$632,000
SOLD DEC 13, 2024
-- Bed
-- Bath
3,196 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$198 Per Sq Ft

3% Below List Price

130 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of December 2024

Excellent investment opportunity! Super convenient location and always fully tenant occupied! Great tenants and all of the units interiors are in good condition. Rents are at current market rates! Ready for purchase and immediately income producing! Walled and gated patio area for the occupants! Brand new roof! The interior pictures were from when the units were not occupied. This property has been well maintained.

Last Agent to Sell the Property

Jonathan Schussler

LPT Realty, LLC License #S.0170022 Listed on: 06/19/2024

LPT Realty, LLC

Last Buyer's Agent

Oscar Hernandez-Calder

Fathom Realty License #BS.0145780

Fathom Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,563

Year Built

  • Built in 1963

Lot Details

  • 7,405 Sq Ft Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,196 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Golf Ridge Terrace 2Nd Amd Subdivision

Building Details

  • Professional Management Expense $3,936

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,563

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • CapRate: 5.5
  • Professional Management Expense: 3936.0
  • Subdivision Name: Golf Ridge Terrace 2nd Amd
  • Directions: From the 95 Freeway go North on Jones, R on Vegas Dr, R on Michael Way, L on Pebble Beach
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1963
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1963

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Refrigerator
  • Flooring: Tile
  • Interior Amenities: None
  • Living Area: 3196.0

Exterior Features

  • Construction Type: Stucco
  • Property Condition: Average Condition, Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 4480.0

Condo/Co-op/Association

  • Association: No

Schools

Lot Info

  • Lot Size Sq Ft: 7405.0
  • Additional Parcels Description: ---
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 49200.0
  • Insurance Expense: 3103.0
  • Annual Operating Expense: 13302.0

Tax Info

  • Tax Annual Amount: 1563.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2025
Sold by
Lopez Cecilio Arredondo and Arredondo Mari Carmen
Bought by
5232 Pebble Beach Property Llc
Current Estimated Value
$634,512

Purchase Details

Listed on
Jun 19, 2024
Closed on
Dec 3, 2024
Sold by
5232 Pebble Beach Blvd Llc
Bought by
Lopez Cecilio Arredondo and Arredondo Mari Carmen
Seller's Agent
Jonathan Schussler
LPT Realty, LLC
Buyer's Agent
Oscar Hernandez-Calder
Fathom Realty
List Price
$650,000
Sold Price
$632,000
Premium/Discount to List
-$18,000
-2.77%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.48%
Original Mortgage
$474,000
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2024
Sold by
Levine Matthew Issac
Bought by
5232 Pebble Beach Blvd Llc

Purchase Details

Listed on
Oct 8, 2020
Closed on
Feb 25, 2021
Sold by
Alemania Richard and Kamalemania Michele
Bought by
Levine Matthew Isaac
Seller's Agent
Brenda Chavez
Signature Real Estate Group
Buyer's Agent
Greg Gonzalez
LPT Realty, LLC
List Price
$419,999
Sold Price
$370,000
Premium/Discount to List
-$49,999
-11.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.44%
Original Mortgage
$370,000
Interest Rate
2.7%
Mortgage Type
VA

Purchase Details

Listed on
Feb 18, 2017
Closed on
Mar 20, 2017
Sold by
Estevez Richard David and Estevez Melinda
Bought by
Alemania Richard and Kamalemani Michele
Seller's Agent
Wendi Williams
Simply Vegas
Buyer's Agent
Brenda Chavez
Signature Real Estate Group
List Price
$229,888
Sold Price
$234,888
Premium/Discount to List
$5,000
2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.26%
Original Mortgage
$176,166
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 16, 2015
Closed on
Sep 4, 2015
Sold by
Elah Properties Inc
Bought by
Estevez Richard David and Estevez Melinda
Seller's Agent
Ran Tadmor
Real Simple Real Estate
Buyer's Agent
Eric Kruger
Simply Vegas
List Price
$179,900
Sold Price
$179,000
Premium/Discount to List
-$900
-0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.30%

