Sq Ft: 10134.00
  • Lot Size Acres: 0.2326
  • Latitude Manual: 34.15752800

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 44400.00
  • Gross Multiplier: 32.00
  • Gross Scheduled Income: 44400.00
  • Insurance Expense: 1600.00
  • Lot Size Area: 10134.0000 Square Feet
  • Net Operating Income: 16023.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 4
  • Number Wall A C: 1
  • Operating Expense: 27045.00
  • Rent Control: Yes
  • Total Actual Rent: 3700.00
  • Total Expenses: 27657.00
  • Vacancy Allowance: 2952
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 18737.00
  • Tax Census Tract: 4619.01
  • Tax Lot: 16
  • Tax Tract Number: 461...
  • TaxOtherAnnualAssessmentAmount: 1100.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Jun 14, 2024
Sold by
Cristina Soria Protective Trust and Soria Cristina
Bought by
Lyle James C
Seller's Agent
Enrique Liza
COMPASS
Buyer's Agent
Barbara Lyle
Coldwell Banker Realty
List Price
$1,699,000
Sold Price
$1,350,000
Premium/Discount to List
-$349,000
-20.54%
Views
555
Current Estimated Value
$1,400,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,635
Avg. Annual Appreciation
2.14%
Original Mortgage
$1,080,000
Outstanding Balance
$1,065,271
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$319,172

Purchase Details

Listed on
Sep 9, 2022
Closed on
May 1, 2024
Sold by
Cristina Soria Protective Trust and Soria Cristina
Bought by
Lyle James C
Seller's Agent
Enrique Liza
COMPASS
Buyer's Agent
Barbara Lyle
Coldwell Banker Realty
List Price
$1,699,000
Sold Price
$1,350,000
Premium/Discount to List
-$349,000
-20.54%
Views
555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,080,000
Outstanding Balance
$1,065,271
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$319,172

Purchase Details

Closed on
Sep 24, 2021
Sold by
Soria Cristina
Bought by
Soria Cristina and The Cristina Soria Protective

Purchase Details

Closed on
Nov 15, 2006
Sold by
Soria Francisco and Soria Cristina
Bought by
Soria Francisco and Soria Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2001
Sold by
Elias Luis and Castro Mauro
Bought by
Soria Francisco and Soria Cristina

Purchase Details

Closed on
Apr 18, 1997
Sold by
Nezam Parichehr D
Bought by
Elias Luis and Castro Mauro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,289
Interest Rate
7.98%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 27, 1997
Sold by
Romero Manuel and Romero Herlinda
Bought by
Nezam Parichehr D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,200
Interest Rate
7.74%
Source: Public Records

Range of Values:

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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
Lyle James C $1,350,000 Old Republic Title Company
Lyle James C $1,350,000 Old Republic Title Company
Soria Cristina -- None Available
Soria Francisco -- Investors Title Company
Soria Francisco -- Chicago Title Co
Elias Luis $197,000 Old Republic Title Company
Nezam Parichehr D $154,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyle James C $1,080,000
Previous Owner Lyle James C $1,080,000
Previous Owner Soria Cristina $585,000
Previous Owner Soria Francisco $570,000
Previous Owner Soria Francisco $270,000
Previous Owner Soria Francisco $233,500
Previous Owner Elias Luis $194,000
Previous Owner Elias Luis $192,000
Previous Owner Elias Luis $191,289
Previous Owner Nezam Parichehr D $123,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $1,350,000 -6.9% $397 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
06/27/2023 06/27/23 Price Changed $1,450,000 -3.3% $426 / Sq Ft
03/19/2023 03/19/23 Price Changed $1,499,000 -4.8% $440 / Sq Ft
02/14/2023 02/14/23 Price Changed $1,575,000 -4.5% $463 / Sq Ft
12/07/2022 12/07/22 Price Changed $1,649,000 -2.9% $485 / Sq Ft
09/09/2022 09/09/22 For Sale $1,699,000 -- $499 / 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 $5,541 $1,377,000 $1,020,000 $357,000
2024 $5,541 $398,846 $265,902 $132,944
2023 $5,493 $391,027 $260,689 $130,338
2022 $5,321 $383,361 $255,578 $127,783
2021 $5,107 $375,845 $250,567 $125,278
2020 $4,933 $371,992 $247,998 $123,994
2019 $4,938 $364,699 $243,136 $121,563
2018 $4,868 $357,549 $238,369 $119,180
2016 $4,668 $343,667 $229,114 $114,553
2015 $4,615 $338,506 $225,673 $112,833
2014 $4,553 $331,876 $221,253 $110,623
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF22185588

California Regional Multiple Listing Service (CRMLS)

APN: 5725-029-015