NOT LISTED FOR SALE

Estimated Value: $676,652 - $975,000

5 Beds
3 Baths
1,740 Sq Ft
$448/Sq Ft Est. Value

Last Sold December 31, 2015

Last sale price $420,000 $241 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,721/month

20 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Laundry Room
  • Property is near a park
  • Wood Frame Window
  • Bungalow

About This Home

As of December 2015

This duplex features a 3 bedroom / 2 bathroom home in the front and a 2 bedroom / 1 bathroom home in the rear. This home is centrally located near schools, shopping, parks, public transportation and freeways. Tons of upgrades including an electrical rewire, new plumbing, and many extras! Great for first time buyers or seasoned investors. Live in one and rent the other; Front home will be delivered vacant and is currently owner occupied. Rear unit is occupied by great long term tenants who always pay on time and would like to stay. FHA, VA, and Conventional buyers welcome!

Last Agent to Sell the Property

Domingo Martinez

Pactum Inc. License #01961283 Listed on: 09/26/2015

Last Buyer's Agent

WILLIAM PULIDO

RE/MAX CHAMPIONS License #01903462

RE/MAX CHAMPIONS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,102

Year Built

  • Built in 1921

Lot Details

  • 5,115 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Wrought Iron Fence

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway
  • RV Potential

Home Design

  • Bungalow
  • Property Attached
  • Additions or Alterations
  • Cosmetic Repairs Needed
  • Combination Foundation
  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,740 Sq Ft Home
  • Wood Frame Window
  • Tile Flooring
  • Gas Cooktop
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Property is near a park
  • Property is near public transit

Additional Features

  • Exterior Lighting
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 410
  • Tax Tract Number 5
  • Assessor Parcel Number 6013027010

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $670
  • Water Sewer Expense $3,450
  • New Taxes Expense $3,038
  • Gross Income $1,000
  • Net Operating Income $8,550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,102

Year Built

Built in 1921

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Other Phone Description: Agent Fax
  • Other Phone Number: 310
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
  • View: No
  • Water Sewer Expenses: 3450.00
  • Architectural Style: Bungalow
  • Property Condition: Additions/Alterations, Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 6013027010
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Copper Plumbing Full
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 241.38
  • Room Type: All Bedrooms Down
  • Window Features: Wood Frames

Exterior Features

  • Foundation: Slab, Combination, Raised
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, RV Potential
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Electric: Electricity - On Property
  • Heating Type: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Features: Park Nearby, Near Public Transit
  • Lot Size Sq Ft: 5115.00
  • Price Per Lot Square Foot: 82.11
  • Lot Size Acres: 0.1170

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 1000.00
  • Gross Scheduled Income: 12000.00
  • Insurance Expense: 670.00
  • Lot Size Area: 5115.0000 Square Feet
  • Net Operating Income: 8550.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3450.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 3038.00
  • Tax Lot: 410
  • Tax Tract Number: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2015
Sold by
Gonzalez Jose F
Bought by
Mejia Vicente
Current Estimated Value
$778,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2006
Sold by
Gonzalez Jose F
Bought by
Gonzalez Jose F and Gonzalez Antonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
6.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 8, 2002
Sold by
Access Homes Inc
Bought by
Gonzalez Jose Felipe and Castaneda Antonia Gonzalez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,250
Interest Rate
6.5%

Purchase Details

Closed on
Jan 28, 2002
Sold by
Martin Charles
Bought by
Access Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,250
Interest Rate
6.5%

Purchase Details

Closed on
Nov 22, 1999
Sold by
Gillas Kenneth
Bought by
Amaizon Inc

Purchase Details

Closed on
Jan 11, 1999
Sold by
Martin Joyce Lynette
Bought by
Martin Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,200
Interest Rate
6.66%

Purchase Details

Closed on
Dec 10, 1998
Sold by
Gillas Kenneth
Bought by
Gillas Kenneth and Martin Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,200
Interest Rate
6.66%

Purchase Details

Closed on
Aug 31, 1998
Sold by
Hale Clark Yvonne G
Bought by
Gillas Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.89%
Source: Public Records

Range of Values:

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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
Mejia Vicente $420,000 Title 365
Gonzalez Jose F -- Servicelink
Gonzalez Jose Felipe $225,000 American Title Co
Access Homes Inc $79,900 --
Amaizon Inc -- --
Martin Charles -- Commonwealth Title
Gillas Kenneth -- Commonwealth Title
Gillas Kenneth $75,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mejia Vicente $318,000
Previous Owner Mejia Vicente $336,000
Previous Owner Gonzalez Jose F $243,688
Previous Owner Gonzalez Jose F $199,500
Previous Owner Gonzalez Jose F $254,000
Previous Owner Gonzalez Jose Felipe $232,600
Previous Owner Access Homes Inc $150,000
Previous Owner Gonzalez Jose Felipe $218,250
Previous Owner Access Homes Inc $100,800
Previous Owner Gillas Kenneth $19,353
Previous Owner Gillas Kenneth $99,200
Previous Owner Gillas Kenneth $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2015 12/31/15 Sold $420,000 -2.3% $241 / Sq Ft
10/16/2015 10/16/15 Pending -- -- --
09/26/2015 09/26/15 For Sale $430,000 -- $247 / 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 $6,102 $497,189 $378,812 $118,377
2024 $6,102 $487,441 $371,385 $116,056
2023 $5,989 $477,884 $364,103 $113,781
2022 $5,718 $468,514 $356,964 $111,550
2021 $5,645 $459,328 $349,965 $109,363
2019 $5,480 $445,706 $339,586 $106,120
2018 $5,402 $436,968 $332,928 $104,040
2016 $5,167 $420,000 $320,000 $100,000
2015 $2,963 $242,000 $148,800 $93,200
2014 $3,038 $242,000 $148,800 $93,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15213588

California Regional Multiple Listing Service (CRMLS)

APN: 6013-027-010