$1,500,000
SOLD DEC 27, 2024
4 Beds
3 Baths
2,754 Sq Ft
7,321 Sq Ft Lot

Recently Sold

$545 Per Sq Ft

4% Above List Price

15 Days on Market

Highlights

  • 3 Car Garage
  • 1-Story Property
  • 5-minute walk to Maple Park
  • Horace Mann Elementary School Rated A-

About This Home

As of December 2024

There is a whole lot to like about this Spanish style triplex, which I will detail for you right now: First, more than most, it really lends itself to being an owner-user property, which it has been for 15 years. Secondly, the two largest units will be delivered vacant! The largest unit, the 1100 sq ft 2 bed unit the owners have been living in for the past 15 years, and the 900 sq ft 1 bed unit. Of course this means you will be able to get market rent for those two units. Also, if you as the new owner decided to live in the detached 1 bed unit on the other side of the garages, those people will also leave. So you as the owner would basically be living in a single family home with its own yard, and never see the tenants who will live on the other side of the garage/parking pad. All three units have great outdoor space to enjoy, as you can see in the photos. They all have In-unit laundry in each unit. Also, in a part of town where parking is at a premium, there is tons of parking on this property. Three garages plus three more parking spots on the concrete pad just in front of the garages. And, finally, the property will stand up well to a licensed home inspection, as the current owners have been diligent about upkeep. According to the owners, there is new copper plumbing, the sewer line to the street is new, foundation was re-done after the Northridge earthquake, and there is updated electrical. Also, kitchens and bathrooms have been re-done. Bottom line, you are not walking into a money pit, but rather, a property that has been well maintained and updated. Note - Photos 12 - 30 are the 1100 sq ft 2 bed unit; photos 32 - 44 are the 900 sq ft 1 bed unit; photos 47 - 59 are the detached 700 sq ft 1 bed unit. Owner's unit can be shown anytime. Other units shown with accepted offer. Come check it out. It's a winner!

Last Agent to Sell the Property

Ken Shapiro

Silverwood Properties License #01715663 Listed on: 10/23/2024

Last Buyer's Agent

Peter Terzian

Keller Williams R. E. Services License #01959791

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,000

Year Built

  • Built in 1925

Lot Details

  • 7,321 Sq Ft Lot

Parking

  • 3 Car Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

  • Triplex

Interior Spaces

  • 2,754 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5675-016-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,000

Year Built

Built in 1925

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2754
  • Lot Acreage: 0.1681
  • Stories: 1
  • Year Built: 1925
  • Number Of Photos: 67
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 3.00
  • Equipment: Refrigerator, Range/Oven
  • Price Per S Q F T: 526.14

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 3
  • Parking Garage: Garage - 3 Car, Garage, Driveway
  • Total Parking: 6

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 18.64
  • Assessed Improvement Value: 79647
  • Assessed Land Percent: 81.36
  • Assessed Land Value: 347589
  • Total Assessed Value: 427236
  • Assessor Parcel Number: 5675-016-001
  • Lot Size Area: 7321

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.11
  • Number Of Units: 3
  • Total Annual Expense: 27000
  • Type Of Units: Triplex
  • Vacancy Rate: 2 units

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2024
Closed on
Nov 13, 2024
Sold by
Matthes Hans and Matthes Polly
Bought by
533 E Windsor Llc
Seller's Agent
Ken Shapiro
Silverwood Properties
Buyer's Agent
Peter Terzian
Keller Williams R. E. Services
List Price
$1,449,000
Sold Price
$1,500,000
Premium/Discount to List
$51,000
3.52%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.98%
Original Mortgage
$1,125,000
Outstanding Balance
$1,118,144
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$373,877

Purchase Details

Closed on
Feb 13, 2001
Sold by
Lee David W and Lee Alysoun
Bought by
Matthes Hans and Matthes Polly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,365
Interest Rate
7.19%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Grant Deed $1,500,000 Old Republic Title
Grant Deed $300,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,125,000 New Conventional
Previous Owner $150,000 Credit Line Revolving
Previous Owner $150,000 Credit Line Revolving
Previous Owner $529,750 Fannie Mae Freddie Mac
Previous Owner $365,000 Unknown
Previous Owner $311,250 Unknown
Previous Owner $295,365 FHA
Previous Owner $295,365 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Rent $3,200 0.0% --
12/27/2024 12/27/24 Sold $1,500,000 +3.5% $545 / Sq Ft
11/07/2024 11/07/24 Pending -- -- --
10/23/2024 10/23/24 For Sale $1,449,000 -- $526 / Sq Ft
Source: The MLS

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 $5,000 $435,779 $354,540 $81,239
2023 $4,890 $427,236 $347,589 $79,647
2022 $4,803 $418,860 $340,774 $78,086
2021 $4,708 $410,648 $334,093 $76,555
2020 $4,640 $406,439 $330,668 $75,771
2019 $4,530 $398,471 $324,185 $74,286
2018 $4,412 $390,659 $317,829 $72,830
2016 $4,185 $375,491 $305,489 $70,002
2015 $4,101 $369,852 $300,901 $68,951
2014 $4,082 $362,608 $295,007 $67,601
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-455807

The MLS

APN: 5675-016-001