NOT LISTED FOR SALE

Estimated Value: $509,573 - $598,000

3 Beds
2 Baths
1,168 Sq Ft
$491/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $389,000 $333 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,637/month

1 Day on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Granite Countertops
  • Neighborhood Views
  • Living Room

About This Home

As of November 2020

Great 2-Unit (Duplex) now Available! One 2 bedroom/1 Bath and One 1 Bedroom/1 Bath units situated on a large lot with Excellent long term Tenants. Income property is centrally located off Arlington Ave and Van Buren Blvd just north of 91 Frwy. with shopping amenities, walking distance to Walnut park and schools. This home is also located down the street from Home Front at Camp Anza (Veteran Housing)

Last Agent to Sell the Property

Gay-Lynn Barnes

eXp Realty of California Inc. License #01433767 Listed on: 08/24/2020

eXp Realty of California Inc.

Last Buyer's Agent

Samuel Mikhail

The New City Realty License #01712561

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,012

Year Built

  • Built in 1945

Lot Details

  • 6,098 Sq Ft Lot
  • 1 Common Wall
  • Chain Link Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,168 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Tile Flooring
  • Neighborhood Views
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Auto Driveway Gate

Accessible Home Design

  • Accessible Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 122
  • Assessor Parcel Number 151112015

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $150
  • Insurance Expense $650
  • Professional Management Expense $270
  • Trash Expense $70
  • Water Sewer Expense $60
  • New Taxes Expense $5,100
  • Operating Expense $11,200
  • Gross Income $23,172
  • Net Operating Income $17,172

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,012

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Assessments: No
  • Professional Management Expense: 270.00
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 60.00
  • Zoning: R3
  • Architectural Style: Contemporary, Traditional
  • Property Type: Residential Income
  • Parcel Number: 151112015
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Accessibility Features: Parking
  • Levels: One
  • Price Per Square Foot: 333.05
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Concrete

Garage/Parking

  • Parking: Yes
  • Parking Features: Auto Driveway Gate

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 70.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Electric Expense: 150.00
  • Gross Income: 23172.00
  • Gross Scheduled Income: 23172.00
  • Insurance Expense: 650.00
  • Lot Size Area: 6098.0000 Square Feet
  • Net Operating Income: 17172.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 6600.00
  • Rent Control: No
  • Total Expenses: 11200.00

Tax Info

  • New Taxes Expense: 5100.00
  • Tax Census Tract: 411.01
  • Tax Lot: 122

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2022
Sold by
Unknown
Bought by
Mj United Inc
Total Days on Market
1
Current Estimated Value
$573,393

Purchase Details

Listed on
Aug 24, 2020
Closed on
Sep 16, 2020
Sold by
Contreras Ricardo
Bought by
Yassa Adam M
Seller's Agent
Gay-Lynn Barnes
eXp Realty of California Inc.
Buyer's Agent
Samuel Mikhail
The New City Realty
List Price
$425,000
Sold Price
$389,000
Premium/Discount to List
-$36,000
-8.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.84%
Original Mortgage
$290,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2012
Closed on
Apr 3, 2012
Sold by
Kassoy Mike and Kassaei Farideh Charsetad
Bought by
Contreras Ricardo
Seller's Agent
Francisco Esparza
Francisco P Esparza
Buyer's Agent
Samuel Mikhail
The New City Realty
List Price
$210,000
Sold Price
$203,500
Premium/Discount to List
-$6,500
-3.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%
Original Mortgage
$198,340
Interest Rate
3.98%
Mortgage Type
FHA

Purchase Details

Closed on
May 4, 2011
Sold by
Afc Group Llc
Bought by
Kassoy Mike and Kassaei Farideh Charsetad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
4.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 4, 2009
Sold by
U S Bank National Association
Bought by
Afc Group Llc

Purchase Details

Closed on
Jul 3, 2009
Sold by
Colchado Sergio
Bought by
Us Bank National Association

Purchase Details

Closed on
Jan 12, 2007
Sold by
Ruiz Maria Gabina
Bought by
Colchado Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 4, 2006
Sold by
Gonzalez David and Gonzalez Maria M
Bought by
Colchado Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 2005
Sold by
Gonzalez Irene
Bought by
Gonzalez David and Gonzalez Maria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2004
Sold by
Rivera Michael and Rivera Marcela
Bought by
Gonzalez Irene and Gonzalez David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,200
Interest Rate
7.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 11, 2001
Sold by
Serrato Victor
Bought by
Rivera Michael and Rivera Marcela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,605
Interest Rate
6.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 4, 2001
Sold by
Hud
Bought by
Serrato Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
7.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 14, 2000
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Apr 13, 2000
Sold by
Rachel Esparza
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Feb 5, 1999
Sold by
Marquez Frank
Bought by
Esparza Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,724
Interest Rate
6.7%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 4, 1999
Sold by
Pff Bank & Trust
Bought by
Marquez Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,724
Interest Rate
6.7%
Mortgage Type
FHA

Purchase Details

Closed on
May 8, 1998
Sold by
Ruiz Joseph A and Ruiz Linda
Bought by
Pff Bank & Trust
Source: Public Records

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Range of Values:

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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
Mj United Inc -- --
Yassa Adam M $389,000 Chicago Title Company
Contreras Ricardo -- Chicago Title Company
Contreras Ricardo $203,500 First American Title Company
Kassoy Mike $170,000 Equity Title Company
Afc Group Llc $105,000 Stewart Title Of California
Us Bank National Association $125,000 None Available
Colchado Sergio -- --
Colchado Sergio $350,000 First American Title Company
Gonzalez David -- Commonwealth Land Title Co
Gonzalez Irene -- Ticor Title San Bernardino
Rivera Michael $155,000 Stewart Title
Serrato Victor $102,000 First American Title Co
Hud -- Stewart Title
Chase Manhattan Mtg Corp $128,017 Stewart Title
Esparza Rachel $115,000 --
Marquez Frank $55,500 --
Pff Bank & Trust $65,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yassa Adam M $310,000
Previous Owner Yassa Adam M $290,000
Previous Owner Contreras Ricardo $212,500
Previous Owner Contreras Ricardo $198,340
Previous Owner Kassoy Mike $127,500
Previous Owner Afc Group Llc $45,000
Previous Owner Colchado Sergio $245,000
Previous Owner Gonzalez David $260,000
Previous Owner Gonzalez Irene $180,200
Previous Owner Rivera Michael $152,605
Previous Owner Serrato Victor $81,600
Previous Owner Esparza Rachel $114,724
Previous Owner Marquez Frank $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $389,000 -8.5% $333 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $425,000 +108.8% $364 / Sq Ft
05/20/2012 05/20/12 Sold $203,500 -3.1% $174 / Sq Ft
05/03/2012 05/03/12 Pending -- -- --
03/16/2012 03/16/12 For Sale $210,000 -- $180 / 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
2023 $5,012 $400,000 $100,000 $300,000
2022 $4,692 $396,780 $102,000 $294,780
2021 $4,616 $389,000 $100,000 $289,000
2020 $2,786 $233,711 $74,649 $159,062
2019 $2,750 $229,130 $73,186 $155,944
2018 $2,712 $224,638 $71,751 $152,887
2017 $2,663 $220,235 $70,345 $149,890
2016 $2,619 $215,917 $68,966 $146,951
2015 $2,581 $212,676 $67,931 $144,745
2014 $2,572 $208,511 $66,601 $141,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20173172

California Regional Multiple Listing Service (CRMLS)

APN: 151-112-015