NOT LISTED FOR SALE

Estimated Value: $1,348,521 - $1,434,000

9 Beds
7 Baths
3,716 Sq Ft
$374/Sq Ft Est. Value

Last Sold June 20, 2016

Last sale price $810,000 $218 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $8,874/month

53 Days on Market

About This Home

As of June 2016

Houses are off a circular driveway that runs around a center island, biggest house is the mangers house, two bedroom one bath and not included in gross rental income. Three duplexes, main house, workshop, large 2 car garage. Property has deferred maintenance. Probate sale, subject to over bid at court. Lots of potential, may have to be a cash buyer. Manager's unit should rent for $1000. "as is" no contingencies will be accepted for those overbidding in court. January 4th, 8:30 am Dept 67Superior Court 111 Spring Street, Los Angles, over bid is $735,500, 10% deposit cashiers check at court made out to West Coast Escrow, must show deposit and proof of funds to overbid in the court room. Available for overbid only, property will be sold as is with a no contingencies. Title issues on prelim from building department and health department to be cleared by buyer once court has approved the sale. One unit needs to be converted back to a laundry room, all mobile homes need to be vacant and or removed from property plus other violations.

Last Agent to Sell the Property

Vince Campion

Coldwell Banker Realty License #00706420 Listed on: 11/13/2015

Coldwell Banker Realty

Co-Listed By

Erik Wetzel

Coldwell Banker Realty License #01948267

Last Buyer's Agent

Hector Nevarez

Vision Real Estate License #01138234

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,925

Year Built

  • Built in 1938

Lot Details

  • 0.76 Acre Lot
  • No Common Walls

Parking

  • 3 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • 3,716 Sq Ft Home
  • Composition Roof

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Listing and Financial Details

  • Tax Lot 445
  • Tax Tract Number 211
  • Assessor Parcel Number 4034031057

Community Details

Overview

  • 6 Buildings
  • 7 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Electric Expense $1,200
  • Insurance Expense $3,550
  • Trash Expense $300
  • Water Sewer Expense $3,600
  • New Taxes Expense $12,500
  • Gross Income $4,830
  • Net Operating Income $57,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,925

Year Built

Built in 1938

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 3600.00
  • Property Type: Residential Income
  • Parcel Number: 4034031057
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 217.98

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 23.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 33180.00
  • Price Per Lot Square Foot: 24.41
  • Lot Size Acres: 0.7620

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 4830.00
  • Gross Scheduled Income: 71400.00
  • Insurance Expense: 3550.00
  • Lot Size Area: 33180.0000 Square Feet
  • Net Operating Income: 57960.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Total: 7
  • Operating Expense: 21350.00
  • Rent Control: No
  • Total Actual Rent: 4830.00

Tax Info

  • New Taxes Expense: 12500.00
  • Tax Lot: 445
  • Tax Tract Number: 211

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2019
Sold by
Camaro Llc
Bought by
Camaro Llc
Current Estimated Value
$1,391,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Outstanding Balance
$356,070
Interest Rate
3.5%
Estimated Equity
$1,035,191

Purchase Details

Listed on
Nov 13, 2015
Closed on
May 24, 2016
Sold by
Ballard Brianna and Estate Of Keith Ballard
Bought by
Camaro Llc
Seller's Agent
Vince Campion
Coldwell Banker Realty
Buyer's Agent
Hector Nevarez
Vision Real Estate
List Price
$900,000
Sold Price
$810,000
Premium/Discount to List
-$90,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%

Purchase Details

Closed on
Jul 21, 2003
Sold by
Ballard Barbara and Charles U Ballard Trust
Bought by
Ballard Keith

Purchase Details

Closed on
Sep 25, 1997
Sold by
Ballard Trust Ballard Charles U Co Tr Charles and Ballard Charlene E
Bought by
Ballard Charles U and Charles U Ballard Inter Vivos
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
Camaro Llc -- Old Republic Title Company
Camaro Llc $810,000 Fidelity National Title
Ballard Keith -- --
Ballard Charles U -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Camaro Llc $775,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2016 06/20/16 Sold $810,000 -10.0% $218 / Sq Ft
01/05/2016 01/05/16 Pending -- -- --
11/13/2015 11/13/15 For Sale $900,000 -- $242 / 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 $18,925 $958,866 $575,320 $383,546
2024 $18,925 $940,066 $564,040 $376,026
2023 $18,328 $921,634 $552,981 $368,653
2022 $18,048 $903,564 $542,139 $361,425
2021 $17,423 $885,848 $531,509 $354,339
2020 $16,775 $876,766 $526,060 $350,706
2019 $15,824 $859,576 $515,746 $343,830
2018 $15,253 $842,723 $505,634 $337,089
2016 $5,434 $105,673 $54,743 $50,930
2015 $5,386 $104,086 $53,921 $50,165
2014 $5,434 $102,048 $52,865 $49,183
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15246001

California Regional Multiple Listing Service (CRMLS)

APN: 4034-031-057