NOT LISTED FOR SALE

Estimated Value: $568,000 - $1,058,000

5 Beds
3 Baths
2,000 Sq Ft
$411/Sq Ft Est. Value

Last Sold November 17, 2020

Last sale price $430,000 $215 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $5,030/month

31 Days on Market

Highlights

  • 0.88 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • Chain Link Fence
  • No HOA
  • Laundry Room
  • Wall Furnace

About This Home

As of November 2020

Investor Special! Fantastic income potential. 3 Units on nearly an acre of flat land. Located close to the freeway, shopping and transportation. One building is a duplex that has been updated over the past year, each unit with 2 Bedrooms and 1 Bath. New interior and exterior paint, new laminate wood flooring, fixtures and baseboards. The single unit needs some work. Buyer to complete their own due diligence in regards to all aspects of the property, including income, expenses and potential rents. Do not disturb occupants or walk on property. Not for lease.

Last Agent to Sell the Property

Amanda Zito

The Real Brokerage, Inc. License #01740063 Listed on: 08/18/2020

The Real Brokerage, Inc.

Last Buyer's Agent

Leticia Arteaga

RE/MAX TIME REALTY License #01171884

RE/MAX TIME REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 0.88 Acre Lot
  • 1 Common Wall
  • Rural Setting
  • Chain Link Fence

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • Parking Available
  • Gravel Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 170070020

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,650
  • Trash Expense $1,700
  • Water Sewer Expense $1,850
  • New Taxes Expense $4,300
  • Operating Expense $9,500
  • Net Operating Income $30,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0.88 Acres

Listing Details

  • Assessments: Yes
  • Inclusions: Stoves
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 1850.00
  • Zoning: R-3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 170070020
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 215.00
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: Gravel

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1700.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 38333.00
  • Lot Size Acres: 0.8800

Multi Family

  • Gross Scheduled Income: 39600.00
  • Insurance Expense: 1650.00
  • Lot Size Area: 38333.0000 Square Feet
  • Net Operating Income: 30100.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 9500.00
  • Rent Control: No
  • Total Expenses: 9500.00

Tax Info

  • New Taxes Expense: 4300.00
  • Tax Census Tract: 405.02
  • Tax Lot: 31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Sep 23, 2020
Sold by
Clark Bruce A
Bought by
Banderas Karla
Seller's Agent
Amanda Zito
The Real Brokerage, Inc.
Buyer's Agent
Leticia Arteaga
RE/MAX TIME REALTY
List Price
$350,000
Sold Price
$430,000
Premium/Discount to List
$80,000
22.86%
Current Estimated Value
$822,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$392,333
Avg. Annual Appreciation
13.07%

Purchase Details

Closed on
Aug 24, 2010
Sold by
Clark Bruce A
Bought by
Clark Bruce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
2.25%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Sep 10, 2009
Sold by
Black Jeanne T
Bought by
Clark Bruce A

Purchase Details

Closed on
May 6, 2009
Sold by
Four Five Eight Capital Llc
Bought by
Black Jeanne T

Purchase Details

Closed on
Mar 4, 2009
Sold by
Us Bank National Association
Bought by
Four Five Eight Capital Llc

Purchase Details

Closed on
Aug 27, 2008
Sold by
Albizures Daniel
Bought by
U S Bank Na

Purchase Details

Closed on
Feb 21, 2006
Sold by
Albizures Daniel and Albizures Wanda
Bought by
Albizures Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2005
Sold by
Albizures Daniel
Bought by
Albizures Daniel and Albizures Wanda

Purchase Details

Closed on
Feb 16, 2005
Sold by
Albizures Wanda I
Bought by
Albizures Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,600
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 13, 2005
Sold by
Red House Properties
Bought by
Albizures Daniel S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,600
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 29, 2004
Sold by
Rpm Properties
Bought by
Red House Properties

Purchase Details

Closed on
Apr 28, 2004
Sold by
The 3818 Hunter Street Trust
Bought by
Rpm Properties

Purchase Details

Closed on
Oct 17, 2003
Sold by
Hayes June D
Bought by
The 3818 Hunter Street Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,637
Interest Rate
5.98%
Mortgage Type
Seller Take Back
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
Banderas Karla $430,000 Lawyers Title Insurance Co
Clark Bruce A -- Lawyers Title
Clark Bruce A -- None Available
Black Jeanne T -- None Available
Four Five Eight Capital Llc $138,500 North American Title
U S Bank Na $394,867 Accommodation
Albizures Daniel -- Southland Title Corporation
Albizures Daniel $685,827 --
Albizures Daniel -- Commonwealth Title
Albizures Daniel S -- Commonwealth Title
Red House Properties -- --
Rpm Properties -- --
The 3818 Hunter Street Trust $120,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clark Bruce A $240,000
Previous Owner Albizures Daniel $465,000
Previous Owner Albizures Daniel S $327,600
Previous Owner The 3818 Hunter Street Trust $63,637
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2020 11/17/20 Sold $430,000 0.0% $215 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
09/10/2020 09/10/20 Off Market $430,000 -- --
09/10/2020 09/10/20 For Sale $350,000 -18.6% $175 / Sq Ft
08/22/2020 08/22/20 Off Market $430,000 -- --
08/18/2020 08/18/20 For Sale $350,000 -- $175 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,532 $897,209 $81,181 $816,028
2023 $9,532 $447,372 $78,030 $369,342
2022 $4,881 $438,600 $76,500 $362,100
2021 $4,840 $430,000 $75,000 $355,000
2020 $1,855 $163,070 $82,419 $80,651
2019 $1,819 $159,873 $80,803 $79,070
2018 $1,761 $156,739 $79,219 $77,520
2017 $1,743 $153,666 $77,666 $76,000
2016 $1,720 $150,654 $76,144 $74,510
2015 $1,697 $148,393 $75,001 $73,392
2014 $1,581 $145,488 $73,533 $71,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20153387

California Regional Multiple Listing Service (CRMLS)

APN: 170-070-020

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