NOT LISTED FOR SALE

Estimated Value: $1,301,000 - $3,365,000

14 Beds
14 Baths
6,105 Sq Ft
$450/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $3,100,000 $508 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $17,303/month

Highlights

  • No Units Above
  • Modern Architecture
  • Balcony
  • Open Floorplan
  • Neighborhood Views
  • Living Room

About This Home

As of March 2023

Sold before processing.

Last Agent to Sell the Property

Elizabeth Maddox

Myunits.com Inc. License #01921425 Listed on: 03/30/2023

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2023

Lot Details

  • 6,751 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Fenced
  • New Fence
  • Landscaped
  • Level Lot

Parking

  • 8 Car Garage

Home Design

  • Modern Architecture
  • Quadruplex
  • Turnkey

Interior Spaces

  • 6,105 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Living Room
  • Neighborhood Views

Kitchen

  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 14 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 1030
  • Assessor Parcel Number 5535006006
  • $374 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $2,442
  • Maintenance Expense $1,200
  • New Taxes Expense $26,131
  • Operating Expense $41,373
  • Gross Income $18,100
  • Net Operating Income $167,139

Property Details

Home Type

Multi-Family

Year Built

Built in 2023

Lot Details

6,751 Sq Ft Lot

Parking

8

Listing Details

  • CapRate: 5.39
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LARD1.5
  • Architectural Style: Modern
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5535006006
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Levels: Three Or More
  • Price Per Square Foot: 507.78
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: New Condition
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Disposal, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Level
  • Lot Size Sq Ft: 6751.00
  • Lot Size Acres: 0.1550

Multi Family

  • Average3 Bed Area: 1346 Square Feet
  • Gross Income: 18100.00
  • Gross Multiplier: 14.27
  • Gross Operating Income: 208512.00
  • Gross Scheduled Income: 217200.00
  • Insurance Expense: 2442.00
  • Lot Size Area: 6751.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 167139.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 41373.00
  • Rent Control: No
  • Total Expenses: 41373.00

Tax Info

  • New Taxes Expense: 26131.00
  • Tax Census Tract: 1917.20
  • Tax Lot: 6
  • Tax Tract Number: 1030
  • TaxOtherAnnualAssessmentAmount: 374.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
Mar 15, 2023
Sold by
Van Ness Ventures Llc
Bought by
Mzmz Qozb Llc
Seller's Agent
Elizabeth Maddox
Myunits.com Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$3,100,000
Sold Price
$3,100,000
Current Estimated Value
$2,747,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$352,596
Avg. Annual Appreciation
-4.11%

Purchase Details

Listed on
Mar 4, 2021
Closed on
Mar 18, 2021
Sold by
Augustus Valdez Benitez Trust and Benitez Augustus V
Bought by
Van Ness Ventures Llc
Seller's Agent
Penni Ziers
Keller Williams Beverly Hills
Buyer's Agent
Outside Agent
List Price
$859,000
Sold Price
$1,155,000
Premium/Discount to List
$296,000
34.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.49%

Purchase Details

Closed on
Jul 31, 2018
Sold by
Benitez Augustus V
Bought by
Benitez Augustus V and Augustus Valdez Benitez Trust

Purchase Details

Closed on
Oct 11, 2010
Sold by
Benitez Virigilio V and Benitez Angelita L
Bought by
Benitez Augustus

Purchase Details

Closed on
Sep 28, 2010
Sold by
Benitez Casimiro V and Benitez Franita M
Bought by
Benitez Augustus

Purchase Details

Closed on
Jul 25, 2008
Sold by
Benitez Ignacia V
Bought by
Benitez Casimiro
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Mzmz Qozb Llc $3,100,000 Provident Title Company
Van Ness Ventures Llc $1,155,000 Equity Title
Benitez Augustus V -- None Available
Benitez Augustus -- None Available
Benitez Augustus -- None Available
Benitez Casimiro -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2023 03/30/23 Sold $3,100,000 0.0% $508 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $3,100,000 +168.4% $508 / Sq Ft
04/13/2021 04/13/21 Sold $1,155,000 +34.5% $668 / Sq Ft View Prior Sale
03/12/2021 03/12/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $859,000 -- $497 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $38,305 $3,225,240 $2,184,840 $1,040,400
2024 $38,305 $3,162,000 $2,142,000 $1,020,000
2023 $14,787 $1,201,661 $961,329 $240,332
2022 $14,105 $1,178,100 $942,480 $235,620
2021 $7,010 $566,110 $353,710 $212,400
2020 $7,079 $560,307 $350,084 $210,223
2019 $6,806 $549,321 $343,220 $206,101
2018 $6,682 $538,551 $336,491 $202,060
2016 $6,384 $517,641 $323,426 $194,215
2015 $6,293 $509,866 $318,568 $191,298
2014 $6,321 $499,879 $312,328 $187,551
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB23052734

California Regional Multiple Listing Service (CRMLS)

APN: 5535-006-006

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