NOT LISTED FOR SALE

Estimated Value: $495,000 - $582,000

2 Beds
2 Baths
3,520 Sq Ft
$154/Sq Ft Est. Value

Last Sold October 23, 2019

Last sale price $265,000 $75 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,461/month

4 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Baseboard Heating
  • Private Yard
  • Laundry Room

About This Home

As of October 2019

Priced to sell fast! This 4plex property does needs some work but these units are easy to rent, -two units need renovation work. Off street surface parking and separate fenced courtyard entry for each unit. Inside laundry hook ups in each apartment. Each unit approximately 880 square feet, 2 bedroom 2 bath units. Cash offers preferred with a quick closing. - Professional property management services readily available to a new Owner, or this would an excellent value added opportunity for a "hands-on" investor to realize its full cash flow potential. Submit your offer today!

Last Agent to Sell the Property

Alan Zemek

LRS Realty & Management Inc License #01887945 Listed on: 09/30/2019

Last Buyer's Agent

Diana Medina

Pinnacle Estate Properties, Inc. License #01354735

Pinnacle Estate Properties, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,512

Year Built

  • Built in 1984

Lot Details

  • 5,312 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot
  • Private Yard

Home Design

  • Property Attached

Interior Spaces

  • 3,520 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Suburban Location
  • Baseboard Heating

Listing and Financial Details

  • Tax Block 94
  • Tax Tract Number 1505
  • Assessor Parcel Number 00931109007

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $2,350
  • Trash Expense $325
  • Water Sewer Expense $505
  • New Taxes Expense $4,910
  • Operating Expense $11,900
  • Gross Income $34,800
  • Net Operating Income $22,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,512

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 505.00
  • Zoning: R-3
  • Property Type: Residential Income
  • Parcel Number: 00931109007
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 75.28

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Baseboard, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 325.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Yard
  • Lot Size Sq Ft: 5312.00
  • Lot Size Acres: 0.1219

Multi Family

  • Average2 Bed Area: 880 Square Feet
  • Gross Income: 34800.00
  • Gross Scheduled Income: 34800.00
  • Insurance Expense: 2350.00
  • Lot Size Area: 5312.0000 Square Feet
  • Net Operating Income: 22900.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 11900.00
  • Rent Control: No
  • Total Expenses: 11900.00

Tax Info

  • New Taxes Expense: 4910.00
  • Tax Block: 94
  • Tax Census Tract: 20.00
  • Tax Lot: 00
  • Tax Tract Number: 001505

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2020
Sold by
Lopez Janet Preciado
Bought by
Guerra Oscar I Preciado
Current Estimated Value
$541,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 30, 2019
Closed on
Dec 9, 2019
Sold by
Egv I Llc
Bought by
Orozco Jesus A and Guerra Oscar I Preciado
Seller's Agent
Alan Zemek
LRS Realty & Management Inc
Buyer's Agent
Diana Medina
Pinnacle Estate Properties, Inc.
List Price
$239,000
Sold Price
$265,000
Premium/Discount to List
$26,000
10.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.61%
Original Mortgage
$247,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 30, 2019
Closed on
Oct 9, 2019
Sold by
Getikian Zohrab and Hakopyan Alina
Bought by
Egv I Llc
Seller's Agent
Alan Zemek
LRS Realty & Management Inc
Buyer's Agent
Diana Medina
Pinnacle Estate Properties, Inc.
List Price
$239,000
Sold Price
$265,000
Premium/Discount to List
$26,000
10.88%

Purchase Details

Closed on
Mar 28, 2019
Sold by
Getikian Zohrab
Bought by
Hakopyan Alina

Purchase Details

Closed on
Dec 9, 2016
Sold by
Gallardo Antonio Saucedo
Bought by
Getikian Zohrab and Hakopyan Alina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2004
Sold by
Gallardo Catalina
Bought by
Gallardo Antonio Saucedo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,750
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2004
Sold by
Gobi Llc
Bought by
Gallardo Antonio Saucedo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,750
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2003
Sold by
Wiedmann Brad and Hall Stephen
Bought by
Gobi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2002
Sold by
Wiedmann Brad and Wiedmann Dania
Bought by
Gobi Llc

Purchase Details

Closed on
Sep 30, 2002
Sold by
Nichols Tennis M and Nichols Jerry L
Bought by
Wiedmann Brad and Wiedmann Dania

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,849
Interest Rate
5.88%
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
Guerra Oscar I Preciado -- Priority Title
Orozco Jesus A $330,000 Priority Title Company
Egv I Llc $265,000 Pacific Coast Title Company
Hakopyan Alina -- None Available
Getikian Zohrab $260,000 Lawyers Title
Gallardo Antonio Saucedo -- Fidelity Title
Gallardo Antonio Saucedo $275,000 Fidelity Title
Gobi Llc -- Ticor Title
Wiedmann Brad -- Ticor Title
Wiedmann Brad -- Ticor Title
Gobi Llc $100,000 Fidelity National Title Co
Wiedmann Brad $100,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guerra Oscar I Preciado $247,500
Previous Owner Getikian Zohrab $195,000
Previous Owner Gallardo Antonio Saucedo $233,750
Previous Owner Wiedmann Brad $143,000
Previous Owner Wiedmann Brad $101,849
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2019 10/23/19 Sold $265,000 +10.9% $75 / Sq Ft
10/04/2019 10/04/19 Pending -- -- --
09/30/2019 09/30/19 For Sale $239,000 -8.1% $68 / Sq Ft
02/14/2017 02/14/17 Sold $260,000 -13.0% $74 / Sq Ft View Prior Sale
12/13/2016 12/13/16 Pending -- -- --
07/15/2016 07/15/16 For Sale $299,000 -- $85 / 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 $7,512 $436,968 $104,040 $332,928
2024 $7,512 $428,400 $102,000 $326,400
2023 $7,339 $420,000 $100,000 $320,000
2022 $6,291 $340,086 $51,528 $288,558
2021 $5,904 $333,418 $50,518 $282,900
2020 $4,983 $265,000 $50,000 $215,000
2019 $5,016 $275,913 $37,142 $238,771
2018 $4,910 $265,200 $35,700 $229,500
2017 $4,630 $240,000 $48,000 $192,000
2016 $4,370 $240,000 $48,000 $192,000
2015 $4,440 $246,000 $37,000 $209,000
2014 $3,717 $189,000 $30,000 $159,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19231772

California Regional Multiple Listing Service (CRMLS)

APN: 009-311-09-00-7