K
Seller's Agent in 2018
Karen Yu
Mountain View Capital, Inc.
5193 Canoga St Montclair, CA 91763
Estimated Value: $1,241,000 - $1,333,491
8
Beds
8
Baths
3,968
Sq Ft
$322/Sq Ft
Est. Value
About This Home
As of April 2018Great investment opportunity located in city of Montclair - large 4 unit apartment complex. *TOWN HOME style* Each unit features 2 bedroom and 1.5 bath. Large living room, dinning area, kitchen and half bath downstairs, all spacious bedroom and the full bath upstairs. Great open floor plan. No one above or below which makes these units highly desirable to renters. Each unit has a large size of back yard. Some upgrades and new water heater have been installed inside each unit. Well maintained property. Detached one car enclosed garage and plenty of street parking on cul-de-sac. Great location. It's off Central ave and the 10 frwy which is near the Montclair plaza, Costco wholesale, restaurants, shopping and entertainment. Walking distance to park, church and schools! NO RENT control. Long term tenants Fully Occupied! Tenant paying rent ON TIME each month! It generates high cash flow every month. Don't miss this great opportunity!
Last Agent to Sell the Property
Karen Yu
Mountain View Capital, Inc. License #01909924 Listed on: 02/23/2018
Last Buyer's Agent
Karen Yu
Mountain View Capital, Inc. License #01909924 Listed on: 02/23/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 7,320 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 2 Open Parking Spaces
- 4 Car Garage
Home Design
- 3,968 Sq Ft Home
- Quadruplex
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Assessor Parcel Number 1010622340000
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,100
- Trash Expense $2,526
- Water Sewer Expense $1,077
- New Taxes Expense $8,380
- Operating Expense $3,603
- Gross Income $58,800
- Net Operating Income $46,461
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 23, 2018
Closed on
Mar 16, 2018
Sold by
Us Pacific Investments Llc
Bought by
Chu Joseph On Wa and Tsao Ashley Chichi
Seller's Agent
Karen Yu
Mountain View Capital, Inc.
Buyer's Agent
Karen Yu
Mountain View Capital, Inc.
List Price
$858,000
Sold Price
$845,000
Premium/Discount to List
-$13,000
-1.52%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,873
Avg. Annual Appreciation
5.49%
Purchase Details
Listed on
Sep 14, 2015
Closed on
Dec 3, 2015
Sold by
Correa Salvador
Bought by
Us Pacific Investments Llc
Seller's Agent
Aaron Rivas
CENTURY 21 CITRUS REALTY INC
Buyer's Agent
Karen Yu
Mountain View Capital, Inc.
List Price
$645,000
Sold Price
$680,000
Premium/Discount to List
$35,000
5.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.91%
Purchase Details
Closed on
Apr 16, 2002
Sold by
Correa Salvador and Correa Salvador
Bought by
Correa Salvador
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
6.75%
Purchase Details
Closed on
Dec 30, 1998
Sold by
Hodges James B and Hodges Dorothy B
Bought by
Correa Salvador
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,429
Interest Rate
6.78%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 12, 1995
Sold by
Kaye Leslie and Kaye Leslty G
Bought by
Hodges James B and Hodges Dorothy B
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chu Joseph On Wa | $845,000 | First American Title Company | |
| Us Pacific Investments Llc | $680,000 | Fidelity National Title Co | |
| Correa Salvador | -- | Ticor Title | |
| Correa Salvador | $180,000 | Orange Coast Title | |
| Hodges James B | $31,069 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Correa Salvador | $183,750 | |
| Previous Owner | Correa Salvador | $178,429 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/03/2018 04/03/18 | Sold | $845,000 | -1.5% | $213 / Sq Ft | |
| 03/07/2018 03/07/18 | Pending | -- | -- | -- | |
| 02/23/2018 02/23/18 | For Sale | $858,000 | +26.2% | $216 / Sq Ft | |
| 12/15/2015 12/15/15 | Sold | $680,000 | +5.4% | $171 / Sq Ft | View Prior Sale |
| 12/02/2015 12/02/15 | Pending | -- | -- | -- | |
| 09/14/2015 09/14/15 | For Sale | $645,000 | -- | $163 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,324 | $961,467 | $335,661 | $625,806 |
| 2024 | $10,324 | $942,614 | $329,079 | $613,535 |
| 2023 | $10,034 | $924,131 | $322,626 | $601,505 |
| 2022 | $9,901 | $906,011 | $316,300 | $589,711 |
| 2021 | $9,840 | $888,246 | $310,098 | $578,148 |
| 2020 | $9,667 | $879,138 | $306,918 | $572,220 |
| 2019 | $9,585 | $861,900 | $300,900 | $561,000 |
| 2018 | $7,920 | $707,472 | $249,696 | $457,776 |
| 2017 | $7,635 | $693,600 | $244,800 | $448,800 |
| 2016 | $2,593 | $238,376 | $83,431 | $154,945 |
| 2015 | $2,575 | $234,796 | $82,178 | $152,618 |
| 2014 | $2,495 | $230,196 | $80,568 | $149,628 |
Source: Public Records
Agents Affiliated with this Home
-
-
Aaron Rivas
Seller's Agent in 2015
Aaron Rivas
CENTURY 21 CITRUS REALTY INC
(626) 407-8020
1 in this area
49 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR18043246
APN: 1010-622-34
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