NOT LISTED FOR SALE

Estimated Value: $948,000 - $1,118,000

9 Beds
9 Baths
4,468 Sq Ft
$234/Sq Ft Est. Value

Last Sold October 14, 2020

Last sale price $760,000 $170 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $6,491/month

19 Days on Market

Highlights

  • Contemporary Architecture
  • Balcony
  • Tile Countertops
  • Neighborhood Views
  • 8 Car Direct Access Garage
  • Laundry Room

About This Home

As of October 2020

LOCATION, LOCATION, LOCATION!! Nice Fourplex Close to ALL! Amazing and Quite area with real walking distance from shopping center. Front Unit is 3 + 2.5, Back 3 Units are all 2 + 2. Units has been Built in 1987, Fully Fenced/All Units are 2 Story with 2 Car Attached Garages and Private balcony. Most Units has been renovated and have private back yard and around the building. Three tenants are month to month and one expires on Nov'20. Perfect oportunity for an Investor or Owner occupied to live in One and rent the other 3 units and have an extra income!!!. Fully Rented!/Will Not Last!!! Please don't disturb the tenants.

Last Agent to Sell the Property

Lenny Pardo-Figueroa

Real Estate eBroker, Inc. License #01710575 Listed on: 08/05/2020

Real Estate eBroker, Inc.

Last Buyer's Agent

Marina Ingman

Robinson Realty License #01183738

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 0.28 Acre Lot
  • Property fronts an alley
  • No Common Walls
  • Security Fence
  • Privacy Fence
  • Fence is in good condition
  • Rectangular Lot
  • Level Lot
  • Sprinkler System
  • Garden
  • Back and Front Yard

Parking

  • 8 Car Direct Access Garage
  • Parking Available

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Entry on the 1st floor
  • Fire Rated Drywall
  • Shingle Roof
  • Pre-Cast Concrete Construction
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4,468 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Neighborhood Views

Kitchen

  • Gas Range
  • Tile Countertops
  • Laminate Countertops
  • Trash Compactor

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • All Upper Level Bedrooms
  • 9 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 2
  • Tax Tract Number 44187
  • Assessor Parcel Number 3140030024

Community Details

Overview

  • 4 Units

Recreation

  • Bike Trail

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $264
  • Insurance Expense $1,611
  • Trash Expense $1,968
  • Water Sewer Expense $1,350
  • New Taxes Expense $9,036
  • Operating Expense $5,946
  • Gross Income $64,260
  • Net Operating Income $15,390

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

8

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • View: Yes
  • Water Sewer Expenses: 1350.00
  • Zoning: LRRA6500*
  • Architectural Style: Contemporary
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 3140030024
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Ceiling Fan(s), Laminate Counters, Stone Counters, Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Accessibility Features: 2+ Access Exits, Parking
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas, Gas Starter
  • Levels: Two
  • Price Per Square Foot: 170.10
  • Room Type: All Bedrooms Up, Laundry, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • Foundation: Concrete Perimeter
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Good Condition, Privacy, Security
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Covered, Direct Garage Access
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Trash Compactor
  • Electric: Standard
  • Heating Type: Wall Furnace, Natural Gas, Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1968.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Level with Street, Lot 10000-19999 Sqft, Rectangular Lot, Sprinkler System
  • Lot Size: 12140 sf
  • Lot Size Sq Ft: 12140.00
  • Lot Size Acres: 0.2787

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average2 Bed Area: 3034 Square Feet
  • Average3 Bed Area: 1434 Square Feet
  • Electric Expense: 264.00
  • Gross Income: 64260.00
  • Gross Operating Income: 64260.00
  • Gross Scheduled Income: 64260.00
  • Insurance Expense: 1611.00
  • Lot Size Area: 12140.0000 Square Feet
  • Net Operating Income: 15390.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 3582.00
  • Rent Control: No
  • Total Actual Rent: 5355.00
  • Total Expenses: 5946.00

Tax Info

  • New Taxes Expense: 9036.00
  • Tax Census Tract: 9005.01
  • Tax Lot: 2
  • Tax Tract Number: 44187

