$554,000
SOLD OCT 26, 2018
5 Beds
3 Baths
2,356 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$235 Per Sq Ft

1% Above List Price

8 Days on Market

Highlights

  • Property is near public transit
  • High Ceiling
  • Lawn
  • Polytechnic High School Rated A-
  • Granite Countertops
  • 5-minute walk to White Park

About This Home

As of October 2018

Location, location, location Great deal for investor or first time buyer who live one, rent other. It is legal 3 units, one unit is vacant in good condition granite counter top, under mount stainless steel sink, high ceiling, wood laminate floor, all wood doors and high floss finish... Each unit has separate electric meter, gas meter, newer water heater, newer dual glass panel window...This multiple units is location in very high demand area, nice and quite street by Historical downtown area, Mission Inn, Civil center, University, Freeway, shopping, park...A Must See...

Last Agent to Sell the Property

GINA LIEU DUONG

GOT INVESTMENT License #01049351 Listed on: 08/30/2018

Last Buyer's Agent

Damiko Brown

Executive Realty Inc. License #01955284

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,681

Year Built

  • Built in 1929

Lot Details

  • 8,712 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Level Lot
  • Front Yard Sprinklers
  • Lawn

Home Design

  • Triplex
  • Bungalow
  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,356 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Family Room
  • Living Room
  • Basement

Kitchen

  • Gas Cooktop
  • Free-Standing Range
  • Granite Countertops
  • Formica Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • Public Parking
  • Paved Parking
  • On-Street Parking
  • On-Site Parking
  • Parking Lot

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 12
  • Tax Tract Number 9041
  • Assessor Parcel Number 214291009

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $300
  • Insurance Expense $1,000
  • Trash Expense $1,080
  • Water Sewer Expense $900
  • New Taxes Expense $6,176
  • Operating Expense $3,280
  • Gross Income $2,220
  • Net Operating Income $3,135

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,681

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 900.00
  • Zoning: R1065
  • Architectural Style: Bungalow
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 214291009
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Formica Counters, Granite Counters, High Ceilings
  • Stories: 2
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 235.14
  • Room Type: Basement, Family Room, Kitchen, Laundry, Living Room

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition, Shingle
  • Construction Materials: Frame, Wood Siding

Garage/Parking

  • Parking Features: Concrete, On Site, Parking Space, Public, Street

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Gas Cooktop, Gas Water Heater
  • Heating Type: Natural Gas
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1080.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Lot 6500-9999, Rectangular Lot, Level, Near Public Transit, Sprinklers In Front
  • Lot Size Sq Ft: 8712.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Electric Expense: 300.00
  • Gross Income: 2220.00
  • Gross Scheduled Income: 3420.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 3135.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 285.00
  • Rent Control: No
  • Total Expenses: 3280.00

Tax Info

  • New Taxes Expense: 6176.00
  • Tax Census Tract: 302.00
  • Tax Lot: 12
  • Tax Tract Number: 009041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2018
Closed on
Sep 11, 2018
Sold by
Nguyen Jason and Ryan Ashlyn Phuong
Bought by
Duhon Zena
Seller's Agent
GINA LIEU DUONG
GOT INVESTMENT
Buyer's Agent
Damiko Brown
Executive Realty Inc.
List Price
$549,500
Sold Price
$554,000
Premium/Discount to List
$4,500
0.82%
Total Days on Market
8
Current Estimated Value
$916,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,257
Avg. Annual Appreciation
7.73%
Original Mortgage
$544,456
Outstanding Balance
$479,640
Interest Rate
4.6%
Mortgage Type
FHA
Estimated Equity
$426,100

Purchase Details

Closed on
Sep 4, 2007
Sold by
Ryan Ashlyn Phuong
Bought by
Nguyen Jason and Ryan Ashlyn Phuong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 8, 2005
Sold by
Nguyen Jason
Bought by
Ryan Ashlyn Phuong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2005
Sold by
Hovakimyan Habet
Bought by
Ryan Ashlyn Phuong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2005
Sold by
Gamboa Roger
Bought by
Hovakimyan Habet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
5.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 11, 2003
Sold by
Wolfe James L and Wolfe Laura C
Bought by
Gamboa Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
7.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 4, 2003
Sold by
Robinett Creamer Andrea
Bought by
Wolfe James L and Wolfe Laura C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 10, 2002
Sold by
Creamer Jeff
Bought by
Creamer Andrea Robinette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
8%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 2002
Sold by
Unlimited Affordable Housing Llc
Bought by
Creamer Andrea Robinett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
8%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 4, 2001
Sold by
4261 9Th Street Trust
Bought by
Unlimited Affordable Housing Llc

Purchase Details

Closed on
Aug 20, 2001
Sold by
Saxon Mary Ann
Bought by
4261 9Th Street Trust

Purchase Details

Closed on
Jan 16, 1998
Sold by
Saxon Mary Ann
Bought by
J E Gosa & Co Llc

Purchase Details

Closed on
Jun 5, 1997
Sold by
Richard Plummer and Plummer Kathleen B
Bought by
Saxon Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,500
Interest Rate
7.49%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $554,500 Wfg National Title Company
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Orange Coast Title
Grant Deed $490,000 Orange Coast Title
Grant Deed $405,000 Alliance Title Company
Grant Deed $279,000 --
Grant Deed $225,000 First American Title Co
Interfamily Deed Transfer -- Commerce Title Company
Grant Deed $157,000 Commerce Title
Grant Deed -- Commerce Title
Trustee Deed $108,060 Benefit Land Title
Gift Deed -- --
Grant Deed $268,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $544,456 FHA
Previous Owner $305,500 Commercial
Previous Owner $375,000 Commercial
Previous Owner $392,000 Purchase Money Mortgage
Previous Owner $324,000 Commercial
Previous Owner $289,000 Commercial
Previous Owner $223,200 Commercial
Previous Owner $157,500 Commercial
Previous Owner $125,600 Commercial
Previous Owner $100,500 Commercial
Closed $15,700 No Value Available
Closed $25,000 No Value Available
Closed $62,850 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Rented $1,299 0.0% --
03/25/2019 03/25/19 Under Contract -- -- --
03/09/2019 03/09/19 Price Changed $1,299 -3.8% $2 / Sq Ft
02/22/2019 02/22/19 For Rent $1,350 0.0% --
10/26/2018 10/26/18 Sold $554,000 +0.8% $235 / Sq Ft
09/07/2018 09/07/18 Pending -- -- --
08/30/2018 08/30/18 For Sale $549,500 -- $233 / 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
2023 $6,681 $594,533 $128,663 $465,870
2022 $6,527 $582,877 $126,141 $456,736
2021 $6,435 $571,449 $123,668 $447,781
2020 $6,386 $565,590 $122,400 $443,190
2019 $6,343 $554,500 $120,000 $434,500
2018 $4,669 $405,000 $90,000 $315,000
2017 $4,396 $380,000 $100,000 $280,000
2016 $4,197 $380,000 $100,000 $280,000
2015 $4,146 $375,000 $100,000 $275,000
2014 $3,701 $330,000 $90,000 $240,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV18212589

California Regional Multiple Listing Service (CRMLS)

APN: 214-291-009