NOT LISTED FOR SALE

Estimated Value: $633,000 - $827,000

4 Beds
2 Baths
1,112 Sq Ft
$674/Sq Ft Est. Value

Last Sold July 10, 2019

Last sale price $490,000 $441 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,513/month

9 Days on Market

About This Home

As of July 2019

Don’t miss this incredible opportunity to live in one home and rent the other. This duplex is priced to sell the front home features 3 Bedrooms & 1 Bath, spacious living room with washer and dryer hookups inside the property, recently remodeled, beautiful granite countertops, and recently replaced flooring, The second detached unit which is located right behind the front unit is a spacious 1 Bedroom & 1 bath home that can be used as a rental income or mother in law quarters. This property offers a long driveway with plenty of parking, 2 car garage, and centrally located.

Last Agent to Sell the Property

Stephanie Ruelas Otero

Realty Masters & Associates License #02000506 Listed on: 06/03/2019

Realty Masters & Associates

Last Buyer's Agent

Edmar Costa

Century 21 Realty Masters License #01474018

Century 21 Realty Masters

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,624

Year Built

  • Built in 1923

Lot Details

  • 5,580 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,112 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 72
  • Tax Tract Number 229420
  • Assessor Parcel Number 5103012023

Community Details

Overview

  • 4 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,624

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5103012023
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 440.65

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5580.00
  • Lot Size Acres: 0.1281
  • Latitude Manual: 33.99201600

Multi Family

  • Lot Size Area: 5580.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 72
  • Tax Tract Number: 229420

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2020
Sold by
Martinez Edgar C
Bought by
Martinez Edgar C
Current Estimated Value
$750,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,001
Outstanding Balance
$425,225
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$305,843

Purchase Details

Listed on
Jun 3, 2019
Closed on
Jul 15, 2019
Sold by
Maldonado Sorangela Martinez
Bought by
Martinez Edgar C
Seller's Agent
Stephanie Ruelas Otero
Realty Masters & Associates
Buyer's Agent
Edmar Costa
Century 21 Realty Masters
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
6.67%
Original Mortgage
$481,124
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 3, 2019
Closed on
Jun 18, 2019
Sold by
Renteria Jorge
Bought by
Martinez Edgar C
Seller's Agent
Stephanie Ruelas Otero
Realty Masters & Associates
Buyer's Agent
Edmar Costa
Century 21 Realty Masters
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.
Original Mortgage
$481,124
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 21, 2015
Closed on
Apr 24, 2015
Sold by
O C Interior Services Llc
Bought by
Renterla Jorge
Seller's Agent
Hank Bahrami
Alta Mira Realty, Inc.
Buyer's Agent
Jose Castaneda
Century 21 Realty Masters
List Price
$399,900
Sold Price
$395,000
Premium/Discount to List
-$4,900
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Original Mortgage
$387,845
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 9, 2013
Closed on
Nov 14, 2013
Sold by
County Of Los Angeles Public Administrat
Bought by
O C Interior Services Llc
Seller's Agent
Rhett Winchell
Kennedy Wilson Real Estate Sales & Marketing
Buyer's Agent
Rhett Winchell
Kennedy Wilson Real Estate Sales & Marketing
List Price
$199,000
Sold Price
$220,000
Premium/Discount to List
$21,000
10.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.27%
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
Martinez Edgar C -- Orange Coast Title
Martinez Edgar C -- Lawyers Title Company
Martinez Edgar C $490,000 Lawyers Title
Renterla Jorge $395,000 Fidelity
O C Interior Services Llc $220,000 Fidelity Sherman Oaks
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Edgar C $477,001
Closed Martinez Edgar C $481,124
Previous Owner Renterla Jorge $387,845
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2019 07/10/19 Sold $490,000 +2.1% $441 / Sq Ft
06/03/2019 06/03/19 For Sale $480,000 +21.5% $432 / Sq Ft
05/08/2015 05/08/15 Sold $395,000 -1.2% $355 / Sq Ft
03/02/2015 03/02/15 Pending -- -- --
01/21/2015 01/21/15 For Sale $399,900 +81.8% $360 / Sq Ft
12/30/2013 12/30/13 Sold $220,000 +10.6% $198 / Sq Ft
10/25/2013 10/25/13 Pending -- -- --
07/09/2013 07/09/13 For Sale $199,000 -- $179 / 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 $6,624 $535,881 $360,900 $174,981
2024 $6,624 $525,374 $353,824 $171,550
2023 $6,499 $515,074 $346,887 $168,187
2022 $6,201 $504,976 $340,086 $164,890
2021 $6,125 $495,075 $333,418 $161,657
2020 $6,185 $490,000 $330,000 $160,000
2019 $5,302 $425,564 $341,638 $83,926
2018 $5,186 $417,221 $334,940 $82,281
2016 $4,955 $401,022 $321,935 $79,087
2015 $2,850 $224,395 $173,396 $50,999
2014 -- $220,000 $170,000 $50,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19129607

California Regional Multiple Listing Service (CRMLS)

APN: 5103-012-023