$1,000,000
SOLD DEC 19, 2024
-- Bed
-- Bath
3,916 Sq Ft
3,271 Sq Ft Lot

Recently Sold

$255 Per Sq Ft

23% Below List Price

99 Days on Market

Highlights

  • City Lights View
  • Two Homes on a Lot
  • Laundry Room
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 3-minute walk to Ord and Yale Street Park

About This Home

As of December 2024

This two-unit duplex can be converted to four units, zoning is LAR4. Unit numbers are 618 and 620. It's an investor's/developer's dream. It needs to be upgraded. Build in 1974 and does not appear to structural issues. Must see.

Last Agent to Sell the Property

Oscar Ornelas

RE/MAX CHAMPIONS Brokerage Phone: 626-826-7579 License #01351476 Listed on: 08/03/2024

RE/MAX CHAMPIONS

Last Buyer's Agent

Joyce Luo

RED DRAGON REALTY CORP. License #01862458

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,708

Year Built

  • Built in 1974

Lot Details

  • 3,271 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Fixer Upper

Interior Spaces

  • 3,916 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • City Lights Views

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • More Than Two Accessible Exits
  • Exterior Lighting
  • Two Homes on a Lot

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 2071
  • Assessor Parcel Number 5407017003
  • $488 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,708

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 500000
  • Property Attached: No
  • View: Yes
  • Zoning: LAR4
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5407017003
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: front
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Accessibility Features: 2+ Access Exits
  • Appliances: No
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 255.36

Exterior Features

  • Other Structures: Two On A Lot
  • View: City Lights
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 3271.00
  • Lot Size Acres: 0.0751

Multi Family

  • Lot Size Area: 3271.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2071.01
  • Tax Lot: 12
  • Tax Tract Number: 2071
  • TaxOtherAnnualAssessmentAmount: 488.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2024
Closed on
Nov 21, 2024
Sold by
Chui Judy Siu Wah
Bought by
Chui Frank
Seller's Agent
Oscar Ornelas
RE/MAX CHAMPIONS
Buyer's Agent
Joyce Luo
RED DRAGON REALTY CORP.
List Price
$1,300,000
Sold Price
$1,000,000
Premium/Discount to List
-$300,000
-23.08%
Views
64
Current Estimated Value
$1,027,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,940
Avg. Annual Appreciation
3.12%
Original Mortgage
$800,000
Outstanding Balance
$794,423
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$227,001

Purchase Details

Listed on
Aug 3, 2024
Closed on
Nov 19, 2024
Sold by
Revocable Trust Of Jean Zito and Chui Frank
Bought by
Su Ningfeng and Su Yonghong H
Seller's Agent
Oscar Ornelas
RE/MAX CHAMPIONS
Buyer's Agent
Joyce Luo
RED DRAGON REALTY CORP.
List Price
$1,300,000
Sold Price
$1,000,000
Premium/Discount to List
-$300,000
-23.08%
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$794,423
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$227,001

Purchase Details

Closed on
Jan 21, 2014
Sold by
Zito Jean
Bought by
Zito Jean and Revocable Trust Of Jean Zito

Purchase Details

Closed on
Jul 6, 2011
Sold by
Lau Sally and Chui Soo Hoo
Bought by
Zito Jean and Chui Frank

Purchase Details

Closed on
Feb 27, 2010
Sold by
Chui Soo Hoo and Tuey Soo Hoo F
Bought by
Chui Soo Hoo
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 Type Sale Price Title Company
Quit Claim Deed -- Pacific Coast Title
Quit Claim Deed -- Pacific Coast Title
Grant Deed $1,000,000 Pacific Coast Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $800,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2024 12/19/24 Sold $1,000,000 0.0% $255 / Sq Ft
11/11/2024 11/11/24 Pending -- -- --
08/30/2024 08/30/24 Price Changed $1,000,000 -23.1% $255 / Sq Ft
08/03/2024 08/03/24 For Sale $1,300,000 -- $332 / 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 $2,708 $1,000,000 $600,000 $400,000
2024 $2,708 $185,018 $40,826 $144,192
2023 $2,664 $181,391 $40,026 $141,365
2022 $2,553 $177,836 $39,242 $138,594
2021 $2,499 $174,350 $38,473 $135,877
2019 $2,431 $169,181 $37,333 $131,848
2018 $2,357 $165,864 $36,601 $129,263
2016 $2,211 $159,426 $35,181 $124,245
2015 $2,182 $157,032 $34,653 $122,379
2014 $2,201 $153,957 $33,975 $119,982
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24156259

California Regional Multiple Listing Service (CRMLS)

APN: 5407-017-003