Purchase Details

Closed on
Feb 20, 2013
Sold by
Ophir Yossef
Bought by
Litman Trust

Purchase Details

Listed on
Feb 28, 2012
Closed on
May 30, 2012
Sold by
Custom Estates Llc
Bought by
Elah Properties Inc
Seller's Agent
Jared Weiss
Motion Properties
Buyer's Agent
Ran Tadmor
Real Simple Real Estate
List Price
$139,900
Sold Price
$123,000
Premium/Discount to List
-$16,900
-12.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.07%

Purchase Details

Closed on
Mar 2, 2012
Sold by
Inzunza Ramon
Bought by
Custom Estates Llc

Purchase Details

Closed on
May 5, 2008
Sold by
Inzunza Ramon and Hernandez Catalina
Bought by
Inzunza Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2003
Sold by
Inzunza Ramon
Bought by
Inzunza Ramon and Hernandez Catalina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,218
Interest Rate
5.61%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 16, 1999
Sold by
Mutnick Steven J
Bought by
Inzunza Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,837
Interest Rate
6.94%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 4, 1996
Sold by
Pdk Enterprises Inc
Bought by
Mutnick Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.62%
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Bargain Sale Deed $632,000 Fidelity National Title
Bargain Sale Deed -- None Listed On Document
Bargain Sale Deed $370,000 Fidelity National Title
Bargain Sale Deed $234,888 Wfg National Title Co
Bargain Sale Deed $179,000 Fidelity National Title
Bargain Sale Deed $179,000 Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title
Quit Claim Deed -- None Available
Bargain Sale Deed $123,000 Ticor Title Las Vegas
Trustee Deed $90,600 None Available
Interfamily Deed Transfer -- Chicago Title
Interfamily Deed Transfer -- Fidelity National Title
Bargain Sale Deed $175,000 United Title
Deed $145,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $474,000 New Conventional
Previous Owner $370,000 VA
Previous Owner $176,166 New Conventional
Previous Owner $260,000 New Conventional
Previous Owner $175,218 FHA
Previous Owner $173,837 FHA
Previous Owner $116,000 No Value Available
Closed $14,500 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/13/2024 12/13/24 Sold $632,000 -1.3% $198 / Sq Ft
10/28/2024 10/28/24 Pending -- -- --
07/26/2024 07/26/24 Price Changed $640,000 -1.5% $200 / Sq Ft
07/10/2024 07/10/24 For Sale $650,000 0.0% $203 / Sq Ft
06/30/2024 06/30/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $650,000 +75.7% $203 / Sq Ft
03/05/2021 03/05/21 Sold $370,000 -11.9% $116 / Sq Ft View Prior Sale
02/03/2021 02/03/21 Pending -- -- --
10/08/2020 10/08/20 For Sale $419,999 +78.8% $131 / Sq Ft
03/31/2017 03/31/17 Sold $234,888 +2.2% $73 / Sq Ft View Prior Sale
03/01/2017 03/01/17 Pending -- -- --
02/18/2017 02/18/17 For Sale $229,888 +28.4% $72 / Sq Ft
09/17/2015 09/17/15 Sold $179,000 -0.5% $56 / Sq Ft View Prior Sale
08/18/2015 08/18/15 Pending -- -- --
07/16/2015 07/16/15 For Sale $179,900 +46.3% $56 / Sq Ft
05/31/2012 05/31/12 Sold $123,000 -12.1% $38 / Sq Ft View Prior Sale
05/01/2012 05/01/12 Pending -- -- --
02/28/2012 02/28/12 For Sale $139,900 -- $44 / Sq Ft
Source: Las Vegas REALTORS®

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 $1,687 $85,372 $54,950 $30,422
2024 $1,563 $85,372 $54,950 $30,422
2023 $1,563 $77,057 $50,400 $26,657
2022 $1,447 $63,275 $38,500 $24,775
2021 $1,340 $59,421 $36,400 $23,021
2020 $1,242 $50,621 $28,000 $22,621
2019 $1,164 $45,751 $23,800 $21,951
2018 $1,110 $44,536 $23,800 $20,736
2017 $1,258 $38,379 $18,025 $20,354
2016 $1,040 $35,392 $15,400 $19,992
2015 $1,037 $33,294 $14,000 $19,294
2014 $1,005 $29,744 $11,200 $18,544
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2592969

Las Vegas REALTORS®

APN: 138-25-510-005