NOT LISTED FOR SALE

Estimated Value: $948,000 - $1,118,959

5 Beds
2 Baths
1,662 Sq Ft
$612/Sq Ft Est. Value

Last Sold March 18, 2015

Last sale price $456,000 $274 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $6,108/month

32 Days on Market

Highlights

  • Laundry Room
  • 2 Car Garage
  • 1-minute walk to Montecito Heights Community Center and Park
  • Abraham Lincoln High School Rated A
  • Wall Furnace

About This Home

As of March 2015

Excellent opportunity to buy a duplex in the desirable area of Montecito Heights. Close to Shopping Centers, Freeways, Park and Dodger Stadium. The property consists of 2 units ( Front House is 3 Bedrooms and 1 Bath and Back Unit is 2 Bedrooms and 1 Bath) Incredible opportunity for the savvy investor or an owner occupant...live in one unit and rent the other & start living your dream. DRIVE BY ONLY, PLEASE!

Last Agent to Sell the Property

Ramon Cardenas

Century 21 Allstars License #01756954 Listed on: 02/09/2015

Century 21 Allstars

Last Buyer's Agent

Daniel Estrada

Keller Williams Realty License #01891992

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,760

Year Built

  • Built in 1911

Lot Details

  • 7,991 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available

Interior Spaces

  • 1,662 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 1993
  • Assessor Parcel Number 5303004008

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,760

Year Built

Built in 1911

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5303004008
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Price Per Square Foot: 274.37

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7991.00
  • Lot Size Acres: 0.1830

Multi Family

  • Lot Size Area: 7991.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 20
  • Tax Tract Number: 1993
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2021
Sold by
Tang Cha Rie
Bought by
Hubbard Mei Ling
Current Estimated Value
$1,017,740

Purchase Details

Listed on
Feb 9, 2015
Closed on
Feb 6, 2015
Sold by
Sanchez Donna K
Bought by
The Bruce D Hubbard & Cha Rie Tang Revoc
Seller's Agent
Ramon Cardenas
Century 21 Allstars
Buyer's Agent
Daniel Estrada
Keller Williams Realty
List Price
$450,000
Sold Price
$456,000
Premium/Discount to List
$6,000
1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$342,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2014
Sold by
Sanchez Rudolpho
Bought by
Sanchez Donna K

Purchase Details

Closed on
Apr 1, 2011
Sold by
Sanchez Rudolpho and Sanchez Rodolfo
Bought by
Sanchez Rudolpho and Sanchez Donna K

Purchase Details

Closed on
Aug 9, 2010
Sold by
Sanchez Carlos and Martinez Angela M
Bought by
Sanchez Rodolfo

Purchase Details

Closed on
Feb 21, 2006
Sold by
Sanchez Mary
Bought by
Sanchez Mary and Mary Sanchez Living 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
Hubbard Mei Ling -- None Available
Tang Cha Rie -- None Available
The Bruce D Hubbard & Cha Rie Tang Revoc $456,000 Stewart Title
Sanchez Donna K -- None Available
Sanchez Rudolpho -- None Available
Sanchez Rodolfo -- None Available
Sanchez Mary -- None Available
Sanchez Mary -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tang Cha Rie $200,000
Previous Owner The Bruce D Hubbard & Cha Rie Tang Revoc $342,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2015 03/18/15 Sold $456,000 +1.3% $274 / Sq Ft
02/09/2015 02/09/15 Pending -- -- --
01/08/2015 01/08/15 For Sale $450,000 -- $271 / 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 $6,760 $548,034 $411,028 $137,006
2024 $6,760 $537,289 $402,969 $134,320
2023 $6,632 $526,755 $395,068 $131,687
2022 $6,330 $516,427 $387,322 $129,105
2021 $6,330 $506,302 $379,728 $126,574
2020 $6,390 $501,112 $375,835 $125,277
2019 $6,145 $491,287 $368,466 $122,821
2018 $6,010 $481,655 $361,242 $120,413
2016 $5,738 $462,953 $347,215 $115,738
2015 $653 $36,259 $17,314 $18,945
2014 $671 $35,549 $16,975 $18,574
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15004619

California Regional Multiple Listing Service (CRMLS)

APN: 5303-004-008