NOT LISTED FOR SALE

Estimated Value: $7,507,097

2 Beds
2 Baths
926 Sq Ft
$8,107/Sq Ft Est. Value

Highlights

  • 0.52 Acre Lot
  • Fireplace in Bathroom
  • Neighborhood Views
  • Margarita Middle School Rated A-
  • No HOA
  • 4-minute walk to Town Square Park

About This Home

As of August 2020

Lovely 2-bedroom apartment located in the heart of Old Town Temecula. Easy access to freeways, near excellent nightlife, restaurants, this apartment is located just off of Main St behind Luke's. The Warehouse at Creekside apartments comes complete with refrigerator, communal washer/dryers, and private patio overlooking the creek bed. This unit is rent-controlled by the city, and tenant approval is based on household size and income. One designated parking spot in the gated parking area. Available September 12th. Please call for details on rent control before applying.

Last Agent to Rent the Property

Kristin Schlansky

CALIFORNIA REALTY GROUP INC. License #01901518 Listed on: 08/04/2020

Last Renter's Agent

Kristin Schlansky

CALIFORNIA REALTY GROUP INC. License #01901518 Listed on: 08/04/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $79,417

Year Built

  • Built in 2010

Lot Details

  • 0.52 Acre Lot
  • 1 Common Wall
  • Paved or Partially Paved Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Apartment

Interior Spaces

  • 926 Sq Ft Home
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Fireplace in Bathroom

Additional Features

  • Exterior Lighting
  • Central Air

Listing and Financial Details

  • Security Deposit $1,000
  • 12-Month Minimum Lease Term
  • Available 9/12/20
  • Tax Lot 1
  • Tax Tract Number 13013
  • Assessor Parcel Number 922046012

Community Details

Overview

  • No Home Owners Association
  • 32 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$79,417

Year Built

Built in 2010

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2020-09-12
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 150
  • Deposit Security: 1000
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Other Phone Description: 951.506.9683
  • Property Attached: Yes
  • Subdivision Name Other: Warehouse at Creekside Apartments
  • View: Yes
  • Zoning: C1
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 922046012
  • Year Built: 2010
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 926.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Bath
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1.57
  • Room Type: Kitchen

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Temecula Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 22651.00
  • Lot Size Acres: 0.5200

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 22651.0000 Square Feet
  • Management Co: California Realty Group
  • Management Co Phone: 951.506.9683
  • Number Of Units In Community: 32
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 512.00
  • Tax Lot: 1
  • Tax Tract Number: 013013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2024
Sold by
Fi Adco 16 Llc
Bought by
Fi Third Street 34 Lp
Current Estimated Value
$7,507,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,755,000
Outstanding Balance
$4,123,605
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$3,383,492

Purchase Details

Closed on
Mar 29, 2021
Sold by
Warehouse At Creekside Lp
Bought by
F1 Adcd 16 Llc and F1 Third Street 34 Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,755,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2015
Sold by
The Warehouse At Creekside Llc
Bought by
The Warehouse At Creekside Lp

Purchase Details

Closed on
May 29, 2008
Sold by
Old Town Third Street Llc
Bought by
The Warehouse At Creekside Llc

Purchase Details

Closed on
Nov 29, 2005
Sold by
Nakai Mary Patricia
Bought by
Old Town Renaissance Ventures Ii Llc

Purchase Details

Closed on
Sep 17, 2004
Sold by
Nakai Mary Patricia
Bought by
Nakai Mary Patricia

Purchase Details

Closed on
Sep 14, 2001
Sold by
Talley Mary Theresa
Bought by
Nakai Mary Patricia
Source: Public Records

Range of Values:

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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
Fi Third Street 34 Lp -- Fidelity National Title
Fi Third Street 34 Lp -- Fidelity National Title
F1 Adcd 16 Llc $7,000,000 Fidelity National Title
The Warehouse At Creekside Lp -- Lawyers Title Company
The Warehouse At Creekside Llc -- First American Title Company
Old Town Third Street Llc -- First American Title Company
Old Town Renaissance Ventures Ii Llc $999,000 Stewart Title Riverside
Nakai Mary Patricia -- --
Nakai Mary Patricia -- --
Talley Mary Theresa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fi Third Street 34 Lp $4,755,000
Closed Fi Third Street 34 Lp $4,755,000
Previous Owner F1 Adcd 16 Llc $4,755,000
Previous Owner The Warehouse At Creekside Llc $7,700,000
Previous Owner The Warehouse At Creekside Llc $500,000
Previous Owner Talley Mary Theresa $3,966
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Rented $1,450 0.0% --
08/04/2020 08/04/20 For Rent $1,450 -- --
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 $79,417 $7,428,454 $1,379,569 $6,048,885
2023 $79,417 $7,140,000 $1,326,000 $5,814,000
2022 $9,627 $4,271,310 $1,255,558 $3,015,752
2021 $9,447 $4,187,560 $1,230,940 $2,956,620
2020 $9,363 $4,144,623 $1,218,319 $2,926,304
2019 $9,214 $4,063,357 $1,194,431 $2,868,926
2018 $45,640 $3,983,684 $1,171,011 $2,812,673
2017 $44,840 $3,905,573 $1,148,050 $2,757,523
2016 $43,920 $3,828,994 $1,125,540 $2,703,454
2015 $43,171 $3,771,482 $1,108,635 $2,662,847
2014 $41,919 $3,697,606 $1,086,919 $2,610,687
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV20156303

California Regional Multiple Listing Service (CRMLS)

APN: 922-046-012