NOT LISTED FOR SALE
10 Beds
5 Baths
4,000 Sq Ft
0.36 Acre Lot

Sale Details

Date Sold: December 19, 2014

Last sale price $604,000 $151 Per Sq Ft

123 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Cooling Available
  • 0.36 Acre Lot
  • Circular Driveway
  • 5-minute walk to Monte Vista Park

About This Home

As of December 2014

What an incredible opportunity to own your first investment property or add on to your Income Property portfolio. Priced to sell, units are occupied, with established renters and are generating income. Ideal owner or non-owner occupied investment property. You can live in the front unit and rent out the back two. Here are some information about each units:
Front unit - 3 bed, 1 ba no garage, laundry hook ups, stove, dishwasher, no central air, some newer windows, granite kitchen counter
Back unit A - 3 bed, 2 ba, laundry hook ups/washer and dryer included, carport only, central air, granite kitchen counter
Back unit B - 4 bed, 2 ba, laundry hook ups, 2 car garage, central air, some newer windows, granite kitchen counter
All units are in fairly good condition, nice front yard, property has a roomy circular driveway. Location, location, location! Close to shopping, schools and easy access to the 71, 60 and 10 freeways. Don't miss out on this great property, seller is motivated...Sell to your investors today! Title says 2 unit, back unit was divided in two with construction permits. The buyer is to complete thorough investigations before the close of escrow. Information contained herein is deemed reliable but is not guaranteed.

Last Agent to Sell the Property

Jeannie Madali

Gamester Real Estate License #01503474 Listed on: 07/23/2014

Last Buyer's Agent

Gabriela Aspiazu

Homequest Real Estate License #01408986

Homequest Real Estate
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,444

Year Built

  • Built in 1925

Lot Details

  • 15,800 Sq Ft Lot
  • No Units Above
  • 1 Common Wall
  • Front Yard

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Circular Driveway

Home Design

  • 4,000 Sq Ft Home
  • Bungalow
  • Property Attached
  • Additions or Alterations

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Additional Features

  • Suburban Location
  • Cooling Available

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 5
  • Assessor Parcel Number 1020312300000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,440
  • Fuel Expense $900
  • Insurance Expense $1,800
  • Professional Management Expense $3,402
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • New Taxes Expense $3,363
  • Operating Expense $12,705
  • Gross Income $4,145
  • Net Operating Income $39,888

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,444

Year Built

Built in 1925

Lot Details

0.36 Acres

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 5.50
  • Professional Management Expense: 3402.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 1200.00
  • Architectural Style: Bungalow
  • Property Condition: Additions/Alterations
  • Property Type: Residential Income
  • Parcel Number: 1020312300000
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall, No One Above
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 151.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Circular Driveway, Carport, Concrete, Garage
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 15800.00
  • Lot Size Acres: 0.3630

Multi Family

  • Electric Expense: 1440.00
  • Fuel Expense: 900.00
  • Gross Income: 4145.00
  • Gross Scheduled Income: 49740.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 15800.0000 Square Feet
  • Net Operating Income: 39888.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 10752.00
  • Other Income2: 45.00
  • Other Income Description: Utility
  • Rent Control: No
  • Total Actual Rent: 4100.00
  • Total Expenses: 12705.00

Tax Info

  • New Taxes Expense: 3363.00
  • Tax Lot: 18
  • Tax Tract Number: 0005
  • Tax Annual Amount: 3444.00
  • Tax Year: 2013

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2017
Sold by
Bought by

Purchase Details

Listed on
Jul 23, 2014
Closed on
Dec 5, 2014
Sold by
Bought by
Seller's Agent
Jeannie Madali
Gamester Real Estate
Buyer's Agent
Gabriela Aspiazu
Homequest Real Estate
List Price
$629,900
Sold Price
$604,000
Premium/Discount to List
-$25,900
-4.11%

Purchase Details

Closed on
Mar 8, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 27, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$604,000 Lawyers Title
$307,000 Westminster Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $43,718
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/19/2014 12/19/14 Sold $604,000 -4.1% $151 / Sq Ft
11/23/2014 11/23/14 Pending -- -- --
07/23/2014 07/23/14 For Sale $629,900 -- $157 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $52 $740,435 $269,695 $470,740
2025 $52 $725,917 $264,407 $461,510
2024 $52 $711,684 $259,223 $452,461
2023 $52 $697,729 $254,140 $443,589
2022 $52 $684,048 $249,157 $434,891
2021 $50 $670,636 $244,272 $426,364
2020 $50 $663,759 $241,767 $421,992
2019 $50 $650,744 $237,026 $413,718
2018 $50 $637,984 $232,378 $405,606
2017 $1,502 $625,475 $227,822 $397,653
2016 $1,406 $613,211 $223,355 $389,856
2015 $3,504 $329,728 $114,921 $214,807
2014 $3,436 $323,269 $112,670 $210,599
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG14157612

California Regional Multiple Listing Service (CRMLS)

APN: 1020-312-30

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