NOT LISTED FOR SALE

Estimated Value: $469,690 - $708,000

2 Beds
1 Bath
1,850 Sq Ft
$338/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $465,000 $251 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,852/month

6 Days on Market

Highlights

  • No Units Above
  • Laundry Room
  • Carpet
  • Cooling System Mounted To A Wall/Window
  • Wood Fence
  • No Heating

About This Home

As of May 2021

Duplex, own one, rent the other and pay less than rent. It performs great, calling all investors, low maintenance. Drive way / parking for each unit. In need of repairs. 2 Units 2 Bedrooms each 1 Bathroom 925 sq ft each

Last Agent to Sell the Property

Concepcion Ruiz

Concepcion Ruiz License #01900207 Listed on: 03/30/2021

Last Buyer's Agent

Concepcion Ruiz

Concepcion Ruiz License #01900207 Listed on: 03/30/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,465

Year Built

  • Built in 1959

Lot Details

  • 7,841 Sq Ft Lot
  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Wood Fence
  • Front Yard

Home Design

  • Duplex
  • Cosmetic Repairs Needed
  • Major Repairs Completed
  • Fixer Upper

Interior Spaces

  • 1,850 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 2 Open Parking Spaces
  • 3 Parking Spaces
  • 1 Carport Space

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 316
  • Assessor Parcel Number 191271014

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • New Taxes Expense $4,800
  • Operating Expense $6,000
  • Gross Income $32,940
  • Net Operating Income $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,465

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Zoning: R2
  • Property Condition: Fixer, Repairs Cosmetic, Repairs Major
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 191271014
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 251.35
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 1.00
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: No
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Water Heater
  • Electric: Standard
  • Laundry Features: Gas Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Gross Income: 32940.00
  • Gross Operating Income: 1200.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 2400.00
  • 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
  • Operating Expense: 1200.00
  • Rent Control: Yes
  • Total Actual Rent: 2745.00
  • Total Expenses: 6000.00

Tax Info

  • New Taxes Expense: 4800.00
  • Tax Census Tract: 316.02
  • Tax Lot: 21
  • Tax Tract Number: 316.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2021
Closed on
Apr 29, 2021
Sold by
Pernett Patricia
Bought by
Pernett Edward H
Seller's Agent
Concepcion Ruiz
Concepcion Ruiz
Buyer's Agent
Concepcion Ruiz
Concepcion Ruiz
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%
Current Estimated Value
$624,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,673
Avg. Annual Appreciation
7.06%

Purchase Details

Listed on
Mar 30, 2021
Closed on
Apr 7, 2021
Sold by
Pernett Edward H
Bought by
Vanpham Cuong Van and Chung Trinh Thi
Seller's Agent
Concepcion Ruiz
Concepcion Ruiz
Buyer's Agent
Concepcion Ruiz
Concepcion Ruiz
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%

Purchase Details

Closed on
May 20, 2001
Sold by
Pernett Mary
Bought by
Pernett Edward H and Pernett Mary
Source: Public Records

Range of Values:

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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
Pernett Edward H -- Fidelity National Title Co
Vanpham Cuong Van $465,000 Fidelity National Title Co
Pernett Edward H -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2021 05/05/21 Sold $465,000 -2.1% $251 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $475,000 -- $257 / 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 $5,465 $503,328 $124,478 $378,850
2023 $5,465 $483,786 $119,646 $364,140
2022 $5,341 $474,300 $117,300 $357,000
2021 $1,296 $77,810 $21,476 $56,334
2020 $944 $77,013 $21,256 $55,757
2019 $927 $75,504 $20,840 $54,664
2018 $911 $74,025 $20,433 $53,592
2017 $895 $72,575 $20,033 $52,542
2016 $842 $71,153 $19,641 $51,512
2015 $830 $70,087 $19,347 $50,740
2014 $821 $68,716 $18,969 $49,747
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV21066334

California Regional Multiple Listing Service (CRMLS)

APN: 191-271-014