
Seller's Agent in 2023
Rob Schultz
Pacific Realty of California
(310) 869-6605
3 in this area
13 Total Sales
Estimated Value: $750,000 - $965,000
CAP RATE 13. $$$$$$$. Introducing an extraordinary investment opportunity that promises exceptional financial returns! This rare multiunit property is currently generating a remarkable monthly income of $9,700, making it a highly lucrative prospect for savvy investors. Tenants are responsible for their own utility expenses. This unique advantage maximizes profitability and minimizes costs for the owner. The property has undergone a comprehensive remodeling and updating process, ensuring that it boasts modern amenities and stylish finishes throughout. With a total of 9 bedrooms and 4 baths, this expansive residence provides ample living space for tenants and offers excellent rental potential. Situated on a spacious lot, the property also offers abundant parking, ensuring convenience for residents and visitors alike. Don't miss this golden opportunity to secure a multiunit property with an impressive income potential. Take advantage of the substantial cash flow and secure your financial future with this exceptional investment. Contact us now to explore this lucrative venture further!
Last Agent to Sell the Property
Pacific Realty of California License #01218743 Listed on: 07/15/2023
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Chea Nimol | $851,000 | Provident Title Company | |
Leigh Capital Inc | $520,000 | Old Republic Title |
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Chea Nimol | $607,500 | |
Previous Owner | Leigh Capital Inc | $416,000 |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/02/2023 09/02/23 | Sold | $851,000 | +9.2% | $425 / Sq Ft |
07/20/2023 07/20/23 | Pending | -- | -- | -- |
07/15/2023 07/15/23 | For Sale | $779,000 | +49.8% | $389 / Sq Ft |
11/22/2022 11/22/22 | Sold | $520,000 | -7.1% | $293 / Sq Ft |
08/02/2022 08/02/22 | Pending | -- | -- | -- |
07/20/2022 07/20/22 | For Sale | $560,000 | -- | $316 / Sq Ft |
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 | $11,898 | $868,020 | $510,000 | $358,020 |
2024 | $11,898 | $851,000 | $500,000 | $351,000 |
2023 | $7,844 | $520,000 | $400,000 | $120,000 |
2022 | $1,501 | $32,041 | $15,445 | $16,596 |
2021 | $1,476 | $31,414 | $15,143 | $16,271 |
2019 | $1,453 | $30,485 | $14,695 | $15,790 |
2018 | $1,354 | $29,888 | $14,407 | $15,481 |
2016 | $1,294 | $28,730 | $13,849 | $14,881 |
2015 | $1,282 | $28,299 | $13,641 | $14,658 |
2014 | $1,291 | $27,745 | $13,374 | $14,371 |
Seller's Agent in 2023
Rob Schultz
Pacific Realty of California
(310) 869-6605
3 in this area
13 Total Sales
Seller's Agent in 2022
Charles Wright
Matthews Real Estate Investment Services
(866) 889-0550
2 in this area
21 Total Sales
Source: The MLS
MLS Number: 23-291001
APN: 5233-006-009