NOT LISTED FOR SALE

Estimated Value: $863,000 - $1,097,651

4 Beds
2 Baths
1,600 Sq Ft
$630/Sq Ft Est. Value

Last Sold December 19, 2016

Last sale price $550,700 $344 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $6,019/month

49 Days on Market

Highlights

  • Property is near public transit
  • Laundry Room
  • High Efficiency Heating System
  • High Efficiency Air Conditioning

About This Home

As of December 2016

New laminated flooring at both units in 2014.
Remodeled kitchen and bathrooms in 2012 &2013
Reroof work done in 2016. New A/C wall unit installed in 2014 & 2015
Low maintenance front yard.
2 electrical meters, 2 gas meters and 1 water meter.
Each unit has it owned laundry room closet.
Gated private parking area.

Last Agent to Sell the Property

Katherine Jin

FRI Associated Inc License #01070500 Listed on: 08/22/2016

Last Buyer's Agent

Ciprian Laza

Keller Williams Realty World Media Center License #02004150

Keller Williams Realty World Media Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,034

Year Built

  • Built in 1955

Lot Details

  • 4,080 Sq Ft Lot
  • No Common Walls
  • No Sprinklers

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Gas Dryer Hookup

Parking

  • 4 Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Unassigned Parking

Utilities

  • High Efficiency Air Conditioning
  • High Efficiency Heating System

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Tax Lot 12
  • Tax Tract Number 4620
  • Assessor Parcel Number 5728006012

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Trash Expense $840
  • Water Sewer Expense $840
  • New Taxes Expense $7,995
  • Gross Income $35,400
  • Net Operating Income $28,966

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,034

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 4.45
  • Inclusions: one refrigerator at 46 E Hammond.
  • Property Attached: No
  • Water Sewer Expenses: 840.00
  • Zoning: PSR3
  • Property Type: Residential Income
  • Parcel Number: 5728006012
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 344.19

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Water Available
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Electric, High Efficiency
  • Laundry Features: Gas Dryer Hookup, Outside
  • Trash Expense: 840.00
  • Cooling: Electric, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers None, Near Public Transit, Walkstreet
  • Lot Size Sq Ft: 4080.00
  • Price Per Lot Square Foot: 159.31

Rental Info

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

Multi Family

  • Gross Income: 35400.00
  • Gross Multiplier: 18.36
  • Gross Scheduled Income: 35400.00
  • Insurance Expense: 600.00
  • Net Operating Income: 28966.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 1
  • Operating Expense: 6434.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7995.00
  • Tax Area: 7-500
  • Tax Lot: 12
  • Tax Tract Number: 4620
  • Tax Annual Amount: 4034.00
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2020
Sold by
Sera Estates Llc
Bought by
Sera Estates Llc
Current Estimated Value
$1,008,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Outstanding Balance
$403,083
Interest Rate
3.4%
Mortgage Type
Credit Line Revolving
Estimated Equity
$605,080

Purchase Details

Listed on
Aug 22, 2016
Closed on
Feb 15, 2017
Sold by
Sera Maurizio
Bought by
Sera Estates Llc
Seller's Agent
Katherine Jin
FRI Associated Inc
Buyer's Agent
Ciprian Laza
Keller Williams Realty World Media Center
List Price
$650,000
Sold Price
$550,700
Premium/Discount to List
-$99,300
-15.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%

Purchase Details

Listed on
Aug 22, 2016
Closed on
Dec 5, 2016
Sold by
Ho & Liu Llc
Bought by
Sera Maurizio
Seller's Agent
Katherine Jin
FRI Associated Inc
Buyer's Agent
Ciprian Laza
Keller Williams Realty World Media Center
List Price
$650,000
Sold Price
$550,700
Premium/Discount to List
-$99,300
-15.28%

Purchase Details

Listed on
Jun 22, 2012
Closed on
Jul 20, 2012
Sold by
Wells Fargo Delaware Trust Company Na
Bought by
Ho & Liu Llc
Seller's Agent
Cesar Reinoso
Reinoso Properties
Buyer's Agent
Anthony Mikhail
List Price
$329,900
Sold Price
$320,000
Premium/Discount to List
-$9,900
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.26%

Purchase Details

Closed on
Mar 2, 2012
Sold by
Garza Hector F
Bought by
Wells Fargo Delaware Trust Company Na

Purchase Details

Closed on
Apr 13, 2011
Sold by
Garza Hector F
Bought by
Garza Hector F and Garza Elba P

Purchase Details

Closed on
Jan 28, 2011
Sold by
Garza Elba P
Bought by
Garza Hector F and Garza Elba P

Purchase Details

Closed on
Jul 16, 2010
Sold by
Garza Hector F
Bought by
Hector F Garza Living Trust

Purchase Details

Closed on
May 7, 2010
Sold by
Garza Elba P
Bought by
Garza Elba P and Elba P Garza Trust

Purchase Details

Closed on
Jan 9, 2007
Sold by
Garza Hector F
Bought by
Garza Hector F and Garza Elba P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2003
Sold by
Garza Hector F and Garza Elba P
Bought by
Garza Hector F and Garza Elba P

Purchase Details

Closed on
Oct 15, 1997
Sold by
Garza Hector F
Bought by
Garza Hector F and Garza Elba P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sera Estates Llc -- North American Title Company
Sera Estates Llc -- None Available
Sera Maurizio $551,000 Ortc
Ho & Liu Llc $320,000 --
Wells Fargo Delaware Trust Company Na $378,504 Accommodation
Garza Hector F -- None Available
Garza Hector F -- None Available
Hector F Garza Living Trust -- None Available
Garza Elba P -- None Available
Garza Elba P -- None Available
Garza Hector F -- Accommodation
Garza Hector F -- Accommodation
Garza Hector F -- --
Garza Hector F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sera Estates Llc $456,000
Previous Owner Garza Hector F $455,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2016 12/19/16 Sold $550,700 -15.3% $344 / Sq Ft
10/10/2016 10/10/16 Pending -- -- --
08/22/2016 08/22/16 For Sale $650,000 0.0% $406 / Sq Ft
11/12/2012 11/12/12 Rented $1,225 -2.0% --
11/06/2012 11/06/12 Under Contract -- -- --
10/22/2012 10/22/12 For Rent $1,250 0.0% --
08/10/2012 08/10/12 Sold $320,000 -3.0% $200 / Sq Ft View Prior Sale
07/19/2012 07/19/12 Pending -- -- --
06/22/2012 06/22/12 For Sale $329,900 -- $206 / 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 $8,841 $777,679 $447,402 $330,277
2024 $8,841 $762,431 $438,630 $323,801
2023 $8,767 $747,482 $430,030 $317,452
2022 $7,053 $602,268 $421,599 $180,669
2021 $6,766 $590,460 $413,333 $177,127
2019 $6,515 $572,948 $401,074 $171,874
2018 $6,616 $561,714 $393,210 $168,504
2016 $4,440 $332,872 $187,241 $145,631
2015 $4,034 $327,873 $184,429 $143,444
2014 $3,962 $321,452 $180,817 $140,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS16187273

California Regional Multiple Listing Service (CRMLS)

APN: 5728-006-012