NOT LISTED FOR SALE

4263 Center St Baldwin Park, CA 91706

Estimated Value: $1,342,346 - $1,846,000

17 Beds
10 Baths
6,542 Sq Ft
$229/Sq Ft Est. Value

Last Sold December 23, 2015

Last sale price $850,000 $130 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $9,933/month

19 Days on Market

Highlights

  • 0.43 Acre Lot
  • No HOA
  • Central Heating and Cooling System
  • Sierra Vista High Rated A-

About This Home

As of December 2015

Great property in a great secure neighborhood of Baldwin Park surrounded by newly built homes. This is a 2-units property with the original home built in 1942; but new additions were made in 1990 with a large, detached, 2nd-unit with 6 bedrooms and 5 baths in the back of the property. Other additions were made to the original home to make the front home a 6 bedrooms 6 baths. The entire property is in good conditions with lots of parking spaces on site. This is an ideal property for buyer to live in one unit or use this property as rental income. There are many wonderful features such as large living rooms, open floor plans, large balcony, grand kitchens, large bedrooms and luxury-style master suites. The seller planted many mature exotic fruit trees such as longan, bananas, dragon fruit, jack fruit, blood orange, grapes, lemons, avocados, tangerines, mandarin oranges, jujubes, persimmons, guavas, and many others. Property is a 2 detached units with zoned as duplex. Some conversions were made to the property - buyer to verify all conditions, permits, and conversions.

Last Agent to Sell the Property

Brandon Lutran

Pinnacle Real Estate Group License #01704058 Listed on: 10/14/2015

Pinnacle Real Estate Group

Last Buyer's Agent

Ashley Kay

Berkshire Hathaway Home Srvcs License #01704058

Berkshire Hathaway Home Srvcs

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,693

Year Built

  • Built in 1990

Lot Details

  • 0.43 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 6 Open Parking Spaces
  • 2 Car Garage
  • 4 Carport Spaces

Home Design

  • 6,542 Sq Ft Home

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 10 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 14237
  • Assessor Parcel Number 8546024007

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,000
  • Insurance Expense $1,800
  • Maintenance Expense $2,400
  • Trash Expense $800
  • Water Sewer Expense $1,800
  • New Taxes Expense $8,693
  • Operating Expense $19,693
  • Gross Income $8,950
  • Net Operating Income $87,707

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,693

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: LuTran Team
  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Parcel Number: 8546024007
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entry Location: Ground Level No Steps
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 129.93

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Trash Expense: 800.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 18617.00
  • Price Per Lot Square Foot: 45.66
  • Lot Size Acres: 0.4270

Multi Family

  • Electric Expense: 3000.00
  • Gross Income: 8950.00
  • Gross Scheduled Income: 107400.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 18617.0000 Square Feet
  • Maintenance Expense: 2400.00
  • Net Operating Income: 87707.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 19693.00
  • Rent Control: No
  • Total Expenses: 19693.00

Tax Info

  • New Taxes Expense: 8693.00
  • Tax Lot: 13
  • Tax Rate: 1.25
  • Tax Tract Number: 14237
  • Tax Annual Amount: 8693.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2023
Sold by
Jason Wong And Tann Young Family Trust
Bought by
Chen Alexander and Chen Andrew
Total Days on Market
19
Current Estimated Value
$1,499,087

Purchase Details

Closed on
Oct 12, 2017
Sold by
Tiffhugh Investment Llc
Bought by
Tann Wong Jason and Tann Young

Purchase Details

Listed on
Oct 14, 2015
Closed on
Oct 28, 2015
Sold by
Ton Hoan Ke
Bought by
Tiffhugh Investment Llc
Seller's Agent
Brandon Lutran
Pinnacle Real Estate Group
Buyer's Agent
Brandon Lutran
Pinnacle Real Estate Group
List Price
$949,000
Sold Price
$850,000
Premium/Discount to List
-$99,000
-10.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%

Purchase Details

Closed on
Dec 27, 2005
Sold by
Ton Cao
Bought by
Ton Hoan Ke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2005
Sold by
Cao Ton Hoan Ke and Cao Ton
Bought by
Ton Cao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2003
Sold by
Ton Cao
Bought by
Cao Ton Hoan Ke and Cao Ton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
5.61%
Mortgage Type
Unknown

Purchase Details

Closed on
May 16, 2002
Sold by
Hoang Dee
Bought by
Ton Cao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.89%

Purchase Details

Closed on
Mar 16, 1997
Sold by
Hoang Dee
Bought by
Cao Hoang Dee and Cao Ton

Purchase Details

Closed on
Oct 10, 1996
Sold by
Ton Cao and Ton Lisa H
Bought by
Hoang Dee

Purchase Details

Closed on
Jul 19, 1996
Sold by
Hoang Dee
Bought by
Cao Hoang Dee and Cao Ton
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
Chen Alexander $1,200,000 Wfg National Title
Tann Wong Jason $1,200,000 None Available
Tiffhugh Investment Llc $850,000 Fidelity National Title Co
Ton Hoan Ke -- --
Ton Cao -- Alliance Title
Cao Ton Hoan Ke -- Fidelity National Title Co
Ton Cao -- Southland Title
Cao Hoang Dee -- --
Hoang Dee -- --
Cao Hoang Dee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jason Wong $500,000
Previous Owner Tiffhugh Investment Llc $350,000
Previous Owner Ton Cao $505,000
Previous Owner Ton Hoan Ke $380,000
Previous Owner Ton Hoan Ke $322,500
Previous Owner Cao Ton Hoan Ke $322,500
Previous Owner Ton Cao $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2015 12/23/15 Sold $850,000 -10.4% $130 / Sq Ft
11/02/2015 11/02/15 Pending -- -- --
10/14/2015 10/14/15 For Sale $949,000 -- $145 / 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
2024 $18,213 $1,451,460 $1,015,920 $435,540
2023 $16,747 $1,312,372 $616,815 $695,557
2022 $17,097 $1,286,640 $604,721 $681,919
2021 $16,831 $1,261,413 $592,864 $668,549
2020 $16,796 $1,248,479 $586,785 $661,694
2019 $15,762 $1,224,000 $575,280 $648,720
2018 $14,891 $1,200,000 $564,000 $636,000
2017 $11,084 $867,000 $408,000 $459,000
2016 $10,566 $850,000 $400,000 $450,000
2015 $8,818 $670,864 $284,264 $386,600
2014 $8,693 $657,724 $278,696 $379,028
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR15226234

California Regional Multiple Listing Service (CRMLS)

APN: 8546-024-007