NOT LISTED FOR SALE

Estimated Value: $773,819 - $3,456,000

5 Beds
2 Baths
1,658 Sq Ft
$881/Sq Ft Est. Value

Last Sold April 11, 2024

Last sale price $815,000 $492 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $8,599/month

60 Days on Market

About This Home

As of April 2024

?? Investment Opportunity Awaits! Two Units Perfect for First-Time Home Buyers and Savvy Investors

?? Ideal for First-Time Home Buyers:
Are you a first-time home buyer seeking a property that not only meets your residential needs but also provides an excellent opportunity for additional income? Look no further! This unique property boasts two separate units, offering the perfect solution for those looking to offset their mortgage payments in today's market with rising interest rates.

?? Two Distinct Units, Endless Possibilities:
Both units were previously owner-occupied and will be delivered vacant, providing a blank canvas for your personal touch. The front unit features a comfortable layout with 3 bedrooms and 2 bathrooms, creating an ideal space for a growing family. Meanwhile, the back unit offers 3 bedrooms and 1.5 bathrooms, presenting a fantastic rental opportunity.

?? Parking Galore:
Never worry about finding parking again! The property includes a detached garage with room for two cars, offering secure storage or a convenient parking space. Additionally, there is ample on-site parking for up to 6 cars, ensuring that both residents and guests have plenty of space.

?? Secure and Fenced Property:
Feel peace of mind in your new home. The property is fully fenced, providing security and privacy for both units. Enjoy the convenience of access from both the front and the back of the property, making daily activities a breeze.

?? Motorized Back Gate:
Enhancing security and convenience, the back gate operates with a motor, adding an extra layer of safety and ease of use for residents. Experience the modern touch that makes this property stand out.

?? Investor's Dream:
Calling all investors! With both units ready for occupancy, this property presents a golden opportunity to generate rental income immediately. Take advantage of the prime location, spacious units, and ample parking to attract tenants and maximize your return on investment.

?? Prime Location:
Conveniently located [insert location details], this property is situated in a desirable area with [mention any nearby amenities, schools, parks, or attractions]. Enjoy the benefits of a vibrant community while still maintaining a sense of privacy within your fenced property.

Don't miss out on this fantastic opportunity to own a property that combines comfort, convenience, and financial potential. Contact us today to schedule a viewing.

Last Agent to Sell the Property

Jaime Sutachan

South Bay Executive Realty, Inc. Brokerage Phone: 310-890-4643 License #01886915 Listed on: 02/08/2024

Last Buyer's Agent

Raul Garcia

Realty One Group United License #01332592

Realty One Group United

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,658

Year Built

  • Built in 1925

Lot Details

  • 5,569 Sq Ft Lot
  • Density is 2-5 Units/Acre
  • Property is zoned LAR2

Parking

  • 2 Car Garage

Interior Spaces

  • 5 Bedrooms
  • 1,658 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 358
  • Tax Tract Number 6
  • Assessor Parcel Number 6023008026
  • $420 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,658

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 407500
  • Property Attached: No
  • Zoning: LAR2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 6023008026
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 491.56

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5569.00
  • Lot Size Acres: 0.1278

Multi Family

  • Lot Size Area: 5569.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2395.01
  • Tax Lot: 358
  • Tax Tract Number: 6
  • TaxOtherAnnualAssessmentAmount: 420.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Apr 2, 2024
Sold by
Elaine Seabra Revocable Living Trust and Zelada Jose Gabriel
Bought by
Marin Olga Soto
Seller's Agent
Jaime Sutachan
South Bay Executive Realty, Inc.
Buyer's Agent
Raul Garcia
Realty One Group United
List Price
$815,000
Sold Price
$815,000
Views
143
Current Estimated Value
$1,461,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$646,205
Avg. Annual Appreciation
52.66%
Original Mortgage
$800,238
Interest Rate
6.94%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 12, 2023
Sold by
Seabra Elaine
Bought by
Elaine Seabra Revocable Living Trust and Seabra

Purchase Details

Closed on
Jul 14, 2023
Sold by
Brasil Revocable Living Trust
Bought by
Seabra Elaine

Purchase Details

Closed on
Sep 1, 2021
Sold by
Palacios Nelci Amelia
Bought by
Palacios Nelci Amelia and The Brasil Revocable Living Tr

