NOT LISTED FOR SALE

Estimated Value: $559,000 - $1,139,000

4 Beds
4 Baths
2,880 Sq Ft
$308/Sq Ft Est. Value

Last Sold November 02, 2017

Last sale price $695,000 $241 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,626/month

14 Days on Market

Highlights

  • No HOA
  • Wrought Iron Fence
  • Level Lot
  • Laundry Room
  • Turnkey

About This Home

As of November 2017

FULLY UPGRADED & REMODELED 4-unit multifamily residential income property totaling 2,880 sq. ft. of rentable space. This quadruplex boasts 4 individual 1 bed + 1 bath units with separate laundry hook ups in each unit. Upgrades include: BRAND NEW individual AC units, windows, paint inside and outside, tankless water heaters in each unit, hardwood style laminate floors throughout. In all 4 kitchens, you will find: BRAND NEW counters and cabinetry, stainless-steel Refrigerator, Dishwasher, Microwave & Stove. Bathrooms in ALL units have also been fully remodeled and include NEW counters & vanities and gorgeous stone-tiled shower/bathtubs. Limited tandem parking spaces are available in the secured gated area in the back. Not every unit will get an assigned parking space. Located close to schools, churches, shopping, dining and entertainment. Hurry, as this “TURN KEY” Investment Opportunity will not last long.

Last Agent to Sell the Property

Alex Khalilifard

RE/MAX One License #01937591 Listed on: 08/15/2017

RE/MAX One

Last Buyer's Agent

Alex Sanchez

Realty ONE Group United License #01734841

Realty ONE Group United

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,605

Year Built

  • Built in 1922

Lot Details

  • 3,180 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Turnkey

Interior Spaces

  • 2,880 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Listing and Financial Details

  • Tax Lot 71
  • Tax Tract Number 2286
  • Assessor Parcel Number 5115017015

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $57,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,605

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Zoning: LAR2
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5115017015
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Ground Level
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 241.32
  • Room Type: Laundry

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No

Garage/Parking

  • Parking Features: Street

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Microwave, Refrigerator
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 3180.00
  • Lot Size Acres: 0.0730

Multi Family

  • Average1 Bed Area: 720 Square Feet
  • Gross Income: 57600.00
  • Gross Scheduled Income: 57600.00
  • Lot Size Area: 3180.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2286.00
  • Tax Lot: 71
  • Tax Tract Number: 2286

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2018
Sold by
Ammour Samir
Bought by
Mckinley Suites Llc
Current Estimated Value
$885,799

Purchase Details

Listed on
Aug 15, 2017
Closed on
Sep 5, 2017
Sold by
Elad Investments Llc
Bought by
Ammour Samir
Seller's Agent
Alex Khalilifard
RE/MAX One
Buyer's Agent
Alex Sanchez
Realty ONE Group United
List Price
$699,000
Sold Price
$695,000
Premium/Discount to List
-$4,000
-0.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%
Original Mortgage
$556,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2017
Sold by
Beckman John
Bought by
Elad Investments Llc

Purchase Details

Closed on
Sep 14, 2011
Sold by
Guandique Carol J
Bought by
Beckman John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,510
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 23, 2004
Sold by
Acn Properties Inc
Bought by
Guandique Carol J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2003
Sold by
4254 Mckinley Ave Trust
Bought by
Acn Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 2002
Sold by
Padilla Serafin
Bought by
Silent Productions

Purchase Details

Closed on
Jun 12, 1996
Sold by
Miller John Charles
Bought by
Miller John Charles and Olmos Maria G

Purchase Details

Closed on
Feb 10, 1996
Sold by
Bentley Lawrence R
Bought by
Miller John Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,500
Interest Rate
7.04%
Source: Public Records

Range of Values:

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Average Value
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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
Mckinley Suites Llc -- None Available
Ammour Samir $695,000 Lawyers Title
Elad Investments Llc $259,100 None Available
Beckman John $259,000 Ortc
Guandique Carol J $385,000 Southland Title Company
Acn Properties Inc $275,000 Stewart Title Company
Silent Productions -- --
Miller John Charles -- --
Miller John Charles $125,000 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ammour Samir $556,000
Previous Owner Beckman John $36,414
Previous Owner Beckman John $248,510
Previous Owner Guandique Carol J $446,000
Previous Owner Guandique Carol J $308,000
Previous Owner Acn Properties Inc $345,000
Previous Owner Miller John Charles $137,500
Closed Acn Properties Inc $20,000
Closed Guandique Carol J $57,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2017 11/02/17 Sold $695,000 -0.6% $241 / Sq Ft
08/29/2017 08/29/17 Pending -- -- --
08/15/2017 08/15/17 For Sale $699,000 -- $243 / 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 $9,605 $780,858 $513,136 $267,722
2024 $9,605 $765,548 $503,075 $262,473
2023 $9,423 $750,538 $493,211 $257,327
2022 $8,990 $735,823 $483,541 $252,282
2021 $8,870 $721,396 $474,060 $247,336
2019 $8,712 $708,900 $469,200 $239,700
2018 $8,639 $695,000 $460,000 $235,000
2017 $4,583 $357,143 $183,983 $173,160
2016 $4,452 $350,141 $180,376 $169,765
2015 $4,390 $344,882 $177,667 $167,215
2014 $4,429 $338,127 $174,187 $163,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17187688

California Regional Multiple Listing Service (CRMLS)

APN: 5115-017-015