NOT LISTED FOR SALE

Estimated Value: $347,000 - $485,000

2 Beds
2 Baths
1,612 Sq Ft
$262/Sq Ft Est. Value

Last Sold October 11, 2024

Last sale price $425,000 $264 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,487/month

117 Days on Market

Highlights

  • Laundry Room
  • Rectangular Lot
  • 1-Story Property
  • Central Heating

About This Home

As of October 2024

- 1977 Construction Duplex With Two 2BR / 1.75BA Units
- Property Features Two Single-Car Garages, Surface Parking, and Private Backyards
-18 Percent Rental Upside
- Duplex is Set Back From the Road By a Very Large Underutilized Front Yard Area

Last Agent to Sell the Property

Steve Bogoyevac

Steven M. Bogoyevac, Broker Brokerage Email: steve.bogoyevac@marcusmillichap.com License #01332755 Listed on: 06/09/2024

Co-Listed By

David O'Keefe

Marcus & Millichap Brokerage Email: steve.bogoyevac@marcusmillichap.com License #01928739

Last Buyer's Agent

Jessica Bernal

REALTY MASTERS & ASSOCIATES License #01826710

REALTY MASTERS & ASSOCIATES

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 6,098 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,612 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 1 / 4
  • Assessor Parcel Number 437101001
  • $158 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: R2
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 437101001
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 263.65

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Lot Size Area: 6098.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 436.01
  • Tax Lot: 1
  • TaxOtherAnnualAssessmentAmount: 158.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2024
Closed on
Sep 18, 2024
Sold by
Ness Family Living And Revocable Trust and Janssen Terry L
Bought by
Enriquez Andres Hernandez and Hernandez Lucia E
Seller's Agent
Steve Bogoyevac
Steven M. Bogoyevac, Broker
Buyer's Agent
Jessica Bernal
REALTY MASTERS & ASSOCIATES
List Price
$2,255,000
Sold Price
$425,000
Premium/Discount to List
-$1,830,000
-81.15%
Views
25
Current Estimated Value
$440,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,147
Avg. Annual Appreciation
-0.44%
Original Mortgage
$318,750
Outstanding Balance
$315,085
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$107,629

Purchase Details

Closed on
Oct 17, 2013
Sold by
Janssen Terry J
Bought by
Janssen Terry L and Janssen Patricia Marie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Enriquez Andres Hernandez $425,000 Ticor Title
Janssen Terry L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Enriquez Andres Hernandez $318,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2024 10/11/24 Sold $425,000 0.0% $264 / Sq Ft
10/04/2024 10/04/24 Pending -- -- --
08/16/2024 08/16/24 Price Changed $425,000 -81.2% $264 / Sq Ft
06/09/2024 06/09/24 For Sale $2,255,000 -- $1,399 / 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 $2,167 $425,000 $95,000 $330,000
2023 $2,167 $171,305 $45,068 $126,237
2022 $2,117 $167,947 $44,185 $123,762
2021 $2,084 $164,655 $43,319 $121,336
2020 $2,070 $162,967 $42,875 $120,092
2019 $2,033 $159,773 $42,035 $117,738
2018 $1,996 $156,641 $41,212 $115,429
2017 $1,957 $153,570 $40,404 $113,166
2016 $1,870 $150,560 $39,612 $110,948
2015 $1,847 $148,301 $39,018 $109,283
2014 $1,505 $120,000 $30,000 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24117554

California Regional Multiple Listing Service (CRMLS)

APN: 437-101-001