NOT LISTED FOR SALE

Estimated Value: $551,000 - $729,000

8 Beds
4 Baths
2,520 Sq Ft
$261/Sq Ft Est. Value

Last Sold September 03, 2019

Last sale price $425,000 $169 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,156/month

12 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Turnkey
  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Block Wall Fence

About This Home

As of September 2019

Ideal opportunity for investors and first time buyers. This great 4 unit property offers 4 units with 2 bedrooms and 1 bath, first unit has a bonus bedroom (not permitted). Second building roof was recently replaced, and much more upgrades. Take advantage of this chance to own income property. Offer subject to interior inspection.

Last Agent to Sell the Property

CARLOS PEIRO

BONITA PROPERTIES License #01134364 Listed on: 08/09/2019

Last Buyer's Agent

CARLOS PEIRO

BONITA PROPERTIES License #01134364 Listed on: 08/09/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,774

Year Built

  • Built in 1957

Lot Details

  • 9,678 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence

Parking

  • 7 Car Garage

Home Design

  • Property Attached
  • Turnkey
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,520 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 17256
  • Assessor Parcel Number 3132008002

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $480
  • Insurance Expense $1,400
  • Trash Expense $600
  • Water Sewer Expense $400
  • New Taxes Expense $6,000
  • Operating Expense $8,880
  • Net Operating Income $31,355

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,774

Year Built

Built in 1957

Lot Details

0

Parking

7

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 400.00
  • Zoning: LRR2*
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 3132008002
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 168.65

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 7.00
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 9678.00
  • Lot Size Acres: 0.2222

Multi Family

  • Electric Expense: 480.00
  • Gross Scheduled Income: 39600.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 9678.0000 Square Feet
  • Net Operating Income: 31355.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 4
  • Operating Expense: 8245.00
  • Rent Control: No
  • Total Expenses: 8880.00

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Census Tract: 9007.01
  • Tax Lot: 22
  • Tax Tract Number: 17256

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2019
Closed on
Aug 26, 2019
Sold by
Bradley Elizabeth
Bought by
Bradley Jonathan
Seller's Agent
CARLOS PEIRO
BONITA PROPERTIES
Buyer's Agent
CARLOS PEIRO
BONITA PROPERTIES
List Price
$420,000
Sold Price
$425,000
Premium/Discount to List
$5,000
1.19%
Current Estimated Value
$658,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,967
Avg. Annual Appreciation
7.49%
Original Mortgage
$310,000
Interest Rate
3.8%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 9, 2019
Closed on
Aug 20, 2019
Sold by
Valdez Diego
Bought by
Bradley Jonathan
Seller's Agent
CARLOS PEIRO
BONITA PROPERTIES
Buyer's Agent
CARLOS PEIRO
BONITA PROPERTIES
List Price
$420,000
Sold Price
$425,000
Premium/Discount to List
$5,000
1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
3.8%
Mortgage Type
Construction

Purchase Details

Listed on
Jan 19, 2017
Closed on
Apr 27, 2017
Sold by
Tagliaferro Marie Claire
Bought by
Valdez Diego
Seller's Agent
Fabio Portillo
Century 21 Masters
Buyer's Agent
Monica Sainz
First Investments Realty & Mortgage
List Price
$360,000
Sold Price
$365,000
Premium/Discount to List
$5,000
1.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%
Original Mortgage
$351,037
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 19, 2017
Closed on
Apr 14, 2017
Sold by
Rodriguera Nancy
Bought by
Valdez Diego
Seller's Agent
Fabio Portillo
Century 21 Masters
Buyer's Agent
Monica Sainz
First Investments Realty & Mortgage
List Price
$360,000
Sold Price
$365,000
Premium/Discount to List
$5,000
1.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,037
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
May 9, 2014
Closed on
Sep 5, 2014
Sold by
Tagliaferro Marie Claire and Tagliaferro Maria Claire
Bought by
Tagliaferro Marie Claire
Seller's Agent
Fabio Portillo
Century 21 Masters
Buyer's Agent
Fabio Portillo
No Firm Affiliation
List Price
$276,000
Sold Price
$270,000
Premium/Discount to List
-$6,000
-2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.45%

Purchase Details

Closed on
May 9, 2014
Sold by
Caceres Dgardo L and Caceras Edgardo L
Bought by
Tagliaferro Maria Claire

