NOT LISTED FOR SALE

Estimated Value: $536,000 - $635,000

5 Beds
3 Baths
1,298 Sq Ft
$455/Sq Ft Est. Value

Last Sold October 11, 2024

Last sale price $590,000 $455 Per Sq Ft

Current estimated payment $3,690/month

11 Days on Market

Highlights

  • Quartz Countertops
  • No HOA
  • Ductless Heating Or Cooling System
  • Private Yard
  • Walk-In Closet
  • Laundry Room

About This Home

As of October 2024

Amazing opportunity with 2 detached units!! Front house features 3 bedrooms, 2 bathrooms, newly updated plumbing throughout, new windows and a new roof! Kitchen has new cabinets, countertops and flooring! Back unit has a new sub panel, updated with new cabinets, countertops, and floors! Property has a Huge oversized driveway. Centrally located just 5 minutes from the 215 Freeway. Down the street from a brand new shopping center, new restaurants and the future Amtrak station stop! This area is up and coming and you must take advantage of this fantastic opportunity!

Last Agent to Sell the Property

Esther Leija

The Foster Company Brokerage Phone: 562-881-8950 License #01156867 Listed on: 09/13/2024

Last Buyer's Agent

Norma Arias

Coldwell Banker Envision License #02167967

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 7,250 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Private Yard
  • Back and Front Yard

Home Design

  • Duplex
  • Entry on the 1st floor
  • Raised Foundation
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,298 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Free-Standing Range
  • Quartz Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Parking

  • 4 Parking Spaces
  • Parking Available
  • Driveway

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 4 / 23
  • Tax Tract Number 1
  • Assessor Parcel Number 0138104090000
  • $1,049 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,028
  • Trash Expense $900
  • Operating Expense $2,928
  • Gross Income $18,000
  • Net Operating Income $15,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1923 | Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0138104090000
  • Year Built: 1923
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Quartz Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 454.55
  • Room Type: Walk-In Closet

Exterior Features

  • Foundation: Raised, Slab
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Disposal, Tankless Water Heater
  • Electric: Standard
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Gas Dryer Hookup, In Kitchen, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 900.00
  • Water Source: Public
  • Cooling: Ductless, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Yard
  • Lot Size Sq Ft: 7250.00
  • Lot Size Acres: 0.1664

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 18000.00
  • Gross Scheduled Income: 18000.00
  • Insurance Expense: 2028.00
  • Lot Size Area: 7250.0000 Square Feet
  • Net Operating Income: 15600.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2400.00
  • Rent Control: No
  • Total Expenses: 2928.00

Tax Info

  • Tax Block: 23
  • Tax Census Tract: 43.02
  • Tax Lot: 4
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 1049.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
Sep 23, 2024
Sold by
Ruiz Kevin C and Soto Ana Stephanie
Bought by
Valles Justin
Seller's Agent
Esther Leija
The Foster Company
Buyer's Agent
Norma Arias
Coldwell Banker Envision
List Price
$589,000
Sold Price
$590,000
Premium/Discount to List
$1,000
0.17%
Views
25
Current Estimated Value
$590,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38
Avg. Annual Appreciation
0.00%
Original Mortgage
$579,313
Outstanding Balance
$570,919
Interest Rate
6.35%
Mortgage Type
FHA
Estimated Equity
$19,119

Purchase Details

Listed on
Dec 21, 2022
Closed on
Mar 1, 2023
Sold by
Tgm Venture Partners Lp
Bought by
Ruiz Kevin C and Soto Stephanie
Seller's Agent
Steven Valverde
COLDWELL BANKER LEADERS
Buyer's Agent
Esther Leija
Synergy Real Estate
List Price
$550,000
Sold Price
$550,000
Views
319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%
Original Mortgage
$540,038
Interest Rate
6.15%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 14, 2022
Sold by
Ornelas Richard M
Bought by
Tgm Venture Partners Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
3.69%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 30, 2005
Sold by
Hernandez Charles and Ornelas Alice
Bought by
Ornelas Richard M

Purchase Details

Closed on
Jun 17, 2005
Sold by
Ornelas Richard
Bought by
Ornelas Richard M and Ornelas Alice M

Purchase Details

Closed on
Oct 22, 2004
Sold by
Ornelas Richard
Bought by
Ornelas Richard and Hernandez Christine F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Valles Justin $590,000 Chicago Title
Ruiz Kevin C $550,000 First American Title
Tgm Venture Partners Lp $365,000 First American Title
Ornelas Richard M -- First American Title
Ornelas Richard M -- First American Title
Ornelas Richard M -- --
Ornelas Richard M -- --
Ornelas Richard M -- --
Ornelas Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valles Justin $579,313
Previous Owner Ruiz Kevin C $540,038
Previous Owner Tgm Venture Partners Lp $310,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2024 10/11/24 Sold $590,000 +0.2% $455 / Sq Ft
09/13/2024 09/13/24 For Sale $589,000 +7.1% $454 / Sq Ft
03/03/2023 03/03/23 Sold $550,000 0.0% $425 / Sq Ft View Prior Sale
02/11/2023 02/11/23 Pending -- -- --
12/21/2022 12/21/22 For Sale $550,000 -- $425 / 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 $7,513 $590,000 $177,000 $413,000
2024 $7,142 $561,000 $168,300 $392,700
2023 $4,772 $372,300 $127,500 $244,800
2022 $412 $18,998 $4,185 $14,813
2021 $408 $18,626 $4,103 $14,523
2020 $405 $18,435 $4,061 $14,374
2019 $397 $18,073 $3,981 $14,092
2018 $395 $17,719 $3,903 $13,816
2017 $383 $17,371 $3,826 $13,545
2016 $372 $17,030 $3,751 $13,279
2015 $227 $16,775 $3,695 $13,080
2014 $221 $16,447 $3,623 $12,824
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24191064

California Regional Multiple Listing Service (CRMLS)

APN: 0138-104-09

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