NOT LISTED FOR SALE

Estimated Value: $726,000 - $850,000

5 Beds
4 Baths
2,529 Sq Ft
$304/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $699,000 $276 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,945/month

54 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • 4 Car Garage
  • Private Yard
  • Neighborhood Views
  • Wall Furnace

About This Home

As of November 2022

Excellent opportunity to purchase a 4 unit building. There are three 1/1's and one 2 bedroom one bath. Each unit has their own spacious living room, kitchen & dining room combo with lots of cabinet space. Separate water heaters and separately metered for gas and electricity. Loads of potential with rents below market and plenty of upside.

Last Agent to Sell the Property

Carlos Estrada

Liberty Investment Group License #01413560 Listed on: 09/07/2022

Last Buyer's Agent

Ruben Estrada

Liberty Investment Group License #01239811

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,046

Year Built

  • Built in 1941

Lot Details

  • 7,285 Sq Ft Lot
  • 1 Common Wall
  • Private Yard

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Quadruplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,529 Sq Ft Home
  • Neighborhood Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 129
  • Assessor Parcel Number 6020024018
  • $472 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,992
  • Insurance Expense $2,602
  • Pest Control $200
  • Water Sewer Expense $3,348
  • New Taxes Expense $6,967
  • Operating Expense $15,296
  • Net Operating Income $38,056

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,046

Year Built

Built in 1941

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: 562-477-8983
  • Other Phone Number: 562-477-8983
  • Price Per Unit: 177500
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Water Sewer Expenses: 3348.00
  • Zoning: LAR3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1992.00
  • Parcel Number: 6020024018
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 276.39
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Pest Control Expense: 200.00
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 7285.00
  • Lot Size Acres: 0.1672

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Multiplier: 13.30
  • Gross Scheduled Income: 53352.00
  • Insurance Expense: 2602.00
  • Lot Size Area: 7285.0000 Square Feet
  • Net Operating Income: 38056.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 15296.00
  • Rent Control: Yes
  • Total Actual Rent: 4446.00
  • Total Expenses: 15296.00

Tax Info

  • New Taxes Expense: 6967.00
  • Tax Census Tract: 2377.10
  • Tax Lot: 129
  • TaxOtherAnnualAssessmentAmount: 472.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2022
Closed on
Nov 7, 2022
Sold by
Cornejo Silvina
Bought by
Garcia Martin Diego
Seller's Agent
Carlos Estrada
Liberty Investment Group
Buyer's Agent
Ruben Estrada
Liberty Investment Group
List Price
$820,000
Sold Price
$699,000
Premium/Discount to List
-$121,000
-14.76%
Views
14
Current Estimated Value
$769,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,224
Avg. Annual Appreciation
7.74%

Purchase Details

Listed on
Sep 7, 2022
Closed on
Nov 2, 2022
Sold by
Sola Impact Fund Ii Lp
Bought by
Garcia Martin Diego
Seller's Agent
Carlos Estrada
Liberty Investment Group
Buyer's Agent
Ruben Estrada
Liberty Investment Group
List Price
$820,000
Sold Price
$699,000
Premium/Discount to List
-$121,000
-14.76%
Views
14

Purchase Details

Listed on
Sep 14, 2017
Closed on
Dec 27, 2017
Sold by
Sola Impact Fund Ii Lp
Bought by
Sola Impact Fund Ii Lp
Seller's Agent
Paula Arroyo
Excellence RE Real Estate, Inc.
Buyer's Agent
Mike Iryami
BRC Advisors- BH
List Price
$540,000
Sold Price
$525,000
Premium/Discount to List
-$15,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%
Original Mortgage
$300,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 14, 2017
Closed on
Oct 11, 2017
Sold by
Umana Jose
Bought by
Sola Impact Fund Ii Lp
Seller's Agent
Paula Arroyo
Excellence RE Real Estate, Inc.
Buyer's Agent
Mike Iryami
BRC Advisors- BH
List Price
$540,000
Sold Price
$525,000
Premium/Discount to List
-$15,000
-2.78%

