NOT LISTED FOR SALE

Estimated Value: $541,000 - $666,000

4 Beds
3 Baths
2,188 Sq Ft
$285/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $475,000 $217 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,852/month

117 Days on Market

Highlights

  • 0.47 Acre Lot
  • No HOA
  • 1-Story Property

About This Home

As of March 2021

Great opportunity to own a triplex (addresses: 43551, 43545, 43541) on commercial property. This also includes a vacant commercial lot, that fronts Ave K. The property is 3 individual houses, One is a 2 bedroom- 1 Bath, and Two are a One Bedroom- one Bath. Current Rents are $3,150. per month. Water is $125. mo. Trash is $87. mo. Live in one, rent the others, or buy and hold, or develop the vacant lot. It's included!

Last Agent to Sell the Property

John Kang

Team Gage R E Center License #02023220 Listed on: 09/10/2020

Last Buyer's Agent

Joanna Menjivar

HomeSmart Evergreen Realty License #01337463

HomeSmart Evergreen Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 0.47 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 2,188 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 10448
  • Assessor Parcel Number 3126004046

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,045
  • Trash Expense $1,044
  • Water Sewer Expense $1,500
  • Operating Expense $9,739
  • Gross Income $36,000
  • Net Operating Income $28,061

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1500.00
  • Zoning: LRC*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 3126004046
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 217.09

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1044.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 20469.00
  • Lot Size Acres: 0.4699

Multi Family

  • Gross Income: 36000.00
  • Gross Scheduled Income: 37800.00
  • Insurance Expense: 1045.00
  • Lot Size Area: 20469.0000 Square Feet
  • Net Operating Income: 28061.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Number With Range: 3
  • Operating Expense: 9739.00
  • Rent Control: No
  • Total Expenses: 9739.00

Tax Info

  • Tax Census Tract: 9005.04
  • Tax Lot: 4
  • Tax Tract Number: 10448

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2024
Sold by
Santos Jaime H and Santos Maria C
Bought by
Santos Family Trust and Santos
Current Estimated Value
$624,127

Purchase Details

Listed on
Jan 15, 2019
Closed on
Mar 28, 2019
Sold by
K7 Properties Llc
Bought by
Kang John and Yoon Chung Won
Seller's Agent
Yvette Gonzales
Keller Williams Realty A.V.
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$399,900
Sold Price
$399,000
Premium/Discount to List
-$900
-0.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%
Original Mortgage
$319,200
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 21, 2017
Closed on
Oct 25, 2017
Sold by
Coker Jessica M
Bought by
Coker Stuart Richard
Seller's Agent
Janette Crawford
Keller Williams Realty A.V.
Buyer's Agent
Mark Chappell
Keller Williams Realty Lancaster
List Price
$315,000
Sold Price
$312,000
Premium/Discount to List
-$3,000
-0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.08%
Original Mortgage
$234,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 21, 2017
Closed on
Sep 27, 2017
Sold by
Gaudi Bernard P and The Bernad S & Magdalena E Gau
Bought by
Coker Stuart Richard and Coker Steven John
Seller's Agent
Janette Crawford
Keller Williams Realty A.V.
Buyer's Agent
Mark Chappell
Keller Williams Realty Lancaster
List Price
$315,000
Sold Price
$312,000
Premium/Discount to List
-$3,000
-0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
3.83%
Mortgage Type
New Conventional
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
Santos Family Trust -- None Listed On Document
Santos Family Trust -- None Listed On Document
Kang John $399,000 Fidelity National Title
Coker Stuart Richard -- First Americant Title La
Coker Stuart Richard $312,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kang John $319,200
Previous Owner Coker Stuart Richard $234,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2021 03/05/21 Sold $475,000 -2.9% $217 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
12/12/2020 12/12/20 For Sale $489,000 0.0% $223 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $489,000 +22.6% $223 / Sq Ft
04/25/2019 04/25/19 Sold $399,000 -0.2% $182 / Sq Ft View Prior Sale
03/02/2019 03/02/19 Pending -- -- --
01/15/2019 01/15/19 For Sale $399,900 +28.2% $183 / Sq Ft
11/01/2017 11/01/17 Sold $312,000 -1.0% $141 / Sq Ft View Prior Sale
08/24/2017 08/24/17 Pending -- -- --
08/21/2017 08/21/17 For Sale $315,000 -- $142 / 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 $6,981 $449,206 $115,818 $333,388
2024 $6,981 $440,399 $113,548 $326,851
2023 $6,847 $431,765 $111,322 $320,443
2022 $6,724 $423,300 $109,140 $314,160
2021 $5,951 $359,667 $92,751 $266,916
2020 $5,887 $355,980 $91,800 $264,180
2019 $5,174 $297,840 $27,540 $270,300
2018 $5,097 $292,000 $27,000 $265,000
2016 $2,523 $83,193 $16,050 $67,143
2015 $2,502 $81,944 $15,809 $66,135
2014 $2,538 $80,340 $15,500 $64,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20184921

California Regional Multiple Listing Service (CRMLS)

APN: 3126-004-046