NOT LISTED FOR SALE

Estimated Value: $636,000 - $753,000

6 Beds
6 Baths
3,127 Sq Ft
$225/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $517,000 $165 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,675/month

8 Days on Market

Highlights

  • Gated Parking
  • City Lights View
  • Traditional Architecture
  • Gated Community
  • Property is near public transit
  • High Ceiling

About This Home

As of October 2020

Great Opportunity Triplex with 6 bedrooms and 6 bathrooms. Live in one and rent out the rest. Front Unit has two bedrooms, 2 bathrooms, a chimney in the living room, and an extra room, and ceiling fan lights in all rooms as well as A/C. The back units contains 2 bedrooms and two bathrooms with ceiling fan lights in all rooms. Driveway and Back yard are paved with 6 parking spaces on first floor and the two units on the second floor (above the parking spaces). There is a laundry room between the parking spaces and a room for the 3 water and heaters. All units have granite counter tops in the kitchen. All three units' Kitchens are only two years old. Front unit has laminated floor in all rooms, except for kitchen and bath that have tile. Property is centrally located and close to freeway, schools, shopping centers, and super markets. Very attractive rentable units. Don't miss this great opportunity. It won't last long!!

Last Agent to Sell the Property

Jose Ortiz

Lovett & Associates, REALTORS License #01773075 Listed on: 07/06/2020

Last Buyer's Agent

Janice Harrison

American Home Loans & Realty.c License #01060236

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,836

Year Built

  • Built in 1935

Lot Details

  • 7,867 Sq Ft Lot
  • Two or More Common Walls
  • Privacy Fence
  • Block Wall Fence
  • Stucco Fence
  • Fence is in fair condition
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Back and Front Yard

Parking

  • 6 Car Direct Access Garage
  • Parking Available
  • Shared Driveway
  • Gated Parking
  • Parking Lot
  • Assigned Parking

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Traditional Architecture
  • Property Attached
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Fire Rated Drywall
  • Interior Block Wall
  • Shingle Roof
  • Composition Roof
  • Plaster
  • Stucco

Interior Spaces

  • 3,127 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Raised Hearth
  • Fireplace Features Masonry
  • Double Pane Windows
  • Blinds
  • Double Door Entry
  • Sliding Doors
  • Living Room with Fireplace
  • Home Office

Kitchen

  • Gas Range
  • Granite Countertops
  • Disposal
  • Instant Hot Water

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Upper Level Bedrooms
  • Mirrored Closets Doors
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Satellite Dish
  • Cable TV Available
  • TV Antenna

Additional Features

  • Accessible Parking
  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 105
  • Tax Tract Number 14561
  • Assessor Parcel Number 3008014020

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Valley

Recreation

  • Park
  • Bike Trail

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,850
  • Trash Expense $360
  • Water Sewer Expense $660
  • New Taxes Expense $6,438
  • Operating Expense $9,308
  • Gross Income $50,160
  • Net Operating Income $40,852

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,836

Year Built

Built in 1935

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • CapRate: 7.93
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 660.00
  • Zoning: PDR3*
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 3008014020
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Block Walls, Ceiling Fan(s), Granite Counters, High Ceilings
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Door Features: Double Door Entry, Mirror Closet Door(s), Sliding Doors
  • Fireplace Features: Living Room, Wood Burning, Masonry, Raised Hearth
  • Levels: One, Two
  • Price Per Square Foot: 165.33
  • Room Type: All Bedrooms Down, All Bedrooms Up, Entry, Kitchen, Laundry, Living Room, Master Bathroom, Office
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Exterior Features: Satellite Dish, TV Antenna
  • View: City Lights, Neighborhood
  • Fence: Yes
  • Fencing: Block, Fair Condition, Privacy, Stucco Wall
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Plaster, Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned, Direct Garage Access, Driveway, Concrete, Gated, Parking Space, Private, Shared Driveway
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range, Gas Water Heater, Instant Hot Water, Refrigerator, Water Heater
  • Electric: Electricity - On Property, Standard
  • Heating Type: Central, Wall Furnace, Natural Gas
  • Laundry Features: Individual Room, Outside
  • Sewer: Public Sewer
  • Trash Expense: 360.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s), Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Park, Sidewalks, Street Lights, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level with Street, Lot 6500-9999, Rectangular Lot, Near Public Transit, Paved
  • Lot Size Sq Ft: 7867.00
  • Lot Size Acres: 0.1806

