NOT LISTED FOR SALE
8 Beds
4 Baths
3,201 Sq Ft
7,070 Sq Ft Lot

Sale Details

Date Sold: May 3, 2021

Last sale price $1,490,000 $465 Per Sq Ft

Highlights

  • 0.16 Acre Lot
  • Los Alamitos Elementary School Rated A-
  • Ceiling Fan

About This Home

As of May 2021

Great income producing 4plex in close proximity to major commute arteries and amenities!

Last Agent to Sell the Property

Andrew Meunier

Coldwell Banker Realty License #01933603 Listed on: 05/03/2021

Coldwell Banker Realty

Last Buyer's Agent

Carlos Azucena

Marcus & Millichap License #01738155

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 7,070 Sq Ft Lot

Home Design

  • Quadruplex
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,201 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Parking

  • 4 Carport Spaces
  • On-Street Parking

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $112,800

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,000
  • Insurance Expense $3,000
  • Maintenance Expense $2,000
  • Manager Expense $1,500
  • Other Expense $500
  • Utility Expense $1,200
  • Trash Expense $1,500
  • Operating Expense $29,300
  • Gross Income $109,416

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

7,070 Sq Ft Lot

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3201
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 3201
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tar And Gravel

Garage/Parking

  • Garage Parking Features: Carport, Covered Parking, On Street
  • Carport Min: 4

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1623
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7070.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7070.00

Rental Info

  • Existing Lease Term(s): Month To Month, Security Deposit
  • Gross Rent Multiplier: 13.21
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 3000
  • Expense Landscape: 1000
  • Expense Maintenance: 2000
  • Expense Management: 1500
  • Expenses Other: 500
  • Expenses Total: 29300
  • Expenses Utility: 1200
  • Expense Trash: 1500
  • Income Annual Gross: 109416.00
  • Income Annual Rental: 112800
  • Income Gross Scheduled: 112800
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Gardener, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2021
Closed on
Apr 19, 2021
Sold by
Bought by
Seller's Agent
Andrew Meunier
Coldwell Banker Realty
Buyer's Agent
Carlos Azucena
Marcus & Millichap
List Price
$1,490,000
Sold Price
$1,490,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$789,652
Interest Rate
2.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2017
Sold by
Bought by

Purchase Details

Closed on
Jun 28, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,000
Interest Rate
6.74%

Purchase Details

Closed on
Jul 28, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.58%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,490,000 Lawyers Title Company
-- None Available
-- None Available
$850,000 Commonwealth Land Title
-- Chicago Title Co
$275,000 All Cal Title Company
-- All Cal Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $900,000
Previous Owner $679,250
Previous Owner $680,000
Previous Owner $307,000
Previous Owner $225,000
Previous Owner $225,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/03/2021 05/03/21 Sold $1,490,000 0.0% $465 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $1,490,000 -- $465 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $21,544 $1,645,077 $1,104,080 $540,997
2025 $20,247 $1,612,822 $1,082,432 $530,390
2024 $20,247 $1,581,199 $1,061,208 $519,991
2023 $19,843 $1,550,196 $1,040,400 $509,796
2022 $19,700 $1,519,800 $1,020,000 $499,800
2021 $14,428 $1,073,125 $694,377 $378,748
2020 $14,203 $1,062,123 $687,258 $374,865
2019 $13,924 $1,041,298 $673,783 $367,515
2018 $13,794 $1,020,881 $660,572 $360,309
2017 $13,681 $1,000,865 $647,620 $353,245
2016 $13,446 $981,241 $634,922 $346,319
2015 $13,328 $966,502 $625,385 $341,117
2014 $11,485 $819,000 $529,900 $289,100
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81842018

MLSListings

APN: 567-49-013

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