Purchase Details

Listed on
Jan 5, 2018
Closed on
Mar 21, 2018
Sold by
Zelada Jose Gabriel Marin
Bought by
Zelada Jose Gabriel Marin and Palacios Nelci Amelia
Seller's Agent
WILLIAM PULIDO
RE/MAX CHAMPIONS
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$480,000
Sold Price
$490,000
Premium/Discount to List
$10,000
2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.86%

Purchase Details

Closed on
Aug 4, 2017
Sold by
Castro Rene
Bought by
Zelada Jose Gabriel Marin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,124
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 19, 2016
Closed on
Jun 20, 2016
Sold by
Orellana Gloria Aracely
Bought by
Castro Rene
Seller's Agent
Steve Gamez
P.R.S. Properties
Buyer's Agent
Ruben Magdaleno
CRMLS Member Transfer
List Price
$395,000
Sold Price
$395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.37%
Original Mortgage
$387,845
Interest Rate
3.58%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 19, 2016
Closed on
May 24, 2016
Sold by
Boyer Joddy A and The Joddy A Boyer Separate Pro
Bought by
Castro Rene
Seller's Agent
Steve Gamez
P.R.S. Properties
Buyer's Agent
Ruben Magdaleno
CRMLS Member Transfer
List Price
$395,000
Sold Price
$395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,845
Interest Rate
3.58%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 13, 2015
Sold by
Boyer Joddy A
Bought by
Boyer Joddy A and The Joddy A Boyer Separate Pro

Purchase Details

Closed on
Jan 28, 2003
Sold by
Wiley Joel and Boyer Joddy
Bought by
Wiley Joel and Boyer Joddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.83%

Purchase Details

Closed on
Aug 1, 1996
Sold by
Wiley Michael and Wiley Peccola
Bought by
Wiley Joel and Boyer Joddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.33%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 1, 1994
Sold by
Wiley Michael and Wiley Peccola
Bought by
Wiley Michael and Wiley Peccola
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Marin Olga Soto $3,334,090 Lawyers Title
Elaine Seabra Revocable Living Trust -- None Listed On Document
Seabra Elaine -- None Listed On Document
Palacios Nelci Amelia -- Accommodation
Zelada Jose Gabriel Marin -- Accommodation
Zelada Jose Gabriel Marin $490,000 Old Republic Title Company
Castro Rene -- First American Title Company
Castro Rene $395,000 First American Title Company
Boyer Joddy A -- None Available
Wiley Joel -- Southland Title Corporation
Wiley Joel $100,000 --
Wiley Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soto Marin Olga $804,999
Closed Marin Olga Soto $800,238
Previous Owner Zelada Jose Gabriel Marin $481,124
Previous Owner Castro Rene $387,845
Previous Owner Wiley Joel $105,000
Previous Owner Wiley Joel $125,000
Previous Owner Wiley Joel $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2024 04/11/24 Sold $815,000 0.0% $492 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $815,000 +66.3% $492 / Sq Ft
03/28/2018 03/28/18 Sold $490,000 +2.1% $296 / Sq Ft
02/15/2018 02/15/18 Pending -- -- --
02/13/2018 02/13/18 For Sale $480,000 0.0% $290 / Sq Ft
01/29/2018 01/29/18 Pending -- -- --
01/20/2018 01/20/18 For Sale $480,000 -2.0% $290 / Sq Ft
01/06/2018 01/06/18 Off Market $490,000 -- --
01/06/2018 01/06/18 Pending -- -- --
01/05/2018 01/05/18 For Sale $480,000 +21.5% $290 / Sq Ft
07/05/2016 07/05/16 Sold $395,000 0.0% $238 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
01/19/2016 01/19/16 For Sale $395,000 -- $238 / 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
2025 $7,658 $615,364 $458,629 $156,735
2024 $7,658 $603,299 $449,637 $153,662
2023 $7,403 $589,241 $440,919 $148,322
2022 $7,065 $577,688 $432,274 $145,414
2021 $6,455 $515,076 $357,400 $157,676
2020 $6,516 $509,796 $353,736 $156,060
2019 $6,267 $499,800 $346,800 $153,000
2018 $5,109 $402,900 $261,120 $141,780
2016 $3,892 $304,581 $108,893 $195,688
2015 $3,838 $133,364 $46,552 $86,812
2014 $1,871 $130,753 $45,641 $85,112
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24028166

California Regional Multiple Listing Service (CRMLS)

APN: 6023-008-026