NOT LISTED FOR SALE
5 Beds
4 Baths
11,824 Sq Ft
0.5 Acre Lot

Sale Details

Date Sold: August 15, 2019

Last sale price $1,450,000 $123 Per Sq Ft

About This Home

As of August 2019

Sold before processing.

Last Agent to Sell the Property

Jeff Brandolino

Brandolino Group License #01259914 Listed on: 08/14/2019

Last Buyer's Agent

Jesus Henao

LEOLA Commercial , Inc. License #01254076

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 21,692 Sq Ft Lot
  • Two or More Common Walls
  • Density is 16-20 Units/Acre

Home Design

  • Property Attached

Interior Spaces

  • 11,824 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Leased Washer and Dryer

Parking

  • 16 Parking Spaces
  • 16 Carport Spaces

Additional Features

  • Exterior Lighting
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 51
  • Tax Tract Number 14561
  • Assessor Parcel Number 3008008034

Community Details

Overview

  • 2 Buildings
  • 16 Units

Amenities

  • Laundry Facilities

Building Details

  • 16 Separate Electric Meters
  • 16 Separate Gas Meters
  • 16 Separate Water Meters
  • Electric Expense $3,000
  • Insurance Expense $4,360
  • Trash Expense $2,960
  • Water Sewer Expense $2,160
  • New Taxes Expense $18,456
  • Operating Expense $30,936
  • Gross Income $1,315
  • Net Operating Income $84,932

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0.5 Acres

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2160.00
  • Zoning: PDR3*
  • Property Type: Residential Income
  • Parcel Number: 3008008034
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 122.63

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 16.00
  • Total Parking Spaces: 16.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 2960.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 21692.00
  • Lot Size Acres: 0.4980

Multi Family

  • Electric Expense: 3000.00
  • Gross Income: 1315.00
  • Gross Scheduled Income: 124958.00
  • Insurance Expense: 4360.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 1315.00
  • Lot Size Area: 21692.0000 Square Feet
  • Net Operating Income: 84932.00
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 16
  • Number Of Separate Water Meters: 16
  • Number Of Units Total: 16
  • Operating Expense: 40026.00
  • Rent Control: No
  • Total Expenses: 30936.00

Tax Info

  • New Taxes Expense: 18456.00
  • Tax Census Tract: 9104.02
  • Tax Lot: 51
  • Tax Tract Number: 14561

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
Feb 28, 2019
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
$900,000
Interest Rate
0.042%
Mortgage Type
Commercial

Purchase Details

Closed on
May 5, 2016
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
$617,500
Interest Rate
0.0371%
Mortgage Type
Commercial

Purchase Details

Listed on
May 26, 2015
Closed on
Jan 7, 2016
Sold by
Bought by
Seller's Agent
Daisy Gonzalez
Clint Lukens Realty
Buyer's Agent
Jeff Brandolino
Brandolino Group, Inc.
List Price
$1,100,000
Sold Price
$862,500
Premium/Discount to List
-$237,500
-21.59%

Purchase Details

Closed on
Apr 3, 2015
Sold by
Bought by

Purchase Details

Closed on
Jun 10, 2005
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
$755,000
Interest Rate
0.0555%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 10, 1993
Sold by
Bought by
Source: Public Records
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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
$1,450,000 Orange Coast Title Company
-- Orange Coast Title Co Socal
$862,500 First American Title Ins Co
$905,600 None Available
$1,075,000 Chicago Title Co
-- --
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
Open $900,000
Previous Owner $900,000
Previous Owner $617,500
Previous Owner $787,000
Previous Owner $755,000
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 Prior Sale
08/15/2019 08/15/19 Sold $1,450,000 0.0% $123 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
08/14/2019 08/14/19 For Sale $1,450,000 +68.1% $123 / Sq Ft
01/21/2016 01/21/16 Sold $862,500 -21.6% $73 / Sq Ft View Prior Sale
01/19/2016 01/19/16 Pending -- -- --
05/26/2015 05/26/15 For Sale $1,100,000 -- $93 / 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 $15,670 $808,746 $121,589 $687,157
2024 $14,724 $792,889 $119,205 $673,684
2023 $14,605 $777,343 $116,868 $660,475
2022 $14,107 $762,102 $114,577 $647,525
2021 $13,810 $747,160 $112,331 $634,829
2019 $3,150 $457,379 $68,978 $388,401
2018 $10,215 $448,412 $67,626 $380,786
2016 $11,420 $592,906 $89,342 $503,564
2015 $11,618 $611,169 $88,120 $523,049
2014 $11,493 $599,198 $86,394 $512,804
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19194448

California Regional Multiple Listing Service (CRMLS)
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