NOT LISTED FOR SALE

Estimated Value: $960,481

9 Beds
8 Baths
4,830 Sq Ft
$199/Sq Ft Est. Value

Sale Details

Date Sold: August 28, 2020

Last sale price $649,900 $135 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,000 / mo

3 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Double Pane Windows
  • Corner Lot
  • 8 Car Direct Access Garage
  • Park

About This Home

As of August 2020

ATTENTION INVESTORS... CASH FLOWING SINGLE STORY... 4 UNITS!!! NO WORRIES OF ANY UPSTAIRS TENANTS MAKING IT RAIN ON DOWNSTAIRS TENANTS WITH OVERFLOWING TOILETS, TUBS OR SINKS!!! THIS IS A LARGE SINGLE STORY 4 UNIT BUILDING AND EACH UNIT HAS AN ATTACHED 2 CAR GARAGE!!! 3 OF THE UNITS ARE 2 BED 2 BATHS APPROX 1204 SQ FT EACH!!! 1 UNIT IS A 3 BED 2 BATH APPROX 1218 SQ FT!!! EACH UNIT HAS IT'S OWN PRIVATE YARD!!! INDOOR LAUNDRY ROOM IN EACH UNIT!!! NEW EXTERIOR PAINT!!! ALL 4 HEATING & AIR CONDITIONING UNITS REPLACED BRAND NEW 3 YEARS AGO!!! DUAL PANE WINDOWS!!! SEPARATE GAS & ELECTRIC METERS, LOW TAXES!!! LONG TERM TENANTS IN PLACE WITH DEFINITE ROOM TO GROW THE INCOME!!! SEE REMARKS.

Last Agent to Sell the Property

John Callahan

Option West Realty License #00981535 Listed on: 07/05/2020

Last Buyer's Agent

Jorge Martinez

Jam Realty License #01213945

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Lot Details

  • 13,068 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Block Wall Fence
  • Corner Lot

Parking

  • 8 Car Direct Access Garage
  • Parking Available

Home Design

  • Property Attached
  • Tile Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,830 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 21
  • Assessor Parcel Number 437173009

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Recreation

  • Park

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,800
  • Trash Expense $650
  • Water Sewer Expense $3,600
  • New Taxes Expense $8,000
  • Operating Expense $14,050
  • Gross Income $43,920
  • Net Operating Income $35,370

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Lot Details

0.3 Acres

Parking

8

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3600.00
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 437173009
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 134.55
  • Window Features: Double Pane Windows

Exterior Features

  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition, Tile
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Trash Expense: 650.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 13068.00
  • Lot Size Acres: 0.3000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 1204 Square Feet
  • Average3 Bed Area: 1218 Square Feet
  • Gross Income: 43920.00
  • Gross Operating Income: 43920.00
  • Gross Scheduled Income: 43920.00
  • Gross Spendable Income: 43920.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 13068.0000 Square Feet
  • Net Operating Income: 35370.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 8550.00
  • Rent Control: No
  • Total Actual Rent: 43920.00
  • Total Expenses: 14050.00

Tax Info

  • New Taxes Expense: 8000.00
  • Tax Census Tract: 436.01
  • Tax Lot: 21

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
Jul 5, 2020
Closed on
Oct 5, 2020
Sold by
Bought by
Seller's Agent
John Callahan
Option West Realty
Buyer's Agent
Jorge Martinez
Jam Realty
List Price
$649,900
Sold Price
$649,900
Current Estimated Value
$960,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,581
Avg. Annual Appreciation
7.09%
Original Mortgage
$487,425
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 5, 2020
Closed on
Jul 16, 2020
Sold by
Bought by
Seller's Agent
John Callahan
Option West Realty
Buyer's Agent
Jorge Martinez
Jam Realty
List Price
$649,900
Sold Price
$649,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,425
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2012
Sold by
Bought by

Purchase Details

Closed on
Mar 30, 2011
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
$131,250
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 5, 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
$442,000
Interest Rate
1.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 22, 2005
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
$407,150
Interest Rate
7.95%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- None Listed On Document
-- None Available
$650,000 Fidelity National Title
-- None Available
-- Chicago Title Inland Empire
-- None Available
-- First American Title Company
$479,000 First American 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
Previous Owner $487,425
Previous Owner $487,425
Previous Owner $131,250
Previous Owner $442,000
Previous Owner $407,150
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
08/28/2020 08/28/20 Sold $649,900 0.0% $135 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
07/05/2020 07/05/20 For Sale $649,900 -- $135 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,706 $717,538 $193,213 $524,325
2025 $8,197 $703,470 $189,425 $514,045
2023 $8,197 $676,155 $182,070 $494,085
2022 $8,001 $662,898 $178,500 $484,398
2021 $7,869 $649,900 $175,000 $474,900
2020 $2,624 $200,980 $51,678 $149,302
2019 $2,578 $197,040 $50,665 $146,375
2018 $2,533 $193,177 $49,672 $143,505
2017 $2,485 $189,391 $48,699 $140,692
2016 $2,378 $185,679 $47,745 $137,934
2015 $2,349 $182,892 $47,029 $135,863
2014 -- $179,310 $46,108 $133,202
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW20130509

California Regional Multiple Listing Service (CRMLS)

APN: 437-173-009

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