NOT LISTED FOR SALE

Estimated Value: $1,361,000 - $3,188,000

13 Beds
13 Baths
5,168 Sq Ft
$466/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $2,895,000 $560 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $16,031/month

Highlights

  • New Construction
  • Laundry Room
  • Level Lot
  • No Units Above
  • Landscaped

About This Home

As of October 2023

Sold before processing.

Last Agent to Sell the Property

Elizabeth Maddox

Myunits.com Inc. License #01921425 Listed on: 10/31/2023

Co-Listed By

Isaac Davidi

On Track Property License #01819489

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $34,954

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 4,802 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Landscaped
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 5,168 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 13 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 382
  • Tax Tract Number 2199
  • Assessor Parcel Number 5048020008

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $2,067
  • Maintenance Expense $1,600
  • New Taxes Expense $33,742
  • Operating Expense $38,609
  • Gross Income $16,400
  • Net Operating Income $150,319

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$34,954

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

1

Listing Details

  • CapRate: 5.19
  • Price Per Unit: 723750
  • Property Attached: Yes
  • Zoning: LARD1.5
  • New Construction: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 5048020008
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Stories: 3
  • Entry Location: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 560.18

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

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 with Street, Level
  • Lot Size Sq Ft: 4802.00
  • Lot Size Acres: 0.1102

Multi Family

  • Gross Income: 16400.00
  • Gross Multiplier: 14.71
  • Gross Operating Income: 188928.00
  • Gross Scheduled Income: 196800.00
  • Insurance Expense: 2067.00
  • Lot Size Area: 4802.0000 Square Feet
  • Maintenance Expense: 1600.00
  • Net Operating Income: 150319.00
  • 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: 38609.00
  • Rent Control: No
  • Total Expenses: 38609.00
  • Vacancy Allowance: 7872

Tax Info

  • New Taxes Expense: 33742.00
  • Tax Census Tract: 2199.02
  • Tax Lot: 382
  • Tax Tract Number: 2199

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2023
Closed on
Oct 4, 2023
Sold by
Garha Rupinderjit and Garha Rajwinder
Bought by
Garha Real Estate Llc
Seller's Agent
Elizabeth Maddox
Myunits.com Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$2,895,000
Sold Price
$2,895,000
Views
3
Current Estimated Value
$2,407,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$487,480
Avg. Annual Appreciation
-9.74%
Original Mortgage
$1,737,000
Outstanding Balance
$1,708,119
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$699,401

Purchase Details

Listed on
Oct 31, 2023
Closed on
Sep 25, 2023
Sold by
Thurman Expert Llc
Bought by
Garha Rupinderjit and Garha Rajwinder
Seller's Agent
Elizabeth Maddox
Myunits.com Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$2,895,000
Sold Price
$2,895,000
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,737,000
Outstanding Balance
$1,708,119
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$699,401

Purchase Details

Listed on
Jun 23, 2021
Closed on
Aug 4, 2021
Sold by
Moscarro Jose and Jose Mascorro Family Trust
Bought by
Thurman Expert Llc
Seller's Agent
Heidi Tejeda
Compass
List Price
$800,000
Sold Price
$675,000
Premium/Discount to List
-$125,000
-15.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.68%

Purchase Details

Closed on
Oct 9, 2019
Sold by
Mascorro Jose
Bought by
Mascorro Jose and Jose Mascorro Family Trust

Purchase Details

Closed on
Nov 20, 2002
Sold by
Tomicic Lupe
Bought by
Mascorro Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2002
Sold by
Mascorro Rosa Maria Vazquez
Bought by
Mascorro Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2002
Sold by
Tomicic Jimmy
Bought by
Tomicic Lupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.16%

Purchase Details

Closed on
Sep 5, 2002
Sold by
Love Dana M and Love Dana Mark
Bought by
Tomicic Lupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.16%
Source: Public Records

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
Garha Real Estate Llc -- Provident Title Company
Garha Rupinderjit $2,895,000 Provident Title Company
Thurman Expert Llc $675,000 Lawyers Title
Mascorro Jose -- None Available
Mascorro Jose -- None Available
Mascorro Jose $155,000 First American Title Co
Mascorro Jose -- --
Tomicic Lupe -- First American Title Co
Tomicic Lupe $110,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garha Rupinderjit $1,737,000
Previous Owner Thurman Expert Llc $1,800,000
Previous Owner Thurman Exert Llc $2,055,600
Previous Owner Thurman Expert Llc $344,400
Previous Owner Mascorro Jose $100,000
Previous Owner Mascorro Jose $144,800
Previous Owner Mascorro Jose $124,000
Previous Owner Mascorro Jose $23,250
Previous Owner Tomicic Lupe $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $2,895,000 0.0% $560 / Sq Ft
10/31/2023 10/31/23 Pending -- -- --
10/31/2023 10/31/23 For Sale $2,895,000 +328.9% $560 / Sq Ft
08/10/2021 08/10/21 Sold $675,000 -15.6% $800 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $800,000 -- $948 / 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 $34,954 $2,952,900 $1,422,900 $1,530,000
2024 $34,954 $2,895,000 $1,395,000 $1,500,000
2023 $8,485 $688,500 $550,800 $137,700
2022 $8,094 $675,000 $540,000 $135,000
2021 $2,572 $207,377 $165,908 $41,469
2020 $2,595 $205,251 $164,207 $41,044
2019 $2,497 $201,228 $160,988 $40,240
2018 $2,438 $197,283 $157,832 $39,451
2016 $2,326 $189,624 $151,704 $37,920
2015 $2,293 $186,777 $149,426 $37,351
2014 $2,309 $183,119 $146,499 $36,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB23202494

California Regional Multiple Listing Service (CRMLS)

APN: 5048-020-008