NOT LISTED FOR SALE

Estimated Value: $952,000 - $1,165,984

4 Beds
3 Baths
2,574 Sq Ft
$415/Sq Ft Est. Value

Last Sold December 20, 2018

Last sale price $735,000 $286 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,480/month

18 Days on Market

Highlights

  • Open Floorplan
  • Corner Lot
  • No HOA
  • Wood Flooring
  • Private Yard
  • Built-In Features

About This Home

As of December 2018

AMAZING TRIPLEX INVESTMENT OPPORTUNITY! Three units with tenants secured, each with their own garage! A little bit about the units:

5727: Single story, ground level, one car garage! FULLY REMODELED! This home includes new laminate wooden flooring, new paint, granite kitchen counters, stainless steel appliances and new blinds. Spacious living room and kitchen with plenty of counter space, tile flooring throughout, lots of natural lighting, and upgraded bathroom makes this unit a perfect fit! The washer/dryer hookups are conveniently located inside the unit. You can enjoy the nicely landscaped outdoor area great for BBQs! Don't miss out!

5729: Single story, ground level, one car garage! The washer/dryer hookups are conveniently located inside the unit.

5723: FULLY REMODELED! This property is on the 2nd floor, but there is no one below you...just stairs to get up to the home. Freshly painted, brand new laminate flooring installed throughout, new stainless steel stove and fridge, new carpet (on stairs) and been cleaned. It has a spacious living room and kitchen with plenty of counter space, lots of natural lighting and an upgraded bathroom. This property also includes a washer/dryer and a nice patio!

Last Agent to Sell the Property

Alex Horowitz

Coldwell Banker Diamond License #00983521 Listed on: 11/02/2018

Coldwell Banker Diamond

Last Buyer's Agent

Teresa Molina

NT & Associates, Inc. License #01379845

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,328

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • 5,801 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Private Yard

Parking

  • 3 Car Garage
  • Public Parking
  • Parking Available
  • Driveway
  • Parking Lot
  • Assigned Parking

Home Design

  • Triplex

Interior Spaces

  • 2,574 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Window Screens
  • Storage
  • Wood Flooring
  • Gas Oven

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 4
  • Tax Tract Number 16909
  • Assessor Parcel Number 8130013031

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Gardener Expense $2,100
  • Insurance Expense $1,100
  • Maintenance Expense $3,965
  • Pest Control $660
  • Professional Management Expense $3,800
  • Trash Expense $848
  • Water Sewer Expense $2,400
  • New Taxes Expense $8,750
  • Operating Expense $23,713
  • Gross Income $54,000
  • Net Operating Income $30,287

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,328

Year Built

Built in 1954 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Professional Management Expense: 3800.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: WHR2YY
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 2100.00
  • Parcel Number: 8130013031
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Open Floorplan, Storage
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 285.55
  • Window Features: Blinds, Screens

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway, Garage, On Site, Parking Space, Private, Public
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Washer Hookup
  • Pest Control Expense: 660.00
  • Sewer: Sewer Paid
  • Trash Expense: 848.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Level with Street, Sprinkler System, Yard
  • Lot Size Sq Ft: 5801.00
  • Lot Size Acres: 0.1332

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Operating Income: 54000.00
  • Gross Scheduled Income: 54000.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 5801.0000 Square Feet
  • Maintenance Expense: 3965.00
  • Net Operating Income: 30287.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 23713.00
  • Rent Control: No
  • Total Actual Rent: 4500.00
  • Total Expenses: 23713.00

Tax Info

  • New Taxes Expense: 8750.00
  • Tax Census Tract: 5012.00
  • Tax Lot: 4
  • Tax Tract Number: 16909

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2024
Sold by
Lucero Lisa Marie
Bought by
Lisa Marie Lucero Individual Trust and Lucero
Current Estimated Value
$1,068,246

Purchase Details

Listed on
Nov 2, 2018
Closed on
Dec 17, 2018
Sold by
Soto John
Bought by
Lucero Lisa Marie
Seller's Agent
Alex Horowitz
Coldwell Banker Diamond
Buyer's Agent
Teresa Molina
NT & Associates, Inc.
List Price
$700,000
Sold Price
$735,000
Premium/Discount to List
$35,000
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Original Mortgage
$551,250
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 2, 2018
Closed on
Nov 27, 2018
Sold by
Benackis Llc
Bought by
Lucero Lisa Marie
Seller's Agent
Alex Horowitz
Coldwell Banker Diamond
Buyer's Agent
Teresa Molina
NT & Associates, Inc.
List Price
$700,000
Sold Price
$735,000
Premium/Discount to List
$35,000
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,250
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2016
Sold by
Black Valerie Ann and Valeries Generation Skipping T
Bought by
Benackis Llc

Purchase Details

Closed on
Nov 19, 2015
Sold by
Sakalis Patricia E and Thomas Sakalis & Patricia E Sa
Bought by
Sakalis Patricia E and Sakalis Family Trust 1990

Purchase Details

Closed on
Jan 14, 2010
Sold by
Reynoso Rene and Reynoso Soila
Bought by
Sakalis Thomas and Sakalis Patricia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2007
Sold by
Weaver Billy W and Weaver June J
Bought by
Reynoso Rene and Reynoso Soila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
7.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lisa Marie Lucero Individual Trust -- None Listed On Document
Lisa Marie Lucero Individual Trust -- None Listed On Document
Lucero Lisa Marie -- Orange Coast Title Company
Lucero Lisa Marie $735,000 Orange Coast Title Company
Benackis Llc -- None Available
Black Valerie Ann -- None Available
Sakalis Patricia E -- None Available
Sakalis Thomas $410,000 Lawyers Title
Reynoso Rene $650,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lucero Lisa Marie $551,250
Previous Owner Sakalis Thomas $307,500
Previous Owner Reynoso Rene $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2018 12/20/18 Sold $735,000 +5.0% $286 / Sq Ft
11/20/2018 11/20/18 Pending -- -- --
11/02/2018 11/02/18 For Sale $700,000 0.0% $272 / Sq Ft
09/19/2018 09/19/18 Rented $1,500 0.0% --
08/14/2018 08/14/18 For Rent $1,500 -- --
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 $10,328 $804,843 $446,205 $358,638
2024 $10,328 $789,062 $437,456 $351,606
2023 $10,138 $773,591 $428,879 $344,712
2022 $9,898 $758,423 $420,470 $337,953
2021 $9,668 $743,553 $412,226 $331,327
2019 $9,685 $735,000 $400,000 $335,000
2018 $6,427 $465,122 $334,663 $130,459
2016 $6,068 $447,062 $321,668 $125,394
2015 $5,928 $440,348 $316,837 $123,511
2014 $5,831 $431,723 $310,631 $121,092
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18257732

California Regional Multiple Listing Service (CRMLS)

APN: 8130-013-031