NOT LISTED FOR SALE

Estimated Value: $1,294,955 - $2,753,000

4 Beds
3 Baths
1,960 Sq Ft
$1,033/Sq Ft Est. Value

Last Sold November 16, 2018

Last sale price $870,000 $444 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $12,496/month

Highlights

  • Private Yard
  • No HOA
  • Laundry Room

About This Home

As of November 2018

2 Separate unit on one lot. a 3 Br. and a 1 Br. Units. both currently occupied. Drive by only. Interior inspection with accepted offer. large 9049 sq. ft. RD1.5 Lot. Check for Development options. Tenant pay their own utilities.

Last Agent to Sell the Property

Chuck Azzuz

Metro Realty Cntr,Inc. License #00920937 Listed on: 10/24/2018

Last Buyer's Agent

Chuck Azzuz

Metro Realty Cntr,Inc. License #00920937 Listed on: 10/24/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,195

Year Built

  • Built in 1954

Lot Details

  • 9,049 Sq Ft Lot
  • No Common Walls
  • Front Yard Sprinklers
  • Private Yard
  • Back and Front Yard

Parking

  • 4 Car Garage

Home Design

  • 1,960 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 5473
  • Assessor Parcel Number 2419011012

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $788
  • Maintenance Expense $1,500
  • Trash Expense $120
  • New Taxes Expense $9,550
  • Operating Expense $13,108
  • Gross Income $47,672
  • Net Operating Income $41,171

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,195

Year Built

Built in 1954

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 2419011012
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 443.88

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, In Garage
  • Sewer: Public Sewer
  • Trash Expense: 120.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot 6500-9999, Sprinklers In Front, Yard
  • Lot Size Sq Ft: 9049.00
  • Lot Size Acres: 0.2077

Multi Family

  • Gross Income: 47672.00
  • Gross Scheduled Income: 47672.00
  • Insurance Expense: 788.00
  • Lot Size Area: 9049.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 41171.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 6500.00
  • Rent Control: Yes
  • Total Expenses: 13108.00

Tax Info

  • New Taxes Expense: 9550.00
  • Tax Census Tract: 1255.01
  • Tax Lot: 24
  • Tax Tract Number: 5473

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2018
Closed on
Nov 5, 2018
Sold by
Takayesu Michiko and Takayesu Hiromichi
Bought by
Clarendon 22641 Llc
Seller's Agent
Chuck Azzuz
Metro Realty Cntr,Inc.
Buyer's Agent
Chuck Azzuz
Metro Realty Cntr,Inc.
List Price
$795,000
Sold Price
$870,000
Premium/Discount to List
$75,000
9.43%
Current Estimated Value
$2,023,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,153,978
Avg. Annual Appreciation
12.84%
Original Mortgage
$565,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2011
Sold by
Takayesu Hiromichi and Takayesu Michiko
Bought by
Takayesu Hiromichi and Takayesu Michiko
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
Clarendon 22641 Llc $870,000 Ticor Title Company
Takayesu Hiromichi -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Clarendon 22641 Llc $565,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2018 11/16/18 Sold $870,000 +9.4% $444 / Sq Ft
10/28/2018 10/28/18 Pending -- -- --
10/24/2018 10/24/18 For Sale $795,000 -- $406 / 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 $22,195 $1,778,638 $669,309 $1,109,329
2024 $21,793 $1,743,764 $656,186 $1,087,578
2023 $11,549 $932,814 $643,320 $289,494
2022 $11,014 $914,524 $630,706 $283,818
2021 $10,877 $896,593 $618,340 $278,253
2020 $10,986 $887,800 $612,000 $275,800
2019 $10,552 $870,400 $600,000 $270,400
2018 $2,763 $211,596 $91,032 $120,564
2016 $2,624 $202,998 $87,499 $115,499
2015 $2,588 $199,950 $86,185 $113,765
2014 $2,611 $196,034 $84,497 $111,537
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18258368

California Regional Multiple Listing Service (CRMLS)

APN: 2419-011-012