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Multiplier: 9.75
  • Gross Operating Income: 50160.00
  • Gross Scheduled Income: 52800.00
  • Insurance Expense: 1850.00
  • Lot Size Area: 7867.0000 Square Feet
  • Net Operating Income: 40852.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number Wall A C: 2
  • Number With Carpet: 2
  • Number With Disposal: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 9308.00
  • Rent Control: Yes
  • Total Expenses: 9308.00
  • Vacancy Allowance: 2640
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 6438.00
  • Tax Census Tract: 9104.02
  • Tax Lot: 105
  • Tax Tract Number: 14561
  • Tax Annual Amount: 5836.00
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2020
Sold by
Galindo Juan M
Bought by
Sample Nakita R
Total Days on Market
8
Current Estimated Value
$704,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,635
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 27, 2015
Closed on
Mar 8, 2016
Sold by
Mendoza Jaime P
Bought by
Galindo Juan M
Seller's Agent
ARNOLDO LINARES
ARNOLDO LINARES, BROKER
Buyer's Agent
ALMA VILLALPANDO
CENTRAL FINANCIAL & REALTY
List Price
$311,000
Sold Price
$315,500
Premium/Discount to List
$4,500
1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%
Original Mortgage
$310,766
Interest Rate
3.72%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 10, 2009
Sold by
The Bank Of New York
Bought by
Mendoza Jaime P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,033
Interest Rate
4.71%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2008
Sold by
Cullano Nazarito and Casim Erlynn
Bought by
The Bank Of New York and Cwalt Inc Alternative Loan Trust 2006-Oa

Purchase Details

Closed on
Jul 10, 2007
Sold by
Erlynn B Casim Llc
Bought by
Cullano Nazarito

Purchase Details

Closed on
Apr 15, 2006
Sold by
Cullano Nazarito and Casim Erlynn
Bought by
Erlyn B Casim Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2006
Sold by
Casim Erlynn and Cullano Nazarito
Bought by
Cullano Nazarito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2004
Sold by
Delia Joseph E and Delia Dorothy
Bought by
Casim Erlynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,900
Interest Rate
8.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Sample Nakita R $517,000 Westminster Title
Galindo Juan M $316,500 Provident Title Company
Mendoza Jaime P $219,000 Chicago Title Company
The Bank Of New York $337,875 Landsafe Title
Cullano Nazarito -- Accommodation
Erlyn B Casim Llc -- None Available
Cullano Nazarito -- Diversified Title
Casim Erlynn $301,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sample Nakita R $507,635
Previous Owner Galindo Juan M $310,766
Previous Owner Mendoza Jaime P $209,096
Previous Owner Mendoza Jaime P $215,033
Previous Owner Cullano Nazarito $375,000
Previous Owner Casim Erlynn $270,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $517,000 +0.4% $165 / Sq Ft
10/01/2020 10/01/20 For Sale $515,000 0.0% $165 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $515,000 +63.2% $165 / Sq Ft
03/23/2016 03/23/16 Sold $315,500 +1.4% $101 / Sq Ft
01/28/2016 01/28/16 Pending -- -- --
07/27/2015 07/27/15 For Sale $311,000 -- $99 / 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
2024 $8,603 $548,643 $84,896 $463,747
2023 $8,526 $537,886 $83,232 $454,654
2022 $8,202 $527,340 $81,600 $445,740
2021 $8,043 $517,000 $80,000 $437,000
2019 $5,836 $334,809 $43,509 $291,300
2018 $5,755 $328,245 $42,656 $285,589
2016 $4,469 $238,228 $47,644 $190,584
2015 $4,430 $234,651 $46,929 $187,722
2014 $4,390 $230,055 $46,010 $184,045
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20132188

California Regional Multiple Listing Service (CRMLS)

APN: 3008-014-020