NOT LISTED FOR SALE

Estimated Value: $579,000 - $759,154

2 Beds
2 Baths
1,100 Sq Ft
$615/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $500,000 $455 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,177/month

56 Days on Market

About This Home

As of August 2021

This property is centrally located, with easy access to major freeways like the 105, 405, and 110. Prime location, located near major attractions, the property is minutes from the SOFI Stadium and The Forum. Great opportunity in an area that is booming in development! This property consists of 1 building (duplex) with each unit consisting of 1 bedroom and 1 bathroom. Current tenants have been in the property for many years and rents are way below market. The property is 100% occupied and will be delivered with tenants in place.

Last Agent to Sell the Property

Paul Fernandez

Nexgen Realtors License #01835505 Listed on: 03/22/2021

Nexgen Realtors

Co-Listed By

LOUIE GOMEZ

TOP PRODUCERS REALTY PARTNERS License #02015392

Last Buyer's Agent

Paul Fernandez

Nexgen Realtors License #01835505 Listed on: 03/22/2021

Nexgen Realtors

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 6,411 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • 1,100 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 2464
  • Assessor Parcel Number 4032018001

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $1,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

6,411 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 4032018001
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 454.55

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6411.00
  • Lot Size Acres: 0.1472

Multi Family

  • Gross Income: 1800.00
  • Lot Size Area: 6411.0000 Square Feet
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 2464

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2021 08/13/21 Sold $500,000 -6.5% $455 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $535,000 -- $486 / 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 $7,396 $530,603 $212,241 $318,362
2024 $6,949 $520,200 $208,080 $312,120
2023 $6,878 $510,000 $204,000 $306,000
2022 $7,009 $500,000 $200,000 $300,000
2021 $993 $38,217 $18,314 $19,903
2020 $967 $38,146 $18,127 $20,019
2019 $954 $37,405 $17,772 $19,633
2018 $878 $36,679 $17,424 $19,255
2016 $828 $34,949 $16,749 $18,200
2015 $818 $34,425 $16,498 $17,927
2014 $829 $33,751 $16,175 $17,576
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21058941

California Regional Multiple Listing Service (CRMLS)

APN: 4032-018-001

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