NOT LISTED FOR SALE

Estimated Value: $899,589 - $1,216,000

6 Beds
3 Baths
2,064 Sq Ft
$532/Sq Ft Est. Value

Last Sold June 07, 2019

Last sale price $690,000 $334 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $6,597/month

39 Days on Market

Highlights

  • Laundry Room
  • Central Heating
  • Back and Front Yard
  • Morningside Elementary School Rated A
  • 2 Car Garage

About This Home

As of June 2019

CASH ONLY!!! Zone R2!!! Location! Location! Close to Euclid & Westminster. Front unit was built in the 1920s, features 2 beds, 1 bath about 760 sqft. Front unit is a fixer and might not qualify for financing. Back unit was built in the 1970s, features 4 beds, 2 baths about 1300 sqft. The lot is about 8900 sqft. Both occupied by long time tenants on month to month leases. Close to shopping centers, FWYs, good schools, and much more. Perfect for investors with steady income or for buyers to live in one unit and rent out the other to help with mortgage. Property sold "as is"! Do not disturb tenants!

Last Agent to Sell the Property

Amanda Lam

Gold Key Realty Corporation License #01932778 Listed on: 04/15/2019

Last Buyer's Agent

Amanda Lam

Gold Key Realty Corporation License #01932778 Listed on: 04/15/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,085

Year Built

  • Built in 1922

Lot Details

  • 8,908 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Parking

  • 2 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Driveway

Interior Spaces

  • 2,064 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 10017011

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Trash Expense $600
  • Water Sewer Expense $1,800
  • New Taxes Expense $9,400
  • Operating Expense $12,400
  • Gross Income $42,000
  • Net Operating Income $29,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,085

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Defined
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Parcel Number: 10017011
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 334.30

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 8908.00
  • Lot Size Acres: 0.2045

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 42000.00
  • Gross Scheduled Income: 42000.00
  • Insurance Expense: 600.00
  • Lot Size Area: 8908.0000 Square Feet
  • Net Operating Income: 29600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 12400.00
  • Rent Control: No
  • Total Expenses: 12400.00

Tax Info

  • New Taxes Expense: 9400.00
  • Tax Area: 11070
  • Tax Census Tract: 890.01
  • Tax Lot: 0000
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2023
Sold by
Dang Kevin Hoangminh and Dang Cam-Hanh
Bought by
Natika Holding Llc
Current Estimated Value
$1,097,147

Purchase Details

Listed on
Apr 15, 2019
Closed on
May 31, 2019
Sold by
Trinh Cam Hanh Thi
Bought by
Dang Kevin Hoang Minh
Seller's Agent
Amanda Lam
Gold Key Realty Corporation
Buyer's Agent
Amanda Lam
Gold Key Realty Corporation
List Price
$839,000
Sold Price
$690,000
Premium/Discount to List
-$149,000
-17.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%
Original Mortgage
$521,000
Interest Rate
4.2%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Apr 15, 2019
Closed on
May 28, 2019
Sold by
To Letu T
Bought by
Vanpham Son Van
Seller's Agent
Amanda Lam
Gold Key Realty Corporation
Buyer's Agent
Amanda Lam
Gold Key Realty Corporation
List Price
$839,000
Sold Price
$690,000
Premium/Discount to List
-$149,000
-17.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,000
Interest Rate
4.2%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Apr 15, 2019
Closed on
May 24, 2019
Sold by
Vanpham Son Van
Bought by
Dang Kevin Hoang Minh
Seller's Agent
Amanda Lam
Gold Key Realty Corporation
Buyer's Agent
Amanda Lam
Gold Key Realty Corporation
List Price
$839,000
Sold Price
$690,000
Premium/Discount to List
-$149,000
-17.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,000
Interest Rate
4.2%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 11, 2004
Sold by
Nguyen Hong Thi
Bought by
Vanpham Son Van
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
Natika Holding Llc -- None Listed On Document
Dang Kevin Hoangminh -- None Listed On Document
Dang Kevin Hoang Minh -- Fidelity National Title Co
Vanpham Son Van -- Fidelity National Title Co
Dang Kevin Hoang Minh $690,000 Fidelity National Title Co
Vanpham Son Van -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dang Kevin Hoang Minh $521,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2019 06/07/19 Sold $690,000 -1.4% $334 / Sq Ft
05/24/2019 05/24/19 Pending -- -- --
05/21/2019 05/21/19 Price Changed $699,999 -6.7% $339 / Sq Ft
05/13/2019 05/13/19 Price Changed $749,999 -6.3% $363 / Sq Ft
04/24/2019 04/24/19 Price Changed $799,999 -4.6% $388 / Sq Ft
04/15/2019 04/15/19 For Sale $839,000 -- $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 $9,085 $783,028 $653,115 $129,913
2024 $9,085 $767,675 $640,309 $127,366
2023 $8,921 $752,623 $627,754 $124,869
2022 $8,617 $728,504 $615,445 $113,059
2021 $8,465 $711,091 $603,378 $107,713
2020 $8,362 $703,800 $597,191 $106,609
2019 $3,095 $231,460 $113,286 $118,174
2018 $3,022 $226,922 $111,065 $115,857
2017 $2,991 $222,473 $108,887 $113,586
2016 $2,869 $218,111 $106,752 $111,359
2015 $2,831 $214,835 $105,148 $109,687
2014 $2,765 $210,627 $103,088 $107,539
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19087024

California Regional Multiple Listing Service (CRMLS)

APN: 100-170-11