NOT LISTED FOR SALE

Estimated Value: $784,000 - $1,078,135

8 Beds
4 Baths
3,000 Sq Ft
$326/Sq Ft Est. Value

Last Sold February 01, 2017

Last sale price $575,000 $192 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,962/month

5 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • Wrought Iron Fence
  • Balcony
  • Ceiling Fan
  • 4-minute walk to East Rancho Dominguez Park

About This Home

As of February 2017

WELL KEEP UNITS IN GREAT RENTAL AREA, ALL 2/1 BATHS WITH LAUNDRY ROOMS, 4 CARPORT PARKING, COMPLETELY GATED/LOW MAINTENANCE.
ALL UNITS RECENTLY UPDATED WITH PAINTS, TITLE FLOORS, CARPETS/100% OCCUPIED WITH MONTHLY RENTS COLLECT $4650.00

UNITS CLOSE TO FREEWAY, PARK, SCHOOL, SHOPPING.

Last Agent to Sell the Property

Navy Ortiz

Bronwyn Realty Inc License #01746268 Listed on: 12/28/2016

Last Buyer's Agent

Navy Ortiz

Bronwyn Realty Inc License #01746268 Listed on: 12/28/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 3,943 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Wrought Iron Fence
  • Private Yard

Home Design

  • Property Attached
  • Fire Rated Drywall
  • Shingle Roof
  • Partial Copper Plumbing

Interior Spaces

  • 3,000 Sq Ft Home
  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Gas And Electric Dryer Hookup

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • Balcony
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 3
  • Tax Tract Number 7240
  • Assessor Parcel Number 6180021003

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $750
  • Trash Expense $650
  • Water Sewer Expense $4,200
  • New Taxes Expense $7,250
  • Operating Expense $12,850
  • Gross Income $42,950
  • Net Operating Income $42,950

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • View: No
  • Water Sewer Expenses: 4200.00
  • Zoning: LCC3VV
  • Property Type: Residential Income
  • Parcel Number: 6180021003
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Ceiling Fan(s), Copper Plumbing Partial
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 191.67

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Drywall Walls

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 650.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft, Yard
  • Lot Size Sq Ft: 3943.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 42950.00
  • Gross Scheduled Income: 55800.00
  • Insurance Expense: 750.00
  • Net Operating Income: 42950.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 12850.00
  • Rent Control: No
  • Total Expenses: 12850.00

Tax Info

  • New Taxes Expense: 7250.00
  • Tax Census Tract: 5421.06
  • Tax Lot: 3
  • Tax Tract Number: 7240

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2016
Closed on
Dec 30, 2016
Sold by
Han Kenneth
Bought by
Kim Al Yong and Lee Grace Hee
Seller's Agent
Navy Ortiz
Bronwyn Realty Inc
Buyer's Agent
Navy Ortiz
Bronwyn Realty Inc
List Price
$585,000
Sold Price
$575,000
Premium/Discount to List
-$10,000
-1.71%
Current Estimated Value
$979,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,034
Avg. Annual Appreciation
6.20%
Original Mortgage
$345,000
Outstanding Balance
$172,094
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$806,940

Purchase Details

Listed on
Jun 14, 2013
Closed on
Sep 26, 2013
Sold by
Han Sun K
Bought by
Ham Kenneth
Seller's Agent
Steve Gamez
P.R.S. Properties
Buyer's Agent
Navy Ortiz
Bronwyn Realty Inc
List Price
$449,000
Sold Price
$415,000
Premium/Discount to List
-$34,000
-7.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.29%
Original Mortgage
$300,000
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2013
Sold by
Dassanayake Nalin
Bought by
Aslan Residential Vi Llc

Purchase Details

Closed on
Apr 22, 2013
Sold by
Dassanayake Nalinda
Bought by
Saman Ii Llc

Purchase Details

Closed on
May 18, 2012
Sold by
Dassanayake Nalindra and Dassanayake Nalin
Bought by
Bern 2000 Llc

Purchase Details

Closed on
Mar 13, 2007
Sold by
King Milton and Estate Of Milton King Sr
Bought by
Dassanayake Nalin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,500
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
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
Kim Al Yong $575,000 Orange Coast Title Co Socal
Ham Kenneth -- First American Title Company
Han Kenneth $415,000 First American Title Company
Aslan Residential Vi Llc -- None Available
Saman Ii Llc -- None Available
Bern 2000 Llc $10,000 None Available
Dassanayake Nalin $615,000 Advantage Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Al Yong $345,000
Previous Owner Han Kenneth $300,000
Previous Owner Dassanayake Nalin $430,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/01/2017 02/01/17 Sold $575,000 -1.7% $192 / Sq Ft
01/02/2017 01/02/17 Pending -- -- --
12/28/2016 12/28/16 For Sale $585,000 +41.0% $195 / Sq Ft
10/03/2013 10/03/13 Sold $415,000 -7.6% $138 / Sq Ft View Prior Sale
08/16/2013 08/16/13 Pending -- -- --
06/02/2013 06/02/13 For Sale $449,000 -- $150 / 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 $9,984 $667,331 $232,114 $435,217
2024 $9,984 $654,247 $227,563 $426,684
2023 $9,526 $641,419 $223,101 $418,318
2022 $8,915 $628,843 $218,727 $410,116
2021 $9,068 $616,514 $214,439 $402,075
2019 $8,825 $598,230 $208,080 $390,150
2018 $8,620 $586,500 $204,000 $382,500
2016 $6,648 $429,746 $181,218 $248,528
2015 $6,335 $423,291 $178,496 $244,795
2014 $6,244 $415,000 $175,000 $240,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS16768226

California Regional Multiple Listing Service (CRMLS)

APN: 6180-021-003