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
Oct 6, 2020
Sold by
Mitchell Joseph Lance
Bought by
Shtok Yan
Seller's Agent
Lenny Pardo-Figueroa
Real Estate eBroker, Inc.
Buyer's Agent
Marina Ingman
Robinson Realty
List Price
$849,000
Sold Price
$760,000
Premium/Discount to List
-$89,000
-10.48%
Current Estimated Value
$1,044,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,515
Avg. Annual Appreciation
6.31%
Original Mortgage
$551,250
Outstanding Balance
$490,307
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$554,208

Purchase Details

Listed on
Jul 12, 2016
Closed on
Sep 12, 2016
Sold by
Mitchell Hadrian Shere
Bought by
Mitchell Joseph Lance
Seller's Agent
James Baker
James Baker Realty, Inc.
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$569,900
Sold Price
$535,000
Premium/Discount to List
-$34,900
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.29%
Original Mortgage
$525,309
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 29, 2016
Sold by
Wong Donald S
Bought by
Mitchell Joseph Lance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,309
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 7, 2012
Closed on
Feb 1, 2013
Sold by
Williams Otis and Williams Connie
Bought by
Wong Donald S and Chen Anne H
Seller's Agent
Doug Martin
Doug Martin- Broker
Buyer's Agent
James Baker
eXp Realty of California, Inc.
List Price
$290,000
Sold Price
$300,000
Premium/Discount to List
$10,000
3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.21%
Original Mortgage
$210,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2008
Sold by
Aguirre Maria Estela
Bought by
Williams Otis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,150
Interest Rate
5.8%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 2005
Sold by
Aguirre Luis Otoniel
Bought by
Aguirre Maria Estela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,525
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 31, 2005
Sold by
Penaloza Jorge and Penaloza Maria
Bought by
Aguirre Maria Estela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,525
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 18, 2001
Sold by
Pizzola Randall J and Pizzola Janis
Bought by
Penaloza Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.99%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shtok Yan $760,000 Usa National Title Company
Mitchell Joseph Lance -- Wfg Title Company Of Ca
Mitchell Joseph Lance $535,000 Wfg Title Company Of Ca
Wong Donald S $300,000 Consumer Title Company
Williams Otis $420,000 Fidelity National Title
Aguirre Maria Estela -- Chicago Title Company
Aguirre Maria Estela $710,500 Chicago Title Company
Penaloza Jorge -- South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shtok Yan $551,250
Previous Owner Mitchell Joseph Lance $525,309
Previous Owner Wong Donald S $210,000
Previous Owner Williams Otis $414,150
Previous Owner Aguirre Maria Estela $35,525
Previous Owner Aguirre Maria Estela $497,350
Previous Owner Penaloza Jorge $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2020 10/14/20 Sold $760,000 -10.5% $170 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $849,000 +58.7% $190 / Sq Ft
11/02/2016 11/02/16 Sold $535,000 -6.1% $120 / Sq Ft View Prior Sale
08/13/2016 08/13/16 Pending -- -- --
07/12/2016 07/12/16 For Sale $569,900 +90.0% $128 / Sq Ft
03/01/2013 03/01/13 Sold $300,000 +3.4% $67 / Sq Ft View Prior Sale
09/01/2012 09/01/12 Pending -- -- --
08/07/2012 08/07/12 For Sale $290,000 -- $65 / 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 $12,212 $822,646 $124,478 $698,168
2024 $12,212 $806,517 $122,038 $684,479
2023 $11,969 $790,704 $119,646 $671,058
2022 $11,747 $775,200 $117,300 $657,900
2021 $11,553 $760,000 $115,000 $645,000
2019 $9,045 $556,614 $83,232 $473,382
2018 $8,887 $545,700 $81,600 $464,100
2016 $5,919 $312,069 $46,810 $265,259
2015 $5,852 $307,382 $46,107 $261,275
2014 $5,766 $301,361 $45,204 $256,157
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20152505

California Regional Multiple Listing Service (CRMLS)

APN: 3140-030-024