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,109
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 27, 2012
Closed on
Feb 25, 2012
Sold by
Caceres Josefina Quiroga
Bought by
Caceres Edgardo L
Seller's Agent
Enrique Campos
Century 21 Masters
Buyer's Agent
Socorro Ortega
No Firm Affiliation
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.36%
Original Mortgage
$109,080
Interest Rate
3.83%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 27, 2012
Closed on
Jan 12, 2012
Sold by
Argueta Rodolfo Mejia
Bought by
Caceras Edgardo L
Seller's Agent
Enrique Campos
Century 21 Masters
Buyer's Agent
Socorro Ortega
No Firm Affiliation
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,080
Interest Rate
3.83%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 10, 2005
Sold by
Mejia Wendy Lisseth
Bought by
Argueta Rodolfo Mejia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2005
Sold by
Gaytan Miguel and Celis Maria
Bought by
Argueta Rodolfo Mejia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2003
Sold by
Chappell Mark and Chappell Kelly
Bought by
Chappell Mark and Chappell Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,900
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2003
Sold by
Chappell Mark and Chappell Kelly
Bought by
Gaytan Miguel and Celis Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,900
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 2002
Sold by
Wiggins Norman F and Wiggins Patricia A
Bought by
Wiggins Norman F and Wiggins Patricia A

Purchase Details

Closed on
Dec 7, 2000
Sold by
Manning Charlotte and Bernice L Wood Revocable Trust
Bought by
Chappell Mark and Chappell Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,550
Interest Rate
7.71%

Purchase Details

Closed on
Apr 5, 2000
Sold by
Wood Bernice
Bought by
Wood Bernice L and Bernice L Wood Revocable Trust
Source: Public Records

Range of Values:

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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
Bradley Jonathan -- Western Resources Title Co
Bradley Jonathan $425,000 Western Resources Title Co
Valdez Diego $365,000 Fidelity National Title Co
Valdez Diego -- Fidelity National Title Co
Tagliaferro Marie Claire -- Usa National Title Company I
Tagliaferro Maria Claire $270,000 None Available
Caceres Edgardo L -- Usa National Title
Caceras Edgardo L $120,000 Usa National Title
Argueta Rodolfo Mejia -- Commonwealth Title
Argueta Rodolfo Mejia $425,000 Commonwealth Title
Chappell Mark -- First American Title Co
Gaytan Miguel $251,000 First American Title Co
Wiggins Norman F -- Fidelity National Title Co
Chappell Mark $99,500 Lawyers Title Company
Wood Bernice L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bradley Jonathan $310,000
Previous Owner Valdez Diego $351,037
Previous Owner Tagliaferro Maria Claire $265,109
Previous Owner Caceres Edgardo L $109,080
Previous Owner Argueta Rodolfo Mejia $382,500
Previous Owner Gaytan Miguel $225,900
Previous Owner Chappell Mark $79,550
Closed Chappell Mark $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2019 09/03/19 Sold $425,000 +1.2% $169 / Sq Ft
08/21/2019 08/21/19 Pending -- -- --
08/09/2019 08/09/19 For Sale $420,000 +15.1% $167 / Sq Ft
05/04/2017 05/04/17 Sold $365,000 +1.4% $145 / Sq Ft View Prior Sale
03/24/2017 03/24/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $360,000 +33.3% $143 / Sq Ft
07/25/2014 07/25/14 Sold $270,000 -2.2% $107 / Sq Ft View Prior Sale
05/09/2014 05/09/14 For Sale $276,000 +130.0% $110 / Sq Ft
05/05/2014 05/05/14 Pending -- -- --
03/02/2012 03/02/12 Sold $120,000 -- $48 / Sq Ft View Prior Sale
02/27/2012 02/27/12 Pending -- -- --
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 $7,774 $464,795 $69,992 $394,803
2024 $7,774 $455,682 $68,620 $387,062
2023 $7,629 $446,748 $67,275 $379,473
2022 $7,492 $437,989 $65,956 $372,033
2021 $7,367 $429,402 $64,663 $364,739
2019 $6,723 $380,506 $67,626 $312,880
2018 $6,608 $373,060 $66,300 $306,760
2016 $5,303 $274,116 $41,117 $232,999
2015 $5,242 $270,000 $40,500 $229,500
2014 $3,508 $122,955 $18,443 $104,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19191136

California Regional Multiple Listing Service (CRMLS)

APN: 3132-008-002