NOT LISTED FOR SALE

Estimated Value: $698,000 - $851,000

4 Beds
2 Baths
1,179 Sq Ft
$637/Sq Ft Est. Value

Last Sold November 01, 2017

Last sale price $410,000 $348 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,469/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Wall Furnace
  • Living Room
  • 3 Car Garage

About This Home

As of November 2017

Original Charmer! This duplex is the right price and a perfect income property with two units that are both 2 bedrooms and 1 bath. This duplex could easily be converted to a single family home, kept as is, or renovated to increase cash floor on both units. This lot is a nice size at 6,000 sqft (40x150 lot), has a nice size gated front yard, long drive way, paved back yard area(being used for parking) and two garages. The possibilities are endless, call for a private showing today.

Last Agent to Sell the Property

Ed Kaminsky

eXp Realty of California, Inc License #00958114 Listed on: 06/22/2016

eXp Realty of California, Inc

Last Buyer's Agent

Joe LaCroix

Keller Williams Beverly Hills License #01248586

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 6,020 Sq Ft Lot
  • No Common Walls

Parking

  • 3 Car Garage
  • 4 Open Parking Spaces
  • Parking Available

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,179 Sq Ft Home
  • Living Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 609
  • Tax Tract Number 1631
  • Assessor Parcel Number 4033002010

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $840
  • Fuel Expense $480
  • Insurance Expense $1,800
  • Trash Expense $240
  • Water Sewer Expense $1,200
  • New Taxes Expense $8,573
  • Operating Expense $13,133
  • Gross Income $1,900
  • Net Operating Income $9,667

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 1200.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 4033002010
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Levels: One
  • Price Per Square Foot: 347.75
  • Room Type: Living Room

Exterior Features

  • Exterior Features: Lighting
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Trash Expense: 240.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 6020.00
  • Price Per Lot Square Foot: 74.75

Multi Family

  • Electric Expense: 840.00
  • Fuel Expense: 480.00
  • Gross Income: 1900.00
  • Gross Scheduled Income: 22800.00
  • Insurance Expense: 1800.00
  • Net Operating Income: 9667.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 13133.00
  • Rent Control: No
  • Total Expenses: 13133.00

Tax Info

  • New Taxes Expense: 8573.00
  • Tax Lot: 609
  • Tax Tract Number: 1631

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2016
Closed on
Oct 20, 2017
Sold by
Ordonez Marcela Rosales
Bought by
Gold Michael and Trang Ha Thi Thu
Seller's Agent
Ed Kaminsky
eXp Realty of California, Inc
Buyer's Agent
Joe LaCroix
Keller Williams Beverly Hills
List Price
$450,000
Sold Price
$410,000
Premium/Discount to List
-$40,000
-8.89%
Current Estimated Value
$751,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,504
Avg. Annual Appreciation
7.77%

Purchase Details

Closed on
Apr 12, 2007
Sold by
Paredes Jorge
Bought by
Ordonez Marcela Rosales

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2002
Sold by
Maldonado Elias
Bought by
Navas Maria Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,678
Interest Rate
6.69%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 3, 1999
Sold by
Pena Jesus
Bought by
Maldonado Elias and Maldonado Elisa

Purchase Details

Closed on
May 22, 1997
Sold by
Maldonado Elias
Bought by
Pena Jesus and Pena Ana Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
7.91%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gold Michael $410,000 None Available
Ordonez Marcela Rosales -- North American Title Co
Navas Maria Teresa $215,000 American Title Co
Maldonado Elias -- Fidelity Title
Pena Jesus $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ordonez Marcela Rosales $339,000
Previous Owner Navas Maria Teresa $211,678
Previous Owner Pena Jesus $161,000
Closed Navas Maria Teresa $12,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2017 11/01/17 Sold $410,000 -8.9% $348 / Sq Ft
06/29/2016 06/29/16 Pending -- -- --
06/22/2016 06/22/16 For Sale $450,000 -- $382 / 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 $6,194 $466,505 $318,589 $147,916
2024 $6,194 $457,359 $312,343 $145,016
2023 $6,132 $448,392 $306,219 $142,173
2022 $6,246 $439,601 $300,215 $139,386
2021 $6,188 $430,982 $294,329 $136,653
2019 $5,818 $418,200 $285,600 $132,600
2018 $5,747 $410,000 $280,000 $130,000
2017 $8,833 $600,285 $427,128 $173,157
2016 $8,655 $588,515 $418,753 $169,762
2015 $8,573 $579,676 $412,463 $167,213
2014 $8,551 $568,322 $404,384 $163,938
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16135340

California Regional Multiple Listing Service (CRMLS)

APN: 4033-002-010