NOT LISTED FOR SALE

Estimated Value: $889,000 - $1,026,000

4 Beds
2 Baths
1,500 Sq Ft
$642/Sq Ft Est. Value

Last Sold February 09, 2021

Last sale price $730,000 $487 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,823/month

10 Days on Market

Highlights

  • Guarded Parking
  • Wood Flooring
  • Private Yard
  • Primary Bedroom Suite
  • Granite Countertops
  • No HOA

About This Home

As of February 2021

GREAT OPPORTUNITY FOR INVESTORS, DEVELOPER, and FIRST TIME BUYERS. This duplex is a great investment income property. The property consist of two houses on a lot. Both have 2 bedroom,1 bath, living room and kitchen. The back has great potential for a accessory dwelling unit opportunity. Spacious driveway for parking. Must See!

Last Agent to Sell the Property

Keren Zuniga

Maxximum Realty Inc License #02098109 Listed on: 11/21/2020

Last Buyer's Agent

Diego Minera

CITYWIDE ELITE REALTY License #01911053

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 5,794 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Level Lot
  • No Sprinklers
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Home Design

  • Duplex
  • Entry on the 1st floor
  • Interior Block Wall
  • Partial Copper Plumbing
  • Copper Plumbing

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Brick Wall or Ceiling
  • Recessed Lighting
  • ENERGY STAR Qualified Doors
  • Living Room
  • Storage
  • Storm Doors

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • ENERGY STAR Qualified Appliances
  • Granite Countertops
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Stone
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer
  • 220 Volts In Laundry

Parking

  • 6 Open Parking Spaces
  • 12 Parking Spaces
  • 6 Carport Spaces
  • Public Parking
  • Private Parking
  • Side by Side Parking
  • Combination Of Materials Used In The Driveway
  • Gravel Driveway
  • Paved Parking
  • On-Street Parking
  • Guarded Parking

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating
  • Electronic Air Cleaner

Utilities

  • High Efficiency Air Conditioning
  • Forced Air Heating and Cooling System
  • Phone Connected

Additional Features

  • Accessible Parking
  • Balcony

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 15 / I
  • Tax Tract Number 219020
  • Assessor Parcel Number 5044017015

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • Electric Expense $125
  • Gardener Expense $50
  • Insurance Expense $175
  • Other Expense $300
  • Trash Expense $25
  • Water Sewer Expense $100
  • Operating Expense $300
  • Gross Income $8,150
  • Net Operating Income $8,150

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Ad Number: 9495292300
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Maintained, Paved
  • View: No
  • Water Sewer Expenses: 100.00
  • Zoning: LAR1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 50.00
  • Parcel Number: 5044017015
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Block Walls, Brick Walls, Copper Plumbing Full, Copper Plumbing Partial, Crown Molding, Electronic Air Cleaner, Granite Counters, Recessed Lighting, Storage, Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Stone, Tile, Vinyl, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Door Features: ENERGY STAR Qualified Doors, Storm Door(s)
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 486.67
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Master Suite, Two Masters

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 6.00
  • Parking Features: Driveway - Combination, Concrete, Gravel, Guarded, On Site, Private, Public, Side by Side, Street
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: ENERGY STAR Qualified Appliances, Gas Oven, Gas Range, Range Hood, Recirculated Exhaust Fan, Refrigerator
  • Electric: 220 Volts in Laundry
  • Heating Type: Central, Forced Air, ENERGY STAR Qualified Equipment
  • Laundry Features: Gas Dryer Hookup, Outside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 25.00
  • Water Source: Public
  • Cooling: Central Air, Energy Star Qualified Equipment, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Garden, Lawn, Level, Sprinklers None, Yard
  • Lot Size Sq Ft: 5794.00
  • Lot Size Acres: 0.1330

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 125.00
  • Gross Income: 8150.00
  • Gross Operating Income: 2500.00
  • Gross Scheduled Income: 2850.00
  • Insurance Expense: 175.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 5794.0000 Square Feet
  • Maintenance Percent: 2.00
  • Net Operating Income: 8150.00
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 1
  • Operating Expense: 300.00
  • Operating Expense Percent: 2.00
  • Other Expense: 300.00
  • Rent Control: Yes
  • Total Actual Rent: 4800.00
  • Total Expenses: 300.00
  • Vacancy Allowance Rate: 2.00

Tax Info

  • Tax Block: I
  • Tax Census Tract: 2190.20
  • Tax Lot: 15
  • Tax Tract: 219020
  • Tax Tract Number: 219020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2012
Sold by
Hernandez Erlis Ricardo and Hernandez Ana Gladis
Bought by
Hernandez Erlis Ricardo and Hernandez Ana Gladis
Current Estimated Value
$962,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,902
Outstanding Balance
$144,747
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$817,604

Purchase Details

Closed on
Jan 14, 2000
Sold by
Bracey Heyward and Bracey Gladys
Bought by
Hernandez Ricardo and Hernandez Gladis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,528
Interest Rate
8.26%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hernandez Erlis Ricardo -- Equity Title Orange County-I
Hernandez Ricardo $180,000 California Counties Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Erlis Ricardo $208,902
Previous Owner Hernandez Ricardo $178,528
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2021 02/28/21 For Sale $749,900 +2.7% $500 / Sq Ft
02/09/2021 02/09/21 Sold $730,000 0.0% $487 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
11/28/2020 11/28/20 Off Market $730,000 -- --
11/21/2020 11/21/20 For Sale $749,900 -- $500 / 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 $9,551 $780,877 $534,848 $246,029
2024 $9,405 $765,566 $524,361 $241,205
2023 $9,227 $750,556 $514,080 $236,476
2022 $8,884 $735,840 $504,000 $231,840
2021 $3,382 $269,769 $177,482 $92,287
2020 $3,412 $267,004 $175,663 $91,341
2019 $3,283 $261,769 $172,219 $89,550
2018 $3,201 $256,638 $168,843 $87,795
2016 $3,050 $246,675 $162,288 $84,387
2015 $3,006 $242,971 $159,851 $83,120
2014 $3,029 $238,212 $156,720 $81,492
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20243818

California Regional Multiple Listing Service (CRMLS)

APN: 5044-017-015