NOT LISTED FOR SALE

Estimated Value: $659,000 - $1,016,697

4 Beds
4 Baths
1,674 Sq Ft
$472/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $499,000 $298 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,808/month

12 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Double Pane Windows
  • Tile Flooring
  • Colonial Architecture
  • Laundry Room
  • 2 Car Garage

About This Home

As of July 2017

Excellent well maintained cozy units ideal for 2 families to share and enjoy great times . These is a 2 bedrooms and 2 bathrooms each, both units were remodeled 1.5 year ago,2 detached 1 car garage, very clean and ready to move in, perfect for first time buyers or investor. Open floor plan, each master bedroom has its own bathroom, laundry are is located in the hallway for easy access. Lot is huge and with great potential to build 3 unit in the back.(verify with city).Records reflect 1 bedroom 1 bath each unit. Agent/buyers to do their due diligence and verify to their full satisfaction.

Last Agent to Sell the Property

EREN MARTINEZ

Pacific Properties Realty Group License #01148583 Listed on: 06/11/2017

Last Buyer's Agent

Maria De Jesus De Santiago

License #01724254

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,150

Year Built

  • Built in 1926

Lot Details

  • 6,507 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door
  • Driveway

Home Design

  • Colonial Architecture
  • Property Attached
  • Flat Roof Shape
  • Raised Foundation
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 1,674 Sq Ft Home
  • Double Pane Windows
  • Window Screens

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 99
  • Tax Tract Number 6032
  • Assessor Parcel Number 6032017032

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $600
  • Water Sewer Expense $900
  • New Taxes Expense $5,938
  • Operating Expense $8,637
  • Gross Income $36,000
  • Net Operating Income $27,363

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,150

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 900.00
  • Zoning: LAR3
  • Architectural Style: Colonial
  • Property Type: Residential Income
  • Parcel Number: 6032017032
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Copper Plumbing Partial
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 298.09
  • Room Type: All Bedrooms Down, Laundry, Master Bedroom
  • Window Features: Double Pane Windows, Screens

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Flat
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Stackable
  • 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 Size Sq Ft: 6507.00

Multi Family

  • Gross Income: 36000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 1200.00
  • Maintenance Percent: 1.25
  • Net Operating Income: 27363.00
  • 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: 8637.00
  • Rent Control: Yes
  • Total Expenses: 8637.00

Tax Info

  • New Taxes Expense: 5937.50
  • Tax Census Tract: 2383.20
  • Tax Lot: 99
  • Tax Tract Number: 6032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2021
Sold by
Akinwale Akinfemi Joseph
Bought by
Akinwale Akinfemi J
Current Estimated Value
$790,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,600
Outstanding Balance
$419,738
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$385,629

Purchase Details

Closed on
Mar 19, 2019
Sold by
Akinwale Peter Akinfolahan
Bought by
Akinwale Akinfemi Joseph

Purchase Details

Listed on
Jun 11, 2017
Closed on
Jun 28, 2017
Sold by
Lara Marvin Estuardo Moran
Bought by
Akinwale Akinfemi Joseph and Akinwale Peter Akinfolahan
Seller's Agent
EREN MARTINEZ
Pacific Properties Realty Group
Buyer's Agent
Maria De Jesus De Santiago
List Price
$475,000
Sold Price
$499,000
Premium/Discount to List
$24,000
5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$489,961
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 11, 2016
Closed on
Mar 28, 2016
Sold by
Mamo Real Estate Holdings Ii Llc
Bought by
Lara Marvin Estuardo Moran and Lopez Lilian Amanda Coronado
Seller's Agent
Luis Guevara
eXp Realty of Southern CA
Buyer's Agent
RHINA VALENZUELA
Pacific Properties Realty Group
List Price
$419,900
Sold Price
$420,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.06%
Original Mortgage
$412,392
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 1, 2015
Closed on
Jun 8, 2015
Sold by
Williams Edna
Bought by
Mamo Real Estate Holdings Ii Llc
Seller's Agent
Adrian Cafuentes
Keller Williams Beverly Hills
Buyer's Agent
Adrian Cafuentes
Keller Williams Beverly Hills
List Price
$326,000
Sold Price
$308,000
Premium/Discount to List
-$18,000
-5.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.36%
Source: Public Records

Range of Values:

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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
Akinwale Akinfemi J -- Chicago Title
Akinwale Akinfemi Joseph -- None Available
Akinwale Akinfemi Joseph $499,000 Fatcola
Lara Marvin Estuardo Moran $420,000 Fidelity National Title Co
Mamo Real Estate Holdings Ii Llc $308,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akinwale Akinfemi J $462,600
Closed Akinwale Akinfemi Joseph $489,961
Previous Owner Lara Marvin Estuardo Moran $412,392
Previous Owner Williams Edna $42,750
Previous Owner Williams Edna $97,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2017 07/28/17 Sold $499,000 +5.1% $298 / Sq Ft
06/11/2017 06/11/17 For Sale $475,000 +13.1% $284 / Sq Ft
04/07/2016 04/07/16 Sold $420,000 0.0% $251 / Sq Ft
02/23/2016 02/23/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $419,900 +36.3% $251 / Sq Ft
06/19/2015 06/19/15 Sold $308,000 -5.5% $184 / Sq Ft
06/08/2015 06/08/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $326,000 -- $195 / 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 $7,150 $587,861 $405,377 $182,484
2024 $7,150 $576,335 $397,429 $178,906
2023 $7,016 $565,036 $389,637 $175,399
2022 $6,697 $553,958 $381,998 $171,960
2021 $6,607 $543,097 $374,508 $168,589
2020 $6,671 $537,529 $370,668 $166,861
2019 $6,199 $508,980 $346,800 $162,180
2018 $6,121 $499,000 $340,000 $159,000
2016 $3,938 $312,697 $211,172 $101,525
2015 $1,425 $108,816 $61,738 $47,078
2014 $1,445 $106,685 $60,529 $46,156
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN17131383

California Regional Multiple Listing Service (CRMLS)

APN: 6032-017-032