$310,000
SOLD FEB 17, 2017
4 Beds
2 Baths
1,486 Sq Ft
4,564 Sq Ft Lot

Recently Sold

$209 Per Sq Ft

6% Below List Price

43 Days on Market

About This Home

As of October 2021

Looking for a Rental Income property!! This is a MUST buy!! With great tenants always pay on time. Property does need some TLC.

Last Agent to Sell the Property

Paola Melendez

Century 21 Allstars License #01779654 Listed on: 11/07/2016

Century 21 Allstars

Last Buyer's Agent

Maria Amaya

Century 21 Jervis & Associates License #01176249

Century 21 Jervis & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,986

Year Built

  • Built in 1912

Lot Details

  • 4,564 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard

Home Design

  • 1,486 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 4
  • Assessor Parcel Number 5116008004

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $500
  • Trash Expense $1,200
  • Water Sewer Expense $2,400
  • New Taxes Expense $3,300
  • Operating Expense $7,100
  • Gross Income $2,300
  • Net Operating Income $2,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,986

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5116008004
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 208.61

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 4564.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2300.00
  • Gross Scheduled Income: 2300.00
  • Insurance Expense: 500.00
  • Net Operating Income: 2000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 300.00
  • Rent Control: Yes
  • Total Expenses: 7100.00

Tax Info

  • New Taxes Expense: 3300.00
  • Tax Census Tract: 2282.20
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2021
Closed on
Oct 5, 2021
Sold by
Pan John C
Bought by
Kim Gerald Suk
Seller's Agent
Edwin Wen
RE/MAX 2000 REALTY
Buyer's Agent
Amy Lee
PINNACLE REAL ESTATE GROUP
List Price
$520,000
Sold Price
$535,000
Premium/Discount to List
$15,000
2.88%
Current Estimated Value
$705,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,793
Avg. Annual Appreciation
7.34%
Original Mortgage
$454,750
Outstanding Balance
$414,690
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$291,103

Purchase Details

Closed on
Apr 20, 2021
Sold by
Liu Kuei Chen
Bought by
Pan John C

Purchase Details

Closed on
Apr 16, 2021
Sold by
Estate Of Maria Lucia Gonzalez
Bought by
Pan John C

Purchase Details

Closed on
Mar 30, 2021
Sold by
Gonzalez Maria Lucia
Bought by
Pan John C

Purchase Details

Listed on
Nov 7, 2016
Closed on
Dec 27, 2016
Sold by
Melendez Paola
Bought by
Gonzalez Maria L
Seller's Agent
Paola Melendez
Century 21 Allstars
Buyer's Agent
Maria Amaya
Century 21 Jervis & Associates
List Price
$329,900
Sold Price
$310,000
Premium/Discount to List
-$19,900
-6.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.03%

Purchase Details

Closed on
Oct 8, 2010
Sold by
Hernandez Paola
Bought by
Hernandez Paola and The Paola Hernandez 2007 Trust

Purchase Details

Closed on
Jun 6, 2010
Sold by
Bravo Norma A
Bought by
Bravo Norma A

Purchase Details

Closed on
Jan 22, 2010
Sold by
Morequity Inc
Bought by
Bravo Norma A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2009
Sold by
Ruiz Roberto and Ruiz Marta
Bought by
Morequity Inc

Purchase Details

Closed on
Jan 25, 2007
Sold by
Barrios Rosalinda
Bought by
Rodriguez James

Purchase Details

Closed on
Dec 27, 2006
Sold by
Rodriguez Miguel
Bought by
Barrios Rosalinda

Purchase Details

Closed on
Jul 24, 2006
Sold by
Barrios Rosalinda
Bought by
Rodriguez Miguel

Purchase Details

Closed on
Mar 16, 2004
Sold by
Ruiz Roberto and Ruiz Marta
Bought by
Barrios Rosalinda

Purchase Details

Closed on
Oct 20, 1995
Sold by
Diaz Ramon V and Ruiz Roberto
Bought by
Ruiz Roberto

Purchase Details

Closed on
Aug 11, 1994
Sold by
Diaz Benita
Bought by
Diaz Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,400
Interest Rate
9.12%
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 Type Sale Price Title Company
Grant Deed $535,000 Fidelity National Title
Quit Claim Deed -- Fidelity National Title
Administrators Deed $410,000 Fidelity Sherman Oaks
Administrators Deed $410,000 None Listed On Document
Grant Deed $310,000 Pacific Coast Title
Interfamily Deed Transfer -- Pacific Coast Title
Interfamily Deed Transfer -- Pacific Coast Title
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Accommodation
Grant Deed $156,000 Lsi Title Agency
Trustee Deed $143,636 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- --
Trustee Deed $12,593 Northern Counties Title Ins
Interfamily Deed Transfer -- Southland Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $454,750 New Conventional
Previous Owner $124,800 New Conventional
Previous Owner $124,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $535,000 +2.9% $361 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
08/14/2021 08/14/21 For Sale $520,000 +67.7% $351 / Sq Ft
02/17/2017 02/17/17 Sold $310,000 -6.0% $209 / Sq Ft
11/07/2016 11/07/16 For Sale $329,900 -- $222 / 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 $6,986 $567,746 $424,483 $143,263
2024 $6,986 $556,614 $416,160 $140,454
2023 $6,853 $545,700 $408,000 $137,700
2022 $6,538 $535,000 $400,000 $135,000
2021 $5,838 $471,998 $319,475 $152,523
2020 $5,894 $467,160 $316,200 $150,960
2019 $4,075 $322,524 $260,100 $62,424
2018 $3,990 $316,200 $255,000 $61,200
2016 $3,263 $258,532 $96,936 $161,596
2015 $3,218 $254,649 $95,480 $159,169
2014 $3,240 $249,662 $93,610 $156,052
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16742127

California Regional Multiple Listing Service (CRMLS)

APN: 5116-008-004