NOT LISTED FOR SALE

4070 Sterling Way Baldwin Park, CA 91706

Estimated Value: $2,075,158

Studio
-- Bath
5,743 Sq Ft
$361/Sq Ft Est. Value

Sale Details

Date Sold: March 7, 2013

Last sale price $750,000 $131 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $11,361 / mo

197 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 3-minute walk to Morgan Park

About This Home

As of March 2013

This property is an Office Building. It can be a medical, dental clinic, offices, rest homes, etc. Corner lot with plenty of parking. Property is in average fair condition.

Last Agent to Sell the Property

MARVIN RINGLING

PLATINUM REALTY & MORTGAGE License #00349868 Listed on: 08/14/2012

Last Buyer's Agent

MARVIN RINGLING

PLATINUM REALTY & MORTGAGE License #00349868 Listed on: 08/14/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 8,978

Parking

  • 24 Car Garage

Home Design

  • 5,743 Sq Ft Home
  • Cosmetic Repairs Needed
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Stucco

Additional Features

  • 8,978 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, HVAC maintenance, janitorial service, repairs
  • Tax Lot 5
  • Tax Tract Number 9011
  • Assessor Parcel Number 8553012020

Community Details

Overview

  • No Home Owners Association

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $4,200
  • Insurance Expense $3,600
  • Maintenance Expense $4,800
  • Professional Management Expense $2,400
  • Trash Expense $780
  • Water Sewer Expense $1,020
  • New Taxes Expense $17,292
  • Gross Income $3,059
  • Net Operating Income $4,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

8,978 Sq Ft Lot

Parking

24

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 2400.00
  • View: No
  • Water Sewer Expenses: 1020.00
  • Zoning: BPC1
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 8553012020
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Levels: One
  • Price Per Square Foot: 130.59

Exterior Features

  • Pool Private: No
  • Roof: Composition, Rolled/Hot Mop
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 24.00
  • Total Parking Spaces: 24.00

Utilities

  • Heating: Yes
  • Heating Type: Forced Air
  • Trash Expense: 780.00
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 8978.00
  • Lot Size Acres: 0.2060

Rental Info

  • Tenant Pays: Cable TV, HVAC Maintenance, Janitorial Service, Repairs

Multi Family

  • Electric Expense: 4200.00
  • Gross Income: 3059.00
  • Gross Scheduled Income: 72000.00
  • Insurance Expense: 3600.00
  • Lot Size Area: 8978.0000 Square Feet
  • Maintenance Expense: 4800.00
  • Net Operating Income: 4800.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Operating Expense: 2941.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 17292.00
  • Tax Lot: 5
  • Tax Tract Number: 9011

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2017
Sold by
Bought by
Current Estimated Value
$2,075,158

Purchase Details

Closed on
Jan 2, 2017
Sold by
Bought by

Purchase Details

Closed on
Dec 9, 2016
Sold by
Bought by

Purchase Details

Closed on
Mar 31, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 29, 2014
Sold by
Bought by

Purchase Details

Closed on
May 10, 2013
Sold by
Bought by

Purchase Details

Listed on
Aug 14, 2012
Closed on
Feb 27, 2013
Sold by
Bought by
Seller's Agent
MARVIN RINGLING
PLATINUM REALTY & MORTGAGE
Buyer's Agent
MARVIN RINGLING
PLATINUM REALTY & MORTGAGE
List Price
$800,000
Sold Price
$750,000
Premium/Discount to List
-$50,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%

Purchase Details

Closed on
Jun 7, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,053,000
Interest Rate
5.69%
Mortgage Type
Commercial

Purchase Details

Closed on
May 21, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,038
Interest Rate
5.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 12, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,038
Interest Rate
5.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 23, 2002
Sold by
Bought by

Purchase Details

Closed on
Jun 12, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
6.91%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 2, 1996
Sold by
Bought by

Purchase Details

Closed on
Jul 13, 1995
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,250,000 Stewart Title
-- Accommodation
$949,754 None Available
$1,100,000 Usa National Title Co
-- Usa National Title Co
-- None Available
-- None Available
$750,000 Usa National Title
$1,170,000 First American Title Company
$740,500 First American Title Co
-- --
$779,135 American Title
$945,000 First American Title Co
-- --
$236,423 First Centennial Title Ins C
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $50,000
Previous Owner $770,000
Previous Owner $1,053,000
Previous Owner $740,038
Previous Owner $730,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/07/2013 03/07/13 Sold $750,000 -6.3% $131 / Sq Ft
02/27/2013 02/27/13 Pending -- -- --
08/14/2012 08/14/12 For Sale $800,000 -- $139 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,616 $2,110,949 $853,369 $1,257,580
2024 $26,926 $2,069,559 $836,637 $1,232,922
2023 $26,661 $2,028,981 $820,233 $1,208,748
2022 $27,190 $1,989,198 $804,150 $1,185,048
2021 $26,791 $1,950,195 $788,383 $1,161,812
2019 $17,807 $1,275,000 $765,000 $510,000
2018 $16,387 $1,224,000 $785,400 $438,600
2016 $15,031 $1,139,086 $642,030 $497,056
2015 $15,423 $1,121,977 $632,387 $489,590
2014 $11,058 $753,404 $447,020 $306,384
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    MARVIN RINGLING

    PLATINUM REALTY & MORTGAGE

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: W12105662

California Regional Multiple Listing Service (CRMLS)

APN: 8553-012-020

California Los Angeles County Baldwin Park 91706

4070 Sterling Way, Baldwin Park, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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