NOT LISTED FOR SALE

Estimated Value: $1,095,000 - $1,670,462

4 Beds
4 Baths
2,533 Sq Ft
$574/Sq Ft Est. Value

Last Sold December 23, 2016

Last sale price $890,000 $351 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $8,683/month

23 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Laundry Room
  • Los Cerritos Elementary School Rated A
  • No HOA
  • Wood Fence

About This Home

As of December 2016

Fantastic opportunity to buy a legal Duplex just minutes from the Prestigious Virginia Country Club! This property is perfect for an owner occupant that wants to live in one unit and rent the other for rental income, or for an investor who wants a low maintenance beautiful income property with good cash flow. The property offers two large units – front unit is a 2 bedroom 2 bath with den w/ fireplace (can be a 3rd bedroom), rear unit is a spacious 2 bed 2 bath unit with large bedrooms. Both units have new 8” wide Chase Wood (a high end laminate) floors and baseboards throughout and new interior paint. Front unit has granite counter tops in kitchen and master bath, upgraded light and plumbing fixtures, laundry room, direct access 3-car garage. There is a private courtyard between the two units, as well as a nice sized back yard great for entertaining. Super cute rear unit is light and bright, with ample proportions. Fireplace in living room, kitchen with a bar and dining area.


The neighborhood has great, award winning schools within walking distance, and all conveniences you could think of, nearby! Freeway access close too!

Last Agent to Sell the Property

Sean Na

Keller Williams Pacific Estate License #01730195 Listed on: 10/12/2016

Co-Listed By

Jerry Macias

Vida Real Estate License #01967886

Last Buyer's Agent

Andrew Munoz

Keller Williams Pacific Estate License #01989243

Keller Williams Pacific Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 6,881 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence

Parking

  • 3 Car Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,533 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Den with Fireplace
  • Laundry Room

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Suburban Location
  • Radiant Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 7141010048

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1
  • Fuel Expense $1
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • New Taxes Expense $1
  • Operating Expense $6
  • Gross Income $1
  • Net Operating Income $4,499

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Virginia Country Club (VCC)
  • Water Sewer Expenses: 1.00
  • Zoning: LBR1N
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7141010048
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Wood
  • Fireplace Features: Den, Living Room
  • Levels: Two
  • Price Per Square Foot: 351.36

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Radiant
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6881.00

Multi Family

  • Electric Expense: 1.00
  • Fuel Expense: 1.00
  • Gross Income: 1.00
  • Gross Scheduled Income: 4500.00
  • Insurance Expense: 1.00
  • Net Operating Income: 4499.00
  • 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: 1.00
  • Rent Control: No
  • Total Expenses: 6.00

Tax Info

  • New Taxes Expense: 1.00
  • Tax Census Tract: 5720.02
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2016
Closed on
Dec 9, 2016
Sold by
Edone Nancianne Catherine
Bought by
Turner Heidi and Ball David
Seller's Agent
Sean Na
Keller Williams Pacific Estate
Buyer's Agent
Andrew Munoz
Keller Williams Pacific Estate
List Price
$899,900
Sold Price
$890,000
Premium/Discount to List
-$9,900
-1.1%
Current Estimated Value
$1,454,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$564,116
Avg. Annual Appreciation
5.59%
Original Mortgage
$667,425
Outstanding Balance
$539,764
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$914,352

Purchase Details

Closed on
Oct 16, 2015
Sold by
Edone Nancianne Catherine
Bought by
Edone Nancianne Catherine

Purchase Details

Closed on
Mar 30, 2011
Sold by
Edone Joseph C and Joseph Charles Edone Trust
Bought by
Edone Joseph C and Edone Nancianne Catherine

Purchase Details

Closed on
Aug 27, 1993
Sold by
Edone Joseph C
Bought by
Edone Joseph C and Joseph Charles Edone Trust
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
Turner Heidi $890,000 First American Title
Edone Nancianne Catherine -- None Available
Edone Joseph C -- None Available
Edone Joseph C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner Heidi $667,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2016 12/23/16 Sold $890,000 -1.1% $351 / Sq Ft
11/04/2016 11/04/16 Pending -- -- --
10/12/2016 10/12/16 For Sale $899,900 -- $355 / 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 $13,047 $1,032,798 $626,597 $406,201
2024 $13,047 $1,012,548 $614,311 $398,237
2023 $12,830 $992,695 $602,266 $390,429
2022 $12,041 $973,231 $590,457 $382,774
2021 $11,803 $954,149 $578,880 $375,269
2019 $11,633 $925,851 $561,711 $364,140
2018 $11,273 $907,698 $550,698 $357,000
2016 $8,689 $720,827 $436,557 $284,270
2015 $5,285 $438,593 $178,681 $259,912
2014 $5,254 $430,002 $175,181 $254,821
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS16723746

California Regional Multiple Listing Service (CRMLS)

APN: 7141-010-048