NOT LISTED FOR SALE

Estimated Value: $1,224,000 - $1,716,166

10 Beds
6 Baths
4,072 Sq Ft
$355/Sq Ft Est. Value

Last Sold June 10, 2024

Last sale price $1,250,000 $307 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $8,784/month

118 Days on Market

Highlights

  • Laundry Room
  • Central Heating
  • 1-Story Property

About This Home

As of June 2024

Welcome to this 414-416 E 84th St - an exceptional income-producing duplex that offers a variety of desirable features. This duplex comprises two spacious units, each boasting 5 bedrooms and 3 bathrooms, making it an ideal investment opportunity. Situated in a prime location, this property showcases convenience and functionality. As you approach, you'll notice a single car garage at the front of the property, providing ample parking space for one unit. In addition, a double car garage located in the rear of the property offers convenient parking for the other unit, ensuring both tenants have their own designated parking areas. Inside each unit, you'll find an array of modern upgrades and high-quality finishes. The dual pane vinyl windows create an energy-efficient environment, allowing for natural light to flood the living spaces while keeping utility costs low. The stylish granite countertops and wood cabinets throughout the kitchens add an elegant touch, offering plenty of storage and preparation space for culinary enthusiasts. The kitchens and bathrooms are adorned with tasteful tile flooring, providing durability and easy maintenance. The mirrored closet doors contribute to a spacious and bright atmosphere, while the bedrooms feature plush carpeting for added comfort. Both units are equipped with forced heat, ensuring cozy living conditions throughout the year. One of the standout features of this property is the artificial lawn, which not only adds visual appeal but also minimizes the need for extensive maintenance and reduces water usage. This low-maintenance feature allows tenants to enjoy a well-kept outdoor space without the hassle of constant upkeep. Moreover, this property benefits from separate water, gas, and electric meters, providing a seamless and efficient system for utilities management. It's important to note that there is no rent control in place, providing flexibility for rental rates and potential for increased income over time. This feature allows for market-driven rent adjustments, ensuring optimal returns on your investment.

Last Agent to Sell the Property

Victoria Hill

Seven Gables Real Estate Brokerage Phone: 714-654-1779 License #01956954 Listed on: 01/02/2024

Seven Gables Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2021

Lot Details

  • 5,200 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 4,072 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 44 / 11
  • Tax Tract Number 26
  • Assessor Parcel Number 6030028026
  • $436 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 2021

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6030028026
  • Year Built: 2021
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 306.97

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5200.00
  • Lot Size Acres: 0.1194
  • Latitude Manual: 33.96258300

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Lot Size Area: 5200.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: 11
  • Tax Census Tract: 2398.02
  • Tax Lot: 44
  • Tax Tract Number: 26
  • TaxOtherAnnualAssessmentAmount: 436.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
May 31, 2024
Sold by
Whitaker Family Trust and Whitaker Steven L
Bought by
Yun Steven
Seller's Agent
Victoria Hill
Seven Gables Real Estate
List Price
$1,299,000
Sold Price
$1,250,000
Premium/Discount to List
-$49,000
-3.77%
Views
39
Current Estimated Value
$1,447,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,042
Avg. Annual Appreciation
9.64%
Original Mortgage
$937,500
Outstanding Balance
$923,424
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$523,618

Purchase Details

Listed on
Oct 17, 2020
Closed on
Nov 17, 2020
Sold by
Clark Parlee and Houston Clarice
Bought by
Ocean Development Inc
Seller's Agent
Myiesha Majors
eXp Realty of Greater Los Angeles
Buyer's Agent
Myiesha Majors
eXp Realty of Greater Los Angeles
List Price
$400,000
Sold Price
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.85%

Purchase Details

Closed on
Oct 2, 2012
Sold by
Houston Gracie
Bought by
Houston Gracie and Gracie Houston Revocable Living Trust

Purchase Details

Closed on
Jun 9, 2011
Sold by
Houston Gracie
Bought by
Houston Gracie
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

Date Buyer Sale Price Title Company
Yun Steven $1,250,000 First American Title Company
Ocean Development Inc $400,000 Ticor Title
Houston Gracie -- None Available
Houston Gracie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yun Steven $937,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2024 06/10/24 Sold $1,250,000 -3.8% $307 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
01/02/2024 01/02/24 For Sale $1,299,000 +224.8% $319 / Sq Ft
11/24/2020 11/24/20 Sold $400,000 0.0% $308 / Sq Ft View Prior Sale
11/08/2020 11/08/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $400,000 0.0% $308 / Sq Ft
10/19/2020 10/19/20 Off Market $400,000 -- --
10/18/2020 10/18/20 Pending -- -- --
10/17/2020 10/17/20 For Sale $400,000 -- $308 / 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 $14,611 $1,275,000 $545,700 $729,300
2024 $14,611 $1,180,854 $556,614 $624,240
2023 $14,330 $1,157,700 $545,700 $612,000
2022 $13,665 $1,135,000 $535,000 $600,000
2021 $4,935 $400,000 $320,000 $80,000
2020 $690 $45,231 $15,218 $30,013
2019 $669 $44,345 $14,920 $29,425
2018 $630 $43,477 $14,628 $28,849
2016 $585 $41,791 $14,061 $27,730
2015 $578 $41,164 $13,850 $27,314
2014 $588 $40,358 $13,579 $26,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23231708

California Regional Multiple Listing Service (CRMLS)

APN: 6030-028-026