NOT LISTED FOR SALE

Estimated Value: $523,461 - $814,000

3 Beds
2 Baths
2,440 Sq Ft
$290/Sq Ft Est. Value

Last Sold July 22, 2014

Last sale price $379,000 $155 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $4,235/month

38 Days on Market

About This Home

As of July 2014

Great investment property or live in one and rent out the other. Perfect starter units. Good location close to everything. Front duplex and a separate unit in the back. This unit is bigger than other sales and gets much more in rent!!! Near Downtown revitalization area, close to civic center and numerous professional complexes. Tree lined streets, access to garage and carport through alley in the back.

Last Agent to Sell the Property

Lisa Canavier

Lisa Canavier, Broker License #00917435 Listed on: 05/28/2014

Last Buyer's Agent

Celine Duong

IRN Realty License #00889695

IRN Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 7,841 Sq Ft Lot
  • 1 Common Wall
  • Density is 11-15 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,440 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 9 / 9
  • Assessor Parcel Number 214281016

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $600
  • Water Sewer Expense $600
  • New Taxes Expense $4,737
  • Gross Income $2,815
  • Net Operating Income $33,170

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 600.00
  • Property Type: Residential Income
  • Parcel Number: 214281016
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 155.33
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2815.00
  • Gross Scheduled Income: 33780.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 33170.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 2610.00
  • Rent Control: No
  • Total Actual Rent: 2815.00

Tax Info

  • New Taxes Expense: 4737.00
  • Tax Area: 9000
  • Tax Block: 9
  • Tax Lot: 9
  • Tax Tract Number: 00
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2021
Sold by
Khuong Tranvi
Bought by
Khuong Adam
Current Estimated Value
$707,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 28, 2014
Closed on
Jul 9, 2014
Sold by
Connor James K and Connor Frances L
Bought by
Khuong Tranvi
Seller's Agent
Lisa Canavier
Lisa Canavier, Broker
Buyer's Agent
Celine Duong
IRN Realty
List Price
$379,000
Sold Price
$379,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%

Purchase Details

Closed on
Aug 14, 2001
Sold by
H V G Holding Group Inc
Bought by
Connor James K and Connor Frances L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
6.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 23, 1997
Sold by
Vanesa Guzman
Bought by
H V G Holding Group Inc

Purchase Details

Closed on
May 10, 1995
Sold by
Davis Jim
Bought by
Guzman Vanesa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 14, 1994
Sold by
Plm Lender Services Inc
Bought by
Fleet Finance Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Khuong Adam $550,000 Chicago Title Company
Khuong Tranvi $379,000 Orange Coast Title
Connor James K $150,000 Chicago Title Co
H V G Holding Group Inc -- --
Guzman Vanesa $75,000 Orange Coast Title Ins Co
Fleet Finance Inc $102,142 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khuong Adam $412,500
Previous Owner Connor James K $113,000
Previous Owner Guzman Vanesa $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2014 07/22/14 Sold $379,000 0.0% $155 / Sq Ft
07/05/2014 07/05/14 Pending -- -- --
05/28/2014 05/28/14 For Sale $379,000 -- $155 / 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 $6,503 $595,334 $149,374 $445,960
2023 $6,503 $572,219 $143,575 $428,644
2022 $6,357 $561,000 $140,760 $420,240
2021 $4,828 $420,807 $111,030 $309,777
2020 $4,741 $416,493 $109,892 $306,601
2019 $4,652 $408,328 $107,738 $300,590
2018 $4,561 $400,323 $105,626 $294,697
2017 $4,480 $392,474 $103,555 $288,919
2016 $4,192 $384,779 $101,525 $283,254
2015 $4,133 $379,000 $100,000 $279,000
2014 $2,032 $180,753 $48,198 $132,555
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14110166

California Regional Multiple Listing Service (CRMLS)

APN: 214-281-016