Seller's Agent in 2018
Yehia Zakaria
Century 21 Jervis & Associates
(562) 244-3897
1 in this area
37 Total Sales
Estimated Value: $998,390
4
Beds
3
Baths
3,088
Sq Ft
$323/Sq Ft
Est. Value
About This Home
As of December 2018Smells Like Money! All 4 units, single story, fully rented...1 store front + 3 residential units + 3 garages = 1 cash cow! Long term tenants with slightly below market rents. NO RENT CONTROL. FHA APPROVED! Great property for first time buyers looking to live in one rent-rent out the others. Business owners/users may benefit from available business front on Florence Ave with Live/Work opportunity. Hurry, don't let this cow mOOOve past you!
Last Agent to Sell the Property
Century 21 Jervis & Associates License #01943432 Listed on: 07/25/2018
Last Buyer's Agent
Century 21 Jervis & Associates License #01943432 Listed on: 07/25/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 8,501 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 3 Car Garage
Home Design
- 3,088 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Additional Features
- Laundry Room
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Assessor Parcel Number 6225002007
Community Details
Overview
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $15,000
- Gross Income $50,000
- Net Operating Income $35,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 25, 2018
Closed on
Nov 28, 2018
Sold by
Pearson Patrick B and Pearson Claudia Lasiter
Bought by
Lion 26 Holdings Llc
Seller's Agent
Yehia Zakaria
Century 21 Jervis & Associates
Buyer's Agent
Yehia Zakaria
Century 21 Jervis & Associates
List Price
$675,000
Sold Price
$657,500
Premium/Discount to List
-$17,500
-2.59%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,890
Avg. Annual Appreciation
6.11%
Original Mortgage
$275,000
Outstanding Balance
$242,764
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$755,626
Purchase Details
Closed on
May 8, 2009
Sold by
Pearson Tommie F and The Pearson Family Marital Tru
Bought by
Pearson Tommie F and The Pearson Family Trust
Purchase Details
Closed on
Aug 18, 2003
Sold by
Pearson Tommie F and The Pearson Family Trust
Bought by
Pearson Tommie F and The Pearson Family Marital Tru
Purchase Details
Closed on
Sep 5, 2000
Sold by
Pearson Janis A
Bought by
Pearson Harold W and Pearson Tommie F
Purchase Details
Closed on
Sep 30, 1991
Sold by
Pearson Tommie F and Pearson Patrick B
Bought by
Pearson Harold W and Pearson Tommie F
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lion 26 Holdings Llc | $657,500 | None Available | |
| Pearson Tommie F | -- | None Available | |
| Pearson Tommie F | -- | None Available | |
| Pearson Tommie F | -- | -- | |
| Pearson Harold W | -- | First American Title Co | |
| Pearson Harold W | -- | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lion 26 Holdings Llc | $275,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/21/2018 12/21/18 | Sold | $657,500 | -2.6% | $213 / Sq Ft |
| 08/09/2018 08/09/18 | Pending | -- | -- | -- |
| 07/25/2018 07/25/18 | For Sale | $675,000 | -- | $219 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $12,391 | $733,448 | $557,756 | $175,692 |
| 2024 | $12,391 | $719,068 | $546,820 | $172,248 |
| 2023 | $12,174 | $704,970 | $536,099 | $168,871 |
| 2022 | $11,718 | $691,148 | $525,588 | $165,560 |
| 2021 | $11,592 | $677,597 | $515,283 | $162,314 |
| 2019 | $11,252 | $657,500 | $500,000 | $157,500 |
| 2018 | $10,530 | $612,000 | $408,000 | $204,000 |
| 2016 | $2,756 | $86,600 | $25,865 | $60,735 |
| 2015 | $2,711 | $85,300 | $25,477 | $59,823 |
| 2014 | $2,694 | $83,630 | $24,978 | $58,652 |
Source: Public Records
Agents Affiliated with this Home
-
Yehia Zakaria
-
Don Jervis
Seller Co-Listing Agent in 2018
Don Jervis
C-21 Jervis & Associates
(562) 706-6500
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW18179342
APN: 6225-002-007
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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