NOT LISTED FOR SALE

Estimated Value: $1,017,000 - $1,256,000

1 Bed
1 Bath
3,716 Sq Ft
$318/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $1,130,000 $304 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,713/month

91 Days on Market

Highlights

  • Fireplace in Kitchen
  • Neighborhood Views
  • Laundry Room
  • Wood Flooring
  • Cooling Available
  • Landscaped

About This Home

As of September 2023

Beautiful Spanish Style two story Quadraplex built in 1924. This building has an impeccable curb appeal. All 4 units have a fairly similar layout/structure with 2 bedrooms, 1 bathroom, a spacious living room, kitchen and individual laundry room. Each unit is approximately 930 sq.ft. However, tax records show units as 1 bedroom 1 bathroom each. Each unit has hardwood floors, updated bathrooms, unique 1920's architectural design, its own 1 car garage (detached) with storage area, gas and electric meter. This property is located on a large lot in the highly desired neighborhood of Arlington Heights neighboring to Mid City. The property is centrally located near schools, shopping, dining, freeway access...etc. Drive-by and schedule your viewing appointment today!, This property will not last!

Last Agent to Sell the Property

Anthony Arana

Executive Bankers Realty License #01225477 Listed on: 05/22/2023

Last Buyer's Agent

Stuart Santana

RE/MAX 2000 REALTY License #01505452

RE/MAX 2000 REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,155

Year Built

  • Built in 1924

Lot Details

  • 6,592 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Level Lot
  • Flag Lot
  • Front Yard

Parking

  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 3,716 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Neighborhood Views
  • Fireplace in Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Location

  • Suburban Location

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 552
  • Assessor Parcel Number 5060010033

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,155

Year Built

Built in 1924

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 300000
  • Property Attached: Yes
  • View: Yes
  • Zoning: LARD2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5060010033
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: front ground level
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Entry Level: 1
  • Fireplace Features: Kitchen, Living Room
  • Price Per Square Foot: 304.09

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Level with Street, Flag Lot
  • Lot Size Sq Ft: 6592.00
  • Lot Size Acres: 0.1513

Multi Family

  • Average1 Bed Area: 929 Square Feet
  • Lot Size Area: 6592.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2187.01
  • Tax Lot: 27
  • Tax Tract Number: 552

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2023
Closed on
Sep 21, 2023
Sold by
Jimenez John M and Jimenez Eileen V
Bought by
Jimenez John M and Jimenez Eileen V
Seller's Agent
Anthony Arana
Executive Bankers Realty
Buyer's Agent
Stuart Santana
RE/MAX 2000 REALTY
List Price
$1,200,000
Sold Price
$1,130,000
Premium/Discount to List
-$70,000
-5.83%
Views
94
Current Estimated Value
$1,193,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,158
Avg. Annual Appreciation
2.45%
Original Mortgage
$791,000
Outstanding Balance
$774,970
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$407,897

Purchase Details

Listed on
May 22, 2023
Closed on
Aug 27, 2023
Sold by
Vasquez Zoila Esperanza
Bought by
Jimenez John M and Jimenez Eileen V
Seller's Agent
Anthony Arana
Executive Bankers Realty
Buyer's Agent
Stuart Santana
RE/MAX 2000 REALTY
List Price
$1,200,000
Sold Price
$1,130,000
Premium/Discount to List
-$70,000
-5.83%
Views
94

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$791,000
Outstanding Balance
$774,970
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$407,897

Purchase Details

Closed on
Dec 19, 2019
Sold by
Martinez Miguel and Martinez Zolla
Bought by
Martinez Zolla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,600
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2008
Sold by
Hsbc Bank Usa Na
Bought by
Martinez Miguel and Martinez Zoila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2007
Sold by
Mencel Robert L
Bought by
Hsbc Bank Usa Na and Sg Mortgage Securities Trust 2006-Fre1

Purchase Details

Closed on
Aug 27, 2002
Sold by
Park Hyun
Bought by
Mencel Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
6.22%

Purchase Details

Closed on
Mar 22, 2001
Sold by
Yoon Duck Sil and Yoon Young Sun
Bought by
Park Hyun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,100
Interest Rate
8.49%

Purchase Details

Closed on
Mar 2, 1999
Sold by
Driben Sharon H
Bought by
Yoon Duck Sil and Yoon Young Sun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000
Interest Rate
6.73%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 17, 1998
Sold by
Ocwen Federal Bank Fsb
Bought by
Driben Sharon H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
9.75%

Purchase Details

Closed on
Feb 20, 1998
Sold by
Evans Edward and Evans Donelda R
Bought by
Ocwen Federal Bank Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
9.75%
Source: Public Records

Range of Values:

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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
Jimenez John M -- None Listed On Document
Jimenez John M $1,130,000 Wfg National Title
Martinez Zolla -- Amrock Inc
Martinez Miguel $520,000 First American Title Ins Co
Hsbc Bank Usa Na $651,071 None Available
Mencel Robert L $350,000 Chicago Title Co
Park Hyun $279,000 Gateway Title Company
Yoon Duck Sil $220,000 Stewart Title Company
Driben Sharon H $155,000 Chicago Title
Ocwen Federal Bank Fsb $123,494 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jimenez John M $791,000
Previous Owner Martinez Zolla $491,600
Previous Owner Martinez Miguel $502,000
Previous Owner Martinez Miguel $390,000
Previous Owner Martinez Miguel $390,000
Previous Owner Mencel Robert L $600,000
Previous Owner Mencel Robert $174,000
Previous Owner Mencel Robert L $360,000
Previous Owner Mencel Robert L $297,500
Previous Owner Park Hyun $251,100
Previous Owner Yoon Duck Sil $32,500
Previous Owner Yoon Duck S $8,000
Previous Owner Yoon Duck Sil $198,000
Previous Owner Driben Sharon H $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2023 09/20/23 Sold $1,130,000 -5.8% $304 / Sq Ft
05/22/2023 05/22/23 For Sale $1,200,000 -- $323 / 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 $14,155 $1,152,600 $856,800 $295,800
2024 $14,155 $1,130,000 $840,000 $290,000
2023 $10,623 $835,475 $618,874 $216,601
2022 $10,146 $819,094 $606,740 $212,354
2021 $10,005 $803,035 $594,844 $208,191
2019 $9,714 $779,218 $577,201 $202,017
2018 $9,575 $763,940 $565,884 $198,056
2016 $9,134 $734,277 $543,911 $190,366
2015 $9,004 $723,248 $535,741 $187,507
2014 $9,057 $709,081 $525,247 $183,834
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23089218

California Regional Multiple Listing Service (CRMLS)

APN: 5060-010-033