NOT LISTED FOR SALE

Estimated Value: $1,374,000 - $1,561,000

6 Beds
4 Baths
3,186 Sq Ft
$465/Sq Ft Est. Value

Last Sold April 12, 2012

Last sale price $555,000 $174 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $9,012/month

104 Days on Market

Highlights

  • Wood Flooring
  • Cul-De-Sac
  • Wall Furnace
  • No HOA
  • Laundry Room

About This Home

As of April 2012

Prime Location* Great Investment Property* 4 Units* 2-2 Bedrooms 1 Bath and 2-1 Bedroom 1 Bath* Some Units Have Upgrades* Separate Laundry Room With Coin Washer & Dryer For Extra Income* 4 Car Detached Covered Carport Plus 2 parking Spaces* Quite Cu-D a-Sac* Near The Metro Link, Shopping Centers & Schools* New Construction Being Built In The Surrounding Area* These Units Are Very Well Maintained* Standard Sale!

Last Listed By

Rebecca Leal

Coldwell Banker Top Team License #01277703 Listed on: 11/30/2011

Coldwell Banker Top Team

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,736

Year Built

  • Built in 1954

Lot Details

  • 6,999 Sq Ft Lot
  • Cul-De-Sac

Home Design

  • 3,186 Sq Ft Home
  • Composition Roof

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • 4 Carport Spaces

Additional Features

  • Laundry Room
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 38
  • Tax Tract Number 1230
  • Assessor Parcel Number 2417003023

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $600
  • Insurance Expense $1,000
  • Trash Expense $1,000
  • Water Sewer Expense $1,400
  • New Taxes Expense $9,680
  • Gross Income $4,071

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,736

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Water Sewer Expenses: 1400.00
  • Property Type: Residential Income
  • Parcel Number: 2417003023
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Levels: Two
  • Price Per Square Foot: 174.20

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Trash Expense: 1000.00

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 6999.00
  • Lot Size Acres: 0.1600

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 4071.00
  • Gross Scheduled Income: 48852.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6999.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Range: 4
  • Rent Control: Yes
  • Total Actual Rent: 3871.00

Tax Info

  • New Taxes Expense: 9680.00
  • Tax Lot: 38
  • Tax Tract Number: 1230
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2017
Sold by
Megerian Garbis Masis and The Garbis Masis Megerian Revo
Bought by
Megerian Garbis Masis and Megerian Janet
Total Days on Market
104
Current Estimated Value
$1,480,036

Purchase Details

Closed on
Oct 8, 2012
Sold by
Megerian Garbis
Bought by
Megerian Garbis Masis and Garbis Masis Megerian Revocabl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 30, 2011
Closed on
Mar 13, 2012
Sold by
Covarrubias Martin O and Covarrubias Maria L
Bought by
Megerian Garbis
Seller's Agent
Rebecca Leal
Coldwell Banker Top Team
Buyer's Agent
Tracy Fink
Beverly and Company, Inc.
List Price
$550,000
Sold Price
$555,000
Premium/Discount to List
$5,000
0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%
Original Mortgage
$410,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2006
Sold by
Santtia Nestor Omar
Bought by
Covarrubias Martin O and Covarrubias Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
6.95%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 27, 2003
Sold by
Santtia Diana
Bought by
Santtia Nestor Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 1997
Sold by
Gomez Victor G and Gomez Maria
Bought by
Santtia Nestor Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.23%
Mortgage Type
Unknown

Range of Values:

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Average Value
Not Available
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
Megerian Garbis Masis -- None Available
Megerian Garbis Masis -- None Available
Megerian Garbis $555,000 Chicago Title Company
Covarrubias Martin O $775,000 Lawyers Title Company
Santtia Nestor Omar -- California Title
Santtia Nestor Omar $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Megerian Garbis Masis $945,000
Closed Megerian Garbis $382,500
Closed Megerian Garbis $410,000
Previous Owner Covarrubias Martin O $620,000
Previous Owner Santtia Nestor Omar $250,000
Previous Owner Santtia Nestor Omar $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2012 04/12/12 Sold $555,000 +0.9% $174 / Sq Ft
03/13/2012 03/13/12 Pending -- -- --
11/30/2011 11/30/11 For Sale $550,000 -- $173 / 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
2024 $8,736 $683,431 $430,994 $252,437
2023 $8,573 $670,032 $422,544 $247,488
2022 $8,185 $656,895 $414,259 $242,636
2021 $8,074 $644,016 $406,137 $237,879
2019 $7,839 $624,916 $394,092 $230,824
2018 $7,693 $612,664 $386,365 $226,299
2016 $7,332 $588,875 $371,363 $217,512
2015 $7,228 $580,030 $365,785 $214,245
2014 $7,274 $568,669 $358,620 $210,049
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: H11155333

California Regional Multiple Listing Service (CRMLS)

APN: 2417-003-023