NOT LISTED FOR SALE

Estimated Value: $1,095,279 - $1,179,000

4 Beds
2 Baths
1,970 Sq Ft
$572/Sq Ft Est. Value

Last Sold December 31, 2015

Last sale price $530,000 $269 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $6,604/month

10 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Tile Countertops
  • Longfellow Elementary School Rated A-
  • Lawn
  • Living Room

About This Home

As of December 2015

Mid Century duplex. In desirable Cal Heights. Historic District mandates the front of the properties be maintained in harmony w/ original designs. This area was designated "The Best in the West" by Sunset Magazine. Cal Heights Assoc. won 1st Place in the "Physical Revitalization Beautification-Single Neighborhood Category as well as the grand prize for the Top Winner in all categories from the Neighborhood USA Convention 2012. Residents take pride in the area's custom architectural designs and variety. Both units are 2 bedrooms each, with large LR, DR, & Utility Rm. The owner's unit in back and has been refurbished to preserve its original beauty and style with newly refinished hardwood floors throughout. Kitchen, 1/2 bath and utility room all have new linoleum floors of the period. Kitchen cabinetry is in great shape. Stackable washer/dryer is included. Original crank widows are still functioning. Bedrooms are all surprisingly large and have the original closets, with drawers and doors. Front unit has a similar floorplan. Long term tenants with a dog wish to remain. Owner retains use of 1 garage. Second single garage is rented to tenant next door. New roll up garage doors. Exterior needs TLC. "AS IS,WHERE IS." Offer is STI of front unit.

Last Agent to Sell the Property

Silvana Raiola

Landmark Realtors License #00411102 Listed on: 08/05/2015

Last Buyer's Agent

Silvana Raiola

Landmark Realtors License #00411102 Listed on: 08/05/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,122

Year Built

  • Built in 1953

Lot Details

  • 6,299 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Lawn
  • Front Yard

Parking

  • 3 Car Garage

Home Design

  • Property Attached
  • Raised Foundation
  • Stucco

Interior Spaces

  • 1,970 Sq Ft Home
  • Living Room
  • Utility Room

Kitchen

  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Exterior Lighting

Utilities

  • Floor Furnace
  • Gas Water Heater
  • Sewer on Bond

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 36
  • Tax Tract Number 5630
  • Assessor Parcel Number 7146018024

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • Cal Heights Association

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,100
  • Water Sewer Expense $110
  • New Taxes Expense $5,775
  • Gross Income $3,575
  • Net Operating Income $35,805

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,122

Year Built

Built in 1953

Lot Details

0

Parking

3

Listing Details

  • Inclusions: Newer Stackable washer/dryer in back unit stay
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Subdivision Name Other: California Heights (CH)
  • Water Sewer Expenses: 110.00
  • Property Type: Residential Income
  • Parcel Number: 7146018024
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Tile Counters
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 269.04
  • Room Type: All Bedrooms Down, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Utility Room

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Water Heater
  • Heating Type: Floor Furnace
  • Laundry Features: Inside, Individual Room, Stackable, Washer Hookup
  • Sewer: Sewer On Bond
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Name: Cal Heights
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Front Yard, Lawn
  • Lot Size Sq Ft: 6299.00
  • Price Per Lot Square Foot: 84.14
  • Lot Size Acres: 0.1450

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 3575.00
  • Gross Multiplier: 12.23
  • Gross Scheduled Income: 42900.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 6299.0000 Square Feet
  • Net Operating Income: 35805.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Operating Expense: 7095.00
  • Rent Control: No
  • Total Actual Rent: 59340.00

Tax Info

  • New Taxes Expense: 5775.00
  • Tax Lot: 36
  • Tax Tract Number: 5630

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2024
Sold by
Horn Vich N and Horn Leang H
Bought by
Leang Heak And Vich Horn Family Trust and Horn
Current Estimated Value
$1,126,820

Purchase Details

Closed on
Mar 15, 2024
Sold by
Horn Vich N and Horn Leang H
Bought by
Leang Heak And Vich Horn Family Trust and Horn

Purchase Details

Listed on
Aug 5, 2015
Closed on
Dec 16, 2015
Sold by
Ford Pamela J
Bought by
Horn Vich N and Horn Leang H
Seller's Agent
Silvana Raiola
Landmark Realtors
Buyer's Agent
Silvana Raiola
Landmark Realtors
List Price
$524,900
Sold Price
$530,000
Premium/Discount to List
$5,100
0.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
Original Mortgage
$350,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2002
Sold by
Ford Ted M and Ford Margie A
Bought by
Ford Ted M
Source: Public Records

Range of Values:

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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
Leang Heak And Vich Horn Family Trust -- None Listed On Document
Leang Heak And Vich Horn Family Trust -- None Listed On Document
Horn Vich N $530,000 First American Title Company
Ford Ted M -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Horn Vich N $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2015 12/31/15 Sold $530,000 +1.0% $269 / Sq Ft
08/06/2015 08/06/15 Pending -- -- --
07/27/2015 07/27/15 For Sale $524,900 -- $266 / 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 $8,122 $627,404 $438,000 $189,404
2024 $8,122 $615,103 $429,412 $185,691
2023 $7,986 $603,043 $420,993 $182,050
2022 $7,500 $591,220 $412,739 $178,481
2021 $7,348 $579,629 $404,647 $174,982
2019 $7,244 $562,439 $392,646 $169,793
2018 $7,022 $551,412 $384,948 $166,464
2016 $6,456 $530,000 $370,000 $160,000
2015 $1,326 $96,027 $37,818 $58,209
2014 $1,329 $94,147 $37,078 $57,069
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15169525

California Regional Multiple Listing Service (CRMLS)

APN: 7146-018-024