NOT LISTED FOR SALE

Estimated Value: $709,000 - $907,316

5 Beds
2 Baths
2,187 Sq Ft
$368/Sq Ft Est. Value

Sale Details

Date Sold: August 22, 2016

Last sale price $470,000 $215 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,950 / mo

85 Days on Market

Highlights

  • Wood Flooring
  • Heating Available
  • 1-Story Property
  • Neighborhood Views

About This Home

As of August 2016

Very desirable rental area! 2 units with recently upgraded. Near freeways 110, High school, elementary school, USC and downtown

Last Agent to Sell the Property

Daniel Genie

DANIEL GENIE REALTY License #01192596 Listed on: 03/22/2016

DANIEL GENIE REALTY

Last Buyer's Agent

OUT OF AREA

OUT OF AREA License #00000000

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 6,695 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Density is up to 1 Unit/Acre
  • Land Lease

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Interior Block Wall

Interior Spaces

  • 2,187 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Located Outside

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Urban Location
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, HVAC maintenance, trash collection, water
  • Tax Lot 879
  • Tax Tract Number 6297
  • Assessor Parcel Number 6023032020

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $1,296
  • Water Sewer Expense $2,400
  • New Taxes Expense $3,917
  • Gross Income $2,700
  • Net Operating Income $25,135

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

6,695 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Parcel Number: 6023032020
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Block Walls
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 214.91

Exterior Features

  • View: Neighborhood
  • Fencing: Block
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Electric
  • Laundry Features: Common Area, Inside, Outside
  • Trash Expense: 1296.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Land Lease: Yes
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6695.00
  • Price Per Lot Square Foot: 70.20

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, HVAC Maintenance, Trash Collection, Water

Multi Family

  • Gross Income: 2700.00
  • Gross Scheduled Income: 32400.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 25135.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 7265.00
  • Rent Control: No
  • Total Actual Rent: 2700.00

Tax Info

  • New Taxes Expense: 3917.00
  • Tax Lot: 879
  • Tax Tract Number: 6297

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
Mar 22, 2016
Closed on
Aug 9, 2016
Sold by
Lopez Giovanni and Arreola Claudia M
Bought by
Seller's Agent
Daniel Genie
DANIEL GENIE REALTY
Buyer's Agent
OUT OF AREA
OUT OF AREA
List Price
$525,000
Sold Price
$470,000
Premium/Discount to List
-$55,000
-10.48%
Current Estimated Value
$797,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,406
Avg. Annual Appreciation
5.52%
Original Mortgage
$461,487
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 4, 2010
Sold by
Lopez Giovanni
Bought by
Lopez Giovanni and Arreola Claudia M

Purchase Details

Closed on
Apr 18, 2007
Sold by
Garner Sheila K and Estate Of Betty J Jefferson
Bought by
Lopez Giovanni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
7.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 12, 1993
Sold by
Jefferson Betty J
Bought by
Jefferson Betty J
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Florence, CA

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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
$470,000 Pacific Coast Title Company
Lopez Giovanni -- None Available
Lopez Giovanni $440,000 Provident Title
Jefferson Betty J -- Commonwealth Land Title
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 $468,750
Closed Winstead Staci Renee $461,487
Previous Owner Lopez Giovanni $25,000
Previous Owner Lopez Giovanni $352,000
Previous Owner Jefferson Betty J $261,500
Previous Owner Jefferson Betty J $199,800
Previous Owner Jefferson Betty J $143,500
Previous Owner Jefferson Betty J $110,000
Previous Owner Jefferson Betty J $25,000
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
08/22/2016 08/22/16 Sold $470,000 -10.5% $215 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $525,000 -- $240 / 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 $6,858 $556,379 $361,055 $195,324
2025 $6,858 $545,471 $353,976 $191,495
2024 $6,751 $534,777 $347,036 $187,741
2023 $6,623 $524,292 $340,232 $184,060
2022 $6,322 $514,012 $333,561 $180,451
2021 $6,236 $503,934 $327,021 $176,913
2020 $6,294 $498,767 $323,668 $175,099
2019 $6,052 $488,988 $317,322 $171,666
2018 $5,923 $479,400 $311,100 $168,300
2016 $5,599 $450,000 $276,200 $173,800
2015 $4,718 $376,000 $180,000 $196,000
2014 $3,908 $300,000 $184,200 $115,800
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16061099

California Regional Multiple Listing Service (CRMLS)

APN: 6023-032-020

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