NOT LISTED FOR SALE

Estimated Value: $1,544,000 - $2,026,000

7 Beds
4 Baths
4,573 Sq Ft
$403/Sq Ft Est. Value

Last Sold March 20, 2013

Last sale price $810,000 $177 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $11,227/month

92 Days on Market

Highlights

  • 0.48 Acre Lot
  • Granite Countertops
  • Central Heating
  • Traditional Architecture

About This Home

As of March 2013

GREAT INVESTMENT OPPORTUNITY! This is a highly desirable, easily rented, beautiful investment property on a large 20k+ lot. Live in the front and rent the back two units. Front house 4bed/2.5ba, custom cabinets w granite counter tops, tile floor, carpet, recessed lighting, crown molding, new windows, 2 fireplaces, Central a/c in front house only. All 3 units have separate utility meters! Back 2 units 2bed/1ba. Laundry hook-ups in the kitchen, double attached garages along with individual fenced backyards! Property has stamped concrete driveway with access gate and a large yard behind the property. Centrally located to LA and OC, fwy access. ZONED R3!!! CAP RATE 6%

Last Agent to Sell the Property

April Cornell

Elevate Real Estate Agency License #01917134 Listed on: 11/06/2012

Elevate Real Estate Agency

Last Buyer's Agent

April Cornell

Elevate Real Estate Agency License #01917134 Listed on: 11/06/2012

Elevate Real Estate Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,194

Year Built

  • Built in 1954

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 70x300

Parking

  • 10 Parking Spaces

Home Design

  • Traditional Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,573 Sq Ft Home
  • Fireplace Features Masonry
  • Granite Countertops

Utilities

  • Central Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Legal Lot and Block 1 / D
  • Tax Tract Number 4333
  • Assessor Parcel Number 8549033011

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $4,000
  • Insurance Expense $1,686
  • Trash Expense $280
  • Water Sewer Expense $1,920
  • New Taxes Expense $8,417

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,194

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Water Sewer Expenses: 1920.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 8549033011
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Appliances: No
  • Fireplace Features: Masonry
  • Levels: One
  • Price Per Square Foot: 177.13

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Trash Expense: 280.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 70x300
  • Lot Size Sq Ft: 20869.00
  • Lot Size Acres: 0.4790

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Electric Expense: 4000.00
  • Gross Multiplier: 13.89
  • Gross Scheduled Income: 57600.00
  • Insurance Expense: 1686.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Number With Carpet: 3

Tax Info

  • New Taxes Expense: 8417.00
  • Tax Area: 6549
  • Tax Block: D
  • Tax Lot: 1
  • Tax Tract Number: 4333

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2023
Sold by
Thai Angie
Bought by
Angie Thai Revocable Living Trust and Thai
Current Estimated Value
$1,843,359

Purchase Details

Listed on
Nov 6, 2012
Closed on
Feb 7, 2013
Sold by
Guerrero Susie
Bought by
Thai Angie
Seller's Agent
April Cornell
Elevate Real Estate Agency
Buyer's Agent
April Cornell
Elevate Real Estate Agency
List Price
$950,000
Sold Price
$810,000
Premium/Discount to List
-$140,000
-14.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%
Original Mortgage
$500,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2007
Sold by
Guerrero Ernie
Bought by
Guerrero Susie

Purchase Details

Closed on
Mar 20, 2006
Sold by
Guerrero Ernie
Bought by
Guerrero Susie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2002
Sold by
Flores Patricio and Flores Martha E
Bought by
Guerrero Ernie and Guerrero Susie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 1998
Sold by
Flores Patricio
Bought by
Flores Patricio and Flores Martha E

Purchase Details

Closed on
Aug 29, 1995
Sold by
Flores Patricio and Flores Martha E
Bought by
Flores Patricio and Flores Martha E
Source: Public Records

Range of Values:

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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
Angie Thai Revocable Living Trust -- None Listed On Document
Thai Angie $810,000 Title365
Guerrero Susie -- None Available
Guerrero Susie -- Chicago Title
Guerrero Ernie $365,000 American Title Co
Flores Patricio -- --
Flores Patricia -- --
Flores Patricio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thai Angie $717,000
Previous Owner Thai Angie $747,500
Previous Owner Thai Angie $500,000
Previous Owner Guerrero Susie $200,000
Previous Owner Guerrero Ernie $343,250
Previous Owner Guerrero Ernie $328,500
Previous Owner Flores Patricio $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2013 03/20/13 Sold $810,000 -14.7% $177 / Sq Ft
02/06/2013 02/06/13 Pending -- -- --
11/06/2012 11/06/12 For Sale $950,000 -- $208 / 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 $14,194 $997,446 $775,795 $221,651
2024 $14,194 $977,889 $760,584 $217,305
2023 $13,857 $958,716 $745,671 $213,045
2022 $13,334 $939,918 $731,050 $208,868
2021 $13,650 $921,489 $716,716 $204,773
2020 $13,247 $912,041 $709,367 $202,674
2019 $13,234 $894,158 $695,458 $198,700
2018 $12,547 $876,626 $681,822 $194,804
2016 $11,544 $842,588 $655,347 $187,241
2015 $11,423 $829,933 $645,504 $184,429
2014 $11,187 $813,677 $632,860 $180,817
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P840404

California Regional Multiple Listing Service (CRMLS)

APN: 8549-033-011