NOT LISTED FOR SALE

45805 Salton St Indio, CA 92201

Estimated Value: $331,000 - $808,000

Studio
-- Bath
-- Sq Ft
6,534 Sq Ft Lot

Last Sold August 30, 2019

Last sale price $565,100

Est. 8% increase in value since last sale

Current estimated payment $3,736/month

19 Days on Market

About This Home

As of August 2019

Amazing unique property-Investors look no more!!This two 4 plex each one with its own APN # -- one is APN# 611-371-020-1-- APN# 611-371-019-1 completely remodeled!! 4 units have 1/1 2 units have 2/1 and 2 studios....New Mini splits in all units,Fenced all around for privacy each one with private court yard. Don't miss this opportunity to own your own investment property.Thank you

Last Agent to Sell the Property

Rosa Rodriguez

HomeSmart License #01212897 Listed on: 08/08/2019

HomeSmart

Last Buyer's Agent

Christopher Dumayas

MZ BROKERAGE INC. License #01954052

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 6,498

Schools

  • Indio High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Property is located within a water district
  • Gas Water Heater

Additional Features

  • 1-Story Property
  • 6,498 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 611371019

Community Details

Overview

  • 2 Buildings
  • 8 Units

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

6,498 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Price Per Unit: 70625.00
  • Builders Tract Code: NA311
  • Lp Sp Ratio: 1.0002
  • Water District Name: CVWD
  • Year Built: 1972
  • Internal Listing I D: 20190824090920162432000000
  • Listing I D: 219021523
  • Listing Member Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Listing Member Fax: (760) 424-3404
  • Listing Office Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Listing Office Fax: (760) 844-7550
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 2234 E. Colorado Blvd., Pasadena, CA 91107
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None
  • Property Sub Type: MultiFamily

Utilities

  • Number Electric Meters: 8
  • Number Water Meters: 1
  • Cooling Type: Wall/Window Unit(s)
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas
  • Number Gas Meter: 8
  • Water Heater: Yes

Lot Info

  • Assessor Parcel Number: 611371019
  • Lot Size: 6498.00

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Units: 8

MLS Schools

  • High School: Indio
  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2021
Sold by
Golden Opportunity No 17 Lp
Bought by
Flazer 17 Lp
Current Estimated Value
$612,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,591,250
Outstanding Balance
$10,524,157
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
-$9,911,490

Purchase Details

Listed on
Aug 8, 2019
Closed on
Aug 26, 2019
Sold by
Lopez Job Portillo and Lopez Wendy Barajas
Bought by
Golden Opportunity 17 Lp
Seller's Agent
Rosa Rodriguez
HomeSmart
Buyer's Agent
Christopher Dumayas
MZ BROKERAGE INC.
List Price
$565,000
Sold Price
$565,100
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.24%

Purchase Details

Closed on
May 2, 2014
Sold by
Lopez Job Portillo
Bought by
Lopez Job Portillo and Lopez Wendy Barajas

Purchase Details

Closed on
Jan 24, 2011
Sold by
Lopez Wendy Barajas
Bought by
Lopez Job Portillo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 23, 2011
Sold by
Padilla Efren
Bought by
Lopez Job Portillo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 14, 2010
Sold by
Olivares Daniel
Bought by
Diamante Ra Llc

Purchase Details

Closed on
Apr 16, 2010
Sold by
Aurora Loan Services Llc
Bought by
Olivares Daniel

Purchase Details

Closed on
Mar 9, 2010
Sold by
Cervantes Luis Humberto
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Jul 3, 2008
Sold by
Cervantes Luis Humberto
Bought by
Cervantes Luis Humberto and Portillo Elizabeth

Purchase Details

Closed on
Mar 6, 2007
Sold by
Portillo Elizabeth
Bought by
Cervantes Luis Humberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
7.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 14, 2007
Sold by
Wasserman Lawrence David
Bought by
Cervantes Luis Humberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
7.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 9, 2005
Sold by
Bescos Paul E
Bought by
Mohtashemian Seyed H and Amirarshadi Afra

Purchase Details

Closed on
Mar 26, 2001
Sold by
Norwest Bank Minnesota Na
Bought by
Wasserman Howard D

Purchase Details

Closed on
Oct 11, 2000
Sold by
Lopez and Robert
Bought by
Norwest Bank Minnesota Na

Purchase Details

Closed on
Feb 26, 1997
Sold by
Nava Vilma
Bought by
Lopez Ermelinda and Lopez Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
9.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 2, 1995
Sold by
Clark Walter T and Clark Jeannettte C
Bought by
Nava Vilma and Lopez Ermlinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 13, 1994
Sold by
Topolski Nancy
Bought by
Topolski Joseph
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Flazer 17 Lp -- Orange Coast Title Co
Golden Opportunity 17 Lp $565,500 Lawyers Title Ie
Lopez Job Portillo -- None Available
Lopez Job Portillo -- Lawyers Title
Lopez Job Portillo $110,000 Lawyers Title
Diamante Ra Llc $67,500 None Available
Olivares Daniel $67,500 Fidelity National Title Co
Aurora Loan Services Llc $354,515 Servicelink
Cervantes Luis Humberto -- Accommodation
Cervantes Luis Humberto -- Equity Title Company
Cervantes Luis Humberto $370,000 Equity Title Company
Mohtashemian Seyed H $100,000 Fidelity Natl Title Ins Co
Wasserman Howard D $140,000 Benefit Land Title
Norwest Bank Minnesota Na $108,393 Fidelity National Title
Lopez Ermelinda -- Chicago Title Co
Nava Vilma -- Commonwealth Land Title
Topolski Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flazer 17 Lp $11,591,250
Previous Owner Lopez Job Portillo $160,000
Previous Owner Cervantes Luis Humberto $296,000
Previous Owner Lopez Ermelinda $87,500
Previous Owner Nava Vilma $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2019 08/30/19 Sold $565,100 0.0% --
08/08/2019 08/08/19 For Sale $565,000 -- --
Source: California Desert Association of REALTORS®

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 $6,587 $309,006 $92,701 $216,305
2023 $6,587 $297,008 $89,102 $207,906
2022 $5,996 $291,185 $87,355 $203,830
2021 $5,276 $285,477 $85,643 $199,834
2020 $5,844 $282,550 $84,765 $197,785
2019 $3,837 $126,327 $22,965 $103,362
2018 $3,714 $123,851 $22,516 $101,335
2017 $3,680 $121,424 $22,075 $99,349
2016 $3,691 $119,044 $21,643 $97,401
2015 $3,518 $117,258 $21,319 $95,939
2014 $3,482 $114,962 $20,902 $94,060
Source: Public Records

Agents Affiliated with this Home

  • Rosa Rodriguez

    Seller's Agent in 2019

    Rosa Rodriguez

    HomeSmart

    (760) 578-5865

    43 in this area

    140 Total Sales

    Rosa Rodriguez
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219021523

California Desert Association of REALTORS®

APN: 611-371-019

California Riverside County Indio 92201

45805 Salton St, Indio, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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