NOT LISTED FOR SALE

Estimated Value: $702,000 - $734,754

3 Beds
2 Baths
1,262 Sq Ft
$566/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $580,000 $460 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,533/month

30 Days on Market

Highlights

  • Laundry Room
  • Front Yard
  • 1-Story Property
  • Wall Furnace

About This Home

As of March 2021

Great Opportunity for First Time Buyers or Investor! Is a good starter home. 2 units attached, 1 bed 1 bathroom and 2 bed 1 bath. All bedrooms have carpet and bathrooms have tile. Both kitchens have tile flooring and counter tops. Laundry inside 2 bed unit. Carpet throughout both living rooms. Property is very secured has high fencing. It has a lot of space for parking. Property is being sold with 1 bed 1 bath tenant. Easy Access to the freeway and public transportation and schools and shopping.

Last Agent to Sell the Property

Daniel Alvarez

American Team Properties License #01186073 Listed on: 12/08/2020

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,717

Year Built

  • Built in 1922

Lot Details

  • 4,304 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Home Design

  • Property Attached

Interior Spaces

  • 1,262 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 109
  • Tax Tract Number 5054
  • Assessor Parcel Number 6054019005

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $720
  • Trash Expense $180
  • Water Sewer Expense $1,500
  • New Taxes Expense $4,572
  • Operating Expense $6,972
  • Net Operating Income $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,717

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Other Phone Description: Danny Alvarez
  • Other Phone Number: 818-859-0286
  • Property Attached: Yes
  • Water Sewer Expenses: 1500.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 6054019005
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 459.59

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 180.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 4304.00
  • Lot Size Acres: 0.0988

Multi Family

  • Gross Scheduled Income: 12000.00
  • Insurance Expense: 720.00
  • Lot Size Area: 4304.0000 Square Feet
  • Net Operating Income: 12000.00
  • 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: No
  • Total Expenses: 6972.00

Tax Info

  • New Taxes Expense: 4572.00
  • Tax Census Tract: 2404.02
  • Tax Lot: 109
  • Tax Tract Number: 5054

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2021
Sold by
Galindo Jose Ramirez
Bought by
Corbin Samuel Morris
Current Estimated Value
$713,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,494
Interest Rate
2.73%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 6, 2007
Sold by
Orzuna Teresa
Bought by
Galindo Jose Ramirez

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
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2004
Sold by
Galindo Jose Ramirez
Bought by
Galindo Jose Ramirez and Orzuna Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,100
Interest Rate
7.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2000
Sold by
Reaching Kids Foundation
Bought by
Galindo Jose Ramirez and Orzuna Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,683
Interest Rate
8.13%
Mortgage Type
FHA

Purchase Details

Closed on
May 25, 1999
Sold by
Ge Capital Mtg Services Inc
Bought by
Reaching Kids Foundation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
7.4%

Purchase Details

Closed on
May 11, 1999
Sold by
Chase Bank Of Texas Na
Bought by
Ge Capital Mtg Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
7.4%

Purchase Details

Closed on
Feb 3, 1999
Sold by
Romero Jose L
Bought by
Texas Commerce Bank National Assn
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Corbin Samuel Morris $580,000 Clearmark Title
Galindo Jose Ramirez -- Ticor Title
Galindo Jose Ramirez -- Landsafe Title
Galindo Jose Ramirez $161,000 Southland Title Corporation
Reaching Kids Foundation $97,500 Stewart Title
Ge Capital Mtg Services Inc -- Stewart Title
Texas Commerce Bank National Assn $120,244 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corbin Samuel Morris $569,494
Previous Owner Galindo Jose Ramirez $260,000
Previous Owner Galindo Jose Ramirez $212,100
Previous Owner Galindo Jose Ramirez $159,561
Previous Owner Galindo Jose Ramirez $159,683
Previous Owner Reaching Kids Foundation $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $580,000 0.0% $460 / Sq Ft
01/07/2021 01/07/21 Pending -- -- --
12/08/2020 12/08/20 For Sale $580,000 -- $460 / 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 $7,717 $627,809 $541,216 $86,593
2024 $7,717 $615,500 $530,604 $84,896
2023 $7,575 $603,432 $520,200 $83,232
2022 $7,232 $591,600 $510,000 $81,600
2021 $3,516 $278,608 $196,369 $82,239
2020 $3,547 $275,752 $194,356 $81,396
2019 $3,332 $263,350 $190,546 $72,804
2018 $3,251 $258,187 $186,810 $71,377
2016 $3,102 $248,163 $179,557 $68,606
2015 $3,058 $244,436 $176,860 $67,576
2014 $3,080 $239,649 $173,396 $66,253
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20254046

California Regional Multiple Listing Service (CRMLS)

APN: 6054-019-005