Purchase Details

Listed on
Jul 8, 2015
Closed on
Aug 5, 2015
Sold by
Sfr 2012-I Us West Llc
Bought by
Umana Jose
Seller's Agent
John Chelius
Property Works RE, Inc.
Buyer's Agent
Jose Fregoso
Estate Properties
List Price
$395,000
Sold Price
$420,000
Premium/Discount to List
$25,000
6.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%
Original Mortgage
$252,000
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2012
Sold by
Federal National Mortgage Association
Bought by
Sfr 2012-1 U S West Llc

Purchase Details

Closed on
Jan 11, 2011
Sold by
Garcia Maria Luisa
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 27, 2006
Sold by
Moreno Leonel E
Bought by
Garcia Maria Luisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2005
Sold by
Hargrove Lonnie
Bought by
Moreno Leonel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2004
Sold by
Joseph Opal G
Bought by
Hargrove Lonnie

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
6.4%
Mortgage Type
Purchase Money Mortgage
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
Garcia Martin Diego -- First American Title
Garcia Martin Diego $699,000 First American Title
Sola Impact Fund Ii Lp -- Provident Title
Sola Impact Fund Ii Lp $530,500 Old Republic Title Company
Umana Jose $420,000 Ticor Title Company Of Ca
Sfr 2012-1 U S West Llc -- First American Title Ins Co
Federal National Mortgage Association $260,000 First American Title Company
Garcia Maria Luisa $650,000 Lawyers Title Company
Moreno Leonel E $500,000 Fidelity National Title Co
Hargrove Lonnie $370,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sola Impact Fund Ii Lp $390,000
Previous Owner Sola Impact Fund Ii Lp $300,000
Previous Owner Umana Jose $252,000
Previous Owner Garcia Maria Luisa $487,500
Previous Owner Garcia Maria Luisa $162,500
Previous Owner Moreno Leonel E $400,000
Previous Owner Hargrove Lonnie $296,000
Previous Owner Joseph Opal G $36,632
Previous Owner Joseph Opal G $126,000
Previous Owner Joseph Opal G $103,000
Closed Hargrove Lonnie $37,000
Closed Moreno Leonel E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2022 11/21/22 Sold $699,000 -1.5% $276 / Sq Ft
10/31/2022 10/31/22 Pending -- -- --
10/25/2022 10/25/22 Price Changed $710,000 -1.4% $281 / Sq Ft
10/10/2022 10/10/22 Price Changed $720,000 -12.2% $285 / Sq Ft
09/07/2022 09/07/22 For Sale $820,000 +56.2% $324 / Sq Ft
10/31/2017 10/31/17 Sold $525,000 -2.8% $208 / Sq Ft
10/04/2017 10/04/17 Pending -- -- --
09/14/2017 09/14/17 For Sale $540,000 +28.6% $214 / Sq Ft
09/01/2015 09/01/15 Sold $420,000 +6.3% $166 / Sq Ft
07/30/2015 07/30/15 Pending -- -- --
07/08/2015 07/08/15 For Sale $395,000 -- $156 / 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 $9,046 $727,239 $468,180 $259,059
2024 $9,046 $712,980 $459,000 $253,980
2023 $8,880 $699,000 $450,000 $249,000
2022 $7,124 $568,801 $396,714 $172,087
2021 $7,026 $557,649 $388,936 $168,713
2019 $6,823 $541,110 $377,400 $163,710
2018 $6,730 $530,500 $370,000 $160,500
2017 $2 $428,400 $326,400 $102,000
2016 $5,353 $420,000 $320,000 $100,000
2015 $4,256 $327,873 $256,152 $71,721
2014 $4,298 $321,452 $251,135 $70,317
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG22195520

California Regional Multiple Listing Service (CRMLS)

APN: 6020-024-018