NOT LISTED FOR SALE

Estimated Value: $1,277,000 - $1,439,796

5 Beds
3 Baths
2,050 Sq Ft
$665/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $1,200,000 $585 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $8,489/month

292 Days on Market

About This Home

As of March 2021

Pristine houses on a large lot like 3530 and 3532 Locust rarely come on the market! Front house is a 3 bedroom/ 2 bathroom completely remodeled! Newer kitchen with custom cabinets, newer bathrooms, new laminate flooring new central heat and air, new interior and newer exterior paint. New installed water heater. Newer Stainless Steel appliances are included in the kitchen. Front house is gated off with their own private back and side yard. Rear house is a 2 bedroom/ 1 bath which also has been completely remodeled few years ago. Back unit has its own private gated yard. Each unit has their own separate garage. The houses are separately metered for gas and electricity. New beautiful landscape adorns the property. This property is great for owner who wants to live in the front and rent the back house to help pay the mortgage or for an investor to rent out both units! Hurry to this prime Los Cerritos/ Bixby Knolls location.

Last Agent to Sell the Property

Austin Carr

Realty One Group United License #01986298 Listed on: 05/13/2020

Realty One Group United

Last Buyer's Agent

Natasha Schultheis

Coldwell Banker Realty License #01277420

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 8,196 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • 2,050 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 43 / F
  • Tax Tract Number 5720
  • Assessor Parcel Number 7141003018

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Net Operating Income $49,440

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Los Cerritos (LC)
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Parcel Number: 7141003018
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 585.37

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8196.00
  • Lot Size Acres: 0.1882

Multi Family

  • Gross Scheduled Income: 56340.00
  • Lot Size Area: 8196.0000 Square Feet
  • Net Operating Income: 49440.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 6900.00
  • Rent Control: Yes

Tax Info

  • Tax Block: F
  • Tax Census Tract: 5720.02
  • Tax Lot: 43
  • Tax Tract Number: 5720

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2019
Sold by
Gonzalez Jesus M and Gonzalez Priscilla Waiyee
Bought by
Gonzalez Jesus and Gonzalez Priscilla
Current Estimated Value
$1,363,949

Purchase Details

Listed on
Sep 28, 2017
Closed on
Oct 10, 2017
Sold by
One & Done Investments Llc
Bought by
Gonzalez Jesus M and Gonzalez Priscilla Waiyee
Seller's Agent
Kristina Moore
The Moore Group
Buyer's Agent
Kristina Moore
The Moore Group
List Price
$799,000
Sold Price
$832,000
Premium/Discount to List
$33,000
4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$707,200
Outstanding Balance
$589,448
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$774,501

Purchase Details

Closed on
Nov 25, 2014
Sold by
Kreitenberg Josef and Kreitenberg Marlene
Bought by
One & Done Investments Llc

Purchase Details

Closed on
Nov 8, 2013
Sold by
Kreitenberg Joseph and Kreitenberg Marlene
Bought by
Kreitenberg Josef and Kreitenberg Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,600
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2013
Sold by
One & Done Llc
Bought by
Kreitenberg Joseph and Kreitenberg Marlene

Purchase Details

Closed on
Feb 4, 2013
Sold by
Kreitenberg Josef and Kreitenberg Marlene
Bought by
One & Done Llc

Purchase Details

Listed on
Oct 3, 2012
Closed on
Oct 25, 2012
Sold by
Meehan Shawn P and Estate Of Jill L Petoniak
Bought by
Kreitenberg Josef and Kreitenberg Marlene
Seller's Agent
Theresa La Roche
Keller Williams Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$500,000
Sold Price
$505,000
Premium/Discount to List
$5,000
1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%

Purchase Details

Closed on
Jun 26, 2003
Sold by
Macalalad Benjamin and Macalalad Perla
Bought by
Petoniak Jill

Purchase Details

Closed on
Aug 1, 2002
Sold by
Macalalad Benjamin and Macalalad Perla
Bought by
Macalalad Benjamin and Macalalad Perla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,500
Interest Rate
6.52%

Purchase Details

Closed on
Jan 9, 1999
Sold by
Macalalad Benjamin and Macalalad Perla
Bought by
Macalalad Benjamin B and Macalalad Perla T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gonzalez Jesus -- None Available
Gonzalez Jesus M $832,000 Commonwealth Land Title Co
One & Done Investments Llc -- None Available
Kreitenberg Josef -- Nations Title Company Of Ca
Kreitenberg Joseph -- North American Title Company
One & Done Llc $580,000 Accommodation
Kreitenberg Josef $505,000 North American Title Company
Petoniak Jill $500,000 Southland Title Corporation
Macalalad Benjamin -- Lawyers Title Company
Macalalad Benjamin B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Jesus M $707,200
Previous Owner Kreitenberg Josef $418,600
Previous Owner Macalalad Benjamin $223,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2021 03/19/21 Sold $1,200,000 -4.0% $585 / Sq Ft
05/13/2020 05/13/20 For Sale $1,250,000 +50.2% $610 / Sq Ft
11/07/2017 11/07/17 Sold $832,000 +4.1% $406 / Sq Ft View Prior Sale
10/08/2017 10/08/17 Pending -- -- --
09/28/2017 09/28/17 For Sale $799,000 +58.2% $390 / Sq Ft
11/06/2012 11/06/12 Sold $505,000 +1.0% $246 / Sq Ft View Prior Sale
10/14/2012 10/14/12 Pending -- -- --
10/03/2012 10/03/12 For Sale $500,000 -- $244 / 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 $16,371 $1,298,917 $757,701 $541,216
2024 $16,371 $1,273,449 $742,845 $530,604
2023 $16,101 $1,248,480 $728,280 $520,200
2022 $15,108 $1,224,000 $714,000 $510,000
2021 $10,944 $874,578 $441,494 $433,084
2020 $10,916 $865,612 $436,968 $428,644
2019 $10,705 $848,640 $428,400 $420,240
2018 $10,337 $832,000 $420,000 $412,000
2017 $8,954 $704,176 $352,088 $352,088
2016 $8,322 $690,370 $345,185 $345,185
2015 $7,986 $680,000 $340,000 $340,000
2014 $6,975 $582,632 $291,316 $291,316
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20090973

California Regional Multiple Listing Service (CRMLS)

APN: 7141-003-018