NOT LISTED FOR SALE

Estimated Value: $487,000 - $695,000

3 Beds
2 Baths
1,212 Sq Ft
$502/Sq Ft Est. Value

Last Sold July 26, 2018

Last sale price $410,000 $338 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,670/month

7 Days on Market

About This Home

As of July 2018

nice units for first time buyers live in front and rent back unit, seller said he remodeled front unit, front unit will be vacant at close of escrow,
back unit will be tenant occupied.

Last Agent to Sell the Property

Jesus Bencomo

Big Block Powerhouse Realty License #01126869 Listed on: 04/23/2018

Last Buyer's Agent

Jesus Bencomo

Big Block Powerhouse Realty License #01126869 Listed on: 04/23/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 5,252 Sq Ft Lot
  • No Common Walls
  • Private Yard
  • Back Yard
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • 1,212 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Private Water Source

Listing and Financial Details

  • Tax Lot 493
  • Tax Tract Number 8359
  • Assessor Parcel Number 6050016025

Community Details

Overview

  • 3 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $510
  • Water Sewer Expense $475
  • New Taxes Expense $5,062
  • Operating Expense $6,047
  • Gross Income $25,837
  • Net Operating Income $25,062

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Ad Number: 562-416-4445
  • Property Attached: No
  • Water Sewer Expenses: 475.00
  • Zoning: LAR1
  • Property Type: Residential Income
  • Parcel Number: 6050016025
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 338.28

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Yard
  • Lot Size Sq Ft: 5252.00

Multi Family

  • Gross Income: 25836.70
  • Gross Operating Income: 25836.70
  • Gross Scheduled Income: 26364.00
  • Insurance Expense: 510.00
  • Net Operating Income: 25061.60
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 775.10
  • Operating Expense Percent: 3.00
  • Rent Control: No
  • Total Expenses: 6047.00
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 5062.00
  • Tax Census Tract: 2407.00
  • Tax Lot: 493
  • Tax Tract Number: 8359

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2018
Closed on
Jul 19, 2018
Sold by
Lopez Cecilia
Bought by
Hernandez Carlos and Juarez Jazmin
Seller's Agent
Jesus Bencomo
Big Block Powerhouse Realty
Buyer's Agent
Jesus Bencomo
Big Block Powerhouse Realty
List Price
$405,000
Sold Price
$410,000
Premium/Discount to List
$5,000
1.23%
Current Estimated Value
$608,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,164
Avg. Annual Appreciation
5.44%
Original Mortgage
$402,573
Outstanding Balance
$350,803
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$257,361

Purchase Details

Closed on
Mar 1, 2007
Sold by
Lopez Cecilia I and Lopez Cecilia
Bought by
Lopez Cecilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2004
Sold by
Rendon Investments Inc
Bought by
Lopez Cecilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.25%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 25, 2004
Sold by
Rendon Ruben
Bought by
Rendon Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.25%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Hernandez Carlos $410,000 Lawyers Title
Lopez Cecilia -- Investors Title Company
Lopez Cecilia $290,000 Security Union
Rendon Investments Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Carlos $402,573
Previous Owner Lopez Cecilia $304,000
Previous Owner Lopez Cecilia $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2018 07/26/18 Sold $410,000 +1.2% $338 / Sq Ft
06/21/2018 06/21/18 Price Changed $405,000 0.0% $334 / Sq Ft
04/30/2018 04/30/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $405,000 -- $334 / 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 $5,920 $457,359 $301,188 $156,171
2024 $5,920 $448,392 $295,283 $153,109
2023 $5,810 $439,601 $289,494 $150,107
2022 $5,551 $430,982 $283,818 $147,164
2021 $5,481 $422,532 $278,253 $144,279
2020 $5,531 $418,200 $275,400 $142,800
2019 $5,321 $410,000 $270,000 $140,000
2018 $4,583 $355,255 $294,009 $61,246
2016 $4,370 $341,463 $282,594 $58,869
2015 $4,304 $336,335 $278,350 $57,985
2014 $4,321 $329,748 $272,898 $56,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS18093870

California Regional Multiple Listing Service (CRMLS)

APN: 6050-016-025