NOT LISTED FOR SALE

Estimated Value: $885,000 - $1,017,000

4 Beds
3 Baths
3,960 Sq Ft
$237/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $650,000 $164 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,738/month

5 Days on Market

About This Home

As of December 2020

Great Opportunity, this Quadruplex building features 3 units townhouse style 2beds 2baths, 1 unit above garage 2 beds 1bath, All unit have Central AC/ Heating, Each unit has a single car garage attached to building with washer/dryer hookups, most of them are updated, 2 units have own enclosed patio, great passive income.

Last Agent to Sell the Property

Cecilia Hernandez

First Union Real Estate License #01874239 Listed on: 10/14/2020

Last Buyer's Agent

Yesenia Pincombe

REAZ Realty License #02038414

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,740

Year Built

  • Built in 1978

Lot Details

  • 9,800 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage
  • Parking Available

Home Design

  • Property Attached

Interior Spaces

  • 3,960 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 18 / 2
  • Tax Tract Number 1862
  • Assessor Parcel Number 0154193360000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Trash Expense $1,836
  • Water Sewer Expense $3,000
  • Operating Expense $6,630
  • Gross Income $56,580
  • Net Operating Income $49,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,740

Year Built

Built in 1978

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Parcel Number: 0154193360000
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 164.14

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1836.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 9800.00
  • Lot Size Acres: 0.2250

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 56580.00
  • Gross Scheduled Income: 56580.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 9800.0000 Square Feet
  • Net Operating Income: 49950.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 6630.00
  • Rent Control: No
  • Total Actual Rent: 57900.00
  • Total Expenses: 6630.00

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 45.05
  • Tax Lot: 18
  • Tax Tract Number: 1862

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2024
Sold by
Reichenbach William Jonathan
Bought by
Reichenbach Family Trust and Reichenbach
Current Estimated Value
$940,435

Purchase Details

Listed on
Oct 14, 2020
Closed on
Nov 10, 2020
Sold by
Asbin Llc
Bought by
Reichenbach William Jonathan
Seller's Agent
Cecilia Hernandez
First Union Real Estate
Buyer's Agent
Yesenia Pincombe
REAZ Realty
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%
Original Mortgage
$477,750
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2020
Closed on
Oct 22, 2020
Sold by
Pincombe Yesenia
Bought by
Reichenbach William Jonathan
Seller's Agent
Cecilia Hernandez
First Union Real Estate
Buyer's Agent
Yesenia Pincombe
REAZ Realty
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,750
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2019
Sold by
Nabati Ali and Soltani Kobra
Bought by
Asbin Llc

Purchase Details

Closed on
Jul 27, 2018
Sold by
Asbin Llc
Bought by
Nabati Ali and Sottani Kobra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2018
Sold by
Asbin Llc
Bought by
Nabati Ali and Soltani Kobra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 7, 2016
Closed on
Sep 7, 2016
Sold by
Artitaya Taing Heng Hak and Artitaya Homkrajae
Bought by
Asbin Llc
Seller's Agent
Katelyn Huynh
Aegis Real Estate and REO Inc.
Buyer's Agent
Cecilia Hernandez
First Union Real Estate
List Price
$447,000
Sold Price
$447,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%

Purchase Details

Closed on
Sep 24, 2009
Sold by
The Reo Group Inc
Bought by
Taing Heng Hak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2009
Sold by
Vanaken George G
Bought by
The Reo Group Inc

Purchase Details

Closed on
Dec 27, 2004
Sold by
Kochavi Ramon and Kochavi Mariah
Bought by
Vanaken George G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2004
Sold by
Grewal Harnek S and Grewal Preet M K
Bought by
Kochavi Ramon and Kochavi Mariah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 1998
Sold by
Grewal Harnek S and Grewal Preet
Bought by
Grewal Harnek S and Grewal Preet M K

Purchase Details

Closed on
Nov 26, 1996
Sold by
Montoya Louis V and Montoya Barbara R
Bought by
Grewal Harnek S and Grewal Preet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.59%
Source: Public Records

Range of Values:

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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
Reichenbach Family Trust -- None Listed On Document
Reichenbach William Jonathan $650,000 Lawyers Title Company
Reichenbach William Jonathan -- Lawyers Title Company
Asbin Llc -- None Available
Nabati Ali -- Lawyers Title Company
Nabati Ali -- Lawyers Title
Asbin Llc $445,000 Title 365
Taing Heng Hak $235,000 Stewart Title Of California
The Reo Group Inc $86,300 None Available
Vanaken George G -- First American
Kochavi Ramon -- First American
Grewal Harnek S -- --
Grewal Harnek S $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reichenbach William Jonathan $477,750
Previous Owner Nabati Ali $285,000
Previous Owner Nabati Ali $550,000
Previous Owner Taing Heng Hak $146,000
Previous Owner Taing Heng Hak $146,250
Previous Owner Vanaken George G $104,490
Previous Owner Vanaken George G $372,000
Previous Owner Kochavi Ramon $50,000
Previous Owner Kochavi Ramon $210,000
Previous Owner Grewal Harnek S $119,000
Previous Owner Grewal Harnek S $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2020 12/17/20 Sold $650,000 0.0% $164 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
10/14/2020 10/14/20 For Sale $650,000 +45.4% $164 / Sq Ft
09/09/2016 09/09/16 Sold $447,000 0.0% $113 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
08/07/2016 08/07/16 For Sale $447,000 -- $113 / 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 $8,740 $703,580 $108,243 $595,337
2024 $8,740 $689,785 $106,121 $583,664
2023 $8,523 $676,260 $104,040 $572,220
2022 $8,545 $663,000 $102,000 $561,000
2021 $8,568 $477,130 $53,610 $423,520
2020 $6,354 $472,237 $53,060 $419,177
2019 $7,101 $535,500 $127,500 $408,000
2018 $6,090 $453,900 $51,000 $402,900
2017 $5,903 $261,374 $33,367 $228,007
2016 $3,426 $256,249 $32,713 $223,536
2015 $3,340 $252,400 $32,222 $220,178
2014 $3,247 $247,456 $31,591 $215,865
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20217075

California Regional Multiple Listing Service (CRMLS)

APN: 0154-193-36