NOT LISTED FOR SALE

Estimated Value: $1,353,000 - $1,677,000

4 Beds
3 Baths
2,579 Sq Ft
$573/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $985,000 $382 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $9,041/month

11 Days on Market

Highlights

  • 8,129 Sq Ft lot
  • Craftsman Architecture
  • Laundry Room
  • Woodrow Wilson High School Rated A
  • Walk-In Closet
  • Wall Furnace

About This Home

As of May 2018

Amazing investment opportunity in Rose Park! This 3 unit Triplex consists of 2579 square feet on a 8124 SF lot. No shared walls.  The front house at 549 Saint Louis is a 2 bedroom 1 bath and features overhead sectional lights, three section ceramic sink in kitchen, convection oven, abundant cabinetry and pull out sliding drawers, spacious pantry as well. Master bedroom in front house with beautiful walk in closet, ceiling fan, custom glass fused tiles in bathroom. Living room features stained glass, several  windows that bring in a lot of natural light, newer roof and security alarm installed as well. 547 Saint Louis is a charming two story 2 bed 1 bath bungalow cottage with stove, washer/dryer, tiled floor in kitchen, plenty of windows to bring in natural light. This unit is complete with a private rear yard and garage.
547 1/2 Saint Louis is a detached spacious studio. This studio features a complete kitchen, refrigerator, dishwasher, stove and stacked washer dryer in unit. Gorgeous hardwood floors and all the amenities you could want in your own studio. Each unit currently rented with a huge upside in rents. All units individually metered. Tenants pay their own gas, electric and trash. Total of 2 garages, one configured as a art workshop. Upgraded electrical and new service panel. Property is just blocks from the beach and just a short walk to retro row.

Last Agent to Sell the Property

Amber Wilhelm

No Firm Affiliation License #01796208 Listed on: 04/12/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,364

Year Built

  • Built in 1911

Lot Details

  • 8,129 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 4 Open Parking Spaces
  • 1 Car Garage
  • Parking Available
  • Off-Street Parking

Home Design

  • Triplex
  • Craftsman Architecture
  • Bungalow

Interior Spaces

  • 2,579 Sq Ft Home
  • Track Lighting
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Formica Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Bathrooms

Utilities

  • Wall Furnace
  • 220 Volts in Garage
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 5500
  • Assessor Parcel Number 7262025022

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,675
  • Water Sewer Expense $774
  • New Taxes Expense $13,100
  • Operating Expense $8,512
  • Gross Income $52,400
  • Net Operating Income $43,888

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,364

Year Built

Built in 1911

Lot Details

0

Parking

1

Listing Details

  • Other Phone Description: 818 805 8005
  • Other Phone Number: 818 805 8003
  • Property Attached: No
  • Subdivision Name Other: Rose Park
  • Water Sewer Expenses: 774.48
  • Zoning: LBR1N
  • Architectural Style: Bungalow, Craftsman
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7262025022
  • Year Built: 1911
  • Special Features: None

Interior Features

  • Interior Amenities: Formica Counters, Pantry, Track Lighting
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 381.93
  • Room Type: Walk-In Closet

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Gas Water Heater, Refrigerator
  • Electric: 220 Volts in Garage
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 8129.00

Multi Family

  • Gross Income: 52400.00
  • Gross Scheduled Income: 52400.00
  • Insurance Expense: 3674.50
  • Net Operating Income: 43888.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 8512.00
  • Rent Control: No
  • Total Expenses: 8512.00

Tax Info

  • New Taxes Expense: 13100.00
  • Tax Census Tract: 5768.01
  • Tax Lot: 4
  • Tax Tract Number: 05500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2020
Sold by
Goodman Robert Sean and Goodman Robert Gustav
Bought by
Driftwood Property Llc
Current Estimated Value
$1,478,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2019
Sold by
Driftwood Property Llc
Bought by
Goodman Robert Sean and Goodman Robert Gustav

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2019
Sold by
Goodman Carole B
Bought by
Goodman Robert Gustav

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 12, 2018
Closed on
May 18, 2018
Sold by
Goodman Robert Sean and Goodman Robert Gustav
Bought by
Driftwood Property Llc
Seller's Agent
Amber Wilhelm
No Firm Affiliation
List Price
$1,049,000
Sold Price
$985,000
Premium/Discount to List
-$64,000
-6.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.41%
Original Mortgage
$682,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 12, 2018
Closed on
May 1, 2018
Sold by
Luddy Charles Edward and Brudnak Terri
Bought by
Goodman Robert Sean and Goodman Robert Gustav
Seller's Agent
Amber Wilhelm
No Firm Affiliation
List Price
$1,049,000
Sold Price
$985,000
Premium/Discount to List
-$64,000
-6.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2010
Sold by
Luddy Charles Edward and Brudnak Teri
Bought by
Luddy Charles Edward and Brudnak Teri

Purchase Details

Closed on
Jul 27, 2007
Sold by
Luddy Charles Edward and Brudnak Teri
Bought by
Luddy Charles Edward and Brudnak Teri

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
6.66%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Driftwood Property Llc -- None Available
Goodman Robert Sean -- California Title Company
Goodman Robert Gustav -- California Title Company
Driftwood Property Llc -- California Title Company
Goodman Robert Gustav -- California Title
Goodman Robert Sean $985,000 California Title Company
Luddy Charles Edward -- None Available
Luddy Charles Edward -- None Available
Luddy Charles Edward -- Old Republic Title Co O C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goodman Robert Sean $850,000
Previous Owner Goodman Robert Sean $682,000
Previous Owner Luddy Charles Edward $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2018 05/25/18 Sold $985,000 -6.1% $382 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $1,049,000 -- $407 / 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 $14,364 $1,120,758 $779,411 $341,347
2024 $14,364 $1,098,783 $764,129 $334,654
2023 $14,125 $1,077,240 $749,147 $328,093
2022 $13,260 $1,056,118 $734,458 $321,660
2021 $12,999 $1,035,410 $720,057 $315,353
2020 $12,965 $1,024,794 $712,674 $312,120
2019 $12,814 $1,004,700 $698,700 $306,000
2018 $1,504 $80,199 $54,031 $26,168
2016 $1,377 $77,086 $51,934 $25,152
2015 $1,335 $75,929 $51,154 $24,775
2014 $1,347 $74,442 $50,152 $24,290
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18083850

California Regional Multiple Listing Service (CRMLS)

APN: 7262-025-022